FXTM vs IG
By Akash · Facts re-checked (UTC)
Here is how FXTM and IG compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| FXTM | IG | |
|---|---|---|
| Regulators | FSC Mauritius, CMA Kenya | FCA |
| Minimum deposit | – | No minimum balance to open an account |
| Spreads from | from 0.0 pips (Advantage account) | 0.6 pips EUR/USD (MT4, UK) |
| Commission | – | Commission-free on MT4 forex |
| Max leverage | – | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) |
| Platforms | MetaTrader 4, MetaTrader 5 | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime |
| Retail accounts losing money | – | 70% |
Full reviews: FXTM review · IG review
Frequently asked questions
Are FXTM and IG regulated?
FXTM: FSC Mauritius, CMA Kenya. IG: FCA.
Which has tighter spreads, FXTM or IG?
Published spreads start from from 0.0 pips (Advantage account) at FXTM and 0.6 pips EUR/USD (MT4, UK) at IG; commission: FXTM none listed, IG Commission-free on MT4 forex.
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 more