FXTM vs IG

• 📊

  IG scores 9.2/10 overall vs 8/10 for FXTM — a 1.2-point difference.

• 💵

  FXTM requires just $10 to start, while IG needs $250 — FXTM is 25x more accessible.

• 📈

  IG offers 17,000+ instruments vs 600+ at FXTM — a massive gap in market coverage.

• 🖥️

  FXTM runs on MT4, MT5, FXTM Trader App, while IG uses IG Platform, MT4, ProRealTime, L2 Dealer — different ecosystems for different trading styles.

• ⚡

  The biggest gap is in Research & Analysis: IG scores 9.5 vs 7.0 for FXTM — a 2.5-point difference.

After testing both brokers with real accounts, IG comes out ahead with a 9.2/10 overall rating, winning 7 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. IG holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXTM is not without merit — it scores 8/10 overall and excels in Regulation & Trust (9.0/10). For a complete breakdown, read our full IG review and FXTM review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Read IG Review → Read FXTM Review →

When it comes to trading costs, IG has the edge with a score of 8.5/10 versus 8/10 for FXTM. FXTM offers spreads starting from 0.0 pips, while IG starts from 0.6 pips. The minimum deposit at FXTM is $10, compared to $250 at IG. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

IG scores 9.5/10 for platforms compared to 7.5/10 for FXTM. FXTM provides MT4, MT5, FXTM Trader App, while IG offers IG Platform, MT4, ProRealTime, L2 Dealer. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Regulation is crucial for fund safety. FXTM is regulated by CySEC, FCA, FSA (Tier 1), while IG holds licenses from FCA, ASIC, MAS, BaFin (Tier 1). FXTM scores 9/10 and IG scores 10/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

For learning resources, IG leads with 9/10 compared to 8.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FXTM and IG both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

FXTM offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while IG provides 24/5 Live Chat, Email, Phone with a score of 8.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

FXTM scores 8/10 for deposits and withdrawals, while IG scores 8/10. FXTM accepts Bank Transfer, Credit Card, Skrill, Neteller, and IG supports Bank Transfer, Credit Card, PayPal. Processing times, fees, and available currencies vary. FXTM requires a minimum deposit of $10 versus $250 for IG. Always check withdrawal conditions and any potential fees before funding your account.