IG Vs. Valutrades - Compare Trustworthiness, Capabilities, Fees and Legitimacy

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.

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.

• 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 

• ASIC (Australia)
• FMA (New Zealand)
• NFA (United States)
• DFSA (United Arab Emirates)
• FINMA (Switzerland)
• MAS (Singapore)
• FFAJ (Japan)
• FSCA (South Africa)
• BMA (Bermuda)

• FSAS (Seychelles)
• FCA (UK)

• 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 

• 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

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• 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.

• 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

SY, IR.

US, IR, SY.

After 24 months of inactivity, IG charges an $18 monthly fee.

Three free withdrawals a month, then 5% processing fee.

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).