CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
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IG
vs
InstaForex

IG vs InstaForex

What each publishes, side by side. — means we haven't got it from the broker's own pages.

IGInstaForex
Licences on a register4 of 50 of 1
RegulatorsFSCAFCAFSCA ODP⚠ 1 flagFSC BVI
Lowest spread0.75EUR/USD average published by IG (minimum 0.6). USD/ZAR avg 136.67 points—
Commission / lotNone on FXFX and index CFDs are spread-only; share CFDs carry commission (South Africa 0.20% per side, min ZAR50 online)from $4Per lot on the zero-spread offer
Min depositNoneBank transfer has no minimum, per IG ZA help centre$1Account types page
Max leverage—1:5000'From 1:1 to 1:5000'
PlatformsMT4, TradingView, ProRealTimePlatforms named on the broker's own siteMT4, MT5Platforms named on the broker's own site
Licences stated✓ = matched on register
  • · FSCA 41393
  • ✓ FCA 195355
  • ✓ FCA 114059
  • ✓ FCA 944492
  • ✓ FSCA ODP
  • · FSC BVI SIBA/L/14/1082
Regulator warningsFCA list, name matchNone foundNone found
Trustpilot3.89,017 reviewsRead on Trustpilot ↗—Read on Trustpilot ↗
Regulator warning naming the firmNone foundYes
VisitVisit IGVisit InstaForex
vs

Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.