Compare these top two brokers side by side. Choose the best broker for your needs based on the price, features and trading platforms of both IG Index and Spreadex.

IG Key Features

ig review
Visit IG
70% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
IG Reviews
Total Markets17,000
Forex Pairs51
Commodities38
Indices34
UK Stocks3925
US Stocks6352
Broker specifics
2019 Revenue£476,900,00
Number Active Clients178,000
Minimum Deposit£250.00
Inactivity Fee£12 per month
Founded1974
FX Retails SpreadsIG
EUR/USD Euro vs US Dollar0.6
GBP/USD British pound vs US dollar0.9
USD/JPY US Dollar vs Japanese Yen0.7
EUR/GBP Euro vs British Pound0.9
AUD/USD Australian Dollar vs US Dollar0.6
USD/CAD US Dollar vs Canadian Dollar1.3
USD/CHF US Dollar vs Swiss Franc1.5
NZD/USD NZ Dollar vs US Dollar0.18
EUR/JPY Euro vs Japanese Yen0.15
EUR/AUD Euro vs Australian Dollar0.15
FX Retail Margins
EUR/USD Euro vs US Dollar30:01:00
GBP/USD British pound vs US dollar30:01:00
USD/JPY US Dollar vs Japanese Yen30:01:00
EUR/GBP Euro vs British Pound30:01:00
AUD/USD Australian Dollar vs US Dollar20:01
USD/CAD US Dollar vs Canadian Dollar30:01:00
USD/CHF US Dollar vs Swiss Franc30:01:00
NZD/USD NZ Dollar vs US Dollar20:01
EUR/JPY Euro vs Japanese Yen30:01:00
EUR/AUD Euro vs Australian Dollar20:01
Commodity Spreads
WTI crude (oil)0.28
Brent crude (oil)0.28
Natural Gas0.3
Gold0.3
Silver0.2
Copper (comex)0.2
Corn0.6
Wheat0.4
Soyabeans1.2
Gasoline RBOB30
Steelnot quoted
Aluminium6
Iron4.5
Commodity Margins
WTI crude (oil)10:01
Gold20:01
Corn10:01
Brent crude (oil)10:01
Natural Gas10:01
Silver10:01
Copper10:01
Wheat10:01
Soyabeans10:01
Gasoline RBOB10:01
Steelnot quoted
Aluminium10:01
Iron10:01
Index Spreads
Dow Jones Industrials Average (US 30)2.4
Standard & Poor’s 500 (S&P 500)0.4
Nasdaq (Composite and Nasdaq 100)1
Dow Jones Industrials (DJIA)not quoted
UK FTSE 100 (FTSE 100)1
CAC 40 (France 40)1
DAX (Germany 30)1.2
Euro Stoxx 50 (Euro 50)1.5
Japan 225 (Nikkei 225)7
Hong Kong (Hang Seng Index)5
Index Margins
Dow Jones Industrials Average (US 30)20:01
Standard & Poor’s 500 (S&P 500)20:01
Nasdaq (Composite and Nasdaq 100)20:01
Dow Jones Industrials (DJIA)not quoted
UK FTSE 100 (FTSE 100)20:01
CAC 40 (France 40)20:01
DAX (Germany 30)20:01
Euro Stoxx 50 (Euro 50)20:01
Japan 225 (Nikkei 225)20:01
Hong Kong (Hang Seng Index)10:01
Stocks & Shares Spreads
UK Stock Spreads0.10%
US Stock Spreads0.10%
Stocks & Shares Margins
US Stock Margins05:01
UK Stock Margins05:01
Overnight Financing Rates
Forex (tom next plus or minus )0.00%
Commoditiesvariable + daily admin fee of 0.0068%
Indices
UK StocksLibor +/-2.50%
US StocksUS Libor +/-2.50%
Compare AlternativesIG Versus CMC Markets
IG Versus Pepperstone
IG Versus Saxo Markets
IG Versus City Index
IG Versus Spreadex

