IG Group vs FXCM 2026: Which Broker is Better?
Choosing between IG Group and FXCM depends on your trading style, preferred markets, and budget. IG Group is headquartered in London, UK. IG Group has the longer track record, established in 1974, compared to FXCM which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
IG Group
FXCM
| IG Group | FXCM | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.7/5 |
| Min. Deposit | $250 ✓ | $50 |
| Spread from | 0.6 pips | 0.2 pips ✓ |
| Max Leverage | 1:200 | 1:400 ✓ |
| Regulation | FCA, ASIC, MAS ✓ | FCA, ASIC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, Proprietary Web, Proprietary Mobile |
IG Group is the better choice overall, scoring 4.3/5 vs 3.7/5 on BrokerRank's independent rating. On fees, FXCM offers lower spreads (0.2 pips).
See full side-by-side comparison belowIG Group vs FXCM: Key Differences
IG Group
FXCM
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Fees Comparison
IG Group
FXCM
Lower feesRegulation & Trust
IG Group holds licences from FCA, ASIC, MAS. FXCM is regulated by FCA, ASIC.
Markets & Assets
Both brokers offer access to Cfd, Forex, Indices, Commodities markets. IG Group additionally covers Stocks.
Fees & Spreads
On spreads, FXCM is more competitive with EUR/USD spreads from 0.2 pips, compared to 0.6 pips at IG Group.
Trading Platforms
IG Group supports Proprietary Web, Proprietary Mobile, MT4. FXCM offers MT4, Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile, MT4.
Minimum Deposit
IG Group requires a minimum deposit of $250, while FXCM sets a minimum deposit of $50. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores IG Group at 4.33/5 and FXCM at 3.66/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IG Group leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- More regulatory licences (4)
- More market types (6)
- More established (est. 1974)
FXCM
3.7/5
Choose FXCM if you want…
- Tighter spreads (from 0.2 pips)
- Lower minimum deposit ($50)
- Higher leverage (up to 1:400)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both IG Group & FXCM are available in
Frequently Asked Questions
1Is IG Group better than FXCM?
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs FXCM's 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, IG Group or FXCM?
IG Group offers spreads from 0.6 pips, while FXCM starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IG Group vs FXCM?
IG Group requires a minimum deposit of $250. FXCM requires $50.
4Which broker is safer, IG Group or FXCM?
IG Group is regulated by FCA, ASIC, MAS, SEC, while FXCM holds licences from FCA, ASIC.
5What trading platforms do IG Group and FXCM support?
IG Group supports Proprietary Web, Proprietary Mobile, MT4. FXCM supports MT4, Proprietary Web, Proprietary Mobile.
6Can I use both IG Group and FXCM?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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