IG vs ETX Capital Review
Is ETX Capital better than IG Group? After scoring forex brokers on nearly 100 different variables, IG Group is better than ETX Capital . Regulated and trusted across the globe, IG offers traders an extensive list of tradable products, excellent trading and research tools, industry leading education, and competitive rates. This fantastic all-round experience makes IG our No. 1 overall broker in 2019.
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. IG Group's score is 4.50 stars versus ETX Capital 's 4.00 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Both ETX Capital and IG Group are regulated in a major hub. IG Group is a publicly traded company, while ETX Capital is not. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. ETX Capital trails IG Group by 32 total currency pairs (for example, EUR/USD), with IG Group offering 91 and ETX Capital offering 59.
To round out our comparison of ETX Capital vs IG Group, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. ETX Capital and IG Group both offer Meta Trader. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. ETX Capital boasts an offering of 31 charting tools compared to IG Group's 17 available charting tools. IG Group trails ETX Capital by 29 total different indicators (for example, moving averages), with ETX Capital offering 51 and IG Group offering 22.
ETX Capital Review
IG Group Review
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
IG - 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.