Plain-English forex education. No hype, no signals.فارسی
BrokerCutForex Academy

Head to head

Interactive Brokers vs Opofinance

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. Opofinance holds only an offshore registration (International). 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 $100 at Opofinance. Neither offers negative balance protection. Both offer segregated client money.

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

Interactive Brokers profileOpofinance 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
OpofinanceOffshore registration onlyRead the profile
Comparing
Interactive BrokersUnited States
OpofinanceInternational

Overview

Founded
Not yet checked
Not yet checked
Headquarters
Greenwich, Connecticut, United States
Kingstown, St Vincent and the Grenadines (group companies in Seychelles, Australia and South Africa)
Official websites
  • interactivebrokers.com
  • interactivebrokers.co.uk
  • interactivebrokers.ie
  • interactivebrokers.com.au
  • interactivebrokers.ca
  • interactivebrokers.com.sg
  • ibkr.com
  • opofinance.com
  • opoforex.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Interactive Brokers LLC
Opo Group Ltd
Regulator
CFTC / NFA
United States
FSA Seychelles
International
Regulation level
Strictly regulated
Offshore registration only
Licence number
NFA ID 0258600 (futures commission merchant)
Check the register
SD124 (Securities Dealer)
Check the register
Clients this company serves
US residents; also clears and carries many accounts opened through the UK company
Opofinance says clients onboarded under this company use cTrader and TradingView accounts
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)
  • FSA Seychelles (International)
Segregated client money
Yes
Yes
Negative balance protection
No
No
Compensation scheme
SIPC (US, securities only); FSCS in limited circumstances (UK); Irish Investor Compensation Scheme (Ireland); CIPF (Canada)
Membership of The Financial Commission (Opo Group LLC), a private dispute body with cover of up to €20,000 per case; no government scheme

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 1:2000
Retail leverage by asset class
  • Major currency pair CFDs: 1:30
  • Non-major currency pair: 1:20
  • Share CFDs: 1:5
Not yet checked
Margin call level
Not yet checked
80%
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
  • cTrader
  • TradingView
  • OpoTrade
Markets
Spot forex, plus forex, index, metal and share CFDs (CFDs not offered to US or Canadian residents)
About 1,150 CFDs on forex, metals, commodities, indices, shares and cryptocurrencies
Demo account
Yes
Not yet checked
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
  • Visa and Mastercard
  • USDT (TRC20)
  • Other cryptocurrencies
  • Volet
  • Top Change
Withdrawal fee
Not yet checked
$3–6 for crypto, 2% (minimum $1) for Volet; card deposits cost 2.5% (minimum $1)
Inactivity fee
None
Not yet checked

Support

Customer support
Phone, chat and secure message support, by region
24/7 AI support agent and support@opofinance.com

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
  • Sister company Opo Group Ltd is listed by the FSA Seychelles as a securities dealer
  • The client agreement says client money is held in segregated accounts
  • Five platforms, including MT4, MT5, cTrader and TradingView
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.
  • The published client agreement is with Opo Group LLC in St Vincent, which is a company registration, not a securities licence
  • The ASIC licence only allows general advice; it does not license the trading accounts
  • Says OPO Finance (Pty) Ltd is authorised by the FSCA (licence 54594); we could not confirm it on the FSCA register on 2026-10-20 (the register could not be reached).
  • Its risk warning says you can lose more than your deposit, and we found no negative balance protection; leverage goes up to 1:2000

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.
  • Opofinance: Trading involves a high level of risk and may not be suitable for all traders or investors. You should carefully consider your trading goals or objectives, financial situations, level of experience and needs before entering into margin trading with Opofinance. There is a risk of losing substantially more than the investor’s initial investment. Hence, we advise you to only trade the products if you fully understand the risks involved, and can afford them.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

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.

BrokerCut on Telegram

Get the latest forex news and market analysis.

Join the channel