eToro vs IG
Since 9 May 2013, ETORO (UK) LIMITED has been authorised by the FCA, FRN 583263, and holds client money. Since 1 Dec 2001, IG INDEX LIMITED has been authorised by the FCA, FRN 114059, and holds client money.
eToro and IG side by side
Every figure comes from the broker, along with the date when we checked it. Search order decides where each one sits, not preference.
| Fact | eToro | IG |
|---|---|---|
| UK firm | ETORO (UK) LIMITED | IG INDEX LIMITED |
| FRN | 583263 | 114059 |
| Regulatory status | Authorised | Authorised |
| Authorised since | 9 May 2013 | 1 Dec 2001 |
| Clone firms on the register | 5 | 0 |
| Retail CFD accounts that lose money | 55%, read 2 Nov 2026 | 70%, read 2 Nov 2026 |
| EUR/USD spread as stated | 0.005% per trade (minimum, Standard) | 0.6 points (minimum, Spread betting) |
| Smallest deposit | £50 | £250 |
| Inactivity fee | Not stated | Free (as stated on spread betting/CFD charges tab) |
| Withdrawal fee | No charge for local currency (GBP) accounts; a USD investment account has a USD 5 fee. | free |
| CFDs | Yes | Yes |
| Spread betting | Not stated | Yes |
| Share dealing | Yes | Yes |
| Retail leverage | Not stated | up to 30x leverage on selected markets |
| Platforms | Etoro platform and app (etoro edge terminal) | You can use MT4, along with MT5, TradingView, IG's online trading platform and mobile app. Other options include L2 Dealer, ProRealTime and the tastytrade platform for US options and futures.) |
| Demo account | Yes | Yes |
| Negative balance protection | Not stated | Yes |
| iPhone app rating, UK App Store | 4.24 of 5 (18,299 ratings) | 4.58 of 5 (34,180 ratings) |
For both companies, demo account, share dealing, CFDs and FCA status all match.
We read etoro.com on 2 Nov 2026; ig.com/uk on 2 Nov 2026; etoro.com/trading/fees/cfd-spreads on 2 Nov 2026; ig.com/uk/charges on 2 Nov 2026; ig.com/uk/about-us/international-offering on 2 Nov 2026; ig.com/uk/spread-betting on 2 Nov 2026.
How the two loss rates stand against the wider field
The full risk warning from each broker
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. When trading CFDs with this provider, 55% of retail investor accounts lose money. Whether you understand how CFDs work and can afford the high risk of losing money is something you should consider.
On etoro.com, the wording is eToro's own, read 2 Nov 2026.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. When retail investor accounts trade spread bets and CFDs with this provider, 70% of those accounts lose money. You should check whether you can afford the high risk of losing your money and understand how spread bets and CFDs work.
These are IG's own words on ig.com, read 2 Nov 2026.