Higher Rated
IG Group
Capital at risk · T&Cs apply
In the world of online trading, IG Group and Stake cater to distinct types of traders with their unique offerings. IG Group, with a rating of 4.33/5, appeals to experienced traders seeking access to a diverse range of markets including CFDs, forex, and cryptocurrencies. With over 17,000 markets and top-tier regulation, it suits those who value comprehensive research tools and advanced trading platforms. On the other hand, Stake, rated 3.44/5, is ideal for beginner to intermediate traders interested in commission-free trading of US, AU, and UK stocks, offering a user-friendly platform with no minimum deposit requirement.
IG Group
Stake
| IG Group | Stake | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.4/5 |
| Min. Deposit | $250 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:1 |
| Regulation | FCA, ASIC, MAS ✓ | ASIC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
IG Group is the better choice overall, scoring 4.3/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Stake offers lower spreads (0 pips).
See full side-by-side comparison belowIG Group
Stake
IG Group
Stake
Lower feesIG Group is a well-established brokerage firm, founded in 1974, and is headquartered in London, UK. The broker is regulated by top-tier regulatory bodies including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Monetary Authority of Singapore (MAS), and the Securities and Exchange Commission (SEC) in the United States. This extensive regulatory oversight provides clients with a high level of security and trust, emphasised by fund protection schemes such as segregated accounts and negative balance protection.
Stake, on the other hand, was founded in 2017 and is based in Sydney, Australia. It is regulated by both the ASIC and FCA, offering a solid level of safety and regulatory compliance. However, as a newer entrant, its regulatory reach is somewhat limited compared to IG Group. Stake also provides fund protection through segregated accounts, but it does not offer negative balance protection, which could be a consideration for risk-conscious investors.
IG Group offers competitive spreads starting from 0.6 pips on forex pairs, with no commission fees, which is attractive for active traders who deal in high volumes. The minimum deposit required is $250. IG Group's fee structure can be complex due to various other fees like the inactivity fee applicable after two years of no trading activity. Additionally, overnight fees are charged for positions held overnight, which can vary depending on the market.
Stake provides a different fee structure, focusing on commission-free trading for US, AU, and UK stocks. The spreads start from 0 pips, and no minimum deposit is required, making it accessible for beginners. However, Stake charges a foreign exchange conversion fee ranging from 0.5% to 0.7% when converting currencies, which can add up for frequent traders. Stake does not charge overnight fees as it solely offers stock trading with no leverage.
IG Group offers a range of trading platforms including its Proprietary Web and Mobile platforms, as well as MetaTrader 4 (MT4), appealing to both beginners and experienced traders. The platforms are known for their robust functionality, comprehensive research tools, and advanced charting capabilities. Stake, in contrast, provides a clean and modern proprietary web and mobile platform that is easy to use but lacks the advanced research and analytical tools found on IG Group's platforms.
For beginners, Stake is more suitable due to its commission-free structure and no minimum deposit requirement. For professional traders, IG Group stands out with its extensive market offerings and advanced platforms. In terms of fees, Stake offers a more straightforward, cost-effective approach for stock trading.
IG Group
4.3/5
Choose IG Group if you want…
Stake
3.4/5
Choose Stake if you want…
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs Stake's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
IG Group offers spreads from 0.6 pips, while Stake starts at 0 pips. Check the fees section above for a full breakdown.
IG Group requires a minimum deposit of $250. Stake requires $0.
IG Group is regulated by FCA, ASIC, MAS, SEC, while Stake holds licences from ASIC, FCA.
IG Group supports Proprietary Web, Proprietary Mobile, MT4. Stake supports Proprietary Web, Proprietary Mobile.
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.