
eToro
4.5/5

IG
4.6/5
eToro vs IG 2026
Updated 2026-04-02
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| Broker | Rating | Min. Deposit | Spreads From | Regulation | Platforms | |
|---|---|---|---|---|---|---|
| eToro Best for Social & Copy Trading | 4.5 | $50 | 1.0 pips | FCA, CySEC, ASIC | Proprietary Web & Mobile | Visit eToro |
| IG Best Overall Broker for Experienced Traders | 4.6 | $0 | 0.6 pips | FCA, ASIC, BaFin, CFTC, MAS | IG Platform, MT4, ProRealTime, L2 Dealer | Visit IG |
Which Is Better: eToro or IG?
[Choose eToro if you want social copy trading, commission-free real stock investing, and a beginner-friendly mobile experience with a $50 minimum deposit. Choose IG if you want institutional-grade tools, spread betting tax advantages in the UK, and access to over 17,000 markets through a broker with nearly 50 years of history.]
How Do eToro and IG Compare Side by Side?
| Feature | eToro | IG | Winner | |---------|-------|-----|--------| | Regulation | FCA, CySEC, ASIC | FCA, ASIC, BaFin, CFTC | IG | | Min. Deposit | $50 | $0 (card) / $250 (bank) | IG | | Spreads (EUR/USD) | 1.0 pips | 0.6 pips | IG | | Real Stocks | Yes (commission-free) | Yes (share dealing) | Tie | | Copy Trading | Yes (CopyTrader) | No | eToro | | Spread Betting | No | Yes (UK/Ireland) | IG | | Number of Markets | 5,000+ | 17,000+ | IG | | Platform Options | Proprietary | Proprietary, MT4, ProRealTime | IG | | Mobile App Rating | 4.2+ | 4.3+ | IG | | Overall Rating | 4.5 / 5 | 4.6 / 5 | IG |
Which Broker Is Safer: eToro or IG?
IG is one of the longest-standing brokers in the retail trading space, founded in 1974. It holds licenses from the FCA in the UK, ASIC in Australia, BaFin in Germany, and the CFTC in the United States. That CFTC registration is significant because the US imposes some of the strictest broker oversight in the world. IG is also publicly listed on the London Stock Exchange under the FTSE 250, adding an additional layer of financial transparency through mandatory quarterly and annual reporting.
eToro holds licenses from three tier-one regulators: the FCA, CySEC, and ASIC. While it does not match IG's breadth of regulatory coverage, eToro still provides strong protections for clients in Europe, the UK, and Australia. Both brokers segregate client funds, offer negative balance protection for retail traders, and participate in relevant investor compensation schemes. For detailed information about eToro's safety credentials, read our eToro review.
Which Has Lower Fees: eToro or IG?
IG operates on a competitive spread-based model with EUR/USD spreads starting from 0.6 pips on its standard account. There are no commissions on CFD trades unless you use the DMA (direct market access) account, where you pay a small commission in exchange for raw spreads. IG does not charge deposit or withdrawal fees for most payment methods, and its inactivity fee of $12 per month only activates after two years of no trading activity. Share dealing commissions start from $3 per trade for US stocks.
eToro charges no commissions on CFD trades, with EUR/USD spreads starting from 1.0 pips. The standout feature is commission-free real stock trading in supported regions. A $5 withdrawal fee applies to all withdrawals, and a currency conversion fee of 0.5% affects non-USD accounts. The inactivity fee is $10 per month after 12 months of dormancy. For pure CFD trading, IG offers tighter spreads and better overall cost efficiency. For casual stock investing, eToro's zero-commission model is hard to beat. Compare both in our best forex brokers rankings.
Which Platform Is Better: eToro or IG?
IG offers one of the most comprehensive platform lineups in the industry. Its proprietary web platform features advanced charting with over 100 technical indicators, customizable layouts, and integrated Reuters news. Beyond that, IG supports MetaTrader 4 for algorithmic traders and offers ProRealTime for advanced charting at no extra cost for active traders. The L2 Dealer platform provides direct market access for professional clients who want order book visibility and advanced execution.
eToro takes a different approach with its single proprietary platform built around social trading. The CopyTrader feature allows you to replicate the trades of successful investors automatically, and Smart Portfolios bundle assets by theme for a diversified approach. The charting tools are capable but less comprehensive than what IG provides. eToro does not support MetaTrader or any third-party platforms. If you value advanced analysis tools and platform choice, IG wins clearly. If social features and copy trading matter more, eToro is the better fit. See our IG review for a full platform breakdown.
Is IG Better for Spread Betting Than eToro?
