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IG vs Trading 212 2019
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Since 1974, join 195,000 traders worldwide, listed on the FTSE 250 Visit Site
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Overall Rating
| Feature | IG | Trading 212 |
| Overall | ||
| IG Review | Trading 212 Review | |
| 75% of retail CFD accounts lose money |
Regulation
| Feature | IG | Trading 212 |
| Trust Score | 99 | 69 |
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Year Founded |
1974 | 2004 |
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Publicly Traded (Listed) |
Yes | No |
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Bank |
Yes | No |
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Tier-1 Licenses |
6 | 1 |
|
Tier-2 Licenses |
3 | 0 |
|
Tier-3 Licenses |
0 | 0 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses
| Feature | IG | Trading 212 |
|
ASIC Authorised (Australia) |
Yes | No |
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IIROC Authorised (Canada) |
No | No |
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SFC Authorised (Hong Kong) |
No | No |
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FSA Authorised (Japan) |
Yes | No |
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MAS Authorised (Singapore) |
Yes | No |
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FINMA Authorised (Switzerland) |
Yes | No |
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FCA Authorised (UK) |
Yes | Yes |
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CFTC Registered (USA) |
Yes | No |
Investments
| Feature | IG | Trading 212 |
|
Forex: Spot Trading |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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Currency Pairs (Total Forex pairs) |
93 | 170 |
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CFDs - Total Offered |
17535 | 1671 |
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Cryptocurrency traded as actual |
No | No |
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Cryptocurrency traded as CFD |
Yes | Yes |
| Offering of Investments | ||
| Winner | check_circle |
Cost
| Feature | IG | Trading 212 |
|
Average Spread EUR/USD - Standard |
0.7 (as of May 19) | N/A |
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All-in Cost EUR/USD - Active |
0.363 (as of Mar 16) | N/A |
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Active Trader or VIP Discounts |
Yes | No |
| Commissions & Fees | ||
| Winner | check_circle |
Funding
| Feature | IG | Trading 212 |
|
Minimum Initial Deposit |
£250.00 | €100 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | No |
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Skrill (Deposit/Withdraw) |
No | Yes |
Trading Platforms
| Feature | IG | Trading 212 |
|
Proprietary Platform |
Yes | Yes |
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Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | No |
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MetaTrader 5 (MT5) |
No | No |
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cTrader |
No | No |
Trading Tools
| Feature | IG | Trading 212 |
|
Virtual Trading (Demo) |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
14 | 5 |
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Charting - Indicators / Studies (Total) |
28 | 41 |
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Charting - Drawing Tools (Total) |
19 | 20 |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
No | No |
|
Order Type - Trailing Stop |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Mobile Trading
| Feature | IG | Trading 212 |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Trading - Forex |
Yes | Yes |
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Trading - CFDs |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watch List |
Yes | Yes |
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Watch List Syncing |
Yes | Yes |
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Charting - Indicators / Studies |
28 | 43 |
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Charting - Draw Trend Lines |
Yes | Yes |
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Charting - Trend Lines Moveable |
Yes | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | Yes |
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Forex Calendar |
Yes | Yes |
| Mobile Trading | ||
| Winner | check_circle |
Research
| Feature | IG | Trading 212 |
|
Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | No |
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Weekly Webinars |
Yes | No |
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AutoChartist |
Yes | No |
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Trading Central (Recognia) |
No | No |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | No |
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Economic Calendar |
Yes | Yes |
| Research | ||
| Winner | check_circle |
Education
| Feature | IG | Trading 212 |
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Has Education - Forex |
Yes | No |
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Has Education - CFDs |
Yes | No |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | No |
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Videos - Beginner Trading Videos |
Yes | No |
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Videos - Advanced Trading Videos |
Yes | No |
|
Investor Dictionary (Glossary) |
Yes | No |
| Education | ||
| Winner | check_circle |
Major Forex Pairs
| Feature | IG | Trading 212 |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | IG | Trading 212 |
| IG Review | Trading 212 Review | |
| Overall | ||
| Winner | check_circle |
To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. IG Group received a rating of 4.50 stars over Trading 212's 3.50 stars.
Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Both IG Group and Trading 212 are regulated in a major hub. IG Group is a publicly traded company while Trading 212 is not. As far as how many currency pairs are available for trading, here's the answer. Trading 212 offers its clients access to 170 different currency pairs while IG Group has 91 available pairs, a difference of 79.
Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. IG Group offers Meta Trader while Trading 212 does not. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. IG Group trails Trading 212 by 3 total charting tools, with Trading 212 offering 20 and IG Group offering 17. Trading 212 offers its clients access to 41 different indicators (for example, volume) while IG Group has 22 available indicators, a difference of 19.
IG Group Review
Trading 212 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.
