IG vs XTB 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 IG and XTB
| Broker | IG | XTB |
|---|---|---|
| Rating | 4.1/5 | 3.7/5 |
| Foundation Year | 1973 | 2001 |
| Regulated in Countries | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
| Minimum Deposit |
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| Spread | from 0.165 points | from 0.5 points |
| Max Leverage | 1:200 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
|
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| Review | IG Review | XTB Review |
Broker IG.com is suitable for traders of all levels, offering reliability, convenience, a wide selection of instruments, and good customer support.
XTB suits experienced traders looking for a reliable broker with a wide selection of instruments and high-quality analytics.
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:
XTB Review
XTB is a highly regulated broker with licenses from leading bodies such as the FCA, reinforcing its reliability and transparency. This broker offers a wide range of trading products, including currencies, indices, commodities, stocks, and cryptocurrencies, making it a flexible choice for traders of different levels and interests. Various deposit options and advanced analytical support further enhance its appeal against competitors.
XTB suits traders who value regulation and security, those looking for various trading tools, and those who want access to extensive analytical resources. The broker will especially suit active traders who maximize low spreads and product diversity.
Pros and Cons of XTB
Pros
- Regulated by several leading financial authorities.
- Variety of methods to deposit funds.
- Wide range of trading assets.
- Extensive analytical tools and resources.
Cons
- Withdrawal and account inactivity fees.
- Withdrawal methods are limited.
- Limited number of trading account types.
- Lack of educational materials.
Reliability
| Broker | IG | XTB |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 1973 | 2001 |
| Regulated in Countries | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates | Belize, Poland, United Kingdom, Spain, United Arab Emirates, Germany |
| Regulators | 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 | BFSC BFSC KNF KNF AMF AMF ACPR ACPR FCA FCA CNMV CNMV DFSA DFSA BaFin BaFin |
IG
The company is subject to numerous international regulators, ensuring a high degree of transparency.
XTB
XTB is quite reliable, considering regulation in several authoritative jurisdictions.
Account Opening
| Broker | IG | XTB |
|---|---|---|
| Account Opening | 4/5 | 4.5/5 |
| Minimum Deposit |
|
|
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.
XTB
The account opening process at XTB is simple and clear, but takes some time.
Pros
- Easy registration and data verification.
- Flexibility regarding the minimum deposit.
- Adherence to KYC and AML standards.
Cons
- Verification can take time.
- Need to provide a large volume of personal data.
Account Types
| Broker | IG | XTB |
|---|---|---|
| Account Types | 2.5/5 | 2/5 |
| Trading Accounts |
|
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| Minimum Deposit |
|
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| Spread | from 0.165 points | from 0.5 points |
| Max Leverage | 1:200 | 1:500 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
XTB
XTB offers basic accounts, but does not provide full variability, which may not satisfy all traders' needs.
Pros
- Swap-free account for Muslim traders.
- No restrictions on demo accounts
Cons
- Lack of cent accounts and fixed spread accounts.
- No market execution of orders.
- No investment accounts (PAMM, copy trading).
Commissions
| Broker | IG | XTB |
|---|---|---|
| Commissions | 3/5 | 2.5/5 |
| Spread | from 0.165 points | from 0.5 points |
| Average Spread (EURUSD) | 1.1 | 1.4 |
| Commission per Lot | $6.48 |
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.
XTB
XTB offers an average level of commissions.
Pros
- Cashback system helps to offset some of the commissions.
Cons
- High commission for withdrawals less than $50.
- Fee for account inactivity.
Deposit and Withdrawal
| Broker | IG | XTB |
|---|---|---|
| Rating | 3.7/5 | 4/5 |
| Account Funding Methods |
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|
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.
XTB
XTB provides convenient methods for depositing funds without a commission, but has limited withdrawal options.
Pros
- Wide selection of deposit methods.
- No commission for depositing funds.
- No commission for withdrawals over $50.
Cons
- The only available withdrawal method is bank transfer.
- Commission of $30 for withdrawals less than $50.
Markets and Products
| Broker | IG | XTB |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 99 | 57 |
| Precious Metals | 11 | 9 |
| Energy Carriers | 9 | 5 |
| Soft Commodities | 20 | 10 |
| Indices | 46 | 35 |
| Stocks | 13000 | 1997 |
| ETF | 5400 | 177 |
| Bonds | 19 | 3 |
| Cryptocurrency | 15 | 41 |
IG
IG offers an extensive range of products and markets for trading, with an impressive selection of CFDs, options, and thematic baskets.
XTB
XTB offers an extensive range of markets and products for trading, including currency pairs, indices, commodities, stocks, ETFs, and cryptocurrencies.
Trading Platforms
| Broker | IG | XTB |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
|
|
IG
IG offers a variety of trading platforms, including MetaTrader 4, IG Trading Platform, and L2 Dealer, catering to traders of all levels.
XTB
XTB offers its functional and user-friendly trading platform xStation 5, well-suited for market analysis.
Pros
- A multitude of analytical tools.
- Customizable terminal interface.
- Android mobile app available.
Cons
- Lack of choice between different trading platforms.
- No platform version for iOS devices.
- No desktop version of the platform.
Analytics
| Broker | IG | XTB |
|---|---|---|
| Rating | 5/5 | 5/5 |
IG
IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.
XTB
XTB offers superior analytics with a rich set of tools available to all users, making them one of the leaders in this area.
Pros
- In-depth analytics, including forecasts from experts and news.
- A wide range of analysis tools, including an economic calendar and trading schedules.
- Analytics available to all users, not only company clients.
Education
| Broker | IG | XTB |
|---|---|---|
| Rating | 5/5 | 2/5 |
IG
IG offers high-quality and comprehensive educational materials suitable for traders of various levels.
XTB
XTB's educational materials are very limited.
Pros
- Basic trading information is provided.
Cons
- Lack of webinars and detailed video tutorials.
- Not suitable for beginners seeking comprehensive education.
Customer Support
| Broker | IG | XTB |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media | — |
Twitter
Facebook
LinkedIn
YouTubeIG
IG provides fast and professional support.
XTB
XTB's technical support is generally good, available 24/5, but the absence of a constantly operating online chat is a drawback.
Pros
- Operates 24/5.
- Contact options include phone and email.
- Responses to inquiries are received within a reasonable timeframe.
Cons
- Online chat not always available.
- Only international phone number available for contact.
- Lack of messaging channels for communication.
