IG Group vs M1 Finance

IG Group vs M1 Finance Comparison Table 2021
IG Group M1 Finance
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. M1 Finance offers customizable and automated trading services for US investors.
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 $4,000 switching bonus
Instruments
Stocks, Digital Options, Futures, Spreadbetting, Options, CFD, Forex, REITs Stocks, ETFs, funds
Demo Account
Yes Yes
Minimum Deposit
£250 $100
Payment Methods
Credit Card, JCB Card, Mastercard, MoneyGram, PayPal, Wire Transfer Wire Transfer
Minimum Trade
£1 $1
Regulator
FCA, MAS FINRA, SEC
Margin Trading
No Yes
Margin Rate
2 - 3.5%
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes No
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 No
Mobile Apps
iOS, Android Yes
Auto Trading
Yes 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 -
CFD
CFD trading not offered
Leverage
1:30 EU, 1:200
FTSE Spread
1 pt
GBPUSD Spread
0.9 pips
Oil Spread
3 pips
Stocks Spread
0.1% Var
Forex
Forex trading not offered
GBPUSD Spread
0.9 pips
EURUSD Spread
0.6 pips
EURGBP Spread
2 pips
Assets
90+
Forex trading involves risk. Losses can exceed deposits