Choose IG if you want…
Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.
IG
⭐ 4.6 / 5
VS
uexo
⭐ 3.3 / 5
IG vs uexo — which broker is better in 2026?
We compared IG and uexo 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 | uexo | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 3.3 / 5 | IG |
| Regulators | FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA | FSCA (South Africa) | IG |
| Min. deposit | $0 (no minimum) | $50 | IG |
| Spreads from | 0.6 pips (FX) / 0.4 points (FTSE) | 0.4 pips | uexo |
| 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 | 2021 | — |
| HQ | London, United Kingdom | Johannesburg, South Africa | — |
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)
uexo pros
- ✓ FSCA-regulated South African entity
- ✓ MT5 platform with competitive spreads
- ✓ Local ZAR funding and withdrawal options
- ✓ High leverage up to 1:500
Cons
- ✗ Single-jurisdiction regulation (FSCA only)
- ✗ New brand established in 2021
- ✗ MT5 only — no MT4 or proprietary platform
Which one should you choose?
Choose uexo if you want…
South African and African traders wanting a locally FSCA-regulated MT5 broker.
Frequently asked questions
Which is better — IG or uexo?
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 uexo?
IG holds licenses from: FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA. uexo holds licenses from: FSCA (South Africa). IG has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at IG vs uexo?
IG spreads start from 0.6 pips (FX) / 0.4 points (FTSE). uexo spreads start from 0.4 pips. Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, IG or uexo?
IG: $0 (no minimum). uexo: $50. IG has the lower entry barrier.
