XM vs IG Group 2026: Which Broker is Better?
Compare XM and IG Group side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
XM
IG Group
| XM | IG Group | |
|---|---|---|
| BrokerRank Score | 3.9/5 | 4.3/5 ✓ |
| Min. Deposit | $5 | $250 ✓ |
| Spread from | 0.6 pips | 0.6 pips |
| Max Leverage | 1:1000 ✓ | 1:200 |
| Regulation | CySEC, DFSA, FSC ✓ | FCA, ASIC, MAS |
| Platforms | MT4, MT5, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
IG Group is the better choice overall, scoring 4.3/5 vs 3.9/5 on BrokerRank's independent rating. On fees, XM offers lower spreads (0.6 pips).
See full side-by-side comparison belowXM vs IG Group: Key Differences
XM
IG Group
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Fees Comparison
XM
IG Group
BrokerRank Verdict
XM scores 3.85/5 while IG Group scores 4.33/5 in our independent rating.
IG Group edges ahead overall, but XM 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?
XM
3.9/5
Choose XM if you want…
- Lower minimum deposit ($5)
- Higher leverage (up to 1:1000)
- More regulatory licences (5)
IG Group
4.3/5
Choose IG Group if you want…
- Higher overall rating (4.3/5)
- 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 XM & IG Group are available in
Frequently Asked Questions
1Is XM better than IG Group?
IG Group scores higher overall on our independent rating system. XM holds a 3.9/5 rating vs IG Group's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, XM or IG Group?
XM 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 XM vs IG Group?
XM requires a minimum deposit of $5. IG Group requires $250.
4Which broker is safer, XM or IG Group?
XM is regulated by CySEC, DFSA, FSC, FSCA, FSA, while IG Group holds licences from FCA, ASIC, MAS, SEC.
5What trading platforms do XM and IG Group support?
XM supports MT4, MT5, Proprietary Mobile. IG Group supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both XM and IG Group?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research
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76% of Brokers Use Proprietary Platforms
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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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