IG
Visit

79% of retail CFD accounts lose money.

Vs.

Webull
Visit

Your capital is at risk.

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

Updated Oct 13 2023

Visit

79% of retail CFD accounts lose money.

Visit

Your capital is at risk.

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.

Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.

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
  • Novices who want to enter the world of investing
  • Intermediate and advanced options traders
  • Professional day traders and portfolio managers 
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

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FMA (New Zealand)
  • NFA (United States)
  • DFSA (United Arab Emirates)
  • FINMA (Switzerland)
  • MAS (Singapore)
  • FFAJ (Japan)
  • FSCA (South Africa)
  • BMA (Bermuda)
  • HKMA (Hong Kong)
  • FINRA (United States)
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
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
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
  • No international clients at the moment
  • No joint accounts
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 2017
💳 Minimum Deposit Range
From $10 to $450. 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD. 1 - USD.
🗽 Available to U.S Citizens
Yes Yes
❌ Restricted Countries

SY, IR.

European Union, UK, CA, JP, IN, IR, MY, ZA, AU.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid Equities
Total Asset Offering
35,227 12,420
Exchange Access
8 5
📙 Real Stocks
15,000 10,000
📙 Stock CFDs
15,000 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
80 0
📗 Commodities
0 0
📗 Commodities CFDs
37 0
📕 Indices
0 0
📕 Indices CFDs
76 0
📔 ETFs
2,000 2,400
📔 ETFs CFDs
2,000 0
💸 Cryptocurrencies
0 20
💸 Cryptocurrency CFDs
15 0
📒 Bonds
0 0
📒 Bonds CFDs
19 0
📓 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) $5 trade value
📉 Minimum ETFs Trade Size
1/10 of Contract (5,000 Notional) $5 trade value
📈 Minimum Crypto Trade Size
0.01 Contracts Varies per cryptocurrency
📉 Minimum FX Trade Size
1 Contract Unavailable
📈 Minimum Commodities Trade Size
1 Contract Unavailable
📉 Minimum Bonds Trade Size
1 Contract Unavailable
📈 Minimum Futures Trade Size
1 Contract Unavailable
📉 Minimum Options Trade Size
1 Contract Unavailable
💪 Retail Leverage
30 4
💪 Professional Leverage
250 Unavailable
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
No No
📺 cTrader
No No
💻 Web trader
Yes No
💻 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 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 Unavailable
📉 SP500
Dynamic - From 40 Pips Unavailable
📈 GOLD
Dynamic - From 30 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - Market spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - Market spread
📉 BTC
Dynamic - From $90 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
Yes No