FXTM (ForexTime) vs IG: which broker is better in 2026?
We compare FXTM (ForexTime) 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
CriteriaFXTM (ForexTime)IG
Overall score 3.5 4.1
Regulation & safety 3.0 4.5
Fees & deposit 3.5 3.5
Platform & assets 4.0 4.5
User support 3.5 4.0
Trust score68/10085/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5Proprietary web platform, Mobile app, MetaTrader 4 (in some markets)
Fee modelStandard / advantage spread; figures varySpread & commission model varies per product — details not yet verified
Pros & cons
- Strong presence in Africa & Asia; good education
- FCA/CySEC licenses for certain entities
- MT4/MT5 + various account types
- Many retail clients via the Mauritius entity (lighter regulation)
- Standard spread is not the cheapest
- Leverage is high-risk
- 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
FXTM (ForexTime)
ForexTime (FXTM) — regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius). Many clients via the Mauritius 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.