AMarkets 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 AMarkets and IG
| Broker | AMarkets | IG |
|---|---|---|
| Rating | 4.4/5 | 4.1/5 |
| Foundation Year | 2007 | 1973 |
| Regulated in Countries | Cook Islands, Comoros | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates |
| Minimum Deposit |
|
|
| Spread | from 0.1 points | from 0.165 points |
| Max Leverage | 1:3000 | 1:200 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | AMarkets Review | IG Review |
AMarkets is suitable for independent traders and investors due to various accounts, narrow spreads, and the possibility of engaging in copy trading.
Broker IG.com is suitable for traders of all levels, offering reliability, convenience, a wide selection of instruments, and good customer support.
AMarkets Review
AMarkets is a versatile broker offering a full range of services in the Forex market. It enables independent trading and investing funds in copy trading with equal success.
Traders can access several accounts with low spreads, permitted scalping, and fast trade execution. Up-to-date analytics, valuable services, and rapid fund withdrawal support a stable technical platform.
Investors who are not keen on engaging in independent trading can still achieve significant profits by copying the trades of successful traders. Building a portfolio is time-efficient and offers the possibility of passive income.
Pros and Cons of AMarkets
Pros
- A wide range of trading assets.
- Extensive analytical capabilities using modern tools and trading robots.
- No commissions on many operations.
- Convenience and simplicity of opening an account and managing it.
Cons
- Not the most extensive educational materials.
- On some assets, spreads are higher than those of competing Forex brokers.
AMarkets 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 | AMarkets | IG |
|---|---|---|
| Reliability | 3.6/5 | 5/5 |
| Foundation Year | 2007 | 1973 |
| Regulated in Countries | Cook Islands, Comoros | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates |
| Regulators | FSC of Cook Islands FSC of Cook Islands MISA MISA SVGFSA SVGFSA | 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 |
AMarkets
The broker ensures stable and reliable operational activities, albeit with offshore regulation.
Pros
- Client fund segregation.
- Protection by The Financial Commission's compensation fund.
- Quality of execution verified by Verify My Trade.
IG
The company is subject to numerous international regulators, ensuring a high degree of transparency.
Account Opening
| Broker | AMarkets | IG |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
|
|
AMarkets
Opening an account at AMarkets is quite simple and convenient, involving direct registration, identity verification, and selecting the appropriate type of account.
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 | AMarkets | IG |
|---|---|---|
| Account Types | 4.8/5 | 2.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0.1 points | from 0.165 points |
| Max Leverage | 1:3000 | 1:200 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
AMarkets
The broker offers various accounts to meet different traders’ needs.
Pros
- A large selection of account types (Standard, Fixed, ECN, Crypto).
- The possibility of obtaining VIP status for improved trading conditions.
- The unique opportunity to transfer profits from a demo account to a real one.
Cons
- No cent accounts.
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 | AMarkets | IG |
|---|---|---|
| Commissions | 4/5 | 3/5 |
| Spread | from 0.1 points | from 0.165 points |
| Average Spread (EURUSD) | 1.6 | 1.1 |
| Commission per Lot | $2.5 | $6.48 |
AMarkets
AMarkets is a broker that provides low commissions, which makes it more appealing to traders.
Pros
- Low transaction commission.
- No inactivity fee.
- The broker covers the payment system commissions for account funding.
Cons
- Spreads on some instruments are higher than competitors.
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 | AMarkets | IG |
|---|---|---|
| Rating | 5/5 | 3.7/5 |
| Account Funding Methods |
|
|
AMarkets
The account funding and withdrawal conditions at AMarkets are convenient for clients, with a wide range of payment systems available.
Pros
- No broker commissions for deposits and withdrawals.
- Fast fund crediting and processing of withdrawal requests.
- A large selection of payment systems, including cryptocurrencies.
Cons
- Payment system commission on withdrawals.
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 | AMarkets | IG |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 42 | 99 |
| Precious Metals | 7 | 11 |
| Energy Carriers | 4 | 9 |
| Soft Commodities | 7 | 20 |
| Indices | 16 | 46 |
| Stocks | 437 | 13000 |
| Bonds | 2 | 19 |
| Cryptocurrency | 27 | 15 |
| ETF | - | 5400 |
AMarkets
The broker provides a vast array of trading assets, such as currency pairs, metals, cryptocurrencies, bonds, commodities, and indices. The broker offers high leverage and the option of scalping, making it particularly attractive.
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 | AMarkets | IG |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Trading Platforms |
|
|
AMarkets
AMarkets provides time-tested MetaTrader 4 and 5 platforms and a convenient mobile app.
Pros
- Reliable and popular MT4 and MT5 platforms.
- Mobile app with high user ratings.
Cons
- No alternative to MetaTrader.
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 | AMarkets | IG |
|---|---|---|
| Rating | 5/5 | 5/5 |
AMarkets
AMarkets offers excellent analytical tools and services.
Pros
- An extensive set of analytical tools.
- Proprietary trading robots and advisors.
- A thoughtful and professional analytical department.
IG
IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.
Education
| Broker | AMarkets | IG |
|---|---|---|
| Rating | 2.5/5 | 5/5 |
AMarkets
Educational materials at AMarkets are limited and may not meet the needs of beginner traders.
Pros
- There is a blog with useful articles.
Cons
- Lack of comprehensive educational programs.
- No webinars, video tutorials, courses.
IG
IG offers high-quality and comprehensive educational materials suitable for traders of various levels.
Customer Support
| Broker | AMarkets | IG |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Whatsapp
VK
Telegram
YouTube
LinkedIn
Twitter
FacebookAMarkets
Technical support at AMarkets is efficient and available 24/7, providing various communication channels for customer convenience.
IG
IG provides fast and professional support.
