Are you confused about whether to choose IG vs XTB as a broker for your investing needs?
In this side-by-side comparison, we analyse IG vs XTB to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
IG vs XTB: In a Nutshell
Forex and CFDs trading
IG is a leading Forex and CFD broker. It offers multi-asset class exposure (and Spread Betting for UK clients). IG Group is listed on the London Stock Exchange.
Beginner investors will probably enjoy IG’s intuitive mobile and desktop platforms, while advanced traders will be satisfied with the selection of indicators and charting tools.
The customer service and fees could be improved. Also, the product offering could expand to stocks and ETFs, not only CFDs.
Commission-free ETFs and CFDs trading
XTB is a well-known online broker listed on the Warsaw Stock Exchange. It has two trading platforms (xStation 5 and xStation Mobile), a diverse range of tradeable instruments, and exceptional customer service.
xStation Mobile is a premier application for charts and technical analysis, with the ability to apply numerous indicators like moving averages and volume. Navigation is simple, with an intuitive order placing for any asset class.
On the negative side, XTB has a limited product portfolio and charges a €10 monthly inactivity fee (after 1+ year with no activity plus no deposit in the last 90 days).
Pros and Cons
IG
Pros
- Advanced trading tools
- No minimum deposit
- List on the FTSE 250 index
- No withdrawal fee
Cons
- Limited product portfolio (mostly CFDs)
- High stock CFD fees
- Inactivity fee after 2 years of no activity
- Complex fee structure
XTB
Pros
- Free stocks trading (only applicable to some EU countries)
- Customizable trading platform (charts and workspace)
- Low Forex Spreads
- Demo account
- No minimum account deposit
- Valuable education materials
- Top-tier Regulators
Cons
- Complex trading platform for a beginner
- High Stock CFD fees
- Limited product portfolio
- Withdrawal fees for transfers below $100
- Inactivity fee (€10/monthly after 1+ year with no activity plus no deposit in the last 90 days)
IG vs XTB: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
