Higher Rated
IG Group
Capital at risk · T&Cs apply
When comparing Admiral Markets and IG Group, the key difference lies in their target trader demographics and trading platforms. Admiral Markets, with its competitive spreads starting from 0 pips and support for both MT4 and MT5, appeals to traders who prioritise low-cost trading and advanced platform functionality. In contrast, IG Group, with its extensive market offerings and robust proprietary platforms, is favoured by traders who value a comprehensive trading ecosystem and top-tier research tools. Each broker caters to different experience levels, with Admiral Markets being ideal for cost-conscious traders and IG Group for those seeking a broader market access and advanced analytical tools.
Admiral Markets
IG Group
| Admiral Markets | IG Group | |
|---|---|---|
| BrokerRank Score | 3.8/5 | 4.3/5 ✓ |
| Min. Deposit | $100 ✓ | $250 |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | FCA, CySEC, ASIC | FCA, ASIC, MAS ✓ |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Admiral Markets offers lower spreads (0 pips).
See full side-by-side comparison belowAdmiral Markets
IG Group
WinnerAdmiral Markets
IG Group
Admiral Markets is a well-regarded broker regulated by several top-tier authorities, including the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). This multi-jurisdictional regulation ensures a high level of safety for client funds, with measures such as segregated accounts and participation in compensation schemes like the Financial Services Compensation Scheme (FSCS) in the UK, which covers up to £85,000.
IG Group, with a longer industry presence since 1974, is also heavily regulated by top-tier authorities such as the FCA, ASIC, the Monetary Authority of Singapore (MAS), and the U.S. Securities and Exchange Commission (SEC). This extensive regulatory oversight provides robust client protection, including segregated accounts and participation in compensation schemes. IG’s regulatory reputation is further bolstered by its headquarters in London, a global financial hub.
Admiral Markets offers competitive spreads starting from 0.0 pips on its Zero account, appealing to cost-conscious traders. The commission is $3 per lot, which is attractive for high-volume forex traders. The minimum deposit required is $100, making it accessible for beginner traders. However, traders should be aware of the inactivity fee charged after 24 months of dormancy.
IG Group features a slightly higher starting spread from 0.6 pips but compensates by offering commission-free trading on most instruments. The minimum deposit is higher at $250, which might be a consideration for newer traders. IG’s fee structure is more complex, with variations depending on the asset class and account type, but its extensive market offering and absence of commissions on many trades are significant advantages.
Admiral Markets provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both renowned for their user-friendly interfaces and robust analytical tools. Additionally, Admiral Markets offers a proprietary web platform, though some users may find it less modern compared to competitors. IG Group, on the other hand, offers its proprietary web and mobile platforms, known for advanced charting and ease of use, alongside MT4. IG’s platform suite is enhanced by ProRealTime charts, catering well to technical traders.
For beginners, Admiral Markets is an appealing choice due to its lower minimum deposit and educational resources. Professionals may prefer IG Group for its extensive market offerings and advanced trading tools. When it comes to fees, Admiral Markets stands out for its lower spreads and competitive commissions.
Admiral Markets
3.8/5
Choose Admiral Markets if you want…
IG Group
4.3/5
Choose IG Group if you want…
IG Group scores higher overall on our independent rating system. Admiral Markets holds a 3.8/5 rating vs IG Group's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Admiral Markets offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
Admiral Markets requires a minimum deposit of $100. IG Group requires $250.
Admiral Markets is regulated by FCA, CySEC, ASIC, while IG Group holds licences from FCA, ASIC, MAS, SEC.
Admiral Markets supports MT4, MT5, Proprietary Web. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.