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FXCM vs IG
A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | FXCM | IG |
|---|---|---|
| BrokaBoy score | 7.9/10 | 9.0/10 |
| Trustpilot rating | Trustpilot 4.6 (976 reviews) | Trustpilot 3.7 (9,975 reviews) |
| Listed minimum deposit | $50 | $0 |
| Advertised spread from | 0.2 pips | 0.6 pips |
| Advertised maximum leverage | 1:400 | Up to 1:30 (retail, UK/EU) |
| Regulators | ASIC, FSCA, FCA | ASIC, FCA, NFA, BaFin, MAS, DFSA, FSCA, FINMA |
| Platforms | MetaTrader 4, Trading Station, TradingView | IG Web Platform, ProRealTime, MetaTrader 4, L2 Dealer, TradingView, IG App |
| Instruments | Forex, Indices, Commodities, Stocks, Crypto | Forex, Indices, Stocks, Commodities, Bonds, Options, ETFs, Crypto |
| Account types | Standard, Active Trader | CFD, Spread Betting, Share Dealing, Professional |
| Founded | 1999 | 1974 |
| Spread type | Variable | Variable with a built-in markup on most CFD markets |
| Commission | Varies by account type | Commission on share CFDs and share dealing; FX and indices priced through the spread |
| Overnight / swap | Overnight swap charges apply on positions held past rollover. | Overnight funding charged on leveraged positions held past rollover |
| Withdrawals | Most withdrawal methods are free; third-party fees may apply. | No standard withdrawal fee; an inactivity fee applies after two years of no activity |
Key differences
- IG has a lower listed minimum deposit ($0 vs $50).
- IG has the higher BrokaBoy score (9.0/10 vs 7.9/10).
- Both brokers hold licences with ASIC, FSCA, FCA.
- Only FXCM lists Trading Station among its platforms.
- Only IG lists IG Web Platform, ProRealTime, L2 Dealer, IG App among its platforms.
- Only IG lists Bonds, Options, ETFs among its instruments.
Which should you choose?
- Choose IG if a lower listed opening deposit is your priority.
- Choose IG if you want the broader platform list shown in our catalogue (6 vs 3).
- Choose IG if access to Bonds is essential, and confirm it is available under your entity.
- Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.
Frequently asked questions
Which has the lower minimum deposit, FXCM or IG?+
IG has the lower listed minimum deposit ($0 vs $50). Confirm current terms with each broker.
Are FXCM and IG regulated by the same authorities?+
They share ASIC, FSCA, FCA. FXCM lists ASIC, FSCA, FCA; IG lists ASIC, FCA, NFA, BaFin, MAS, DFSA, FSCA, FINMA in our catalogue.
Which has the higher BrokaBoy score?+
IG scores 9.0/10 against 7.9/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do FXCM and IG support the same platforms?+
Both list MetaTrader 4, TradingView. IG lists more platforms overall.
