Menu

Scores, winners and data below compare these brokers as CFD brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.

Best overall

eToro

CFDCFD This broker offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD to rate it on that. StocksStocks This broker lets you buy real assets that you own outright. Switch the comparison to Stocks to rate it on that. Available in your country eToro accepts clients from the country this site is for.
79CFDOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above. 82StocksOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above.
Open Account

61% of retail CFD accounts lose money. Below content does not apply to US users.

Best overall

IG Markets

CFDCFD This broker offers CFD trading: leveraged contracts that follow the price of an asset without owning it. Switch the comparison to CFD to rate it on that. Available in your country IG Markets accepts clients from the country this site is for.
87CFDOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above. not offeredStocksOverall score InvestinGoal score from 0 to 100, calculated from the data in this comparison across 12 areas (regulation, safety, costs, platforms and more). CFD and stock trading are scored separately: the number follows the side selected above.
Open Account

69% of retail investor accounts lose money when trading CFDs with this provider.

Best for

What we compare A comparison of the kinds of traders eToro and IG Markets are best suited to, based on what each one actually offers in India.
1 / 12

eToro is better than IG Markets for long-term investors, while IG Markets is better for professional traders, scalpers and algo traders. High-volume traders, swing traders and news traders can choose either eToro or IG Markets.

Best for
Overall score eToro 79 -8 82 IG Markets 87 Best not offered
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 eToro and the ones that supervise IG Markets.
2 / 12

eToro and IG Markets are both regulated by top-tier authorities, eToro by CySEC, ASIC (Australia) and the SEC (United States) and IG Markets by BaFin, the FCA (United Kingdom) and the JFSA (Japan).

Regulation
Section score eToro 100 100 IG Markets 100 not offered
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 eToro and IG Markets have in place to protect your money in India.
3 / 12

eToro and IG Markets both offer segregated client funds and two-factor authentication. IG Markets is also a licensed bank.

Safety
Section score eToro 72 -6 72 IG Markets 78 Best not offered
Company info
Is it publicly traded i
Is it a bank i
Year founded i 2007 1974
Parent company i eToro Group Ltd. IG Group Holdings plc
CEO i Yoni Assia Breon Corcoran
Money safety
Segregated client funds i
Two-factor authentication i
Investor compensation scheme i
Additional money insurance i
Partner bank i BNY Mellon, EquiLend Commonwealth Bank|Westpac|HSBC
Brand power
Number of customers worldwide i 3,610,000 820,000
Annual revenue i USD 1,340,000,000 USD 987,300,000
Monthly website search traffic i 13.2M monthly visits 97.1K monthly visits

Costs

What we compare A comparison of what it costs to trade with eToro and with IG Markets in India, both on each trade and on holding the account.
4 / 12

IG Markets is better than eToro for CFD costs, given that IG Markets is cheaper on EUR/USD, at 8.6 USD per lot (against eToro's 11.6 USD), has tighter S&P 500 CFD spreads, at 0.4 points (against eToro's 1.08 points), and has tighter gold CFD spreads, at 0.3 points (against eToro's 0.88 points). Neither eToro nor IG Markets charges account maintenance fees or deposit fees.

eToro and IG Markets cannot be set side by side for real stock costs, as IG Markets is a CFD broker and does not offer real stocks, unlike eToro.

Costs
Section score eToro 52 -15 79 IG Markets 67 Best not offered
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 Free
EUR/USD average standard spread i
1.16 pips
0.86 pips
EUR/USD average raw spread i
EUR/USD average fixed spread i
EUR/USD total cost per lot i USD 11.6 USD 8.6
S&P 500 fees (CFD) i 1.08 points 0.4 points
Gold fees (CFD) i 0.88 points 0.3 points
Bitcoin fees (CFD) i USD 1,585.8 USD 45
US stocks fees (CFD) i USD 0.02
Fees on stocks
Stock fee type i Commission Commission
US stocks fees (real) i USD 2
ETF fees (real) i Free
Management costs i
Connection costs i
Fees on futures
Futures fees per contract i USD 2
Platform fees i
Fees on options
Options fees per contract i 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 eToro and with IG Markets in India, and of how many instruments each one gives access to.
5 / 12

IG Markets is better than eToro for CFD markets, given that IG Markets gives access to 17,000 tradable symbols (against eToro's 5,461), and offers options on commodities, forex, indices and stocks, which eToro does not. Both eToro and IG Markets offer CFDs on commodities, crypto, forex, indices and stocks.

eToro and IG Markets cannot be set side by side for real stock markets, as IG Markets is a CFD broker and does not offer real stocks, unlike eToro.

Available markets
Section score eToro 85 -15 55 IG Markets 100 Best not offered
Total tradable symbols i 5,461 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, Forex, Indices, Stocks Commodities, Crypto, Forex, Indices, Stocks
Futures i
Options i Commodities, Forex, Indices, Stocks
Assets you can own i Crypto, ETF, Stocks

Platform

What we compare A comparison of the trading platforms that eToro and IG Markets make available to their clients in India.
6 / 12

IG Markets is better than eToro for platforms, because IG Markets offers MetaTrader 5, MetaTrader 4 and TradingView, which eToro does not. eToro and IG Markets both offer a proprietary platform and one-click trading.

eToro and IG Markets cannot be set side by side for platforms, as IG Markets is a CFD broker and does not offer real stocks, unlike eToro.