IG is one of the leading spread betting providers for UK and Irish traders. Spread betting profits are tax-free in the UK under current HMRC rules, which makes it a significant advantage for active traders. IG offers spread betting across its full range of over 17,000 markets, including forex, indices, commodities, shares, and more. The ability to spread bet through the IG web platform, mobile app, or MT4 gives traders flexibility in how they access tax-free trading.
eToro does not offer spread betting. All leveraged trading on eToro is conducted through CFDs, which are subject to capital gains tax in the UK. For UK-based traders who want to maximize after-tax returns, this is a meaningful advantage for IG. If spread betting is not available in your jurisdiction or you do not qualify for the tax benefits, the distinction matters less. For traders outside the UK and Ireland, this factor effectively becomes irrelevant.
Which Offers More Markets: eToro or IG?
IG provides access to over 17,000 markets, making it one of the most comprehensive brokers available. This includes forex pairs, global share CFDs, indices, commodities, bonds, interest rates, sectors, and options. The sheer breadth means you can trade almost any major global market from a single account. IG also offers weekend trading on select markets and 24-hour index and forex trading during the week.
eToro covers over 5,000 instruments, including CFDs on forex, commodities, indices, and cryptocurrencies, along with real stocks and ETFs. While the total count is lower than IG, eToro's real stock offering adds genuine investing capability that goes beyond pure trading. The cryptocurrency selection on eToro is also more extensive than what IG offers. If you want the widest possible range of tradable markets, IG is the clear winner. If crypto diversity and commission-free stock investing matter to you, eToro holds its own. Explore more options in our best trading apps guide.
Which Has Better Education and Research: eToro or IG?
IG Academy is one of the most respected educational platforms in the industry. It offers structured courses ranging from beginner to advanced, covering technical analysis, fundamental analysis, risk management, and trading psychology. IG also provides daily market analysis from in-house analysts, economic calendars, and integrated news from Reuters and other sources. The depth of research tools, including client sentiment indicators and advanced screening, sets IG apart.
eToro's educational approach combines formal resources with social learning. The eToro Academy offers video courses and guides, but the real educational value comes from the social feed where experienced traders share analysis and market commentary in real time. The ability to follow and study successful traders before copying them creates a unique learning pathway that no other major broker replicates. For structured, professional-grade education, IG leads. For learning through community and observation, eToro excels.
Should You Choose eToro or IG?
The right choice depends on your trading style, experience level, and priorities.
Choose eToro if...
- You want to learn from and copy experienced traders using CopyTrader.
- Commission-free real stock investing is important to your strategy.
- You prefer a social, community-driven trading environment with a low $50 entry point.
Choose IG if...
- You want institutional-grade charting, MetaTrader 4, and ProRealTime integration.
- Spread betting tax advantages in the UK matter to your trading plan.
- Access to 17,000+ markets and tighter spreads starting from 0.6 pips align with your needs.
Overall, IG is the stronger choice for experienced traders who want maximum market access and advanced tools. eToro is the better pick for beginners and social traders who value copy trading and a simpler interface. Both are excellent brokers backed by top-tier regulation.
What Are Common Questions About eToro vs IG?
Can I copy trade on IG? No. IG does not offer a built-in copy trading feature. If social trading and the ability to replicate other traders' positions automatically are important to you, eToro's CopyTrader is the industry benchmark for this functionality.
Does IG offer commission-free stock trading? IG offers share dealing with commissions starting from $3 per trade for US stocks and from a higher rate for UK shares. It is not commission-free like eToro's real stock offering. However, IG's share dealing provides access to a wider range of international exchanges.
Which broker has tighter spreads? IG offers tighter spreads across most major instruments. EUR/USD spreads start from 0.6 pips on IG compared to 1.0 pips on eToro. For high-frequency or high-volume CFD trading, the cost difference adds up. Check our best forex brokers page for more spread comparisons.
Is spread betting available on eToro? No. eToro offers CFD trading only. Spread betting is exclusively available through brokers like IG for clients in the UK and Ireland. If tax-free trading through spread betting is a priority, IG is the better option.
Do eToro and IG support MetaTrader? IG supports MetaTrader 4. eToro does not support MetaTrader 4 or MetaTrader 5. If MetaTrader access is essential for your strategy, IG accommodates this while eToro does not.
Which is better for cryptocurrency trading? eToro offers a wider range of cryptocurrencies for trading, including both crypto CFDs and real crypto ownership in supported regions. IG offers crypto CFDs on a more limited selection. For dedicated crypto traders, eToro provides more options and flexibility.
Can I use both eToro and IG at the same time? Yes. Many traders maintain accounts with both brokers to leverage their respective strengths. You might use IG for spread betting and advanced charting while using eToro for copy trading and commission-free stock investing. There are no restrictions on holding accounts with multiple brokers.
What is the minimum deposit for each broker? eToro requires a $50 minimum deposit in most regions. IG has no minimum deposit for card payments, though bank transfers may require $250. IG's flexible deposit structure makes it accessible for traders of all sizes.
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.