FP Markets vs IG 2026
By Akash · Facts re-checked (UTC)
Here is how FP Markets and IG compare on regulation, costs and platforms.
FP Markets is an Australian-founded CFD broker offering MT4, MT5, cTrader and TradingView with Standard and Raw accounts, operating through entities regulated by ASIC, CySEC, FSCA and the FSA Seychelles.
IG Markets Ltd is authorised and regulated by the FCA (FRN 195355) and offers CFDs and spread bets on its own platform plus MT4, MT5, TradingView and ProRealTime.
70% of retail CFD accounts lose money with this provider.
Side by side
| FP Markets | IG | |
|---|---|---|
| Regulators | ASIC, CySEC, FSCA, FSA Seychelles | FCA |
| Minimum deposit | – | No minimum balance to open an account |
| Spreads from | from 0.0 pips (Raw) | 0.6 pips EUR/USD (MT4, UK) |
| Commission | US$3 per lot per side (Raw, MT4/MT5) | Commission-free on MT4 forex |
| Max leverage | 1:500 (MT4/MT5/cTrader, non-EU/non-AU entity) | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) |
| Platforms | IG web platformIG app | |
| Retail accounts losing money | – | 70% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: FP Markets review · IG review.
Frequently asked questions
Are FP Markets and IG regulated?
FP Markets: ASIC, CySEC, FSCA, FSA Seychelles. IG: FCA.
Which has tighter spreads, FP Markets or IG?
Published spreads start from from 0.0 pips (Raw) at FP Markets and 0.6 pips EUR/USD (MT4, UK) at IG; commission: FP Markets US$3 per lot per side (Raw, MT4/MT5), IG Commission-free on MT4 forex.
More FP Markets comparisons
More IG comparisons
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning