Daw Trading
IG
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Overview
Daw Trading was founded in 1988 and is headquartered in USA, while IG was established in 1974 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Daw Trading serves 10,000+ clients worldwide; IG has 178,500+. The minimum deposit is $100 at Daw Trading and $200 at IG.
| Feature | Daw Trading | IG |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 1988 | 1974 |
| Country | USA | UK |
| Clients | 10,000+ | 178,500+ |
Fees
Fees are a critical factor when choosing between Daw Trading and IG, directly affecting your bottom line as a trader. Daw Trading has a lower barrier to entry with a minimum deposit of $100 (vs $200 at IG). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Daw Trading | IG |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Daw Trading offers 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 Daw Trading does not offer. IG edges ahead on platform breadth and functionality in our scoring.
| Feature | Daw Trading | IG |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | 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 Daw Trading 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 | Daw Trading | 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. Daw Trading accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while IG supports 3 (bank transfer, credit/debit card, PayPal). IG uniquely supports PayPal among the two brokers. IG scores higher on deposit and withdrawal flexibility.
| Feature | Daw Trading | IG |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Daw Trading and IG offer live chat support. Both provide phone support. Email support is available at both brokers. Daw Trading supports 2 languages and IG supports 5, giving IG broader global reach. Both brokers are comparable on support quality.
| Feature | Daw Trading | IG |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, French, German, Spanish, and Portuguese |