IG
XGLOBAL Markets
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Overview
IG was founded in 1974 and is headquartered in UK, while XGLOBAL Markets was established in 2008 and is based in Cyprus. IG holds licences including Financial Conduct Authority (FCA), while XGLOBAL Markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. IG serves 178,500+ clients worldwide; XGLOBAL Markets has 10,000+. The minimum deposit is $200 at IG and $500 at XGLOBAL Markets.
| Feature | IG | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $200 | $500 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1974 | 2008 |
| Country | UK | Cyprus |
| Clients | 178,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between IG and XGLOBAL Markets, directly affecting your bottom line as a trader. IG has a lower barrier to entry with a minimum deposit of $200 (vs $500 at XGLOBAL Markets). XGLOBAL Markets charges withdrawal fees while IG does not, giving IG an edge for frequent withdrawers. XGLOBAL Markets charges deposit fees; IG does not. Overall, IG scores higher on fees in our assessment.
| Feature | IG | XGLOBAL Markets |
|---|---|---|
| Min. Deposit | $200 | $500 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
IG offers MT4, MT5, cTrader, while XGLOBAL Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. IG supports social and copy trading features, which XGLOBAL Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | IG | XGLOBAL Markets |
|---|---|---|
| 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 | Desktop,iOS,Android |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how IG and XGLOBAL Markets compare. IG runs regular live webinars; XGLOBAL Markets does not. Both provide video tutorials. IG publishes daily market commentary; XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets 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 | XGLOBAL Markets |
|---|---|---|
| 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 XGLOBAL Markets offer live chat support. Both provide phone support. Email support is available at both brokers. IG supports 5 languages and XGLOBAL Markets supports 2, giving IG broader global reach. Both brokers are comparable on support quality.
| Feature | IG | XGLOBAL Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, German, Spanish, and Portuguese | English, and Chinese |