eToro vs IG
Can't decide between eToro and IG? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 10, 2026
Executive Summary
eToro and IG are both well-established forex brokers, but they serve different types of traders. eToro scores 92/100 in our TrustMetrics™ system, while IG leads with 99/100.
On pricing, IG offers tighter EUR/USD spreads (0.7 pips vs 1 pips). eToro supports eToro Custom Platform while IG offers IG Platform, MT4, ProRealTime, L2 Dealer, giving IG more platform options.
For regulation, eToro holds licenses from FCA, ASIC, CySEC, FinCEN while IG is regulated by FCA, ASIC, CFTC, MAS. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
IG scores higher in our TrustMetrics system (99/100) compared to eToro (92/100), making it the safer choice.
Lowest Spreads
IG offers better pricing with an average EUR/USD spread of 0.7 pips, beating the 1 pip average of its competitor.
Best for Beginners
With a lower minimum deposit requirement of $100, eToro is the more accessible option for new traders.
Detailed Comparison
| Feature | eToro | IG |
|---|---|---|
| Trust Score | 92/100 | 99/100 |
| Spreads From | 1.0 pips | 0.6 pips |
| Avg EUR/USD Spread | 1 pips | 0.7 pips |
| Commission | $0 | $0 |
| Execution Speed | 50ms | 22ms |
| Max Leverage | 1:30 | 1:200 |
| Minimum Deposit | $100 | $250 |
| Instruments | 3,000+ | 17,000+ |
| Account Types | Retail, Professional | CFD, Spread Betting, DMA |
| Platforms | eToro Custom Platform | IG Platform, MT4, ProRealTime, L2 Dealer |
| Top Regulators | FCA, ASIC, CySEC, FinCEN | FCA, ASIC, CFTC, MAS |
| Withdrawal Speed | 2-5 business days | 1-3 business days |
| Inactivity Fee | $10 per month (after 12 months) | $18 per month (after 24 months) |
| Customer Support | 24/5 Live Chat, Ticketing System | 24/5 Live Chat, Email, Phone |
Which Broker Should You Choose?
Choose eToro if...
- ✓You are a beginner and value education and simplicity
- ✓Maximum regulatory protection is your top priority
- ✓You value copy trading and social trading
Choose IG if...
- ✓You need access to a massive range of instruments
- ✓You are a beginner and value education and simplicity
- ✓Maximum regulatory protection is your top priority
eToro Pros & Cons
Pros
- ✓ Incredible CopyTrader feature allows you to auto-copy top investors
- ✓ Commission-free real stock and ETF investing
- ✓ Extremely intuitive, user-friendly mobile app
- ✓ Huge community for social sentiment and discussion
Cons
- × High forex spreads (EUR/USD starts at 1.0 pips)
- × $5 flat withdrawal fee
- × No MetaTrader or advanced charting software
- × Account currency is exclusively in USD (conversion fees apply)
IG Pros & Cons
Pros
- ✓ Unmatched regulatory trust with 6+ Tier-1 licenses
- ✓ Massive selection of 17,000+ tradable instruments
- ✓ World-class educational resources (IG Academy)
- ✓ Premium proprietary trading platform with guaranteed stops
Cons
- × No MT5 platform available
- × Spreads can be wider than raw ECN competitors
- × High minimum deposit for bank transfers
The Bottom Line: eToro vs IG
- ✓ Copy Trading
- ✓ Social Trading
- ✓ Crypto Investing
- ✓ Passive Income
- ✓ Lower minimum deposit ($100)
- ✓ Instrument Variety
- ✓ Regulatory Trust
- ✓ Research
- ✓ UK Traders
- ✓ Tighter EUR/USD spreads (0.7 pips)
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
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