BROKER COMPARISON TOOL

XM vs IG

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

vs

Broker B

	XM	IG
Overall score	3.42 / 5	3.81 / 5
Regulation	CySEC No. 120/10 + FCA-licensed (FRN unconfirmed) + FSA Seychelles No. SD010 FCA-licensed; firm reference number not independently confirmed. XM also operates a second Seychelles-licensed entity, XM (SC) Limited, under licence SD190	CySEC No. 309/16 + FCA No. 195355
Entity	Trading Point of Financial Instruments Ltd	IGM Forex Ltd
Founded	2009	1974
Headquarters	Limassol, Cyprus	London, UK
Minimum deposit	$5	£1
Avg. spread (EUR/USD)	1.1 pips	0.6 pips
Platforms	MT4, MT5	Proprietary, MT4, ProRealTime
Other Tier-1 regulators	ASIC, DFSA	ASIC, +9 more Tier-1
Instruments	1,000+ across forex, stocks, indices, commodities, metals, crypto	17,000+ across forex, indices, shares, commodities, crypto CFDs
Visit	Visit XM	Visit IG

Full XM 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.