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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IG Key Features


IG

Founded in 1974 by Stuart Wheeler as IG Index, IG are a publicly listed broker headquartered on Cannon Street in London. As of November 2017 IG was valued at over £2.4bn with an active client base (as of May 2017) of over 195,000. IG has offices in Dusseldorf, Geneva, Madrid, Milan, Paris, Stockholm, Shanghai, Melbourne, Singapore, Tokyo, Chicago, Johannesburg and Dubai.

IG Reviews IG Client Reviews
IG Expert Review
Exclusive Interview No - see other broker CEO interviews
Platforms IG Trading PlatformMT4, L2 Dealer & APIs
IG Updates Latest IG News, Views, Reviews & Guides
Min Deposit £250
Account Types Spread betting, CFDs, ForexStocks, ISA & SIPP, Prime Brokerage
Spread Types Fixed or variable
Funding Methods Cards, PayPal, Bank transfer
Customer Support Phone, email, livechat
Execution Type STP, Hedged, DMA, Internally matched
FTSE 100 Pricing 1 point
Germany 30 Pricing 1 point
Wall Street Pricing 1.6 points
Bitcoin Pricing 30 points
Ether Pricing 5 points
EURGBP Pricing 0.9 points
EURUSD Pricing 0.6 points
GBPUSD Pricing 0.9 points
Gold Pricing 0.3 points
Oil Pricing 3 points
Stock Pricing 0.10%
FCA Regulated Yes - See status
Year Established 1974
Active Clients 195,000
Markets available 15,000+
Retail Accounts Yes
Professional Accounts Yes
Listed PLC Yes (LSE) See IG share price
Country Founded UK
Inactivity Fee £12 per month after 24 months
Overnight Funding Rates 2.5% +/- Libor
Educational Material Yes
Office Locations 14
IG Alternatives IG Versus ETX Capital
IG Versus Core Spreads
IG Versus Plus 500
IG Versus Spreadex
IG Versus Saxo Capital Markets
IG Versus City Index
IG Versus Forex.com
IG Versus Pepperstone
IG Versus XTB
IG Versus eToro
IG Versus ayondo
IG Versus CMC Markets

CMC Markets Key Features

CMC Markets are clearly one of the better spread betting brokers. Like IG, they have been around for ages and stand out primarily because of their investment in trading systems.  The company started off as Deal4Free back in the old days and won a lot of business from competitors because of tights spreads on the most liquid markets.
CMC Markets Reviews CMC Markets Client Reviews
CMC Markets Expert Review
CMC CEO Interview Peter Cruddas CEO & Founder
Platforms CMC Markets trading platform MT4, Iress Viewpoint, SmartTrade WebTrader & APIs
CMC Markets Updates Latest CMC News, Views, Reviews & Guides
Min Deposit No minimum
Account Types Spread Betting, CFDs, Forex, Prime Brokerage
Spread Types Fixed and variable
Funding Methods Credit or debit card, bank transfer, PayPal (coming soon)
Customer Support Phone, email and messenger
Execution Type Internally matched, DMA, STP
UK 100 Pricing 1 point
Germany 30 Pricing 1 point
Wall Street Pricing 1.4 points
Bitcoin Pricing 60 points
Ether Pricing 6 points
EURGBP Pricing 1.1 points
EURUSD Pricing 0.7 points
GBPUSD Pricing 0.9 points
Gold Pricing 0.3 points
Oil Pricing 3 points
Stock Pricing Variable
FCA Regulated Yes - See status
Year Established 1989
Active Clients 59,000+
Markets available 9,500+
Retail Accounts Yes
Professional Accounts Yes - CMC Pro
Listed PLC Yes (LSE) See CMC Markets share price
Country Founded UK
Inactivity Fee £10 per month after 24 months
Overnight Financing Rates 2.5% +/- Libor
Educational Material Yes
Office Locations 15
CMC Markets Alternative Brokers CMC Markets Versus IG
CMC Markets Versus ETX Capital
CMC Markets Versus Core Spreads
CMC Markets Versus Plus 500
CMC Markets Versus Spreadex
CMC Markets Versus Saxo Capital Markets
CMC Markets Versus City Index
CMC Markets Versus Forex.com
CMC Markets Versus Pepperstone
CMC Markets Versus XTB
CMC Markets Versus eToro
CMC Markets Versus ayondo

IG Versus CMC Markets - the great rivalry

We take a look at the the two biggest spread betting brokers and who should win the battle between IG versus CMC Markets for your brokerage trading.

How long have they been around?

Both IG and CMC are old City faces.  IG was founded in 1974 and CMC Markets shortly afterward in 1989.  Both spread betting brokers lead the industry in terms of innovation and market share in the UK and are both gradually expanding abroad.  Both CMC and IG are well-established players with good reputations.

How tight are their spreads?

CMC is better for pricing as as they have always focused on the more liquid instruments like FX and Indices.  CMC also have slightly better pricing on stocks - the spreads tend to be about 10 basis points (that 0.1% to you and me) wider than the underlying market in FTSE 100 stocks. IG is certainly competitive but if you are seeking tight spreads CMC is the better option.

Trading platform choice

IG offer more variety and have the best trading platform in the industry in terms of market coverage, innovation, sentiment tools, charting and ease of use.  IG also MT4 as an option.

CMC's trading platform has always been a little more aggressive.  Black background, lots of dials, a bit more like the professional data platform Bloomberg looks and as such as there to make private clients feel a bit more professional.

High Volume Rebate schemes

Nothing on offer from IG. CMC have a high volume rebate program in place for high volume traders.  So at the end of the month if you do enough business you get a percentage of your trading costs back.

How broad is the market range?

IG offer more markets (10,000) and are much better at giving clients access to smaller cap stocks.  CMC tend to focus on the more liquid markets but do still offer around 9,500 instruments to choose from.  Most clients only trade about 15 assets anyway to this is almost irrelevant.  But it's good to know they are there if you ever want a punt on something obscure.

Featured Good Broker Guide Brokers

IG Saxo Capital Markets Pepperstone ETX Capital CMC Markets

Visit IG Visit Saxo Visit Pepperstone Visit ETX Capital Visit CMC Markets