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. |
Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options |
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 3 Other Licenses 1 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 | 2008 |
💳 Minimum Deposit | |
0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards. |
$, €, £ - 100 |
💰 Payment Methods | |
💵 Account Base Currencies | |
6 - AUD, EUR, GBP, HKD, SGD, USD. | 16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD. |
🗽 Available to U.S Citizens | |
Yes (excluding CFDs) | No |
❌ Restricted Countries | |
SY, IR. | US, CA, CU, SY, IR. |
📊 STP Account | |
No | Yes |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
Yes | No | Assets |
📚 Available Assets | |
📙 Stocks | |
10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks |
2,000+ |
📘 Currency Pairs | |
210 | 70 |
📗 Commodities | |
37 | 25 |
📕 Indices | |
76 | 26 |
📔 ETFs | |
2,000 + both CFDs and real ETFs | 95 |
💸 Cryptocurrencies | |
15 | 14 |
📒 Bonds | |
19 | N/A |
📓 Options | |
Availability only for select countries. | Option CFDs (Calls and Puts) on: Alphabet, Facebook, Apple, Deutsche Bank, Snap, Twitter, Amazon, Microsoft, Netflix, Tesla and NIO along with major indices and EUR/USD. |
📗 Futures | |
Several contracts in commodities and indices with various expiration dates. |
N/A |
📝 Notes: | |
IG provides both CFD trading and real equity. US traders cannot trade CFDs. |
All of Plus500's assets are CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | Varies by Stock (Eg: 0.05 units of Tesla) |
📉 Minimum ETFs Trade Size | |
1 ETF | Varies by ETF (Eg: 0.5 units of XLK) |
📈 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) |
Varies by Crypto (Eg: 0.001 BTC) |
📉 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 |
📈 Minimum Commodities Trade Size | |
1 Contract | Varies by Commoditty (Eg: 0.2 Troy ounces of Gold) |
📉 Minimum Bonds Trade Size | |
1 Contract | N/A |
📈 Minimum Futures Trade Size | |
1 Contract | N/A |
📉 Minimum Options Trade Size | |
Varies per option (usually 1 contract) | Varies by Option (Eg: 5 contracts of Tesla Calls) |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:300 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | No |
📺 MetaTrader 5 | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
Yes | Yes |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
After 24 months of inactivity, IG charges an $18 monthly fee. |
Yes, $10 every 3 months |
💰 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. |
No | Spreads |
📈 EUR/USD | |
Dynamic - From 0.9 Pips | Dynamic - From 0.8 Pips |
📉 SP500 | |
Dynamic - From 150 Pips | Dynamic - From 70 Pips |
📈 GOLD | |
Dynamic - From 50 Pips | Dynamic - From 30 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $1.03 | Dynamic - From $5.2 |
📈 XLK (ETF - CFD) | |
Dynamic - From 0 Pips | Dynamic - From 7 Pips |
📉 BTC | |
Dynamic - From $140 | Dynamic - From $136 | Research and Analysis |
⭐ Watchlists | |
Yes | No, only allows setting an individual favourites list |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | No |
📡 Reuters Feed | |
Yes | No |