Skip to main content
Side-by-Side Comparison Independent Updated Oct 28, 2026

Wealthsimple vs IG Group 2026: Which Broker is Better?

Compare Wealthsimple and IG Group side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

Wealthsimple

IG Group

Higher ratedIG Group logo

IG Group

4.3/ 5
Visit IG Group →Full review
VS
WealthsimpleIG Group
BrokerRank Score3.2/54.3/5 ✓
Min. Deposit$0 ✓$250
Spread from0 pips ✓0.6 pips
Max Leverage1:11:200 ✓
RegulationCIROFCA, ASIC, MAS ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
WealthsimpleIG Group
Best for Low Fees
WealthsimpleIG Group
Best for Regulation
IG GroupWealthsimple
Best Overall
IG GroupWealthsimple
Quick Answer

IG Group is the better choice overall, scoring 4.3/5 vs 3.2/5 on BrokerRank's independent rating. On fees, Wealthsimple offers lower spreads (0 pips).

See full side-by-side comparison below

Wealthsimple vs IG Group: Key Differences

Feature

Wealthsimple

IG Group

Our Rating
3.2 / 5
4.3 / 5
Min. Deposit
$0
$250
Max Leverage
Spread From
0 pips
0.6 pips
Commission
None
None
Regulated By
CIRO
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Stocks, Crypto
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Founded
2014
1974
Headquarters
Toronto, Canada
London, UK
Score
2 / 4
2 / 4

Still deciding between Wealthsimple and IG Group?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

Wealthsimple

Lower fees

IG Group

Spread From
0 pips
0.6 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Wealthsimple scores 3.20/5 while IG Group scores 4.33/5 in our independent rating.

IG Group edges ahead overall, but Wealthsimple may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

Wealthsimple

Wealthsimple

3.2/5

Choose Wealthsimple if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
IG Group

IG Group

4.3/5

Top pick

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

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both Wealthsimple & IG Group are available in

Frequently Asked Questions

1

Is Wealthsimple better than IG Group?

IG Group scores higher overall on our independent rating system. Wealthsimple holds a 3.2/5 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.

2

Which has lower fees, Wealthsimple or IG Group?

Wealthsimple offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Wealthsimple vs IG Group?

Wealthsimple requires a minimum deposit of $0. IG Group requires $250.

4

Which broker is safer, Wealthsimple or IG Group?

Wealthsimple is regulated by CIRO, while IG Group holds licences from FCA, ASIC, MAS, SEC.

5

What trading platforms do Wealthsimple and IG Group support?

Wealthsimple supports Proprietary Web, Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.

6

Can I use both Wealthsimple and IG Group?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply