eToro vs IG

Compare eToro vs IG Side by Side

Can’t pick between eToro and IG and have doubts of which broker is actually better? Use our detailed comparison guide of eToro Review and IG Review, which includes comparison of the safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.

eToro vs IG Brokers are both highly trusted with numerous licenses and top-tier regulations, legit to accept US, Australian and EU clients. IG has an advantage here for holding other licenses from respected authorities in Switzerland, Singapore and Japan increasing its traders audience and providing services in more regions.

Both Brokers operate Market Making model making them equal, both brokers execution is high speed with no rejections. Market Makers are distinguished for unique fixed spreads proposals making it a great opportunity for beginners in forex trading and some strategies.

eToro vs IG provide relatively similar trading conditions, both offering social trading and being suitable for beginner traders. eToro restricts scalping strategies, while IG offers low spreads and provides traders with Expert Advisors. Therefore, it is really up to the traders needs and strategies which broker to choose as they both offer variety of options.

eToro’s fees remain considerably elevated, as the broker charges inactivity fee as well as withdrawal fee. Also, IG’s spreads are relatively lower compared to those offered by eToro. 

While both eToro vs IG offer Standard accounts, there is a small advantage on eToro’s side for additionally offering a Swap Free Account, which allows traders to open long-term positions.

The portfolios of trading instruments offered by eToro vs IG are very similar, except, IG offers a bigger number of assets for each market group.

Both eToro vs IG Brokers offer great proprietary Trading Platforms, and both additionally offer MetaTrader4. Basically, the proposals are very similar and those proprietary platforms are equally impressive, innovative and powerful with vast of tools and capabilities of the softwares.

Payment methods offered by eToro vs IG are very much alike. Both brokers offer bank transfers, debit/credit cards, and some popular e-wallets.

Both eToro vs IG take client satisfaction quite a priority and keep it at a professional level. However, there’s a minor disadvantage as we found eToro’s education materials and videos are not super comprehensive and rather medium or basic level, while IG is more advanced and offers its IG Trading Academy that helps to improve traders knowledge and include comprehensive materials, tutorials and webinars.

Conclusion on IG vs eToro

Concluding eToro vs IG comparison we found both brokers are reliable and trustworthy with solid international offers and well-regulated nature. Both brokers are suitable for beginners and provide good trading conditions and a great variety of trading instruments. However, the advantage goes to IG for offering lower spreads and fees, having a wider range of assets in portfolio and more advances learning tools. Here is our final recommendation:

• eToro – 🥇Best Broker for Social trading for a number of top traders and Best Industry Social Trading Broker
• IG – 🥇Lowest Spread Forex Broker being comfortable for beginning traders.