IG vs Interactive Brokers: which broker is better in 2026?
We compare IG and Interactive Brokers — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, Interactive Brokers edges ahead (4.3/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
Pros & cons
- 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
- Top-tier regulation & transparency — a US public company (Nasdaq: IBKR) supervised by SEC/FINRA/CFTC + many global regulators
- Among the cheapest costs in the industry; very broad global market access
- Very powerful TWS platform & API for professional/algorithmic traders
- The TWS platform has a steep learning curve — less beginner-friendly
- Customer support is more self-service (not hand-holding), suited to technical users
- Interface & account structure can feel complex at first
Regulation at a glance
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.
A US public company (Nasdaq: IBKR) with entities regulated by SEC/FINRA/CFTC (US), FCA (UK), IIROC (Canada), MAS (Singapore), ASIC (Australia), the Central Bank of Ireland, and others. One of the most regulated & financially transparent brokers.