Compare IG vs XM


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

IG vs XM
overall rating
4.5
4.4
overall pros
  • First-class web trading platform
  • Superb educational tools
  • Great deposit and withdrawal options
  • Low stock CFD and withdrawal fees
  • Easy and fast account opening
  • Great educational tools
overall cons
  • High forex and stock CFD fees
  • Limited product portfolio
  • Slow customer support
  • Limited product portfolio
  • Average forex and stock index CFD fees
  • No investor protection for non-EU clients
fees
2.7
  • No withdrawal fee
  • Inactivity fee charged only after 2 years
  • High forex fees
  • High stock CFD trading fees
3.5
  • No withdrawal fee
  • Low stock CFD fees
  • Inactivity fee
  • Average FX fees
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • No minimum deposit for bank transfer
  • Slower account opening
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
5.0
  • Credit/Debit card available
  • Several account base currencies
  • Free wire withdrawal above $200
web trading platform
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
5.0
  • User-friendly
  • Good search function
  • Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Outdated design
  • Search function could be better
markets and products
4.0
  • ETF
  • Forex
  • Options
  • CFD
  • Crypto
  • Stocks in some countries
  • Robo-advisory in UK
  • IPOs
2.5
  • Forex
  • CFD
  • Real stocks for clients under Belize (IFSC)
research
3.5
  • Good interactive chart
  • Trading ideas
  • User-friendly
  • No fundamental data available
4.4
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
3.6
  • Phone support
  • Relevant answers
  • No 24/7 support
  • Live chat is often offline
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Does not hold a banking license
  • Negative balance protection
  • Regulated by the top-tier ASIC
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Traders of any experience level looking for an easy-to-use trading platform Forex and CFD traders who prefer MetaTrader platforms and seek great account opening
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