IG Group vs ThinkMarkets

IG Group vs ThinkMarkets Comparison Table 2023
IG Group ThinkMarkets
4.4

IG Group is #2 in our CFD broker rankings.

4
United States Flag Traders from US accepted
United States Flag 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
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
Commodities
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
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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