Higher Rated
IG Group
Capital at risk · T&Cs apply
In the world of online trading, EasyMarkets and IG Group stand out, offering distinct advantages tailored to different types of traders. EasyMarkets, founded in 2001 and regulated by CySEC and ASIC, appeals to beginners with its low $25 minimum deposit and user-friendly features like free guaranteed stop-loss and dealCancellation. In contrast, IG Group, established in 1974 and regulated by top-tier authorities like the FCA, caters to experienced traders with access to over 17,000 markets and advanced charting options through ProRealTime. While EasyMarkets offers simplicity and higher leverage of up to 1:400, IG Group provides a broader range of markets and robust research tools, albeit with a higher minimum deposit requirement.
EasyMarkets
IG Group
| EasyMarkets | IG Group | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 4.3/5 ✓ |
| Min. Deposit | $25 ✓ | $250 |
| Spread from | 0.7 pips | 0.6 pips ✓ |
| Max Leverage | 1:400 ✓ | 1:200 |
| Regulation | CySEC, ASIC | FCA, ASIC, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, IG Group offers lower spreads (0.6 pips).
See full side-by-side comparison belowEasyMarkets
IG Group
WinnerEasyMarkets
IG Group
Lower feesEasyMarkets, founded in 2001 and headquartered in Limassol, Cyprus, is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). The broker offers a high level of fund protection with features such as negative balance protection and a free guaranteed stop-loss. These measures ensure that clients' accounts cannot go into negative territory, providing an extra layer of safety.
IG Group, established in 1974 with its headquarters in London, UK, is regulated by several top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK, ASIC in Australia, the Monetary Authority of Singapore (MAS), and the US Securities and Exchange Commission (SEC). This extensive regulatory oversight ensures comprehensive fund protection schemes, making IG Group a highly reliable option for traders seeking maximum security.
EasyMarkets offers spreads starting from 0.7 pips with no commission on trades. The broker's fee structure is straightforward, with a low minimum deposit requirement of just $25, making it accessible for beginners. However, the fixed spreads are generally wider compared to some competitors, which may impact cost-effectiveness for tight-margin strategies. Additionally, EasyMarkets provides a unique dealCancellation feature, allowing traders to undo trades within a specific time frame, adding an innovative edge.
IG Group provides a more competitive spread starting from 0.6 pips and similarly charges no commission on trades. However, the initial minimum deposit requirement is significantly higher at $250. IG Group's fees can be more complex, with potential charges for inactivity after two years. Despite this, the broker's access to over 17,000 markets and extensive research tools may justify the costs for active traders seeking variety and depth in their trading experience.
EasyMarkets offers its Proprietary Web and Mobile platforms alongside the popular MT4 platform, providing a user-friendly interface but lacking advanced charting tools. In contrast, IG Group offers a Proprietary Web and Mobile platform, MT4, and also supports ProRealTime charts, known for advanced analytics and customisation capabilities, making it a more suitable choice for traders who rely heavily on technical analysis.
For beginners, EasyMarkets is the winner with its low minimum deposit and simple fee structure. For professionals, IG Group stands out due to its extensive market offerings and advanced analytical tools. In terms of fees, EasyMarkets may offer more straightforward cost structures for those prioritising low entry barriers.
EasyMarkets
3.6/5
Choose EasyMarkets if you want…
IG Group
4.3/5
Choose IG Group if you want…
IG Group scores higher overall on our independent rating system. EasyMarkets holds a 3.6/5 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.
EasyMarkets offers spreads from 0.7 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
EasyMarkets requires a minimum deposit of $25. IG Group requires $250.
EasyMarkets is regulated by CySEC, ASIC, while IG Group holds licences from FCA, ASIC, MAS, SEC.
EasyMarkets supports Proprietary Web, Proprietary Mobile, MT4. 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.