Choose IG if you want…
Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.
IG
⭐ 4.6 / 5
VS
Mega Equity
⭐ 3.6 / 5
IG vs Mega Equity — which broker is better in 2026?
We compared IG and Mega Equity 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.
| IG | Mega Equity | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 3.6 / 5 | IG |
| Regulators | FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA | CySEC | IG |
| Min. deposit | $0 (no minimum) | $500 | IG |
| Spreads from | 0.6 pips (FX) / 0.4 points (FTSE) | 1.5 pips | IG |
| Max. leverage | Up to 1:30 (EU retail) / 1:200 (Pro) | 1:30 (EU) | — |
| Platforms | IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView | MT4, Proprietary | IG |
| Founded | 1974 | 1998 | — |
| HQ | London, United Kingdom | Nicosia, Cyprus | — |
Pros & cons compared
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)
Mega Equity pros
- ✓ Long-established Cyprus investment firm operating since the late 1990s
- ✓ CySEC-regulated with a full investment-services licence, not just CFDs
- ✓ Direct access to Cyprus and international equities, ETFs and bonds
- ✓ Suited to longer-term investors as well as CFD traders
Cons
- ✗ $500 minimum deposit and wider starting spreads
- ✗ Geared toward investors more than active, cost-sensitive FX traders
- ✗ Smaller retail-FX footprint than the global MT4/MT5 brokers
Which one should you choose?
Choose Mega Equity if you want…
Investors wanting a long-standing CySEC firm that brings equities, ETFs and FX/CFDs under one regulated roof.
Frequently asked questions
Which is better — IG or Mega Equity?
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 IG more regulated than Mega Equity?
IG holds licenses from: FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA. Mega Equity holds licenses from: CySEC. IG has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at IG vs Mega Equity?
IG spreads start from 0.6 pips (FX) / 0.4 points (FTSE). Mega Equity spreads start from 1.5 pips. Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, IG or Mega Equity?
IG: $0 (no minimum). Mega Equity: $500. IG has the lower entry barrier.
