IG
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79% of retail CFD accounts lose money.

Vs.

AAATrade
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69.23% of retail CFD accounts lose money.

IG Vs. AAATrade - Compare and Choose the Right One

Updated Nov 23 2022

Visit

79% of retail CFD accounts lose money.

Visit

69.23% of retail CFD accounts lose money.

Overview

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.

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.

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

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

7

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (UK)
  • NFA (United States)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Broad platform offering with high customisability and integrated news feeds
  • Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs
  • Simple and friendly proprietary trading platform
  • Intuitive overview of account analytics
  • Wide variety of CFDs and real equities
The Bad
  • 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
  • Above-average FX spreads
  • High fees (depending on the deposit / withdrawal methods)
  • High deposit requirements for advanced services ($25,000 , $100,000)
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • 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.

📍 Year Founded
1974 2013
💳 Minimum Deposit Range
From 0 to $300. $500
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Credit Card
  • Debit Card
  • Wire Transfer
  • Skrill
  • Neteller
  • FasaPay
  • UnionPay
  • Giropay
  • QIWI
  • Cryptocurrencies
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD. 3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries

SY, IR.

US, AS, AI, BB, FJ, GU, PW, PA, WS, SC, TT, VU, AL, BS, BW, KH, GH, JM, MU, MM, NI, PK, UG, SY, YE, ZW, IR, KR, AF, IQ, MN.

📊 STP Account
No Yes
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid CFDs
Total Asset Offering
24,357 2,162
Exchange Access
8 25
📙 Real Stocks
10,000 1,000
📙 Stock CFDs
10,000 1,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
210 80
📗 Commodities
0 0
📗 Commodities CFDs
37 4
📕 Indices
0 0
📕 Indices CFDs
76 12
📔 ETFs
2,000 0
📔 ETFs CFDs
2,000 5
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
15 50
📒 Bonds
0 0
📒 Bonds CFDs
19 4
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 7
Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 share
📉 Minimum ETFs Trade Size
1 ETF 1 ETF
📈 Minimum Crypto Trade Size
0.01 Contracts Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
1 Contract $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
1 Contract $1,000 (0.01 lots)
📉 Minimum Bonds Trade Size
1 Contract 100 units
📈 Minimum Futures Trade Size
1 Contract $1,000 (0.01 lots)
📉 Minimum Options Trade Size
1 Contract Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee

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

€15 after 3 months of inactivity.

💰 Deposit Fees
None

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

💰 Withdrawal Fees
None

Wire transfers have a €10 fee.

💰 Commissions

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.

  • 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.
Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips Dynamic - From 2 Pips
📉 SP500
Dynamic - From 150 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 50 Pips Dynamic - From 95 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.03 Dynamic - From $0.21
📈 XLK (ETF - CFD)
Dynamic - From 0 Pips Dynamic - From $0.01
📉 BTC
Dynamic - From $1.03 Dynamic - From $511
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
No Yes
📡 Webinars
Yes No