Compare ForexTime vs IG

ForexTime ForexTime ForexTime IG
ForexTime IG
Established 2011 Established 2005
Web Web
Location FXTM Tower, 35 Lamprou Konstantara,Kato Polemidia, 4156, Limassol, Cyprus Location Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA, United Kingdom
Phone +357 25 558 777 Phone 44 207 896 0079)
E-mail info@forextime.com E-mail helpdesk@ig.com
Country Cyprus Country UK, Australia
Regulation FCA (UK) Cysec Regulation FCA (UK) ASIC (Australia)
Number of instruments CFD 6 Number of instruments CFD 7
Broker type ECN, STP Broker type ECN, MM, STP
Support Phone Mail Chat Support Phone Mail Chat
Deposit from 200 EUR/USD Deposit from 1 EUR/USD
Spreads 1.5 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 MetaTrader 4 (MT4) MetaTrader 5 (MT5) Platforms MetaTrader 4 (MT4) Desktop Platform (Windows) Web Platform
Instruments CFD Commodities, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies Instruments CFD Commodities, Options, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies
Funding methods
Skrill Visa/Mastercard Bank Wire WebMoney
* 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 ForexTime 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 ForexTime 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 ForexTime vs IG? At broker ForexTime you can trade a total of 35 currency pairs, in total you can find over 250+ instruments. At broker IG you can trade a total of 105 of currency pairs, in total you will find over 19537+ instruments. Broker ForexTime provides Client Webinars, Has Education – CFDs, Education, Has Education – Forex. Broker IG offers trading platforms of type MetaTrader 4 (MT4), Desktop Platform (Windows), Web Platform.

Investments

# ForexTime IG
Currency Pairs (Total Forex pairs) 35 105
CFDs – Total Offered 250+ 19537+
Options CFD No Yes
Share CFDs Yes Yes
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD Yes Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No No
Cryptocurrency traded as CFD Yes Yes
Real Stocks and ETFs No No
Investments rating 75% 88%
Winner

Cost

# ForexTime IG
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 1.5 1
Deposit from 200 1
Account fee No No
Inactivity fee Yes No
Active Trader or VIP Discounts No No
Withdrawal fees No No
Deposit fees No No
Cost rating 80% 100%
Winner

Trading Platforms

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

Trading Tools

# ForexTime IG
Financial leverage Yes Yes
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields Yes Yes
Charting – Indicators / Studies (Total) Yes Yes
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart Yes Yes
Stop-Loss Yes Yes
Finacial Calendar Yes Yes
Daily financial news Yes Yes
Order Type – Trailing Stop No Yes
Trading Tools rating 90% 100%
Winner

Mobile Trading

# ForexTime IG
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields Yes Yes
SMS alerts No Yes
Mobile Trading No Yes
Mobile Trading rating 60% 100%
Winner

Research

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

Education

# ForexTime IG
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars Yes No
Videos – Advanced Trading Videos No Yes
Investor Dictionary (Glossary) No Yes
Education Yes Yes
Education rating 67% 83%
Winner

Major Forex Pairs

# ForexTime 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

# ForexTime IG
Gold Yes Yes
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil Yes Yes
Coffee No Yes
Cocoa No Yes
Soybeans No Yes
Rice No Yes
Corn No Yes
Platinum Yes Yes
Palladium Yes Yes
Commodities rating 55% 100%
Winner

Indices

# ForexTime 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

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

Regulations

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

Support

# ForexTime IG
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes
Support rating 100% 100%
Winner

Overall

# ForexTime IG
Link ForexTime IG
Win / Loss % 46% 55%
Winner