eToro vs IG

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 GroupeToro
IG Logo
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.
comparison etoro logo
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.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.
Year founded:
19742006
Regulated by:
ASIC, JFSA, MAS, FINMA, FCA, CFTCFinCEN, FCA, MiFID, CySec, ASIC
Headquarters:
London, UKLondon 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 eToro67% of retail investor accounts lose money when trading CFDs with this provider.

IGeToro
Markets Available:
CFDs on Stocks, Stock Indexes, ETFs, Bond, Cryptos, Forex, OptionsStocks (real), Commodities (CFD), Indices (CFD), ETF (real and 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
Yes ✔️
184
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 –  67% of retail investor accounts lose money when trading CFDs with this provider

IGeToro
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 –  67% of retail investor accounts lose money when trading CFDs with this provider

IGeToro
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.

IGeToro
eMail:
Yes ✔️Yes ✔️
Online Chat:
Yes ✔️Yes ✔️
Phone Support:
Yes ✔️Yes ✔️
Languages:
/15

Account Funding

IGeToro
Deposit Methods:
Credit card, Debit card, HK FPS or Bank TransferVisa, 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.

IGeToro
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.

comparison etoro logo

eToro

  • 0% commission on stocks and ETFs
  • Best Copy Trading Platform
  • 2000+ Assets To Trade
  • Safe & Regulated by Top-tier authorities
Open Free Account

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

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