Best IG Markets Alternatives
With years of experience in the Forex trading market, IG Markets has gone a long way in creating a name for itself in the market as shown in this IG Markets review. Sometimes, though, you may wish to check out some other Forex brokers like IG Markets.
Before diving into the top 10, here’s a resuming chart to let you know why we have chosen these brokers as IG Markets alternatives:
| IG Markets Alternatives | Alternative for | Minimum Deposit |
|---|---|---|
| eToro | Copy trading, real assets trading | $200 |
| Plus500 | Unlimited demo and proprietary platform | $100 |
| CMC Markets | Spread Betting and lower spreads | $0 |
| Pepperstone | Scalping, Spread Betting | $0 |
| Admiral Markets | Real stocks and ETFs trading | $100 ($1 Invest) |
| XTB | Low spreads and good range of assets | $0 |
| Saxo Bank | Massive number of assets and 2 proprietary platforms | $500 |
| AvaTrade | Spread betting, fixed spreads | $100 |
| Forex.com | Regulation in the USA and Canada, fixed spreads on commodities | $50 |
| Markets.com | Spread betting, real shares trading | $100 |
WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
Table of contents
IG Markets Scalping and Low Spread Alternatives
If you are a low spread and scalping enthusiast, you can trade these assets on a wide range of Forex platforms aside from IG Markets.
Our Top 10 ECN Forex Brokers Scalping gives you a list of your options. Check the article out for the available alternatives to IG Markets.
In the meantime, this is the summary of the best alternatives for IG markets:
| Broker | Minimum Deposit | Avg. Spreads EUR/USD |
|---|---|---|
| Pepperstone | $0 | 0.09 pips |
| Admiral Markets | $100 ($1 Invest) | 0.1 pips |
| XTB | $0 | 0.9 pips |
IG Markets Unlimited Demo Account Alternatives
If you are a new trader on IG Markets, you can leverage its demo account to learn about Forex trading before diving into trading on live accounts.
Nevertheless, some other Forex brokers offer unlimited demo accounts too, consider these alternatives in the Top 10 Best Forex Demo Account.
| Broker | Demo trial | Minimum deposit for a live account |
|---|---|---|
| Plus500 | Unlimited | $100 |
| Markets.com | Unlimited | $100 |
| XTB | Unlimited | $0 |
IG Markets Spread Betting Alternatives
IG Markets is one of the popular Forex brokers that spread betting enthusiasts turn to. Nevertheless, you’re not stuck with this trading platform because you have several options. The Top 10 UK Spread Betting Forex Brokers provides a list of other options.
| Broker | Minimum Deposit | Minimum Bet |
|---|---|---|
| CMC Markets | $0 | 0.50 £ |
| Pepperstone | $0 | 0.20 £ |
| AvaTrade | $100 | 0.10 £ |
| Markets.com | $100 | N/A |
IG Markets Copy Trading Alternatives
Copy trading traders are not limited to IG Markets only. You have other credible options to choose from and trade this asset.
For a start, check the list of the Top 10 Best Copy Trading Platforms for a list of your options. The table below also gives a summary of the available options and why they are considered worthy of your consideration:
| Broker | Minimum Deposit | Platform |
|---|---|---|
| eToro | $200 | WebTrader |
| Pepperstone | $0 | DupliTrade, myfxbook |
| AvaTrade | $100 | ZuluTrade, DupliTrade |
IG Markets CFD Alternatives
Trading CFDs is one of the best ways to take advantage of the money-making opportunities in the Forex market.
While a significant number of traders patronize IG Markets, you can take your trading elsewhere. Your options are listed in the table below:
| Broker | Minimum Deposit | Number of CFD Assets |
|---|---|---|
| Saxo Bank | $500 | 40.000+ |
| Plus500 | $100 | 2.000+ |
| Forex.com | $50 | 300+, including 200+ shares |
Choosing IG markets Alternatives: Main Perks and Characteristics
The reasons behind IG Markets’ growing popularity and factors you must consider when looking for its alternatives are:
- IG Markets offers over 17,000 CFDs. Thus, you have tons of CFDs to choose from and trade.
- Its spreads are a bit higher than those of other brokers.
- It offers unlimited demo.
- It’s a great trading platform that offers an impressive account choice.
- Do you care for spread betting? IG Markets supports it.
For a better knowledge of IG Markets, check the IG Markets Review.
What is IG Markets Missing?
IG Markets is among the best forex brokers in the world, but even IG is missing some features that may be interesting for some traders. Here is what IG is missing:
- Spreads from 0 pips
- Fixed Spreads
- cTrader trading platform
- MT5 trading platform
- Copy Trading
- Social Trading
IG Markets Alternatives Comparison
Here is a graphical representation of the top 10 IG Markets alternatives:
| Feature | Minimum Deposit | CFD Assets | Real Assets | Raw Spreads from 0 pips | Spread Betting | Execution |
|---|---|---|---|---|---|---|
| IG Markets | $250 | Yes | No | No | Yes | Market Maker |
| eToro | $200 | Yes | Yes | No | No | STP |
| Plus500 | $100 | Yes | No | No | No | Market Maker |
| CMC Markets | $0 | Yes | No | No | Yes | DMA |
| Pepperstone | $0 | Yes | No | Yes | Yes | STP/ECN |
| Admiral Markets | $100 ($1 Invest) | Yes | Yes | Yes | No | STP/ECN |
| XTB | $0 | Yes | No | Yes | No | DMA |
| Saxo Bank | $500 | Yes | No | No | No | Market Maker |
| AvaTrade | $100 | Yes | No | No | Yes | Market Maker |
| Forex.com | $50 | Yes | No | No | No | STP-Market Maker |
| Markets.com | $100 | Yes | Yes | No | Yes | Market Maker |
IG Markets Alternatives FAQ
What is IG Markets’ best alternative?
The overall best alternative for Axi is eToro. Regarding specific features, Pepperstone is the best alternative for scalping.
For unlimited demo account, the best alternative to IG Markets is Plus500 while CMC Markets offer a better trading experience for spread betting.
The best IG Markets alternative for copy trading is eToro while Saxo Bank offers the best services for CFD assets.
About the Author
Luca Puddu
Always full of different interests, Luca started to get interested in the field of personal finance in 2014.
His self-taught studies led him year by year to become increasingly interested in the investment field.
To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.
His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.
In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.
