Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

Compare Brokers to Trade Clean Energy Stocks

For our clean energy stocks comparison, we found 22 brokers that are suitable and accept traders from United States of America.

We found 22 broker accounts (out of 147) that are suitable for Clean Energy Stocks.

  • FILTER
IG

Spreads From

EURUSD 0.6 points See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About IG

  • Regulated by: Financial Conduct Authority and ASIC.
  • Used by 195,000+ traders.
  • Established in 1974 HQ in UK.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

75% of retail investor accounts lose money when trading spread bets and CFDs with this provider

Read our in-depth IG review

Account type
EUR/USD Spread From
Commission
Execution
Min. Deposit
CFD
0.6
Fixed Spreads
Yes on share CFDs
STP
$250
Spread Betting
0.6
Fixed Spreads
None
STP
$250
Share Dealing
None
Fixed Spreads
£5
DMA
$250
Forex.com

Spreads From

EURUSD 1.0 points See all spreads

What can you trade?

  • Forex
  • Cryptocurrencies
  • Indices
  • Commodities
  • Stocks
  • ETFs

About Forex.com

  • Regulated by: Financial Conduct Authority.
  • Established in 1999 HQ in United States.

Platforms

  • MT4
  • MT5
  • Web Trader
  • Mobile App

Funding Methods

  • Credit cards
  • PayPal
  • Bank transfer

Open a demo account

See Deal

69% of retail investor accounts lose money when trading CFDs with this provider

Read our in-depth Forex.com review

Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.

The Ultimate Guide to

How to trade clean energy stocks online

With climate change now the biggest threat to humanity, investors are increasingly aware of the importance, and rewards, of investing in stocks that have a positive environmental impact.

Leading the charge in sustainable investments is renewable and clean energy, which are driving the world’s vital transition from fossil-based fuels to a more sustainable approach.

Already a massive market valued at $928bn in 2017, the global renewable energy market is expected to reach around $1.5 trillion by 2025.

With renewable comprising a number of markets and technologies, such as solar, wind power, wave and ocean energy, biomass, geothermal and hydroelectric power, the opportunities to invest are vast.

However, intense competition and an over-saturation of players in the sector has affected the ability of some renewable energy firms to stay in the red. Therefore, investors should look at stocks that are actively growing their revenues and profitability.

One of these stocks is Arizona-based First Solar, the largest solar panel manufacturer in the US.

As the US continues to experience a solar boom, driven by continuing cost declines, First Solar is reaping the rewards.

The firm has expanded its operations with a second factory in Ohio and has managed to turn its fortunes around by announcing positive net income of over $30m in the third quarter of 2019, compared to a loss of $18.5m earlier in the year.

The company, which has seen its share price steadily climb from $42 at the start of 2019 to $52 as of November 1, also landed a huge 1.7-gigawatt order to supply projects in Texas and California, with deliveries beginning in late 2020.

Italian firm Enel Power Company, is also one to watch. With a global presence covering Europe, the Americas, Asia, Africa and Oceania, the energy giant won the first ever renewable energy tender in India via its subsidiary BLP Energy, and is expected to invest $290bn in the construction of the wind farm to expand its holdings in the lucrative Indian renewable energy market.

Why use a regulated online broker to trade renewable and clean energy stocks

Investors can trade renewable and clean energy stocks online through a number of channels including buying individual stocks and green bonds.

However, with so many companies to choose from it can be hard to distinguish those that hold real value from those that will take a nose-dive at the first sign of trouble.

There are a number of ways around this for those investors that aren’t confident enough in, or don’t have the time to do their own sufficient research. The most obvious for some would be to use an exchange traded fund.

Another option are the Etoro Copy Portfolios, which allow investors to create a portfolio of stocks based on the success of previous traders and include companies leading the movement in solar energy, waste, recycling, wood fiber, electrical infrastructure, battery charging and clean transportation.

These companies include First solar and Enel, as well as other big hitters such as NextEra Energy, Pattern Energy Group, Covanta Holdings, China Longyuan, Nordex, and Vestas Wind Systems.

An additional benefit to using a regulated broker is that they are subject to a set of rules laid down by the Financial Conduct Authority.

Driving fundamentals

Ambitious climate change targets, stringent government regulations and volatile fossil fuel prices are just some of the factors driving the green energy market.

According to the International Energy Agency, the share of renewables in meeting global energy demand is expected to grow by one-fifth to reach over 12% in 2023.

While growth in regions like the Middle East are expected to be slower due to the cost-effective nature of fossil fuels in these areas, many countries are seeking to propel the use of renewable energies.

In the UK, for example, the government wants renewables to make up 20% of all energy supply by 2020.

Meanwhile, China has upped its renewable target from 20% to 35% by 2030.

Due to population rises and industrialisation in developing countries such as India and China, Asia-Pacific is expected to witness the fastest growth in green energy over the coming years.

Chinese stocks include Xinyi Solar Holdings, which produces and sells solar glass products. With a market cap of nearly HK$37bn, the company is considered a stable bet. For example, Xinyi has consistently beaten the industry growth rate of 20%, achieving an average annual growth rate of 32% over the last few years.

Facts

  • Solar and wind could make up nearly half (47%) of the world’s power capacity by 2030, according to data from investment firm UBS
  • Florida-based solar and wind energy provider NextEra Energy has seen its share price soar nearly 40% over the past year to $234.00, as of 4 November 2019
  • According to the International Renewable Energy Agency (IRENA), Asia accounted for nearly two thirds (61%) of new renewable energy installations globally, making it a powerhouse in the sector
  • Under the US Investment Tax Credit (ITC), certain types of renewable energy projects can claim a tax credit of up to 30% of their capital costs – further boosting the market’s growth

Why Choose IG
For Clean Energy Stocks?

IG scored best in our review of the top brokers for clean energy stocks, which takes into account 120+ factors across eight categories. Here are some areas where IG scored highly in:

  • 44+ years in business
  • Offers 10,000+ instruments
  • A range of platform inc. MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 0.60pips
  • Used by 195,000+ traders.
  • Offers demo account
  • 4 languages

IG offers four ways to tradeForex, CFDs, Spread Betting, Share dealing. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

IG have a AAA trust score. This is largely down to them being regulated by Financial Conduct Authority and ASIC, segregating client funds, being segregating client funds, being established for over 44

Trust Score comparison

IG Forex.com
Trust Score AAA AAA
Established in 1974 1999
Regulated by Financial Conduct Authority and ASIC Financial Conduct Authority
Uses tier 1 banks
Company Type Private
Segregates client funds

A Comparison of IG vs. Forex.com


Want to see how IG stacks up against Forex.com? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
IG Forex.com
Fixed Spreads
Variable Spreads
EUR/USD Spread 0.60 1.00
GBP/USD Spread 0.9 0.9
USD/CAD Spread 1.7 0.9
USD/JPY Spread 0.70 0.90
DAX Spread 1.0 250.0
FTSE 100 Spread 1.0 150.0
S&P500 Spread 0.4 50.0

Comparison of account & trading features

IG Forex.com
Platform MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps MT4, Web Trader, NinjaTrader, Tablet & Mobile apps
Services Forex, CFDs, Spread Betting, Share dealing Forex
Base currency options USD, GBP, EUR, CHF, JPY, SGD, AUD USD, GBP, EUR
Funding options Payoneer, Credit cards, Bank transfer, PayPal, MasterCard, BPAY, DebitCard, Bank transfer, Cheque, DebitCard,
Micro account
ECN account

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