Updated May 13 2022
Overview | |
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ThinkMarkets is a global broker headquartered in Australia that offers real stocks and ETFs along with CFDs on stocks, etfs, commodities, indices and cryptocurrencies accompanied by their proprietary platform: ThinkTrader. |
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. |
Best For | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 7 Other Licenses 1 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2010 | 1974 |
💳 Minimum Deposit | |
0 for Standard Account / $500 for Zero account |
0 for Bank Transfers, 300 € for Paypal and Debit / Credit cards. |
💰 Payment Methods | |
💵 Account Base Currencies | |
6 - EUR, AUD, CHF, GBP, JPY, USD. | 6 - AUD, EUR, GBP, HKD, SGD, USD. |
🗽 Available to U.S Citizens | |
No | Yes (excluding CFDs) |
❌ Restricted Countries | |
US, CA, SY, IR. | SY, IR. |
📊 STP Account | |
No | No |
📊 DMA Account | |
Yes | Yes |
📊 ECN Account | |
No | Yes | Assets |
📚 Available Assets | |
📙 Stocks | |
3,100+ real shares (ASX) / 1246 CFDs | 10,000+ CFDs / Offering from 8 exchanges worldwide for real stocks |
📘 Currency Pairs | |
47 | 210 |
📗 Commodities | |
11 | 37 |
📕 Indices | |
27 | 76 |
📔 ETFs | |
103 | 2,000 + both CFDs and real ETFs |
💸 Cryptocurrencies | |
21 | 15 |
📒 Bonds | |
N/A | 19 |
📓 Options | |
N/A | Availability only for select countries. |
📗 Futures | |
N/A | Several contracts in commodities and indices with various expiration dates. |
📝 Notes: | |
ThinkMarkets offers both real stocks & ETFs along with CFDs on several asset classes. |
IG provides both CFD trading and real equity. US traders cannot trade CFDs. |
Trading Experience |
📈 Minimum Stock Trade Size | |
Fractional share trading - From 0.1 Shares | 1 Share |
📉 Minimum ETFs Trade Size | |
Fractional ETF trading - From 0.1 ETFs | 1 ETF |
📈 Minimum Crypto Trade Size | |
Varies per cryptocurrency (eg: from 0.01 units of BTC) | 0.01 Contracts (IG Provides a standard contract containing a particular quantity of an asset, for example, ADA’s contract has 100 ADA coins) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | 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) |
📈 Minimum Commodities Trade Size | |
Varies per commodity (eg: 1 ounce of Gold) | 1 Contract |
📉 Minimum Bonds Trade Size | |
N/A | 1 Contract |
📈 Minimum Futures Trade Size | |
N/A | 1 Contract |
📉 Minimum Options Trade Size | |
N/A | Varies per option (usually 1 contract) |
💪 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 | |
Yes | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | No |
💻 Web trader | |
Only for MT4 and MT5. | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes (Only for Standard Account) | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | No |
👫 Social Trading | |
Yes | No |
🔑 Guaranteed Stop-loss | |
No | Yes |
🔨 Trailing Stop-loss | |
No | Yes | Fees |
💰 Inactivity Fee | |
No | After 24 months of inactivity, IG charges an $18 monthly fee. |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | No |
💰 Commissions | |
For real stocks and ETFs investing, there is a flat fee of $8 per trade (in-and-out) or if the trade value is above $200,000 then a 0.05% fee per trade. |
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. |
Spreads |
📈 EUR/USD | |
From 0.4 Pips to 1 Pip | Dynamic - From 0.9 Pips |
📉 SP500 | |
From 40 Pips | Dynamic - From 150 Pips |
📈 GOLD | |
From 20 Pips | Dynamic - From 50 Pips |
📉 TSLA (Stock CFD) | |
From 20 Pips | Dynamic - From $1.03 |
📈 XLK (ETF - CFD) | |
Dynamic - From $0.01 | Dynamic - From 0 Pips |
📉 BTC | |
Dynamic - From $30 | Dynamic - From $140 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
No | Yes |