Best IG Markets Alternatives

filippo ucchino Filippo Ucchino calendar Last Updated: March 2022 timer 4 min read

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 Regulation in the USA and Canada, fixed spreads on commodities $100 Spread betting, real shares trading $100


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 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 £ $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+ $100 300+, 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:

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 $100 Yes No No No STP-Market Maker $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.

74-89% of retail CFD accounts lose money

About the Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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