Side-by-Side Comparison Independent Updated Sep 5, 2026
OANDA vs IG Group 2026: Which Broker is Better?
Compare OANDA and IG Group side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
OANDA
IG Group
VS
| OANDA | IG Group | |
|---|---|---|
| BrokerRank Score | 4.3/5 ✓ | 4.3/5 |
| Min. Deposit | $0 ✓ | $250 |
| Spread from | 0.6 pips | 0.6 pips |
| Max Leverage | 1:50 | 1:200 ✓ |
| Regulation | CFTC, FCA, ASIC ✓ | FCA, ASIC, MAS |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
Quick VerdictBrokerRank recommends
Best for Beginners
OANDAIG Group
Best for Low Fees
OANDAIG Group
Best for Regulation
OANDAIG Group
Quick Answer
OANDA (4.3/5) and IG Group (4.3/5) are closely matched. OANDA has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowOANDA vs IG Group: Key Differences
Feature
OANDA
WinnerIG Group
Our Rating
4.3 / 5
4.3 / 5
Min. Deposit
$0
$250
Spread From
0.6 pips
0.6 pips
Commission
None
None
Platforms
MT4, Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Forex, Cfd, Indices, Commodities
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Founded
1996
1974
Headquarters
New York, USA
London, UK
Score
2 / 2
0 / 2
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Find my matchFees Comparison
Fee
OANDA
IG Group
Spread From
0.6 pips
0.6 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
OANDA scores 4.34/5 while IG Group scores 4.33/5 in our independent rating.
OANDA edges ahead overall, but IG Group may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
OANDA
4.3/5
Choose OANDA if you want…
- No minimum deposit
- More regulatory licences (7)
IG Group
4.3/5
Choose IG Group if you want…
- Higher leverage (up to 1:200)
- More market types (6)
- More established (est. 1974)
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 OANDA & IG Group are available in
Frequently Asked Questions
1Is OANDA better than IG Group?
OANDA (4.3/5) and IG Group (4.3/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, OANDA or IG Group?
OANDA offers spreads from 0.6 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for OANDA vs IG Group?
OANDA requires a minimum deposit of $0. IG Group requires $250.
4Which broker is safer, OANDA or IG Group?
OANDA is regulated by CFTC, FCA, ASIC, MAS, CIRO, BVI FSC, KNF, while IG Group holds licences from FCA, ASIC, MAS, SEC.
5What trading platforms do OANDA and IG Group support?
OANDA supports MT4, Proprietary Web, Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both OANDA and IG Group?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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