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FP Markets vs IG : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
FP Markets
IG
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
ECN
Years of Existence / Established Year
2005
1974
Customer Base / Number of Accounts
No information
313,000 customers
Regulation & Security
Regulations (governing bodies)
ASIC, CySEC, FSCA, FSA, SVG
NFA CFTC FCA
Awards Won (count for the last 2 years)
Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.
Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022
Security Measures
No
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
10,000+ trading instruments
17,000 + markets
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
Yes
Stocks
No
Yes
Options
No
Yes
Futures
No
Yes
Bonds
Yes
Yes
Mutual Funds
No
Yes
Fractional Shares
Exchange Traded Notes (ETNs)
No
Yes
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
Yes
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
Yes
No
cTrader
Yes
No
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
No
ProReal Time APIs L2 dealer
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account
Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$100
$50
Leverage Available
500:1
200:1
Trade Limit (maximum per trade)
Depends on the asset type
Trade size vary on each asset
Commission (per account type)
$3
Starting from 0.1
Best Suited For (e.g., beginners, experienced traders)
Beginners to experienced traders
Beginners
Deposit & Withdrawal Options
Deposit Methods
Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker
Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise
Withdrawal Methods
Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker
Card Bank transfer
Other E-Wallets Supported
Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary
Trade analytics tools Seminars & webinars
Fees & Commissions
Trading-Related Fees
Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread
US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%
Spread (typical, fixed, variable)
Typical
Variable
Per Lot Fees
$2
NA
Options Contract Fees
NA
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
Vary for each asset
Maximum Leverage
500:1
200:1
Non-Trading Fees
Dormant Fees
$0
$12/month after 24 months of no trading activity
Subscription Fees (for premium features, data feeds)
$0
NA
Advisory Fees
$70
NA
Swap Fees (Overnight Financing)
Long- $5.79, short- $2.59
Yes
Statement or Document Fee
NA
$50
Account Opening Fee
$0
$0
Account Maintenance Fee
$0
$0
Deposit Fee
$0
Free for Wire & check deposits
Currency Conversion Fee
Starts from 0.06 to 0.30 %
0.5% - CFDs and share dealing accounts 0.7% - international shares
Withdrawal Fee
Upto $50
Wire transfer - $25
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Depends on the instrument offer
Forex Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24x5 support
Customer Support Methods (phone, email, live chat)
Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat
Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)
Support Languages
12+
8
Additional Information
Headquarters Location
Sydney,Australia
IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA
Complaints (for crypto brokers)
No
No
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