Alpari vs IG Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Alpari and IG
| Broker | Alpari | IG |
|---|---|---|
| Rating | 4.1/5 | 4.1/5 |
| Foundation Year | 1998 | 1973 |
| Regulated in Countries | Comoros, Belarus | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates |
| Minimum Deposit |
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| Spread | from 0 points | from 0.165 points |
| Max Leverage | 1:3000 | 1:200 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Alpari Review | IG Review |
Alpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.
Broker IG.com is suitable for traders of all levels, offering reliability, convenience, a wide selection of instruments, and good customer support.
Alpari Review
Alpari has established itself as a stable and reliable broker, providing its services on Forex for over 20 years. The broker is widely popular among professional traders due to its wide range of trading accounts and instruments and convenient and practical services for investing—PAMM accounts and portfolios. Beginning traders will find quality support, training courses, and favorable trading conditions at Alpari.
Overall, Alpari is an excellent choice for beginners and professional traders.
Pros and Cons of Alpari
Pros
- A wide range of trading accounts.
- Flexible conditions for depositing and withdrawing funds.
- Diversity of trading platforms.
Cons
- Licensing in the Comoros does not provide the same level of investor protection as in countries with stricter regulators.
- Fees for fund withdrawal and inactivity charges.
- Limited choice in terms of different asset classes.
Alpari is in the top 10 of the following ratings:
IG Review
IG is a highly regulated broker with licenses from reliable financial authorities, providing clients with high funds protection. Thanks to narrow spreads, traders can effectively manage their costs and increase the profitability of their operations. Quality trading platforms and advanced analytical tools support informed trading decisions, while extensive educational resources make IG attractive to traders of all experience levels.
Pros and Cons of IG
Pros
- Licenses from regulators with a high level of credibility.
- Tight spreads.
- A variety of markets and products.
- Extensive set of analytical tools and content.
- Quality educational resources for different levels of traders.
Cons
- Limited choice of trading accounts.
- High trading fee on DMA account.
- Inactivity fee.
- Limited choice of payment methods.
IG is in the top 10 of the following ratings:
Reliability
| Broker | Alpari | IG |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 1998 | 1973 |
| Regulated in Countries | Comoros, Belarus | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates |
| Regulators | MISA MISA НБ РБ НБ РБ | FCA FCA BMA BMA BaFin BaFin FSAN FSAN AFM AFM CONSOB CONSOB CNMV CNMV ACPR ACPR FI FI FINMA FINMA NFA NFA CFTC CFTC ASIC ASIC NZ FMA NZ FMA JFSA JFSA JFFA JFFA MAS MAS FSCA FSCA DFSA DFSA |
Alpari
Alpari is regulated in the Comoros Islands and Belarus, providing a certain degree of client protection. However, Comorian licensing does not offer the same level of investor protection as countries with stricter regulatory bodies.
IG
The company is subject to numerous international regulators, ensuring a high degree of transparency.
Account Opening
| Broker | Alpari | IG |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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Alpari
Alpari's registration and account opening process is quite straightforward, convenient, and relatively fast.
IG
The account opening process is simple, fast, and convenient for traders of any experience level.
Pros
- No minimum deposit required.
- Quick registration process (5-10 minutes).
Cons
- Necessity to provide extensive personal and financial information.
- Verification may take a couple of days.
- There is a possibility of being denied account opening.
Account Types
| Broker | Alpari | IG |
|---|---|---|
| Account Types | 4.8/5 | 2.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.165 points |
| Max Leverage | 1:3000 | 1:200 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Alpari
Alpari offers a wide selection of trading accounts that should meet the needs of most traders and investors.
Pros
- ECN and cent accounts available
- PAMM accounts and copy trading options
- Binary options trading accessible
Cons
- No fixed spread accounts available
IG
IG offers a limited selection of accounts, meeting the basic needs of traders, but not accommodating specific requirements.
