AvaTrade
Not available in your country AvaTrade is not available in India.
76% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
IG Markets
Not available in your country IG Markets is not available in India.
80% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Best for
What we compare A comparison of the kinds of traders AvaTrade and IG Markets are best suited to, based on what each one actually offers in India.AvaTrade is better than IG Markets for futures traders. Both are a good fit for professional traders, high-volume traders and scalpers.
| Overall score | AvaTrade 84 -3 | IG Markets 87 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 AvaTrade and the ones that supervise IG Markets.AvaTrade and IG Markets are both regulated by top-tier authorities, AvaTrade by CBI Ireland, ASIC (Australia) and the CIRO (Canada) and IG Markets by BaFin, ASIC (Australia) and the FCA (United Kingdom). Neither AvaTrade nor IG Markets operates in India.
| Section score | AvaTrade 100 | IG Markets 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| 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 AvaTrade and IG Markets have in place to protect your money in India.AvaTrade and IG Markets both offer segregated client funds and two-factor authentication. IG Markets is also a licensed bank.
| Section score | AvaTrade 65 -13 | IG Markets 78 Best |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2006 | 1974 |
| Parent company i | Ava Trade Ltd | IG Group Holdings plc |
| CEO i | Dáire Ferguson | Breon Corcoran |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | Commonwealth Bank|Westpac|HSBC |
| Brand power | ||
| Number of customers worldwide i | 9,000,000 | 320,000 |
| Annual revenue i | US$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 AvaTrade and with IG Markets in India, both on each trade and on holding the account.IG Markets is better than AvaTrade for costs, because IG Markets is cheaper on EUR/USD, at US$8.13 per lot (against AvaTrade's US$9), has tighter S&P 500 CFD spreads, at 0.4 points (against AvaTrade's 0.5 points), and has tighter gold CFD spreads, at 0.3 points (against AvaTrade's 0.34 points). Neither AvaTrade nor IG Markets charges account maintenance fees or deposit fees.
| Section score | AvaTrade 66 -3 | IG Markets 69 Best |
|---|---|---|
| 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 | US$6 |
| 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 | US$9 | US$8.125 |
| S&P 500 fees (CFD) i | 0.5 points | 0.4 points |
| Gold fees (CFD) i | 0.34 points | 0.3 points |
| Bitcoin fees (CFD) i | US$45 | |
| US stocks fees (CFD) i | Free | US$0.02 |
| Fees on stocks | ||
| Stock fee type i | Spread | Commission |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | US$1.75 | US$2 |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | Free | US$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 AvaTrade and with IG Markets in India, and of how many instruments each one gives access to.AvaTrade and IG Markets are equally good for available markets, since AvaTrade offers futures on commodities, crypto, forex and indices. On the other hand, IG Markets gives access to 17,000 tradable symbols (against AvaTrade's 1,250), and offers options on commodities, indices and stocks. Both AvaTrade and IG Markets offer CFDs on commodities, crypto, ETFs, forex, indices and stocks, and offer options on forex.
| Section score | AvaTrade 100 | IG Markets 100 |
|---|---|---|
| Total tradable symbols i | 1,250 | 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, Crypto, ETF, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | Commodities, Crypto, Forex, Indices | |
| Options i | Forex | Commodities, Forex, Indices, Stocks |
| Assets you can own i |
Platform
What we compare A comparison of the trading platforms that AvaTrade and IG Markets make available to their clients in India.AvaTrade and IG Markets are equally good for platforms, since AvaTrade offers social trading and copy trading while IG Markets offers TradingView and AutoChartist. Both AvaTrade and IG Markets offer a proprietary platform and MetaTrader 5.
| Section score | AvaTrade 92 | IG Markets 91 -1 |
|---|---|---|
| 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 AvaTrade and IG Markets in India, and of what each one lets you do from your phone.AvaTrade is better than IG Markets for mobile trading, because AvaTrade offers a social trading app and a copy trading app, which IG Markets does not. Both AvaTrade and IG Markets offer a proprietary mobile app and the MetaTrader 5 app.
| Section score | AvaTrade 100 Best | IG Markets 93 -7 |
|---|---|---|
| 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 AvaTrade and IG Markets allow on their platforms in India.IG Markets is better than AvaTrade for trading features, given that IG Markets offers guaranteed stop losses, tier-1 liquidity providers and API access, which AvaTrade does not. Both AvaTrade and IG Markets offer negative balance protection and trailing stops.
| Section score | AvaTrade 84 -5 | IG Markets 89 Best |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | 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 | 400:1 | 200:1 |
| Minor/Exotic FX pairs leverage i | 400:1 | 133:1 |
| Major indices leverage i | 200:1 | 200:1 |
| Minor indices leverage i | 100:1 | 200:1 |
| Gold leverage i | 200:1 | 200:1 |
| Commodities leverage i | 200:1 | 67:1 |
| Equities leverage i | 10:1 | 20:1 |
| Cryptocurrency leverage i | 100:1 | 10:1 |
| 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 | 0.01 lots |
| Minimum trade size (stocks) i | US$0 | US$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 AvaTrade and at IG Markets in India, and of who each one is meant for.AvaTrade is better than IG Markets for account types, as AvaTrade offers an Islamic account, a copy trading account and a swap-free account, which IG Markets does not. Both AvaTrade and IG Markets offer a demo account and a professional traders account.
| Section score | AvaTrade 72 Best | IG Markets 53 -19 |
|---|---|---|
| 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 AvaTrade and with IG Markets in India.AvaTrade is better than IG Markets for account opening, given that AvaTrade supports e-wallets, which IG Markets does not, has no minimum withdrawal (against IG Markets' US$150), and offers a bonus program, which IG Markets does not. However, IG Markets does not require a minimum deposit at all (against AvaTrade's US$100). Neither AvaTrade nor IG Markets operates in India.
| Section score | AvaTrade 87 Best | IG Markets 70 -17 |
|---|---|---|
| Minimum deposit i | US$100 | US$0 |
| Minimum withdrawal i | US$0 | US$150 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, GBP, JPY, USD, ZAR | AUD, EUR, GBP, HKD, SGD, USD |
| Deposit waiting time i | Instant | Instant |
| Withdrawal waiting time i | up to 10 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of AvaTrade and IG Markets in India, in how it can be reached and how fast it answers.IG Markets is better than AvaTrade for customer care, given that IG Markets offers a dedicated account manager and priority support, which AvaTrade does not. AvaTrade and IG Markets both offer phone support and live chat.
| Section score | AvaTrade 67 -20 | IG Markets 87 Best |
|---|---|---|
| Number of languages supported i | 22 | 12 |
| Website languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Website available in English i | ||
| Customer support languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | 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 AvaTrade and IG Markets provide to their clients in India.IG Markets is better than AvaTrade for learning, since IG Markets offers professional reports and traders' sentiment, which AvaTrade does not. Both AvaTrade and IG Markets offer education for advanced traders and webinars.
| Section score | AvaTrade 83 -17 | IG Markets 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 | ||
AvaTrade vs IG Markets: which one should you choose?
AvaTrade
CFD/FX Choose AvaTrade, regulated by the CBI (Ireland) and ASIC, if you want a forex brokerage service for copy and social trading, with fixed-spread accounts and live in a country where it accepts clients.
Not available in India 76% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
IG Markets
CFD/FX Choose IG Markets, regulated by BaFin and the FCA, if you want an online CFD broker with no minimum deposit, TradingView and a wide choice of markets and live in a country where it accepts clients.
Not available in India 80% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.Other popular comparisons
Below are other head-to-head comparisons that include AvaTrade or IG Markets, each scored with the same data and method as this page.
