AvaTrade vs IG

 

AvaTrade vs IG – a Detailed Side-by-Side Comparison of two Highly regulated and trusted Forex Brokers in South Africa.

 

 

 

Avatrade vs IG Review – Key Point Quick Overview

 

1. ☑️ AvaTrade Quick Overview
2. ☑️ IG Quick Overview
3. ☑️ Overall Broker Comparison
4. ☑️ Regulation Comparison
5. ☑️ Assets Comparison
6. ☑️ Fees Comparison
7. ☑️ Deposit Options Comparison
8. ☑️ Trading Platforms Comparison
9. ☑️ Analytical Tools Comparison
10. ☑️ Educational Resources Comparison
11. ☑️ In Conclusion
12. ☑️ Our Findings
13. ☑️ Frequently Asked Questions

 

 

AvaTrade Quick Overview

 

AvaTrade is a privately held online FX and CFD broker that is located in Dublin, Ireland and is registered in several countries across the world. The organization also has branch offices throughout the European Union and Asia.

AvaTrade offers a huge number of tradable items like forex, stocks, commodities, cryptocurrencies, and indices on a variety of trading platforms accessible from a wide range of devices and with competitive spreads. A broker account can be opened with as little as 100 units of the base currency, and there are a variety of reading materials and guides available to help inexperienced traders get up to speed quickly.

Accounts in all countries, according to AvaTrade, do have negative balance protection, and the company also offers AvaProtect, which lets customers get insurance on trades.

 

 

IG Quick Overview

 

Established in 1974 and subject to FSCA oversight as of 2025, IG is known for its depth of trading options, inexpensive trading fees, and high rate of satisfied customers. IG is the largest CFD broker worldwide in terms of revenue, with over 320,000 customers in over 150 countries.

It provides access to over 17,000 instruments for trading via its acclaimed mobile app and web trader platform, and it does it at no cost to traders using either of its two low-cost trading accounts.

IG also operates a full-service stock brokerage for clients who prefer a more conventional investment approach. When compared to other major international brokers, IG’s research and analysis are on par. IG’s in-house trading staff also provides a steady stream of news and ideas.

Traders new to the market can benefit from IG’s extensive library of educational resources. The IG Academy, Managing Your Risk, Trading Strategies, Webinars, Seminars, and a Glossary of Terms are all available to you.

 

 

Overall Broker Comparison

 

 

 

Regulation Comparison

 

 

Our Findings

 

AvaTrade and IG offer a similar level of security. Both brokers are extremely well regulated in several international jurisdictions by such reputable organizations as the FCA, ASIC, and IIROC. Added to this, both brokers are licensed and regulated in South Africa by the FSCA.

 

 

Assets Comparison

 

 

Our Findings

 

When compared, we have found AvaTrade to provide access to 55 currency pairs, while IG offers access to 100 currency pairs. Moreover, both brokers provide access to Forex, CFDs, International Stock Trading, and, Crypto trading.

 

 

Fees Comparison

 

 

Our Findings

 

AvaTrade and IG offer similar spreads for major pairs like EUR/USD. AvaTrade offers an average spread of 0.9 pips, while IG offers an average spread of 0.8 pips for the same currency pair.

However, AvaTrade stands out for the fact that it does not charge a commission for any assets traded, while IG does charge a commission on certain assets. Added to this, IG charges deposit fees for some funding methods, while AvaTrade does not charge any deposit or withdrawal fees.

 

 

Deposit Options Comparison

 

 

Our Findings

 

Neither Broker Levies a Deposit Fee, however, a third-party fee may apply. Moreover, both brokers provide access to multiple trusted deposit and withdrawal options.

 

 

Trading Platforms Comparison

 

 

Our Findings

 

AvaTrade offers a wide variety of trading platforms, including the acclaimed AvaTradeGo mobile application. The whole suite of MetaQuotes, including MT4 and MT5, is also available through AvaTrade, as are other copy trading platforms like DupliTrade and ZuluTrade.

Besides its web-based platform, IG also provides mobile traders with access to MT4. In addition, it provides DMA traders with access to the L2 Dealer platform.

 

 

Analytical Tools Comparison

 

 

Our Findings

 

When compared, both Brokers offer a wide range of Analytical Tools. AvaTrade provides access to AutoCharist, whereas IG offers Trading Central.

 

 

Educational Resources Comparison

 

 

Our Findings

 

When compared, both Brokers offer an excellent range of educational resources. Traders will have access to Webinars and Video Guides.

 

 

In Conclusion

 

AvaTrade and Pepperstone have proven to be excellent Broker choices with impressive all-round offerings. Moreover, it is suited to all levels of Traders in South Africa.

 

 

Our Findings

 

While comparing AvaTrade and IG we have found that each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Selecting the Best Forex Broker will depend on a trader’s individual trading needs.

 

You might also like: AvaTrade Review

You might also like: IG Review

 

Frequently Asked Questions

 

Which Broker offers better pricing?

 

AvaTrade and IG offer similar spreads for major pairs like EUR/USD. AvaTrade offers an average spread of 0.9 pips, while IG offers an average spread of 0.8 pips for the same currency pair.  However, AvaTrade stands out for the fact that it does not charge a commission for any assets traded, while IG does charge a commission on certain assets.

 

Which broker offers the superior trading platform?

 

AvaTrade offers a wide variety of trading platforms, including the acclaimed AvaTradeGo mobile application. Besides its web-based platform, IG also provides mobile traders with access to MT4.

 

Do these brokers both offer MetaTrader?

 

Yes, however, AvaTrade provides access to both MT4 and MT5, while IG only provides access to MT4.

How many Forex pairs can I expect from these brokers?

 

AvaTrade provides access to 55 currency pairs, while IG offers access to 100 currency pairs.

 

Is it safe to trade with AvaTrade?

 

AvaTrade is a highly regulated Forex broker that has a solid reputation for transparent and reputable trading operations. The broker stores all funds in segregated accounts with top-tier banks and provides a secure trading environment.

 

Is it safe to trade with IG?

 

The IG Group is one of the safest brokers in the world because it is publicly traded on the London Stock Exchange and regulated by 17 different governments.