BrokerCue

Broker Comparison

IG vs Wealthfront

Compare IG and Wealthfront 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
Wealthfront

Wealthfront

Hands-off long-term investors

Wealthfront combines automated investing, stock and ETF trading, a cash account, direct indexing and bond ladโ€ฆ

Head-to-head comparison

IG vs Wealthfront
Feature IG Wealthfront
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 Zero commissions on trades and $1 to start investing
Regulators BMA SEC, FINRA, SIPC, FDIC
Best for Active CFD and forex traders Hands-off long-term investors
Markets & account
Stocks
ETFs
Forex
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CFDs
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Crypto
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Bonds
Options
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Futures
โ€”
Margin
โ€”
Business Account
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Demo Account
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Funds
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Fractional Shares
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Ready Made Portfolios
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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
Wealthfront

Wealthfront

Pros

  • Zero commissions on stock and ETF trades
  • $1 minimum for Stock Investing Account
  • Cash Account has zero account fees
  • Free 24/7 instant withdrawals to eligible accounts
  • Up to $8M FDIC insurance through program banks
  • S&P 500 Direct starts at $5,000 with a 0.09% fee
  • Automated Bond Ladder waives advisory fee for 3 months
  • Two out-of-network ATM reimbursements monthly, up to $7.50 each

Cons

  • Automated Investing Account starts at $500
  • S&P 500 Direct requires $5,000 to start
  • Automated Bond Ladder has a 0.15% annual advisory fee
  • 529 plan total fees are 0.39%-0.45%
  • Cash APY can change before or after account opening
  • APY Boost applies only up to a $150,000 balance
  • FDIC coverage starts only after cash reaches program banks
  • Stock Investing Account is not built for options or crypto trading
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.

Wealthfront

Wealthfront

Wealthfront combines automated investing, stock and ETF trading, a cash account, direct indexing and bond ladders with low stated fees.

Your capital is at risk. Other fees apply.

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