IG Group vs JFD Bank
IG | JFD Bank |
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4.4
IG is #4 in our CFD broker rankings. |
2.3
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Traders from US accepted |
Traders from US not accepted
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Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders. |
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. | |
Customer Reviews | |
4
Based on 2 IG customer reviews
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Comment by Reviewer | |
"IG continues to provide a comprehensive package with an intuitive web platform and best-in-class education for beginners, plus advanced charting tools, real-time data, and fast execution speeds for experienced day traders." | "JFD Bank will suit traders familiar with the MetaTrader platforms looking to speculate on a wide range of instruments, especially stocks." |
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, CFDs, indices, shares, commodities, cryptocurrencies, ETFs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $500 |
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 | 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 |
App Review | |
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. It also offers guaranteed stops – an important risk management tool not available on many apps we’ve tested. |
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Android App Rating | |
4 |
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iOS App Rating | |
4.6 |
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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 | |
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Stock Exchanges | |
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Commodities | |
CFD Trading | |
IG offers a huge selection of 17,000+ CFDs, providing more trading opportunities than most CFD brokers. Traders can go long or short on popular markets like stocks, currencies, commodities and cryptos, while custom price alerts and the IG Academy continue to 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 an above-average suite of 80+ currency pairs on its proprietary web platform, mobile app or MetaTrader 4, with more advanced charts and forex analysis tools available on the ProRealTime software. Forex spreads are competitive based on tests, starting from 0.1 pips on majors like the EUR/USD. | 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. |
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GBPUSD Spread | |
0.9 | 3.5 |
EURUSD Spread | |
0.8 | 1.8 |
EURGBP Spread | |
0.9 | 1.3 |
Assets | |
80+ | 66 |
Currency Indices | |
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Cryptocurrency | |
IG's modest selection of 11 crypto CFDs trails top crypto brokers like Vantage which offers 40+ tokens. That said, it stands out with its crypto index, which tracks the value of the top 10 digital currencies by market cap and provides a holistic way to speculate on the value of the crypto market. | 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 | |
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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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