Updated September 29, 2026 · BrokerCue Editorial Team
FXOpen vs IG
What sets them apart
| Compare |  FXOpen |  IG |
|---|---|---|
| Markets | Stocks, ETFs, Forex, CFDs, Crypto | Stocks, ETFs, Forex, CFDs, Options, Futures, Crypto, Spread bettingCovers more |
| Regulators | CySEC, FCA | Federal Financial Supervisory Authority (BaFin), SIPC |
| Retail accounts that lose money | 60% | 69% |
| Platforms | TickTrader, MT4, MT5 | Mobile trading, L2 Dealer, ProRealTime, MetaTrader 4, MetaTrader 5, TradingView |
| Minimum deposit | $100 | Not confirmed |
| Stock trade fee | Not confirmed | £0 |
| Account fee | Not confirmed | €0 |
| Interest on cash | Not confirmed | 2.5% |
Same on both: Investor protection (EU ICS up to EUR 20,000).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- IG scores higher overall: 9.5 vs 9.1.
- Regulators: only FXOpen offers CySEC, FCA.
- Regulators: only IG offers Federal Financial Supervisory Authority (BaFin), SIPC.
- Markets: only IG offers Options, Futures, Spread betting.
- Platforms: only FXOpen offers TickTrader, MT4, MT5.
- Platforms: only IG offers Mobile trading, L2 Dealer, ProRealTime.
- Features: only FXOpen offers Crypto.
- Features: only IG offers Fractional shares.
Our verdict on each
FXOpen
FXOpen suits traders who want one account spanning forex, CFDs, stocks, ETFs and crypto under FCA and CySEC oversight, with investor protection of EU ICS up to EUR 20,000. The minimum deposit of $100 is the catch, placing it well above the site median of €4.64 and above Vantage at $5.
IG
IG suits traders who want shares, ETFs, forex, contracts for difference, options, futures, crypto and spread betting under a single roof, with an account fee of €0 and cash interest of 2.5% on uninvested balances. Share dealing runs commission-free, while the retail loss rate is 69%.
Score breakdown
| Area | FXOpen | IG |
|---|---|---|
| Cost | 8.5 | 9.3Higher |
| Offer | 9.4 | 9.6HigherCommission-free share dealing, a stock trade fee of £0, an account fee of €0 and cash interest of 2.5%. |
| Trust | 9.5 | 9.5 |
Where they rank in our lists
| Ranking | FXOpen | IG |
|---|---|---|
| Stock and ETF brokers | 114 of 471 | 48 of 471 |
| Forex brokers | 50 of 147 | 18 of 147 |
| Low-spread forex brokers | 48 of 145 | 16 of 145 |
| CFD brokers | 40 of 122 | 14 of 122 |
Where each is licensed and available
| Country | FXOpen | IG |
|---|---|---|
| Cyprus | Not confirmed | |
| Germany | Not confirmed | Federal Financial Supervisory Authority (BaFin) MiCA CASP 213800HFC5G4V293BN91 |
| United Kingdom | Not confirmed | |
| United States | Not confirmed | SIPC SIPC member 71021 |
What we checked
FXOpen
- fxopen.com: 5 facts, checked September 26, 2026
- scribd.com: 1 fact, checked September 26, 2026
- topforextradingbrokers.com: 1 fact, checked September 26, 2026
IG
- ig.com: 8 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, checked September 26, 2026
Every fact side by side
| Fact | FXOpen | IG |
|---|---|---|
| Features | Demo account, Crypto, Mobile app | Demo account, Mobile app, Fractional shares |
| Pricing model | Not confirmed | Commission free |
| Legal entity | Not confirmed | IG Europe GmbH |
| Headquarters | Not confirmed | Germany |
Where each stands against the rest
| Fact | FXOpen | IG | Median |
|---|---|---|---|
| Minimum deposit | $100above the median | Not confirmed | $25 |
| Stock trade fee | Not confirmed | £0at the median | £0 |
| Account fee | Not confirmed | €0at the median | €0 |
| Retail accounts that lose money | 60%lowest quarter | 69%below the median | 72.05% |
| Interest on cash | Not confirmed | 2.5%below the median | 3% |
Median across 134 listed brokers.
Pros and cons
FXOpen
Pros
- One account covers stocks, ETFs, forex, CFDs and crypto, all listed under stocks, etfs and forex.
