afx group
IG
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Overview
afx group was founded in 2013 and is headquartered in Geneva, while IG was established in 1974 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. afx group serves 14,000,000+ clients worldwide; IG has 178,500+. The minimum deposit is $250 at afx group and $200 at IG.
| Feature | afx group | IG |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2013 | 1974 |
| Country | Geneva | UK |
| Clients | 14,000,000+ | 178,500+ |
Fees
Fees are a critical factor when choosing between afx group and IG, directly affecting your bottom line as a trader. IG has a lower barrier to entry with a minimum deposit of $200 (vs $250 at afx group). Neither broker charges withdrawal fees. Overall, IG scores higher on fees in our assessment.
| Feature | afx group | IG |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
afx group offers MT4, MT5, cTrader, while IG supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IG supports social and copy trading features, which afx group does not offer. The two brokers are closely matched on platform offering.
| Feature | afx group | IG |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how afx group and IG compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | afx group | IG |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. afx group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while IG supports 3 (bank transfer, credit/debit card, PayPal). afx group uniquely supports Skrill and Neteller among the two brokers. afx group scores higher on deposit and withdrawal flexibility.
| Feature | afx group | IG |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both afx group and IG offer live chat support. Both provide phone support. Email support is available at both brokers. afx group supports 8 languages and IG supports 5, giving afx group broader global reach. Both brokers are comparable on support quality.
| Feature | afx group | IG |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, French, German, Spanish, and Portuguese |