Interactive Brokers

⭐ 4.8 / 5
VS

IG

⭐ 4.6 / 5

Interactive Brokers vs IG — which broker is better in 2026?

We compared Interactive Brokers and IG across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. The two brokers are evenly matched — your final choice depends on your specific trading style.

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Interactive Brokers IG Winner
Rating ⭐ 4.8 / 5 ⭐ 4.6 / 5 Interactive Brokers
Regulators SEC/FINRA, FCA, ASIC, MAS, FSA Japan, SFC HK, CySEC, BaFin FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA IG
Min. deposit $0 (no minimum) $0 (no minimum) Tie
Spreads from 0.1 pips + $2/lot (Pro) / IBKR Lite (commission-free US stocks) 0.6 pips (FX) / 0.4 points (FTSE) Interactive Brokers
Max. leverage Up to 1:30 (EU retail) / 1:50 (US) / 1:400 (Pro) Up to 1:30 (EU retail) / 1:200 (Pro)
Platforms Trader Workstation (TWS), IBKR Mobile, IBKR GlobalTrader, API IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView IG
Founded 1978 1974
HQ Greenwich, Connecticut, USA London, United Kingdom

Pros & cons compared

Interactive Brokers pros

  • ✓ Founded 1978 — listed on NASDAQ (IBKR) since 2007
  • ✓ Direct regulatory presence in 12+ jurisdictions including US, UK, EU, Asia
  • ✓ 1.5 million+ accounts, $400+ billion in client equity
  • ✓ 150+ markets across 33 countries — broadest global access of any broker
  • ✓ Real stocks, options, futures, bonds, mutual funds + FX

Cons

  • ✗ Trader Workstation has a notoriously steep learning curve
  • ✗ Customer service is functional but not high-touch
  • ✗ Margin/financing rates are best in industry — but credit checks rigorous

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)
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Which one should you choose?

Choose Interactive Brokers if you want…

Active traders, professional clients, and serious investors wanting institutional-grade execution across all asset classes.

Choose IG if you want…

Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.

Frequently asked questions

Which is better — Interactive Brokers or IG?

Interactive Brokers and IG are evenly matched on most measurable criteria. Your choice should depend on which specific features matter most — review the comparison table above and the "Pros & Cons" section.

Is Interactive Brokers more regulated than IG?

Interactive Brokers holds licenses from: SEC/FINRA, FCA, ASIC, MAS, FSA Japan, SFC HK, CySEC, BaFin. 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 Interactive Brokers vs IG?

Interactive Brokers spreads start from 0.1 pips + $2/lot (Pro) / IBKR Lite (commission-free US stocks). 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, Interactive Brokers or IG?

Interactive Brokers: $0 (no minimum). IG: $0 (no minimum). Both require the same minimum.