IG Alternatives: Pros, Cons, And How It Stacks Up Updated for 2025
This alternatives to IG guide has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to IG to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to IG like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their clients. If you feel that IG is not quite right for you then it would be worth getting a demo account with some of the best IG alternatives and ensuring that they are a better fit for you before moving any money around.
The most complete review of IG alternatives on the internet
There's many reasons IG may not be a good fit for you. Whatever reason you are looking for the best IG alternative or IG competitor with similar services, we will always try to give you as much useful information so you can find what it is you need. Below you will find the top IG alternatives.
For each of the alternative to IG, we break down the key differences to IG and for each section show you the best alternatives. For every IG alternative online broker listed we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with IG, we can show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a professional and dependable broker is crucial to your trading success. All of the IG alternative brokers listed in this IG alternatives guide have good reputations and fit what you are looking for.
Alternatives With Lower Minimum Deposit
IG has a minimum desposit of $200, you should see how the minimum deposit requirements of IG compare with the minimum deposit requirements of IG competitors. Trading platforms often offer lower minimum deposits to get users to join with them, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
IG |
$200 |
|
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| IC Markets |
$200 |
Alternatives Offering Virtual Portfolio Accounts
IG offers demo accounts so you can test your trading strategies before risking any real capital. Inexperienced traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before getting a live account.
Below we list some of the best alternatives to IG that have virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
IG |
Yes |
|
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
IG does not provide negative balance protection. If your balance is unfavorable, IG indicates you contact client services. Then you can correct any imbalances in your own account.
Below we list some of the best alternatives to IG that has negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
IG |
No |
|
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
IG unfortunately, does not provide guaranteed stop loss. IG gives a chance to its dealers to close their trades at their given price. Aside from this, IG does not provide guaranteed stop loss.
Below we show some of the best IG alternatives that have guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
IG |
No |
|
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
IG do allow scalping. Many traders across the world select IG due to their scalping services. They offer trading on MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps which let this.
Below we detail some of the top alternatives to IG that allow scalping functionality to their users.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
IG |
Yes |
|
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
IG do allow hedging. Many traders across the world select IG for their hedging services. They offer trading on MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps.
Below we detail some of the top alternatives to IG that offer hedging services to their customer base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
IG |
Yes |
|
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
IG's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading.
Below we detail some of the best alternatives to IG that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
IG |
Yes |
|
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
IG's copy trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of social trading.
Below we list some of the best IG alternatives that have copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
IG |
Yes |
|
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare IG To All Other Brokers