info Icon

Advertising Disclosure

IG vs Trading 212

  • Data Icon

    Updated:

IG
Trading 212

Compare IG vs Trading 212 Side by Side

Trying to choose between Trading 212 vs Plus500, but can’t decide which Broker is better Broker for your trading strategy? We made a detailed comparison between IG Review and Trading 212 Review, compared safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details compared side by side.

Summary

FeatureIGTrading 212
Website//www.ig.com//www.trading212.com
Founded year19742006
HeadquarterUKUK
LicensesUK, Australia, Switzerland, Singapore, UAE, Japan, USUK, Bulgaria, Cyprus
Minimum Deposit300 US$US$ 1
Trading PlatformsIG Proprietary, MT4Trading 212 platform
Eurusd avg Spread0.6 pips1.2 pips

Licenses

FeatureIGTrading 212
Licenses Countries Info (short)
  • ASIC
  • JFSA
  • MAS
  • FINMA
  • FCA
  • CFTC
  • CySEC
  • FSC
  • FCA

IG vs Trading 212 brokers both are based and regulated in the UK, both providing good transparency and customer protection and are legit to accept EU. However, IG has an advantage here for holding other licenses from respected authorities in Australia, US, Switzerland, Singapore and Japan increasing its traders audience and providing services in more regions.

Broker Types

FeatureIGTrading 212
Broker types
  • Market Making
  • STP
  • NDD
  • DMA
  • OTC

IG is a Market Maker Broker with quick execution and unique fixed spreads proposals, while Trading 212 is an STP/NDD Broker, which is better for price transparency.

Trading Conditions

FeatureIGTrading 212
Trading Conditions
  • beginners
  • commission
  • floating spread
  • low spread
  • tight spread
  • zero spread
  • expert advisor
  • hedging
  • scalping
  • social trading
  • beginners
  • floating spread
  • guaranteed stop loss
  • low spread
  • tight spread
  • zero spread
  • auto
  • copy trade
  • hedging
  • social trading

There are certain similarities in trading conditions of IG vs Trading 212, as they are both suitable for beginners offer their traders low spreads and hedging. At the same time IG provides a wider range of possibilities, including scalping, social trading and Expert Advisor which is quite an advantage. 

Fees & Commissions

Fees & CommissionsIGTrading 212
Inactivity Feemonth18 $0 $
Deposit fee0 $0 $
Withdrawal fee0 $0 $
Rollover fee eurusd buy 1 lot-2.5%-0.000151
Rollover fee eurusd sell 1 lot+2.5%0.000002
Avg Eurusd standard acc0.6 pips1.3 pips
Gold3035
Brent oil34.8
Bitcoin6550

Trading 212 has a bit lower fees than IG, including low fees with 0$ commission, while IG charges $18 inactivity fee. At the same time IG’s spreads are relatively lower compared to Trading 212.

Account Types

FeatureIGTrading 212
Account types
  • Standard Account
  • Standard Account
  • Micro Account

While both IG vs Trading 212 offer single Standard accounts, Trading 212 also provides another specified account for investment in Real Stocks and ETFs. Both Brokers provide free access to Demo Account.

Markets & Instruments

Markets & InstrumentsIGTrading 212
Forex200+180
Indices7823
Commodities4526
Cryptocurrencies816
Shares10,000+1700
Bonds❌❌
Options❌❌
Binary options❌❌
Spread betting✔️❌
Treasuries❌❌
Futures❌❌
Etfs2,000+1000+

The portfolios of trading instruments offered by IG vs Trading 212 are very similar, except, IG offers a bigger number of assets for each market group.

Trading Platforms

FeatureIGTrading 212
Platforms
  • own platform
  • MetaTrader 4
  • own platform

Both IG vs Trading 212 Brokers offer great proprietary Trading Platforms. The only difference here and probably the advantage for IG is that MetaTrder4 is present in its offer that gives and opportunity to execute the orders with its advanced chartings and tools.

Deposit & Withdrawal Methods

FeatureIGTrading 212
Payment methods
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill
  • credit card
  • debit card
  • PayPal
  • skrill
  • CashU
  • Dotpay
  • GIROPAY

Compared to Trading 212 with its various e-wallet and other online payment methods, IG payment options look a bit limited, offering debit/credit cards, bank transfer and some of the popular e-wallets like PayPal, Skrill and Neteller.

Others

FeatureIGTrading 212
Others
  • Webinar
  • telephone
  • live chat
  • 24/7 availability
  • Webinar
  • Video Tutorial
  • telephone
  • live chat
  • 24/7 availability

The level of customer support for both IG vs Trading 212 stays at a high level and satisfies all the traders needs when it comes to live chats, phones, emails, etc. Education wise, both brokers are also advanced and stand out with strong professional interactive education, trading courses, webinars and numerous comprehensive materials.

Conclusion on Trading 212 vs IG

Concluding IG vs Trading 212 comparison we found both brokers are reliable and trustworthy with years of experience, well-organised and regulated. Both brokers provide good trading conditions, a variety of trading instruments and great proprietary platfroms. However, the advantage goes to IG for offering lower spread and providing access to social trading, making itself suitable not only for professionals, but also for beginners. Here is our final recommendation:

  • IG – 🥇Lowest Spread Forex Broker being comfortable for beginning traders.
  • Trading 212 – 🥇 Best for Commission-free trading giving traders access to speculate on Shares fluctuations with no commission charges.