IG Trading vs. TradeStation Comparison

This comparison guide helps customers that struggle to select between IG Trading and TradeStation to locate the most effective online broker for their trading and financial investment requirements. It evaluates the highlights of both brokers side-by-side to aid individuals compare their service and make an informed decision.

To help users choose the appropriate broker in between IG Trading and TradeStation to discover the best-suited platform, below is a checklist of broker’s advantages and disadvantages, followed by a comparison of their primary trading features, including trading platforms & tools, fees, mobile trading, down payment & withdrawal, properties, law, and client assistance.

IG Trading vs. TradeStation: Summary

IG Trading logo

IG is a globally operating online broker regulated by eight tier-one regulators (FCA, ASIC, JFSA, MAS, FINMA, FMA, CFTC and MiFID). They offer users access to 19,500 tradable symbols including 20,000 CFDs, forex, forex options, stocks and cryptocurrencies. IG users can choose between various trading platforms including a proprietary Web-based platform, L2 Dealer DMA, MetaTrader 4 and ProRealTime charting feature.

IG trading fees are competitive for active traders. The size of the brokers allows fast and reliable order execution also on larger orders. IG also offered spread rebates on higher volume CFD trades.

IG additionally offers extensive educational materials (daily video market updates and technical and fundamental analysis case studies), a wide range of trading and research tools for beginners and advanced and intuitive trading apps.

IG’s customer service is available through live chat, email, phone, and WhatsApp in English, and several other languages.

Tradestation Global logo

Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.

Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).

Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.

TradeStation’s customer support is available by phone, email and live chat in English and Arabic.

Pros

  • Regulated by 8 tier-one regulators
  • Low average spreads from 0.82 pips EUR/USD
  • Wide range of trading platforms and third party plugins
  • Extensive research and education resources
  • Wide range of platforms

Cons

  • Slightly higher fees on CFDs
  • Limited banking options

Pros

  • Low minimum deposit ($0)
  • 0% commission stock and ETF fees
  • Extensive charting tools and features
  • Fast and reliable order execution
  • Trading automatisation capabilities
  • Vast stock scanning tools

Cons

  • Research and education section could be better

Key features

  • Access to 20,000 tradable symbols
  • Compatible with MT4, L2 Dealer and ProRealTime
  • Unlimited demo paper trading account
  • Advanced research and analysis tools (L2 Dealer and ProRealTime)
  • Availability of EA’s and other automated trading software
  • Free trading signals and alerts

Key features

  • $0 commission/stock trades(up to 15,000 shares)
  • Vast market coverage(5,000 international stocks and ETFs)
  • Fast and reliable order execution
  • Great Fundamental Research and Analysis Tools
  • Extensive Charting Tools and Features
  • Access To Back-Testing and Automated Trading

IG Trading vs. TradeStation Comparison

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IG Trading logo

IG Trading

Open account Read review

75% of retail CFD accounts lose money

Tradestation Global logo

TradeStation

BROKER COMPARISON

IG Trading logo
Tradestation Global logo

Overall rating

4,2/5

4,9/5

Overall rating

4,2/5

4,9/5

Trading Platform & Tools

5.0

4.9

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:4
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.7

4.8

See details
Withdrawal Fee 0 $35
Deposit Fee 0 0
Inactivity Fee
Cost Per Trade 0 0
Cost Per Month $18 $4
Forex (EUR/USD) 0.6 pips 0.6 pips
Stocks & ETF 0.3 pips $0.007 per share
CFD (Gold) 0.3 pips 0
Crypto 0 0
Options 0 $5 + £0.60 per contract
Conversion Fees
Misc. Fees 0
Overnight Fees

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.3

4.9

See details
Minimum deposit (in UAE) $5500 $0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account)
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.5

5.0

See details
Shares 1000 5 markets
ETF & Funds 1000 2300
Crypto 0 11
Commodities 0 0
Indices 0 0
Options 0 10 Markets
Futures 0 11 Markets
Bonds 0 630
Forex 80 0
CFD Indices & Funds 80 0
CFD Stocks 12000 0
CFD Commodities 6 0
CFD Crypto 10 0
CFD Bonds 12 0
Binary Options 100 0
SWAPS 0 0
Saving Plans 0 1

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

4.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

5.0

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

IG Trading vs. TradeStation Comparison Conclusion

The results of our comparison of IG Trading vs. TradeStation are wrapped up in the table below.

Broker:Best For:
IG TradingGreat overall multi-asset broker
TradeStationStock trading; Active traders

Selecting the right option in between IG Trading and TradeStation can be difficult. Both online brokers have similarities yet differ concerning trading instruments, platforms & apps, law, deposit & withdrawals, and study and education and learning. Selecting the very best broker relies on individuals’ trading & financial investment goals, individual preferences, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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