IG
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79% of retail CFD accounts lose money.

Vs.

Coinbase
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Investing in cryptocurrencies involves risk.

IG Vs. Coinbase - Compare and Choose the Right One

Updated Nov 23 2022

Visit

79% of retail CFD accounts lose money.

Visit

Investing in cryptocurrencies involves risk.

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.

Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies.

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
  • Inexperienced cryptocurrency investors
  • Long term cryptocurrency holders
  • Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide
  • Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

7

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Unregulated

Top-tier Licenses

0

Other Licenses

0

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)

None

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
  • Extremely simple and friendly interfaces
  • Moderate variety of cryptocurrencies
  • Independent wallet application
  • Option to choose from standard Coinbase or Coinbase Pro
  • Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies
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
  • Extremely high fees for cryptocurrency transactions (especially on standard app)
  • Low variety of cryptocurrencies to trade when compared to leading exchanges
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 2012
💳 Minimum Deposit Range
From 0 to $300. 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfers
  • Paypal
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD. All supported cryptocurrencies.
🗽 Available to U.S Citizens
Yes Yes
❌ Restricted Countries

SY, IR.

None
📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No Yes
Assets
📚 Assets Type
Hybrid Equities
Total Asset Offering
24,357 110
Exchange Access
8 0
📙 Real Stocks
10,000 0
📙 Stock CFDs
10,000 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
210 0
📗 Commodities
0 0
📗 Commodities CFDs
37 0
📕 Indices
0 0
📕 Indices CFDs
76 0
📔 ETFs
2,000 0
📔 ETFs CFDs
2,000 0
💸 Cryptocurrencies
0 110
💸 Cryptocurrency CFDs
15 0
📒 Bonds
0 0
📒 Bonds CFDs
19 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share Unavailable
📉 Minimum ETFs Trade Size
1 ETF Unavailable
📈 Minimum Crypto Trade Size
0.01 Contracts $2
📉 Minimum FX Trade Size
1 Contract Unavailable
📈 Minimum Commodities Trade Size
1 Contract Unavailable
📉 Minimum Bonds Trade Size
1 Contract Unavailable
📈 Minimum Futures Trade Size
1 Contract Unavailable
📉 Minimum Options Trade Size
1 Contract Unavailable
💪 Retail Leverage
30 Unavailable
💪 Professional Leverage
500 Unavailable
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 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
No No
Fees
💰 Inactivity Fee

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

None
💰 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.

From 0.50% up to 2.0% of transaction value.

Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips Unavailable
📉 SP500
Dynamic - From 150 Pips Unavailable
📈 GOLD
Dynamic - From 50 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $1.03 Unavailable
📈 XLK (ETF - CFD)
Dynamic - From 0 Pips Unavailable
📉 BTC
Dynamic - From $1.03 Dynamic - From 0.50% up to 2.0%
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
No Yes
📡 Account Management
No No
📡 Webinars
Yes No