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XTB VS IG

Compare XTB VS IG and see what are their differences

XTB logo XTB

Leading European FX & CFDs brokerage Group

IG logo IG

IG is an easy-to-use website that provides you a platform to invest and trade in an online market instrument like FX, Crypto-currencies, Shares, Commodities, Bonds and Rates, and ETFs.
  • XTB Landing page
    Landing page //
    2023-02-15
  • IG Landing page
    Landing page //
    2023-08-17

XTB features and specs

  • Low forex fees
    XTB offers competitive fees for forex trading, which can be beneficial for frequent traders looking to minimize costs.
  • Great customer support
    XTB is known for its strong customer service with support available through multiple channels, ensuring that traders can get assistance promptly.
  • User-friendly platform
    XTB provides an easy-to-navigate trading platform with a variety of tools and features, making it accessible for both beginners and experienced traders.
  • Variety of educational resources
    XTB offers an extensive range of educational materials, including webinars, articles, and courses, to help traders improve their knowledge and skills.
  • Regulatory oversight
    XTB is regulated by several top-tier financial authorities, providing a degree of safety and security for traders using its platform.

Possible disadvantages of XTB

  • Limited product portfolio
    While XTB offers forex, CFDs, and some other financial instruments, it has a limited selection compared to some other brokers with more diverse offerings.
  • Inactivity fees
    XTB charges an inactivity fee if there is no trading activity for a specified period, which may deter less active traders.
  • Withdrawal fees on some methods
    Some withdrawal methods with XTB may incur fees, which could be a downside for traders looking to avoid additional costs.
  • No crypto deposit or withdrawal
    While XTB allows trading in cryptocurrencies, it does not support deposits or withdrawals in crypto, which may not be ideal for crypto-centric traders.
  • Spread markups
    For certain account types or trading conditions, XTB may have higher spreads compared to some other brokers, impacting trading costs.

IG features and specs

  • Wide Range of Products
    IG offers a comprehensive suite of trading products including forex, indices, shares, commodities, cryptocurrencies, and more, providing traders with diverse opportunities.
  • Regulatory Compliance
    As a UK-based company, IG is regulated by the Financial Conduct Authority (FCA) and other global financial regulatory bodies, ensuring a high level of security and trust for its clients.
  • Advanced Trading Platforms
    IG provides powerful trading platforms like the IG Trading platform and MetaTrader 4, which come with advanced charting tools, technical indicators, and various order types for both beginner and advanced traders.
  • Educational Resources
    Offers an extensive range of educational materials including webinars, seminars, and articles to help traders enhance their knowledge and improve their trading skills.
  • User-Friendly Interface
    The platform's interface is clean, intuitive, and easy to navigate, making it accessible for users at various levels of trading experience.

Possible disadvantages of IG

  • High Fees for Certain Products
    IG's fees can be relatively high for some products, such as share trading, which may deter cost-conscious traders.
  • Not Available in All Countries
    IG's services are not available in certain countries, which limits accessibility for some international traders.
  • Limited Cryptocurrency Offering
    Compared to some other platforms, IG offers a limited selection of cryptocurrencies, which might not satisfy traders interested in a wider range of digital assets.
  • Inactivity Fees
    IG charges an inactivity fee on accounts that have not been active for a certain period, which could be a disadvantage for infrequent traders.
  • Complexities in Understanding Spread Betting and CFDs
    For beginners, understanding the intricacies of IG's spread betting and CFD products can be complex, which might lead to confusion or misinformed trading decisions.

XTB videos

XTB Full Trading Review - Everything you need to know and more!

More videos:

  • Review - Review XTB ๐Ÿ”Ž Ventajas y desventajas ยฟNuevo brรณker sin comisiones?
  • Review - Recenzie a brokerului XTB

IG videos

IG Broker 3 Minute Review

More videos:

  • Review - IG BROKER REVIEW | What are the HIDDEN fees all need to know?!
  • Review - IG Trading โ€“ What To Be Aware Of (DON'T Be Fooled)

Category Popularity

0-100% (relative to XTB and IG)
Finance
68 68%
32% 32
Investing
69 69%
31% 31
Trading
66 66%
34% 34
Business & Commerce
43 43%
57% 57

