Scores, winners and data below compare these brokers as CFD brokers: leveraged trading on forex, indices, commodities and crypto. Scores, winners and data below compare these brokers as stock brokers: real shares and ETFs you own outright.
FP Markets
Not regulated in your country FP Markets has no licence from the regulator of the country this site is for, so local investor protections do not apply.
74.56% of retail investor accounts lose money when trading CFDs with this provider.
IG Markets
Regulated in your country IG Markets holds a licence from the regulator of the country this site is for, so local investor protections apply.
69% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders FP Markets and IG Markets are best suited to, based on what each one actually offers in United Kingdom.IG Markets is better than FP Markets for day traders, professional traders and high-volume traders. Both are a good fit for scalpers, swing traders and news traders.
| Overall score | FP Markets 83 -7 not offered | IG Markets 90 Best 88 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise FP Markets and the ones that supervise IG Markets.Only IG Markets is regulated in the UK, by the FCA. FP Markets holds no licence in the UK and is regulated by CySEC and ASIC (Australia).
| Section score | FP Markets 100 not offered | IG Markets 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | CySEC (Cyprus) | |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that FP Markets and IG Markets have in place to protect your money in United Kingdom.Both FP Markets and IG Markets offer segregated client funds and two-factor authentication. IG Markets also offers an investor compensation scheme, and is a licensed bank.
| Section score | FP Markets 66 -25 not offered | IG Markets 91 Best 91 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 2005 | 1974 |
| Parent company i | First Prudential Markets Pty Ltd | IG Group Holdings plc |
| CEO i | Craig Allison | Breon Corcoran |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | N/A | Barclays|Lloyds |
| Brand power | ||
| Number of customers worldwide i | 820,000 | |
| Annual revenue i | USD 987,300,000 | |
| Monthly website search traffic i | 563.6K monthly visits | 97.1K monthly visits |
Costs
What we compare A comparison of what it costs to trade with FP Markets and with IG Markets in United Kingdom, both on each trade and on holding the account.IG Markets is better than FP Markets for CFD costs, since IG Markets is cheaper on EUR/USD, at 5.08 USD per lot (against FP Markets' 9.5 USD), does not charge inactivity fees, unlike FP Markets, and offers volume discounts, which FP Markets does not. Neither FP Markets nor IG Markets charges account maintenance fees or deposit fees.
Only IG Markets can be assessed for real stock costs, since FP Markets is a CFD broker and does not offer real stocks.
| Section score | FP Markets 59 -28 not offered | IG Markets 87 Best 75 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | USD 6 | Free |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 9.5 | USD 5.075 |
| S&P 500 fees (CFD) i | 0.25 points | 0.4 points |
| Gold fees (CFD) i | 0.25 points | 0.3 points |
| Bitcoin fees (CFD) i | USD 19.38 | USD 36 |
| US stocks fees (CFD) i | USD 0.02 | USD 0.02 |
| Fees on stocks | ||
| Stock fee type i | Commission, Percentage | Commission |
| US stocks fees (real) i | Free | |
| ETF fees (real) i | Free | |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 2 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | USD 2 | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with FP Markets and with IG Markets in United Kingdom, and of how many instruments each one gives access to.IG Markets is better than FP Markets for CFD markets, as IG Markets gives access to 17,000 tradable symbols (against FP Markets' 10,000), offers futures on indices and commodities, which FP Markets does not, and offers options on commodities, forex, indices and stocks, which FP Markets does not. Both FP Markets and IG Markets offer CFDs on commodities, crypto, forex, indices and stocks.
Only IG Markets can be assessed for real stock markets, since FP Markets is a CFD broker and does not offer real stocks.
| Section score | FP Markets 75 -25 not offered | IG Markets 100 Best 100 |
|---|---|---|
| Total tradable symbols i | 10,000 | 17,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | Indices, Commodities | |
| Options i | Commodities, Forex, Indices, Stocks | |
| Assets you can own i |
Platform
What we compare A comparison of the trading platforms that FP Markets and IG Markets make available to their clients in United Kingdom.IG Markets is better than FP Markets for platforms, as IG Markets offers a proprietary platform and AutoChartist, which FP Markets does not. Both FP Markets and IG Markets offer MetaTrader 5 and MetaTrader 4.
FP Markets does not offer real stocks, being a CFD broker, so IG Markets and FP Markets cannot be compared for platforms.
| Section score | FP Markets 86 -5 not offered | IG Markets 91 Best 91 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of FP Markets and IG Markets in United Kingdom, and of what each one lets you do from your phone.FP Markets is better than IG Markets for mobile trading, as FP Markets offers the cTrader app, a social trading app and a copy trading app, which IG Markets does not. FP Markets and IG Markets both offer a proprietary mobile app and the MetaTrader 5 app.
