Compare Interactive brokers vs IG

Interactive brokers Interactive brokers Interactive brokers IG
Interactive brokers IG
Established 1978 Established 2005
Web Web
Location 10 Earlsfort Terrace, Dublin, D02 T380, Ireland. Location Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA, United Kingdom
Phone 00800-42-276537 Phone 44 207 896 0079)
E-mail media@interactivebrokers.com E-mail helpdesk@ig.com
Country UK Country UK, Australia
Regulation Authorised in the European Union (EU) Regulation FCA (UK) ASIC (Australia)
Number of instruments CFD 5 Number of instruments CFD 7
Broker type ECN, STP Broker type ECN, MM, STP
Support Phone Mail Chat Support Phone Mail Chat
Deposit from 10 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 Desktop Platform (Windows) Web Platform Platforms MetaTrader 4 (MT4) Desktop Platform (Windows) Web Platform
Instruments CFD Commodities, Options, Forex, ETF, Indicies Instruments CFD Commodities, Options, Share CFDs, Forex, ETF, Cryptocurrency traded as CFD, Indicies
Funding methods
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 Interactive brokers 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 Interactive brokers 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 Interactive brokers vs IG? At broker Interactive brokers you can trade a total of 22 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 Interactive brokers provides Client Webinars, Has Education – CFDs, Education, 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

# Interactive brokers IG
Currency Pairs (Total Forex pairs) 22 105
CFDs – Total Offered 100+ 19537+
Options CFD Yes 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 No No
Cryptocurrency traded as CFD No Yes
Real Stocks and ETFs Yes No
Investments rating 62% 88%
Winner

Cost

# Interactive brokers IG
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 1 1
Deposit from 10 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

# Interactive brokers IG
Desktop Platform (Windows) Yes 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

# Interactive brokers 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 Yes Yes
Trading Tools rating 100% 100%
Winner

Mobile Trading

# Interactive brokers IG
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields Yes Yes
SMS alerts Yes Yes
Mobile Trading Yes Yes
Mobile Trading rating 100% 100%
Winner

Research

# Interactive brokers 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 Yes No
Research Yes No
Research rating 83% 50%
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Education

# Interactive brokers 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 Yes Yes
Education rating 100% 83%
Winner

Major Forex Pairs

# Interactive brokers 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

# Interactive brokers IG
Gold Yes Yes
Silver Yes Yes
WIT Oil Yes Yes
Brent Oil Yes Yes
Coffee Yes Yes
Cocoa Yes Yes
Soybeans Yes Yes
Rice Yes Yes
Corn Yes Yes
Platinum Yes Yes
Palladium Yes Yes
Commodities rating 100% 100%
Winner

Indices

# Interactive brokers 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

# Interactive brokers 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%
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Regulations

# Interactive brokers IG
Cysec No No
ASIC (Australia) No Yes
FCA (UK) No Yes
Authorised in the European Union (EU) Yes No
CFTC Registered (USA) No No
FINMA (Switzerland) No No
Regulations rating 17% 33%
Winner

Support

# Interactive brokers IG
Chat Yes Yes
Phone Yes Yes
Mail Yes Yes
Support rating 100% 100%
Winner

Overall

# Interactive brokers IG
Link Interactive brokers IG
Win / Loss % 50% 55%
Winner