Last Updated on: 21st February 2022, 06:29 am
Online brokers offer a wide range of benefits for a trader. You need to select one between a large number of brokers. IG vs XTB, both are well-known brokers and offer various facilities to a trader.
These brokers are in the market for a quite long period of time. Traders get more than enough options when they try to pick the best broker. PrimeFin is a high-tech broker that is fulfilling all the requirements of a trader.
It is a new broker as compared to these two brokers. But it is a reliable broker that is providing everything in the best possible way.
IG VS XTB: Overall Rating
Basis of Rating | IG | XTB |
Overall | ||
Commission & Fee | ||
Regulations | ||
Trading Platforms | ||
Mobile Trading | ||
Educational Resources | ||
Trading Tools |
Regulation & Investors’ Protection
Features | IG | XTB |
Overall Trust Score | 99 | 92 |
Foundation Year | 1974 | 2002 |
Listed | Yes | Yes |
Tier-1 Licenses | 6 | 1 |
Segregation of Funds | Yes | No |
Regulations | FSA (Japan), FCA (UK), ASIC (Australia), and more | FCA (UK) |
Tradable Products
Products | IG | XTB |
Forex Trading | Yes | Yes |
Forex Pairs | 104 | 49 |
CFD Trading | Yes | Yes |
CFDs | 19537 | 9600 |
Cryptocurrency (Physical) | No | No |
Cryptocurrency (CFDs) | Yes | Yes |
Social Trading/Copy Trading | Yes | Yes |
Deposit and Withdrawal
Method | IG | XTB |
Bank Wire Transfer | Yes | Yes |
Debit & Credit Cards | Yes | Yes |
VISA | Yes | Yes |
Mastercard | Yes | Yes |
PayPal | Yes | Yes |
Skrill | No | Yes |
Trading Platforms
Platforms | IG | XTB |
Desktop Platform | Yes | Yes |
Web Platform | Yes | Yes |
Social Trading | No | Yes |
Mobile Trading | Yes | Yes |
MetaTrader 4 | Yes | Yes |
MetaTrader 5 | No | No |
Dupli Trade | No | No |
ZuluTrade | No | No |
Trading Tools
Features | IG | XTB |
Demo Trading | Yes | Yes |
Basic Alerts | Yes | Yes |
Watchlists Fields | 14 | 8 |
Charting Indicators | 30 | 37 |
Charting Drawing Tools | 20 | 29 |
Multiple Order Types | Yes | Yes |
Charting- Drawing Autosave | No | Yes |
Forex Calendar | Yes | Yes |
Educational Resources
Features | IG | XTB |
Forex Education | Yes | Yes |
CFDs Education | Yes | Yes |
Webinars | Yes | No |
Beginner Education | Yes | Yes |
Advanced Education | Yes | Yes |
Research Tools
Features | IG | XTB |
Auto Chartist | Yes | No |
Forex News | Yes | Yes |
Daily Market Commentary | Yes | Yes |
Weekly Webinars | Yes | No |
Trading Central | No | No |
Economic Calendar | Yes | Yes |
Delkos Research | No | No |
Social Sentiments | Yes | Yes |
Other Features
Features | IG | XTB |
Account Types | 1 | 2 |
Demo Account | Yes | Yes |
Maximum Leverage | 1:50 | 1:500 |
Minimum Deposit | $250 | $0 |
Commission | No | No |
Customer Support | 24/5 | 24/5 |
Spreads & Swaps | Yes | Yes |
The Best Alternative
PrimeFin was founded in 2019 by CTRL Investments Limited. It is authorized and regulated by the New Zealand Financial Markets Authority (FMA) and the Australian Securities and Investment Commission (ASIC).
With this broker, traders can trade in more than 350 trading instruments. The instruments include stocks, commodities, cryptocurrencies, indices, and many more. Traders can trade with a Mobile App, and WebTrader trading platform powered by MetaTrader 4.
Three types of trading accounts are offered by the broker that is silver, gold, and platinum along with a demo account. Enhance your trading skills and knowledge by using various educational resources and analytical tools. Also, get 24/5 customer support. Open an account with PrimeFin
The Bottom Line
IG vs XTB is good brokers as you can see the comparison between them. IG vs XTB, was a tough fight and the brokers are providing good services. PrimeFin is also one of the best brokers for beginners and professional traders. Consider all these and make a wise selection for yourself.