Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of DEGIRO's Germany entity and IG Markets' UK entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of DEGIRO's Germany entity and IG Markets' UK entity.
DEGIRO
Not regulated in your country DEGIRO does not accept residents in the UK because it is not regulated by FCA.
73-89% of retail investor accounts lose money when trading CFDs.
IG Markets
Regulated in your country IG Markets is allowed by FCA to onboard clients residing in the UK.
70% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders DEGIRO and IG Markets are best suited to, based on what each one actually offers in United Kingdom.DEGIRO is better than IG Markets for long-term investors, while IG Markets is better for day traders, professional traders and high-volume traders. Swing traders, news traders and futures traders can choose either DEGIRO or IG Markets.
| Overall score | DEGIRO not offered 79 -9 | IG Markets 90 88 Best |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise DEGIRO and the ones that supervise IG Markets.Only IG Markets is regulated in the UK, by the FCA. DEGIRO holds no licence in the UK and is regulated by AFM and BaFin.
| Section score | DEGIRO not offered 100 | IG Markets 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | AFM (Netherlands), BaFin (Germany) | |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that DEGIRO and IG Markets have in place to protect your money in United Kingdom.Both DEGIRO and IG Markets offer segregated client funds and an investor compensation scheme. Both DEGIRO and IG Markets are licensed banks. DEGIRO also offers additional money insurance. DEGIRO holds no licence in the UK and is not covered by the FSCS.
| Section score | DEGIRO not offered 99 Best | IG Markets 91 91 -8 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2008 | 1974 |
| Parent company i | flatexDEGIRO Bank AG | IG Group Holdings plc |
| CEO i | Oliver Behrens | Breon Corcoran |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | flatexDEGIRO Bank AG | Barclays|Lloyds |
| Brand power | ||
| Number of customers worldwide i | 3,000,000 | 820,000 |
| Annual revenue i | USD 480,000,000 | USD 987,300,000 |
| Monthly website search traffic i | 97.1K monthly visits | |
Costs
What we compare A comparison of what it costs to trade with DEGIRO and with IG Markets in United Kingdom, both on each trade and on holding the account.DEGIRO does not offer CFD/FX, being a stockbroker, so IG Markets and DEGIRO cannot be compared for CFD/FX costs.
DEGIRO and IG Markets are equally good for real stock costs, as DEGIRO charges lower futures fees, at 0.75 USD per contract (against IG Markets' 2 USD), and charges lower options fees, at 0.75 USD per contract (against IG Markets' 2 USD). On the other hand, IG Markets does not charge US stock fees (against DEGIRO's 9.28 USD), and does not charge ETF fees (against DEGIRO's 9.28 USD). Neither DEGIRO nor IG Markets charges inactivity fees or account maintenance fees.
| Section score | DEGIRO not offered 73 -2 | IG Markets 87 75 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 5.075 | |
| S&P 500 fees (CFD) i | 0.4 points | |
| Gold fees (CFD) i | 0.3 points | |
| Bitcoin fees (CFD) i | USD 36 | |
| US stocks fees (CFD) i | USD 0.02 | |
| Fees on stocks | ||
| Stock fee type i | Commission | Commission |
| US stocks fees (real) i | USD 9.28 | Free |
| ETF fees (real) i | USD 9.28 | Free |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 0.75 | USD 2 |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 0.75 | USD 2 |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with DEGIRO and with IG Markets in United Kingdom, and of how many instruments each one gives access to.There is no like-for-like comparison for CFD/FX markets, as DEGIRO is a stockbroker and does not offer CFD/FX.
DEGIRO and IG Markets are equally good for real stock markets, since DEGIRO lets you own bonds, ETFs, funds and stocks outright, and offers futures on stocks and bonds. On the other hand, IG Markets gives access to 17,000 tradable symbols (against DEGIRO's 2,800), and offers options on forex. Both DEGIRO and IG Markets offer futures on indices and commodities, and offer options on indices, commodities and stocks.
| Section score | DEGIRO not offered 100 | IG Markets 100 100 |
|---|---|---|
| Total tradable symbols i | 2,800 | 17,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Forex, Indices, Stocks | |
| Futures i | Indices, Commodities, Stocks, Bonds | Indices, Commodities |
| Options i | Indices, Commodities, Stocks | Commodities, Forex, Indices, Stocks |
| Assets you can own i | Bonds, ETF, Funds, Stocks |
Platform
What we compare A comparison of the trading platforms that DEGIRO and IG Markets make available to their clients in United Kingdom.There is no like-for-like comparison for platforms, as DEGIRO is a stockbroker and does not offer CFD/FX.
IG Markets is better than DEGIRO for platforms, since IG Markets offers MetaTrader 5, MetaTrader 4 and TradingView, which DEGIRO does not. DEGIRO and IG Markets both offer a proprietary platform and real-time pricing.
| Section score | DEGIRO not offered 71 -20 | IG Markets 91 91 Best |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of DEGIRO and IG Markets in United Kingdom, and of what each one lets you do from your phone.DEGIRO does not offer CFD/FX, being a stockbroker, so IG Markets and DEGIRO cannot be compared for mobile trading.
