Updated Oct 13 2023
Visit 79% of retail CFD accounts lose money. |
Visit 67.6% 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. |
Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies. |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 8 Other Licenses 2 Provided by |
Financial Regulation Regulated Top-tier Licenses 4 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 | 2001 |
💳 Minimum Deposit Range | |
From $10 to $450. | $100 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
6 - AUD, EUR, GBP, HKD, SGD, USD. | 6 - GBP, USD, EUR, AUD, JPY, CHF. |
🗽 Available to U.S Citizens | |
Yes | Yes |
❌ Restricted Countries | |
SY, IR. |
None |
📊 STP Account | |
No | Yes |
📊 DMA Account | |
Yes | Yes |
📊 ECN Account | |
Yes | Yes |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
Hybrid | CFDs |
Total Asset Offering | |
35,227 | 5,371 |
Exchange Access | |
8 | 0 |
📙 Real Stocks | |
15,000 | 0 |
📙 Stock CFDs | |
15,000 | 4,500 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
80 | 93 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
37 | 35 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
76 | 24 |
📔 ETFs | |
2,000 | 0 |
📔 ETFs CFDs | |
2,000 | 700 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
15 | 5 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
19 | 14 |
📓 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) | Varies per share (eg: 0.3 AMZN shares) |
📉 Minimum ETFs Trade Size | |
1/10 of Contract (5,000 Notional) | Varies per ETF (eg: 5 contracts of XLK) |
📈 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 | Varies per commodity (eg: 1 contract of Gold) |
📉 Minimum Bonds Trade Size | |
1 Contract | Unavailable |
📈 Minimum Futures Trade Size | |
1 Contract | Unavailable |
📉 Minimum Options Trade Size | |
1 Contract | Unavailable |
💪 Retail Leverage | |
30 | 30 |
💪 Professional Leverage | |
250 | 500 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | Yes |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | Yes |
💻 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 | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
After 24 months of inactivity, IG charges an $18 monthly fee. |
$15 monthly after 1 year 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. |
Depending on account type.
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.6 Pips | Dynamic - From 0.8 Pips |
📉 SP500 | |
Dynamic - From 40 Pips | Dynamic - From 60 Pips |
📈 GOLD | |
Dynamic - From 30 Pips | Dynamic - From 50 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $90 | Dynamic - From $120 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | Yes |
📡 Educational Content | |
Yes | Yes |
📡 Live Chat Support | |
Yes | Yes |
📡 Video Tutorials | |
No | Yes |
📡 Account Management | |
No | No |
📡 Webinars | |
Yes | No |