- Regulated by CySEC and FCA, so the UK operation sits under the FCA and the Cyprus operation under CySEC.
- Investor protection is stated at EU ICS up to EUR 20,000 for eligible claims.
Cons
- The minimum deposit of $100 is far above the site median of €4.64.
- On minimum deposit FXOpen ranks 148 of 213 brands compared.
- The cost score is 2.7 and the overall score is 2.7, so value is the weak side.
IG
Pros
- Markets list stocks, etfs and forex, so shares, ETFs, forex, contracts for difference, options, futures, crypto and spread betting sit together.
- Regulated by Federal Financial Supervisory Authority (BaFin) and SIPC, with client protection of EU ICS up to EUR 20,000.
- Platform choice runs Mobile trading, L2 Dealer and ProRealTime.
Cons
- Retail accounts that lose money come to 69%.
- The commission-free model in commission free applies to share dealing, and it does not extend to trading costs on forex, contracts for difference, options or futures.
- Accounts sit with IG Europe GmbH in Germany, so compensation stops at EU ICS up to EUR 20,000.
Who each suits
FXOpen
Who it suits
- Traders who want forex and CFDs next to stocks, ETFs and crypto in a single account.
- UK and EU residents who want a broker listed with CySEC and FCA and a stated protection scheme.
- Users of TickTrader, MT4 or MT5 who want a demo account before committing money.
Who should look elsewhere
- Newcomers starting with a small amount: CFI asks a minimum deposit of $0.
- Traders who want futures in the market list: eToro covers stocks, etfs and forex.
- Anyone wanting a lower entry point: Vantage takes $5 against FXOpen's $100.
IG
Who it suits
- Traders who want stocks, etfs and forex reachable from the same account rather than several platforms.
- Share buyers who want dealing on a commission-free basis, since commission free covers their trades.
- EU clients who weight regulation and compensation, given Federal Financial Supervisory Authority (BaFin) and SIPC and EU ICS up to EUR 20,000.
Who should look elsewhere
- Buyers who want a platform built around share dealing and crypto alone should compare CFI, whose stocks, etfs and forex is a shorter, simpler list.
- Investors priced in dollars rather than euros should weigh eToro, where the stock trade fee is $0.
- Anyone weighing only the account charge should know Vantage lists $0, so IG's €0 is not the only way to hold an account cheaply.
Questions about each
FXOpen
What is the minimum deposit at FXOpen?+
The minimum deposit is $100. That is well above the site median of €4.64 and places FXOpen at 148 of 213 brands compared on this measure. Anyone starting with a small balance is better served by a lower entry point elsewhere.
Who regulates FXOpen?+
FXOpen lists CySEC and FCA. The Cyprus entity is supervised by CySEC and the UK entity by the FCA, so UK customers sit under the UK regulator while EU customers sit under the Cyprus one. The listed protection scheme is EU ICS up to EUR 20,000.
IG
What does it cost to trade shares with IG?+
Share dealing runs on a commission-free model, with a stock trade fee of £0 and an account fee of €0. Those are the two figures that matter for holding and trading, and both sit at the floor of the site tables. Trading costs on forex, contracts for difference, options and futures are quoted apart from share dealing.
Who regulates IG and is my money protected?+
The regulators are Federal Financial Supervisory Authority (BaFin) and SIPC, and the licences listed are MiCA CASP 213800HFC5G4V293BN91 and SIPC member 71021. Client protection in the EU is EU ICS up to EUR 20,000, so a claim against the firm is covered only up to that ceiling. Any balance above the cap is your own exposure.
Other options to compare
Other matchups
- IG vs Nexo
- FXOpen vs Markets.com
- FXOpen vs Exness
- FXOpen vs Freetrade
- FXOpen vs FOREX.com
- FXOpen vs IC Markets
- FXOpen vs FXTM
- FXOpen vs Lime Financial
- FXOpen vs Admirals
- FXOpen vs LiteFinance
- FXOpen vs LMAX Exchange
- FXOpen vs InvestEngine
- FXOpen vs Smartbroker
- FXOpen vs Capital.com
- FXOpen vs ActivTrades
- IG vs XTB
- IG vs NAGA
- IG vs eToro
- IG vs Robinhood
- IG vs S Broker
- IG vs Kraken
- IG vs EBC Financial Group
- IG vs Traders Place