AAATrade Vs. IG - Compare and Choose the Right One

AAATrade is a Cyprus based broker established in 2013, that offers a variety of financial instruments including contracts for difference (CFDs), forex, stock, commodities, cryptocurrencies and others.

IG is a global broker established in 1974 that holds 10 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.

• Beginner traders looking for a simple web and mobile platform to get started
• Passive investors looking for real equity

• Professional traders looking to exploit their customisable platform and broad asset offering
• High volume traders that can offset their commission costs by trading in larger volumes

• Simple and friendly proprietary trading platform
• Intuitive overview of account analytics
• Wide variety of CFDs and real equities

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• Above-average FX spreads
• High fees (depending on the deposit / withdrawal methods)
• High deposit requirements for advanced services ($25,000 , $100,000)

• There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc
• Their standard contracts can be too large some times for low volume traders

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards.

10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks

Several contracts in commodities and indices with various expiration dates.

Almost all assets are CFDs, except for 45 blue chip stocks

IG provides both CFD trading and real equity. US traders cannot trade CFDs.

0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins)

1 Contract (IG Provides a standard contract containing a particular quantity of an asset, for example, 1 EUR / USD standard contract has 10,000 units)

Yes, €15 after 3 months of inactivity.

After 24 months of inactivity, IG charges an $18 monthly fee.

Yes, from 0.2% for cryptocurrency, credit and debit cards up to 5% for alternative payments. Direct wire transfers have a fee of €10.

No for debit/credit card and e-payment. Wire transfer has a €10 fee.

• No commissions on novice accounts.
• Commission free trading for stock ETFs on Experienced accounts
• FX commissions are $4-$8 per lot depending whether the pair is major, minor or exotic.

Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.