Compare eToro vs IG

eToro eToro eToro IG
eToro IG
Established 2007 Established 2005
Web www.etoro.com Web
Location eToro (UK) Ltd: 24th floor, One Canada SquareCanary Wharf E14 5ABLondon, United Kingdom Location Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA, United Kingdom
Phone Phone 44 207 896 0079)
E-mail pr@etoro.com E-mail helpdesk@ig.com
Country Cyprus, UK, Australia Country UK, Australia
Regulation FCA (UK) Authorised in the European Union (EU) ASIC (Australia) Cysec Regulation FCA (UK) ASIC (Australia)
Number of instruments CFD 5 Number of instruments CFD 7
Broker type MM, STP Broker type ECN, MM, STP
Support Mail Chat Support Phone Mail Chat
Deposit from 100 EUR/USD Deposit from 1 EUR/USD
Spreads 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. Spreads 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs Real Stocks and ETFs
Platforms Web Platform Social Trading / Copy-Trading Platforms MetaTrader 4 (MT4) Desktop Platform (Windows) Web Platform
Instruments CFD Commodities, Cryptocurrency traded as actual, Forex, ETF, Indicies Instruments CFD Commodities, Options, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies
Funding methods
Skrill Klarna PayPal Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.
Funding methods
PayPal Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.

We have compared eToro and IG to see what the key differences are between these brokers.

Our goal was to create a comparison of brokers so you can get an overview of their features, fees, trading platforms, instruments and more.

Below is a comparison of eToro VS IG

During our testing, we evaluated various points that we liked, disliked or were indifferent to. When evaluating certain features, we tried to be objective and fair based on what features the broker offered versus how competitive its fees were. In addition, we created our own unique rating system that we use to judge all brokers.

Compare broker parameters depending on what you are interested in, cryptocurrencies, stocks, commodities or Forex? What is the difference between brokers eToro vs IG? At broker eToro you can trade a total of 49 currency pairs, in total you can find over 1000+ instruments. At broker IG you can trade a total of 105 of currency pairs, in total you will find over 19537+ instruments. Broker eToro provides Client Webinars, Has Education – CFDs, Has Education – Forex, Investor Dictionary (Glossary), Videos – Advanced Trading Videos. Broker IG offers trading platforms of type MetaTrader 4 (MT4), Desktop Platform (Windows), Web Platform.

Investments

# eToro IG
Currency Pairs (Total Forex pairs) 49 105
CFDs – Total Offered 1000+ 19537+
Options CFD No Yes
Share CFDs No Yes
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD Yes Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual Yes No
Cryptocurrency traded as CFD No Yes
Real Stocks and ETFs Yes No
Investments rating 62% 88%
Winner

Cost

# eToro IG
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 1 1
Deposit from 100 1
Account fee No No
Inactivity fee Yes No
Active Trader or VIP Discounts No No
Withdrawal fees Yes No
Deposit fees Yes No
Cost rating 40% 100%
Winner

Trading Platforms

# eToro IG
Desktop Platform (Windows) No Yes
Web Platform Yes Yes
Social Trading / Copy-Trading Yes No
MetaTrader 4 (MT4) No Yes
MetaTrader 5 (MT5) No No
Currenex No No
cTrader No No
Trading Platforms rating 100% 100%
Winner

Trading Tools

# eToro IG
Financial leverage Yes Yes
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields No Yes
Charting – Indicators / Studies (Total) Yes Yes
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart No Yes
Stop-Loss Yes Yes
Finacial Calendar No Yes
Daily financial news Yes Yes
Order Type – Trailing Stop Yes Yes
Trading Tools rating 70% 100%
Winner

Mobile Trading

# eToro IG
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields No Yes
SMS alerts Yes Yes
Mobile Trading Yes Yes
Mobile Trading rating 80% 100%
Winner

Research

# eToro IG
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars Yes Yes
Social Sentiment – Currency Pairs Yes No
Economic Calendar Yes No
Research Yes No
Research rating 100% 50%
Winner

Education

# eToro IG
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars Yes No
Videos – Advanced Trading Videos Yes Yes
Investor Dictionary (Glossary) Yes Yes
Education No Yes
Education rating 83% 83%
Winner

Major Forex Pairs

# eToro IG
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
Major Forex Pairs rating 100% 100%
Winner

Commodities

# eToro IG
Gold Yes Yes
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil Yes Yes
Coffee No Yes
Cocoa Yes Yes
Soybeans No Yes
Rice No Yes
Corn No Yes
Platinum Yes Yes
Palladium Yes Yes
Commodities rating 64% 100%
Winner

Indices

# eToro IG
DAX 30 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones Yes Yes
Nikkei Yes Yes
Indices rating 100% 100%
Winner

Cryptocurrencies

# eToro IG
Bitcoin Yes Yes
Litecoin Yes Yes
Ethereum Yes Yes
Ripple Yes No
Neo Yes No
Stellar Yes No
Cardano Yes No
Tron Yes No
Monero Yes No
EOS Yes No
Cryptocurrencies rating 100% 30%
Winner

Regulations

# eToro IG
Cysec Yes No
ASIC (Australia) Yes Yes
FCA (UK) Yes Yes
Authorised in the European Union (EU) Yes No
CFTC Registered (USA) No No
FINMA (Switzerland) No No
Regulations rating 67% 33%
Winner

Support

# eToro IG
Chat Yes Yes
Phone No Yes
Mail Yes Yes
Support rating 67% 100%
Winner

Overall

# eToro IG
Link eToro IG
Win / Loss % 58% 55%
Winner