IG
Traders Trust
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Overview
IG was founded in 1974 and is headquartered in UK, while Traders Trust was established in 1998 and is based in Cyprus. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. IG serves 178,500+ clients worldwide; Traders Trust has 10,000+. The minimum deposit is $200 at IG and $100 at Traders Trust.
| Feature | IG | Traders Trust |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA) |
| Founded | 1974 | 1998 |
| Country | UK | Cyprus |
| Clients | 178,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IG and Traders Trust, directly affecting your bottom line as a trader. Traders Trust has a lower barrier to entry with a minimum deposit of $100 (vs $200 at IG). Neither broker charges withdrawal fees. Traders Trust applies inactivity fees on dormant accounts; IG does not. Overall, IG scores higher on fees in our assessment.
| Feature | IG | Traders Trust |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
IG offers MT4, MT5, cTrader, while Traders Trust supports MT4, 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. The two brokers are closely matched on platform offering.
| Feature | IG | Traders Trust |
|---|---|---|
| MT4 | Yes | Yes |
| 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, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IG and Traders Trust 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. Traders Trust scores higher overall in education and research.
| Feature | IG | Traders Trust |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Traders Trust 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 | Traders Trust |
|---|---|---|
| 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 Traders Trust offer live chat support. Both provide phone support. Email support is available at both brokers. IG supports 5 languages and Traders Trust supports 2, giving IG broader global reach. Both brokers are comparable on support quality.
| Feature | IG | Traders Trust |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, German, Spanish, and Portuguese | English, and Chinese |