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare XTB and IG

XTB Reviews

XTB vs EightCap: Broker Comparison
XTB: Offers access to over 2,100 financial instruments, including forex, indices, commodities, shares, ETFs, and cryptocurrencies. This variety makes XTB an ideal choice for traders seeking a broader range of markets to diversify.
Source: spreadbet.ai
Best Forex Brokers: Top 5 Most Authentic FX Brokers Of 2022
XTB Online trading has been one of the largest and most popular forex brokers in the foreign exchange market across the world. Regulated by several well-known authorities like the Financial Conduct Authority, XTB is known for the level of safety it provides.
6 Best Commission-Free Brokers in Europe for 2022
XTB also offers other financial products such as commodities and cryptocurrencies. XTB charges high commissions on CFDs of cryptocurrencies but low costs for Forex. Besides, you will face an inactivity fee of โ‚ฌ10/month after one year of non-trading and if you have not made any deposit in the last 90 days. Opening an account and transferring money is a quick and hassle-free...
Best Forex Trading Platforms: Most Famous Forex Brokers & Traders of 2021
XTB is Polandโ€™s first foreign exchange brokerage platform under the regulation of the Polish authorities. XTB Online Trading is an excellent opportunity if you want to become the best forex trader, providing access to trading with commodities, cryptocurrencies, shares, indices, and metals. XTB appears to be a veteran in forex trading, as the broker is regulated in the United...
5 Best Trading Platforms in Europe for 2020
XTB has low fees overall, although these vary by account type. For Standard Account holders, commissions are included in the spread for forex, indices, commodities, and cryptocurrencies, while fees for CFDs on stocks and ETFs start from 0.08% per lot. Forex spreads start from 0.1 pips for popular pairs like EURUSD / GBPUSD / EURGBP/ with a minimum of 0.35 per trade.
Source: ampleinvest.com

IG Reviews

Pepperstone vs IG UK Broker Comparison
IG isnโ€™t exactly shy with fees, but they do offer value for money. Forex spreads start at 0.6 pips, which isnโ€™t bad but not quite as tight as Pepperstoneโ€™s Razor account. If youโ€™re trading share CFDs, youโ€™ll pay ยฃ10 per side, so equities fans may want to factor that in. IG also charges a ยฃ12/month inactivity fee after two years, so donโ€™t ghost your account for too long.
IG vs City Index UK Broker Comparison
While it may seem like a clean sweep for IG, itโ€™s worth keeping in mind that City Index is one of the best brokers in the UK. It towers above most ordinary brokers in terms of platforms, spread betting offerings, range of instruments (over 13000!) and general usability. IG is no challenger, they are the best broker in the UK for a reason and even against stiff competition...
IG vs Pepperstone: Broker Comparison
IG: Offers over 17,000 instruments, including forex, indices, shares, ETFs, commodities, and cryptocurrencies. The sheer range of markets is unmatched, making IG a versatile choice for multi-asset traders.
Source: spreadbet.ai
Best Forex Brokers: Top 5 Most Authentic FX Brokers Of 2022
IG US charges zero initial commission on trades. Their spread costs and low fees make it easier for traders to start trading on IG US.
Best Forex Trading Platforms: Most Famous Forex Brokers & Traders of 2021
The IG group was established in 1974 and, since then, has enabled all clients to trade the global currency markets via spot forex trading with leverage and low trading fees. This reputable broker gives you access to opportunities in raising and falling global markets. As a leading forex broker, IG offers an intuitive trading platform and a suitable mobile app that gives you...

What are some alternatives?

When comparing XTB and IG, you can also consider the following products

FXTM - FXTM Trader โ€“ Forex Trading app enables users to find a broker so they can do online trading using an extensive collection of more than 250 different financial instruments.

Vantagemarkets - Vantage is a regulated CFD broker, providing traders with access to the global Forex market through top tier FX liquidity providers.

Pepperstone - Pepperstone is a website that offers an uncompromising level of service for all the clients who are trading with global FX and CFD brokers.

Axi - Axitrader is an online trading platform that provides allow you to become a forex trader with the help of currency pairs, symbol and standard presentation, and leverage.

FP Markets - FP Markets is one of the trusted global forex brokers that provides you an opportunity to trade on Forex, Indices, Commodities, and Shares.

Plus500 - Europeโ€™s #1 CFD Trading Platform (by number of new traders in 2018). Trade the worldโ€™s most popular markets: CFDs on Forex, Cryptocurrencies, Shares, Commodities, Indices, ETFs & Options.