FXGrow Vs IG

How FXGrow and IG Compare in 2024

FXGrow or IG who is better?

Compare FXGROW Versus IG and IC Markets broker accounts.


Compare FXGrow Vs IG Side by Side

So you are looking for a broker, FXGrow or IG who should you choose?

When trading on financial markets you will want to know all about who FXGrow or IG are, and how they compare. You will naturally want to know how long FXGrow and IG have been in business and what reputation FXGrow and IG have. On top of this, you will need to discover if FXGrow and IG match your trading needs.

Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how FXGrow and IG compare.

Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.

Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of FXGrow and IG side by side.

If you're itching to start trading, we can assist you in making a well-informed decision when comparing FXGrow and IG. By comprehensively comparing FXGrow and IG features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with FXGrow, IG or an alternative broker.

Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on FXGrow and IG. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.

Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the FXGrow platform or IG that they are regulated. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.


FXGrow

(3/5)
Benefits of FXGrow?
  • Established in 2012
  • FXGrow have been in business for 12 years.
  • Head quarters in Cyprus.
  • Live Chat
  • Segregates clients funds
  • FXGrow Min deposit $100
FXGrow screenshot FXGrow sign up here
Your capital is at risk
Reputation Support
Good
Good

FXGrow Regulation

FXGrow is regulated by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US

FXGrow Fees

Deposit fee No
Commission No
Inactivity fee No
Withdrawal fee No
Min trade Varies
Max trade Varies
Min deposit $100
View all spreads
& fees here
Your capital is at risk

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all FXGrow
funding options here
Your capital is at risk

FXGrow Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

FXGrow Platforms

MT4, Mac, Web Trader, Tablet & Mobile apps

FXGrow Languages

English, Spanish, French, Greek, Arabic, Polish, Serbian

See FXGrow
features here
Your capital is at risk

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See FXGrow
instruments here
Your capital is at risk

FXGrow Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the FXGrow website. Our records were last updated on .

Visit FXGrow today
Your capital is at risk

IG

(2/5)
Benefits of IG?
  • Established in 1974
  • IG have been in business for 50 years.
  • Head quarters in UK.
  • Live Chat
  • Segregates clients funds
  • IG Min deposit $0
IG screenshot IG sign up here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Reputation Support
Great
Great

IG Regulation

IG is regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC).

Excluded Countries

US, BE, FR, IN, IL, PL, ZW

IG Fees

Deposit fee Varies
Commission Yes (0.1%)
Inactivity fee Yes
Withdrawal fee No
Min trade £1
Max trade Variable
Min deposit $0
View all spreads
& fees here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IG
funding options here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

IG Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IG Platforms

MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps

IG Languages

English, French, German, Spanish, and Portuguese

See IG
features here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IG
instruments here
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

IG Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IG website. Our records were last updated on .

Visit IG today
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

IC Markets

(4/5)
Benefits of IC Markets?
  • Established in 2007
  • IC Markets have been in business for 17 years.
  • Head quarters in Australia.
  • Live Chat
  • Segregates clients funds
  • IC Markets Min deposit $200
IC Markets screenshot IC Markets sign up here
Losses can exceed deposits
Reputation Support
Good
Good

IC Markets Regulation

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).

Excluded Countries

US, IR, CA, NZ, JP

IC Markets Fees

Deposit fee Varies
Commission Yes
Inactivity fee No
Withdrawal fee No
Min trade 0.01 Lot
Max trade None
Min deposit $200
View all spreads
& fees here
Losses can exceed deposits

Funding Methods

Credit card
Bank transfer
American Express
PayPal
Neteller
Skrill
Bitcoin

Payment processing time
Varies

Withdrawal processing time
Varies
See all IC Markets
funding options here
Losses can exceed deposits

IC Markets Features

Apple application available
Android application available
Windows application available
Can Set Price alerts
Variable spreads (Forex)
Scalping trading
Hedge trading
Stop loss orders
Limit orders
One click trading available
Trailing stops available
Expert advisors (Metatrader)
Virtual private server (VPS)
Direct market access (DMA)
ECN broker (Forex ECNs)
STP broker (STP)
Market maker
Trading Signals

IC Markets Platforms

MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android

IC Markets Languages

English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

See IC Markets
features here
Losses can exceed deposits

Financial Markets

Forex (Currency)
Majors
Indices
Penny stocks
Dow Jones
FTSE
Dax
Nikkei
IPO
ETFs
Bitcoin CFD
Metals
Agriculturals
Energies
See IC Markets
instruments here
Losses can exceed deposits

IC Markets Account Types

Demo account
VIP account
Micro account
Standard account
Zero spread account
Islamic account

The information used on comparebrokers.co was updated directly from the IC Markets website. Our records were last updated on .

