IG vs XM
By Akash · Facts re-checked (UTC)
Here is how IG and XM compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| IG | XM | |
|---|---|---|
| Regulators | FCA | CySEC |
| Minimum deposit | No minimum balance to open an account | $5 (Standard and Ultra Low; XM Global) |
| Spreads from | 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 | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime | – |
| Retail accounts losing money | 70% | – |
Full reviews: IG review · XM review
Frequently asked questions
What is the minimum deposit at IG and XM?
IG: No minimum balance to open an account. XM: $5 (Standard and Ultra Low; XM Global).
Are IG and XM regulated?
IG: FCA. XM: CySEC.
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