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IG vs Midas 2026: which is better?

We compared IG and Midas 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 IG IG Broker Midas Broker
Licences FCA, ASIC, DFSA, CFTC, NFA, MAS, FINMA, BaFin, JFSA, FMA, FSCA, BMA Best SPK
Minimum deposit $0 —
Maximum leverage 1:200 —
Trading platforms MetaTrader 4, MetaTrader 5, TradingView, Web Trader, Mobile App, ProRealTime, L2 Dealer Midas app
Markets Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) Stocks, Cryptocurrencies
Demo account ✓ Yes —
Copy trading ✗ No —
Founded 1974 2020
Headquarters London, United Kingdom Istanbul, Turkey
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 IG if you

  • want more licences from strong regulators
  • use MetaTrader 4, MetaTrader 5
Full IG review

Frequently asked questions

Which is better, IG or Midas?

We compared IG and Midas on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. IG holds 10 licences from strong regulators, against 0 for Midas. IG offers MetaTrader 4, MetaTrader 5, which Midas does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are IG and Midas regulated?

IG licences: FCA, ASIC, DFSA, CFTC, NFA, MAS, FSCA, FINMA, BaFin, JFSA, FMA, BMA. Midas licences: SPK.

What is the minimum deposit at IG and Midas?

IG: $0. Midas: not available.

Do IG and Midas offer an Islamic account?

IG: No. Midas: No.