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FP Markets
VS
IG

FP Markets vs IG: which broker is better in 2026?

We compare FP Markets and IG — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, IG edges ahead (4.1/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaFP MarketsIG
Overall score 3.8 4.1
Regulation & safety 3.5 4.5
Fees & deposit 4.0 3.5
Platform & assets 4.0 4.5
User support 3.5 4.0
Trust score74/10085/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, cTrader, IRESSProprietary web platform, Mobile app, MetaTrader 4 (in some markets)
Fee modelRaw spread + commission (Raw) or Standard; competitiveSpread & commission model varies per product — details not yet verified

Pros & cons

FP Markets
  • ASIC/CySEC regulation + full platform selection (including IRESS for stocks)
  • Competitive raw spreads
  • Operating since 2005
  • The global entity (St. Vincent) is less strict than ASIC/CySEC
  • Mid-size brand, not a tier-1 giant
  • Leverage is high-risk
IG
  • Very strong regulation — supervised by the FCA & a FTSE 100 public company (high financial transparency from public-company duties)
  • One of the oldest & largest providers (since 1974) with 19,000+ markets
  • Mature platforms: proprietary web + mobile app + MT4 in some markets
  • Leveraged products (CFDs/spread betting) remain high-risk regardless of strong regulation
  • Spreads/fees aren't always the cheapest compared to low-cost ECN brokers
  • Product availability & regulatory entity differ per country — verify which serves your region

Regulation at a glance

FP Markets

Australian (2005) — regulated by ASIC (Australia), CySEC (Cyprus), FSA (St. Vincent for the global entity).

IG

Regulated by the Financial Conduct Authority (FCA) in the UK. Listed on the London Stock Exchange, a FTSE 100 constituent — high financial transparency due to public-company obligations.