FreshForex vs IG, Updated for 2024
Read our In-Depth FreshForex vs IG Review - 2024 Update
This FreshForex vs IG review has been refreshed for 2024 from industry experts with extensive expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FreshForex vs IG does not apply to all countries as follows:
FreshForex Excluded Countries
United States of America, United Kingdom, Russian Federation, and France.
IG Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FreshForex vs IG
All online trading platforms feature certain pros and cons, so any comprehensive review of FreshForex and IG would not be regarded as thorough without having a fair assessment.
Assess IG and FreshForex to understand the way they stack up to each before you choose to create an account. Performing a side-by-side comparison can put things into perspective in order that you remain aware of what to expect.
So you are looking for a broker and are choosing between FreshForex or IG. Which one is best in 2024?
Our FreshForex vs IG comparison contains the most recent information so you can easily compare IG against FreshForex.
If you are a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and thorough knowledge. You will get proficient at all the concepts of broker as you keep trading. For starters, you need to choose the right broker who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. FreshForex and IG are two such trading platforms that will take you along with your investment to great heights. It's important that you compare FreshForex vs IG before you trust them with your money.
Our FreshForex vs IG comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FreshForex and IG side by side.
Our entire FreshForex vs IG Review covers all you need to learn about trading with either FreshForex or IG. A good broker can multiply your initial investments and provide you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investment goals.
There is no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you choose them. It is a common misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.
FreshForex and IG are both brokers which have paved their way successfully into the broker world. Within this review, we've tried to collate some of the important facets of both FreshForex and IG. This review can allow you to know whether either IG or FreshForex is a good match for your own investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
Benefits of FreshForex and IG Compared
FreshForex offers a minimum deposit of $1 while IG offers a $200 minimum deposit.
Why smaller minimum deposits are good and how FreshForex and IG compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FreshForex has around 144 financial instruments while IG allows you to trade around 144 financial instruments available.
The more financial instruments you can trade on the FreshForex and IG platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of FreshForex or IG.
FreshForex and IG Contact Details
Being able to contact an online trading platform simply is a sign of a professional broker. FreshForex and IG have the following contact details and social medias that you can use.
Broker | FreshForex | IG |
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Telephone Number | +44 207 099 2124 | |
info@freshforex.com | ||
Address | Suite 305 Griffith Corporate Centre, Beachmont P.O. Box 1510, Kingstown, St. Vincent and the Grenadines | |
FreshForex Twitter Account | IG Twitter Account | |
FreshForex Facebook Page | IG Facebook Page | |
FreshForex Instagram Account | IG Instagram Account | |
FreshForex LinkedIn Page | IG LinkedIn Page | |
YouTube | FreshForex YouTube Channel | IG YouTube Channel |
Find Out More |
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IG and FreshForex Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing FreshForex and IG will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
FreshForex vs IG - Awards
Broker | FreshForex | IG |
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Awards |
FreshForex have won a lot of industry awards over the time they have been running as an online trading platform. We show the most recognised awards for FreshForex here.
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At the time of writing this IG review, and despite IG’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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FreshForex vs IG - Frequently Asked Questions
FreshForex vs IG - Headquarters And Year Of Founding
FreshForex was founded in 2004 and has its headquaters in Russia.
IG was founded in 1974 and has its head office in UK.
What is the minimum deposit for IG or FreshForex
The minimum deposit for FreshForex is $1.
The minimum deposit for IG is $200.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FreshForex and IG are a good option.
FreshForex vs IG - Regulation And Licencing In More Detail
FreshForex is regulated by SVGFSA 20623 IBC 2012.
IG is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).
Both FreshForex and IG have a strong collection of rules for ensuring honest trading on their own platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare FreshForex vs IG Commission And Fees
FreshForex and IG are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily influenced by the amount of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily three different types of fees for this purpose.
The first kind of fees to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In these instances, you are paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are people that are billed when you hold a leveraged position for longer than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They are billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither FreshForex or IG charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who regularly trade, such as daily or weekly trading.
However, non-trading fees billed by FreshForex and IG are relatively competitive. As a result, you're charged more for non-trading actions on your trading account, such as withdrawal and deposits. These are not related to the sale and purchase of resources.
This FreshForex vs IG review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For FreshForex And IG
What Languages Do FreshForex And IG Support?
Being able to chat completely with your online broker is a key part of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you will find all the languages that both FreshForex and IG support.
How Many Clients Do FreshForex and IG Have?
Both FreshForex and IG are well established with their client base. It is really important to work with a broker you can trust and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many users FreshForex and IG have
What Payment Methods Do FreshForex and IG Accept?
FreshForex and IG both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FreshForex and IG
What Can You Trade With FreshForex and IG?
FreshForex offers 144 trading instruments whilst IG offers 10,000.
Below you will find a full breakdown of what both FreshForex and IG offer.
FreshForex Review
FreshForex vs IG:
Table Of Contents
- Compare FreshForex vs IG
- Benefits of FreshForex and IG Compared
- IG and FreshForex Mobile App Comparison
- FreshForex vs IG - Awards
- FreshForex vs IG - Frequently Asked Questions
- What is the minimum deposit for IG or FreshForex
- FreshForex vs IG - Regulation And Licencing In More Detail
- Compare Broker Fees For FreshForex And IG
- What Languages Do FreshForex And IG Support?
- How Many Clients Do FreshForex and IG Have?
- What Payment Methods Do FreshForex and IG Accept?
- What Can You Trade With FreshForex and IG?