IG Group vs Interactive Brokers

IG Group vs Interactive Brokers Comparison Table 2021
IG Group Interactive Brokers
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 a 40 year track record of excellence. IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.
Forex trading involves risk. Losses can exceed deposits
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Bonus
None None
Instruments
Stocks, Digital Options, Futures, Spreadbetting, Options, CFD, Forex, REITs Stocks, Futures, E-minis, Options, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
£250 $10000
Payment Methods
Credit Card, JCB Card, Mastercard, MoneyGram, PayPal, Wire Transfer ACH Transfer, Apple Pay, Cheque, Credit Card, Google Pay, JCB Card, Mastercard, Samsung Pay
Minimum Trade
£1 $100
Regulator
FCA, MAS SEC, FCA, IIROC, SFC
Margin Trading
No Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
Yes Yes
ECN Account
Yes No
DMA Account
Yes Yes
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes Yes
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android iOS, Android and Windows
Auto Trading
Yes -
Trade Signals
Yes (Via Chartist Software) -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF
CFD
Leverage
1:30 EU, 1:200 1:50
FTSE Spread
1 pt 0.005% (£1 Min)
GBPUSD Spread
0.9 pips Commission (.20 pts x trade value)
Oil Spread
3 pips N/A
Stocks Spread
0.1% Var From 0.003 per share, variable
Forex
GBPUSD Spread
0.9 pips Commission (.20 pts x trade value)
EURUSD Spread
0.6 pips Commission (.20 pts x trade value)
EURGBP Spread
2 pips Commission (.20 pts x trade value)
Assets
90+ 70+
Cryptocurrency
Crypto trading not offered
Spread
Coins
BTC, LTC, ETH, XRP
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
Forex trading involves risk. Losses can exceed deposits