Switch Markets vs IG Group

Switch Markets vs IG Group Comparison Table 2023
Switch Markets IG Group
Not Yet Rated
4.4

IG Group is #2 in our CFD broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies.

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 over 47 year track record of excellence.

Forex trading involves risk. Losses can exceed deposits
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
Bonus
100% Deposit Bonus
Instruments
Stocks, CFD, Forex, Crypto Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting
Demo Account
Yes Yes
Minimum Deposit
$50 £250
Payment Methods
Minimum Trade
$1 0.1 lots
Regulator
ASIC FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
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 No
Negative Balance Protection
Yes Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes - Equinix Yes
Copy Trading
Yes No
Copy Trading Platform
Switch Markets offers copy trading services with low fees via the MetaTrader 4 terminal.
Social Trading
Yes No
Trade Signals
MT4 Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • SGD
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Switch Markets offers CFDs on stocks, indices and commodities. Trade leveraged CFDs on a variety of assets including stocks, commodities and forex
Leverage
1:500 1:30
FTSE Spread
1.2 1.0 pt
GBPUSD Spread<
0.5 from 0.589 pips
Oil Spread
2.0 2.8 pips
Stocks Spread
Variable Variable
Forex Trading
Switch Markets offer 60+ currency pairs, including majors, minors and exotics. Trade a range of major, minor and exotic currencies
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
0.5 from 0.589 pips
EURUSD Spread
0.1 from 0.165 pips
EURGBP Spread
0.6 from 0.540 pips
Assets
60+ 90+
Cryptocurrency
Switch Markets offers four cryptocurrencies with competitive fees. Trade four major cryptocurrencies paired with USD
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • LTC
  • ETH
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
More Comparisons
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