IG
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79% of retail CFD accounts lose money.

Vs.

Nextmarkets
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63.10% of retail CFD accounts lose money.

IG Vs. Nextmarkets - Compare and Choose the Right One

Updated Jan 20 2023

Visit

79% of retail CFD accounts lose money.

Visit

63.10% 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.

Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.

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
  • New investors and traders looking to explore their social and copy trading offering via live coaches
  • New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

8

Other Licenses

2

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)
  • FMA (New Zealand)
  • FCA (UK)
  • NFA (United States)
  • DFSA (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • FSCA (South Africa)
  • BMA (Bermuda)
  • MFSA (Malta Financial Services Authority)
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
  • Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders
  • Their proprietary platform is very simple and easy to use
  • Their equities offering is completely commission-free
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
  • Asides from stocks and ETFs, their asset offering lacks variety
  • Their web platform is completely impractical to use for professional trading
  • They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
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 2014
💳 Minimum Deposit Range
From $10 to $450. 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD. 2 - EUR, GBP.
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries

SY, IR.

US, CA, SY, IR.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid Hybrid
Total Asset Offering
35,227 18,037
Exchange Access
8 0
📙 Real Stocks
15,000 8,000
📙 Stock CFDs
15,000 8,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
80 22
📗 Commodities
0 0
📗 Commodities CFDs
37 5
📕 Indices
0 0
📕 Indices CFDs
76 5
📔 ETFs
2,000 1,000
📔 ETFs CFDs
2,000 1,000
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
15 4
📒 Bonds
0 0
📒 Bonds CFDs
19 1
📓 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) 1 ETF
📈 Minimum Crypto Trade Size
0.01 Contracts Varies per Cryptocurrency (eg: 0.1 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 - 1 ounce)
📉 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
250 100
✍ 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 No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes 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.

None
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 40 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 30 Pips Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From $2
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From $0.1 to 0.3
📉 BTC
Dynamic - From $90 Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No Yes
📡 Account Management
No No
📡 Webinars
Yes Yes