Basic Information
Year Founded
1974
2014
Headquarters Location
UK + 14 global offices
St. Vincent&Grenadines, London
Publicly Traded (Entity or Parent)
YES
YES
Regulated?
YES
YES
Primary Regulator
FCA
FCA
Minimum Deposit
£250
$100
Fixed Spreads?
NO
NO
Trading Type
Market Maker (Pro: STP)
No Dealing Desk, STP
Commissions on Trades
NO (Pro accts Yes)
YES
CFD Loss Rate
81% loss rate on CFDs
71% loss rate on CFDs
Maximum Leverage
1:30
1:200
Currency Pairs Offered
91
43
General Average Rating - 3 scale
2,59
2,05
Background
Year Founded
1974
3,0
2014
2,0
Headquarters location + Offices
UK + 14 global offices
3,0
St. Vincent&Grenadines, London
2,0
Publicly traded?
YES
3,0
No
1,5
Size Measure
Annual Revs > $100 million
3,0
Private - No public data
1,5
Summary Score
3,00
1,75
Regulatory Compliance
Regulated or unregulated?
YES
3,0
YES
3,0
Primary regulator
FCA
3,0
FCA
3,0
Multiple compliance
ESMA + ASIC + CFTC
3,0
CySEC, St. Vincent
2,0
Safety of Deposits
Very Secure
3,0
Safe if UK or EU
2,0
Summary Score
3,00
2,50
Fees & Charges
Commissions, Fees & Charges
Very Competitive
3,0
2 accts, pricing varies
2,5
General
Off-hours higher, dormancy
2,0
Fairly competitive, NDD
2,5
Spreads
Very Competitive
2,0
Fairly competitive, NDD
2,5
Summary Score
2,67
2,50
Investment Products
Stocks - Breadth
Expansive
3,0
Only over 100 products
1,0
Forex - Breadth
Major, minor, and exotic
3,0
Average
2,5
Other: Comm, Crypto, Spread, CFD?
Comm, Cryp, CFD, Spread
3,0
Comm, Crypto, CFD, Options, SB
3,0
Summary Score
3,0
2,17
Platform experience
MT4 or equivalant
Top of the lIne
3,0
MT4
3,0
Proprietary options
Mobile app + platform options
2,5
Also MT4 WebTrader Platform
2,5
Special Advanced?
High-end support options
2,5
Auto-trade and Scalping OK
2,0
Summary Score
2,67
2,50
Special Features
Feature A
Guaranteed Stop Losses
3,0
STP broker
2,5
Feature B
Active Community forums
2,0
Popular assets, limited
1,5
Feature C
High-end institutional support
2,5
No social trading
1,0
Summary Score
2,50
1,67
Research Tools/Guidance
Financial Commentary
Offsite at Dailyfx.com
2,0
Access to Tradng Cntral feed
2,5
Technical Anlaysis
Deep support offline/online
2,0
Access to Tradng Cntral feed
2,5
Other Guidance
Trading strategies section
2,5
Focus on experienced traders
2,0
Summary Score
2,33
2,33
Education Support
Basic Library
Broad - Begin, Inter, and Advanced
3,0
Minimal, if at all
0,5
Webinars/Support
Offline, IG community
2,0
Daily webinars
1,5
General
81% loss rate on CFDs
1,0
71% loss rate on CFDs
1,5
Summary Score
2,00
1,17
Customer Support
Live Chat, Web, Tele, Offices
YES
3,0
YES
3,0
Responsiveness
Better than Average
2,5
2 mins for chat, day for email
2,5
FAQs? Quality?
High end
3,0
Below average
1,5
Summary Score
2,83
2,33
General Pros & Cons
Pro #1
One of World's best
3,0
No Dealing Desk
2,5
Pro #2
Top platforms & offerings
2,5
Free access to research prov
2,0
Pro #3
Broad Market Coverage
2,5
Scalp, hedge, and EAs OK
2,0
Con #1
Other applicable fees
1,5
No educational resources
1,0
Con #2
No social trading
1,0
Only 100 assets to trade
1,0
Con #3
DailyFx.com not integrated
1,0
No social trading
1,0
Summary Score
1,92
1,58
General Average Rating - 3 scale
General Average Rating - 3 scale
2,59
2,05
Broker links