TopFX vs IG Group
| TopFX Review 2023 | IG Group Review 2023 |
|---|---|
3.3
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4.4
IG Group is #3 in our CFD broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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TopFX is a multi-regulated CFD broker with forex, indices, shares, commodities and ETFs traded via the MetaTrader 4 and cTrader platforms. Spreads are tight on the Zero account with competitive €5.50 round-turn commissions, and traders can be assured of fast execution and fair pricing from the broker's direct-market-access model. |
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 | |
| $50 No Deposit Bonus | |
| Comment by Reviewer | |
| "TopFX's competitive pricing and fast execution will suit experienced forex traders looking for good value and ultra-fast trading via an STP model." | "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 | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, indices, shares, metals, energies, ETFs, CFDs | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| $50 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| CySEC, FCA, FSA | FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2.5% | |
| STP Account | |
| Yes | No |
| ECN Account | |
| No | No |
| DMA Account | |
| Yes | 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 | |
| Yes | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | 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 | |
| TopFX offers low-cost copy trading tools to account holders through the cTrader platform. We like the real-time account and fund controls and the user-friendly interface which beats many alternatives. | |
| Social Trading | |
| Yes | No |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | Yes |
| Inactivity Fee | |
| $12 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
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| Commodities | |
| CFD Trading | |
| Trade CFDs on forex, stocks, indices, energies, metals and ETFs with fast execution and leverage up to 1:30 from the ESMA branch or up to 1:500 from the offshore branch. TopFX is known for its fast execution model with no dealing desk intervention and client safeguards including segregated funds. | 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 | |
| 1:500 | 1:30 (Retail), 1:250 (Pro) |
| FTSE Spread | |
| From 1.5 | 1.0 |
| GBPUSD Spread | |
| From 0.2 | 0.9 |
| Oil Spread | |
| From 2.0 | 2.8 |
| Stocks Spread | |
| Variable | 0.02 |
| Forex Trading | |
| Trade 60+ currency pairs including majors as well as minors and exotics. This is a good range of FX pairs with attractive trading terms and spreads from zero offered on the broker's DMA accounts. | 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. |
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| GBPUSD Spread | |
| From 0.2 | 0.9 |
| EURUSD Spread | |
| From 0.2 | 0.8 |
| EURGBP Spread | |
| From 0.2 | 0.9 |
| Assets | |
| 90 | 80+ |
| Currency Indices | |
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| Cryptocurrency | |
| Clients with a TopFX FSA regulated account can trade six crypto CFDs. However this is a narrow range and fees aren't the lowest so we don't recommend the broker for experienced crypto traders. | 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 | |
| Floating | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| Forex trading involves risk. Losses can exceed deposits. | |
| More Comparisons | |
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TopFX vs |
IG Group vs |