Updated September 29, 2026 · BrokerCue Editorial Team
Interactive Brokers vs Nexo
Interactive Brokers vs Nexo: the differences
| Compare |  Interactive Brokers |  Nexo |
|---|---|---|
| Minimum deposit | $0Lower | $5,000 |
| Markets | Bonds, ETFs, Forex, Funds, Futures, Options, Stocks | Crypto, Futures |
| Regulators | SEC, FCA, SIPC | Department of Financial Protection and Innovation, National Securities Commission (CNV) of the Argentine Republic, Companies Registry, Ministry of Finance, Financial Services Authority Seychelles |
| Margin rate | 4.38% | 1.9%Lower |
| Platforms | Client Portal, IBKR Desktop, IBKR Mobile, Trader Workstation | Web platform, Mobile app |
| Account types | ISA, SIPP, IRA, Joint, CorporateCovers more | Corporate |
| Interest on cash | 3.38% | 13%Higher |
| Stock trade fee | $0 | Not confirmed |
| Options contract fee | $0.65 | Not confirmed |
| Maximum retail leverage | Not confirmed | 100x |
Same on both: Investor protection (SIPC up to USD 500,000).
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Key differences
- Interactive Brokers scores higher overall: 9.6 vs 9.0.
- Regulators: only Interactive Brokers offers SEC, FCA, SIPC.
- Regulators: only Nexo offers Department of Financial Protection and Innovation, National Securities Commission (CNV) of the Argentine Republic, Companies Registry.
- Nexo is licensed in 3 more countries.
- Minimum deposit is lower at Interactive Brokers: $0 vs $5,000.
- Margin rate is lower at Nexo: 1.9% vs 4.38%.
- Markets: only Interactive Brokers offers Bonds, ETFs, Forex.
- Markets: only Nexo offers Crypto.
- Platforms: only Interactive Brokers offers Client Portal, IBKR Desktop, IBKR Mobile.
- Platforms: only Nexo offers Web platform, Mobile app.
Our verdict on each
Interactive Brokers
Interactive Brokers suits investors who want a single account across ISA, SIPP, IRA, joint and corporate holdings, with stocks, bonds, funds, forex, options and futures behind it. It ranks 1 of 213 brands on minimum deposit at $0, and stock trades are charged at $0.
Nexo
Nexo suits corporate account holders who want crypto plus futures trading on web and mobile platforms with margin borrowing available. You should weigh minimum funding of $5,000 and margin rate of 1.9% against demo access and limited market breadth before you commit capital.
Score breakdown
| Area | Interactive Brokers | Nexo |
|---|---|---|
| Cost | 9.3HigherStock trades cost $0, the minimum deposit is $0 and an options contract costs $0.65. | 9.0Margin borrowing priced with margin rate of 1.9% supports cost view. |
| Offer | 9.6HigherAccount types cover isa, sipp and ira, and the market list spans bonds, etfs and forex. | 8.9Offer centres on markets of crypto and futures via platforms of Web platform and Mobile app. |
| Trust | 9.8Higher | 9.0Trust reflects cover of SIPC up to USD 500,000. |
Licences and countries
| Country | Interactive Brokers | Nexo |
|---|---|---|
| United States | SIPC SIPC member 53615 | Department of Financial Protection and Innovation 60DBO-109416 |
| Argentina | Not confirmed | |
| Hong Kong | Not confirmed | Companies Registry TC007556 |
| Poland | Not confirmed | Ministry of Finance RDWW-533 |
| Seychelles | Not confirmed | |
| United Kingdom | FCA 208159 | Not confirmed |
How they place
| Ranking | Interactive Brokers | Nexo |
|---|---|---|
| Futures trading platforms | 8 of 83 | 1 of 83 |
| Margin trading brokers | 4 of 22 | 1 of 22 |
Pick Interactive Brokers if, pick Nexo if
Pick Interactive Brokers if cost, offer, trust, minimum deposit, and account types matter most.
Pick Nexo if margin rate and interest on cash matter most.
