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GBM vs Interactive Brokers: fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only GBM lists Mexican Stock Exchange (BMV).
Only Interactive Brokers lists Toronto Stock Exchange, B3 (Brasil Bolsa Balcão), London Stock Exchange, Xetra (Deutsche Börse), Euronext, Saudi Exchange (Tadawul), Abu Dhabi Securities Exchange (ADX), Dubai Financial Market (DFM), and Hong Kong Exchanges (HKEX).
Only GBM is licensed by CNBV.
Only Interactive Brokers is licensed by SEC, CIRO, FCA, CBI, ASIC, SFC, SEBI, Kanto LFB, and MAS.
Only GBM supports SPEI for deposits and withdrawals.
Only Interactive Brokers supports Bank transfer for deposits and withdrawals.

Criterion	GBM	Interactive Brokers
Rating	4.6/5 on other platforms 17.4K ratings	4.5/5 on other platforms 118.8K ratings
Regulators	CNBV	SEC, CIRO, FCA, CBI, ASIC, SFC, SEBI, Kanto LFB, MAS
Minimum deposit	MX$100	No minimum
Markets	Mexican Stock Exchange (BMV), US exchanges (NYSE, Nasdaq)	US exchanges (NYSE, Nasdaq), Toronto Stock Exchange, B3 (Brasil Bolsa Balcão), London Stock Exchange, Xetra (Deutsche Börse) +5
Products	stocks, ETFs, fractional shares, bonds, funds	stocks, ETFs, fractional shares, bonds, options, funds
US stock or ETF order	0.25% of the order	$0.005 per share, minimum $1
Deposits and withdrawals	SPEI	Bank transfer, SPEI
Founded	1985	—
Headquarters	Mexico	United States
Currency conversion fee	—	0.03%
Investor protection	—	SIPC, Irish Investor Compensation Scheme (ICS), Canadian Investor Protection Fund (CIPF)
Available only in	—	Åland Islands, Albania, Algeria, American Samoa, Andorra, Angola +216
	Read review	Read review

What is the minimum deposit at GBM and Interactive Brokers?

GBM: MX$100. Interactive Brokers: $0.

Which regulators license GBM and Interactive Brokers?

GBM is licensed by CNBV; Interactive Brokers by SEC, CIRO, FCA, CBI, ASIC, SFC, SEBI, Kanto LFB, and MAS.