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Interactive Brokers vs Sarwa: 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

Interactive Brokers has the lower minimum deposit: $0, against $500.
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 Interactive Brokers is licensed by SEC, CIRO, FCA, CBI, ASIC, SFC, SEBI, Kanto LFB, and MAS.
Only Sarwa is licensed by FSRA (ADGM).

Criterion	Interactive Brokers	Sarwa
Rating	4.5/5 on other platforms 118.8K ratings	4.6/5 on other platforms 5.3K ratings
Regulators	SEC, CIRO, FCA, CBI, ASIC, SFC, SEBI, Kanto LFB, MAS	FSRA (ADGM)
Minimum deposit	No minimum	$500
Markets	US exchanges (NYSE, Nasdaq), Toronto Stock Exchange, B3 (Brasil Bolsa Balcão), London Stock Exchange, Xetra (Deutsche Börse) +5	US exchanges (NYSE, Nasdaq)
Products	stocks, ETFs, fractional shares, bonds, options, funds	stocks, ETFs, fractional shares
US stock or ETF order	$0.005 per share, minimum $1	0.25% of the order, minimum $1
Currency conversion fee	0.03%	—
Investor protection	SIPC, Irish Investor Compensation Scheme (ICS), Canadian Investor Protection Fund (CIPF)	—
Deposits and withdrawals	Bank transfer, SPEI	Bank transfer
Available only in	Åland Islands, Albania, Algeria, American Samoa, Andorra, Angola +216	—
Headquarters	United States	—
	Read review	Read review

What is the minimum deposit at Interactive Brokers and Sarwa?

Interactive Brokers: $0. Sarwa: $500.

Which regulators license Interactive Brokers and Sarwa?

Interactive Brokers is licensed by SEC, CIRO, FCA, CBI, ASIC, SFC, SEBI, Kanto LFB, and MAS; Sarwa by FSRA (ADGM).