Baraka vs IG 2026: which is better?
We compared Baraka and IG on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Baraka offers a swap-free Islamic account; IG does not.
- IG holds 10 licences from strong regulators, against 1 for Baraka.
- IG offers MetaTrader 4, MetaTrader 5, which Baraka does not.
Comparison table
| Comparison table | Baraka Broker |
IG
Broker
|
|---|---|---|
| Licences | DFSA | FCA, ASIC, DFSA, CFTC, NFA, MAS, FINMA, BaFin, JFSA, FMA, FSCA, BMA Best |
| Minimum deposit | — | $0 |
| Maximum leverage | — | 1:200 |
| Trading platforms | baraka app | MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, ProRealTime, L2 Dealer |
| Markets | Stocks, Commodities & gold, ETFs | Forex, Stocks, Crypto, Commodities & gold, Indices, ETFs |
| Islamic account | ✓ Yes | — |
| Demo account | — | ✓ Yes |
| Copy trading | — | ✗ No |
| Founded | — | 1974 |
| Headquarters | Dubai, United Arab Emirates | London, United Kingdom |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Baraka if you
- need a swap-free Islamic account
Choose IG if you
- want more licences from strong regulators
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Baraka or IG?
We compared Baraka and IG on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Baraka offers a swap-free Islamic account; IG does not. IG holds 10 licences from strong regulators, against 1 for Baraka. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Baraka and IG regulated?
Baraka licences: DFSA. IG licences: FCA, ASIC, DFSA, CFTC, NFA, MAS, FSCA, FINMA, BaFin, JFSA, FMA, BMA.
What is the minimum deposit at Baraka and IG?
Baraka: not available. IG: $0.
Do Baraka and IG offer an Islamic account?
Baraka: Yes. IG: No.