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. |
Founded in 2012, RoboMarkets offers five different types of accounts, including its proprietary R Stock Trader and ProCents accounts, with access to 12,000 instruments. The different accounts offer different spreads and investment instruments. |
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 0 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 | 2012 |
💳 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. | 5 - EUR, USD, GBP, CHF, GOLD |
🗽 Available to U.S Citizens | |
Yes (excluding CFDs) | No |
❌ Restricted Countries | |
SY, IR. | US, CA, SY (Available only for EU Citizens). |
📊 STP Account | |
No | Yes |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
Yes | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks |
12,000+ |
📘 Currency Pairs | |
210 | 35+ |
📗 Commodities | |
37 | 3 |
📕 Indices | |
76 | 9 |
📔 ETFs | |
2,000 + both CFDs and real ETFs | 1,000+ |
💸 Cryptocurrencies | |
15 | 14 |
📒 Bonds | |
19 | N/A |
📓 Options | |
Availability only for select countries. | N/A |
📗 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. |
RoboMarkets offers a combination of real equities and CFDs depending on the account. Stock trading is offered on its R Stock Trader account. |
Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | 1 Share |
📉 Minimum ETFs Trade Size | |
1 ETF | 1 ETF |
📈 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 per cryptocurrency (Eg: 0.01 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 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
1 Contract | 0.01 Units |
📉 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) | N/A |
💪 Retail Leverage | |
Up to 1:30 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:500 | Up to 1:500 |
✍ Customisable Leverage | |
No | No – it is defined during the registration process and can’t be changed |
🎲 Deleveraged Trading | |
No | Yes, depending on the account |
🎓 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 | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
No | Yes |
👫 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. |
No |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%) |
💰 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. |
Varies per product (Eg. ETF Pro $0.0045/share) |
Spreads |
📈 EUR/USD | |
Dynamic - From 0.9 Pips | Dynamic - From 0.3 Pips |
📉 SP500 | |
Dynamic - From 150 Pips | Dynamic - From 40 Pips |
📈 GOLD | |
Dynamic - From 50 Pips | Dynamic - From 25 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $1.03 | Average spread varies per account (Eg: 55 pips for Pro, 27 Pips for ECN) |
📈 XLK (ETF - CFD) | |
Dynamic - From 0 Pips | N/A |
📉 BTC | |
Dynamic - From $140 | Dynamic - From $1 to $500 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | No |
📡 Reuters Feed | |
Yes | No |