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

IG Group vs OKX 2026: Which Broker is Better?

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

VS
IG GroupOKX
BrokerRank Score4.3/5 ✓4.1/5
Min. Deposit$250$0 ✓
Spread from0.6 pips0.1 pips ✓
Max Leverage1:200 ✓1:100
RegulationFCA, ASIC, MAS ✓FSA
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
OKXIG Group
Best for Low Fees
OKXIG Group
Best for Regulation
IG GroupOKX
Best Overall
IG GroupOKX
Quick Answer

IG Group is the better choice overall, scoring 4.3/5 vs 4.1/5 on BrokerRank's independent rating. On fees, OKX offers lower spreads (0.1 pips).

See full side-by-side comparison below

IG Group vs OKX: Key Differences

Feature

IG Group

Winner

OKX

Our Rating
4.3 / 5
4.1 / 5
Min. Deposit
$250
$0
Max Leverage
Spread From
0.6 pips
0.1 pips
Commission
None
$0.08/lot
Regulated By
FSA
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Crypto
Founded
1974
2017
Headquarters
London, UK
Seychelles
Score
3 / 5
2 / 5

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Fees Comparison

Fee

IG Group

OKX

Spread From
0.6 pips
0.1 pips
Commission
None
$0.08/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, IG Group is the superior choice due to its comprehensive market offerings, robust regulation, and extensive educational resources, despite a higher minimum deposit requirement. Professional traders may find IG Group more appealing as well, given its broad range of markets and advanced trading tools like ProRealTime charts. However, OKX takes the lead on fees with its lower spreads and no minimum deposit, making it an attractive option for cost-conscious crypto enthusiasts.

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)
  • No per-trade commission
  • Higher leverage (up to 1:200)
  • More regulatory licences (4)
OKX

OKX

4.1/5

Choose OKX if you want…

  • Tighter spreads (from 0.1 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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ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
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#4Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

#5AvaTrade logo
AvaTrade
4.0
MAS
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Both IG Group & OKX are available in

Frequently Asked Questions

1

Is IG Group better than OKX?

IG Group scores higher overall on our independent rating system. IG Group holds a 4.3/5 rating vs OKX's 4.1/5. 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 OKX?

IG Group offers spreads from 0.6 pips, while OKX starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for IG Group vs OKX?

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

4

Which broker is safer, IG Group or OKX?

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

5

What trading platforms do IG Group and OKX support?

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

6

Can I use both IG Group and OKX?

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

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