IG Group vs Firstrade

IG Group vs Firstrade Comparison Table 2023
IG Group Review 2023	Firstrade Review 2023
Review 4.4 IG Group is #2 in our CFD broker rankings.	Review 4 Firstrade is #23 in our broker rankings.
Traders from US accepted	Traders from US accepted
IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.	Firstrade is a US-headquartered discount broker-dealer with authorization from the SEC. The company is also a member of FINRA/SIPC. With welcome bonuses, powerful tools and apps, plus commission-free trading, Firstrade Securities is a popular online brokerage. It is also quick and easy to open a new account.
Forex trading involves risk. Losses can exceed deposits.
Bonus Offer
	Deposit Bonus Up To $4000
Promotions
	Get $200 In Transfer Fee Rebates When You Switch To Firstrade
Comment by Reviewer
"IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 17,000+ markets and top-tier market research."	"We recommend Firstrade for beginner investors looking to trade US stocks with no commissions. There is a wealth of free education plus premium-quality research and trading ideas from Morningstar, Briefing.com, Zacks and Benzinga."
Pros
IG is an LSE-listed company with a transparent financial history and a great track record Over 17,000 assets are available spanning stocks, forex, commodities, baskets, futures, options and more IG offers great educational materials including an extensive library of training and support on how to day trade successfully Users have access to a comprehensive range of charts, market news, client sentiment data, and analysis tools Share dealing and ISAs are available for longer term investing Opening an account takes less than 5 minutes 24/5 customer support is available	SIPC member Low OTC fees Crypto trading Premarket trading Accepts US traders No minimum deposit Commission-free investing Regulated by SEC and FINRA Multiple customer support options Access to education, research, and tools Stop limit and trailing stop orders supported Mobile app with advanced features and analysis
Cons
Inactivity charge No copy trading platform	No copy trading Some withdrawal fees No 24/7 customer support No forex or futures trading No demo/paper trading account Visa Credit/debit card deposits and withdrawals not accepted
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	Best for ETF & Active Investor Commission & Fees - 2019
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting	Stocks, ETFs, Options, Mutual Funds, Bonds, Cryptos, Fixed
Demo Account
Yes	No
Minimum Deposit
$0	$0
Trading Platforms
MT4 AutoChartist TradingCentral	Own
Payment Methods
Credit Card Debit Card Mastercard PayPal Visa Wire Transfer	ACH Transfer Automated Customer Account Transfer Service Cheque Wire Transfer
Minimum Trade
0.01 Lots	$1
Regulator
FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA	SEC, FINRA
Margin Trading
Yes	Yes
Margin Rate
2.5%	4.50%
STP Account
No	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	No
Negative Balance Protection
Yes	No
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	Yes
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$12
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD JPY ZAR SEK DKK CHF HKD SGD	USD
Stock Exchanges
Australian Securities Exchange Borsa Italiana Bombay Stock Exchange Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Tadawul Toronto Stock Exchange Taiwan Stock Exchange	Nasdaq New York Stock Exchange
Commodities
Aluminium Coffee Cannabis Copper Gold Iron Lithium Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Sugar Wheat
CFD Trading
IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience.	CFD trading not offered
Leverage
1:30 (Retail), 1:250 (Pro)
FTSE Spread
1.0
GBPUSD Spread
0.9
Oil Spread
2.8
Stocks Spread
0.02
Forex Trading
IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime.	Forex trading not offered
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
0.9
EURUSD Spread
0.8
EURGBP Spread
0.9
Assets
80+
Currency Indices
USD
Cryptocurrency
11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs.	Take positions on dozens of leading cryptocurrencies with low fees and 24/7 investing. Traders need just $1 to start speculating on popular tokens like Bitcoin. Clients can also buy cryptos instantly in a few straightforward steps.
Spread
Variable	Variable
Coins
BTC BCH LTC ETH ADA DOT DOGE LINK UNI XLM	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
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
Forex trading involves risk. Losses can exceed deposits.
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IG Group vs	Firstrade vs