IG
Best for regulation and range: a FTSE 100 group with a US arm
WizardTrader score
91
/100
CFDs are complex and carry a high risk of losing money rapidly due to leverage. Check the broker's own retail loss disclosure.
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Before you sign up
Key facts
Regulators
FCA (195355, 114059, 944492), BaFin, ASIC, FINMA, MAS, DFSA, JFSA, FSCA, CFTC/NFA (IG US)
EUR/USD cost
Spread-only from 0.6 pips (no current published average)
Minimum deposit
$50 by card; $250 for IG US
Platforms
IG web and mobile, TradingView, MT4, MT5, ProRealTime, L2 Dealer
Max leverage
30:1 retail (UK/EU/AU); 50:1 US
Founded and headquarters
1974, London, UK
Pros
- Founded 1974 and part of a FTSE 100-listed group
- Regulated in more top-tier jurisdictions than most peers
- Accepts US clients through IG US (CFTC/NFA)
- Wide platform choice including ProRealTime
Cons
- No raw-spread forex account for retail clients
- Latest published EUR/USD average is from 2021
Our review
IG is one of the oldest and most heavily regulated retail brokers, with licences from the FCA, BaFin, ASIC, FINMA, MAS and more, and a US entity regulated by the CFTC and NFA. That breadth earns it a near-perfect regulation score.
Costs are less transparent: forex is spread-only, and the most recent average EUR/USD spread IG publishes dates from early 2021, so we've scored costs conservatively.
Score breakdown: Regulation 35/35, Costs 18/25, Platforms 15/15, Access 9/10, Track record 14/15.