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Head to head

Interactive Brokers vs OneRoyal

Interactive Brokers is licensed by CFTC / NFA in the United States; CIRO in Canada; FCA in the United Kingdom; Central Bank of Ireland in the European Union; ASIC in Australia; MAS in Singapore and DFSA in Dubai (DIFC), UAE. OneRoyal is licensed by CySEC in the European Union and ASIC in Australia, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $0 at Interactive Brokers and $5 at OneRoyal. Only OneRoyal offers negative balance protection. Both offer segregated client money.

Facts last checked: Interactive Brokers on 20 October 2026, OneRoyal on 20 October 2026.

Interactive Brokers profileOneRoyal profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
Interactive BrokersStrictly regulatedRead the profile
OneRoyalStrictly regulatedRead the profile
Comparing
Interactive BrokersUnited States
OneRoyalEuropean Union

Overview

Founded
Not yet checked
2006
Headquarters
Greenwich, Connecticut, United States
Not yet checked
Official websites
  • interactivebrokers.com
  • interactivebrokers.co.uk
  • interactivebrokers.ie
  • interactivebrokers.com.au
  • interactivebrokers.ca
  • interactivebrokers.com.sg
  • ibkr.com
  • oneroyal.com
  • oneroyal.eu
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Interactive Brokers LLC
Royal Financial Trading (Cy) Ltd
Regulator
CFTC / NFA
United States
CySEC
European Union
Regulation level
Strictly regulated
Strictly regulated
Licence number
NFA ID 0258600 (futures commission merchant)
Check the register
312/16
Check the register
Clients this company serves
US residents; also clears and carries many accounts opened through the UK company
EU and EEA clients, through oneroyal.eu
All licences held
  • CFTC / NFA (United States)
  • CIRO (Canada)
  • FCA (United Kingdom)
  • Central Bank of Ireland (European Union)
  • ASIC (Australia)
  • MAS (Singapore)
  • DFSA (Dubai (DIFC), UAE)
  • CySEC (European Union)
  • ASIC (Australia)
  • VFSC (Vanuatu (international clients))
Segregated client money
Yes
Yes
Negative balance protection
No
Yes
Compensation scheme
SIPC (US, securities only); FSCS in limited circumstances (UK); Irish Investor Compensation Scheme (Ireland); CIPF (Canada)
Investor Compensation Fund (Cyprus) for clients of the CySEC company only; Financial Commission membership (private dispute body, up to €20,000 per client) for international clients

Costs

Your monthly cost
No accounts listed
No accounts listed
Cost per lot (EUR/USD)
No accounts listed
No accounts listed
Spread from
No accounts listed
No accounts listed
Typical EUR/USD spread
No accounts listed
No accounts listed
Commission per lot (round turn)
No accounts listed
No accounts listed
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Not yet checked
Yes

Leverage and margin

Maximum retail leverage
1:30 on major pairs for CFDs (UK, EU, Australia)
Up to 1:1000 on oneroyal.com accounts; EU rules cap retail leverage at 1:30 on oneroyal.eu
Retail leverage by asset class
  • Major currency pair CFDs: 1:30
  • Non-major currency pair: 1:20
  • Share CFDs: 1:5
  • All accounts (oneroyal.com): Up to 1:1000
  • Major currency pairs (oneroyal.eu, EU rules): 1:30
Margin call level
Not yet checked
Not yet checked
Stop-out level
Not yet checked
20%

Account

Minimum deposit (this account)
No accounts listed
No accounts listed
Base currencies
No accounts listed
No accounts listed
Execution
No accounts listed
No accounts listed

Platforms and features

Platforms
  • Trader Workstation (TWS)
  • IBKR Desktop
  • Client Portal
  • IBKR Mobile
  • IBKR APIs
  • MetaTrader 4
  • MetaTrader 5
  • MultiTerminal
  • Copy trading
  • PAMM
Markets
Spot forex, plus forex, index, metal and share CFDs (CFDs not offered to US or Canadian residents)
Forex, metals, shares, indices, energies, ETFs and cryptocurrency CFDs
Demo account
Yes
Yes
Copy trading
Not yet checked
Yes
Expert advisors (automated trading)
Not yet checked
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Bank transfer
  • Debit or credit card
  • Bank wire
  • Skrill
  • Neteller
  • Cryptocurrency
  • Local payment methods
Withdrawal fee
Not yet checked
No OneRoyal fee, but fees apply if you traded less than 2 lots since your last deposit; up to 3% for currency conversion
Inactivity fee
None
Not yet checked

Support

Customer support
Phone, chat and secure message support, by region
Round-the-clock contact via live chat, email and phone

Our notes

Strengths
  • Licensed in the US, Canada, UK, Ireland, Australia and Singapore, all strict regulators
  • Spot forex priced at the quoted interbank spread plus a published commission (0.20 basis points of trade value at the first tier)
  • No account minimum and no inactivity fee
  • Royal Financial Trading (Cy) Ltd holds CySEC licence 312/16, confirmed on the CySEC register, for EU clients
  • Says client money is held in segregated client accounts, and lists negative balance protection on every account
  • Low entry point ($5) with published commissions on ECN and Prime accounts
  • Publishes a list of clone websites that use its name
Watch out for
  • Spot forex commission has a minimum of USD 2.00 per order, so very small trades cost more in percentage terms.
  • UK accounts are cleared and carried by Interactive Brokers LLC in the US for most products; IBKR says products are only covered by the UK FSCS in limited circumstances.
  • Margin accounts can go negative; IBKR's own disclosures say losses may exceed your original investment
  • IBKR also names companies in Hong Kong, Japan and India; we did not confirm those licences on 2026-10-20 and this profile does not cover them.
  • International clients of oneroyal.com sign with Royal ETP LLC (St Vincent) or Royal CM Limited (Vanuatu), both offshore; St Vincent registration is not a licence
  • The ASIC licence (AFSL 420268) covers wholesale clients only
  • Leverage up to 1:1000 and deposit bonuses on oneroyal.com
  • Withdrawal fees apply if you have traded less than 2 lots since your last deposit

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • Interactive Brokers: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58.9% of retail investor accounts lose money when trading CFDs with IBKR. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • OneRoyal: Online trading in leveraged Foreign Exchange and CFD instruments carries a high level of risk and may not be suitable for all investors. Leveraged trading can result in significant losses as well as potential profits. Before deciding to invest in margin instruments, carefully consider your investment objectives, level of experience, and risk appetite. You should not risk more than you can afford to lose. Always ensure you understand the risks involved and seek independent financial advice if necessary.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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