Your capital is at risk. Trade only with funds you can afford to lose.
IG
#22 in our CFD broker rankings
Accepts traders from Angola
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Rating breakdown
- Regulation & trust4.42.1 higher than Alpari (2.3)
- Assets & markets4.51.2 higher than Alpari (3.3)
- Fees & costs5.02.0 higher than Alpari (3.0)
- Platforms & tools4.92.1 higher than Alpari (2.8)
- Accounts & banking4.01.0 higher than Alpari (3.0)
- Education5.03.5 higher than Alpari (1.5)
- Research4.92.9 higher than Alpari (2.0)
- Customer support4.51.7 higher than Alpari (2.8)
Alpari’s score. Numbers show the difference.
Alpari
#70 in our CFD broker rankings
Accepts traders from Angola
Rating breakdown
- Regulation & trust2.32.1 lower than IG (4.4)
- Assets & markets3.31.2 lower than IG (4.5)
- Fees & costs3.02.0 lower than IG (5.0)
- Platforms & tools2.82.1 lower than IG (4.9)
- Accounts & banking3.01.0 lower than IG (4.0)
- Education1.53.5 lower than IG (5.0)
- Research2.02.9 lower than IG (4.9)
- Customer support2.81.7 lower than IG (4.5)
IG’s score. Numbers show the difference.
| IG | Alpari | |
|---|---|---|
| Overview | Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers a top-tier selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders. | Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders. |
| Customer Reviews | Based on 3 customer reviews | Based on 1 customer reviews |
| Trustpilot Score | – | |
| Bonus Offer | – | 30% up to $100 (terms apply) |
| Comment by Reviewer | “IG continues to provide a comprehensive package with an intuitive web platform, best-in-class education for beginners, advanced charting tools bolstered by its recent TradingView integration, real-time data, and robust trade execution for experienced day traders.” | “Alpari will suit short-term traders with a low $30 deposit and user-friendly charting tools. Forex traders also benefit from tight spreads while the broker's PAMM service will appeal to hands-off investors.” |
| Pros |
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| Cons |
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| Instruments | CFDs (not in US), Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting (UK only) | Forex, CFDs, Stocks, Commodities, Indices, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $0 | $30 |
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| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA | MISA, NBRB |
| Margin Trading | Yes | Yes |
| Margin Rate | 1.0% – 1.5% for Forex, 3.0% – 3.4% for Shares, Indices, and Commodities | – |
| STP Account | No | No |
| 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 | Yes | No |
| Robo Advisor | Yes | No |
| Negative Balance Protection | Yes | No |
| Market Maker | Yes | No |
| P2P Trading | No | No |
| Spot Trading | Yes | Yes |
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | 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. It also offers guaranteed stops – an important risk management tool not available on many apps we’ve tested. | – |
| Android App Rating | ||
| iOS App Rating | ||
| Auto Trading | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | No | Yes |
| Copy Trading Platform | – | Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals. |
| Social Trading | No | No |
| Trade Signals | Yes | – |
| VPS Hosting | Yes | No |
| Tournaments | No | No |
| Demo Competitions | No | Yes |
| Ethical Investing | Yes | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | Yes | No |
| Inactivity Fee | $12 | $5 |
| Islamic Account | No | Yes |
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| CFD Trading | ||
| Overview | IG offers a huge selection of 17,000+ CFDs, providing more trading opportunities than most CFD brokers. Traders can go long or short on popular markets like stocks, currencies, commodities and cryptos, while custom price alerts and the IG Academy continue to enhance the trading experience. | Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service. |
| Leverage | 1:30 (Retail), 1:250 (Pro) | 1:3000 |
| FTSE Spread | 1.0 | 13 |
| GBPUSD Spread | 0.9 | 0.7 |
| Oil Spread | 2.8 | 4.0 |
| Stocks Spread | 0.02 | 2.0 |
| Forex Trading | ||
| Overview | IG offers an above-average suite of 80+ currency pairs on its proprietary web platform, mobile app or MetaTrader 4, with more advanced charts and forex analysis tools available on the ProRealTime software. Forex spreads are competitive based on tests, starting from 0.1 pips on majors like the EUR/USD. | Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available. |
| GBPUSD Spread | 0.9 | 0.7 |
| EURUSD Spread | 0.86 | 0.4 |
| EURGBP Spread | 0.9 | 0.6 |
| Assets | 80+ | 50+ |
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| Cryptocurrency | ||
| Overview | IG offers a growing selection of over 100 crypto CFDs and digital assets for buying, selling and storing. It also stands out with its crypto index, which tracks the value of the top 10 digital currencies by market cap and provides a holistic way to speculate on the value of the crypto market. Its crypto offering was also bolstered in the UK after it secured a digital asset license from the FCA, providing trading and investing on popular crypto coins in a regulated setting. It has also expanded its spot crypto offering to Australia, France, and Singapore. | Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends. |
| Spread | Variable | 1 |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.