IG Markets is better than DEGIRO for mobile trading, since IG Markets offers the MetaTrader 5 app, the MetaTrader 4 app and mobile trading signals, which DEGIRO does not. DEGIRO and IG Markets both offer a proprietary mobile app and mobile price alerts.
| Section score | DEGIRO not offered 67 -26 | IG Markets 93 93 Best |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that DEGIRO and IG Markets allow on their platforms in United Kingdom.There is no like-for-like comparison for CFD/FX trading features, as DEGIRO is a stockbroker and does not offer CFD/FX.
IG Markets is better than DEGIRO for real stock trading features, since IG Markets has no minimum trade size on stocks (against DEGIRO's 1 USD), and offers fractional shares and tier-1 liquidity providers, which DEGIRO does not. Both DEGIRO and IG Markets offer trailing stops.
| Section score | DEGIRO not offered 68 -24 | IG Markets 89 92 Best |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | Agency |
| Average execution time i | 14 ms | |
| Slippage occurrence i | 11% | |
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | |
| Minor/Exotic FX pairs leverage i | 20:1 | |
| Major indices leverage i | 20:1 | |
| Minor indices leverage i | 10:1 | |
| Gold leverage i | 20:1 | |
| Commodities leverage i | 10:1 | |
| Equities leverage i | 3:1 | 5:1 |
| Cryptocurrency leverage i | ||
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | |
| Minimum trade size (stocks) i | USD 1 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at DEGIRO and at IG Markets in United Kingdom, and of who each one is meant for.IG Markets and DEGIRO cannot be set side by side for CFD/FX account types, as DEGIRO is a stockbroker and does not offer CFD/FX, unlike IG Markets.
DEGIRO is better than IG Markets for real stock account types, because DEGIRO offers a stock investing account and a margin investing account, which IG Markets does not. DEGIRO and IG Markets both offer a standard account.
| Section score | DEGIRO not offered 39 Best | IG Markets 46 29 -10 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with DEGIRO and with IG Markets in United Kingdom.IG Markets and DEGIRO cannot be set side by side for account opening, as DEGIRO is a stockbroker and does not offer CFD/FX, unlike IG Markets. DEGIRO holds no licence in the UK.
DEGIRO and IG Markets are equally good for account opening, since DEGIRO offers 7 account base currencies (against IG Markets' 1), and has no minimum withdrawal (against IG Markets' 100 USD). On the other hand, IG Markets credits deposits faster, within the same day (against DEGIRO's 2 days), and offers debit cards. Neither DEGIRO nor IG Markets requires a minimum deposit. DEGIRO holds no licence in the UK.
| Section score | DEGIRO not offered 60 -2 | IG Markets 62 62 |
|---|---|---|
| Minimum deposit i | USD 0 | USD 0 |
| Minimum withdrawal i | USD 0 | USD 100 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | ||
| Local payment methods i | ||
| Account base currencies i | CHF, CZK, EUR, GBP, HUF, NOK, SEK | GBP |
| Deposit waiting time i | up to 2 business days | Instant |
| Withdrawal waiting time i | up to 2 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of DEGIRO and IG Markets in United Kingdom, in how it can be reached and how fast it answers.IG Markets and DEGIRO cannot be set side by side for customer care, as DEGIRO is a stockbroker and does not offer CFD/FX, unlike IG Markets.
IG Markets is better than DEGIRO for customer care, because IG Markets offers a dedicated account manager, which DEGIRO does not. DEGIRO and IG Markets both offer phone support and live chat.
| Section score | DEGIRO not offered 71 -7 | IG Markets 78 78 Best |
|---|---|---|
| Number of languages supported i | 14 | 12 |
| Website languages i | Czech, Danish, German, Greek, English, Finnish, French, Hungarian, Italian, Dutch, Norwegian, Polish, Portuguese, Spanish | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Website available in English i | ||
| Customer support languages i | Czech, Danish, German, Greek, English, Finnish, French, Hungarian, Italian, Dutch, Norwegian, Polish, Portuguese, Spanish | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that DEGIRO and IG Markets provide to their clients in United Kingdom.IG Markets and DEGIRO cannot be compared for learning, because IG Markets is a broker offering both CFDs and stocks while DEGIRO is a stockbroker.
IG Markets is better than DEGIRO for learning, since IG Markets offers professional reports, daily market commentary and daily trading ideas, which DEGIRO does not. DEGIRO and IG Markets both offer education for advanced traders and webinars.
| Section score | DEGIRO not offered 63 -37 | IG Markets 100 100 Best |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
DEGIRO vs IG Markets: which one should you choose?
DEGIRO
Stocks Choose DEGIRO if you want a stockbroker with bonds, ETFs and funds to own outright and several account currencies and live in a country where it is licensed to operate.
Not licensed in the UK 73-89% of retail investor accounts lose money when trading CFDs.
IG Markets
CFD/FX Choose IG Markets if you want an online CFD broker with low trading costs and a guaranteed stop loss.
Stocks Choose IG Markets, regulated in the UK by the FCA, if you want a share dealing service with commission-free US stocks, a wide choice of markets and a demo account.
Open Account 70% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include DEGIRO or IG Markets, each scored with the same data and method as this page.
