FXCM vs IG : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

FXCM

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

ECN

Years of Existence / Established Year

1999

1974

Customer Base / Number of Accounts

No information

313,000 customers

Regulation & Security

Regulations (governing bodies)

FCA, CySEC, ASIC, FSCA, ISA

NFA CFTC FCA

Awards Won (count for the last 2 years)

Best In Class 2024 - ForexBrokers.com

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

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000+ trading instruments shares

17,000 + markets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Yes

Fractional Shares

Exchange Traded Notes (ETNs)

Yes

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Trading station, Trading View Pro

ProReal Time APIs L2 dealer

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, Active trading, Spread betting, Professional

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

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$50

Leverage Available

30:1 to 1000:1

200:1

Trade Limit (maximum per trade)

50 million per trade

Trade size vary on each asset

Commission (per account type)

$ 4 / lot

Starting from 0.1

Best Suited For (e.g., beginners, experienced traders)

Active and experienced traders

Beginners

Deposit & Withdrawal Options

Deposit Methods

Debit/Credit Card Via mobile app, Bank wire, China online payment, Crypto

Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise

Withdrawal Methods

Debit/Credit Card, Bank Wire, Local Bank Transfer, and Online Bank Transfer.

Card Bank transfer

Other E-Wallets Supported

Skrill, Neteller, Google pay, Apple pay

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Education, Trading Guides, Trading Tools, Research

Trade analytics tools Seminars & webinars

Fees & Commissions

Trading-Related Fees

Spread- 1.3 pips

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

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Vary for each asset

Maximum Leverage

1000:1

200:1

Non-Trading Fees

Dormant Fees

$50

$12/month after 24 months of no trading activity

Subscription Fees (for premium features, data feeds)

Advisory Fees

$30

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

$50

Account Opening Fee

Account Maintenance Fee

$25

Deposit Fee

Free for Wire & check deposits

Currency Conversion Fee

0.5% - CFDs and share dealing accounts 0.7% - international shares

Withdrawal Fee

Wire transfer - $25

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Varies by product

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)

24/5

24x5 support

Customer Support Methods (phone, email, live chat)

WhatsApp: +44 7537 432259 (message only), Email: [email protected], Live chat, Request a call

Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)

Support Languages

Additional Information

Headquarters Location

London, United Kingdom

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

While FXCM maintains low trading fees with no minimum deposit, IG includes some charges for premium features and certain asset trades, making FXCM the better option for budget-focused traders.

Creating an account with FXCM is generally faster and more user-friendly, often taking just a few minutes, while IG requires more detailed steps and identity verification, which may suit more cautious investors.

FXCM provides a modern trading experience with its proprietary or MT4/MT5 platform, ideal for technical traders. IG , on the other hand, offers more research tools and is better suited for data-driven investors.

FXCM strength lies in high-performance trading, while IG provides a more accessible route for everyday investors.

Explore More Broker Matchups

Here are more Comparisons to help you choose wisely

Compare FXCM and E*TRADE

Compare FXCM and Saxo bank

Compare FXCM and Merrill Edge

Compare IG and Fineco Bank

Compare IG and Fusion Markets

Compare IG and easyMarkets

Our Latest Contents

Stay updated with our newest insights and guides!

Top Broker Reviews

Discover brokers trusted by global traders.

Select Your Brokers to Compare