IG Group vs OctaFX

IG Group vs OctaFX Comparison Table 2021
IG Group OctaFX
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. OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
Forex trading involves risk. Losses can exceed deposits
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best ECN/STP Broker 2019 - FXDaily Info
Best Forex Broker Asia 2019 - FXDaily Info
Best Forex Broker Asia 2018 - Global Banking & Finance Review
Best FX Broker 2018 - European CEO Magazine
Best Trading Conditions 2018 - European CEO Magazine
Best Copy Trading Platform 2018 - Forex-Awards.com
Best Forex ECN Broker 2017 - UK Finance Awards
Best Trading Conditions 2016 - Forex Report Magazine
Bonus
None 50% deposit bonus
Instruments
Stocks, Digital Options, Futures, Spreadbetting, Options, CFD, Forex, REITs Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
£250 $100
Payment Methods
Credit Card, JCB Card, Mastercard, MoneyGram, PayPal, Wire Transfer Credit Card, Doku Wallet, Mastercard, MoneyGram, Paysafecard, Perfect Money, Vietcombank Transfer, Visa, Western Union, Wire Transfer, WorldPay
Minimum Trade
£1 0.01 lots
Regulator
FCA CySEC
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No Yes
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
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) Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
Yes No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
No Yes
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF -
CFD
Trade on the financial markets with CFDs.
Leverage
1:30 EU, 1:200 1:30
FTSE Spread
1 pt 1.8
GBPUSD Spread
0.9 pips 1.1
Oil Spread
3 pips 1.1
Stocks Spread
0.1% Var Variable
Forex
OctaFX offers leveraged trading on currencies.
GBPUSD Spread
0.9 pips 1.1
EURUSD Spread
0.6 pips 0.7
EURGBP Spread
2 pips 2.1
Assets
90+ 28
Cryptocurrency
Crypto trading not offered Trade popular digital currencies at OctaFX.
Spread
Variable
Coins
BTC, LTC, ETH
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
Forex trading involves risk. Losses can exceed deposits