Online brokers compared for fees, trading platforms, safety and more. See how Firstrade stacks up against IG!
Last update of data—Jul 2022
Firstrade is a US discount broker regulated by the top-tier SEC and FINRA.
IG is a CFD and forex broker. It is listed on the London Stock Exchange and regulated by several authorities globally, including the top-tier FCA.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
Recommended for traders of any experience level looking for an easy-to-use trading platform.
Firstrade
Firstrade is a US discount broker regulated by the top-tier SEC and FINRA.
Recommended for beginners and investors looking for zero-commission trading, focusing on the US market.
IG
IG is a CFD and forex broker. It is listed on the London Stock Exchange and regulated by several authorities globally, including the top-tier FCA.
Recommended for traders of any experience level looking for an easy-to-use trading platform.
Firstrade's service is on par with IG's and a comparison of their fees shows that Firstrade's fees are lower than IG's.
Account opening takes about the same effort at Firstrade compared to IG, deposit and withdrawal processes are considerably more complicated at Firstrade, while customer service quality is considerably lower than IG's.
Our experts rated the trading platform of Firstrade as somewhat worse than the platform of IG, found that clients have access to slightly less markets and products with Firstrade, while IG provides somewhat lower-quality research and education.
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.
Brokers displayed might not be available in United States.