In this comparison we compare eToro vs IG. Comparing brokers is not always easy. We will take a look at eToro and IG and break down the pros and cons of both. If you are looking for a lot of available securities and a long track record, IG is a great choice. However, eToro 0% commission on stocks and Copy Trading is what makes it a great broker. In this comparison we take a look at both.
| IG Group | eToro |
|---|---|
 IG is one of the leading online brokers, offering Forex, spread betting and CFD trading across many markets. IG is regulated by FCA, was founded in 1974 and is headquartered in London. |  eToro is a social/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions. Full Review CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.eToro USA LLC does not offer CFDs, only real Crypto assets available. |
| Year founded: | |
| 1974 | 2006 |
| Regulated by: | |
| ASIC, JFSA, MAS, FINMA, FCA, CFTC | FinCEN, FCA, MiFID, CySec, ASIC |
| Headquarters: | |
| London, UK | London UK, Limassol Cyprus, Sydney Australia, USA |
| Is a Bank: | |
| Yes ✔️ | No ❌ |
| Demo Account: | |
| Yes ✔️ | Yes ✔️ |
| Minimum Deposit: | |
| Varies: $250 – up to 2,500 CHF | $50 – $10,000 |
| Minimum Trade: | |
| £1 | $25 – $1,000 |
| Islamic Account: | |
| No ❌ | Yes ✔️ |
| Social/Copy Trading: | |
| Yes ✔️ | Yes ✔️ |
| Spread Betting: | |
| Yes ✔️ | No ❌ |
| Excluded countries: | |
| 133 | |
Types of Products And Markets Available
Comparing eToro to IG on the markets available, IG is the winner. If you are looking to trade stocks, Currency Pairs, ETFs, Commodities CFDs, IG is the better choice. However, if you want to buy and trade cryptocurrencies, or have a more hands off approach – eToro is better.
Visit eToro – 68% of retail investor accounts lose money when trading CFDs with this provider.
| IG | eToro |
|---|---|
| Markets Available: | |
| CFDs on Stocks, Stock Indexes, ETFs, Bond, Cryptos, Forex, Options | Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD) |
| CFDs Total | |
| Yes ✔️ 12538 | Yes ✔️ 2386 |
| Forex Pairs | |
| Yes ✔️ 205 | Yes ✔️ 49 |
| Stocks | |
| Yes ✔️ 10,500 | Yes ✔️ 2106 |
| Cryptocurrencies | |
| Yes ✔️ 8 | Yes ✔️ 16 |
| Commodities | |
| Yes ✔️ 47 | Yes ✔️ 31 |
| ETFs | |
| Yes ✔️ 1,900 | No |
| Options | |
| Yes ✔️ | No ❌ |
| EFPs | |
| No ❌ | No ❌ |
| Mutual Funds | |
| No ❌ | No❌ |
| Robo Portfolios | |
| No ❌ | No ❌ |
Trading Platforms
Comparing the eToro to IG based on the trading platforms available, IG has the edge. IG offers more options when it comes to trading platforms and is overall a better choice. If you are looking for a more one stop trading platform that does the job, eToro is more than great. Visit eToro here – 68% of retail investor accounts lose money when trading CFDs with this provider
| IG | eToro |
|---|---|
| Proprietary Platform: | |
| Yes ✔️ | Yes ✔️ |
| Desktop Platform: | |
| Yes ✔️ | No ❌ |
| Mobile App: | |
| Yes ✔️ iOS, Android | Yes ✔️ iOS, Android |
| Web Trading Platform: | |
| Yes ✔️ | Yes ✔️ |
| MetaTrader: | |
| Yes ✔️ | No ❌ |
| cTrader: | |
| No ❌ | No ❌ |
| Mirror Trader: | |
| No ❌ | No ❌ |
| Zulu Trade: | |
| No ❌ | No ❌ |
| Dupli Trade: | |
| No ❌ | No ❌ |
Fees
When it comes to fees, IG is a great option if you are looking for Forex Trading. eToro is great for investing in real stocks as they offer 0% commission. Visit eToro – 68% of retail investor accounts lose money when trading CFDs with this provider
| IG | eToro |
|---|---|
| Trading Fees: | |
| Yes ✔️ Spread Varies | Yes ✔️ 0% Commission on stocks Spread Varies |
| Deposit Fees: | |
| No ❌ | No ❌ |
| Withdrawal Fees: | |
| $31 (Bank Transfer) $0 (Credit Cards, eWallets) | $5 (Bank Transfer) $5 (Credit Cards, eWallets) |
| Overnight Funding: | |
| Yes ✔️ | Yes ✔️ |
| Inactivity Fee: | |
| Yes ✔️ $10/month | Yes ✔️ $10/month |
Customer Support
When it comes to customer support, IG support is far more responsive. eToro is known for their slow response times.
| IG | eToro |
|---|---|
| eMail: | |
| Yes ✔️ | Yes ✔️ |
| Online Chat: | |
| Yes ✔️ | Yes ✔️ |
| Phone Support: | |
| Yes ✔️ | No |
| Languages: | |
| / | 15 |
Account Funding
| IG | eToro |
|---|---|
| Deposit Methods: | |
| Credit card, Debit card, HK FPS or Bank Transfer | Visa, MasterCard, Skrill, Diners Club, PayPal, WebMoney, Neteller, Yandex, Union Pay |
| Deposit Fee: | |
| No ❌ | No ❌ |
| Minimum Deposit: | |
| no minimum | $50 – $10,000 |
Education
When it comes to education, IG is the best in the industry. They offer an extensive library of videos with training for traders ranging from beginner to advanced. They offer quizzes, written articles, webinars, video tutorials and more.
| IG | eToro |
|---|---|
| Video Tutorials: | |
| Yes ✔️ | Yes ✔️ |
| Webinars: | |
| Yes ✔️ | Yes ✔️ |
Verdict
Is eToro better than IG?
eToro is the better broker for their copy trading, multi-asset platform that offers both stocks, cryptocurrencies, Forex and other CFDs.
eToro
- 0% commission on stocks
- Best Copy Trading Platform
- 2000+ Assets To Trade
- Safe & Regulated by Top-tier authorities
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available.
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