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Side-by-Side Comparison Independent Updated Oct 23, 2026

Westpac Share Trading vs IG Group 2026: Which Broker is Better?

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

Westpac Share Trading

IG Group

Higher ratedIG Group logo

IG Group

4.3/ 5
Visit IG Group →Full review
VS
Westpac Share TradingIG Group
BrokerRank Score2.8/54.3/5 ✓
Min. Deposit$0 ✓$250
Spread from0 pips ✓0.6 pips
Max Leverage1:11:200 ✓
RegulationASICFCA, ASIC, MAS ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
Westpac Share TradingIG Group
Best for Low Fees
Westpac Share TradingIG Group
Best for Regulation
IG GroupWestpac Share Trading
Best Overall
IG GroupWestpac Share Trading
Quick Answer

IG Group is the better choice overall, scoring 4.3/5 vs 2.8/5 on BrokerRank's independent rating. On fees, Westpac Share Trading offers lower spreads (0 pips).

See full side-by-side comparison below

Westpac Share Trading vs IG Group: Key Differences

Feature

Westpac Share Trading

IG Group

Winner
Our Rating
2.8 / 5
4.3 / 5
Min. Deposit
$0
$250
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$19.95/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Stocks, Etf
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Founded
1817
1974
Headquarters
Sydney, Australia
London, UK
Score
2 / 5
3 / 5

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Fees Comparison

Fee

Westpac Share Trading

IG Group

Spread From
0 pips
0.6 pips
Commission
$19.95/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Westpac Share Trading scores 2.75/5 while IG Group scores 4.33/5 in our independent rating.

IG Group edges ahead overall, but Westpac Share Trading 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?

Westpac Share Trading

Westpac Share Trading

2.8/5

Choose Westpac Share Trading if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1817)
IG Group

IG Group

4.3/5

Top pick

Choose IG Group if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • Higher leverage (up to 1:200)
  • More regulatory licences (4)

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
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#2FxPro logo
FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both Westpac Share Trading & IG Group are available in

Frequently Asked Questions

1

Is Westpac Share Trading better than IG Group?

IG Group scores higher overall on our independent rating system. Westpac Share Trading holds a 2.8/5 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, Westpac Share Trading or IG Group?

Westpac Share Trading 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 Westpac Share Trading vs IG Group?

Westpac Share Trading requires a minimum deposit of $0. IG Group requires $250.

4

Which broker is safer, Westpac Share Trading or IG Group?

Westpac Share Trading is regulated by ASIC, while IG Group holds licences from FCA, ASIC, MAS, SEC.

5

What trading platforms do Westpac Share Trading and IG Group support?

Westpac Share Trading supports Proprietary Web, Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.

6

Can I use both Westpac Share Trading 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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