FxPro vs IG Group 2026: Which Broker is Better?

Regulation & Safety

FxPro and IG Group both operate under stringent regulatory supervision, ensuring a high level of safety for their clients. FxPro is regulated by the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). These regulatory bodies are known for their rigorous standards, providing traders with peace of mind regarding the security of their funds. FxPro also offers negative balance protection, an essential feature for retail traders.

IG Group also enjoys robust regulatory oversight, being regulated by the FCA, ASIC, the Monetary Authority of Singapore (MAS), and the US Securities and Exchange Commission (SEC). With over 50 years in the industry, IG Group has established a strong reputation for reliability and security. Like FxPro, IG provides client fund protection mechanisms, including segregated accounts, ensuring that client funds are kept separate from the broker's operational funds.

Fees & Spreads

When it comes to trading costs, both brokers offer competitive spreads. FxPro provides spreads starting from 0.6 pips on forex, with no commissions on trades, making it an attractive option for cost-conscious traders. The minimum deposit requirement at FxPro is $100, which is relatively accessible for most retail traders. However, traders should be aware of the potential for higher spreads on standard accounts.

IG Group also offers spreads starting from 0.6 pips and charges no commissions on its trades. Despite this, IG's fee structure can be more complex, and traders should be cautious of the inactivity fee that kicks in after two years of dormancy. The minimum deposit is higher at $250, which might be a barrier for some entry-level traders. However, IG offers a wide range of over 17,000 markets, including cryptocurrencies, which FxPro has limited offerings in.

Trading Platforms

FxPro and IG Group both provide robust trading platforms. FxPro supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary web and mobile platforms. This variety allows traders to choose a platform that best suits their trading style. IG Group offers its proprietary web and mobile platforms, along with MT4. IG's platforms are renowned for their research and news features, as well as ProRealTime charts, which are advantageous for technical analysis.

Who Should Choose FxPro?

• Traders looking for a lower minimum deposit of $100.
• Forex traders who prefer MetaTrader platforms (MT4/MT5).
• Investors seeking negative balance protection.
• Those who prefer no dealing desk execution for more transparent pricing.

Who Should Choose IG Group?

• Traders interested in a vast selection of over 17,000 markets.
• Investors needing access to comprehensive research and news tools.
• Individuals looking for top-tier regulation across multiple regions.
• Technical traders who benefit from ProRealTime charting tools.

Our Verdict

For beginners, FxPro is the better choice due to its lower minimum deposit and straightforward fee structure. Professionals might prefer IG Group for its extensive market access and advanced research tools. In terms of fees, both brokers offer competitive spreads, but FxPro's simpler structure may appeal to those seeking clarity.