IG Group vs OANDA US
| IG Group | OANDA US |
|---|---|
4.4
IG Group is #3 in our CFD broker rankings. |
4.5
OANDA US is #5 in our broker rankings. |
 Traders from US accepted |
Traders from US 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. |
OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is regulated by trusted agencies, including the NFA/CFTC. Around the clock support is available, alongside flexible contract sizes and automated trade executions. |
| Forex trading involves risk. Losses can exceed deposits. | CFDs are not available to residents in the United States. |
| 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." | "OANDA is an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score." |
| Pros | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting | Forex, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA | NFA, CFTC |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2.5% | 2% |
| 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 | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS, Android + Web Trader |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | Expert Advisors (EAs) on MetaTrader |
| 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 |
| Inactivity Fee | |
| $12 | $0 |
| Islamic Account | |
| No | No |
| Account Currencies | |
|
|
| 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) | 1:50 |
| 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. | OANDA offers 68 forex pairs, more than many alternatives. The broker's in-house platform also offers impressive execution speeds and a suite of advanced charting and analysis tools. |
| 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. |
The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 68 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play. |
| GBPUSD Spread | |
| 0.9 | 3.4 |
| EURUSD Spread | |
| 0.8 | 1.6 |
| EURGBP Spread | |
| 0.9 | 1.7 |
| Assets | |
| 80+ | 65+ |
| Currency Indices | |
|
|
| 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. | Speculate on the world's biggest cryptos by market cap. Commissions are lower than many peers starting at 0.25%. Clients can spot trade cryptocurrencies on Paxos's itBit exchange through the OANDA platform via OANDA’s partnership with Paxos. Users can trade digital currencies in a few taps through the iOS and Android mobile app. |
| Spread | |
| Variable | $100 |
| Coins | |
|
|
| 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. | CFDs are not available to residents in the United States. |
| More Comparisons | |
|
IG Group vs |
OANDA US vs |