Choose Fortrade if you want…
Beginners who want a multi-regulated broker with a simple, well-supported proprietary platform.
We compared Fortrade 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.
| Fortrade | IG | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.1 / 5 | ⭐ 4.6 / 5 | IG |
| Regulators | FCA (UK), ASIC (Australia), CySEC, FSC Belarus | FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA | IG |
| Min. deposit | $100 | $0 (no minimum) | IG |
| Spreads from | 0.7 pips (Standard) | 0.6 pips (FX) / 0.4 points (FTSE) | IG |
| Max. leverage | 1:30 (EU) / 1:200 | Up to 1:30 (EU retail) / 1:200 (Pro) | — |
| Platforms | Fortrader, MT4 | IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView | IG |
| Founded | 2013 | 1974 | — |
| HQ | London, UK | London, United Kingdom | — |
Beginners who want a multi-regulated broker with a simple, well-supported proprietary platform.
Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.
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.
Fortrade holds licenses from: FCA (UK), ASIC (Australia), CySEC, FSC Belarus. 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.
Fortrade spreads start from 0.7 pips (Standard). IG spreads start from 0.6 pips (FX) / 0.4 points (FTSE). Actual spreads vary by account type and market conditions.
Fortrade: $100. IG: $0 (no minimum). IG has the lower entry barrier.