Mitto Markets vs IG Index
Mitto Markets or IG Index – which is better for UK traders 2024? Compare Mitto Markets and IG Index in this detailed breakdown of their platforms, features and fees.
Mitto Markets | IG Index |
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Mitto Markets is ranked #97 among CFD brokers. | IG Index is ranked #19 among CFD brokers. |
Mitto Markets offers multi-asset trading across a range of competitive instruments. | Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders. |
71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. | |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
Yes | Yes |
Instruments | |
Forex, CFDs, futures, options, mutual funds | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $0 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA | FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA |
Mobile Apps | |
Yes | iOS & Android |
Trading App | |
IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user-friendly layout, access to full charting and a stable and reliable application. It also offers guaranteed stops – an important risk management tool not available on many apps we’ve tested. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | Yes |
Margin Rate | |
2.5% | |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | No |
Autochartist | |
No | Yes |
eSignal | |
No | No |
Trading Central | |
No | Yes |
STP Account | |
No | No |
ECN Account | |
Yes | No |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | Yes |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | Yes |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$12 | |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
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CFD | |
Access financial markets with flexible CFDs. | IG offers a huge selection of 17,000+ CFDs, providing more trading opportunities than most CFD brokers. Traders can go long or short on popular markets like stocks, currencies, commodities and cryptos, while custom price alerts and the IG Academy continue to enhance the trading experience. |
Leverage | |
1:30 | 1:30 (Retail), 1:222 (Pro) |
FTSE Spread | |
Floating | 1.0 |
GBPUSD Spread< | |
Floating | 0.9 |
Oil Spread | |
Floating | 2.8 |
Stocks Spread | |
Floating | 0.02 |
Forex | |
Trade on the forex market with 1:30 leverage. | IG offers an above-average suite of 80+ currency pairs on its proprietary web platform, mobile app or MetaTrader 4, with more advanced charts and forex analysis tools available on the ProRealTime software. Forex spreads are competitive based on tests, starting from 0.1 pips on majors like the EUR/USD. |
Assets | |
75+ | 80+ |
GBPUSD Spread | |
Floating | 0.9 |
EURUSD Spread | |
Floating | 0.8 |
EURGBP Spread | |
Floating | 0.9 |
Currency Indices | |
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Mitto Markets | IG Index |
71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. | |
More Comparisons | |
Mitto Markets vs |
IG Index vs |