brokeredge

FXTM vs IG

Side-by-side comparison of regulation, trading costs, platforms, and account types for FXTM and IG.

FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius

Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.

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: FXTM is tighter on EUR/USD.

Side-by-side comparison

FeatureFXTMIG
Trust score8.09.1
RegulatorsFCA, CySEC, FSCA, FSC-Mauritius, CMAASIC, FCA, BaFin, MAS, CFTC-NFA, JFSA
HeadquartersCyprus
Founded2011
Min deposit$10$0.00
Max leverage1:10001:200
EUR/USD spread0.00 pips0.60 pips
Commission per lot$4$0.00
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal methodsBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal speed24h
Base currenciesUSD, EUR, GBP, NGN

FXTM is best for

High-volume traders
Day traders
Copy traders

IG is best for

Long-term CFD traders
US clients
Multi-asset traders