Updated May 26 2022
Overview | |
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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. |
HF Markets (HFM) is a global broker founded in 2010 under the brand name HotForex that specialises in CFDs trading on currencies, commodities, indices, stocks, ETFs, bonds and futures. Recently they added to their portfolio commission-free real stocks and ETFs. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 7 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 5 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
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 | 2010 |
💳 Minimum Deposit | |
0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards. |
From $5 to $250 (depending on location or account) |
💰 Payment Methods | |
💵 Account Base Currencies | |
6 - AUD, EUR, GBP, HKD, SGD, USD. | 6 - USD, EUR, NGN, JPY, ZAR, THB. |
🗽 Available to U.S Citizens | |
Yes (excluding CFDs) | No |
❌ Restricted Countries | |
SY, IR. | US, CA, SY, IR. |
📊 STP Account | |
No | No |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
Yes | No | Assets |
📚 Available Assets | |
📙 Stocks | |
10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks |
2,113 Real Stocks / 54 CFDs |
📘 Currency Pairs | |
210 | 53 |
📗 Commodities | |
37 | 13 |
📕 Indices | |
76 | 11 |
📔 ETFs | |
2,000 + both CFDs and real ETFs | 34 |
💸 Cryptocurrencies | |
15 | N/A |
📒 Bonds | |
19 | 3 |
📓 Options | |
Availability only for select countries. | N/A |
📗 Futures | |
Several contracts in commodities and indices with various expiration dates. |
14 |
📝 Notes: | |
IG provides both CFD trading and real equity. US traders cannot trade CFDs. |
HF Markets provides both CFDs and real equities. |
Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | $5 (Fractional Share Trading |
📉 Minimum ETFs Trade Size | |
1 ETF | $5 (Fractional ETF Trading) |
📈 Minimum Crypto Trade Size | |
0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins) |
N/A |
📉 Minimum FX Trade Size | |
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) |
$1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
1 Contract | $1,000 (0.01 Lots) |
📉 Minimum Bonds Trade Size | |
1 Contract | $1,000 (0.01 Lots) |
📈 Minimum Futures Trade Size | |
1 Contract | $1,000 (0.01 Lots) |
📉 Minimum Options Trade Size | |
Varies per option (usually 1 contract) | N/A |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:1000 (Non EU) |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:500 (EU Only) |
✍ Customisable Leverage | |
No | Yes |
🎲 Deleveraged Trading | |
No | Yes |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | No |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | Yes |
👫 Social Trading | |
No | Yes |
🔑 Guaranteed Stop-loss | |
Yes | No |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
After 24 months of inactivity, IG charges an $18 monthly fee. |
Yes, $5 monthly after 6 months of inactivity. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | No |
💰 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. |
Yes depending on account type:
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Spreads |
📈 EUR/USD | |
Dynamic - From 0.9 Pips | Dynamic - From 0 Pips to 1.3 Pips |
📉 SP500 | |
Dynamic - From 150 Pips | Dynamic - From 41 Pips |
📈 GOLD | |
Dynamic - From 50 Pips | Dynamic - From 25 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $1.03 | Dynamic - From $0.33 |
📈 XLK (ETF - CFD) | |
Dynamic - From 0 Pips | N/A |
📉 BTC | |
Dynamic - From $140 | N/A | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | No |