IG Group
FxPesa
VS
Higher Rated
IG Group
Capital at risk · T&Cs apply
Choosing between IG Group and FxPesa depends on your trading style, preferred markets, and budget. IG Group is headquartered in London, UK, while FxPesa operates from Nairobi, Kenya. IG Group has the longer track record, established in 1974, compared to FxPesa which was founded in 2019. 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
FxPesa
IG Group is the better choice overall, scoring 4.3/5 vs 3.3/5 on BrokerRank's independent rating. On fees, IG Group offers lower spreads (0.6 pips).
See full side-by-side comparison belowOverall Rating
IG Group
4.3 vs 3.3
Lowest Fees
Tied
0.6 vs 0.6 pips
Regulation
IG Group
4 vs 1 licences
Min. Deposit
IG Group
$250 vs $5
IG Group
WinnerFxPesa
IG Group
FxPesa
IG Group holds licences from FCA, ASIC, MAS. FxPesa is regulated by CMA.
Both brokers offer access to Cfd, Forex, Indices, Commodities markets. IG Group additionally covers Stocks. FxPesa adds Crypto.
On spreads, IG Group is more competitive with EUR/USD spreads from 0.6 pips, compared to 0.6 pips at FxPesa.
IG Group supports Proprietary Web, Proprietary Mobile, MT4. FxPesa offers MT5, Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
IG Group requires a minimum deposit of $250, while FxPesa sets a minimum deposit of $5. Both are suitable for traders with moderate starting capital.
BrokerRank scores IG Group at 4.33/5 and FxPesa at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IG Group leads overall with a clear advantage.
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs FxPesa's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
IG Group offers spreads from 0.6 pips, while FxPesa starts at 0.6 pips. Check the fees section above for a full breakdown.
IG Group requires a minimum deposit of $250. FxPesa requires $5.
IG Group is regulated by FCA, ASIC, MAS, SEC, while FxPesa holds licences from CMA.
IG Group supports Proprietary Web, Proprietary Mobile, MT4. FxPesa supports MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.