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FP Markets vs IG 2026: which is better?

We compared FP Markets and IG on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Comparison table

Comparison table FP Markets FP Markets Broker IG IG Broker
Licences ASIC, CySEC, FSCA, CMA (KE), FSA FCA, ASIC, DFSA, CFTC, NFA, MAS, FINMA, BaFin, JFSA, FMA, FSCA, BMA Best
Minimum deposit $0 $0
Maximum leverage 1:500 1:200
Trading platforms MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web Trader, Mobile App MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, ProRealTime, L2 Dealer
Markets Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs)
Islamic account ✓ Yes —
Demo account ✓ Yes ✓ Yes
Copy trading ✓ Yes ✗ No
Founded 2005 1974
Headquarters Sydney, Australia 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 FP Markets if you

  • need a swap-free Islamic account
  • want to copy other traders
  • use cTrader
Full FP Markets review

Choose IG if you

  • want more licences from strong regulators
Full IG review

Frequently asked questions

Which is better, FP Markets or IG?

We compared FP Markets and IG on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. FP Markets offers a swap-free Islamic account; IG does not. FP Markets offers copy trading; IG does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are FP Markets and IG regulated?

FP Markets licences: CySEC, ASIC, FSA, FSCA, CMA (KE). IG licences: FCA, ASIC, DFSA, CFTC, NFA, MAS, FSCA, FINMA, BaFin, JFSA, FMA, BMA.

What is the minimum deposit at FP Markets and IG?

FP Markets: $0. IG: $0.

Do FP Markets and IG offer an Islamic account?

FP Markets: Yes. IG: No.