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IG vs FP Markets

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

I
IG
Est. 1974 · London, UK
9.2
VS
FM
FP Markets
Est. 2005 · Sydney, Australia
8.7

Quick Verdict

IG
5 categories won
Tied
1 categories
FP Markets
1 categories won

IG scores higher overall at 9.2/10 vs 8.7/10.

Score Comparison

OverallIG wins
IG9.2
FP Markets8.7
Fees & CostsFP Markets wins
IG8.8
FP Markets9.2
PlatformsIG wins
IG9.4
FP Markets8.8
RegulationIG wins
IG9.8
FP Markets8.5
ExecutionIG wins
IG9.2
FP Markets9.0
SupportTie
IG8.5
FP Markets8.5
EducationIG wins
IG9.3
FP Markets7.5
InstrumentsIG wins
IG9.7
FP Markets8.5

Trading Conditions

ConditionIGFP Markets
Min DepositNone$50
EUR/USD Spread0.6 pips average0.0 pips (Raw), 1.0 pips (Standard)
CommissionNone (spread-only on most accounts)$3.00 per lot per side (Raw), None (Standard)
Leverage (Retail)30:130:1
Leverage (Pro)222:1500:1
Swap-FreeNoYes
Withdrawal FeeFreeFree

Platform Comparison

IG Platforms

  • IG Platform
  • MetaTrader 4
  • ProRealTime
  • L2 Dealer
  • TradingView
Account Types:

CFD, Spread Betting (UK), Share Dealing, Professional

FP Markets Platforms

  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • IRESS
Account Types:

Standard, Raw

Regulation & Safety

IG Regulation

BaFinGermanyFCAUKASICAustralia
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000 (Germany), FSCS up to GBP 85,000 (UK)

FP Markets Regulation

CySECCyprusASICAustralia
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000

Overall Verdict

WinnerIG9.2

IG takes the overall win with a score of 9.2 vs 8.7, winning 5 out of 7 individual categories compared to FP Markets's 1.

In terms of costs, though FP Markets edges ahead on fees. On the regulatory front, IG and offers stronger regulatory protection.

Choose IG if you prioritise its strengths in the categories where it leads. Choose FP Markets if you value the specific areas where it scores higher, such as fees & costs.

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.