Scores, winners and data below compare these brokers as CFD/FX brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
AvaTrade
Regulated in your country AvaTrade is allowed by ASIC to onboard clients residing in Australia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
IG Markets
Regulated in your country IG Markets is allowed by ASIC to onboard clients residing in Australia.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Best for
What we compare A comparison of the kinds of traders AvaTrade and IG Markets are best suited to, based on what each one actually offers in Australia.AvaTrade is better than IG Markets for futures traders, while IG Markets is better for long-term investors. Both are a good fit for professional traders, high-volume traders and scalpers.
| Overall score | AvaTrade 82 -5 not offered | IG Markets 87 Best 88 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise AvaTrade and the ones that supervise IG Markets.AvaTrade and IG Markets are both regulated in Australia, by ASIC.
| Section score | AvaTrade 100 not offered | IG Markets 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that AvaTrade and IG Markets have in place to protect your money in Australia.AvaTrade and IG Markets both offer segregated client funds and two-factor authentication. IG Markets is also a licensed bank.
| Section score | AvaTrade 65 -13 not offered | IG Markets 78 Best 78 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2006 | 1974 |
| Parent company i | Ava Group | IG Group Holdings PLC |
| CEO i | Dáire Ferguson | Breon Corcoran |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | National Westminster Bank, J.P. Morgan SE | UniCredit Bank AG, UniCredit S.p.A., J.P. Morgan SE, CaixaBank, Citigroup, BNP Paribas |
| Brand power | ||
| Number of customers worldwide i | 9,000,000 | 320,000 |
| Annual revenue i | US$987,300,000 | |
| Monthly website search traffic i | 97.1K monthly visits | |
Costs
What we compare A comparison of what it costs to trade with AvaTrade and with IG Markets in Australia, both on each trade and on holding the account.IG Markets is better than AvaTrade for CFD/FX costs, because IG Markets has tighter S&P 500 CFD spreads, at 0.36 points (against AvaTrade's 0.5 points), has tighter gold CFD spreads, at 0.27 points (against AvaTrade's 0.34 points), and does not charge inactivity fees, unlike AvaTrade. Neither AvaTrade nor IG Markets charges account maintenance fees or deposit fees.
There is no like-for-like comparison for real stock costs, as AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 66 -6 not offered | IG Markets 72 Best 75 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | Free | US$6 |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | US$9 | US$9.475 |
| S&P 500 fees (CFD) i | 0.5 points | 0.36 points |
| Gold fees (CFD) i | 0.34 points | 0.27 points |
| Bitcoin fees (CFD) i | US$40 | |
| US stocks fees (CFD) i | Free | US$0.02 |
| Fees on stocks | ||
| Stock fee type i | Spread | Free, Commission, Percentage |
| US stocks fees (real) i | Free | |
| ETF fees (real) i | Free | |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | Free | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with AvaTrade and with IG Markets in Australia, and of how many instruments each one gives access to.AvaTrade and IG Markets are equally good for CFD/FX markets, since AvaTrade offers futures on commodities, crypto, forex and indices. On the other hand, IG Markets gives access to 18,000 tradable symbols (against AvaTrade's 1,250), and lets you own stocks and ETFs outright. Both AvaTrade and IG Markets offer CFDs on commodities, crypto, ETFs, forex, indices and stocks, and offer options on forex.
IG Markets and AvaTrade cannot be compared for real stock markets, because IG Markets is a broker offering both CFDs and stocks while AvaTrade is a CFD broker.
| Section score | AvaTrade 100 not offered | IG Markets 100 100 |
|---|---|---|
| Total tradable symbols i | 1,250 | 18,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, ETF, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | Commodities, Crypto, Forex, Indices | |
| Options i | Forex | Commodities, Forex, Indices, Stocks |
| Assets you can own i | Stocks, ETF |
Platform
What we compare A comparison of the trading platforms that AvaTrade and IG Markets make available to their clients in Australia.AvaTrade and IG Markets are equally good for platforms, since AvaTrade offers MetaTrader 5 and social trading. On the other hand, IG Markets offers TradingView and AutoChartist. Both AvaTrade and IG Markets offer a proprietary platform and MetaTrader 4.
AvaTrade does not offer real stocks, being a CFD broker, so IG Markets and AvaTrade cannot be compared for platforms.
| Section score | AvaTrade 92 not offered | IG Markets 91 -1 91 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of AvaTrade and IG Markets in Australia, and of what each one lets you do from your phone.AvaTrade is better than IG Markets for mobile trading, because AvaTrade offers the MetaTrader 5 app, a social trading app and a copy trading app, which IG Markets does not. Both AvaTrade and IG Markets offer a proprietary mobile app and the MetaTrader 4 app.
