Choose evest if you want…
MENA and African beginners who want a guided proprietary CFD app backed by FSCA regulation.
evest
⭐ 2.6 / 5
VS
IG
⭐ 4.6 / 5
evest vs IG — which broker is better in 2026?
We compared evest and IG across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. IG wins on more criteria (5 categories vs 0), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| evest | IG | Winner | |
|---|---|---|---|
| Rating | ⭐ 2.6 / 5 | ⭐ 4.6 / 5 | IG |
| Regulators | FSCA (South Africa) | FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA | IG |
| Min. deposit | $250 | $0 (no minimum) | IG |
| Spreads from | 1.0 pips | 0.6 pips (FX) / 0.4 points (FTSE) | IG |
| Max. leverage | 1:500 | Up to 1:30 (EU retail) / 1:200 (Pro) | — |
| Platforms | evest (proprietary), MT5 | IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView | IG |
| Founded | 2020 | 1974 | — |
| HQ | Johannesburg, South Africa | London, United Kingdom | — |
Pros & cons compared
evest pros
- ✓ FSCA-regulated entity in South Africa
- ✓ Beginner-oriented proprietary app plus MT5
- ✓ Multi-asset CFDs across FX, stocks, and crypto
- ✓ Leverage up to 1:500
Cons
- ✗ $250 minimum deposit is higher than most peers
- ✗ Single-jurisdiction regulation (FSCA only)
- ✗ Wide entry spreads from 1.0 pip
IG pros
- ✓ Founded 1974 — oldest CFD/spread-bet broker (LSE: IGG)
- ✓ Nine tier-1 regulators across UK, US, EU, APAC, Africa
- ✓ 17,000+ instruments — broadest in retail FX/CFD industry
- ✓ L2 Dealer DMA + ProRealTime for advanced traders
- ✓ Direct US CFTC/NFA regulation (one of few non-US brokers)
Cons
- ✗ Spreads on Standard account (0.6 pips FX) not the absolute tightest
- ✗ Proprietary platform learning curve
- ✗ EU leverage 1:30 (ESMA)
Which one should you choose?
Choose IG if you want…
Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.
Frequently asked questions
Which is better — evest or IG?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), IG wins 5 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is evest more regulated than IG?
evest holds licenses from: FSCA (South Africa). IG holds licenses from: FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA. IG has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at evest vs IG?
evest spreads start from 1.0 pips. IG spreads start from 0.6 pips (FX) / 0.4 points (FTSE). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, evest or IG?
evest: $250. IG: $0 (no minimum). IG has the lower entry barrier.
