IC Markets
Available in your country IC Markets accepts clients from the country this site is for.
72.52% of retail investor accounts lose money when trading CFDs with this provider.
IG Markets
Available in your country IG Markets accepts clients from the country this site is for.
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 IC Markets and IG Markets are best suited to, based on what each one actually offers in India.IG Markets is better than IC Markets for options traders. Professional traders, high-volume traders and scalpers can choose either IG Markets or IC Markets.
| Overall score | IC Markets 87 | IG Markets 87 |
|---|---|---|
| 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 IC Markets and the ones that supervise IG Markets.IC Markets and IG Markets are both regulated by top-tier authorities, IC Markets by CySEC and ASIC (Australia) and IG Markets by BaFin, the FCA (United Kingdom) and the JFSA (Japan).
| Section score | IC Markets 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 IC Markets and IG Markets have in place to protect your money in India.IC Markets and IG Markets both offer segregated client funds and two-factor authentication. IG Markets is also a licensed bank.
| Section score | IC Markets 65 -13 | IG Markets 78 Best |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2007 | 1974 |
| Parent company i | International Capital Markets Pty Ltd | IG Group Holdings plc |
| CEO i | Andrew Budzinski | 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 | 820,000 | |
| Annual revenue i | USD 987,300,000 | |
| Monthly website search traffic i | 2.2M monthly visits | 97.1K monthly visits |
Costs
What we compare A comparison of what it costs to trade with IC Markets and with IG Markets in India, both on each trade and on holding the account.IC Markets is better than IG Markets for costs, because IC Markets is cheaper on EUR/USD, at 7.55 USD per lot (against IG Markets' 8.6 USD), has tighter gold CFD spreads, at 0.09 points (against IG Markets' 0.3 points), and charges lower Bitcoin CFD fees, at 12.01 USD (against IG Markets' 45 USD). Neither IC Markets nor IG Markets charges account maintenance fees or deposit fees.
| Section score | IC Markets 79 Best | IG Markets 67 -12 |
|---|---|---|
| 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 | USD 7 | 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 7.55 | USD 8.6 |
| S&P 500 fees (CFD) i | 0.492 points | 0.4 points |
| Gold fees (CFD) i | 0.09 points | 0.3 points |
| Bitcoin fees (CFD) i | USD 12.01 | USD 45 |
| US stocks fees (CFD) i | USD 0.02 | USD 0.02 |
| Fees on stocks | ||
| Stock fee type i | Commission, Percentage | Commission |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | Free | 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 IC Markets and with IG Markets in India, and of how many instruments each one gives access to.IG Markets is better than IC Markets for available markets, because IG Markets gives access to 17,000 tradable symbols (against IC Markets' 180), and offers options on commodities, forex, indices and stocks, which IC Markets does not. Both IC Markets and IG Markets offer CFDs on commodities, crypto, forex, indices and stocks.
| Section score | IC Markets 75 -25 | IG Markets 100 Best |
|---|---|---|
| Total tradable symbols i | 180 | 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 |
Platform
What we compare A comparison of the trading platforms that IC Markets and IG Markets make available to their clients in India.IC Markets and IG Markets are equally good for platforms, as IC Markets offers cTrader and social trading while IG Markets offers a proprietary platform and AutoChartist. IC Markets and IG Markets both offer MetaTrader 5 and MetaTrader 4.
| Section score | IC Markets 89 -2 | IG Markets 91 |
|---|---|---|
| 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 IC Markets and IG Markets in India, and of what each one lets you do from your phone.There is little between IC Markets and IG Markets on mobile trading, as both offer a proprietary mobile app and the MetaTrader 5 app. IC Markets has a slight edge, as it offers the cTrader app.
| Section score | IC Markets 93 | IG Markets 93 |
|---|---|---|
| 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 IC Markets and IG Markets allow on their platforms in India.IG Markets is better than IC Markets for trading features, since IG Markets executes orders faster, within 14 ms (against IC Markets' 40 ms), and offers negative balance protection and guaranteed stop losses, which IC Markets does not. Both IC Markets and IG Markets offer trailing stops and tier-1 liquidity providers.
| Section score | IC Markets 83 -6 | IG Markets 89 Best |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | Agency |
| Average execution time i | 40 ms | 14 ms |
| Slippage occurrence i | 11% | |
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 5000:1 | 200:1 |
| Minor/Exotic FX pairs leverage i | 5000:1 | 133:1 |
| Major indices leverage i | 200:1 | 200:1 |
| Minor indices leverage i | 200:1 | 200:1 |
| Gold leverage i | 2000:1 | 200:1 |
| Commodities leverage i | 1000:1 | 67:1 |
| Equities leverage i | 20:1 | 20:1 |
| Cryptocurrency leverage i | 500:1 | 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 0 | 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 IC Markets and at IG Markets in India, and of who each one is meant for.IC Markets is better than IG Markets for account types, because IC Markets offers a managed account, an ECN account and an Islamic account, which IG Markets does not. Both IC Markets and IG Markets offer a demo account and a professional traders account.
| Section score | IC Markets 92 Best | IG Markets 48 -44 |
|---|---|---|
| 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 IC Markets and with IG Markets in India.IC Markets is better than IG Markets for account opening, as IC Markets offers 10 account base currencies (against IG Markets' 6), supports e-wallets, which IG Markets does not, and has no minimum withdrawal (against IG Markets' 150 USD). Neither IC Markets nor IG Markets requires a minimum deposit.
| Section score | IC Markets 95 Best | IG Markets 70 -25 |
|---|---|---|
| Minimum deposit i | USD 0 | USD 0 |
| Minimum withdrawal i | USD 0 | USD 150 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal, Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | AUD, EUR, GBP, HKD, SGD, USD |
| Deposit waiting time i | Instant | Instant |
| Withdrawal waiting time i | up to 1 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of IC Markets and IG Markets in India, in how it can be reached and how fast it answers.IC Markets and IG Markets are close on customer care, as both offer a dedicated account manager and phone support. IC Markets has a slight edge, as it offers customer support in 17 languages (against IG Markets' 12), and has a website in 17 languages (against IG Markets' 12).
| Section score | IC Markets 87 | IG Markets 87 |
|---|---|---|
| Number of languages supported i | 17 | 12 |
| Website languages i | Arabic, Bulgarian, Czech, German, English, French, Croatian, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, Chinese | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Website available in English i | ||
| Customer support languages i | Arabic, Bulgarian, Czech, German, English, French, Croatian, Indonesian, Italian, Korean, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese, 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 IC Markets and IG Markets provide to their clients in India.IC Markets and IG Markets are equally good for learning, as both offer education for advanced traders and webinars.
| Section score | IC Markets 100 | IG Markets 100 |
|---|---|---|
| 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 | ||
IC Markets vs IG Markets: which one should you choose?
IC Markets
CFD Choose IC Markets, regulated by CySEC and ASIC, if you want a forex broker with low trading costs, copy trading and high-frequency trading strategies.
Open Account 72.52% of retail investor accounts lose money when trading CFDs with this provider.
IG Markets
CFD Choose IG Markets, regulated by the FCA and BaFin, if you want an online CFD broker with a wide choice of markets, fast execution and a guaranteed stop loss.
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 IC Markets or IG Markets, each scored with the same data and method as this page.
