Side-by-side regulation, cost, platforms, and score -- generated from the same disclosed data and methodology behind our rankings.
| IG | Trade Nation | |
|---|---|---|
| Overall score | 3.81 / 5 | 3.33 / 5 |
| Regulation | CySEC No. 309/16 + FCA No. 195355 | EU-regulated (MiFID passporting) + FCA No. 525164 + FSA Seychelles-licensed (licence number unconfirmed) Regulated directly in the EU via Portugal's CMVM (not CySEC/Cyprus), alongside the FCA (UK), ASIC (Australia), and the FSCA (South Africa). Also holds a Bahamas SCB registration, not Tier-1 and excluded here. FSA Seychelles-licensed, per the official FSA Capital Markets register; licence number not independently confirmed. |
| Entity | IGM Forex Ltd | Trade Nation Financial Markets Limited |
| Founded | 1974 | 2014 |
| Headquarters | London, UK | London, UK |
| Minimum deposit | £1 | Not independently confirmed |
| Avg. spread (EUR/USD) | 0.6 pips | Not independently confirmed |
| Platforms | Proprietary, MT4, ProRealTime | MT4, TradingView, Proprietary (TN Trader) |
| Other Tier-1 regulators | ASIC, +9 more Tier-1 | ASIC, FSCA |
| Instruments | 17,000+ across forex, indices, shares, commodities, crypto CFDs | 1,000+ instruments (a marketing claim; count not independently verified) across forex (30-35+ pairs), indices (20-40+), a small commodities range (mainly metals/energy), and shares (hundreds, across UK/Europe/Asia/US); crypto CFDs are offered only via its Bahamas/Seychelles entities, not on the UK consumer site. |
| Visit | Visit IG | Visit Trade Nation |
Full IG review → · Full Trade Nation review → · Compare different brokers →