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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

IG Key Features

Founded in 1974 by Stuart Wheeler as IG Index, IG are a publicly listed broker head quartered on Cannon Street in London. As of November 2017 IG was valued at over £2.4bn with an active client base (as of May 2017) of over 195,000. IG has offices in Dusseldorf, Geneva, Madrid, Milan, Paris, Stockholm, Shanghai, Melbourne, Singapore, Tokyo, Chicago, Johannesburg and Dubai.
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IG ReviewsIG Client Reviews
IG Expert Review
Exclusive InterviewNo - see other broker CEO interviews
PlatformsIG Trading PlatformMT4, L2 Dealer & APIs
IG UpdatesLatest IG News, Views, Reviews & Guides
Min Deposit£250
Account TypesSpread betting, CFDs, ForexStocks, ISA & SIPP, Prime Brokerage
Spread TypesFixed or variable
Funding MethodsCards, PayPal, Bank transfer
Customer SupportPhone, email, livechat
Execution TypeSTP, Hedged, DMA, Internally matched
FTSE 100 Pricing1 point
Germany 30 Pricing1 point
Wall Street Pricing1.6 points
Bitcoin Pricing30 points
Ether Pricing5 points
EURGBP Pricing0.9 points
EURUSD Pricing0.6 points
GBPUSD Pricing0.9 points
Gold Pricing0.3 points
Oil Pricing3 points
Stock Pricing0.10%
FCA RegulatedYes - See status
Year Established1974
Active Clients195,000
Markets available15,000+
Retail AccountsYes
Professional AccountsYes
Listed PLCYes (LSE) See IG share price
Country FoundedUK
Inactivity Fee£12 per month after 24 months
Overnight Funding Rates2.5% +/- Libor
Educational MaterialYes
Office Locations14
IG AlternativesIG Versus ETX Capital
IG Versus Core Spreads
IG Versus Plus 500
IG Versus Spreadex
IG Versus Saxo Capital Markets
IG Versus City Index
IG Versus Forex.com
IG Versus Pepperstone
IG Versus XTB
IG Versus eToro
IG Versus ayondo
IG Versus CMC Markets

Spreadex Key Features

Spreadex are a nice old school spread betting broker located just outside London.  
They tend to cater for more professional traders who value customer service above pricing.

As well as financial spread betting Spreadex also offer sport spread betting and fixed odds betting.

Visit Spreadex

Spreadex ReviewsSpreadex Client Reviews
Spreadex Expert Review
Spreadex CEO InterviewSpreadex MD - Jonathan Hufford
PlatformsSpreadex
Min Deposit£20
Account TypesSpread betting, CFDs, Forex
Spread TypesFixed and variable
Funding MethodsDebit cards, credit cards, bank transfer, cheque
Customer SupportPhone, email and livechat
Execution TypeOTC
UK 100 Pricing1 point
Germany 30 Pricing1 point
Wall Street Pricing1.7 point
Bitcoin Pricingna
Ether Pricingna
EURGBP Pricing0.9 points
EURUSD Pricing0.6 points
GBPUSD Pricing0.9 points
Gold Pricing0.4 points
Oil Pricing6 points
Stock Pricing0.1%
FCA RegulatedYes - See status
Year Established1999
Active Clientsna
Markets available15,000+
Retail AccountsYes
Professional AccountsYes
Listed PLCNo
Country FoundedUK
Inactivity FeeNone
Overnight Funding Rates3% +/- Libor
Educational MaterialYes
Office Locations1
Spreadex Alternative Brokers Spreadex Versus IG
Spreadex Versus ETX Capital
Spreadex Versus Core Spreads
Spreadex Versus Plus 500
Spreadex Versus Saxo Capital Markets
Spreadex Versus City Index
Spreadex Versus Forex.com
Spreadex Versus Pepperstone
Spreadex Versus XTB
Spreadex Versus eToro
Spreadex Versus ayondo
Spreadex Versus CMC Markets

IG Versus Spreadex – Two very different brokers

There is a big difference between these two spread betting brokers.  IG Versus Spreadex is a simple comparison because they cater for very different clients.

When were they founded?

IG was founded in 1974 by Stuart Wheeler as a gold bookie.  Spreadex a little more recently in 1999.  Both brokers are well established with large loyal client basis

How tight are their spreads?

Neither IG nor Spreadex could be accused of being competitive on price.  Bother brokers can be beaten on spreads by discount brokers like ETX or Core Spreads.

Trading platform choice

IG has by far the better online trading platform.  In fact it's pretty much the best in the industry.

Spreadex's online platform is fine and functional.  But where they really shine is personal service for clients that like to deal over the phone.  As they are a smaller broker they offer a more personal service.

How broad is the market range?

Again, IG wins hands down.  They offer over 10,000 markets compared to Spreadex.  However, with Spreadex you can also bet on sports so if you fancy betting on the Footie and FTSE Spreadex offer a fuller service.