image-banner-example-1024x448

IG Markets vs XTB: Comparison and Analysis

Trying to figure out whether to use IG Markets or XTB? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of IG Markets and XTB side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
69% of retail CFD accounts lose money
IG Markets review
Open Account
79% of retail investor accounts lose money
XTB review

Overall Ratings


Rated
90
Rated
83

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • IG Markets
  • XTB

Security 98
Security 95

Cost 62
Cost 76

Trading 100
Trading 75

Education 84
Education 82

Company Info


Foundation
1974
2002
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, dan, de, es, fr, ne, nor, po, ru, swe, it, swi
en, ar, cz, de, es, fr, hu, po, pol, rom, slo, tur, it, chi

Leverage


Non-EU Leverage ?
200:1
200:1
European Leverage ?
30:1
30:1
Australian Leverage ?
200:1
0
US Leverage ?
50:1
0
Canadian Leverage ?
0
0

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
8985
36872
SimilarWeb - Total Visits
9340000
1770000
Facebook Likes
107634
140561
Twitter Likes
25000
9908
Instagram Likes

Deposit and Withdrawal


Minimum Deposit ?
300 USD
Minimum Withdraw ?
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
SafetyPay, PaySafe, PayU
Deposit Waiting Time ?
instant
Instant
Withdraw Waiting Time ?
1 business day
1-3 business days
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
AUD, EUR, GBP, USD, ZAR, AED, CHF, JPY, NZD, SGD
EUR, USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
2.8
0.04
Natural Gas ?
0.01
Silver ?
2.0
0.04
Platinum ?
7.0
Copper ?
21.0
Soybeans ?
0.36
Corn ?
Gold ?
0.3
0.3

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.7
0.6
USD/JPY Average Spread
1.19
1.0
USD/CHF Average Spread
2.07
1.4
GBP/USD Average Spread
1.52
1.7
USD/CAD Average Spread
1.5
AUD/USD Average Spread
0.6
1.1
NZD/USD Average Spread
1.7
EUR/GBP Average Spread
0.9
0.9

Fees on Stocks


Apple
0.00
Facebook
0.00
Alphabet
0.00
Snapchat
0.00
BP
0.00
Tesco
0.00
Barclays
0.00
Lloyds
0.00

Fees on Indices


FTSE100
1.0
1.7
S&P500
0.4
0.5
Dow Jones
1.0
Nasdaq
1.0
2.0
CAC40
1.0
DAX30
2.0
Nikkei 225
7.0
21.0
Euro Stoxx 50
2.0
1.6

Fees on Cryptocurrencies


Bitcoin
1
1
Ethereum
1.2
2%
Ripple
0.30
2%
Litecoin
0
2%
Bitcoin Cash
2.0
1%
Dash
0
2%
Monero
0
0
Neo
0
0

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, es, fr, po
en, ar, cz, de, es, fr, po, pol, rom, ru, slo, tur, it, chi
Watchlist Mobile ?

Available Markets


Forex Pairs ?
90
48
Crypto ?
90
48
Commodities ?
34
21
Stocks ?
12000
1606
Indices ?
37
35
ETF ?
20
108
Futures ?
5
Options ?
20
Bonds ?
12
Metal ?
5
4
Agricultural ?
10
Energies ?
6
2
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
1
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
0.01 lots
Maximum Trade Size ?
100 lots
100 lots

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
22
51
Number Chart Drawing Tools ?
17
31
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, dan, de, es, fr, ne, nor, po, ru, swe, it, swi
en, ar, es, fr, gre, ru, tur, thai, it, chi

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

IG Markets vs XTB: A Comparison Summary

When it comes to trading, choosing the right broker can make a big difference. In this comparison summary, we’ll take a look at two popular brokers: IG Markets and XTB. We’ll examine various aspects of their services, including security, demo accounts, account opening, social-copy trading, markets, trading fees, platforms, and customer care.

Security:

IG Markets has a higher security rating of 98 compared to XTB’s rating of 95. IG Markets is also regulated by more authorities, including the NFA in the US, making it available to US traders.

Demo Accounts:

IG Markets offers an unlimited demo account with virtual funds of $30,000, which can be restored by contacting customer support. XTB offers a demo account with a duration of 30 days and virtual funds of $100,000, which can also be restored by contacting customer support.

Account Opening:

IG Markets has a higher minimum deposit requirement of $300 for most countries, while XTB has no minimum deposit requirement. Both brokers offer a range of account types suitable for different types of traders, including Islamic accounts and professional accounts.

Social-Copy Trading:

Neither IG Markets nor XTB offers social or copy trading features.

Markets:

IG Markets offers a wider range of markets, with 90 forex pairs, 35 commodities, 80+ indices, 12 crypto assets, 16,000+ stocks, 5,400+ ETFs, and 30+ futures and options. XTB offers 57 forex pairs, 27 commodities, 30 indices, 46 crypto assets, 5,000+ stocks, and 500+ ETFs. Both brokers offer shares and ETFs as CFDs and real assets. However, XTB is more suited to short-term investments, as every asset is offered as a CFD, while IG Markets is suitable for both short and long-term investments.

Trading Fees:

Both brokers offer variable spreads, but XTB has lower spreads, starting from 0.3 pips on forex, compared to IG Markets’ starting spread of 0.6 pips. XTB also offers zero-commission real stocks and ETFs for European traders on a monthly volume of up to EUR 100,000. After this amount, there is a commission of 0.2% (10 EUR minimum).

Platforms:

IG Markets offers a range of platforms, including a proprietary platform available via web and desktop, L2 Dealer for stockbroking, ProRealTime for advanced chart analysis, and MetaTrader 4 (MT4) available via WebTrader, desktop, and mobile. XTB offers the xStation proprietary platform, available via web and mobile devices, which is user-friendly and intuitive.

Education/Customer Care:

Both brokers offer extensive education materials, including FAQs, blog articles, ebooks, trading videos, and seminars. IG Markets also offers a dedicated Academy App. Both brokers offer easy-to-contact customer care via phone, email, and live chat, with over 13 available languages at IG Markets.

Conclusion

IG Markets and XTB are both well-regulated brokers with different strengths. IG Markets offers a wider range of markets and platforms, making it suitable for both short and long-term investments, while XTB offers lower spreads and no minimum deposit requirement, making it more suitable for short-term investments. Both brokers offer extensive education materials and easy-to-contact customer care. Ultimately, the choice between these brokers depends on individual preferences and trading styles.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
2FC Financial Srl
Via Filippo Argelati, 10,
Milan, Italy
20143

VAT No. IT10004450960
Copyright © 2024 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Risk Warning / Sitemap