IG Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If IG does not match your requirements we explain the top IG alternatives and IG competitors in this guide.
The best alternative for IG is IC Markets or Roboforex.
When searching for a IG alternative, there are a few things you need to check. The IG trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top IG alternatives and competitors feature by feature further below this IG alternatives guide.
If you are looking for a trading platform that offers similar features to IG or IG. Or if you are looking for features that IG does not offer that you require when trading, we will show you the best IG alternative options below.
We highlight the pros and cons of each IG alternative. Maybe you are looking for better customer service from a IG alternative or more competitive IG fees and more financial instruments to trade.
We have listed some reasons why IG may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- ECN accounts are not offered by IG (Look here for IG alternatives offering ECN accounts)
- MT5 is not offered by IG (find IG alternatives that offer the MT5 trading platform here)
- cTrader is not offered by IG (find IG alternatives offering the cTrader trading platform here)
- IG does not offer Micro accounts (Check here for IG alternatives offering micro accounts)
- IG does not offer Islamic accounts (Check here for IG alternatives offering Islamic accounts)
Top IG Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★☆☆☆ 2/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 17000 | 2250 | 12000 |
| 📈 Stocks Offered | 8000 | 2100 | 0 |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 100 | 61 | 35 |
| 📈 Commodities | 34 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 313,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 1974 | 2007 | 2009 |
| 👮♂️ Regulation | FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodity Futures Trading Commission), BMA (Bermuda Monetary Authority) | International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd | RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund |
| 🌍 HQ | UK | Australia | Belize |
| 🚫 Excluded Countries | US, BE, FR, IN, IL, PL, ZW | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH |
| Risk Warning | 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. | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature IG alternative comparison, you can scroll further down here.
