Freetrade
IG Group
VS
Higher Rated
IG Group
Capital at risk · T&Cs apply
When comparing Freetrade and IG Group, the key difference lies in their target clientele and range of offerings. Freetrade, with its commission-free stock trading and user-friendly mobile app, appeals primarily to novice and UK-based investors interested in straightforward stock and ETF investments without the need for leverage or complex instruments. In contrast, IG Group caters to more experienced traders seeking a comprehensive suite of markets, including CFDs, forex, and cryptocurrencies, supported by advanced trading platforms and extensive research tools. While Freetrade focuses on simplicity and cost-effectiveness, IG Group offers a broader scope of trading opportunities and sophisticated features.
Freetrade
IG Group
| Freetrade | IG Group | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 4.3/5 ✓ |
| Min. Deposit | $0 ✓ | $250 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:1 | 1:200 ✓ |
| Regulation | FCA | FCA, ASIC, MAS ✓ |
| Platforms | Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Freetrade offers lower spreads (0 pips).
See full side-by-side comparison belowFreetrade
IG Group
Freetrade
Lower feesIG Group
Freetrade
3.0/5
Choose Freetrade if you want…
IG Group
4.3/5
Choose IG Group if you want…
IG Group scores higher overall on our independent rating system. Freetrade holds a 3.0/5 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.
Freetrade offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
Freetrade requires a minimum deposit of $0. IG Group requires $250.
Freetrade is regulated by FCA, while IG Group holds licences from FCA, ASIC, MAS, SEC.
Freetrade supports 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.