IG Markets and FP Markets cannot be set side by side for mobile trading, as FP Markets is a CFD broker and does not offer real stocks, unlike IG Markets.
| Section score | FP Markets 100 Best not offered | IG Markets 93 -7 93 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that FP Markets and IG Markets allow on their platforms in United Kingdom.FP Markets and IG Markets are equally good for CFD trading features, since FP Markets allows for high-frequency trading. On the other hand, IG Markets executes orders faster, within 14 ms (against FP Markets' 40 ms), and offers guaranteed stop losses. Both FP Markets and IG Markets offer negative balance protection and trailing stops.
There is no like-for-like comparison for real stock trading features, as FP Markets is a CFD broker and does not offer real stocks.
| Section score | FP Markets 87 -2 not offered | IG Markets 89 92 |
|---|---|---|
| Trade execution | ||
| Broker type i | NDD | Agency |
| Average execution time i | 40 ms | 14 ms |
| Slippage occurrence i | 11% | |
| Requotes occurrence i | ||
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | 30:1 |
| Minor/Exotic FX pairs leverage i | 20:1 | 20:1 |
| Major indices leverage i | 20:1 | 20:1 |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1 | 20:1 |
| Commodities leverage i | 10:1 | 10:1 |
| Equities leverage i | 5:1 | 5:1 |
| Cryptocurrency leverage i | 2:1 | |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at FP Markets and at IG Markets in United Kingdom, and of who each one is meant for.FP Markets is better than IG Markets for CFD account types, as FP Markets offers a managed account, an ECN account and a copy trading account, which IG Markets does not. FP Markets and IG Markets both offer a demo account and a corporate account.
IG Markets and FP Markets cannot be compared for real stock account types, because IG Markets is a broker offering both CFDs and stocks while FP Markets is a CFD broker.
| Section score | FP Markets 68 Best not offered | IG Markets 46 -22 29 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with FP Markets and with IG Markets in United Kingdom.FP Markets is better than IG Markets for account opening, since FP Markets offers 2 account base currencies (against IG Markets' 1), supports e-wallets, which IG Markets does not, and has no minimum withdrawal (against IG Markets' 100 USD). However, IG Markets does not require a minimum deposit at all (against FP Markets' 100 USD).
IG Markets and FP Markets cannot be set side by side for account opening, as FP Markets is a CFD broker and does not offer real stocks, unlike IG Markets.
| Section score | FP Markets 72 Best not offered | IG Markets 62 -10 62 |
|---|---|---|
| Minimum deposit i | USD 100 | USD 0 |
| Minimum withdrawal i | USD 0 | USD 100 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | Neteller, Skrill | |
| Local payment methods i | ||
| Account base currencies i | EUR, USD | GBP |
| Deposit waiting time i | up to 1 business days | Instant |
| Withdrawal waiting time i | up to 1 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of FP Markets and IG Markets in United Kingdom, in how it can be reached and how fast it answers.FP Markets is better than IG Markets for customer care, because FP Markets offers priority support, which IG Markets does not. Both FP Markets and IG Markets offer a dedicated account manager and phone support.
IG Markets and FP Markets cannot be set side by side for customer care, as FP Markets is a CFD broker and does not offer real stocks, unlike IG Markets.
| Section score | FP Markets 83 Best not offered | IG Markets 78 -5 78 |
|---|---|---|
| Number of languages supported i | 12 | 12 |
| Website languages i | Arabic, German, English, French, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Website available in English i | ||
| Customer support languages i | Arabic, German, English, French, Indonesian, Italian, Korean, Malay, Portuguese, Spanish, Thai, Chinese | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that FP Markets and IG Markets provide to their clients in United Kingdom.FP Markets and IG Markets are equally good for learning, as both offer education for advanced traders and webinars.
There is no like-for-like comparison for learning, as FP Markets is a CFD broker and does not offer real stocks.
| Section score | FP Markets 100 not offered | IG Markets 100 100 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
FP Markets vs IG Markets: which one should you choose?
FP Markets
CFD Choose FP Markets if you want a CFD and forex broker with cTrader, copy trading and high-frequency strategies.
Open Account 74.56% of retail investor accounts lose money when trading CFDs with this provider.
IG Markets
CFD Choose IG Markets, regulated in the UK by the FCA, if you want an online CFD broker with low trading costs, a wide choice of markets and a guaranteed stop loss.
Stocks Choose IG Markets if you want a share dealing service with commission-free US stocks and a wide choice of markets.
Open Account 69% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include FP Markets or IG Markets, each scored with the same data and method as this page.