Pros
- Availability of DMA account for professional traders.
- Premium service offered for high-value clients.
- Free demo account for practice and training.
Cons
- Absence of Islamic and investment accounts.
- No fixed spread accounts and cent accounts.
Commissions
| Broker | Alpari | IG |
|---|---|---|
| Commissions | 3.2/5 | 3/5 |
| Spread | from 0 points | from 0.165 points |
| Average Spread (EURUSD) | 1.7 | 1.1 |
| Commission per Lot | $2.70 | $6.48 |
Alpari
Alpari offers average trading commissions, but potential withdrawal fees and inactivity charges may deter some clients.
Pros
- Low transaction fee for ECN accounts
- Loyalty program (CashBack)
Cons
- Spreads slightly above market average
- Inactivity fee for accounts
IG
IG provides an average level of commissions, with low spreads but high transaction fees on DMA accounts.
Pros
- Low spreads.
- No fees for deposits/withdrawals.
Cons
- High transaction fee on DMA account.
- Inactivity fee.
- Currency conversion fee and guaranteed stop fee.
Deposit and Withdrawal
| Broker | Alpari | IG |
|---|---|---|
| Rating | 5/5 | 3.7/5 |
| Account Funding Methods |
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Alpari
Alpari offers very flexible and competitive conditions for depositing and withdrawing funds, making it an attractive choice for traders.
IG
Broker IG offers an average level of services for deposits/withdrawals, not charging a fee, but has limitations on available methods.
Pros
- No commission for funding and withdrawal.
- PayPal available as a deposit/withdrawal option.
- Transparent information about limits.
Cons
- Absence of cryptocurrencies and most electronic wallets.
- Withdrawal processing time can take up to 5 business days.
- Restrictions on the minimum withdrawal amount.
Markets and Products
| Broker | Alpari | IG |
|---|---|---|
| Markets and Products | 4.5/5 | 5/5 |
| Forex | 46 | 99 |
| Precious Metals | 2 | 11 |
| Energy Carriers | 3 | 9 |
| Indices | 12 | 46 |
| Stocks | 631 | 13000 |
| Cryptocurrency | 9 | 15 |
| Soft Commodities | - | 20 |
| ETF | - | 5400 |
| Bonds | - | 19 |
Alpari
The overall selection of assets available for trading with Alpari broker offers a diverse range that can satisfy the needs of most traders. However, there is no option to trade CFDs on exchange commodities.
IG
IG offers an extensive range of products and markets for trading, with an impressive selection of CFDs, options, and thematic baskets.
Trading Platforms
| Broker | Alpari | IG |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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Alpari
Alpari offers a wide range of trading platforms that will undoubtedly meet the needs of most traders. The terminals provide traders with a full set of tools and resources necessary for effective trading.
IG
IG offers a variety of trading platforms, including MetaTrader 4, IG Trading Platform, and L2 Dealer, catering to traders of all levels.
Analytics
| Broker | Alpari | IG |
|---|---|---|
| Rating | 3/5 | 5/5 |
Alpari
Alpari provides daily expert market analysis, offering valuable insights for traders.
Pros
- In-depth daily reports.
- Expert analysis on market events.
Cons
- Limited range of analytical tools.
- Lack of real-time signals.
IG
IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.
Education
| Broker | Alpari | IG |
|---|---|---|
| Rating | 2/5 | 5/5 |
Alpari
No educational materials in English.
IG
IG offers high-quality and comprehensive educational materials suitable for traders of various levels.
Customer Support
| Broker | Alpari | IG |
|---|---|---|
| Rating | 3/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Telegram
Дзен
Twitter
Facebook
LinkedInAlpari
Alpari's support has diverse contact options but lacks consistent quality and transparent service hours.
Pros
- Multiple contact methods.
- International phone support.
Cons
- No clear support hours.
- Mixed client reviews.
IG
IG provides fast and professional support.
