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IG vs Trading 212 2020

Is IG better than Trading 212? After scoring the best forex brokers on nearly 100 different variables, IG is better than Trading 212. 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.

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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Overall Rating

Feature IG Trading 212
Overall 4.5 3.5
IG Review Trading 212 Review
68% of retail CFD accounts lose money

Regulation

Feature IG Trading 212
Trust Score 99 69
Year Founded
1974 2004
Publicly Traded (Listed)
Yes No
Bank
Yes No
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
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
Yes No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
Yes No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
Yes No

Investments

Feature IG Trading 212
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
93 165
CFDs - Total Offered
17535 1671
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 4.5 3.5
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Cost

Feature IG Trading 212
Average Spread EUR/USD - Standard
0.7 (as of May 19) N/A
All-in Cost EUR/USD - Active
0.363 (as of Mar 16) N/A
Active Trader or VIP Discounts
Yes No
Commissions & Fees 4.5 3.5
Winner check_circle

Funding

Feature IG Trading 212
Minimum Initial Deposit
£250.00 £10
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature IG Trading 212
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes No
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature IG Trading 212
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
14 5
Charting - Indicators / Studies (Total)
28 41
Charting - Drawing Tools (Total)
19 20
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
No No
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4.5 3.5
Winner check_circle

Mobile Trading

Feature IG Trading 212
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
28 43
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes Yes
Forex Calendar
Yes Yes
Mobile Trading 4 3.5
Winner check_circle

Research

Feature IG Trading 212
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Weekly Webinars
Yes No
AutoChartist
Yes No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes
Research 4.5 2
Winner check_circle

Education

Feature IG Trading 212
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes No
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Education 4 2
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Major Forex Pairs

Feature IG Trading 212
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature IG Trading 212
IG Review Trading 212 Review
Overall 4.5 3.5
Winner check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare IG vs Trading 212.

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 is a better option with a 4.50 star rating over Trading 212's 3.50 star rating.

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. IG alongside Trading 212 are regulated in a major hub. IG is a publicly traded company, while Trading 212 is not. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Trading 212 offers its clients access to 165 different currency pairs while IG has 93 available pairs, a difference of 72.

To round out our comparison of IG vs Trading 212, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. IG has Meta Trader, Trading 212 doesn't. 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. Trading 212 boasts an offering of 20 charting tools compared to IG's 19 available charting tools. Trading 212 offers its clients access to 41 different indicators (for example, volume) while IG has 28 available indicators, a difference of 13.

IG Review
Trading 212 Review


Trading CFDs, FX, and cryptocurrencies involve 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 01/15/2020 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.

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IG - 68% 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.

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