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

Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.

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.

• New investors and traders looking to explore their social and copy trading offering via live coaches
• New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities

• 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

• MFSA (Malta Financial Services Authority)

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

• Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders
• Their proprietary platform is very simple and easy to use
• Their equities offering is completely commission-free

• Broad platform offering with high customisability and integrated news feeds
• Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs

• Asides from stocks and ETFs, their asset offering lacks variety
• Their web platform is completely impractical to use for professional trading
• They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times

• 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

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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

• Visa
• Mastercard
• Bank Transfer
• Paypal

US, CA, SY, IR.

SY, IR.

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