IG Group vs Webull 2026: Which Broker is Better?

Regulation & Safety

IG Group and Webull are both reputable brokers with strong regulatory credentials, enhancing their trustworthiness. IG Group, established in 1974, is regulated by several top-tier 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 US Securities and Exchange Commission (SEC). This extensive regulatory oversight ensures a high level of safety and compliance, offering investors significant peace of mind. Additionally, IG Group provides negative balance protection and is a member of the Financial Services Compensation Scheme (FSCS), offering additional protection for client funds.

Webull, founded in 2017 and headquartered in New York, is regulated by the SEC and the FCA. While its regulatory reach is not as extensive as IG Group, it still provides a solid level of security for traders, particularly those based in the United States. Webull offers Securities Investor Protection Corporation (SIPC) insurance, protecting client accounts up to $500,000, including a $250,000 limit for cash claims, which adds a layer of security for traders’ investments.

Fees & Spreads

When it comes to fees, IG Group offers spreads starting from 0.6 pips for forex trading, with no commissions, making it attractively priced for active traders. However, it has a relatively high minimum deposit requirement of $250 and charges an inactivity fee if the account remains dormant for two years. The fee structure can be somewhat complex, potentially requiring traders to carefully review all applicable charges.

Webull, on the other hand, offers commission-free trading across stocks, crypto, and forex markets, with spreads starting from 0 pips. Its zero minimum deposit requirement makes it accessible to new traders or those with limited capital. However, Webull's leverage is capped at 1:4, which is significantly lower than IG Group’s, potentially limiting trading capacity for those seeking higher leverage.

Trading Platforms

IG Group provides a robust selection of trading platforms, including its proprietary web and mobile platforms, as well as the widely-used MetaTrader 4 (MT4). The inclusion of ProRealTime charts is particularly beneficial for traders who rely on advanced charting tools. In contrast, Webull offers its own proprietary web and mobile platforms, featuring advanced charting and technical analysis tools. While both brokers offer user-friendly interfaces, IG’s platform suite is more comprehensive, catering to a wider range of trading styles.

Who Should Choose IG Group?

• Experienced traders looking for extensive market access with over 17,000 instruments.
• Traders who require advanced charting tools like ProRealTime.
• Investors seeking top-tier regulatory oversight and fund protection schemes.
• Forex traders who prioritise narrow spreads starting from 0.6 pips.

Who Should Choose Webull?

• New traders looking for a commission-free trading environment.
• Investors with limited capital who prefer a $0 minimum deposit.
• Traders who focus on US markets and require simple, intuitive platforms.
• Users interested in paper trading to practice strategies without risk.

Our Verdict

For beginners, Webull is the winner due to its commission-free structure and no minimum deposit. For professionals, IG Group takes the lead with its extensive market offerings and advanced platform features. In terms of fees, Webull’s commission-free model is more attractive for cost-conscious traders.