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Side-by-Side Comparison Independent Updated Oct 2, 2026

IG Group vs MEXC 2026: Which Broker is Better?

In this broker comparison, we evaluate IG Group and MEXC to help traders decide which platform suits their needs. IG Group, with a rating of 4.33/5, is a veteran in the industry, appealing to seasoned traders seeking a wide range of markets and robust regulatory oversight from authorities like the FCA and ASIC. In contrast, MEXC, rated 3/5, caters primarily to cryptocurrency enthusiasts looking for a broad selection of altcoins and zero maker fees on spot trades, though it lacks the regulatory depth of IG Group. Each broker offers unique advantages, with IG Group excelling in comprehensive market offerings and MEXC focusing on cryptocurrency trading and high leverage opportunities.

IG Group

MEXC

VS
IG GroupMEXC
BrokerRank Score4.3/5 ✓4.0/5
Min. Deposit$250$0 ✓
Spread from0.6 pips0 pips ✓
Max Leverage1:2001:200
RegulationFCA, ASIC, MAS ✓FSA
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
MEXCIG Group
Best for Low Fees
MEXCIG Group
Best for Regulation
IG GroupMEXC
Best Overall
IG GroupMEXC
Quick Answer

IG Group is the better choice overall, scoring 4.3/5 vs 4.0/5 on BrokerRank's independent rating. On fees, MEXC offers lower spreads (0 pips).

See full side-by-side comparison below

IG Group vs MEXC: Key Differences

Feature

IG Group

MEXC

Our Rating
4.3 / 5
4.0 / 5
Min. Deposit
$250
$0
Max Leverage
Spread From
0.6 pips
0 pips
Commission
None
None
Regulated By
FSA
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Crypto
Founded
1974
2018
Headquarters
London, UK
Seychelles
Score
2 / 4
2 / 4

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Fees Comparison

Fee

IG Group

MEXC

Lower fees
Spread From
0.6 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, IG Group emerges as the superior choice due to its robust regulatory framework and extensive educational resources, despite its higher minimum deposit requirement. Professional traders may find IG Group more appealing given its comprehensive market access and sophisticated trading tools, including ProRealTime charts. In terms of fees, MEXC wins with its zero maker fees on spot trading and absence of a minimum deposit, although its regulatory status is less robust compared to IG Group.

Who Should Choose Which?

IG Group

IG Group

4.3/5

Top pick

Choose IG Group if you want…

  • Higher overall rating (4.3/5)
  • More regulatory licences (4)
  • More market types (6)
  • More established (est. 1974)
MEXC

MEXC

4.0/5

Choose MEXC if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit

Also consider

View all rankings

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.

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4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both IG Group & MEXC are available in

Frequently Asked Questions

1

Is IG Group better than MEXC?

IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs MEXC's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, IG Group or MEXC?

IG Group offers spreads from 0.6 pips, while MEXC starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for IG Group vs MEXC?

IG Group requires a minimum deposit of $250. MEXC requires $0.

4

Which broker is safer, IG Group or MEXC?

IG Group is regulated by FCA, ASIC, MAS, SEC, while MEXC holds licences from FSA.

5

What trading platforms do IG Group and MEXC support?

IG Group supports Proprietary Web, Proprietary Mobile, MT4. MEXC supports Proprietary Web, Proprietary Mobile.

6

Can I use both IG Group and MEXC?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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