Compare IG vs Interactive Brokers


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

IG vs Interactive Brokers
overall rating
4.6
4.9
overall pros
  • First-class web trading platform
  • Superb educational tools
  • Great deposit and withdrawal options
  • Wide range of products
  • Many great research tools
  • Regulated by several authorities
overall cons
  • High stock CFD fees
  • Limited product portfolio
  • Poor phone support
  • Extremely complex desktop trading platform
  • Complicated account opening process
  • High inactivity fee
fees
3.4
  • No withdrawal fee
  • Low index CFD trading fees
  • Inactivity fee
  • High stock CFD fee
4.3
  • Low trading fees
  • Low stock and ETF fees
  • Low financing rate
  • Free stock and ETF trading for US clients
  • Inactivity fee
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • No minimum deposit for bank transfer
  • Slower account opening
3.4
  • Fully digital
  • No minimum deposit for most accounts types
  • Not user-friendly
  • Confusing messages throughout the process
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
2.5
  • No deposit fee
  • Several account base currencies
  • First withdrawal each month free
  • Credit/Debit card not available
  • Not user-friendly
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
4.3
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
5.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
3.5
  • Two-step (safer) login
  • Good search function
  • Good variety of order types
  • User interface is a bit complex
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Too complex for beginners
markets and products
3.5
  • Stock
  • ETF
  • Forex
  • Options
  • CFD
  • Crypto
  • Equities for UK clients
  • Robo-advisory service in the UK
  • IPOs
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Warrants
  • Structured Products
  • Indices
  • Metals
research
3.5
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • No fundamental data available
3.5
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
customer service
3.6
  • Phone support
  • Live chat
  • Relevant answers
  • Poor phone support
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No educational articles
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Courses only available after registration
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Does not hold a banking license
  • Listed on stock exchange
  • Negative balance protection
  • Regulated by top-tier financial authorities
recommended for Traders of any experience level looking for an easy-to-use trading platform Traders looking for low fees and a professional trading environment
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