Higher Rated
IG Group
Capital at risk · T&Cs apply
In this broker comparison, we delve into the offerings of IG Group and OKX, two platforms catering to distinct segments of the trading community. IG Group, with its headquarters in London and a long-standing history since 1974, appeals to traditional traders seeking diverse market access, including CFDs, forex, and stocks, under stringent regulation by entities like the FCA and ASIC. Conversely, OKX, established in 2017 and based in Seychelles, targets cryptocurrency enthusiasts with its extensive range of crypto products and innovative features like a built-in Web3 wallet, albeit with a lesser regulatory footprint. Whether you are a seasoned trader looking for extensive market options or a crypto aficionado seeking competitive fees and modern tools, this comparison will help identify which broker aligns best with your trading needs.
IG Group
OKX
| IG Group | OKX | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 3.0/5 |
| Min. Deposit | $250 | $0 ✓ |
| Spread from | 0.6 pips | 0.1 pips ✓ |
| Max Leverage | 1:200 ✓ | 1:100 |
| Regulation | FCA, ASIC, MAS ✓ | FSA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
IG Group is the better choice overall, scoring 4.3/5 vs 3.0/5 on BrokerRank's independent rating. On fees, OKX offers lower spreads (0.1 pips).
See full side-by-side comparison belowIG Group
WinnerOKX
IG Group
OKX
IG Group
4.3/5
Choose IG Group if you want…
OKX
3.0/5
Choose OKX if you want…
IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs OKX's 3.0/5. 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 OKX starts at 0.1 pips. Check the fees section above for a full breakdown.
IG Group requires a minimum deposit of $250. OKX requires $0.
IG Group is regulated by FCA, ASIC, MAS, SEC, while OKX holds licences from FSA.
IG Group supports Proprietary Web, Proprietary Mobile, MT4. OKX supports 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.