XTB vs IG.com Compared 2024

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Traders consistently seek trusted and reliable trading platforms that suit their trading styles and preferences. XTB and IG are top-tier regulated brokers providing online trading services worldwide. XTB is known for its social trading and multi-asset platform, regulated in three tier-1 jurisdictions and one tier-4 jurisdictions including CySEC, FCA , KNF, FSC.  On the other hand, IG specializes in online forex trading, regulated by six tier-1 jurisdictions and one tier-2 jurisdictions including FCA , FSA-Japan , NFA , AMF, FMA , MAS , DFSA. While these brokers offer similar services, they each have their own strengths and weaknesses.

In this article, I have compared XTB and IG in terms of trading platforms, Pros, Cons, regulations, tradable assets, fees, customer support, and overall trading experience score. This analysis aims to help you determine which broker better suits your trading style and preferences.

XTB

Founded in 2002, XTB is an exchange-listed forex and CFD broker with headquarters in Poland and offices in over 13 countries. The broker offers more than 5,500 forex, CFDs as well as real stocks and ETFs for trading on its proprietary platforms. XTB boasts of over 800,000 clients from all over the world.

Risk warning: 81% of retail accounts lose money

XTB Overview
  • Founded In: 2002
  • Minimum Deposit: $0
  • Maximum Leverage: 1:500
  • Regulations:CySEC, FCA , KNF , IFSC
  • Trading platform:xStation 5 , xStation Mobile
  • Account Types: Standard, Pro, Islamic
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Maestro, Neteller, Paysafe, SafetyPay, Skrill
  • US Traders: Not Accept

IG

Founded in 1974 as IG Index by Bristish Financier Stuart Wheeler, IG is a well known forex and CFD broker.It  offers offer over 100 forex currency pairs, cfxfds, commodities, stocks, index, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

IG Markets Overview
  • Founded In: 1974
  • Minimum Deposit: $250
  • Maximum Leverage: 200:1
  • Regulations: ASIC, FCA, FSA, NFA , AMF, FMA, MAS, DFSA
  • Trading platform: MT4, WebTrader, MobileTrader (MobileApp), ProRealTime
  • Account Types: Standard account, DMA Account
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, PayPal
  • US Traders:  Accepted 

XTB vs IG: Pros and Cons

XTB Pros & Cons

Pros
  • Regulated by  FCA, FSC, KNF, DDM-M, DNMV,
  • The Minimum deposit is as low as $1
  • The Maximum Leverage is as high as 1:500
  • Allows scalping, EA/Robot Trading, News Trading 
  • Trade stocks, ETFs, indices, commodities, cryptocurrencies, and forex
  • 0% commission on stock and ETF trading (only applicable to some EU countries)
  • Traders  can enjoy commission-free trading with spreads as low as 0.25 pips
Cons
  • XTB does not offer  cTrader, MT4/MT5, or Ninja Trader which are the most popular platforms in the world 
  • No passive investment programme ( PAMM, MAM Accounts) 
  • Withdrawal fees for transfers below $100 or €200
  • Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
  • Complex trading platform for a beginner
  • CFDs only – so traders do not own the underlying asset

IG Pros & Cons

Pros
  • Regulated by multiple top tire regulators like  NFA,  FCA, ASIC, FSA, AMF, FMA, MAS, DFSA 
  • Allows scalping, EA/ Robot Trading, News Trading
  • Offers web trading, mobile trading and ECN Trading 
  • IG's acquisition of tastytrade for $1 billion brought options trading and listed-derivatives (such as futures) trading to clients in the United States
  • 16,000 trading instruments, investments in IPOs and exchange-traded funds;
  • Quality choice of trading platforms, including MT4, WebTrader, MobileTrader (MobileApp), ProRealTime
  • Relatively good spreads, from 0.6-1 pips depending on the type of instrument;
  •  Offers passive investment programme ( MAM, PAMM accounts)
Cons
  • Relatively high Minimum deposit ( Min Deposit $250) 
  • Conservative leverage in some areas  ( The max leverage is 1:200)
  • IG charges $/£12/€14 per month after 24 months of inactivity 
  • Limited product range on MT4
  • High Stock CFD fees 

XTB vs IG: Side-by-Side Comparison

XTB
IG.com
Product
Product
Founded In
Founded In
2002
1974
Founded By
Founded By
Jakub Zablocki
Stuart Wheeler
Headquarters
Headquarters
Belize City, Belize
London, UK
Regulations
Regulations
CySEC, FCA , KNF, IFSC
ASIC , FSCA ,DFSA , FCA,NFA
Min Deposit
Min Deposit
None
$50
Max Leverage
Max Leverage
1:500
50:1
Tradable Assets
Tradable Assets
Offer nearly 2000 CFDs based on Forex, Indices, Commodities, Cryptocurrencies, Stocks and ETFs.
Indices, Forex ,Shares, Commodities ,Cryptocurrencies, Bond
Fees
Fees
Spread from 0.9 pips
Spread from
Platforms and Tools
Platforms and Tools
xStation 5 , xStation Mobile
MT4
US Traders
US Traders
Not Allowed
Allowed

XTB Vs IG: Our Scores and Ratings

We rated both brokers, XTB 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.

XTB :

8.8
XTB Scores
Regulation and Security (40%)9.8
Fees and Commissions (20%)7.5
Trading (15%)8
Trading tools (10%)8.6
Customer Support (10%)9
Trading Education (5%)8

IG

9
Total Score
Regulation and Security (40%)10
Fees and Commissions (20%)9
Trading (15%)8
Trading tools (10%)8
Customer Support (10%)8
Trading Education (5%)8

Final Verdict :

Both XTB and IG are regulated online trading platforms in the industry, offering services to traders and investors. However, there are some differences between them. XTB is a multi-asset and social trading platform, providing trading instruments, including stocks,ETFs,CFDs on forex,CFDs,CFDs on indices,CFDs on commodities,CFDs on cryptocurrencies.It offers both leverage and non-leverage tradable assets.

On the other hand, IG is a forex and CFD broker offering indices, forex ,shares, commodities ,cryptocurrencies, bonds. Our score for XTB is 8.8, and for IG, it is 9.0 (based on our research; a score above 8 is considered safe and trustworthy). If you are seeking a social trading platform where you can copy other successful traders and have a one-stop solution for various types of trading, you may choose XTB. However, if you prefer online forex and CFD brokers, you may choose IG.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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