IG Group vs Interactive Investor Review
By Steve Miley / June 19th, 2019
Is Interactive Investor better than IG Group? After scoring UK share dealing accounts in six areas for our 2019 review, IG Group is better than Interactive Investor. Founded in 1974 and respected as one of the most trusted brokers in the world, IG has been offering share dealing since 2014, providing traders low costs, quality trading tools, and access to over 9,000 shares across the globe.
Platforms & Tools
First, we will compare the fees charged for dealing in the UK. There are two primary fees: the cost to place each trade and the monthly, quarterly, or annual management fee charged which varies depending on the type and size of your portfolio. We researched both to provide a single star rating for cost. IG Group received a rating of 4.50 stars over Interactive Investor's 4.00 stars.
Cost aside, we can now compare popular features and tools investors prefer. Access to the investments you want is important, and Interactive Investor supports ISA, ISA - Junior, SIPP and Spread Betting while IG Group supports ISA, SIPP and Spread Betting. Next, some traders desire robust charting, so the number of drawing tools and total technical indicators made available, as well as stock alerts, are considered. IG Group offers its clients access to 19 charting tools while Interactive Investor has 0 charting tools, a difference of 19. Interactive Investor trails IG Group by 15 total different indicators (for example, moving averages), with IG Group offering 26 and Interactive Investor offering 11. IG Group alongside Interactive Investor offer basic stock alerts. Finally, for researching funds while share dealing, having access to mutual fund research reports is also helpful. Interactive Investor makes fund research reports available to clients, while IG Group does not.
Overall, between IG Group and Interactive Investor, IG Group is the winner.
IG Group Review
Interactive Investor Review
All pricing data was obtained from a published web site as of 01/08/18 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.