IG
Oinvest
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Overview
IG was founded in 1974 and is headquartered in UK, while Oinvest was established in 2019 and is based in South Africa. IG holds licences including Financial Conduct Authority (FCA), while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. IG serves 178,500+ clients worldwide; Oinvest has 10,000+. Both brokers share the same minimum deposit of $200.
| Feature | IG | Oinvest |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Southern African Financial Sector Conduct Authority (FSCA) |
| Founded | 1974 | 2019 |
| Country | UK | South Africa |
| Clients | 178,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IG and Oinvest, directly affecting your bottom line as a trader. Both require a minimum deposit of $200. Neither broker charges withdrawal fees. Oinvest applies inactivity fees on dormant accounts; IG does not. Overall, IG scores higher on fees in our assessment.
| Feature | IG | Oinvest |
|---|---|---|
| Min. Deposit | $200 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
IG offers MT4, MT5, cTrader, while Oinvest supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. IG edges ahead on platform breadth and functionality in our scoring.
| Feature | IG | Oinvest |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps | MT4, iOS, MacBook, iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IG and Oinvest compare. IG runs regular live webinars; Oinvest does not. Both provide video tutorials. IG publishes daily market commentary; Oinvest does not. Both integrate third-party research tools. IG maintains an archive of past webinars for on-demand viewing. IG scores higher overall in education and research.
| Feature | IG | Oinvest |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. IG accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while Oinvest supports 2 (bank transfer, credit/debit card). IG uniquely supports PayPal among the two brokers. IG scores higher on deposit and withdrawal flexibility.
| Feature | IG | Oinvest |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| 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 IG and Oinvest offer live chat support. Both provide phone support. Email support is available at both brokers. IG supports 5 languages and Oinvest supports 2, giving IG broader global reach. Both brokers are comparable on support quality.
| Feature | IG | Oinvest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, German, Spanish, and Portuguese | English, and Chinese |