Compare Freetrade vs IG


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

Freetrade vs IG
overall rating
4.4
4.5
overall pros
  • Free stock and ETF trading
  • Easy and fast account opening
  • Great mobile trading platform
  • First-class web trading platform
  • Superb educational tools
  • Great deposit and withdrawal options
overall cons
  • Basic product portfolio
  • Limited research tools
  • Debit card only for deposits
  • High forex and stock CFD fees
  • Limited product portfolio
  • Slow customer support
fees
5.0
  • Low trading fees
  • Low non-trading fees
  • Free stock and ETF trading
2.7
  • No withdrawal fee
  • Inactivity fee charged only after 2 years
  • High forex fees
  • High stock CFD trading fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
4.4
  • Fully digital
  • Low minimum deposit
  • No minimum deposit for bank transfer
  • Slower account opening
deposit and withdrawal
4.0
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Only one account base currency
  • Debit card available only for deposits
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
mobile trading platform
4.7
  • User-friendly
  • Two-step (safer) login
  • Good search function
  • Limited order types
  • No price alerts
5.0
  • User-friendly
  • Good search function
  • Touch/Face ID login
desktop trading platform
markets and products
1.6
  • Stock
  • ETF
4.0
  • ETF
  • Forex
  • Options
  • CFD
  • Crypto
  • Stocks in some countries
  • Robo-advisory in UK
  • IPOs
research
0.0
  • Limited interactive charting
  • No trading ideas
  • No fundamental data available
3.5
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • No fundamental data available
customer service
3.8
  • Live chat
  • Fast response time
  • Relevant answers
  • No phone support
  • No 24/7 support
3.6
  • Phone support
  • Relevant answers
  • No 24/7 support
  • Live chat is often offline
education
3.0
  • Invest HUB blog
  • Educational content in a newsletter
  • No educational videos
  • No webinars
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • 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 Long-term investors on the hunt for low fees and focusing on the UK and US markets Traders of any experience level looking for an easy-to-use trading platform
×