RoboMarkets vs IG Group

RoboMarkets vs IG Group Comparison Table 2023
RoboMarkets	IG Group
Review 3 We do not recommend RoboMarkets. Customer Service performed very badly in our experience.	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
RoboMarkets is a Cyprus-based forex, CFD and stock broker aimed at traders from Europe. The broker offers thousands of instruments across six asset classes and provides access to four leading platforms, including MetaTrader 4. With ECN pricing, Cent accounts and algorithmic trading tools, RoboMarkets caters to a range of trading strategies and investing styles.	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.
Comment by Reviewer
"RoboMarkets will appeal to traders from the EU and UK. A wide range of accounts and funding options alongside 12,000+ assets make it suitable for both beginners and experienced traders."	"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
Wide selection of flexible and fee-free payment methods, including bank cards and e-wallets in multiple currencies Remote VPS server with 24/7 high-speed connection, ideal for traders using Expert Advisors Raw ECN spreads from 0 pips alongside low to zero commissions on popular markets Reputable CySEC license means traders receive excellent fund safety measures Trading platforms will suit a range of strategies such as scalping and algo trading No inactivity fee or account maintenance charges Automated dividend payments Fractional stock trading	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
European traders only Very weak customer support Withdrawal fees apply to various methods Small selection of educational materials compared to other brokers	Inactivity charge No copy trading platform
Awards
Safest European Broker - London Trader Show Awards Best Mobile Trading Platform - Professional Trader Awards Best ECN Broker (Europe) - Global Brands Magazine Awards Most Trusted European Broker - Global Forex Awards Retail Best Indices Broker - International Business Magazine 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
Instruments
Forex, CFDs, indices, shares, commodities, ETFs	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$100	$0
Trading Platforms
MT4 MT5 TradingView	MT4 AutoChartist TradingCentral
Payment Methods
Boleto Credit Card ecoPayz FasaPay Giropay Mastercard Neteller PayPal Rapid Transfer Skrill Visa WebMoney Wire Transfer	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC	FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA
Margin Trading
Yes	Yes
Margin Rate
	2.5%
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	Yes
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
Yes	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	Yes
Negative Balance Protection
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime
Copy Trading
Yes	No
Copy Trading Platform
RoboMarkets offers a bespoke copy trading service - CopyFX. Clients can use the broker's leaderboard to pick traders and strategies to follow.
Social Trading
Yes	No
Trade Signals
Yes	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
	$12
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CHF PLN CZK	USD EUR GBP CAD AUD JPY ZAR SEK DKK CHF HKD SGD
Stock Exchanges
Deutsche Boerse IBEX 35 Japan Exchange Group New York Stock Exchange	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
Gold Natural Gas Silver	Aluminium Coffee Cannabis Copper Gold Iron Lithium Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Sugar Wheat
CFD Trading
Trade all markets via CFDs, with retail leverage up to 1:30. With the RStocks Trader account, clients can access over 12,000 CFDs with algorithmic analysis tools and intuitive charts.	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
1:30 (Retail), 1:300 (Pro)	1:30 (Retail), 1:250 (Pro)
FTSE Spread
0.5	1.0
GBPUSD Spread
2.0	0.9
Oil Spread
4.4	2.8
Stocks Spread
Variable	0.02
Forex Trading
Start trading on dozens of currencies at RoboMarkets with powerful analysis tools and pattern recognition technology. 35+ currency pairs are available with tight spreads from 0 pips and rapid market execution. You can also utilise the broker's forex news alerts and economic calendar.	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
2.0	0.9
EURUSD Spread
1.4	0.8
EURGBP Spread
1.6	0.9
Assets
35+	80+
Currency Indices
	USD
Cryptocurrency
Crypto trading not offered	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
Variable	Variable
Coins
ADA ATOM BNB BTC DOT ETH LUNA MANA SOL	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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