Choose IG if you want…
Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.
IG
⭐ 4.6 / 5
VS
TopFX
⭐ 3.4 / 5
IG vs TopFX — which broker is better in 2026?
We compared IG and TopFX 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 | TopFX | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 3.4 / 5 | IG |
| Regulators | FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA | CySEC, FSA Seychelles | IG |
| Min. deposit | $0 (no minimum) | $50 | IG |
| Spreads from | 0.6 pips (FX) / 0.4 points (FTSE) | 0.0 pips (Raw) | TopFX |
| Max. leverage | Up to 1:30 (EU retail) / 1:200 (Pro) | 1:30 (EU) / 1:500 | — |
| Platforms | IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView | cTrader, MT4, MT5 | IG |
| Founded | 1974 | 2010 | — |
| HQ | London, United Kingdom | Limassol, 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)
TopFX pros
- ✓ CySEC-regulated, established since 2010
- ✓ cTrader specialist with raw spreads from 0.0 pips
- ✓ Also an institutional liquidity provider — deep pricing
- ✓ Offshore entity offers leverage up to 1:500
- ✓ Low $50 minimum deposit on raw accounts
Cons
- ✗ Best features sit on cTrader rather than MT4/MT5
- ✗ Lower retail brand awareness than tier-1 ECN names
- ✗ EU clients capped at 1:30 leverage
Which one should you choose?
Choose TopFX if you want…
cTrader traders wanting a CySEC-regulated broker with institutional-grade liquidity and tight raw spreads.
Frequently asked questions
Which is better — IG or TopFX?
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 TopFX?
IG holds licenses from: FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA. TopFX holds licenses from: CySEC, FSA Seychelles. IG has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at IG vs TopFX?
IG spreads start from 0.6 pips (FX) / 0.4 points (FTSE). TopFX spreads start from 0.0 pips (Raw). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, IG or TopFX?
IG: $0 (no minimum). TopFX: $50. IG has the lower entry barrier.
