IG Group vs SimpleFX

IG Group vs SimpleFX Comparison Table 2021
IG Group SimpleFX
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. SimpleFX is a CFD broker offering its own SFX WebTrader platform & low fees.
Forex trading involves risk. Losses can exceed deposits
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
None 50% spread cashback
Instruments
Stocks, Digital Options, Futures, Spreadbetting, Options, CFD, Forex, REITs Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
£250 $0
Payment Methods
Credit Card, JCB Card, Mastercard, MoneyGram, PayPal, Wire Transfer Bitcoin Payments, FasaPay, Neteller, Skrill
Minimum Trade
£1 0.01 lots
Regulator
FCA, MAS None
Margin Trading
No No
MetaTrader 4
Yes Yes
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 -
AI / Machine Learning
Yes -
Robo Advisor
Yes -
Negative Balance Protection
No -
Market Maker
No -
P2P Trading
No -
Spot Trading
Yes No
Mobile Apps
iOS, Android Yes
Auto Trading
Yes Yes
Trade Signals
Yes (Via Chartist Software) Yes
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
Yes -
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF -
CFD
Leveraged CFD products are available in multiple financial markets.
Leverage
1:30 EU, 1:200 1:500
FTSE Spread
1 pt 1.3
GBPUSD Spread
0.9 pips 1.2
Oil Spread
3 pips 0.03
Stocks Spread
0.1% Var Variable
Forex
Trade currency pairs with tight spreads and 1:500 leverage.
GBPUSD Spread
0.9 pips 1.2
EURUSD Spread
0.6 pips 0.9
EURGBP Spread
2 pips 0.9
Assets
90+ 60
Cryptocurrency
Crypto trading not offered Trade crypto and US Dollar CFDs.
Spread
From 0.0001
Coins
BTC, BHC, LTC, ETH, ETC, XRP, LNK
Crypto Lending
No -
Crypto Mining
No -
Auto Market Maker
No -
Forex trading involves risk. Losses can exceed deposits