B

ForexTB

5.8/10

Interactive Investor

7/10
6/10RegulationWinner7/10
1/10FeesWinner10/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

ForexTB was founded in 2015 and is headquartered in Cyprus, while Interactive Investor was established in 1995 and is based in UK. ForexTB holds licences including Cyprus Securities and Exchange Commission (CySEC), while Interactive Investor is regulated by Financial Conduct Authority (FCA) among others. ForexTB serves 5,000+ clients worldwide; Interactive Investor has 10,000+. The minimum deposit is $250 at ForexTB and $1 at Interactive Investor.

Interactive Investor wins this category
FeatureForexTBInteractive Investor
Min. Deposit$250$1
RegulationCyprus Securities and Exchange Commission (CySEC), CIF license number 272/15Financial Conduct Authority (FCA)
Founded20151995
CountryCyprusUK
Clients5,000+10,000+

Fees

Fees are a critical factor when choosing between ForexTB and Interactive Investor, directly affecting your bottom line as a trader. Interactive Investor has a lower barrier to entry with a minimum deposit of $1 (vs $250 at ForexTB). Neither broker charges withdrawal fees. Interactive Investor applies inactivity fees on dormant accounts; ForexTB does not. Overall, Interactive Investor scores higher on fees in our assessment.

Interactive Investor wins this category
FeatureForexTBInteractive Investor
Min. Deposit$250$1
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

ForexTB offers MT4, MT5, cTrader, while Interactive Investor supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Interactive Investor supports social and copy trading features, which ForexTB does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureForexTBInteractive Investor
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsWeb Trader, ProTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how ForexTB and Interactive Investor compare. ForexTB runs regular live webinars; Interactive Investor does not. Both provide video tutorials. ForexTB publishes daily market commentary; Interactive Investor does not. Both integrate third-party research tools. ForexTB maintains an archive of past webinars for on-demand viewing. ForexTB scores higher overall in education and research.

ForexTB wins this category
FeatureForexTBInteractive Investor
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ForexTB accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Interactive Investor supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureForexTBInteractive Investor
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexTB and Interactive Investor offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.

Tied
FeatureForexTBInteractive Investor
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese