FXTM vs IG
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick IG leads on safety — winning 6 of 7
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
33
✓20
Verdict
Guarded
Low risk
Regulatedⓘ
Yes
Yes
Licenses
3
✓8
Tier-1 regulatorsⓘ
0
✓5
Trustpilot score
2.5
✓3.7
Reviews collected
1097
✓9867
Exit riskⓘ lower = safer
Elevated
✓Elevated
Known clonesⓘ
✓1
2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
—
Max leverage
1:3000
1:200
Min spread (best acct)
✓from 0
from 0.142
Commission
$0.4
—
Cost grade
AA
—
Account types
2
2
Best for
Suits
Indian forex traders seeking a broker accepted in their region, Traders who can avoid inactivity fees by trading regularly, Users who prioritize fast deposit processing
Experienced traders who value a well-regulated, multi-jurisdiction broker, Traders who prioritize fast order execution and a reliable platform, Those who rarely need customer support and can manage issues independently
Not for
Traders who want transparent fee structures, Those who prefer no forced trading activity requirements, Traders who value responsive customer support
Traders who expect responsive, human customer support, Those who require smooth and quick withdrawal processes, New traders who may need guidance and hand-holding
Products & Funding
Instruments
forex, commodities, metals, indices, etf cfds, stock cfds, cash equities, cryptos
Foreign exchange, precious metals, CFD
Deposit methods
Bank, transfer
--
Withdrawal
--
--
Execution
Speed
AAA
—
Slippage
AAA
—
Swap cost
AAA
—
Company
Founded
2017-09-13
2017-09-07
Headquarters
🇬🇧 United Kingdom
🇬🇧 United Kingdom
Employees
0
38
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.