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.
eToro
61% of retail CFD accounts lose money. Below content does not apply to US users.
IG Markets
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.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.
| 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.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).
| 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.eToro and IG Markets both offer segregated client funds and two-factor authentication. IG Markets is also a licensed bank.
| 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.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.
| 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 | ||
| 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.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.
| 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.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.
| 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.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.
| 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.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.
| 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.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.
| 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.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.
| 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.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.
| 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.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.
| 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 vs IG Markets: which one should you choose?
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.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.