Updated Oct 13 2023
Visit 79% of retail CFD accounts lose money. |
Visit 77.88% of retail CFD accounts lose money. |
Overview | |
IG is a global broker established in 1974 that holds 8 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. |
Alvexo is a Cypriot broker founded and regulated in 2014 that specialises in CFDs trading via MT4 and their proprietary trading platform. As of August 3rd 2022, Alvexo's CySec license is partially suspended making them unavailable in French territory. |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 8 Other Licenses 2 Provided by |
Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1974 | 2014 |
💳 Minimum Deposit Range | |
From $10 to $450. | 500 |
💰 Payment Methods | |
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💵 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, CA, SY, IR. |
📊 STP Account | |
No | No |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
Yes | No |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
Hybrid | CFDs |
Total Asset Offering | |
35,227 | 443 |
Exchange Access | |
8 | 0 |
📙 Real Stocks | |
15,000 | 0 |
📙 Stock CFDs | |
15,000 | 337 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
80 | 54 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
37 | 13 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
76 | 15 |
📔 ETFs | |
2,000 | 0 |
📔 ETFs CFDs | |
2,000 | 0 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
15 | 22 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
19 | 2 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
1,000 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
0 | 0 | Trading Experience |
📈 Minimum Stock Trade Size | |
1/10 of Contract (5,000 Notional) | 1 Share |
📉 Minimum ETFs Trade Size | |
1/10 of Contract (5,000 Notional) | Unavailable |
📈 Minimum Crypto Trade Size | |
0.01 Contracts | $1,000 (0.01 Lots) |
📉 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 | 1 Bond |
📈 Minimum Futures Trade Size | |
1 Contract | Unavailable |
📉 Minimum Options Trade Size | |
1 Contract | Unavailable |
💪 Retail Leverage | |
30 | 30 |
💪 Professional Leverage | |
250 | 300 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | No |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | No |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
Yes | No |
🔨 Trailing Stop-loss | |
Yes | No | Fees |
💰 Inactivity Fee | |
After 24 months of inactivity, IG charges an $18 monthly fee. |
$10 monthly after 3 months of inactivity. |
💰 Deposit Fees | |
None | None |
💰 Withdrawal Fees | |
None | None |
💰 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. |
None | Spreads |
📈 EUR/USD | |
Dynamic - From 0.6 Pips | From 2.9 Pips to 14 Pips |
📉 SP500 | |
Dynamic - From 40 Pips | From 175 Pips to 100 Pips |
📈 GOLD | |
Dynamic - From 30 Pips | From 90 to 50 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | From $1.91 to $1.41 |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Unavailable |
📉 BTC | |
Dynamic - From $90 | From $192.21 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | No |
📡 Educational Content | |
Yes | Yes |
📡 Live Chat Support | |
Yes | Yes |
📡 Video Tutorials | |
No | Yes |
📡 Account Management | |
No | Yes |
📡 Webinars | |
Yes | Yes |