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.
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.
Interactive Brokers
Available in your country Interactive Brokers accepts clients from the country this site is for.
57.9% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders IG Markets and Interactive Brokers are best suited to, based on what each one actually offers in India.IG Markets is better than Interactive Brokers for crypto traders. Interactive Brokers, on the other hand, is better for day traders, long-term investors and futures traders. Professional traders, high-volume traders and scalpers can choose either IG Markets or Interactive Brokers.
| Overall score | IG Markets 87 not offered | Interactive Brokers 85 -2 81 |
|---|---|---|
| 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 IG Markets and the ones that supervise Interactive Brokers.IG Markets and Interactive Brokers are both regulated by top-tier authorities, IG Markets by BaFin, the FCA (United Kingdom) and the JFSA (Japan) and Interactive Brokers by CBI Ireland, ASIC (Australia) and the SEC (United States).
| Section score | IG Markets 100 not offered | Interactive Brokers 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CBI (Ireland) | |
| 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 IG Markets and Interactive Brokers have in place to protect your money in India.Both IG Markets and Interactive Brokers offer segregated client funds and two-factor authentication. IG Markets is also a licensed bank. Interactive Brokers also offers an investor compensation scheme and additional money insurance.
| Section score | IG Markets 78 -17 not offered | Interactive Brokers 95 Best 95 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 1974 | 1978 |
| Parent company i | IG Group Holdings plc | IBG LLC |
| CEO i | Breon Corcoran | Milan Galik |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | Commonwealth Bank|Westpac|HSBC | |
| Brand power | ||
| Number of customers worldwide i | 820,000 | 3,337,000 |
| Annual revenue i | USD 987,300,000 | USD 6,205,000,000 |
| Monthly website search traffic i | 97.1K monthly visits | |
Costs
What we compare A comparison of what it costs to trade with IG Markets and with Interactive Brokers in India, both on each trade and on holding the account.Interactive Brokers is better than IG Markets for CFD costs, as Interactive Brokers is cheaper on EUR/USD, at 3.33 USD per lot (against IG Markets' 8.6 USD), charges lower Bitcoin CFD fees, at 0.0012 USD (against IG Markets' 45 USD), and charges lower US stock CFD fees, at 0.01 USD (against IG Markets' 0.02 USD). Neither IG Markets nor Interactive Brokers charges account maintenance fees or deposit fees.
IG Markets does not offer real stocks, being a CFD broker, so Interactive Brokers and IG Markets cannot be compared for real stock costs.
| Section score | IG Markets 67 -18 not offered | Interactive Brokers 85 Best 43 |
|---|---|---|
| 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 | USD 4.65 |
| 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 8.6 | USD 3.325 |
| S&P 500 fees (CFD) i | 0.4 points | |
| Gold fees (CFD) i | 0.3 points | |
| Bitcoin fees (CFD) i | USD 45 | USD 0.0012 |
| US stocks fees (CFD) i | USD 0.02 | USD 0.005 |
| Fees on stocks | ||
| Stock fee type i | Commission | |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 2 | USD 0.85 |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 2 | USD 0.65 |
| 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 IG Markets and with Interactive Brokers in India, and of how many instruments each one gives access to.IG Markets and Interactive Brokers are equally good for CFD markets, since IG Markets gives access to 17,000 tradable symbols (against Interactive Brokers' 15,000). On the other hand, Interactive Brokers lets you own bonds, crypto, ETFs, funds, forex and stocks outright, and offers futures on bonds, commodities, crypto, forex and indices. Both IG Markets and Interactive Brokers offer CFDs on commodities, crypto, forex, indices and stocks, and offer options on commodities, forex, indices and stocks.
IG Markets does not offer real stocks, being a CFD broker, so Interactive Brokers and IG Markets cannot be compared for real stock markets.
| Section score | IG Markets 100 not offered | Interactive Brokers 100 100 |
|---|---|---|
| Total tradable symbols i | 17,000 | 15,000 |
| 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 | Bonds, Commodities, Crypto, Forex, Indices | |
| Options i | Commodities, Forex, Indices, Stocks | Bonds, Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Assets you can own i | Bonds, Crypto, ETF, Funds, Forex, Stocks |
Platform
What we compare A comparison of the trading platforms that IG Markets and Interactive Brokers make available to their clients in India.IG Markets is better than Interactive Brokers for platforms, given that IG Markets offers MetaTrader 5, MetaTrader 4 and AutoChartist, which Interactive Brokers does not. Both IG Markets and Interactive Brokers offer a proprietary platform and TradingView.
There is no like-for-like comparison for platforms, as IG Markets is a CFD broker and does not offer real stocks.
| Section score | IG Markets 91 Best not offered | Interactive Brokers 80 -11 80 |
|---|---|---|
| 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 IG Markets and Interactive Brokers in India, and of what each one lets you do from your phone.IG Markets is better than Interactive Brokers for mobile trading, since IG Markets offers the MetaTrader 5 app, the MetaTrader 4 app and mobile trading signals, which Interactive Brokers does not. IG Markets and Interactive Brokers both offer a proprietary mobile app and mobile price alerts.
