Capital.com vs Interactive Brokers: Comparison and Analysis

Capital.com vs Interactive Brokers: A Comparison Summary

When it comes to choosing a broker, there are various factors to consider such as security, account opening, trading fees, available markets, social-copy trading, platforms, and customer care. In this comparison summary, we’ll take a closer look at Capital.com and Interactive Brokers to help you make an informed decision.

Security

Both Capital.com and Interactive Brokers are highly regulated, with Capital.com holding licences from FCA, CySEC, ASIC, FSA, SCB, and NBRB, while Interactive Brokers is regulated by FCA, several EU regulators (CSSF, CBI and the Central Bank of Hungary), ASIC, HKSFC, SEBI, IIROC, FFAJ, MAS, SEC, and CFTC. With a security rating of 94 and 95, respectively, both brokers provide a high level of security for traders.

Demo Account

Capital.com and Interactive Brokers offer unlimited demo accounts, with virtual funds of $1,000 to $100,000 and $1,000,000, respectively. Capital.com clients can easily top up their virtual funds when needed, while Interactive Brokers’ demo account virtual funds can be restored by contacting customer support.

Account Opening

Capital.com’s minimum deposit is $20, with a choice of account currencies such as EUR, PLN, USD, GBP, and AUD, and payment methods including wire transfers, credit/debit cards, and eWallets. Capital.com offers a CFD account, spread betting account, and professional account. On the other hand, Interactive Brokers has no minimum deposit requirement but requires at least $2,000 to trade with margin. Interactive Brokers offers over 25 base currencies, and payment methods such as wire transfers, credit/debit cards, eWallets, IRA transfers, checks, and several local payment methods. Interactive Brokers offers a standard account, margin account, cash account, and professional account.

Social-Copy Trading

Capital.com allows social trading via the third-party platform Tradingview, while Interactive Brokers does not offer social-copy trading.

Markets

Capital.com offers Forex, Commodities, Indices, Crypto, and Shares as CFDs, with a total of 125 crypto assets and 2,857 shares. On the other hand, Interactive Brokers offers Forex, Commodities, Crypto, Stocks, ETFs, Futures, and Options, with a total of 100+ forex pairs, 10 commodities, 23 crypto assets, 5,000+ stocks, 50+ ETFs, and 20 futures and options. Interactive Brokers offers a wider range of assets to trade, making it suitable for both short and long-term investing on every market.

Trading Fees

Both Capital.com and Interactive Brokers offer variable spreads, with Capital.com’s spreads starting from 0.6 pips on forex and Interactive Brokers starting from 0.1 pips on forex. Capital.com charges no commissions per lot traded, while Interactive Brokers charges up to $7 per lot traded. Interactive Brokers offers very low fees with financing rates from 0.75% and no commissions on stocks and ETFs with the IBKR Lite Plan. With the IBKR Pro Plan, commissions start from $0.0005 per share or ETF.

Platforms

Capital.com has a proprietary platform available via desktop and mobile and offers MT4 via desktop, mobile, and web. Interactive Brokers offers a proprietary trading platform available as desktop, webtrader, and mobile, with all platforms allowing traders to engage in algo trading. Interactive Brokers also offers VPS services, FIX API, and TWS API integration.

Education/Customer Care

Capital.com offers a learning hub with the basics of trading, CFD guides, a glossary of trading, trading courses, FAQs, market guides, and trading strategy guides. Customer care is easily accessible via email, phone, and live chat. Interactive Brokers offers a wide range of educational materials for both beginners and advanced traders, including tutorial videos, IBKR blog, trader’s academy, and more. Customer care is available in 8 languages and is easy to contact via email, telephone, and live chat.

Conclusion

Both Capital.com and Interactive Brokers offer a range of services suitable for traders of all levels. While Capital.com offers a wide range of markets and a proprietary platform, Interactive Brokers offers a wider range of assets, including futures and options, and offers low fees for stock and ETF trading. Ultimately, the choice between Capital.com and Interactive Brokers depends on your trading needs and preferences. If you’re looking for a broker with a wider range of markets and a proprietary platform, Capital.com may be the better option. However, if you’re looking for a broker with a wider range of assets and low fees for stock and ETF trading, Interactive Brokers may be the better choice. In any case, both brokers provide a high level of security, unlimited demo accounts, and easy access to customer care.