Choose IG if you want…
Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.
IG
⭐ 4.6 / 5
VS
Prorex Limited
⭐ 2.9 / 5
IG vs Prorex Limited — which broker is better in 2026?
We compared IG and Prorex Limited 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.
| IG | Prorex Limited | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 2.9 / 5 | IG |
| Regulators | FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA | FSC Mauritius | IG |
| Min. deposit | $0 (no minimum) | $50 | IG |
| Spreads from | 0.6 pips (FX) / 0.4 points (FTSE) | 0.4 pips | Prorex Limited |
| Max. leverage | Up to 1:30 (EU retail) / 1:200 (Pro) | 1:500 | — |
| Platforms | IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView | MT5 | IG |
| Founded | 1974 | 2023 | — |
| HQ | London, United Kingdom | Port Louis, Mauritius | — |
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)
Prorex Limited pros
- ✓ Low $50 minimum deposit
- ✓ MetaTrader 5 with EA and multi-asset support
- ✓ Broad multi-asset CFD range (FX, indices, commodities)
- ✓ Leverage up to 1:500
Cons
- ✗ Offshore-only regulation (FSC Mauritius)
- ✗ Very new (since 2023) with minimal track record
- ✗ Wider entry spreads (from 0.4 pips) than tighter ECN peers
Which one should you choose?
Choose Prorex Limited if you want…
Risk-tolerant offshore traders evaluating a newer FSC-regulated multi-asset MT5 broker.
Frequently asked questions
Which is better — IG or Prorex Limited?
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.
Is IG more regulated than Prorex Limited?
IG holds licenses from: FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA. Prorex Limited holds licenses from: FSC Mauritius. IG has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at IG vs Prorex Limited?
IG spreads start from 0.6 pips (FX) / 0.4 points (FTSE). Prorex Limited spreads start from 0.4 pips. Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, IG or Prorex Limited?
IG: $0 (no minimum). Prorex Limited: $50. IG has the lower entry barrier.
