IG Alternatives: Pros, Cons, And How It Stacks Up 2024 Update
This alternatives to IG guide has been updated for 2024 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 customers. If you feel that IG is not quite right for you then it would be worth getting a virtual account with a range of the top IG alternatives and check if they are a better fit for you before moving any money around.
The most detailed review of IG alternatives online
There are many reasons IG may not be a good fit for your trading needs. For whatever reason you are hunting for a new IG alternative or IG competitor with similar services, we will always try to give you as much helpful information so you can find what it is you need. Below you will find the top IG alternatives.
For each of the below alternative to IG, we break down the key differences to IG and for each platform feature show you the best alternatives. For every IG alternative trading platform 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 unhappy with IG, let us show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a professional and dependable trading platform is important for your trading success. All of the IG alternative brokers shown in this IG alternatives guide have good reputations and can fit what you are looking for.
Alternatives With Lower Minimum Deposit
IG has a minimum desposit of $200, you can check how the minimum deposit requirements of IG compare with the minimum deposits of IG competitors. Trading platforms often offer lower minimum deposits to get users to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all comes down to your personal trading needs.
Alternatives Offering Virtual Portfolio Accounts
IG offers virtual portfolio accounts so you can learn their systems before risking any real money. Newbie traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before risking a live account.
Below we list some of the best alternatives to IG that has virtual portfolio accounts.
Alternatives Offering Negative Balance Protection
IG doesn't offer negative balance protection. If your balance is negative, IG indicates you promptly contact customer services. So you are able to fix any imbalances within your own account.
Below we list some of the best alternatives to IG that have negative balance protection.
Alternatives Offering Guaranteed Stop Loss
IG regrettably, does not provide guaranteed stop loss. IG gives a chance to its dealers to close their trade at their given price. Apart from this, IG doesn't offer guaranteed stop loss.
Below we list some of the top IG alternatives that have guaranteed stop loss available for their customers.
Alternatives Offering Scalping
IG do allow scalping. Many traders throughout the world select IG for 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 clients.
Alternatives That Allow Hedging
IG do permit hedging. Several traders throughout the world choose IG due to their hedging services. They offer trading on MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps.
Below we show some of the top alternatives to IG that allow hedging services to their client base.
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. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.
Below we show some of the top alternatives to IG that offer social trading capabilities.
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, IG offers copy trading which gives access to leading traders sharing their knowledge with the community. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is calculated social trading..
Below we list some of the top IG alternatives that have copy trading to their customers
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Table Of Contents
- IG alternatives with lower minimum deposit requirements
- IG alternatives with demo accounts
- IG alternatives with negative balance protection
- IG alternatives with guaranteed stop loss
- IG alternatives that allow scalping
- IG alternatives that allow hedging
- IG alternatives that allow social trading
- IG alternatives that allow copy trading