IG Group vs Fortrade

IG Group vs Fortrade Comparison Table 2022
IG Group Fortrade
WINNER
IG Group is the better broker
4.4
United States Flag Traders from US accepted
Not Yet Rated
United States Flag Traders from US not accepted
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. Fortrade is a multi-asset broker offering a simple live account with advanced trading tools and daily analysis features.
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
Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds
Demo Account
Yes Yes
Minimum Deposit
£250 $100
Payment Methods
Minimum Trade
0.1 lots 0.01 Lots
Regulator
FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin FCA, ASIC, CySEC, NBRB, FSC, IIROC
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
Yes No
eSignal
No No
Trading Central
Yes Yes
STP Account
No No
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes Yes (EAs)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$10
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs on a variety of assets including stocks, commodities and forex Trade multiple financial assets with flexible leverage
Leverage
1:30 1:30 (varies by entity)
FTSE Spread
1.0 pt 2
GBPUSD Spread<
from 0.589 pips 2
Oil Spread
2.8 pips 0.04
Stocks Spread
Variable Variable
Forex Trading
Trade a range of major, minor and exotic currencies Trade 50+ major and minor forex pairs
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.

The Fortrader mobile app can be used to trade 50+ currency pairs. Clients can also access daily market insights and manage deposits and withdrawals via the application. The forex trading app is available from the Apple App Store and Google Play.

GBPUSD Spread
from 0.589 pips 2
EURUSD Spread
from 0.165 pips 2
EURGBP Spread
from 0.540 pips 3
Assets
90+ 50+
Cryptocurrency
Trade four major cryptocurrencies paired with USD Trade four leading crypto coins against the US Dollar
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • BTC
  • DSH
  • 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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