What we checked
Interactive Brokers
- interactivebrokers.com: 9 facts, checked September 26, 2026
- brokersway.com: 2 facts, checked September 26, 2026
- toponlineforexbrokers.com: 2 facts, checked September 26, 2026
- euinvestinghub.com: 1 fact, checked September 26, 2026
- eupersonalfinance.eu: 1 fact, checked September 26, 2026
Nexo
- nexo.com: 9 facts, checked September 29, 2026
- portal.dfpi.ca.gov: 2 facts, checked September 29, 2026
Every fact side by side
| Fact | Interactive Brokers | Nexo |
|---|---|---|
| Features | Fractional shares, Mobile app | Crypto, Demo account, Mobile app |
| Pricing model | Commission free, Low feesCovers more | Low fees |
| Legal entity | INTERACTIVE BROKERS LLC | Not confirmed |
| Headquarters | United States | Not confirmed |
| Founded | 1978 | Not confirmed |
| Support channels | Help centre, Community | Not confirmed |
Robo-advisors
| Fact | Interactive Brokers | Nexo |
|---|---|---|
| Portfolio types | ETF | Not confirmed |
Where each stands against the rest
| Fact | Interactive Brokers | Nexo | Median |
|---|---|---|---|
| Minimum deposit | $0below the median | $5,000highest quarter | $10 |
| Stock trade fee | $0at the median | Not confirmed | $0 |
| Margin rate | 4.38%below the median | 1.9%lowest quarter | 8.79% |
| Options contract fee | $0.65above the median | Not confirmed | $0.59 |
| Interest on cash | 3.38%above the median | 13%highest quarter | 3% |
Median across 99 listed brokers.
Pros and cons
Interactive Brokers
Pros
- A stock trade costs $0 and the minimum deposit is $0, the pairing behind rank 1 of 161 on stock trade fees among the brokers tracked here.
- The account types listed cover isa, sipp and ira, so an ISA, SIPP, IRA, joint or corporate account all sit under a single provider.
- bonds, etfs and forex puts stocks, ETFs, bonds, funds, forex, options and futures on the same account, with a margin rate of 4.38% for geared positions.
Cons
- Support runs on help centre and community, so a phone line and live chat sit outside the offer.
- bonds, etfs and forex covers shares, ETFs, bonds, funds, forex, options and futures but leaves out crypto and CFDs, which eToro lists in stocks, etfs and forex.
- An options contract costs $0.65 against a stock trade at $0, so options strategies pay a visible premium per contract.
Nexo
Pros
- Crypto and futures coverage in crypto and futures suits focused digital asset traders rather than general equity investors.
- Corporate access through corporate suits entities that need business onboarding rather than personal accounts.
- Margin access with margin rate of 1.9% gives clear borrowing pricing for planned leveraged use.
Cons
- Entry funding of $5,000 is high beside $50 at eToro and $1 at Kraken, which limits casual access.
- Market breadth is narrow at crypto and futures, with crypto and futures focus and no stocks or funds breadth for diversification.
- Support runs on chat, email and help centre only, which may deter you if you prefer phone help available elsewhere.
Who each suits
Interactive Brokers
Who it suits
- Investors holding money across several wrappers, since the account types listed cover isa, sipp and ira.
- Traders who want options, futures, forex and bonds alongside shares on a single account, per bonds, etfs and forex.
- Anyone starting with a small balance: the minimum deposit is $0 and fractional shares appear in the feature list (fractional shares and mobile app).
Who should look elsewhere
- Anyone who trades crypto or CFDs, since bonds, etfs and forex leaves both out while eToro lists them in stocks, etfs and forex.
- Readers who want a stated entry figure as a signal of the provider's target size, since Vantage publishes $5 where this broker's minimum is $0.
Nexo
Who it suits
- Corporate desks that accept $5,000 and prefer Nexo focus over eToro retail breadth
- Crypto futures users who value Web platform and Mobile app and prefer Nexo margin clarity over Kraken entry level simplicity
- Entity clients comfortable with chat, email and help centre who prefer Nexo structure over NAGA retail positioning
Who should look elsewhere
- Traders seeking low entry balances who prefer eToro because $50 is below $5,000
- Crypto beginners wanting simple retail onboarding who prefer Kraken because $1 is below $5,000
Questions about each
Interactive Brokers
What does it cost to trade shares?+
A stock trade is charged at $0 and the minimum deposit is $0, so opening an account and dealing in shares carry no charge. The money sits in derivatives and leverage instead, where an options contract costs $0.65 and the margin rate is listed at 4.38%.
Is my money protected?+
The regulatory list runs to SEC, FCA and SIPC, and investor protection is stated as SIPC up to USD 500,000. The UK entry is the FCA under licence 208159, while the US side names the SEC and the SIPC membership SIPC member 53615. The protection figure describes the scheme stated for the account and says nothing about how a trade performs.
Nexo
What can you trade with Nexo?+
Nexo focuses on markets of crypto and futures, which means crypto and futures activity rather than broad equities or funds. Access is through platforms of Web platform and Mobile app, giving web based management plus mobile use for monitoring. You should confirm that this limited scope matches your plan before you apply.
How much do you need to open a Nexo account?+
Nexo lists minimum deposit of $5,000 and account choice of corporate, so access is framed around corporate funding. You should prepare qualifying funds and corporate documentation before you start. This structure suits entities rather than individuals seeking small retail balances.
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