BMFN vs IG Group

BMFN vs IG Group Comparison Table 2022
BMFN IG Group
WINNER
IG Group is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
4.4
United States Flag Traders from US accepted
BMFN is an international CFD and forex broker offering MetaTrader 4 and UniTrader platforms and assets in commodities, currencies, ETFs and shares. IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
Forex trading involves risk. Losses can exceed deposits
Awards
  • Best Customer Service 2022 - Online Money Awards
  • Best Spread Betting Provider 2022 - Online Money Awards
  • Best Platform for the Active Trader 2022 - ADVFN International Financial Awards
  • Best Multi Platform Provider 2022 - ADVFN International Financial Awards
  • Best Finance App 2022 - ADVFN International Financial Awards
Instruments
Stocks, CFD, Forex, ETFs Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting
Demo Account
Yes Yes
Minimum Deposit
$50 £250
Payment Methods
Minimum Trade
1 lot 0.1 lots
Regulator
FCA, ASIC, FSP, VFSC FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No
TradingView
No
Autochartist
Yes
eSignal
No
Trading Central
Yes
STP Account
No No
ECN Account
No No
DMA Account
Yes Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
Yes No
Demat Account
No No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
Yes
Tournaments
No
Demo Competitions
No
Ethical Investing
Yes
Custodial Account
No
Guaranteed Stop Loss
Yes
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
BMFN facilitates CFD trading in a range of markets, including US equities, ETFs, commodities and indices. Trade leveraged CFDs on a variety of assets including stocks, commodities and forex
Leverage
1:400 1:30
FTSE Spread
1.0 pt
GBPUSD Spread<
1.8 from 0.589 pips
Oil Spread
2.2 2.8 pips
Stocks Spread
Variable
Forex Trading
BMFN supports forex trading in more than 20 major and minor currency pairs with variable and fixed spread account options. Trade a range of major, minor and exotic currencies
Forex App

IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.

GBPUSD Spread
1.8 from 0.589 pips
EURUSD Spread
1.5 from 0.165 pips
EURGBP Spread
4 from 0.540 pips
Assets
22 90+
Cryptocurrency
Crypto trading not offered Trade four major cryptocurrencies paired with USD
Spread
Variable
Coins
  • BTC
  • BCH
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No
Auto Market Maker
No No
Forex trading involves risk. Losses can exceed deposits
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