Visit IC Markets today
Losses can exceed deposits

FXGrow Vs IG Table of Contents

FXGrow and IG in Detail

FXGrow Review Screenshot

The FXGrow online trading platform gives traders from all over the world access to over 100 financial instruments including over 17,000 available instruments. There are over 10,000+ registered customers that have taken advantage of the FXGrow platform.

FXGrow are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).

FXGrow Review Screenshot

IG is a renowned UK financial trading brokerage established in 1974.

IG serves customers globally and are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC). Depending on the country you are trading from FXGrow may serve you from a different business entity to comply with its financial regulators.

IG is listed as a publically traded company on a major stock market. As part of their regulatory requirements IG has to disclose a yearly report publically. Because of this extra level of auditing and regulation IG can be considered trustworthy. FXGrow is not listed as a PLC.

IG is a popular well known financial trading platform serving over 239,000 customers.

Benefits of FXGrow and IG Compared

Below, we will give you a summary of the benefits FXGrow and IG offer side by side.

FXGrow offers a minimum deposit of 100 while IG have a 0 minimum deposit.

Why smaller trading deposits are good and how FXGrow and IG compare

One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either FXGrow or IG. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. FXGrow requires a minimum deposit of 100, whereas IG mandates a minimum deposit of 0. One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds. It's advisable not to be deterred by a broker's higher minimum deposit, whether it's FXGrow or IG, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.

FXGrow allows traders to trade up to 100 financial instruments while IG have around 17,000 on their trading platform.

The more instruments available on FXGrow and IG trading platforms the more potential financial instruments you can buy or sell for your portfolio. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of FXGrow or IG.

The FXGrow trading platform has 0 stocks listed while IG has 8,000 stocks listed.

FXGrow allows retail traders to trade the following assets Forex on the FXGrow MT4, Mac, Web Trader, Tablet & Mobile apps trading platforms.

Alternatively IG allows retail traders to trade Forex, CFDs, Spread Betting, Share dealing on the IG MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps trading platforms.

Compare FXGrow and IG in more detail below.

Drawbacks of FXGrow and IG Compared

Below we compare what drawbacks FXGrow and IG have side by side.

Various potential downsides can be associated with certain brokers, including FXGrow and IG. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by FXGrow compared to IG. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of FXGrow versus IG.

Broker FXGrow IG IC Markets
Inactivity Fees No Yes No
Withdrawl Fees No No No
Withdrawal Processing Time Varies Varies Varies
Min Deposit 100 0 200
Social Trading No No Yes
Excluded Countries US US, BE, FR, IN, IL, PL, ZW US, IR, CA, NZ, JP

FXGrow Vs IG Available Financial Markets

The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with FXGrow or IG. A diversified portfolio with FXGrow or IG can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.

Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like FXGrow or IG, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as FXGrow and IG.

Broker FXGrow IG IC Markets
Instruments Available 100 17000 2250
Offers share dealing No Yes Yes
Number of Shares 0 8,000 2,100
Offers US Stocks Yes Yes Yes
Offers UK Stocks Yes Yes Yes
Offers German Stocks Yes Yes Yes
Offers Japanese Stocks No Yes Yes
Offers Indices Trading Yes Yes Yes
Number of Commodities 0 34 20
Offers Metals Commodities Yes Yes Yes
Offers Energy Commodities Yes Yes Yes
Offers Agricultural Commodities No Yes Yes
Offers Forex Trading Yes Yes Yes
Number of Forex Pairs 15 100 61
Offers Major Forex Pairs Yes Yes Yes
Offers Minor Forex Pairs Yes Yes
Offers Exotic Forex Pairs Yes Yes
Offers CFD Trading Yes Yes Yes
Offers Social Trading No No Yes

FXGrow Vs IG Cryptocurrency Trading

Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both FXGrow and IG, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both FXGrow and IG offer some form of cryptocurrency trading.

Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.

Investing in cryptocurrencies with FXGrow or IG is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with FXGrow or IG could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on FXGrow, IG, and all brokers are subject to regulation.

We compare FXGrow vs IG Crypto options below side by side.

Broker FXGrow IG IC Markets
Allows Cryptocurrency Trading (availability subject to regulation) No No Yes
Cryptocurrencies Offered BCH, BTC, ETH, LTC, XRP, EOS, DASH, XLM, NEO BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC

FXGrow Vs IG Commission and Fees

knowing your trading and commission fees with FXGrow vs IG is extremely important. For the majority of the FXGrow 100 financial instruments and IG 17,000 available financial instruments .

The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with FXGrow and IG. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with FXGrow and IG before you invest because you must know what you are paying.

You ideally want to choose a broker like FXGrow or IG that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with FXGrow or IG. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.

