IG Group vs FXTM 2026: Which Broker is Better?
Choosing between IG Group and FXTM depends on your trading style, preferred markets, and budget. IG Group is headquartered in London, UK, while FXTM operates from Limassol, Cyprus. IG Group has the longer track record, established in 1974, compared to FXTM which was founded in 2011. 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
FXTM
| IG Group | FXTM | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.6/5 |
| Min. Deposit | $250 | $10 ✓ |
| Spread from | 0.6 pips | 0.1 pips ✓ |
| Max Leverage | 1:200 | 1:2000 ✓ |
| Regulation | FCA, ASIC, MAS ✓ | FCA, CySEC, FSCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowIG Group vs FXTM: Key Differences
IG Group
WinnerFXTM
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Fees Comparison
IG Group
FXTM
Regulation & Trust
IG Group holds licences from FCA, ASIC, MAS. FXTM is regulated by FCA, CySEC, FSCA.
Markets & Assets
Both brokers offer access to Cfd, Forex, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, FXTM is more competitive with EUR/USD spreads from 0.1 pips, compared to 0.6 pips at IG Group.
Trading Platforms
IG Group supports Proprietary Web, Proprietary Mobile, MT4. FXTM offers MT4, MT5. Both brokers are available on MT4.
Minimum Deposit
IG Group requires a minimum deposit of $250, while FXTM sets a minimum deposit of $10. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores IG Group at 4.33/5 and FXTM at 3.59/5, 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)
- No per-trade commission
- More regulatory licences (4)
- More market types (6)
FXTM
3.6/5
Choose FXTM if you want…
- Tighter spreads (from 0.1 pips)
- Lower minimum deposit ($10)
- Higher leverage (up to 1:2000)
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 & FXTM are available in
Frequently Asked Questions
1Is IG Group better than FXTM?
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs FXTM's 3.6/5. 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 FXTM?
IG Group offers spreads from 0.6 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IG Group vs FXTM?
IG Group requires a minimum deposit of $250. FXTM requires $10.
4Which broker is safer, IG Group or FXTM?
IG Group is regulated by FCA, ASIC, MAS, SEC, while FXTM holds licences from FCA, CySEC, FSCA.
5What trading platforms do IG Group and FXTM support?
IG Group supports Proprietary Web, Proprietary Mobile, MT4. FXTM supports MT4, MT5.
6Can I use both IG Group and FXTM?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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