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IG vs eToro 2020
Your capital is at risk.
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Low-cost US and UK shares. Foreign exchange fee of just 0.5% Visit Site
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Overall Rating
| Feature | IG | eToro |
| Overall | ||
| IG Review | eToro Review |
Trading Fees
| Feature | IG | eToro |
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Share Trading: 0-9 Deals/ Month |
£3 to £8 | £0 (Other Fees Apply) |
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Share Trading: 10-19 Deals/ Month |
£3.00 | £0 (Other Fees Apply) |
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Share Trading: 20+ Deals/ Month |
£3.00 | £0 (Other Fees Apply) |
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Annual Custody Fee: £0 - £250,000 |
£96 (can reduce by trading) | £0 (Other Fees Apply) |
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Bonds - Government (Gilts) - Fee |
N/A | N/A |
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ETFs - Fee |
£8.00 | £0 (Other Fees Apply) |
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Investment Trusts - Fee |
£8.00 | N/A |
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Telephone Dealing Fee |
£40.00 | N/A |
| Commissions & Fees | ||
| Winner | check_circle |
Platforms & Tools
| Feature | IG | eToro |
|
Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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iPhone App |
Yes | Yes |
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Android App |
Yes | Yes |
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Stock Alerts |
Yes | Yes |
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Charting - Indicators / Studies |
30 | 66 |
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Charting - Drawing Tools |
19 | 13 |
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Charting - Notes |
Yes | No |
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Charting - Display Corporate Events |
Yes | No |
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Charting - Stock Overlays |
Yes | Yes |
| Platform & Tools | ||
| Winner | check_circle |
Research
| Feature | IG | eToro |
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Research - Shares |
Yes | Yes |
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Research - CFDs |
Yes | No |
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Research - Funds |
Yes | No |
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Fund Research - Research Reports |
No | No |
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Research - ETFs |
Yes | No |
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Research - Bonds |
No | No |
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Portfolio Allocation Breakdown |
No | Yes |
| Research | ||
| Winner | check_circle |
Investments
| Feature | IG | eToro |
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Share Trading |
Yes | Yes |
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CFD Trading |
Yes | Yes |
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Funds |
Yes | No |
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ETFs |
Yes | Yes |
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Bonds - Corporate |
No | No |
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Bonds - Government (Gilts) |
No | No |
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Investment Trusts |
Yes | No |
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Spread Betting |
Yes | Yes |
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Advisor Services |
No | No |
| Offering of Investments | ||
| Winner | check_circle |
Education
| Feature | IG | eToro |
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Has Education - Share Trading |
Yes | Yes |
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Has Education - Funds |
No | No |
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Has Education - Retirement |
No | No |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
Yes | Yes |
| Education |
Overall
| Feature | IG | eToro |
| IG Review | eToro Review | |
| Overall | ||
| Winner | check_circle |
For our 2020 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare eToro vs IG.
Which broker is less expensive?
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, IG offers better pricing than eToro for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
1 Trade Per Month - eToro is cheaper. eToro would only cost £75 each year while IG would cost £96.
3 Trades Per Month - eToro is less expensive under this scenario. eToro would cost £75 per year while IG would cost £108.
10 Trades Per Month - eToro is the better choice. Annual fees with eToro would total £75, while annual fees with IG would be £360.
20 Trades Per Month - eToro costs less in this scenario. Total annual costs with eToro would equal £75, while IG would equal £720.
Which broker offers a wider range of investment options?
IG offers a more diverse selection of investment options than eToro . IG offers investors access to ETFs, Funds, ISA, SIPP and Share Trading. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Which platform offers better research?
Our testing concluded that IG is better for research than eToro . IG offers more research options, including research reports, articles, and analyst ratings.
Which trading platform is better?
To compare the trading platforms of both eToro and IG, we tested each broker's trading tools and share dealing app. All features compared, IG offers a better share dealing platform.
Overall, between eToro and IG, IG is the winner.
eToro ReviewIG Review
Related Comparisons
All pricing data was obtained from a published web site as of 01/15/2020 and is believed to be accurate, but is not guaranteed. The UK.StockBrokers.com staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
