IG Group vs Nexo 2026: Which Broker is Better?
Choosing between IG Group and Nexo 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 Nexo which was founded in 2018. 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
Nexo
| IG Group | Nexo | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.4/5 |
| Min. Deposit | $250 | $0 ✓ |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:1 |
| Regulation | FCA, ASIC, MAS ✓ | FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
IG Group is the better choice overall, scoring 4.3/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Nexo offers lower spreads (0 pips).
See full side-by-side comparison belowIG Group vs Nexo: Key Differences
IG Group
WinnerNexo
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Fees Comparison
IG Group
Nexo
Regulation & Trust
IG Group holds licences from FCA, ASIC, MAS. Nexo is regulated by FCA.
Markets & Assets
IG Group additionally covers Cfd, Forex, Stocks, Indices, Commodities. Nexo adds Crypto.
Fees & Spreads
On spreads, Nexo is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at IG Group.
Trading Platforms
IG Group supports Proprietary Web, Proprietary Mobile, MT4. Nexo offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Minimum Deposit
IG Group requires a minimum deposit of $250, while Nexo sets no minimum deposit. This makes Nexo accessible to traders with any budget.
Overall Ratings
BrokerRank scores IG Group at 4.33/5 and Nexo at 3.18/5, 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
- Higher leverage (up to 1:200)
- More regulatory licences (4)
Nexo
3.4/5
Choose Nexo if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
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 & Nexo are available in
Frequently Asked Questions
1Is IG Group better than Nexo?
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs Nexo's 3.4/5. 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 Nexo?
IG Group offers spreads from 0.6 pips, while Nexo starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for IG Group vs Nexo?
IG Group requires a minimum deposit of $250. Nexo requires $0.
4Which broker is safer, IG Group or Nexo?
IG Group is regulated by FCA, ASIC, MAS, SEC, while Nexo holds licences from FCA.
5What trading platforms do IG Group and Nexo support?
IG Group supports Proprietary Web, Proprietary Mobile, MT4. Nexo supports Proprietary Web, Proprietary Mobile.
6Can I use both IG Group and Nexo?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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