AvaTrade
IG Group
VS
Higher Rated
IG Group
Capital at risk · T&Cs apply
In the comparison of AvaTrade and IG Group, traders will find two well-established brokers with distinct offerings tailored to different trading preferences. AvaTrade, with its headquarters in Dublin and a reputation for strong educational resources and copy trading options, appeals to novice traders seeking a commission-free experience with a lower minimum deposit of $100. In contrast, IG Group, based in London and boasting over 50 years of industry experience, caters to seasoned traders attracted to its extensive market access, advanced charting tools, and comprehensive research offerings. While AvaTrade offers higher leverage at 1:400, IG Group provides a more competitive spread starting from 0.6 pips, making it an attractive option for those prioritising cost efficiency.
AvaTrade
IG Group
| AvaTrade | IG Group | |
|---|---|---|
| BrokerRank Score | 4.0/5 | 4.3/5 ✓ |
| Min. Deposit | $100 ✓ | $250 |
| Spread from | 0.9 pips | 0.6 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:200 |
| Regulation | FCA, ASIC, MAS | FCA, ASIC, MAS ✓ |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 4.0/5 on BrokerRank's independent rating. On fees, IG Group offers lower spreads (0.6 pips).
See full side-by-side comparison belowAvaTrade
IG Group
WinnerAvaTrade
IG Group
Lower feesAvaTrade and IG Group are both highly regulated brokers, ensuring a safe trading environment for their clients. AvaTrade operates under the jurisdiction of six regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS). This wide array of regulatory oversight provides traders with a high level of security and assurance.
IG Group, on the other hand, boasts regulation by not only the FCA, ASIC, and MAS but also the Securities and Exchange Commission (SEC) in the United States. With over 50 years in the industry, IG Group has a longstanding reputation for safety and reliability. Both brokers offer fund protection schemes, but IG Group's extensive market experience may offer an additional layer of confidence for traders seeking a well-established brokerage.
When it comes to fees and spreads, AvaTrade offers spreads starting from 0.9 pips with no commissions on most accounts. However, it has a notable inactivity fee of $50 after three months of non-use. The minimum deposit for AvaTrade is $100, and it provides maximum leverage up to 1:400, which can be attractive for traders looking for higher leverage options.
IG Group offers more competitive spreads starting from 0.6 pips and also does not charge commissions on standard accounts. Its minimum deposit requirement is higher at $250, and it imposes an inactivity fee only after two years. The maximum leverage available is 1:200. While IG Group has a more complex fee structure, its lower spreads may appeal to traders seeking cost efficiency.
AvaTrade provides traders with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with its proprietary mobile platform. This range offers flexibility and advanced trading tools. IG Group offers its proprietary web and mobile platforms, in addition to MT4. IG’s platforms are known for their excellent research tools and ProRealTime charting software, catering to traders who value in-depth market analysis.
For beginners, AvaTrade may be the better choice due to its lower minimum deposit and educational resources. For professional traders, IG Group stands out with its extensive market offerings and advanced research tools. On fees, IG Group generally provides lower spreads, making it more appealing for cost-conscious traders.
AvaTrade
4.0/5
Choose AvaTrade if you want…
IG Group
4.3/5
Choose IG Group if you want…
IG Group scores higher overall on our independent rating system. AvaTrade holds a 4.0/5 rating vs IG Group's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
AvaTrade offers spreads from 0.9 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
AvaTrade requires a minimum deposit of $100. IG Group requires $250.
AvaTrade is regulated by FCA, ASIC, MAS, while IG Group holds licences from FCA, ASIC, MAS, SEC.
AvaTrade supports MT4, MT5, Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.