IG vs Trading 212 compared

IG
Trading 212
76% of retail CFD accounts lose money
68% of retail CFD accounts lose money

IG

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score4.7/5.0
  • Fees score3.5/5.0
  • Customer service score4.6/5.0
Good to know
Recommended for
  • forex 3.95/5
You can open an account at IG

Trading 212

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score4.1/5.0
  • Fees score4.0/5.0
  • Customer service score5.0/5.0
Good to know
Recommended for
  • beginners 4.40/5
  • equity 4.71/5
  • forex 3.85/5
You can't open an account at Trading 212
Why trust BrokerChooser?
  • Live account testing we open live accounts at each broker and test their services based on our unique methodology
  • Safety above all we only recommend safe brokers (certified and regulated)
  • Unbiased and independent our partnerships do not affect our scoring and verdicts
  • Regular data updates information on our site is up-to-date at all times
  • Fully accessible you can always reach us if you have questions: [email protected]

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.6

Recommended for Traders of any experience level looking for an easy-to-use trading platform

Overall Score
4.6

Recommended for Equity investors and CFD traders looking for easy-to-use trading platforms

Country of origin

UK

Country of origin

Bulgaria

Fees

Fees score
3.5
Fees score
4.0
Fees summary

High trading fees, average non-trading fees

Fees summary

Commission-free real stocks and ETFs, high CFD 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

Deposit and withdrawal score
4.5
Deposit and withdrawal score
4.3
Number of base currencies

6

Number of base currencies

8

Deposit type

Withdrawal type

Account opening

Account opening score
4.2
Account opening score
4.5
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$0

*
Time to open account

1-3 days

Time to open account

1 day

Required documents

Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill

Required documents

Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement

Trading platform

Web platform score
5.0
Web platform score
4.4
Mobile platform score
5.0
Mobile platform score
4.9
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
4.7
Markets and products score
4.1
Stocks
Stocks
Fractional shares
Fractional shares
*
*
ETFs
ETFs
Forex
Forex
*
*
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs
CFD disclaimer

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.

CFD disclaimer

Disclaimer: 68% 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.

Research, education

Research score
3.5
Research score
3.5
Charting quality

Great

Charting quality

Great

Education score
5.0
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
4.6
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000 in the UK, €20,000 in the rest of Europe excl. Switzerland, no protection in the US and many other countries

Investor protection amount

£85,000 for clients under FCA, and €20,000 for clients under CySEC or FSC Bulgaria

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1974

Foundation date

2004

Country of regulation

UK, EU, Switzerland, USA, Singapore, Japan, South Africa, UAE, Australia, New Zealand

Country of regulation

UK, Bulgaria, Cyprus

IG

For detailed information and hands-on experience, read our review of this broker.

Trading 212

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.

IG's service is on par with Trading 212's and a comparison of their fees shows that IG's fees are slightly higher than Trading 212's.

Account opening takes about the same effort at IG compared to Trading 212, deposit and withdrawal processes are about the same quality at IG, while customer service quality is somewhat lower than Trading 212's.

Our experts rated the trading platform of IG as being of the same quality as the platform of Trading 212, found that clients have access to slightly more markets and products with IG, while Trading 212 provides just about the same quality of research and education.

×