Your location or residence will have an impact on your potential FXGrow and IG fees, of course. Make sure you do your research and check the commission and fees with both FXGrow and IG before you invest anything.

Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period. Also, with FXGrow or IG be aware of or 3rd party payment provider fees and currency conversion fees.

FXGrow does not charge inactivity fees, while IG does charge inactivity fees.

Numerous notifications are usually sent to you as a reminder of dormant FXGrow and IG accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your FXGrow or IG account, or choose to close it.

Usually, the associated fees for dormant FXGrow or IG accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live FXGrow or IG trading account activity to avoid any unnecessary fees or charges.

When you deposit money to a broker like FXGrow or IG you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay FXGrow or IG nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.

Let's see how FXGrow vs IG compare side by side for commissions and fees.

Broker FXGrow IG IC Markets
Min Deposit 100 0 200
Inactivity Fees No Yes No
Withdrawal Fees No No No
Deposit Fees No Varies Varies

FXGrow Vs IG Trading Platforms

We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the FXGrow and IG platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.

Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an FXGrow or IG demo account.

Broker FXGrow IG IC Markets
Offers MT4 Yes Yes Yes
Offers MT5 No No Yes
Offers cTrader No No Yes

FXGrow Vs IG Mobile Trading

Trading on your mobile with FXGrow and IG can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and FXGrow and IG mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with FXGrow or IG. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with FXGrow or IG can help limit your risk and trade on the move.

If you own an iPhone, having an IOS Apple mobile trading app with FXGrow or IG is essential. Likewise, if you have an android phone, it's crucial to verify if FXGrow or IG broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if FXGrow and IG have trading apps compatible with your device.

Broker FXGrow IG IC Markets
Web Platform Yes Yes Yes
IOS Trading App Yes Yes Yes
Android Trading App Yes Yes Yes
Microsoft Trading App No No Yes

FXGrow Vs IG Trading Account Types Offered

FXGrow Vs IG Demo Account

A demo account with FXGrow or IG is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an FXGrow and IG demo account.

FXGrow Vs IG Micro Account

Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.

If you need a micro account check if FXGrow or IG offer micro trading accounts in your region.

Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.

FXGrow does offer clients Micro accounts, while IG does not offer clients Micro accounts.

FXGrow Vs IG Standard Account

A standard account is available on FXGrow and IG to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.

Both FXGrow and IG do offer clients Standard accounts.

FXGrow Vs IG MAM Account

A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with FXGrow or IG or alternative.

FXGrow and IG do not offer clients MAM accounts.

FXGrow Vs IG ECN Account

The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.

ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.

If you need a ECN account check they are available with FXGrow or IG or alternative.

FXGrow does offer clients ECN accounts, while IG does not offer clients ECN accounts.

FXGrow Vs IG Islamic Account

An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.

If you need a Islamic account check they are available with FXGrow or IG or alternative.

FXGrow does offer clients Islamic accounts, while IG does not offer clients Islamic accounts.

FXGrow Vs IG STP Account

Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.

If you need a STP account check they are available with FXGrow or IG or alternative.

Both FXGrow and IG offer clients STP accounts.

FXGrow Vs IG Managed Account

A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.

While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.

FXGrow and IG do not offer clients Managed accounts.

Broker FXGrow IG IC Markets
Offers Demo Accounts Yes Yes Yes
Offers Micro Accounts Yes No No
Offers Standard Accounts Yes Yes Yes
Offers MAM Accounts No No Yes
Offers ECN Accounts Yes No No
Offers Islamic Accounts Yes No Yes
Offers STP Accounts Yes Yes No
Offers Managed Accounts No No No

FXGrow Vs IG Withdrawal and Funding Methods

FXGrow and IG have multiple deposit and withdrawal options. Funding and withdrawing from your FXGrow and IG accounts to your chosen payment method should be straightforward. Lets see how FXGrow and IG compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from FXGrow or IG.

Broker FXGrow IG IC Markets
Payment Methods Credit cards, Bank Transfer, Neteller, Skrill, Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, BPAY, Payoneer, Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),

FXGrow Vs IG Customer Support Compared

Customer support is essential when trading. Even professional traders will eventually need the help of FXGrow or IG support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the FXGrow and IG support is always available when needed. FXGrow and IG customer support is not just useful. broker customer support is crucial to your trading success!

FXGrow Vs IG Live Chat

Live chat is important for several reasons. When you encounter a problem with FXGrow or IG trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.

FXGrow do not offer livechat support. On the other hand IG do offer livechat support.

FXGrow Vs IG Email Support

When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either FXGrow or IG you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the FXGrow or IG support team to answer satisfactorily. Email support with FXGrow and IG will be needed.

Both FXGrow and IG offer email support.

FXGrow Vs IG Phone Support

Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either FXGrow or IG. We can get straight to the point, saving us time and frustration.