AvaTrade does not offer real stocks, being a CFD broker, so IG Markets and AvaTrade cannot be compared for mobile trading.
| Section score | AvaTrade 100 Best not offered | IG Markets 93 -7 93 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that AvaTrade and IG Markets allow on their platforms in Australia.IG Markets is better than AvaTrade for CFD/FX trading features, given that IG Markets offers guaranteed stop losses, tier-1 liquidity providers and API access, which AvaTrade does not. Both AvaTrade and IG Markets offer negative balance protection and trailing stops.
AvaTrade does not offer real stocks, being a CFD broker, so IG Markets and AvaTrade cannot be compared for real stock trading features.
| Section score | AvaTrade 77 -12 not offered | IG Markets 89 Best 85 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | Agency |
| Average execution time i | 14 ms | |
| Slippage occurrence i | 11% | |
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 20:1 | 20:1 |
| Major indices leverage i | 20:1 | 20:1 |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1 | 20:1 |
| Commodities leverage i | 10:1 | 10:1 |
| Equities leverage i | 5:1 | 5:1 |
| Cryptocurrency leverage i | 2:1 | 2:1 |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | US$1 | US$1 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at AvaTrade and at IG Markets in Australia, and of who each one is meant for.AvaTrade is better than IG Markets for CFD/FX account types, as AvaTrade offers an Islamic account, a copy trading account and an unlimited demo account, which IG Markets does not. Both AvaTrade and IG Markets offer a demo account and a professional traders account.
AvaTrade does not offer real stocks, being a CFD broker, so IG Markets and AvaTrade cannot be compared for real stock account types.
| Section score | AvaTrade 72 Best not offered | IG Markets 46 -26 68 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with AvaTrade and with IG Markets in Australia.IG Markets is better than AvaTrade for account opening, given that IG Markets does not require a minimum deposit (against AvaTrade's US$70), offers 14 account base currencies (against AvaTrade's 3), and supports e-wallets, which AvaTrade does not. Both AvaTrade and IG Markets offer credit cards and debit cards.
IG Markets and AvaTrade cannot be set side by side for account opening, as AvaTrade is a CFD broker and does not offer real stocks, unlike IG Markets.
| Section score | AvaTrade 62 -18 not offered | IG Markets 80 Best 80 |
|---|---|---|
| Minimum deposit i | US$70 | US$0 |
| Minimum withdrawal i | US$0 | US$150 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPal | |
| Local payment methods i | ||
| Account base currencies i | AUD, EUR, USD | AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD, ZAR |
| Deposit waiting time i | up to 7 business days | Instant |
| Withdrawal waiting time i | up to 10 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of AvaTrade and IG Markets in Australia, in how it can be reached and how fast it answers.IG Markets is better than AvaTrade for customer care, given that IG Markets offers a dedicated account manager, which AvaTrade does not. AvaTrade and IG Markets both offer phone support and live chat.
There is no like-for-like comparison for customer care, as AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 67 -4 not offered | IG Markets 71 Best 71 |
|---|---|---|
| Number of languages supported i | 22 | 12 |
| Website languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Website available in English i | ||
| Customer support languages i | Afrikaans, Arabic, German, English, Finnish, French, Hungarian, Indonesian, Italian, Korean, Mongolian, Malay, Dutch, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Turkish, Urdu, Chinese | English, Chinese |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that AvaTrade and IG Markets provide to their clients in Australia.IG Markets is better than AvaTrade for learning, since IG Markets offers professional reports and traders' sentiment, which AvaTrade does not. Both AvaTrade and IG Markets offer education for advanced traders and webinars.
There is no like-for-like comparison for learning, as AvaTrade is a CFD broker and does not offer real stocks.
| Section score | AvaTrade 83 -17 not offered | IG Markets 100 Best 100 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
AvaTrade vs IG Markets: which one should you choose?
AvaTrade
CFD/FX Choose AvaTrade if you want a CFD and forex broker with cTrader and fixed spread accounts.
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
IG Markets
CFD/FX Choose IG Markets if you want an online CFD broker with a wide choice of markets and TradingView.
Stocks Choose IG Markets if you want a share dealing service with commission-free US stocks and a wide choice of markets.
Open Account CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.Other popular comparisons
Below are other head-to-head comparisons that include AvaTrade or IG Markets, each scored with the same data and method as this page.
