We compared FXTM and IG across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. IG wins on more criteria (4 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| FXTM | IG | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.4 / 5 | ⭐ 4.6 / 5 | IG |
| Regulators | FCA, CySEC, FSCA, FSC Mauritius | FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA | IG |
| Min. deposit | $10 | $0 (no minimum) | IG |
| Spreads from | 0.0 pips (ECN Zero) | 0.6 pips (FX) / 0.4 points (FTSE) | FXTM |
| Max. leverage | Up to 1:30 (EU retail) / 1:1000 (offshore) | Up to 1:30 (EU retail) / 1:200 (Pro) | — |
| Platforms | MT4, MT5, FXTM Trader app | IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView | IG |
| Founded | 2011 | 1974 | — |
| HQ | Limassol, Cyprus / Mauritius | London, United Kingdom | — |
Beginners and emerging-market traders who want low deposits, tight ECN spreads and strong local support.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs with FXTM. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
FXTM holds licenses from: FCA, CySEC, FSCA, FSC Mauritius. 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.
FXTM spreads start from 0.0 pips (ECN Zero). IG spreads start from 0.6 pips (FX) / 0.4 points (FTSE). Actual spreads vary by account type and market conditions.
FXTM: $10. IG: $0 (no minimum). IG has the lower entry barrier.
