PrimeXBT vs IG Group

PrimeXBT vs IG Group Comparison Table 2023
PrimeXBT	IG Group
Review 4.1	Review 4.4 IG Group is #3 in our CFD broker rankings.
Traders from US not accepted See available CFD brokers	Traders from US accepted
PrimeXBT is a multi-asset platform offering highly leveraged trading in forex, indices, commodities and cryptocurrencies. The company launched in 2018 and now has over 1 million users from more than 150 countries. With no minimum deposit, copy trading features and low commissions, the broker has become popular among new and experienced traders.	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.
	Forex trading involves risk. Losses can exceed deposits.
Bonus Offer
$100 Deposit Bonus
Promotions
Enter PrimeXBT Virtual Contests To Win Real Prizes
Comment by Reviewer
"PrimeXBT is great for investors looking to buy and trade derivatives on a wide range of cryptocurrencies. The brand is also a good pick for newer investors looking for copy trading."	"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 17,000+ markets and top-tier market research."
Pros
Excellent platform and app which provide access to a mix of traditional and digital assets High trust score with a secure track record and no client funds stolen The long list of cryptos available provides plenty of trading opportunities Demo trading competitions with cash prizes Easy-to-use copy trading tool	IG is an LSE-listed company with a transparent financial history and a great track record Over 17,000 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
BTC withdrawal fee No regulatory oversight No MetaTrader 4 integration No telephone customer support	Inactivity charge No copy trading platform
Awards
Best Crypto Trading App Best Platform For Margin Trading Most Trusted Crypto Asset Trading Platform Best Crypto And Forex Broker	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
Instruments
CFDs, Cryptos, Forex, Indices, Commodities, Futures	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Trading Platforms
Own	MT4 AutoChartist TradingCentral
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
	FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
Margin Trading
Yes	Yes
Margin Rate
	2.5%
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	Yes
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime
Copy Trading
Yes	No
Copy Trading Platform
PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals. Once you have found a suitable trader you simply need to hit 'follow' to get started.
Social Trading
Yes	No
Trade Signals
No	Yes
VPS Hosting
No	Yes
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$0	$12
Islamic Account
No	No
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD JPY ZAR SEK DKK CHF HKD SGD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq S&P 500	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
Commodities
Copper Gold Natural Gas Oil Silver Zinc	Aluminium Coffee Cannabis Copper Gold Iron Lithium Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Sugar Wheat
CFD Trading
Trade CFDs across four asset classes with leverage up to 1:1000. Beginners can also take advantage of the broker's useful technical analysis guides and CFD education, plus 24/7 in-platform support via live chat.	IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience.
Leverage
1:1000	1:30 (Retail), 1:250 (Pro)
FTSE Spread
Variable	1.0
GBPUSD Spread
Variable	0.9
Oil Spread
Variable	2.8
Stocks Spread
Variable	0.02
Forex Trading
Go long or short on 50 forex pairs including the EUR/USD and GBP/USD with zero commissions. There are plenty of opportunities to buy and sell currencies via margin or copy 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.
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
Variable	0.9
EURUSD Spread
Variable	0.8
EURGBP Spread
Variable	0.9
Assets
45+	80+
Currency Indices
	USD
Cryptocurrency
Trade popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. Another bonus is that you can join 10,000+ traders in crypto trading contests with real prizes.	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.
Spread
0.05% BTC, 0.05% ETH	Variable
Coins
BTC LTC ETH XRP EOS ADA DOT SOL UNI LINK DOGE BNB ICP SAND more	BTC BCH LTC ETH ADA DOT DOGE LINK UNI XLM
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.
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