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Broker Comparison

IG vs tastytrade

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

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 thirdโ€ฆ

VS
tastytrade

tastytrade

Active options, futures and multi-asset traders

tastytrade is a multi-asset broker focused on active traders, with stocks, ETFs, options, futures, forex and โ€ฆ

Head-to-head comparison

IG vs tastytrade
Feature IG tastytrade
Minimum deposit โ€” โ€”
Stock trading fee US share CFDs: 2 cents per share, $15 minimum online; UK share CFDs: 0.10%, ยฃ10 minimum online; Hong Kong share CFDs: 0.18%, HKD50 minimum online; Euro share CFDs: 0.10%, โ‚ฌ10 minimum online $0 opening commission; $0 closing commission
Regulators BMA FINRA, SIPC, NFA, CFTC, NYDFS
Best for Active CFD and forex traders Active options, futures and multi-asset traders
Markets & account
Stocks
ETFs
Forex
CFDs
โ€”
Crypto
Bonds
โ€”
Options
Futures
Margin
Business Account
โ€”
Demo Account
โ€”
Fractional Shares
โ€”
Investment Plans
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Pros & cons

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 ยฃ10 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
tastytrade

tastytrade

Pros

  • Stock and ETF trades have $0 opening and closing commissions
  • Stock and ETF options close for $0 per contract
  • $10 max commission per leg on stock and ETF options
  • Fractional shares have $0 opening and closing commissions
  • Recurring ETF investments from $5 to $100K
  • API supports read, write and trade access
  • Crypto holdings can transfer to external wallets
  • No minimum account balance for CME futures in a margin account

Cons

  • Crypto markup/markdown is 50-75bp of executed order price
  • Crypto is not covered by FDIC or SIPC
  • Crypto cannot be traded on margin
  • Stablecoin withdrawals are not currently supported
  • Futures accounts are not protected by SIPC
  • IRA futures need $25,000 for standard CME contracts
  • Basic margin accounts cannot trade futures
  • Cash accounts cannot trade forex or futures
IG

IG

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

Your capital is at risk. Other fees apply.

tastytrade

tastytrade

tastytrade is a multi-asset broker focused on active traders, with stocks, ETFs, options, futures, forex and crypto plus web, desktop, mobile and API access.

Your capital is at risk. Other fees apply.

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