IG Group vs JFD Bank

IG Group vs JFD Bank Comparison Table 2023
IG Group Review 2023	JFD Bank Review 2023
Review 4.4 IG Group is #3 in our CFD broker rankings.	Review 2.3
Traders from US accepted	Traders from US not accepted See available CFD brokers
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.	JFD Bank is a one-stop multi-asset broker that offers trading on 1500+ instruments from 8 asset classes using the popular MetaTrader 4 and MetaTrader 5 and lesser-known Guidants trading platforms. With more than 60 forex pairs and 400 shares as well as indices, ETFs, commodities and cryptocurrencies, this broker provides the flexibility to build a diverse portfolio.
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."	"JFD Bank will suit traders familiar with the MetaTrader platforms looking to speculate on a wide range of instruments, especially stocks."
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	Powerful MetaTrader software will meet the needs of experienced traders Excellent range of products with 1500+ assets Regulated by the CySEC in Europe Free demo account for new users Commission-free stock trading Award-winning broker
Cons
Inactivity charge No copy trading platform	Customer support is not available on the weekend $500 minimum deposit is high for beginners Wide spreads on some forex pairs
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	Fastest Growing Forex Broker Europe 2020 - Global Banking & Finance Review Best OTC Brokerage Western Europe 2020 - International Business Magazine Fastest Growing Financial service company Western Europe 2020 - International Business Magazine
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting	Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$0	$500
Trading Platforms
MT4 AutoChartist TradingCentral	MT4 MT5
Payment Methods
Credit Card Debit Card Mastercard PayPal Visa Wire Transfer	Credit Card Mastercard Neteller SafeCharge Skrill Sofort Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA	CySEC, VFSC, BaFin
Margin Trading
Yes	No
Margin Rate
2.5%
STP Account
No	No
ECN Account
No	No
DMA Account
Yes	Yes
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	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime	Yes
Copy Trading
No	Yes
Copy Trading Platform
	JFD Bank offers mirror trading to retail investors with multiple providers and strategies to copy.
Social Trading
No	Yes
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
$12
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD JPY ZAR SEK DKK CHF HKD SGD	USD EUR GBP CHF
Stock Exchanges
Australian Securities Exchange Borsa Italiana Bombay Stock Exchange Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Tadawul Toronto Stock Exchange Taiwan Stock Exchange
Commodities
Aluminium Coffee Cannabis Copper Gold Iron Lithium Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Sugar Wheat	Gold Silver
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 on stocks, indices, commodities, ETFs and crypto, with leverage up to 1:30 for retail traders or 1:400 for professionals. Zero-fee CFDs are available on stocks and crypto, and spreads are floating.
Leverage
1:30 (Retail), 1:250 (Pro)	1:400
FTSE Spread
1.0	6.0
GBPUSD Spread
0.9	3.5
Oil Spread
2.8	Floating
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.	66 forex pairs are available including majors, minors and exotics. Spreads are variable and relatively wide at 3.5 for GBP/USD and 1.8 for EUR/USD when tested, and leverage for retail traders is limited by regulatory restrictions to 1:30.
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	3.5
EURUSD Spread
0.8	1.8
EURGBP Spread
0.9	1.3
Assets
80+	66
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.	JFD Bank offers CFDs on a narrow selection cryptocurrency pairs: BTC/USD, BCH/USD, ETH/USD and LTC/USD. Spreads are variable and clients can trade cryptos 24/7.
Spread
Variable	Floating
Coins
BTC BCH LTC ETH ADA DOT DOGE LINK UNI XLM	BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
Forex trading involves risk. Losses can exceed deposits.
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