Venom Trading vs IG : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Venom Trading

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN

Years of Existence / Established Year

2004

1974

Customer Base / Number of Accounts

Info not available

313,000 customers

Regulation & Security

Regulations (governing bodies)

FINRA NFA SIPC

NFA CFTC FCA

Awards Won (count for the last 2 years)

Best in class for professional trading by stockbrokers.com

Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022

Security Measures

SIPC

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

17,000 + markets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Exchange Traded Notes (ETNs)

Yes

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Venom mobile Venom desktop Venom web

ProReal Time APIs L2 dealer

Platform Compatibility (Windows, Mac, iOS, Android)

Yes except Mac

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Individual account IRA account

Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$5,000

$50

Leverage Available

1:4

200:1

Trade Limit (maximum per trade)

Trade size vary on each asset

Commission (per account type)

Starting from 0.1

Best Suited For (e.g., beginners, experienced traders)

Experienced

Beginners

Deposit & Withdrawal Options

Deposit Methods

Wire transfer ACH transfer Online bill pay

Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise

Withdrawal Methods

ACATS DWAC DRS

Card Bank transfer

Other E-Wallets Supported

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Short videos & courses Recorded webinars

Trade analytics tools Seminars & webinars

Fees & Commissions

Trading-Related Fees

Equities - $0.004/share Options - $0.75 per contract Futures - $1.25 / contract

US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%

Spread (typical, fixed, variable)

Typical

Variable

Per Lot Fees

Options Contract Fees

$0.75 per contract

Futures Contract Fees

$1.25 per contract per side

Markup Fees on Spread

Guaranteed Stop Loss Fees

Vary for each asset

Maximum Leverage

1:4

200:1

Non-Trading Fees

Dormant Fees

$12/month after 24 months of no trading activity

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

$50

Account Opening Fee

Account Maintenance Fee

IRA - $7.5 quarterly fee

Deposit Fee

Free for Wire & check deposits

Currency Conversion Fee

Vary for different exchanges

0.5% - CFDs and share dealing accounts 0.7% - international shares

Withdrawal Fee

Wires - $10 Checks - $4 ACH/EFT - $1 SEPA - NA

Wire transfer - $25

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Monday to Friday - 7am to 4.30pm CST

Forex Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5 weekday customer service

24x5 support

Customer Support Methods (phone, email, live chat)

Ph-877-792-6272 Customer service line - 877-442-2757 Fax - 972-491-3111 Email - [email protected]

Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)

Support Languages

Additional Information

Headquarters Location

3008 E. Hebron Pkwy Building 400, Carrolton TX 75010

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

Venom Trading is known for competitive pricing on basic trades, especially for beginners. However, IG fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.

If speed and simplicity matter to you, Venom Trading delivers a streamlined account setup. In contrast, IG includes more documentation and KYC checks, which can delay access but ensures strong compliance.

Venom Trading excels in real-time trade execution with minimal latency, whereas IG complements its execution with strong analytical modules and educational support within the platform.

Advanced users will enjoy Venom Trading capabilities, but IG remains a favorite for its streamlined and beginner-centric approach.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare Venom Trading and Light Speed

Compare Venom Trading and ATFX

Compare Venom Trading and eToro

Compare IG and Oanda

Compare IG and Vantage

Compare IG and Freetrade

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare