When comparing Exness and IG Group, the key difference lies in their target clientele and leverage offerings. Exness, with a rating of 3.77/5, appeals to traders seeking high leverage up to 1:2000 and low entry barriers, making it ideal for those with smaller starting capital. In contrast, IG Group, rated 4.33/5, is better suited for experienced traders and investors looking for a comprehensive range of over 17,000 markets, robust research tools, and stringent regulatory oversight. Each broker offers unique advantages, catering to distinct trading preferences and needs.
Exness
IG Group
| Exness | IG Group | |
|---|---|---|
| BrokerRank Score | 3.8/5 | 4.3/5 ✓ |
| Min. Deposit | $10 ✓ | $250 |
| Spread from | 0.1 pips ✓ | 0.6 pips |
| Max Leverage | 1:2000 ✓ | 1:200 |
| Regulation | FCA, CySEC, FSCA | FCA, ASIC, MAS ✓ |
| Platforms | MT4, MT5, Proprietary Mobile | 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, Exness offers lower spreads (0.1 pips).
See full side-by-side comparison belowExness
IG Group
WinnerExness
IG Group
Exness is a well-regulated broker, overseen by multiple financial authorities including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) in South Africa. These regulatory bodies are known for their stringent standards in financial safety and client fund protection. Exness offers investor protection schemes, ensuring client funds are kept in segregated accounts and providing compensation in case of insolvency.
In contrast, IG Group is also regulated by the FCA, as well as the Australian Securities and Investments Commission (ASIC), the Monetary Authority of Singapore (MAS), and the Securities and Exchange Commission (SEC) in the United States. This broad regulatory coverage reflects IG Group's long-standing presence in the industry and commitment to client protection. IG Group's top-tier regulation provides robust safety measures, including fund segregation and a comprehensive client protection scheme.
Exness offers some of the most competitive spreads in the industry, starting as low as 0.1 pips on major forex pairs. Their commission is set at $3.5 per lot, which is relatively low compared to industry standards. The minimum deposit requirement at Exness is $10, making it accessible for beginners. Furthermore, Exness is known for its no withdrawal fee policy and 24/7 instant withdrawals, which can be attractive for active traders concerned about cash flow.
IG Group, on the other hand, provides spreads starting from 0.6 pips, with zero commission on trades. However, they have a higher minimum deposit requirement of $250. IG Group's fee structure can be complex, with an inactivity fee imposed after 2 years of inactivity. Despite this, IG Group's extensive market access, with over 17,000 instruments, and excellent research tools could justify the higher initial deposit for serious traders.
Exness offers MetaTrader 4 and MetaTrader 5 platforms, along with a proprietary mobile platform. MT4 and MT5 are renowned for their robust charting tools and automated trading capabilities, while the proprietary mobile app provides convenience for trading on-the-go. IG Group, however, excels with its proprietary web and mobile platforms that integrate seamlessly with ProRealTime charts for advanced technical analysis. Additionally, IG also supports MT4, catering to traders familiar with this industry-standard platform.
For beginners, Exness may be the preferable choice due to its low minimum deposit and competitive spreads. Professional traders, however, might lean towards IG Group for its extensive market access and advanced research tools. On fees, Exness takes the edge with lower spreads and commission costs.
Exness
3.8/5
Choose Exness if you want…
IG Group
4.3/5
Choose IG Group if you want…
IG Group scores higher overall on our independent rating system. Exness 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.
Exness offers spreads from 0.1 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
Exness requires a minimum deposit of $10. IG Group requires $250.
Exness is regulated by FCA, CySEC, FSCA, while IG Group holds licences from FCA, ASIC, MAS, SEC.
Exness supports MT4, MT5, Proprietary Mobile. 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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