GoFX vs IG Group

GoFX vs IG Group Comparison Table 2023
GoFX IG Group
WINNER
IG Group is the better broker
3.4
United States Flag Traders from US not accepted
4.4
United States Flag Traders from US accepted
GoFX is an online broker aimed at traders from Thailand. Multiple account tiers, no deposit bonuses and loyalty promos available. 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
  • Full range of investments
  • Low minimum deposit
  • No demo account
  • MT4 integration
Cons
  • Weak regulatory oversight
  • No copy trading
Awards
  • Fastest Growing Broker 2021 - Forex 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
Bonus
$50 No Deposit Bonus
Instruments
Forex, Cryptos, CFDs on Stocks, Indices & Commodities Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting
Demo Account
Yes Yes
Minimum Deposit
$5 £250
Payment Methods
Minimum Trade
0.01 Lots 0.1 lots
Regulator
FSA 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 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
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs Yes
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes (via MT4) Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Islamic Account
Yes No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Speculate on several markets without owning the underlying asset. High leverage available. Trade leveraged CFDs on a variety of assets including stocks, commodities and forex
Leverage
1:3000 1:30
FTSE Spread
0.01 1.0 pt
GBPUSD Spread<
0.00001 from 0.589 pips
Oil Spread
0.01 2.8 pips
Stocks Spread
Variable Variable
Forex Trading
Trade major and minor currency pairs on the MT4 platform. 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
0.00001 from 0.589 pips
EURUSD Spread
0.00001 from 0.165 pips
EURGBP Spread
0.00001 from 0.540 pips
Assets
28 90+
Cryptocurrency
Trade popular cryptos with USD cross pairs. Trade four major cryptocurrencies paired with USD
Spread
0.0001 Variable
Coins
  • BTC
  • ADA
  • ETH
  • LTC
  • DOG
  • XRP
  • 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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