Firstrade vs IG Group

Firstrade vs IG Group Comparison Table 2023
Firstrade IG Group
4

Firstrade is #27 in our broker rankings.

4.4

IG Group is #2 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

Firstrade is a US-headquartered discount broker-dealer. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage.

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
Pros
  • Low minimum deposit
  • Good execution speed
  • Strong regulatory oversight
Cons
  • No demo account
  • No copy trading
  • No MT4 integration
  • Few payment methods
  • Narrow range of investments
Awards
  • Best for ETF & Active Investor Commission & Fees - 2019
  • 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
Bonus
Deposit Bonus Up To $4000
Instruments
Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting
Demo Account
No Yes
Minimum Deposit
$0 £250
Payment Methods
Minimum Trade
$1 0.1 lots
Regulator
SEC, FINRA FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Margin Trading
Yes Yes
Margin Rate
4.50%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
Yes 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
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
Yes No
Guaranteed Stop Loss
No Yes
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade leveraged CFDs on a variety of assets including stocks, commodities and forex
Leverage
1:30
FTSE Spread
1.0 pt
GBPUSD Spread<
from 0.589 pips
Oil Spread
2.8 pips
Stocks Spread
Variable
Forex Trading
Forex trading not offered 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
from 0.589 pips
EURUSD Spread
from 0.165 pips
EURGBP Spread
from 0.540 pips
Assets
90+
Cryptocurrency
Take positions on 35+ cryptocurrencies with low fees and 24/7 investing. Trade four major cryptocurrencies paired with USD
Spread
Variable Variable
Coins
  • ALGO
  • AVAX
  • BAT
  • BTC
  • BCH
  • ADA
  • LINK
  • ATOM
  • CRO
  • CRV
  • MANA
  • DOGE
  • ETH
  • ETC
  • FTM
  • LTC
  • LRC
  • MATIC
  • REN
  • SHIB
  • SOL
  • XLM
  • SUSHI
  • GRT
  • UNI
  • YFI
  • BTC
  • BCH
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Forex trading involves risk. Losses can exceed deposits
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