We have compared iForex 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 iForex 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 iForex vs IG?
At broker iForex you can trade a total of 80 currency pairs, in total you can find over 100 instruments.
At broker IG you can trade a total of 105 of currency pairs, in total you will find over 19537+ instruments.
Broker iForex provides
Broker IG offers trading platforms of type
MetaTrader 4 (MT4),
Desktop Platform (Windows),
Web Platform.
Investments
| # |
iForex |
IG |
| Currency Pairs (Total Forex pairs) |
80 |
105 |
| CFDs – Total Offered |
100 |
19537+ |
|
Options
CFD
|
No
|
Yes
|
|
Share CFDs
|
No
|
Yes
|
|
Forex
CFD
|
Yes
|
Yes
|
|
Commodities
CFD
|
Yes
|
Yes
|
|
ETF
CFD
|
No
|
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 |
50%
|
88%
|
| Winner |
|
|
Cost
| # |
iForex |
IG |
|
Average Spread EUR/USD
* Spread is dated 02.01.2024 12:00, spread amount is subject to change.
|
1.8 |
1 |
| Deposit from |
100 |
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
| # |
iForex |
IG |
| Desktop Platform (Windows) |
No
|
Yes
|
| Web Platform |
Yes
|
Yes
|
| Social Trading / Copy-Trading |
No
|
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
| # |
iForex |
IG |
| Financial leverage |
No
|
Yes
|
| Virtual Trading (Demo) |
No
|
Yes
|
| Alerts – Basic Fields |
No
|
Yes
|
| Charting – Indicators / Studies (Total) |
No
|
Yes
|
| Charting – Drawing Tools (Total) |
No
|
Yes
|
| Charting – Trade From Chart |
No
|
Yes
|
| Stop-Loss |
No
|
Yes
|
| Finacial Calendar |
No
|
Yes
|
| Daily financial news |
No
|
Yes
|
| Order Type – Trailing Stop |
No
|
Yes
|
| Trading Tools rating |
0%
|
100%
|
| Winner |
|
|
Mobile Trading
| # |
iForex |
IG |
| Android App |
Yes
|
Yes
|
| Apple iOS App |
Yes
|
Yes
|
| Alerts – Basic Fields |
No
|
Yes
|
| SMS alerts |
No
|
Yes
|
| Mobile Trading |
No
|
Yes
|
| Mobile Trading rating |
40%
|
100%
|
| Winner |
|
|
Research
| # |
iForex |
IG |
| Daily Market Commentary |
No
|
Yes
|
| Forex News (Top-Tier Sources) |
No
|
Yes
|
| Weekly Webinars |
No
|
Yes
|
| Social Sentiment – Currency Pairs |
No
|
No
|
| Economic Calendar |
No
|
No
|
| Research |
No
|
No
|
| Research rating |
0%
|
50%
|
| Winner |
|
|
Education
| # |
iForex |
IG |
| Has Education – Forex |
No
|
Yes
|
| Has Education – CFDs |
No
|
Yes
|
| Client Webinars |
No
|
No
|
| Videos – Advanced Trading Videos |
No
|
Yes
|
| Investor Dictionary (Glossary) |
No
|
Yes
|
| Education |
No
|
Yes
|
| Education rating |
0%
|
83%
|
| Winner |
|
|
Major Forex Pairs
| # |
iForex |
IG |
| GBP/USD |
No
|
Yes
|
| USD/JPY |
No
|
Yes
|
| EUR/USD |
No
|
Yes
|
| USD/CHF |
No
|
Yes
|
| USD/CAD |
No
|
Yes
|
| NZD/USD |
No
|
Yes
|
| AUD/USD |
No
|
Yes
|
| Major Forex Pairs rating |
0%
|
100%
|
| Winner |
|
|
Commodities
| # |
iForex |
IG |
| Gold |
No
|
Yes
|
| Silver |
No
|
Yes
|
| WIT Oil |
No
|
Yes
|
| Brent Oil |
No
|
Yes
|
| Coffee |
No
|
Yes
|
| Cocoa |
No
|
Yes
|
| Soybeans |
No
|
Yes
|
| Rice |
No
|
Yes
|
| Corn |
No
|
Yes
|
| Platinum |
No
|
Yes
|
| Palladium |
No
|
Yes
|
| Commodities rating |
0%
|
100%
|
| Winner |
|
|
Indices
| # |
iForex |
IG |
| DAX 30 |
No
|
Yes
|
| S&P 500 |
No
|
Yes
|
| Nasdaq |
No
|
Yes
|
| Dow Jones |
No
|
Yes
|
| Nikkei |
No
|
Yes
|
| Indices rating |
0%
|
100%
|
| Winner |
|
|
Cryptocurrencies
| # |
iForex |
IG |
| Bitcoin |
No
|
Yes
|
| Litecoin |
No
|
Yes
|
| Ethereum |
No
|
Yes
|
| Ripple |
No
|
No
|
| Neo |
No
|
No
|
| Stellar |
No
|
No
|
| Cardano |
No
|
No
|
| Tron |
No
|
No
|
| Monero |
No
|
No
|
| EOS |
No
|
No
|
| Cryptocurrencies rating |
0%
|
30%
|
| Winner |
|
|
Regulations
| # |
iForex |
IG |
| Cysec |
Yes
|
No
|
| ASIC (Australia) |
No
|
Yes
|
| FCA (UK) |
No
|
Yes
|
| Authorised in the European Union (EU) |
No
|
No
|
| CFTC Registered (USA) |
No
|
No
|
| FINMA (Switzerland) |
No
|
No
|
| Regulations rating |
17%
|
33%
|
| Winner |
|
|
Support
| # |
iForex |
IG |
| Chat |
No
|
Yes
|
| Phone |
No
|
Yes
|
| Mail |
Yes
|
Yes
|
| Support rating |
33%
|
100%
|
| Winner |
|
|
Overall
| # |
iForex |
IG |
| Link |
iForex |
IG |
| Win / Loss % |
11% |
55% |
| Winner |
|
|
