Firstrade
IG Group
VS
Higher Rated
IG Group
Capital at risk · T&Cs apply
Firstrade and IG Group cater to distinct trading needs, making them suitable for different types of investors. Firstrade, based in New York and regulated by the SEC and CFTC, appeals to cost-conscious traders seeking zero commission on stocks, ETFs, and options with no minimum deposit requirements. Its straightforward approach, however, is limited by basic research tools and a narrower product range. In contrast, IG Group, headquartered in London and regulated by top-tier entities like the FCA and ASIC, suits more experienced traders looking for a diverse array of instruments, including forex, CFDs, and cryptocurrencies, supported by comprehensive research tools and advanced charting options.
Firstrade
IG Group
| Firstrade | IG Group | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.3/5 ✓ |
| Min. Deposit | $0 ✓ | $250 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:2 | 1:200 ✓ |
| Regulation | SEC, CFTC | FCA, ASIC, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowFirstrade
IG Group
Firstrade
Lower feesIG Group
Firstrade
3.4/5
Choose Firstrade if you want…
IG Group
4.3/5
Choose IG Group if you want…
IG Group scores higher overall on our independent rating system. Firstrade holds a 3.4/5 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.
Firstrade offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
Firstrade requires a minimum deposit of $0. IG Group requires $250.
Firstrade is regulated by SEC, CFTC, while IG Group holds licences from FCA, ASIC, MAS, SEC.
Firstrade supports Proprietary Web, 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.