IG
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73% of retail CFD accounts lose money.

Vs.

Valutrades
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66% of retail CFD accounts lose money.

IG Vs. Valutrades - Compare and Choose the Right One

Updated Jan 08 2022

Visit

73% of retail CFD accounts lose money.

Visit

66% of retail CFD accounts lose money.

Overview

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.

Established in 2012, Valutrades offers 70 plus currencies pairs, commodities and indices trading for beginner and advanced traders through its MT4, MT5 and ECN accounts. It doesn’t offer equities trading.

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
  • Currency traders looking for an ECN broker
  • Professional currency traders looking for an API offering
  • Traders looking for a narrow range of commodities, cryptocurrencies 
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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
  • Scalping is allowed (great for professional traders)
  • Competitive commissions of $3 per lot round turn
  • Access to ECN or DMA accounts 
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
  • Asset offering is poor (only 80 instruments and no stocks or ETFs)
  • Doesn’t have its on trading application
Status
Operational Operational
Recent News
N/A N/A
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 documents (Passport, ID card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder’s name.

🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (UK)
  • NFA (United States)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • FSCA (South Africa)
  • FSA (Seychelles)
  • FCA (UK)
📍 Year Founded
1974 2012
💳 Minimum Deposit

0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards.

0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Maestro
  • American Express
  • AstroPay
  • Diners
  • SticPay
  • PayPal
  • Skrill
  • Neteller e-wallets
  • Wire transfers
  • Giropay
  • iDEAL
  • JCB
  • Klarna
  • POLiPaysafecard
  • Przelwy24
  • Rapid Transfer
  • AliPay
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD. 13 - AUD, CAD, CHF, EUR, GBP, HKD, JPY, NOK, NZD,SGD, SEK, USD, ZAR
🗽 Available to U.S Citizens
Yes (excluding CFDs) No
❌ Restricted Countries
SY, IR. US, IR, SY
📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes Yes
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies indices and bonds.

CFDs on currencies, commodities, indices and cryptocurrencies

📙 Stocks

10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks

N/A
📘 Currency Pairs
210 73
📗 Commodities
37 5
📕 Indices
76 25
📔 ETFs
2,000 + both CFDs and real ETFs N/A
💸 Cryptocurrencies
15 4
📒 Bonds
19 N/A
📓 Options
Availability only for select countries. N/A
📗 Futures

Several contracts in commodities and indices with various expiration dates.

46
📝 Notes:

IG provides both CFD trading and real equity. US traders cannot trade CFDs.

All of Valutrades assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
1 Share N/A
📉 Minimum ETFs Trade Size
1 ETF N/A
📈 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 Varies per commodity (eg: 0.01 Contracts 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) 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
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 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 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

Three free withdrawals a month, then 5% processing fee

💰 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 (Eg: Forex commission of $3 per side with ECN account)

Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips Dynamic - From 0.1 Pips
📉 SP500
Dynamic - From 150 Pips Dynamic - From 34 Pips
📈 GOLD
Dynamic - From 50 Pips Dynamic - From 22 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.03 N/A
📈 XLK (ETF - CFD)
Dynamic - From 0 Pips N/A
📉 BTC
Dynamic - From $140 Dynamic - From $90
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No

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