Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| IG | FXView | |
|---|---|---|
| Overall score | 3.81 / 5 | 3.4 / 5 |
| Regulation | CySEC No. 309/16 + FCA No. 195355 | CySEC No. 367/18 Previously held a UK FCA licence (850138) which has since been revoked, so FCA is not listed as a current licence. Separately, CySEC reached a EUR50,000 settlement with Charlgate Ltd (FXView's CySEC entity) covering authorization-requirement lapses from 2020 through mid-2023, a client-fund-protection shortfall in September 2023, and a best-execution shortfall in July 2023, which Charlgate paid. |
| Entity | IGM Forex Ltd | Charlgate Ltd |
| Founded | 1974 | 2018 |
| Headquarters | London, UK | Limassol, Cyprus |
| Minimum deposit | £1 | $50 (non-EU); €200 (EU clients), RAW ECN account |
| Avg. spread (EUR/USD) | 0.6 pips | 0 pips |
| Platforms | Proprietary, MT4, ProRealTime | MT5, ActTrader |
| Other Tier-1 regulators | ASIC, +9 more Tier-1 | FSCA |
| Instruments | 17,000+ across forex, indices, shares, commodities, crypto CFDs | 500+ CFDs across forex, indices, commodities, 300+ share CFDs and cryptocurrencies |
| Visit | Visit IG | Visit FXView |
Full IG review → · Full FXView review → · Compare different brokers →