Broker comparison

IG vs eToro

Both have FCA-authorised UK companies and listed parents. IG offers spread betting and third-party platforms; eToro offers copy trading on its own platform.

Terms checked on 3 Nov 2026 against each broker's own website and legal documents
IG
eToro
Founded
1974, London
2007
Minimum deposit
No minimum by bank transfer at IG International; $50 by card
$10 to $10,000 depending on region
Raw pricing
Forex Direct (DMA) with variable commission; check IG's charges page
Not offered for forex
Spread-only pricing
Spread bets and CFDs from 0.6 pips, no commission
EUR/USD 0.005% per trade (best case), no commission
Platforms
IG platform and app, MT4, ProRealTime, L2 Dealer (UK)
eToro web platform and app (with CopyTrader)
Regulation
FCA (IG Markets Ltd FRN 195355, IG Index Ltd FRN 114059), ASIC (AFSL 515106), DFSA (F001780)
FCA (FRN 583263), CySEC (109/10), ASIC (AFSL 491139), FSA Seychelles (SD076)
Listing
London-listed IG Group
Nasdaq (ETOR)

Which to choose

Choose IG for spread betting, MT4, ProRealTime and a long track record. Choose eToro if copy trading is the main reason you are opening an account.

Both publish spread-only forex pricing, but in different formats: IG from 0.6 pips, eToro as a percentage best case. Compare live quotes before you trade.

Read the full IG review and eToro review.

How we chose. These shortlists use published terms only: costs, minimum deposit, platforms and the regulator of the entity you would join. We have not ranked brokers on scores, and the order is not a recommendation for your circumstances. Read our methodology and affiliate disclosure.

CFDs and leveraged forex are complex and carry a high risk of losing money rapidly. Most retail accounts lose money. Only trade with money you can afford to lose.

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Written by the Forex Awards research desk

Guides are checked against current broker documents and regulator rules. Spotted something out of date? Tell us and we will re-check it.

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