Interactive Brokers 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 Interactive Brokers.
| Section score | IG Markets 93 Best not offered | Interactive Brokers 80 -13 80 |
|---|---|---|
| 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 IG Markets and Interactive Brokers allow on their platforms in India.IG Markets is better than Interactive Brokers for CFD trading features, since IG Markets offers negative balance protection, guaranteed stop losses and VPS hosting, which Interactive Brokers does not. Both IG Markets and Interactive Brokers offer trailing stops and tier-1 liquidity providers.
Interactive Brokers and IG Markets cannot be set side by side for real stock trading features, as IG Markets is a CFD broker and does not offer real stocks, unlike Interactive Brokers.
| Section score | IG Markets 89 Best not offered | Interactive Brokers 71 -18 73 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | NDD |
| 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 | 200:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 133:1 | 20:1 |
| Major indices leverage i | 200:1 | 20:1 |
| Minor indices leverage i | 200:1 | 10:1 |
| Gold leverage i | 200:1 | 20:1 |
| Commodities leverage i | 67:1 | 10:1 |
| Equities leverage i | 20:1 | 3:1 |
| Cryptocurrency leverage i | 10:1 | 2:1 |
| 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 1 |
| 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 IG Markets and at Interactive Brokers in India, and of who each one is meant for.Interactive Brokers is better than IG Markets for CFD account types, since Interactive Brokers offers an Islamic account, a micro account and a swap-free account, which IG Markets does not. Both IG Markets and Interactive Brokers offer a demo account and a professional traders account.
Interactive Brokers and IG Markets cannot be set side by side for real stock account types, as IG Markets is a CFD broker and does not offer real stocks, unlike Interactive Brokers.
| Section score | IG Markets 48 -6 not offered | Interactive Brokers 54 Best 53 |
|---|---|---|
| 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 IG Markets and with Interactive Brokers in India.IG Markets is better than Interactive Brokers for account opening, given that IG Markets credits deposits faster, within the same day (against Interactive Brokers' 1 day), and offers debit cards and local payment methods, which Interactive Brokers does not. Neither IG Markets nor Interactive Brokers requires a minimum deposit.
Interactive Brokers 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 Interactive Brokers.
| Section score | IG Markets 70 Best not offered | Interactive Brokers 65 -5 65 |
|---|---|---|
| Minimum deposit i | USD 0 | USD 0 |
| Minimum withdrawal i | USD 150 | USD 0 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | ||
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, GBP, HKD, SGD, USD | AUD, CAD, CHF, CNY, CZK, EUR, GBP, HKD, HUF, JPY, MXN, NOK, NZD, RUB, SEK, SGD, USD |
| Deposit waiting time i | Instant | up to 1 business days |
| 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 IG Markets and Interactive Brokers in India, in how it can be reached and how fast it answers.IG Markets is better than Interactive Brokers for customer care, since IG Markets offers customer support in 12 languages (against Interactive Brokers' 8), has a website in 12 languages (against Interactive Brokers' 8), and offers a dedicated account manager, which Interactive Brokers does not. IG Markets and Interactive Brokers both offer phone support and live chat.
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 | IG Markets 87 Best not offered | Interactive Brokers 58 -29 58 |
|---|---|---|
| Number of languages supported i | 12 | 8 |
| Website languages i | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish | German, English, French, Italian, Japanese, Russian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish | German, English, French, Italian, Japanese, Russian, Spanish, Chinese |
| 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 IG Markets and Interactive Brokers provide to their clients in India.IG Markets is better than Interactive Brokers for learning, given that IG Markets offers daily market commentary, which Interactive Brokers does not. Both IG Markets and Interactive Brokers offer education for advanced traders and webinars.
Interactive Brokers and IG Markets cannot be compared for learning, because Interactive Brokers is a broker offering both CFDs and stocks while IG Markets is a CFD broker.
| Section score | IG Markets 100 Best not offered | Interactive Brokers 92 -8 92 |
|---|---|---|
| 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 | ||
IG Markets vs Interactive Brokers: which one should you choose?
IG Markets
CFD Choose IG Markets, regulated by the FCA and BaFin, if you want a CFD and forex broker with a guaranteed stop loss and VPS support.
Open Account 69% of retail investor accounts lose money when trading CFDs with this provider.
Interactive Brokers
CFD Choose Interactive Brokers, regulated by the SEC and ASIC, if you want an online CFD broker with low trading costs and high-frequency trading strategies.
Stocks Choose Interactive Brokers if you want a stockbroker with reliable order execution and micro accounts.
Open Account 57.9% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include IG Markets or Interactive Brokers, each scored with the same data and method as this page.
