United States
United Kingdom
Germany
Netherlands
Australia
United Arab Emirates
Canada
Italy
Spain
Austria
Croatia
Serbia
Portugal
CypruseToro vs IG
What each one charges, who licenses it, and how they rank against each other country by country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
The short version
We rank both for CFDs in 9 countries, and IG comes out ahead in every one of them.
We score each country separately, based on the company that would actually hold your account there, so check your own country in the table below.
IG is cheaper on both fees we could compare.
Both hold top-tier (tier-1) licences: eToro from FCA, ASIC, SEC / FINRA and NYDFS, IG from FCA, BaFin and ASIC.
- IG is cheaper for US stock orders: $0 per order, compared with $2 per order at eToro.Edge: IG
- IG doesn't charge a withdrawal fee; eToro charges up to $5.Edge: IG
- We list eToro in 12 of the 14 countries we cover and IG in 9. They overlap in 9.Edge: eToro
- Only eToro offers crypto.
- Only IG offers forex.
- Only IG supports TradingView and MetaTrader 4.
Where you can use each one
Where each one ranks on our list in every country we cover, its Coinish Score there, and the company that would hold your account. If a broker isn't allowed to take clients from a country, it isn't on that country's list.
CFD brokers
| Country | eToro | IG |
|---|---|---|
| Australia | #2 of 1873/100Locally licensed eToro AUS Capital Limited · ASIC | #1 of 1877/100Locally licensed IG Australia Pty Ltd · ASIC |
| Austria | #2 of 3072/100EU passport eToro (Europe) Ltd · CySEC | #1 of 3077/100EU passport IG Europe GmbH · BaFin |
| Germany | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC | #1 of 3177/100Locally licensed IG Europe GmbH · BaFin |
| Italy | #2 of 3372/100EU passport eToro (Europe) Ltd · CySEC | #1 of 3377/100EU passport IG Europe GmbH · BaFin |
| Netherlands | #3 of 3072/100EU passport eToro (Europe) Ltd · CySEC | #1 of 3077/100EU passport IG Europe GmbH · BaFin |
| Portugal | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC | #1 of 3177/100EU passport IG Europe GmbH · BaFin |
| Spain | #2 of 3172/100EU passport eToro (Europe) Ltd · CySEC | #1 of 3177/100EU passport IG Europe GmbH · BaFin |
| United Arab Emirates | #3 of 1272/100Locally licensed eToro (ME) Limited · FSRA (ADGM) | #1 of 1275/100Locally licensed IG (DIFC branch) · DFSA |
| United Kingdom | #3 of 1874/100Locally licensed eToro (UK) Ltd · FCA | #2 of 1877/100Locally licensed IG Markets Ltd · FCA |
| Croatia | #1 of 2872/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Cyprus | #1 of 3072/100Locally licensed eToro (Europe) Ltd · CySEC | Not listed |
Stock brokers & investing apps
| Country | eToro | IG |
|---|---|---|
| Australia | #4 of 873/100Locally licensed eToro AUS Capital Limited · ASIC | #2 of 876/100Locally licensed IG Australia Pty Ltd · ASIC |
| United Kingdom | #3 of 773/100Locally licensed eToro (UK) Ltd · FCA | #2 of 776/100Locally licensed IG Markets Ltd · FCA |
| Austria | #1 of 871/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Croatia | #1 of 871/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Cyprus | #1 of 971/100Locally licensed eToro (Europe) Ltd · CySEC | Not listed |
| Germany | #1 of 1271/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Italy | #1 of 1171/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Netherlands | #2 of 1071/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Portugal | #1 of 971/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| Spain | #1 of 971/100EU passport eToro (Europe) Ltd · CySEC | Not listed |
| United Arab Emirates | #2 of 671/100Locally licensed eToro (ME) Limited · FSRA (ADGM) | Not listed |
| United States | #4 of 973/100Locally licensed eToro USA Securities Inc. · SEC / FINRA | Not listed |
Fees and features side by side
| eToro | IG | |
|---|---|---|
| Products | Stocks & ETFs, CFDs, Crypto, Copy trading | Forex, CFDs, Stocks & ETFs, Options |
| Owner | eToro Group Ltd (listed on Nasdaq) | IG Group Holdings Plc |
| EUR/USD all-in cost | Not verified yet | 0.6 pips, CFD / spread bet (minimum spread 0.6, no commission) |
| US stock commission | $2 per order | $0 per order |
| Crypto trading fee | 1%, app fee per trade (no order book) | Not verified yet |
| Currency conversion fee | Not verified yet | 0.8% |
| Inactivity fee | None | CHF 18 per month after 24 consecutive months with no trading (Swiss accounts; amount differs by region) |
| Withdrawal fee | Up to $5 | None |
| Minimum deposit | $50 (eToro USA Securities Inc.) | $0 (IG Markets Ltd) |
| Instruments | 10,000+ | 17,000+ |
| Fractional shares | Yes | Not verified yet |
| Platforms | eToro web platform, eToro mobile app | IG web platform, IG trading app, ProRealTime, L2 Dealer, TradingView, MT4 |
| Deposit methods | Bank transfer, Credit/debit card, Trustly (online banking), SEPA transfer | Debit card, Credit card, Apple Pay, Bank transfer |
| Withdrawal time (stated) | status email within 2 business days; up to 10 business days by method | card 2–5 bank working days; bank transfer 1–3 working days |
| Demo account | Yes | Yes |
| Support | Not verified yet | live chat · 24/7 except Fri 22:00–Sat 08:00 (UK) |
Every figure comes from the broker's own pages or its regulator. You'll find the sources in each review (eToro, IG).
Licences
eToro
- eToro (Europe) Ltd: CySEC (Tier 2)
- eToro (UK) Ltd: FCA (Tier 1)
- eToro AUS Capital Limited: ASIC (Tier 1)
- eToro USA Securities Inc.: SEC / FINRA (Tier 1)
- eToro (Seychelles) Ltd: FSA Seychelles (Tier 3 (offshore))
- eToro NY LLC: NYDFS (Tier 1)
- eToro (ME) Limited: FSRA (ADGM) (Tier 2)
eToro vs IG: common questions
Which is better, eToro or IG?
We rank both for CFDs in 9 countries, and IG comes out ahead in every one of them. For reference, eToro's best ranking is #1 of 30 CFD brokers in Cyprus, and IG's best ranking is #1 of 33 CFD brokers in Italy.
Is eToro cheaper than IG?
IG is cheaper for US stock orders: $0 per order, compared with $2 per order at eToro. IG doesn't charge a withdrawal fee; eToro charges up to $5.
Is eToro or IG better regulated?
Both hold top-tier (tier-1) licences: eToro from FCA, ASIC, SEC / FINRA and NYDFS, IG from FCA, BaFin and ASIC. Which company you actually sign up with depends on where you live; the country table on this page names it for each one.
Can I use both eToro and IG where I live?
We list eToro in 12 of the 14 countries we cover and IG in 9. They overlap in 9. For CFDs, you'll find both on our lists in Australia, Austria, Germany, Italy, Netherlands, Portugal, Spain and United Arab Emirates, among others.