Platform
Section score eToro 84 -7 84 IG Markets 91 Best not offered
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 eToro and IG Markets in India, and of what each one lets you do from your phone.
7 / 12

IG Markets is better than eToro for mobile trading, because IG Markets offers the MetaTrader 5 app, the MetaTrader 4 app and a mobile watchlist, which eToro does not. Both eToro and IG Markets offer a proprietary mobile app and mobile trading signals.

eToro and IG Markets cannot be set side by side for mobile trading, as IG Markets is a CFD broker and does not offer real stocks, unlike eToro.

Mobile
Section score eToro 87 -6 87 IG Markets 93 Best not offered
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 eToro and IG Markets allow on their platforms in India.
8 / 12

IG Markets is better than eToro for CFD trading features, because IG Markets offers guaranteed stop losses and tier-1 liquidity providers, which eToro does not, and allows for scalping. eToro and IG Markets both offer negative balance protection and trailing stops.

Only eToro can be assessed for real stock trading features, since IG Markets is a CFD broker and does not offer real stocks.

Trading features
Section score eToro 60 -29 76 IG Markets 89 Best not offered
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 50:1 133:1
Major indices leverage i 100:1 200:1
Minor indices leverage i 10:1 200:1
Gold leverage i 100:1 200:1
Commodities leverage i 100:1 67:1
Equities leverage i 20:1 20:1
Cryptocurrency leverage i 30:1 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 USD 10 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 eToro and at IG Markets in India, and of who each one is meant for.
9 / 12

eToro and IG Markets are equally good for CFD account types, as both offer a demo account and a professional traders account.

IG Markets does not offer real stocks, being a CFD broker, so eToro and IG Markets cannot be compared for real stock account types.

Account types
Section score eToro 48 74 IG Markets 48 not offered
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 eToro and with IG Markets in India.
10 / 12

eToro and IG Markets are equally good for account opening, since eToro supports e-wallets, which IG Markets does not, and has a lower minimum withdrawal, at 30 USD (against IG Markets' 150 USD). On the other hand, IG Markets does not require a minimum deposit (against eToro's 100 USD), and offers 6 account base currencies (against eToro's 1). Both eToro and IG Markets offer credit cards and debit cards.

eToro and IG Markets cannot be set side by side for account opening, as IG Markets is a CFD broker and does not offer real stocks, unlike eToro.

Account opening
Section score eToro 69 -1 69 IG Markets 70 not offered
Minimum deposit i USD 100 USD 0
Minimum withdrawal i USD 30 USD 150
Wire transfers i
Credit cards i
Debit cards i
eWallets i Neteller, Skrill
Local payment methods i
Account base currencies i USD AUD, EUR, GBP, HKD, SGD, USD
Deposit waiting time i up to 5 business days Instant
Withdrawal waiting time i up to 7 business days up to 1 business days
Bonus program i

Customer care

What we compare A comparison of the customer support of eToro and IG Markets in India, in how it can be reached and how fast it answers.
11 / 12

IG Markets is better than eToro for customer care, because IG Markets offers customer support in 12 languages (against eToro's 7), has a website in 12 languages (against eToro's 7), and offers phone support, which eToro does not. Both eToro and IG Markets offer a dedicated account manager and priority support.

There is no like-for-like comparison for customer care, as IG Markets is a CFD broker and does not offer real stocks.

Customer care
Section score eToro 69 -18 69 IG Markets 87 Best not offered
Number of languages supported i 7 12
Website languages i Arabic, German, English, French, Italian, Spanish, Chinese Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish
Website available in English i
Customer support languages i Arabic, German, English, French, Italian, Spanish, 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 eToro and IG Markets provide to their clients in India.
12 / 12

eToro and IG Markets are equally good for learning, as both offer education for advanced traders and webinars.

IG Markets does not offer real stocks, being a CFD broker, so eToro and IG Markets cannot be compared for learning.

Learning
Section score eToro 100 100 IG Markets 100 not offered
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
eToro
Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
IG Markets
Open Account 69% of retail investor accounts lose money when trading CFDs with this provider.
Our verdict

eToro vs IG Markets: which one should you choose?

eToro

CFD Choose eToro, regulated by the SEC and ASIC, if you want an online CFD broker with copy and social trading.

Stocks Choose eToro if you want a stock brokerage service for long-term investing, with copy and social trading.

Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.
IG Markets

CFD Choose IG Markets, regulated by BaFin and the FCA, if you want a CFD and forex broker with no minimum deposit, a choice of trading platforms and a wide choice of markets.

Open Account 69% of retail investor accounts lose money when trading CFDs with this provider.

Other popular comparisons

Below are other head-to-head comparisons that include eToro or IG Markets, each scored with the same data and method as this page.

Select your language

English (India) country flag English (India)