IG
Depends
Confidence: Medium
Buy if you're an active trader wanting a large, regulated CFD/FX broker with built-in education.
New check
Comparison
IG and eToro both land on Depends.
Buy if you're an active trader wanting a large, regulated CFD/FX broker with built-in education.
A fit if you're a beginner or casual investor wanting stocks, ETFs and crypto with copy trading from $50.
| Compare | ||
|---|---|---|
| Verdict | Depends | Depends |
| Best for | Active CFD and FX traders | Beginner retail investors |
| Who it's not for | Long-term, buy-and-hold index investors | Day traders . users say it's bad for active trading |
| Privacy | Regulated CFD/FX broker that publishes client cyber-security guidance.14 | SEC/FINRA-regulated with a HackerOne bug bounty; a 2023 data breach and a 2026 alleged database sale are reported. |
| Support quality | Forum threads question help when needed | Reddit users report horrific customer service |
| Public sentiment | Expert reviews are positive, but a 10,121-review Trustpilot presence and forum threads point to recurring customer-service friction.¹ | Users like eToro for simple long-term investing and copy trading, but consistently criticize fees and customer service.16 |
| Biggest gotcha | CFDs are leveraged; losses can exceed deposits. This is trading risk, not software.⁷ | Inactivity fee: $10/month after one year of inactivity |