Spreadex Key Features

Spreadex review
Visit Spreadex
67% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
Spreadex Reviews
Total Markets10000
Forex Pairs53
Commodities21
Indices37
UK Stocks2000
US Stocks500
Broker specifics
2019 RevenueNA
Number Active Clientsnot disclosed
Minimum Deposit100
Inactivity FeeNone
Founded1999
FX Retails SpreadsSpreadex
EUR/USD Euro vs US Dollar0.6
GBP/USD British pound vs US dollar0.9
USD/JPY US Dollar vs Japanese Yen0.7
EUR/GBP Euro vs British Pound0.9
AUD/USD Australian Dollar vs US Dollar0.6
USD/CAD US Dollar vs Canadian Dollar0.13
USD/CHF US Dollar vs Swiss Franc0.15
NZD/USD NZ Dollar vs US Dollar0.2
EUR/JPY Euro vs Japanese Yen0.15
EUR/AUD Euro vs Australian Dollar0.18
FX Retail Margins
EUR/USD Euro vs US Dollar1899-12-31 06:01:00
GBP/USD British pound vs US dollar1899-12-31 06:01:00
USD/JPY US Dollar vs Japanese Yen1899-12-31 06:01:00
EUR/GBP Euro vs British Pound1899-12-31 06:01:00
AUD/USD Australian Dollar vs US Dollar1970-01-01 20:01:00
USD/CAD US Dollar vs Canadian Dollar1899-12-31 06:01:00
USD/CHF US Dollar vs Swiss Franc1899-12-31 06:01:00
NZD/USD NZ Dollar vs US Dollar1970-01-01 20:01:00
EUR/JPY Euro vs Japanese Yen1899-12-31 06:01:00
EUR/AUD Euro vs Australian Dollar1970-01-01 20:01:00
Commodity Spreads
WTI crude (oil)0.3
Brent crude (oil)0.3
Natural Gasnot quoted
Gold0.4
Silver0.3
Copper (comex)not quoted
Cornnot quoted
Wheatnot quoted
Soyabeansnot quoted
Gasoline RBOBnot quoted
Steelnot quoted
Aluminiumnot quoted
Ironnot quoted
Commodity Margins
WTI crude (oil)1970-01-01 10:01:00
Gold1970-01-01 20:01:00
Cornnot quoted
Brent crude (oil)1970-01-01 10:01:00
Natural Gasnot quoted
Silver1970-01-01 10:01:00
Coppernot quoted
Wheatnot quoted
Soyabeansnot quoted
Gasoline RBOBnot quoted
Steelnot quoted
Aluminiumnot quoted
Ironnot quoted
Index Spreads
Dow Jones Industrials Average (US 30)2.4
Standard & Poor’s 500 (S&P 500)0.4
Nasdaq (Composite and Nasdaq 100)2
Dow Jones Industrials (DJIA)not quoted
UK FTSE 100 (FTSE 100)1
CAC 40 (France 40)2
DAX (Germany 30)1.2
Euro Stoxx 50 (Euro 50)2
Japan 225 (Nikkei 225)15
Hong Kong (Hang Seng Index)8
Index Margins
Dow Jones Industrials Average (US 30)1970-01-01 20:01:00
Standard & Poor’s 500 (S&P 500)1970-01-01 20:01:00
Nasdaq (Composite and Nasdaq 100)1970-01-01 20:01:00
Dow Jones Industrials (DJIA)not quoted
UK FTSE 100 (FTSE 100)1970-01-01 20:01:00
CAC 40 (France 40)1970-01-01 20:01:00
DAX (Germany 30)1970-01-01 20:01:00
Euro Stoxx 50 (Euro 50)1970-01-01 20:01:00
Japan 225 (Nikkei 225)1970-01-01 20:01:00
Hong Kong (Hang Seng Index)1970-01-01 10:01:00
Stocks & Shares Spreads
UK Stock Spreads0.001
US Stock Spreads0.0015
Stocks & Shares Margins
US Stock Margins1970-01-01 22:01:00
UK Stock Margins1970-01-01 22:01:00
Overnight Financing Rates
Forex (tom next plus or minus )intertest rate differentials +0.80%
CommoditiesVariable by instrument see
IndicesVariable by instrument see see
UK StocksLibor+/- 3.0%
US Stocks1 month US Libor +/-3.0%
Compare AlternativesSpreadex Versus IG
Spreadex Versus CMC Markets
Spreadex Versus Pepperstone
Spreadex Versus City Index
Spreadex Versus Saxo Markets

IG Versus Spreadex – Two very different brokers

There is a big difference between these two spread betting brokers.  IG Versus Spreadex is a simple comparison because they cater for very different clients.

When were they founded?

IG was founded in 1974 by Stuart Wheeler as a gold bookie.  Spreadex a little more recently in 1999.  Both brokers are well established with large loyal client basis

How tight are their spreads?

Neither IG nor Spreadex could be accused of being competitive on price.  Bother brokers can be beaten on spreads by discount brokers like ETX or Core Spreads.

Trading platform choice

IG has by far the better online trading platform.  In fact it's pretty much the best in the industry.

Spreadex's online platform is fine and functional.  But where they really shine is personal service for clients that like to deal over the phone.  As they are a smaller broker they offer a more personal service.

How broad is the market range?

Again, IG wins hands down.  They offer over 10,000 markets compared to Spreadex.  However, with Spreadex you can also bet on sports so if you fancy betting on the Footie and FTSE Spreadex offer a fuller service.