Scores, winners and data below compare these brokers as CFD/FX brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
Exante
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Interactive Brokers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Best for
What we compare A comparison of the kinds of traders Exante and Interactive Brokers are best suited to, based on what each one actually offers in Australia.Interactive Brokers is better than Exante for day traders, high-volume traders and scalpers. Both are a good fit for long-term investors, professional traders and swing traders.
| Overall score | Exante 77 -6 78 -5 | Interactive Brokers 83 Best 83 Best |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise Exante and the ones that supervise Interactive Brokers.Only Interactive Brokers is regulated in Australia, by ASIC. Exante holds no licence in Australia and is regulated by CySEC, MFSA and the SFC (Hong Kong).
| Section score | Exante 100 100 | Interactive Brokers 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that Exante and Interactive Brokers have in place to protect your money in Australia.Both Exante and Interactive Brokers offer segregated client funds and two-factor authentication. Exante also offers an investor compensation scheme.
| Section score | Exante 78 Best 78 Best | Interactive Brokers 73 -5 73 -5 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2008 | 1978 |
| Parent company i | XNT Ltd | Interactive Brokers Group, Inc. |
| CEO i | Alexey Kirienko | Milan Galik |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | Agricultural Bank of China, Australia and New Zealand Banking Group, Banco Santander, Bank Hapoalim, Bank of China, Barclays Bank Ireland, Barclays Bank, Euroclear Bank, HSBC Bank, HSBC Continental Europe, ING Bank, ING Belgium, ING Bank Slaski, J.P. Morgan SE, J.P. Morgan Chase Bank, Mizuho Bank, MUFG Bank, NatWest Bank, Oversea Chinese Banking Corporation, Raiffeisen Bank International, Raiffeisen Bank Zrt, Raiffeisenbank a.s., Royal Bank of Canada, Skandinaviska Enskilda Bank, Societe Generale, Standard Chartered Bank, The Hongkong and Shanghai Banking Corporation, UBS Switzerland, United Overseas Bank, Wells Fargo Bank |
| Brand power | ||
| Number of customers worldwide i | 3,337,000 | |
| Annual revenue i | US$6,205,000,000 | |
| Monthly website search traffic i | ||
Costs
What we compare A comparison of what it costs to trade with Exante and with Interactive Brokers in Australia, both on each trade and on holding the account.Interactive Brokers is better than Exante for CFD/FX costs, since Interactive Brokers is cheaper on EUR/USD, at US$2 per lot (against Exante's US$8.81), charges lower US stock CFD fees, at US$0.01 (against Exante's US$2), and does not charge inactivity fees, unlike Exante. Neither Exante nor Interactive Brokers charges account maintenance fees or deposit fees.
Interactive Brokers is better than Exante for real stock costs, given that Interactive Brokers charges lower US stock fees, at US$2.1 (against Exante's US$2.4), charges lower ETF fees, at US$2.1 (against Exante's US$2.4), and does not charge inactivity fees, unlike Exante. Neither Exante nor Interactive Brokers charges account maintenance fees or deposit fees.
| Section score | Exante 55 -36 60 -19 | Interactive Brokers 91 Best 79 Best |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | US$11.61 | US$2 |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | US$8.805 | US$2 |
| S&P 500 fees (CFD) i | ||
| Gold fees (CFD) i | ||
| Bitcoin fees (CFD) i | ||
| US stocks fees (CFD) i | US$2 | US$0.005 |
| Fees on stocks | ||
| Stock fee type i | Commission, Percentage | Commission, Percentage |
| US stocks fees (real) i | US$2.4 | US$2.1 |
| ETF fees (real) i | US$2.4 | US$2.1 |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | US$1.5 | US$0.85 |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | US$1.5 | US$0.65 |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with Exante and with Interactive Brokers in Australia, and of how many instruments each one gives access to.Exante and Interactive Brokers are equally good for CFD/FX markets, as Exante gives access to 1,000,000 tradable symbols (against Interactive Brokers' 15,000), and offers options on commodities. On the other hand, Interactive Brokers offers CFDs on crypto, and lets you own bonds, crypto, funds and forex outright. Both Exante and Interactive Brokers offer CFDs on commodities, forex, indices and stocks, and let you own ETFs and stocks outright.
Interactive Brokers is better than Exante for real stock markets, because Interactive Brokers lets you own bonds, crypto, funds and forex outright, which Exante does not, offers options on indices, which Exante does not, and offers CFDs on crypto, which Exante does not. Both Exante and Interactive Brokers let you own ETFs and stocks outright, and offer futures on commodities and indices.
| Section score | Exante 100 90 -10 | Interactive Brokers 100 100 Best |
|---|---|---|
| Total tradable symbols i | 1,000,000 | 15,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | Commodities, Indices | Indices, Commodities |
| Options i | Commodities, Stocks | Stocks, Indices |
| Assets you can own i | ETF, Stocks | Bonds, Crypto, ETF, Funds, Forex, Stocks |
Platform
What we compare A comparison of the trading platforms that Exante and Interactive Brokers make available to their clients in Australia.Exante and Interactive Brokers are equally good for platforms, since Exante offers MetaTrader 4. On the other hand, Interactive Brokers offers TradingView. Both Exante and Interactive Brokers offer a proprietary platform and one-click trading.
