ActivTrades and IG are online forex brokers that offer their trading services to traders and investors. ActivTrades is a regulated and trusted forex broker. It is regulated by multiple regulatory authorities including FCA, SCB, CMVM, BACEN, and FSC. Similarly, IG is also a regulated broker which is regulated by ASIC, JFSA, FSA, FSCA, ADGM, CBI, ISA, KNF, IIROC. Both the brokers have their own strengths and weaknesses.
In this article, we will review and compare the brokerage services offered by ActivTrades and IG. We will explore options such as regulations, reputations, fees, features, leverage, and more. Additionally, we will analyze and rate the brokers based on macro and micro categories and options. By reviewing these aspects, you will get a clear idea of which broker suits you best for your trading journey.
ActiveTrades vs IG: In a Nutshell
ActiveTrades
ActivTrades is an online forex and CFD broker that offers MT4, MT5, and the ActivTrader proprietary web and mobile trading platforms. Alex Pusco founded ActivTrades as a stock brokerage in Switzerland in 2001. Later he moved to London in 2005. The broker added MetaTrader 4 in 2007. It also added CFDs on indices and commodities to its offer in 2008. ActivTrades offers over 45 currency pairs, Indexes, ETFs, as well as Commodities and Shares CFDs for your personal investment and trading options.
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IG
Founded in 1974 as IG Index by British financier Stuart Wheeler, IG is a well-known forex and CFD broker. Based in the United Kingdom, IG offers online trading services, including spread betting and CFD trading. It provides access to over 100 forex currency pairs, CFDs, commodities, stocks, indices, gold, silver, oil, bitcoin, and other cryptocurrencies for personal investment and trading. As of 2021, IG had a market value of £2.9 billion and offered trading in 17,000 investment markets. Regulated by the Financial Conduct Authority (FCA), IG is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. To know more, read our review about IG.
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ActivTrades vs: IG Features
ActivTrades
- Trading Instruments: 1000+Trading instruments including Forex ( Major, minor, exotics), shares, Indices, cryptocurrencies, ETFs, Commodities, Bonds, etc
- Maximum leverage: The maximum leverage is as high as 1:1000 for the Mauritius entity (FSC regulation). 1:30 for retail traders of UK and European branch, 1:400 for professional accounts, 1:200 for SCB
- Minimum Deposit: For the Chinese account, the 2nd account requires a $500 minimum deposit. For the Brazilian account, both the 1st and 2nd accounts require $250 each.
- Account Types: Two ( Professional, Retail)
- Trading Fees: ActiveTrades charges spread. The spread starts from as low as 0.5 pips. It does not charge any commission.
- MAM: Available
- PAMM: Not available
- Zulutrade: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
IG
- Trading Instruments: 17,000+ trading instruments including forex, indices, cryptocurrencies, shares, commodities, bonds, options, etc
- Maximum leverage: 30:1 to 200:1 ( dependent on Jurisdiction and Tradable assets)
- Minimum Deposit: No Minimum Deposit. However, the Minimum requires $250 if traders use credit/debit cards or PayPal
- Account Types: Ig Offers couple of account types including Standard Accounts, Limited Risk Accounts, Spread Betting Accounts, Options Trading Accounts, Turbo24 Accounts, Share Dealing Accounts, Professional Accounts, etc
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
ActivTrades vs IG: Pros and Cons
ActivTrades
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IG
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ActivTrades vs IG: Side-by-Side Comparison
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ActivTrades Vs IG: Our Scores and Ratings
We rated both brokers, ActivTrades and IG, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
ActivTrades :
IG:
Final Verdict :
Both ActivTrades and IG.com offer similar trading services globally and are regulated forex brokers. The minimum lot size for both is as low as 0.1. However, there are some differences between them.
For example, ActivTrades is regulated by 5 regulatory authorities, including FCA, SCB, CMVM, BACEN, and FSC while IG.com is regulated by 9 regulatory authorities, including ASIC, FCA, JFSA, SFC (Hongkong), FSCA, MAS, FMA, GmbH, FINMA. The trading cost for ActivTrades is 0.5 pips spread 7, whereas IG.com’s trading cost is 0.6 points on key FX pairs, 0.8 points on major indices, and 0.1 points on commodities.
ActivTrades cannot accept US clients as it is not regulated in the USA, while IG.com, being a US-regulated forex broker, can accept clients from both the US and around the world.
Our score for IG.com is 9, and for ActivTrades, it is 9 (according to our expert ratings, brokers that achieve a score of 8.00 or higher are considered safe and trustworthy).
Therefore, ActivTrades is most suited and trusted for non-US traders. However, if you are a US trader seeking a trusted and regulated forex broker, IG.com is a perfect choice.
