This comparison overview aids customers that struggle to select between IG Trading and Next Markets to discover the most effective online broker for their trading and financial investment requirements. It assesses the main features of both brokers side by side to assist customers contrast their service and make a notified choice.
To help users select the ideal broker between IG Trading and Next Markets to discover the best-suited platform, below is a list of broker’s advantages and disadvantages, followed by a comparison of their primary trading functions, including trading platforms & devices, fees, mobile trading, deposit & withdrawal, possessions, policy, and consumer support.
IG Trading vs. Next Markets: Summary
IG is a globally operating online broker regulated by eight tier-one regulators (FCA, ASIC, JFSA, MAS, FINMA, FMA, CFTC and MiFID). They offer users access to 19,500 tradable symbols including 20,000 CFDs, forex, forex options, stocks and cryptocurrencies. IG users can choose between various trading platforms including a proprietary Web-based platform, L2 Dealer DMA, MetaTrader 4 and ProRealTime charting feature.
IG trading fees are competitive for active traders. The size of the brokers allows fast and reliable order execution also on larger orders. IG also offered spread rebates on higher volume CFD trades.
IG additionally offers extensive educational materials (daily video market updates and technical and fundamental analysis case studies), a wide range of trading and research tools for beginners and advanced and intuitive trading apps.
IG’s customer service is available through live chat, email, phone, and WhatsApp in English, and several other languages.
Next Markets is a multi-asset CFD broker based in Germany. It is regulated by the MFSA and is considered safe. The broker allows users to trade over 7,000 stocks, 1,000 ETFs, and CFDs on cryptos, forex, commodities, and bonds.
Next Market’s fees are below average compared to similar brokers in the industry. They charge 0% commission on stock and ETFs and low fees on CFDs. Forex spreads start from 0.6 pips (EUR/USD). The broker does not charge any withdrawal on inactivity fees.
Next Market’s customer service is available from Monday to Friday from 09:00 to 18:00 by email and phone (+49 221 98259 007).
Pros
- Regulated by 8 tier-one regulators
- Low average spreads from 0.82 pips EUR/USD
- Wide range of trading platforms and third party plugins
- Extensive research and education resources
- Wide range of platforms
Cons
- Slightly higher fees on CFDs
- Limited banking options
Pros
- Low minimum deposit ($0)
- 0% commission stocks and ETFs
- Low spreads from 0.6 pips (EUR/USD)
- Free trading signals
- No hidden commissions or non-trading fees
Cons
- Algorithmic trading is not available
- Limited advanced trading tools and features
- No demo or Islamic swap-free accounts are available
Key features
- Access to 20,000 tradable symbols
- Compatible with MT4, L2 Dealer and ProRealTime
- Unlimited demo paper trading account
- Advanced research and analysis tools (L2 Dealer and ProRealTime)
- Availability of EA’s and other automated trading software
- Free trading signals and alerts
Key features
- Access to 8,000 financial instruments
- Broad range of deposit & withdrawal methods
- User friendly mobile app
- Competitive trading fees, spreads, and commissions
- Beginner friendly trading tools and features
- User friendly mobile app
IG Trading vs. Next Markets Comparison
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IG Trading
Next Markets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 100:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | $18 | 0 |
| Forex (EUR/USD) | 0.6 pips | 0 |
| Stocks & ETF | 0.3 pips | 0 |
| CFD (Gold) | 0.3 pips | 0 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5500 | $0.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 1000 | 7000 |
| ETF & Funds | 1000 | 1000 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 80 | 0 |
| CFD Indices & Funds | 80 | 1000 |
| CFD Stocks | 12000 | 7000 |
| CFD Commodities | 6 | 0 |
| CFD Crypto | 10 | 0 |
| CFD Bonds | 12 | 0 |
| Binary Options | 100 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
IG Trading vs. Next Markets Comparison Conclusion
The results of our comparison of IG Trading vs. Next Markets are wrapped up in the table below.
| Broker: | Best For: |
| IG Trading | Great overall multi-asset broker |
| Next Markets | Stocks and ETF trading and investing |
Choosing the appropriate selection between IG Trading and Next Markets can be hard. Both on-line brokers have similarities yet differ pertaining to trading instruments, platforms & applications, guideline, down payment & withdrawals, and study and education. Choosing the very best broker depends upon users’ trading & investment goals, individual preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.