Freetrade vs IG Group 2026: Which Broker is Better?
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 vs IG Group: Key Differences
Freetrade
IG Group
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Fees Comparison
Freetrade
Lower feesIG Group
BrokerRank Verdict
Who Should Choose Which?
Freetrade
3.0/5
Choose Freetrade if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- Higher leverage (up to 1:200)
- More regulatory licences (4)
- More market types (6)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Freetrade & IG Group are available in
Frequently Asked Questions
1Is Freetrade better than IG Group?
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.
2Which has lower fees, Freetrade or IG Group?
Freetrade offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Freetrade vs IG Group?
Freetrade requires a minimum deposit of $0. IG Group requires $250.
4Which broker is safer, Freetrade or IG Group?
Freetrade is regulated by FCA, while IG Group holds licences from FCA, ASIC, MAS, SEC.
5What trading platforms do Freetrade and IG Group support?
Freetrade supports Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Freetrade and IG Group?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research
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