eToro
IG
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
Best broker for beginners
Recommended for Traders of any experience level looking for an easy-to-use trading platform
Israel
UK
Fees
Low trading fees, high non-trading fees, free stock and ETF trading
High trading fees, average non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
6
Deposit type
Withdrawal type
Account opening
$50
$0
1 day
1-3 days
Proof of identity: passport / personal ID Proof of residency: utility bill
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 81.2% 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.
Disclaimer: 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. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits.
Research, education
Great
Great
Customer service
Security
£85,000 for UK residents, €20,000 for non-UK residents
£85,000 in the UK, €20,000 in the rest of Europe excl. Switzerland, no protection in the US and many other countries
2007
1974
UK, Cyprus, Australia
UK, EU, Switzerland, USA, Singapore, Japan, South Africa, UAE, Australia, New Zealand
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
eToro's service is on par with IG's and a comparison of their fees shows that eToro's fees are slightly lower than IG's.
Account opening takes somewhat less effort at eToro compared to IG, deposit and withdrawal processes are somewhat more complicated at eToro, while customer service quality is somewhat lower than IG's.
Our experts rated the trading platform of eToro as being of the same quality as the platform of IG, found that clients have access to about the same number of markets and products with eToro, while IG provides just about the same quality of research and education.