BROKER COMPARISON TOOL

IG vs FXOpen

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

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Broker A

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Broker B

	IG	FXOpen
Overall score	3.81 / 5	3.42 / 5
Regulation	CySEC No. 309/16 + FCA No. 195355	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.
Entity	IGM Forex Ltd	FXOpen EU Ltd
Founded	1974	2003
Headquarters	London, UK	London, UK (group); FXOpen EU Ltd, the CySEC entity, is based in Cyprus
Minimum deposit	£1	$300 / €300
Avg. spread (EUR/USD)	0.6 pips	1 pips
Platforms	Proprietary, MT4, ProRealTime	MT4, MT5, TradingView, Proprietary (TickTrader)
Other Tier-1 regulators	ASIC, +9 more Tier-1	ASIC
Instruments	17,000+ across forex, indices, shares, commodities, crypto CFDs	Forex plus CFDs on indices, commodities, stocks and cryptocurrencies
Visit	Visit IG	Visit FXOpen

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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.