IG Group vs Mega Trader FX

IG Group vs Mega Trader FX Comparison Table 2022
IG Group Mega Trader FX
WINNER
IG Group is the better broker
4.4
United States Flag Traders from US accepted
Not Yet Rated
United States Flag Traders from US not accepted
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 over 47 year track record of excellence. Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.
Forex trading involves risk. Losses can exceed deposits
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
Bonus
20% deposit bonus up to $2,000
Instruments
Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting Forex, CFDs, indices, precious metals, energies
Demo Account
Yes Yes
Minimum Deposit
£250 $0
Payment Methods
Minimum Trade
0.1 lots 0.01 lots
Regulator
FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin CySEC
Margin Trading
Yes No
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
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
No 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
Yes Yes (EAs)
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 No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs on a variety of assets including stocks, commodities and forex CFD products are available on multiple financial markets.
Leverage
1:30 1:500
FTSE Spread
1.0 pt Variable
GBPUSD Spread<
from 0.589 pips 2.6
Oil Spread
2.8 pips Variable
Stocks Spread
Variable N/A
Forex Trading
Trade a range of major, minor and exotic currencies Online trading is available on major, minor and exotic FX pairs.
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
from 0.589 pips 2.6
EURUSD Spread
from 0.165 pips 1.9
EURGBP Spread
from 0.540 pips 2.5
Assets
90+ 54
Cryptocurrency
Trade four major cryptocurrencies paired with USD Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • BCH
  • LTC
  • ETH
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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