IG Group vs Interactive Investor

IG Group vs Interactive Investor Comparison Table 2023
IG Group Review 2023 Interactive Investor Review 2023
4.4

IG Group is #2 in our CFD broker rankings.

4.6
United States Flag Traders from US accepted
United States Flag Traders from US not 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.

Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.

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." "Interactive Investor is an excellent pick for UK traders interested in longer-term investing products like ISAs and SIPP accounts. The low fixed fees for large portfolios and 40,000+ stocks will also appeal to traders with a decent bankroll."
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
  • FCA-regulated
  • No minimum deposit
  • 40,000+ stocks and shares
  • Excellent market research
  • User-friendly investment app
  • Low fixed fees for large portfolios
  • Multiple payment methods including bank cards
  • Highly rated and trusted by 400,000 investors
  • Less than 1 minute average wait time for customer support
Cons
  • Inactivity charge
  • No copy trading platform
  • No free demo account
  • No copy trading tools
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
  • Investment Platform of the Year 2022
  • Best Low-cost SIPP 2022
  • Shareholder Rights Champion 2022
  • Best Low Cost Stockbroker 2022
  • Retail Investor Champion of the Year 2021
  • Best Low Cost Stockbroker 2021
  • Best Stocks and Shares ISA provider 2021
  • Best Stocks & Shares ISA Provider 2020
  • Best Stockbroker for International Dealing 2020
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
Yes No
Minimum Deposit
$0 £0
Trading Platforms
  • MT4
  • AutoChartist
  • TradingCentral
  • Own
Payment Methods
Minimum Trade
0.01 Lots £25
Regulator
FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA FCA
Margin Trading
Yes No
Margin Rate
2.5%
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 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 Ready-Made Portfolios
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 Yes
Custodial Account
No Yes
Guaranteed Stop Loss
Yes No
Inactivity Fee
$12 $0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • SEK
  • DKK
  • CHF
  • HKD
  • SGD
  • GBP
Stock Exchanges
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. 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. Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • BCH
  • LTC
  • ETH
  • ADA
  • DOT
  • DOGE
  • LINK
  • UNI
  • XLM
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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IG Group
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