IG Group vs ThinkMarkets

IG Group vs ThinkMarkets Comparison Table 2023
IG Group	ThinkMarkets
Review 4.4 IG Group is #2 in our CFD broker rankings.	Review 4
Traders from US accepted	Traders from US not 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.	ThinkMarkets is a multi-regulated forex and CFD broker
Forex trading involves risk. Losses can exceed deposits	71.89% of retail investor accounts lose money when trading CFDs with this provider.
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 18,000+ markets and top-tier market research."
Pros
IG is an LSE-listed company with a transparent financial history and a great track record Over 18,000 assets are available spanning stocks, forex, commodities, baskets, futures, options and more IG offers great educational materials including an extensive library of training and support on how to day trade successfully Users have access to a comprehensive range of charts, market news, client sentiment data, and analysis tools Share dealing and ISAs are available for longer term investing Opening an account takes less than 5 minutes 24/5 customer support is available
Cons
Inactivity charge No copy trading platform
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	Best CFD Provider 2021 - City of London Wealth Management Awards (COLWMA) Best Value Broker in Asia at the 2020 - Global Forex Awards Best Forex Trading Experience 2017 - UK Forex Awards Best Forex Trading Innovation 2017 - UK Forex Awards Best Customer Service 2013 - UK Forex Awards
Instruments
Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting	Forex, CFDs, ETFs, Futures, Shares, Commodities, Cryptocurrencies, Spread Betting (UK Only)
Demo Account
Yes	Yes
Minimum Deposit
£250	$0
Payment Methods
Credit Card Debit Card Mastercard PayPal Visa Wire Transfer	BPAY Credit Card Mastercard Neteller POLi Skrill Visa Wire Transfer
Minimum Trade
0.1 lots	0.01 lots
Regulator
FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin	FCA, ASIC, FSCA, CySEC, JFSA, FSA Seychelles
Margin Trading
Yes	No
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
Yes	Yes
eSignal
No	No
Trading Central
Yes	Yes
STP Account
No	Yes
ECN Account
No	No
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	Yes
Auto Trading
Yes	Yes - EAs compatible
Copy Trading
No	Yes
Social Trading
No	Yes
Trade Signals
Yes	No
VPS Hosting
Yes	Yes
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
Australian Securities Exchange Borsa Italiana Bombay Stock Exchange Deutsche Boerse Dow Jones Euronext Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Tadawul Toronto Stock Exchange Taiwan Stock Exchange	IBEX 35
Commodities
Aluminium Coffee Cannabis Copper Gold Iron Lithium Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Sugar Wheat	Gold
CFD Trading
IG offers an impressive suite of 18,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience.	CFDs are available on multiple markets, including FX, indices, shares, commodities & cryptocurrency
Leverage
1:30	1:500
FTSE Spread
1.0 pt	0.7
GBPUSD Spread
from 0.589 pips	0.4
Oil Spread
2.8 pips	0.03
Stocks Spread
Variable	From 0.4
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.	Trading available on 46 major, minor, and exotic currency 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	0.3 (ThinkZero) Variable
EURUSD Spread
from 0.165 pips	0.0 (ThinkZero) Variable
EURGBP Spread
from 0.540 pips	0.0 (ThinkZero) Variable
Assets
90+	46
Currency Indices
USD
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.	Trading on popular 20+ crypto coins, including Bitcoin, Ethereum & Dash. Leverage up to 1:10
Spread
Variable	BTC 25, ETH 6 (Variable)
Coins
BTC BCH LTC ETH ADA DOT DOGE LINK UNI XLM	BCH LTC XMR DOGE XLM BTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
Forex trading involves risk. Losses can exceed deposits	71.89% of retail investor accounts lose money when trading CFDs with this provider.
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