FP Markets vs IG Group
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
FP Markets wins this comparison — 1 out of 6 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. FP Markets came out ahead based on our scoring criteria. Read each category below for the full breakdown.
Side-by-Side Comparison
Customer Support & Reputation
IG Group winsIG Group has a slight edge in customer support and overall reputation. It holds an EntryLab rating of 4.70/10. FP Markets scores 4.50/10 on our platform, which is respectable but trails behind.
FP Markets4.50
IG Group4.70Leverage & Instruments
FP Markets winsFP Markets offers greater trading power with maximum leverage of 1:500 offshore / 1:30 EU & AU. This gives active traders more flexibility to size positions. IG Group caps leverage at 1:222 professional / 1:30 EU retail, which may limit scalability for experienced traders looking for higher exposure.
FP Markets1:500 offshore / 1:30 EU & AUIG Group1:222 professional / 1:30 EU retailDeposit & Withdrawal
IG Group winsFP Markets supports a wider range of deposit and withdrawal options. It accepts Bank Transfer, Visa/Mastercard, Skrill, Neteller, PayPal, Crypto, including cryptocurrency, giving traders more flexibility. IG Group offers Bank Transfer, Visa/Mastercard, PayPal, Wire Transfer, which may not suit all traders.
FP Markets$100IG Group$0 (no minimum for card/PayPal, $300 for bank transfer)Platforms & Tools
Both brokers offer a similar platform suite, so neither has a clear advantage here. Traders using MT4 or MT5 will be equally well-served by either.
FP MarketsIG GroupRegulation & Safety
IG Group winsWhen it comes to regulation, IG Group holds the edge. IG Group is regulated by FCA 195355, ASIC 220440, BaFin, FINMA, MAS, FSCA, FMA, CFTC/NFA (US), a top-tier authority, while FP Markets operates under ASIC 286354, CySEC 371/18. For traders who prioritise safety and fund protection, IG Group is the stronger choice in this category.
FP MarketsIG GroupTrading Costs
IG Group winsFP Markets offers more competitive trading costs overall. With EUR/USD spreads from 0.0 pips (Raw) / 1.0 pips (Standard) and commissions of commission-free, it undercuts IG Group, which charges spreads of 0.6 pips (Standard) / DMA pricing available with commission-free commission. Cost-conscious traders will find FP Markets more attractive.
FP Markets0.0 pips (Raw) / 1.0 pips (Standard)IG Group0.6 pips (Standard) / DMA pricing availableAccount Types & Min Deposit
IG Group winsFP Markets is the more accessible choice for traders getting started. With a minimum deposit of $100, it requires less capital to open an account than IG Group, which requires $0 (no minimum for card/PayPal, $300 for bank transfer). Lower barriers to entry make FP Markets the winner in this category.
FP Markets$100IG Group$0 (no minimum for card/PayPal, $300 for bank transfer)Our Pick
FP Markets Wins This Round
Based on our side-by-side analysis, FP Markets edges ahead in this matchup. Get started today.
Visit FP MarketsReady to Choose?
Frequently Asked Questions
Is FP Markets better than IG Group?
Based on our analysis across 7 key categories, FP Markets wins with a score of 4–2. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, FP Markets or IG Group?
FP Markets offers lower trading costs. FP Markets spreads start from 0.0 pips (Raw) / 1.0 pips (Standard) while IG Group starts from 0.6 pips (Standard) / DMA pricing available.
Is FP Markets safer than IG Group?
IG Group is regulated by a higher-tier authority. FP Markets is regulated by ASIC 286354, CySEC 371/18, while IG Group is regulated by FCA 195355, ASIC 220440, BaFin, FINMA, MAS, FSCA, FMA, CFTC/NFA (US).
Can I use MT5 with both FP Markets and IG Group?
FP Markets supports MT4, MT5, IRESS, cTrader and IG Group supports IG Platform, MT4, ProRealTime, L2 Dealer. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, FP Markets or IG Group?
FP Markets has the lower minimum deposit requirement. FP Markets requires $100 while IG Group requires $0 (no minimum for card/PayPal, $300 for bank transfer).
Is FP Markets regulated?
Yes, FP Markets is regulated by ASIC 286354, CySEC 371/18. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, FP Markets or IG Group?
For beginners, FP Markets is generally the stronger choice due to its lower minimum deposit. However, both brokers offer standard tools suitable for newer traders.