IG Group vs Global Prime
| IG Group | Global Prime |
|---|---|
4.4
IG Group is #3 in our CFD broker rankings. |
3.8
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 Traders from US accepted |
Traders from US not accepted
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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. |
Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC. |
| Forex trading involves risk. Losses can exceed deposits. | |
| 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." | "Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting | Forex, indices, commodities, cryptocurrencies, shares, bonds |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | A$200 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA | ASIC, VFSC, FSA |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2.5% | |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| Yes | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| Yes | 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 | |
| Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | Yes |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $12 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
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| Commodities | |
| 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. | Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero. |
| Leverage | |
| 1:30 (Retail), 1:250 (Pro) | 1:200 |
| FTSE Spread | |
| 1.0 | 0.84 |
| GBPUSD Spread | |
| 0.9 | 0.64 |
| Oil Spread | |
| 2.8 | 1.6 |
| Stocks Spread | |
| 0.02 | Variable |
| 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. | Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server. |
| 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. |
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| GBPUSD Spread | |
| 0.9 | 0.75 |
| EURUSD Spread | |
| 0.8 | 0.16 |
| EURGBP Spread | |
| 0.9 | 0.85 |
| Assets | |
| 80+ | 48 |
| Currency Indices | |
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| 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. | Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche. |
| Spread | |
| Variable | Floating |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| Forex trading involves risk. Losses can exceed deposits. | |
| More Comparisons | |
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IG Group vs |
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