Saxo Bank vs IG Group

Saxo Bank vs IG Group Comparison Table 2021
Saxo Bank IG Group
A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.
Forex trading involves risk. Losses can exceed deposits
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs Stocks, Digital Options, Futures, Spreadbetting, Options, CFD, Forex, REITs
Demo Account
Yes Yes
Minimum Deposit
$10000 £250
Payment Methods
Credit Card, JCB Card, Mastercard, Visa, Wire Transfer Credit Card, JCB Card, Mastercard, MoneyGram, PayPal, Wire Transfer
Minimum Trade
Vary by asset £1
Regulator
DFSA, MAS, FCA, SFC FCA, MAS
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
SaxoTraderGo (iOS, Android, Windows) iOS, Android
Auto Trading
- Yes
Trade Signals
Yes Yes (Via Chartist Software)
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF
CFD
Leverage
1:30 1:30 EU, 1:200
FTSE Spread
1.2 pts (Variable) 1 pt
GBPUSD Spread
0.7 (var) 0.9 pips
Oil Spread
0.03 3 pips
Stocks Spread
0.10% (subject to min commission) 0.1% Var
Forex
GBPUSD Spread
0.7 (varies by region) 0.9 pips
EURUSD Spread
0.2 (varies by region) 0.6 pips
EURGBP Spread
0.6 (varies by region) 2 pips
Assets
40+ 90+
Forex trading involves risk. Losses can exceed deposits