Freetrade vs IG - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

Freetrade vs IG

Compare Freetrade and IG side by side: fees, regulation, platforms.

Freetrade

Freetrade

Low-cost long-term investors

Freetrade is an investing platform with £0 dealing commissions, free ISA and SIPP access, stocks, ETFs, funds…

VS
IG

IG

Active CFD and forex traders

IG is a CFD-focused broker with forex, shares, ETFs, crypto, options and futures, plus web, Android and third…

Head-to-head comparison

Freetrade vs IG
Feature Freetrade IG
Minimum deposit - -
Stock trading fee £0 dealing commission per trade US share CFDs: 2 cents per share, $15 minimum online; UK share CFDs: 0.10%, £10 minimum online; Hong Kong share CFDs: 0.18%, HKD50 minimum online; Euro share CFDs: 0.10%, €10 minimum online
Regulators FCA FCA, ASIC, BaFin, MAS, FSCA, DFSA, JFSA, CFTC, NFA, BMA
Best for Low-cost long-term investors Active CFD and forex traders
Markets & account
Stocks
ETFs
Forex
-
CFDs
-
Crypto
Bonds
Options
-
Futures
-
Funds
-
Fractional Shares
-
Ready Made Portfolios
-
Isa
-
Sipp
-
Margin
-
Business Account
-
Demo Account
-

Pros & cons

Freetrade

Freetrade

Pros

  • £0 dealing commission per trade
  • Basic plan has no monthly subscription fee
  • ISA and SIPP available on the £0 Basic plan
  • FX fees fall from 0.99% to 0.39% on Plus
  • US fractional shares support smaller orders
  • Cash earns 1% to 3.5% AER on plan-based limits
  • Recurring, limit and stop-loss orders are available
  • Eligible cash protection is listed up to £120,000

Cons

  • Basic FX fee is 0.99% on non-GBP trades
  • Standard costs £5.99 per month when billed monthly
  • Plus costs £11.99 per month when billed monthly
  • Fractional share elements cannot be transferred
  • Direct Debit cash is not usually withdrawable for 3 working days
  • Crypto ETNs are not protected by FSCS
  • Treasuries cannot be sold before maturity
  • Cash additions must be in pounds sterling
IG

IG

Pros

  • No minimum balance for a CFD trading account
  • Free demo account with $20,000 virtual funds
  • Lower minimum deal sizes for the first 6 weeks
  • No commission to close listed options positions
  • Futures positions have no overnight funding fees
  • Extended hours on over 90 key US stocks
  • Weekend trading on selected indices, FX pairs and crypto

Cons

  • 0.8% FX conversion fee on non-base-currency CFD trades
  • 2.3% third-party card processor charge
  • US share CFDs have a $15 minimum online commission
  • UK share CFDs have a £10 minimum online commission
  • Daily overnight funding applies to overnight CFD positions
  • $40/month ProRealTime fee unless conditions are met
  • Monthly fees can apply for exchange stock feeds
  • Demo trades exclude slippage, interest and dividend adjustments
Freetrade

Freetrade

Freetrade is an investing platform with £0 dealing commissions, free ISA and SIPP access, stocks, ETFs, funds, gilts, ready-made portfolios and Crypto ETNs.

Visit Freetrade Read review

Your capital is at risk. Other fees apply.

IG

IG

IG is a CFD-focused broker with forex, shares, ETFs, crypto, options and futures, plus web, Android and third-party platforms.

Visit IG Read review

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.

Compare another broker Browse all brokers