Both FXGrow and IG offer phone support.

Lets see how FXGrow and IG customer support compare side by side.

Broker FXGrow IG IC Markets
Offers Live Chat No Yes Yes
Languages English, Spanish, French, Greek, Arabic, Polish, Serbian English, French, German, Spanish, and Portuguese English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Support Email [email protected] [email protected] [email protected]
Phone 357-25-211707 44 20 7633 5300 No

FXGrow Vs IG Regulation and Licensing

Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether FXGrow and IG are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that FXGrow or IG have these in place, please be extremely cautious before you proceed with them.

We compare FXGrow Vs IG financial regulation and licensing side by side below.

Broker FXGrow IG IC Markets
FCA Regulation Yes Yes No
CySEC Regulation Yes No Yes
MiFID Regulation No No No
ASIC Regulation No Yes Yes
FSCA Regulation No No No
DFSA Regulation No No No
MAS Regulation No No No

FXGrow Vs IG Risk Management Features

When trading with either FXGrow or IG you will want to understand and make full use of all the risk management features on your FXGrow or IG trading platforms.

We compare side by side the trading risk management features offered by FXGrow and IG below.

FXGrow Vs IG Hedging

What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on the outcome of one event, as holding all your assets in one place could be risky. Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification. Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.

Both FXGrow and IG do offer clients hedging.

FXGrow Vs IG Stop Loss

Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair. In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage. Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.

Both FXGrow and IG do offer clients stop losses. Stop Loss and Take Profit are not guaranteed on FXGrow or IG. You must still monitor any live trades and your financial exposure and financial risk.

FXGrow Vs IG Limit Orders

Every broker should allow users to place a limit order. Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.

Both FXGrow and IG do offer clients limit orders.

FXGrow Vs IG Negative Balance Protection

Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.

Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade. Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.

Both FXGrow and IG do offer clients negative balance protection.

Broker FXGrow IG IC Markets
Offers Hedging Yes Yes Yes
Negative Balance Protection Yes Yes Yes
Guaranteed Stop Loss No Yes No
Offers Limit Orders Yes Yes Yes
Offers Trailing Stops Yes Yes Yes

FXGrow Vs IG Verdict

We hope this FXGrow Vs IG guide has helped you decide who is best to trade with out of FXGrow and IG.

When choosing a broker like FXGrow or IG for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with FXGrow or IG are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as FXGrow or IG, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with FXGrow or IG.

Also, before you sign up with online brokers like FXGrow or IG, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with FXGrow or IG before investing money into something.

Beware of the risks that come with trading with FXGrow or IG. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all FXGrow and IG educational resources and financial research tools. If you are new to trading, sign up for a demo account with FXGrow and IG to find which suits you and your trading style.

Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using FXGrow or IG will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if FXGrow and IG fees match your trading requirements.

Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with FXGrow or IG if your investment strategy is more long-term.

FXGrow and IG Alternatives

If FXGrow and IG are not what you are not quite what you are looking for we list some of the best FXGrow and IG alternatives below.

Other FXGrow and IG Vs Comparisons

If you are still looking for an alternative to FXGrow and IG and want to see how FXGrow or IG compares Vs other brokers check out the FXGrow Vs and IG Vs list below.

FXGrow Vs Alternatives

Still not happy have a look at some of our alternative FXGrow Vs side by side comparisons below

IG Vs Alternatives

Still not happy have a look at some of our alternative FXGrow Vs side by side comparisons below

FXGrow Vs IG Frequently Asked Questions

We answer some of the most frequently asked FXGrow Vs IG questions below.

Is FXGrow any Good?

Knowing that a broker is legit is the first thing you should check before signing up with a broker. Is FXGrow legit? - FXGrow are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and have been in business since 2012

Is IG any Good?

IG are regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) and have been in business since 1974.

Which is better FXGrow or IG?

FXGrow and IG do not have a high rating, so we recommend trading with a more reputable alternative broker.

Is FXGrow a con?

FXGrow is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) and have been in business since 2012. FXGrow is most definitely not a con as they are regulated by major financial regulators.

Is IG a con?

IG is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) and have been in business since 1974. IG is most definitely not a con as they are regulated by major financial regulators.

What happens if FXGrow or IG go bust?

FXGrow and IG are regulated, which means that as part of their regulatory obligations FXGrow and IG have to offer a certain level of financial protection to their clients. FXGrow and IG should by law keep client funds separate from FXGrow and IG funds. If either FXGrow or IG goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the FXGrow and IG websites and regulators.

Are FXGrow or IG good for beginners?

FXGrow and IG offer low deposits and access to a selection of market insights and news resources. Both FXGrow and IG offer demo accounts. Demo trading accounts are a big plus for FXGrow and IG as it shows they are interested in their customers.


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