IG vs Tradovate: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeIGTradovate
Licence Score93Very strong56Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record111
1 FCA United Kingdom Licensed · FRN 195355—
1 ASIC Australia Licensed—
1 JFSA Japan Licensed—
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore Licensed—
1 BaFin Germany Licensed—
1 FINMA Switzerland Licensed—
2 FSCA South Africa Licensed · FSP 41393—
2 DFSA United Arab Emirates Licensed—
2 FMA (NZ) New Zealand Licensed—
3 BMA Bermuda Licensed—
Founded19742014
HeadquartersUnited KingdomUnited States
TypeSpread betting & CFD providerFutures broker (FX futures)
Publicly listedLSE:IGGNo
PlatformsProprietary, MT4, ProRealTime, TradingViewProprietary
Minimum depositNo minimum—
VisitVisit siteVisit site

Frequently asked questions

Is IG or Tradovate better regulated?

IG has the higher Licence Score (93 vs 56), based on the number and tier of licences, operating history and public listing.

Which regulators license both IG and Tradovate?

Both are matched to licences from CFTC / NFA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.