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IG Group vs FXChoice

IG Group vs FXChoice Comparison Table 2023
IG Group FXChoice
Review
4.4

IG Group is #2 in our CFD broker rankings.

Review
4.3
United States Flag Traders from US accepted
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.

FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads and online CFD trading.

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
  • Exceptional Customer Service 2019 - 2021 - LiveHelpNow
Bonus
50% or 65% Welcome Deposit Bonus
Instruments
Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting CFDs, Forex, Indices, Commodities, Cryptocurrencies, Shares
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 FSC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
No No
ECN Account
No Yes
DMA Account
Yes No
MAM Account
No Yes
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 Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
FXChoice has partnered with ZuluTrade to offer copy trading solutions to all account holders.
Social Trading
No Yes
Trade Signals
Yes Yes - MQL5
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs on a variety of assets including stocks, commodities and forex FXChoice offers leveraged CFD products on a breadth of financial markets.
Leverage
1:30 1:200
FTSE Spread
1.0 pt From $18.53
GBPUSD Spread<
from 0.589 pips From $8
Oil Spread
2.8 pips From $40
Stocks Spread
Variable Variable
Forex Trading
Trade a range of major, minor and exotic currencies Trade 36 forex pairs, including the US Dollar and Euro.
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.

MT4 and MT5 apps are available to download form the Apple and Google Play stores. Both applications offers one-click trading, advanced charts and graphs, built-in support, plus instant and pending order types. MT4 is best suited to forex beginners while MT5 will meet the needs of experienced FX traders.
GBPUSD Spread
from 0.589 pips From $8
EURUSD Spread
from 0.165 pips From $5
EURGBP Spread
from 0.540 pips From $6.95
Assets
90+ 36
Cryptocurrency
Trade four major cryptocurrencies paired with USD FXChoice offers trading on leading crypto cross pairs with the US Dollar.
Spread
Variable 0.11 - 3.0 pips
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • BTC
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
Review
Review
Forex trading involves risk. Losses can exceed deposits
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