info Icon

Advertising Disclosure

XTB vs IG

  • Data Icon

    Updated:

XTB
IG

Compare XTB vs IG Side by Side

Can’t pick between XTB and IG and have doubts of which broker is actually better? Use our detailed guide of XTB Review vs IG 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

FeatureXTBIG
Website//www.xtb.com//www.ig.com
Founded year20021974
HeadquarterUKUK
LicensesUK, Poland, Belize, SpainUK, Australia, Switzerland, Singapore, UAE, Japan, US
Minimum DepositUS$ 0300 US$
Trading PlatformsMT4, xStation 5IG Proprietary, MT4
Eurusd avg Spread0.8 pips0.6 pips

Licenses

FeatureXTBIG
Licenses Countries Info (short)
  • KNF
  • CNMV
  • FCA
  • IFSC
  • ASIC
  • JFSA
  • MAS
  • FINMA
  • FCA
  • CFTC

IG definitely has an obvious advantage when it comes to licensing, as it holds multiple licenses from top-tier regulators in the UK, US and Australia, increasing its traders audience and providing services in more regions. While XTB holds UK license and additional two in Poland and Belize.

Broker Types

FeatureXTBIG
Broker types
  • STP
  • NDD
  • OTC
  • Market Making

IG is a Market Maker which is a great opportunity for beginning traders and some strategies due to its stability of a preset fee or spread. While XTB is an STP/NDD Broker is better for price transparency.

Trading Conditions

FeatureXTBIG
Trading Conditions
  • beginners
  • fixed spread
  • floating spread
  • guaranteed stop loss
  • low spread
  • high leverage
  • tight spread
  • zero spread
  • auto
  • copy trade
  • expert advisor
  • hedging
  • scalping
  • social trading
  • beginners
  • commission
  • floating spread
  • low spread
  • tight spread
  • zero spread
  • expert advisor
  • hedging
  • scalping
  • social trading

Both XTB vs IG brokers are suitable for beginner traders or professionals with bigger size trading. However, there is a slight advantage to IG for offering copy and social trading for its traders.

Fees & Commissions

Fees & CommissionsXTBIG
Inactivity Feemonth$1018 $
Deposit fee0 $0 $
Withdrawal fee0 $0 $
Rollover fee eurusd buy 1 lot-0.000940%-2.5%
Rollover fee eurusd sell 1 lot+0.004617%+2.5%
Avg Eurusd standard acc0.8 pips0.6 pips
Gold3530
Brent oil43
Bitcoin1%65

XTB does not charge any additional fees such as inactivity fee or deposit/withdrawal fees, while IG fees remain considerably elevated. In addition, XTB also has lower fees compared to the ones offered by IG.

Account Types

FeatureXTBIG
Account types
  • Standard Account
  • Islamic Account
  • Swap Free Account
  • PAMM Account
  • Standard Account

While both XTB vs IG offer Standard accounts, IG additionally offers a Swap Free Account, which allows traders to open long-term positions, and XTB has an Islamic Account to offer for traders following Sharia laws with suited conditions and applicable laws available.

Markets & Instruments

Markets & InstrumentsXTBIG
Forex57200+
Indices4278
Commodities184945
Cryptocurrencies258
Shares184910,000+
Bonds❌❌
Options❌❌
Binary options❌❌
Spread betting❌✔️
Treasuries❌❌
Futures❌❌
Etfs1192,000+

Both XTB vs IG offer the same set of Trading Instruments, the slight advantage goes to XTB for having a larger offering in Commodities and Indices. 

Trading Platforms

FeatureXTBIG
Platforms
  • own platform
  • MetaTrader 4
  • own platform
  • MetaTrader 4

Both XTB vs IG offer proprietary Trading Platforms, and both offer additional platforms. The only difference here and probably the advantage for XTb 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

FeatureXTBIG
Payment methods
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill

XTB vs IG deposit methods are similar, the range of supported methods are alike. The only small gap is IG withdrawal fee, while XTB has none.

Others

FeatureXTBIG
Others
  • Webinar
  • Video Tutorial
  • telephone
  • live chat
  • 24/5 availability
  • Webinar
  • telephone
  • live chat
  • 24/7 availability

Others

The level of customer support for both XTB vs IG stays at a high level and satisfies all the traders needs when it comes to live chats, phones, emails, etc. Both brokers developed comprehensive educational materials including webinars, learning guides and other supporting sources. There’s a minor disadvantage as we found IG education materials and videos are not super comprehensive and rather medium or basic level.

Conclusion on IG vs XTB

Concluding XTB vs IG comparison we found both brokers reliable and trustable with solid regulation and background. These brokers have similar min deposit requirements, both provide a wide range of trading instruments with good costs. However, we would give preference to IG for having a better regulatory backup and for offering social trading (and relatively better trading conditions). Here is our final recommendation:

  • XTB – 🥇 Best MT4 STP Brokerthat guarantees true STP Trading environment and delivers fair dealing conditions.
  • IG — 🥇 Best Broker for Social trading for a number of top traders and Best Industry Social Trading Broker