Compare eToro vs IG


Online brokers compared for fees, trading platforms, safety and more. See how eToro stacks up against IG!

eToro vs IG
overall rating
4.7
4.6
overall pros
  • Free stock and ETF trading
  • Seamless account opening
  • Social trading experience
  • First-class web trading platform
  • Superb educational tools
  • Great deposit and withdrawal options
overall cons
  • High non-trading fees
  • Only one account base currency
  • Customer support could be improved
  • High forex and stock CFD fees
  • Limited product portfolio
  • Slow customer support
fees
4.4
  • Low trading fees
  • Free stock and ETF trading
  • Low forex and CFD fees
  • High non-trading fees
  • Inactivity fee
3.1
  • No withdrawal fee
  • Inactivity fee charged only after 2 years
  • High forex fees
  • High financing rate
  • High stock CFD trading fees
account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
4.4
  • Fully digital
  • Low minimum deposit
  • No minimum deposit for bank transfer
  • Slower account opening
deposit and withdrawal
3.5
  • Credit/Debit card available
  • No deposit fee
  • User-friendly
  • Only one account base currency
  • $5 withdrawal fee
  • Conversion fee for non-USD deposits
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
4.4
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
mobile trading platform
4.9
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • No Touch/Face ID login
5.0
  • User-friendly
  • Good search function
  • Touch/Face ID login
desktop trading platform
markets and products
3.8
  • Stock
  • ETF
  • Forex
  • CFD
  • Crypto
3.9
  • ETF
  • Forex
  • Options
  • CFD
  • Stocks in some countries
  • Robo-advisory in UK
  • IPOs
research
3.5
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • Analyst recommendations
  • No fundamental data available
  • No/poor quality news flow
3.5
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • No fundamental data available
customer service
3.3
  • Live chat
  • Fast response time
  • Relevant answers
  • No phone support
  • No 24/7 support
  • Live chat is offline quite often
3.6
  • Phone support
  • Relevant answers
  • No 24/7 support
  • Live chat is often offline
education
3.5
  • Demo account
  • Intro guide to the platform
  • Basic educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection
  • Well-known innovative fintech firm.
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Does not hold a banking license
recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading Traders of any experience level looking for an easy-to-use trading platform
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