FP Markets vs IG
Side-by-side comparison of regulation, trading costs, platforms, and account types for FP Markets and IG.
FP MarketsTrust 8.9/10
ASIC
CySEC
FSCA
Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.
IGTrust 9.1/10
ASIC
FCA
BaFin
MAS
Worlds largest CFD provider. LSE-listed (IGG) since 1974. Regulated globally including US CFTC. ProRealTime, MT4, and own platforms.
Quick verdict
- Trust: IG has the higher trust score.
- EUR/USD spread: FP Markets is tighter on EUR/USD.
Side-by-side comparison
| Feature | FP Markets | IG |
|---|---|---|
| Trust score | 8.9 | 9.1 |
| Regulators | ASIC, CySEC, FSCA | ASIC, FCA, BaFin, MAS, CFTC-NFA, JFSA |
| Headquarters | — | — |
| Founded | — | — |
| Min deposit | $100 | $0.00 |
| Max leverage | 1:500 | 1:200 |
| EUR/USD spread | 0.10 pips | 0.60 pips |
| Commission per lot | $6 | $0.00 |
| Raw spread account | ||
| Standard account | ||
| Swap-free account | ||
| cTrader | ||
| MT4 | ||
| MT5 | ||
| TradingView | ||
| Scalping allowed | ||
| EAs / algo allowed | ||
| Hedging allowed | ||
| Copy trading | ||
| Deposit methods | — | — |
| Withdrawal methods | — | — |
| Withdrawal speed | — | — |
| Base currencies | — | — |
FP Markets is best for
Cost-conscious traders
Stock CFD traders
AU residents
IG is best for
Long-term CFD traders
US clients
Multi-asset traders