Direct access to interbank forex quotes, no hidden price spreads, no markups, just transparent low commissions1

We deliver price quotes in 1/10 of a PIP. Interactive Brokers' forex vendors provide 70%2 of global market share.

Our tight spreads and substantial liquidity are a result of combining quotation streams from 14 of the world's largest foreign exchange dealers which constitute more than 70%2 of the market share in the global interbank market. This results in displayed quotes as small as 1/10 of a PIP.

  • Direct Access to Interbank Quotes
    No hidden price spreading, no markup, no kickbacks. Just the combination of real time prices from 14 of the world's largest FX dealing banks plus a transparent, low commission that avoids the conflict of interest of FX platforms which deal for their own account.
  • ECN-Like Market Structure
    Our order book allows you to set orders away from or between the markets, and trade with other IB clients4 as well as with the liquidity-providing banks.
  • Currency Conversion and Cash Forex
    IB offers the ability to convert currencies and/or trade currencies with leverage. All IB accounts have Currency Conversion, which let you convert one currency to another without using leverage. Cash Forex, which is available to qualified customers and requires additional trading permissions, lets you trade Forex on a leveraged basis.
  • Multi-Asset Display
    Trade forex cash (spot) side by side on the same system, even the same window, with forex futures, fx options, and other asset classes such as stocks, bonds, and futures.
  • Automatic Overnight Position Rolls
    Automatic overnight position rolls (tom/next swaps) for large positions. There is no commission or other charge for this service. As with our spot dealing, roll prices are direct best quotes from our interbank partners.
  • 22 Trading Currencies
    Including USD, AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RUB, SEK, SGD, ZAR and KRW (with special conversion functionality).
  • FX Trader
    Trade Forex markets in our optimized FXTrader, which includes real-time streaming quotes, up and down indicators, trading volumes, pending trades, executions, positions, and average price plus P&L.
  • Safe and Secure
    Interactive Brokers Group and its sister affiliates hold over USD $5 billion in equity capital.
  • Low commissions
    0.08 to 0.20 basis points * Trade Size.1
  • Large-Size Order Facility 3
    Request for Quote (RFQ) large-sized aggregated quotes specific to the order quantity entered in order to obtain the best execution possible and also limit the market impact.

Data provided by, includes the impact of any commissions.

Percentage of profitable and unprofitable accounts as reported to the NFA - Q1 2016
% Profit % Loss Total Accounts Spread Markups
Interactive Brokers 44.0% 56.0% 32,371 NO
OANDA 34.5% 65.5% 20,305 YES
Gain Capital 29.0% 71.0% 14,308 YES
IBFX/TradeStation 27.1% 72.9% 1,798 YES
FXCM 28.0% 72.0% 25,234 YES

There is a substantial risk of loss in foreign exchange trading. Past performance is not necessarily indicative of future results.

  1. Commission Tier based on monthly volumes, minimum commission is USD 2.00 (or currency equivalent) per trade.
  2. Source: Euromoney FX survey FX Poll 2016: The Euromoney FX survey is the largest global poll of foreign exchange service providers.
  3. Please contact Client Services or your IB Sales Representative to see if you qualify for the Large-Size Order Facility (generally orders over 7M USD or equivalent).
  4. Certain Institutional clients operate in a market-making and/or liquidity providing capacity within IB's forex platform. These clients may have individualized configurations, technical facilities, and/or market data feeds customized to their restricted quoting and market-making functionality. Please contact Customer Service or your IB Sales Representative for more information.