Updated September 29, 2026 · BrokerCue Editorial Team
iFOREX vs IG
Where iFOREX and IG differ
| Compare |  iFOREX |  IG |
|---|---|---|
| Stock trade fee | $0 | £0 |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto | Stocks, ETFs, Forex, CFDs, Options, Futures, Crypto, Spread bettingCovers more |
| Regulators | CySEC, BVI FSC | Federal Financial Supervisory Authority (BaFin), SIPC |
| Retail accounts that lose money | 80% | 69% |
| Platforms | IFOREX App | Mobile trading, L2 Dealer, ProRealTime, MetaTrader 4, MetaTrader 5, TradingView |
| Minimum deposit | $100 | Not confirmed |
| Account fee | Not confirmed | €0 |
| Inactivity fee | $15 | Not confirmed |
| Deposit and withdrawal fees | No broker deposit fee; $20 EEA wire withdrawal fee may apply | Not confirmed |
| Maximum retail leverage | 1:30 EU, 1:400 offshore | Not confirmed |
| Interest on cash | Not confirmed | 2.5% |
Same on both: Investor protection (EU ICS up to EUR 20,000).
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Key differences
- IG scores higher overall: 9.5 vs 9.0.
- Regulators: only iFOREX offers CySEC, BVI FSC.
- Regulators: only IG offers Federal Financial Supervisory Authority (BaFin), SIPC.
- Markets: only IG offers Options, Futures, Spread betting.
- Platforms: only iFOREX offers IFOREX App.
- Platforms: only IG offers Mobile trading, L2 Dealer, ProRealTime.
- Features: only iFOREX offers Crypto.
- Features: only IG offers Fractional shares.
Our verdict on each
iFOREX
iFOREX suits European traders who want forex, CFDs, crypto, shares and ETFs in a single commission-free account, and who put regulation and predictable costs above a small opening deposit. The EU entity sits under CySEC, with investor protection of EU ICS up to EUR 20,000 for accounts taken there.
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 | iFOREX | IG |
|---|---|---|
| Cost | 8.8Opening deposit of $100 and inactivity charge of $15 sit above the site medians of €4.64 and €0. | 9.3Higher |
| Offer | 8.7 | 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 |
Positions in our rankings
| Ranking | iFOREX | IG |
|---|---|---|
| Stock and ETF brokers | 141 of 471 | 48 of 471 |
| Forex brokers | 61 of 147 | 18 of 147 |
| Low-spread forex brokers | 59 of 145 | 16 of 145 |
| CFD brokers | 51 of 122 | 14 of 122 |
Every fact side by side
| Fact | iFOREX | IG |
|---|---|---|
| Features | Crypto, Demo account, Mobile app | Demo account, Mobile app, Fractional shares |
| Pricing model | Commission free | Commission free |
| Legal entity | iCFD Limited | IG Europe GmbH |
| Headquarters | Not confirmed | Germany |
| Founded | 1996 | Not confirmed |
| Support channels | Help centre | Not confirmed |
Where each stands against the rest
| Fact | iFOREX | IG | Median |
|---|---|---|---|
| Minimum deposit | $100above the median | Not confirmed | $25 |
| Account fee | Not confirmed | €0at the median | €0 |
| Inactivity fee | $15above the median | Not confirmed | $0 |
| Retail accounts that lose money | 80%highest 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
iFOREX
Pros
- Stock trade fee of $0, ranking 1 of 161 brands on that cost.
- Regulated by CySEC and BVI FSC, with iCFD Limited as the named EU entity.
- EU investor protection of EU ICS up to EUR 20,000 for accounts taken in the EU.
Cons
- Minimum deposit of $100 ranks 148 of 213, so the entry point is high.
- Support runs on help centre only.
- Inactivity fee of $15 ranks 42 of 56.
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
iFOREX
Who it suits
- Traders who want stocks, etfs and forex in a single account and can fund $100, while Vantage opens at $5.
- EU clients who prefer CySEC oversight and EU ICS up to EUR 20,000 to the route run by the BVI FSC.
- Savers happy to work from iFOREX App and practise on a demo account first.
Who should look elsewhere
- Small starters: CFI opens at $0 and Vantage at $5, both below iFOREX's $100.
- Broader market seekers: eToro lists stocks, etfs and forex, adding futures to iFOREX's stocks, etfs and forex.
- Traders who want phone or chat support, since support runs on help centre only.
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
iFOREX
What does it cost to trade a stock?+
The stock trade fee is $0. iFOREX runs a commission free pricing model, so there is no per-trade commission layered on top, and the account covers stocks, etfs and forex. The cost side of the ledger is the deposit and any inactivity charge, not the trade itself.
How much do I need to deposit to open an account?+
The minimum deposit is $100. That puts iFOREX towards the dearer end of the field: it ranks 148 of 213 brands on minimum deposit. CFI opens at $0 and Vantage at $5, so a lighter entry is available elsewhere.
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.
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