BROKER COMPARISON TOOL

FXOpen vs IG

Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.

New to this? How to choose a forex broker →

Broker A

vs

Broker B

	FXOpen	IG
Overall score	3.42 / 5	3.81 / 5
Regulation	CySEC No. 194/13 + FCA No. 579202 + FSA Seychelles-licensed (licence number unconfirmed) FCA and ASIC licences are held by separate FXOpen group entities (UK and Australia), not by FXOpen EU Ltd itself. FSA Seychelles-licensed via FXON Ltd, per the official FSA Capital Markets register; licence number not independently confirmed.	CySEC No. 309/16 + FCA No. 195355
Entity	FXOpen EU Ltd	IGM Forex Ltd
Founded	2003	1974
Headquarters	London, UK (group); FXOpen EU Ltd, the CySEC entity, is based in Cyprus	London, UK
Minimum deposit	$300 / €300	£1
Avg. spread (EUR/USD)	1 pips	0.6 pips
Platforms	MT4, MT5, TradingView, Proprietary (TickTrader)	Proprietary, MT4, ProRealTime
Other Tier-1 regulators	ASIC	ASIC, +9 more Tier-1
Instruments	Forex plus CFDs on indices, commodities, stocks and cryptocurrencies	17,000+ across forex, indices, shares, commodities, crypto CFDs
Visit	Visit FXOpen	Visit IG

Full FXOpen review → · Full IG review → · Compare different brokers →

How this score is calculated: Nine weighted categories against a fixed, disclosed rubric -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5% -- not a ranking relative to other brokers, and not hands-on tested. See the full methodology. Verify current terms directly with the broker and its regulator's public register before depositing funds. This is not personalized financial advice.