FP Markets
IG
Our Rating
8.17
6.67

Regulations and Licenses

Feature
FP Markets
IG
ASIC (Australia)
FCA (UK)
MAS (Singapore)
NFA or CFTC (USA)
FSCA (South Africa)
FINMA (Switzerland)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
CBI (Ireland)
BMA (Bermuda)
Unregulated

Brokerage

Feature
FP Markets
IG
EUR/USD Avg. Raw Spread
0.20
0.17
GBP/USD Avg. Raw Spread
0.70
0.59
AUD/USD Avg. Raw Spread
0.40
0.3
EUR/USD Standard Spread
1.30
1.13
EUR/USD Fixed Spreads
Commissions (USD Base)
$3.00
$3.50
Minimum Deposit
$100
$450
Swap Free Account
No Inactivity Fees
Funding Methods
10+
4+
No Funding Fees

Markets and Instruments

Feature
FP Markets
IG
Currency Pairs
63+
100+
Cryptocurrency CFDs*
4+
12+
Index CFDs
14+
34+
Share CFDs
12,986+
12000+
Commodities CFD
7+
35+
Stockbroking
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
Pro 1: 100:1
Pro 2: 250:1
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (The United Kingdom)
500:1
222:1
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
500:1
222:1
Retail Max. Leverage (USA)
-
Major Pairs 50:1
Minor Pairs 20:1
Retail Max. Leverage (Singapore)
-
Major Pairs 20:1
Minor Pairs 20:1
Pro. Max. Leverage (Singapore)
-
50:1
Retail Max. Leverage (South Africa)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (South Africa)
-
222:1
Retail Max. Leverage (With offshore regulators)
500:1
200:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
FP Markets
IG
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

FP Markets
IG