IG
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73% of retail CFD accounts lose money.

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XTB
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77% of retail CFD accounts lose money

IG Vs. XTB - Compare and Choose the Right One

Updated Jan 08 2022

Visit

73% of retail CFD accounts lose money.

Visit

77% 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.

XTB is an international broker specialised in CFD trading and low cost forex spreads.

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
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
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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
  • Low forex & stock spreads
  • Professional platform with customisable layouts
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 ability to remove or customise leverage
  • High commissions on stocks & ETFs
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
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 document (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)
  • CySec (Cyprus)
  • FCA (UK)
  • CMNV (Spain)
  • UKNF (Poland)
📍 Year Founded
1974 2002
💳 Minimum Deposit

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

$, €, £ - 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
6 - AUD, EUR, GBP, HKD, SGD, USD. 5 - USD, GBP, EUR, PLN, HUF.
🗽 Available to U.S Citizens
Yes (excluding CFDs) No
❌ Restricted Countries
SY, IR. US, SY, IR.
📊 STP Account
No Yes
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies indices and bonds.

CFDs on stocks, ETFs, commodities, currencies, indices and cryptocurrencies

📙 Stocks

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

1,877
📘 Currency Pairs
210 57
📗 Commodities
37 21
📕 Indices
76 36
📔 ETFs
2,000 + both CFDs and real ETFs 135
💸 Cryptocurrencies
15 5
📒 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.

All XTB assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
1 Share $50
📉 Minimum ETFs Trade Size
1 ETF $50
📈 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: 0.01 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
📈 Minimum Commodities Trade Size
1 Contract Varies by Commoditty (Eg: 0.01 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) N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No No
🎓 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 No
👫 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.

Yes, $10 a month after 1 year of inactivity
💰 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.

For Stocks and ETFs / 0.08% - $8 Minimum commission
Spreads
📈 EUR/USD
Dynamic - From 0.9 Pips Dynamic - From 0 to 0.8 Pips
📉 SP500
Dynamic - From 150 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 50 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $1.03 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From 0 Pips Dynamic - Market Spread
📉 BTC
Dynamic - From $140 Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
Yes No

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