| Section score | Exante 83 83 | Interactive Brokers 80 -3 80 -3 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of Exante and Interactive Brokers in Australia, and of what each one lets you do from your phone.Exante is better than Interactive Brokers for mobile trading, as Exante offers the MetaTrader 4 app, which Interactive Brokers does not. Exante and Interactive Brokers both offer a proprietary mobile app and mobile price alerts.
| Section score | Exante 86 Best 86 Best | Interactive Brokers 80 -6 80 -6 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that Exante and Interactive Brokers allow on their platforms in Australia.Exante is better than Interactive Brokers for CFD/FX trading features, since Exante allows for high-frequency trading and expert advisors. Exante and Interactive Brokers both offer negative balance protection and trailing stops.
Exante and Interactive Brokers are equally good for real stock trading features, since Exante has no minimum trade size on stocks (against Interactive Brokers' US$1). On the other hand, Interactive Brokers offers fractional shares. Both Exante and Interactive Brokers offer trailing stops and tier-1 liquidity providers.
| Section score | Exante 81 Best 85 | Interactive Brokers 75 -6 85 |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | NDD |
| Average execution time i | 10 ms | |
| Slippage occurrence i | ||
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 20:1 | 20:1 |
| Major indices leverage i | 20:1 | 20:1 |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1 | 20:1 |
| Commodities leverage i | 10:1 | 10:1 |
| Equities leverage i | 5:1 | 5:1 |
| Cryptocurrency leverage i | 2:1 | |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | US$0 | US$1 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at Exante and at Interactive Brokers in Australia, and of who each one is meant for.Exante is better than Interactive Brokers for CFD/FX account types, as Exante offers a corporate account, a managed account and an unlimited demo account, which Interactive Brokers does not. Both Exante and Interactive Brokers offer a demo account and a professional traders account.
Exante is better than Interactive Brokers for real stock account types, given that Exante offers a corporate account, a managed account and an unlimited demo account, which Interactive Brokers does not. Exante and Interactive Brokers both offer a stock investing account and a demo account.
| Section score | Exante 59 Best 84 Best | Interactive Brokers 41 -18 63 -21 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with Exante and with Interactive Brokers in Australia.Interactive Brokers is better than Exante for account opening, given that Interactive Brokers does not require a minimum deposit (against Exante's US$10,000), credits deposits faster, within 1 day (against Exante's 5 days), and offers credit cards, which Exante does not. Both Exante and Interactive Brokers offer wire transfers. Exante holds no licence in Australia.
| Section score | Exante 40 -20 40 -20 | Interactive Brokers 60 Best 60 Best |
|---|---|---|
| Minimum deposit i | US$10,000 | US$0 |
| Minimum withdrawal i | US$0 | US$0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | ||
| Local payment methods i | ||
| Account base currencies i | CHF, CZK, EUR, PLN, RUB, USD | AUD, EUR, GBP, HKD, USD |
| Deposit waiting time i | up to 5 business days | up to 1 business days |
| Withdrawal waiting time i | up to 5 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of Exante and Interactive Brokers in Australia, in how it can be reached and how fast it answers.Exante is better than Interactive Brokers for customer care, since Exante offers a dedicated account manager and priority support, which Interactive Brokers does not. Both Exante and Interactive Brokers offer phone support and live chat.
| Section score | Exante 66 Best 66 Best | Interactive Brokers 58 -8 58 -8 |
|---|---|---|
| Number of languages supported i | 6 | 8 |
| Website languages i | Arabic, Czech, English, Polish, Spanish, Chinese | German, English, French, Italian, Japanese, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | English | German, English, French, Italian, Japanese, Russian, Spanish, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that Exante and Interactive Brokers provide to their clients in Australia.Interactive Brokers is better than Exante for learning, because Interactive Brokers offers education for beginners, an education center and daily market commentary, which Exante does not. Both Exante and Interactive Brokers offer education for advanced traders and webinars.
| Section score | Exante 64 -36 64 -36 | Interactive Brokers 100 Best 100 Best |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
Exante vs Interactive Brokers: which one should you choose?
CFD/FX Choose Exante if you want a forex brokerage service for high-frequency trading, with fast order execution and a wide choice of markets and live in a country where it is licensed to operate.
Stocks Choose Exante if you want a stock brokerage service with a wide choice of markets and live in a country where it is licensed to operate.
Not licensed in Australia CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.CFD/FX Choose Interactive Brokers if you want a CFD broker regulated in Australia by ASIC, with low trading costs, no minimum deposit and TradingView.
Stocks Choose Interactive Brokers if you want a broker for securities investing regulated in Australia by ASIC, with no minimum deposit and TradingView.
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.Other popular comparisons
Below are other head-to-head comparisons that include Exante or Interactive Brokers, each scored with the same data and method as this page.