IG Group vs Tiger Brokers 2026: Which Broker is Better?

Regulation & Safety

IG Group is a well-established broker founded in 1974, headquartered in London, UK. It is regulated by several top-tier regulatory authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Monetary Authority of Singapore (MAS), and the U.S. Securities and Exchange Commission (SEC). This extensive regulation ensures a high level of safety and security for client funds, with specific fund protection schemes in place, including segregation of client funds and negative balance protection.

In comparison, Tiger Brokers, founded in 2014 and headquartered in Singapore, is regulated by the MAS and ASIC. While the regulatory framework is robust and offers adequate client protection within the Asia-Pacific regions, it does not match the global regulatory coverage of IG Group. Tiger Brokers provides a secure trading environment with segregated client accounts, yet its regulatory reach is more regional, favouring traders within its key markets.

Fees & Spreads

IG Group offers competitive spreads starting from 0.6 pips with no commission on trades, which makes it attractive for forex traders. However, the minimum deposit is $250, and there is an inactivity fee charged after 2 years of dormancy. The broker also provides a maximum leverage of 1:200, allowing for significant trading exposure. While the fee structure can be complex, the absence of commission on forex trades is a notable advantage.

Tiger Brokers, on the other hand, offers spreads starting from 0 pips with a commission of 0.01, making it highly competitive for equity traders. Notably, there is no minimum deposit requirement, which could be appealing to new traders. The maximum leverage offered is 1:4, significantly lower than IG Group, which might limit trading capacity for high-leverage strategies. The broker's low commission rates and the ability to trade fractional shares stand out as significant benefits.

Trading Platforms

IG Group provides a comprehensive suite of trading platforms, including its Proprietary Web and Mobile platforms, as well as MetaTrader 4 (MT4). These platforms are renowned for their advanced charting tools and customisable features, catering to both beginner and advanced traders. In contrast, Tiger Brokers primarily focuses on its Proprietary Web and Mobile platforms, which are optimised for simplicity and ease of use, though they may lack the advanced functionalities found in IG's offerings.

Who Should Choose IG Group?

• Traders seeking access to over 17,000 markets, including forex, stocks, and commodities.
• Individuals looking for a broker with top-tier global regulation and extensive research tools.
• Experienced traders who value sophisticated charting tools like ProRealTime and MT4.
• Investors interested in trading with higher leverage (up to 1:200).

Who Should Choose Tiger Brokers?

• New traders attracted by a $0 minimum deposit requirement.
• Investors focused on trading in the Asia-Pacific markets, including US, HK, SG, and AU stocks.
• Traders interested in low-cost, commission-efficient trading, especially in equities.
• Individuals preferring mobile trading with an emphasis on app-based platforms.

Our Verdict

For beginners, Tiger Brokers is the better choice due to its low cost and ease of entry. Professional traders may prefer IG Group for its extensive market offerings and advanced trading tools. In terms of fees, Tiger Brokers offers a more cost-effective solution, especially for equity trading.