Written by ForexBrokers.com
In this head to head comparison of IG vs FxPro, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.
When comparing online brokers IG and FxPro, it's clear that both have established their places in the financial trading world, albeit with different histories and structures. Founded in 1974, IG is a veteran in the industry, publicly traded, and operates as a bank. It holds an impressive 8 Tier-1 licenses and 2 Tier-2 licenses, contributing to the highest Trust Score of 99 by ForexBrokers.com, marking it as highly trusted. On the other hand, FxPro, founded in 2006, is not publicly traded but does operate as a bank. It holds 2 Tier-1 licenses and 1 Tier-2 license, earning a Trust Score of 93, also placing it within a category of high trust, albeit slightly behind IG.
Both brokers cater to traders who prioritize security and regulatory compliance, with IG's longevity and breadth of licenses offering a potentially more secure option for those who prioritize a long history and wide regulatory approvals. For traders seeking a trustworthy but newer option, FxPro remains a solid choice, reflecting substantial trust through its regulatory credentials, despite being a newer market entrant. Each broker provides reliable trading environments, though IG's extensive regulatory backing might appeal more to those valuing legacy and listed company status.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Year Founded | 1974 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | Yes |
| Tier-1 Licenses | 8 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
IG edges out FxPro on commissions and fees. IG earns 5 out of 5 stars and ranks #8 of 63 for this category at ForexBrokers.com, while FxPro scores 4 out of 5 stars and ranks #33 of 63. In plain terms, IG tends to be cheaper for frequent FX traders, especially if you qualify for its advanced pricing, whereas FxPro’s pricing is generally higher than the industry average even with its discounts.
IG offers two main ways to trade forex. On its spread-only CFD account, typical EUR/USD spreads averaged about 0.69 pips during main hours in July 2023 (0.98 pips across all sessions globally; 1.18 pips in the U.S.). High-volume clients can get 10%–20% spread rebates on the CFD account. IG’s DMA “Forex Direct” account uses commission-based pricing with average EUR/USD spreads of 0.62 pips (July 2023). Your all-in cost depends on your volume tier: at the best tier ($10 per million per side; $20 round-turn), the effective cost works out to about 0.82 pips. Lower tiers pay higher commissions. Minimum deposit for DMA is £1,000, and pricing scales with monthly volume.
FxPro provides multiple pricing models but tends to cost more. Its most competitive option is cTrader with commission-based pricing: the effective EUR/USD cost is roughly 1.27 pips (0.37-pip average spread plus a 0.9-pip commission equivalent). On MT4/MT5 with variable spreads, FxPro lists about 1.58 pips on MT4 market execution (1.51 pips on MT5) and 1.71 pips on instant execution. The Elite/Active Trader program offers up to a 30% discount, but even then FxPro typically trails top low-cost peers—and, in this comparison, IG—on total trading costs.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Minimum Deposit | £250.00 | $100 |
| Average spread (EUR/USD) - Standard account | 0.98 | 1.51 |
| All-in Cost EUR/USD - Active | 0.82 | 1.27 |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IG vs FxPro: for sheer market access, IG wins on range of investments. IG lists 19,537 tradeable symbols and 97 forex pairs, compared with FxPro’s 2,249 symbols and 70 pairs. Both let you trade forex as CFDs or spot. Reflecting its wider lineup, IG earns 5 stars and ranks #4 out of 63 brokers for Range of Investments, while FxPro holds 4 stars and ranks #29.
Asset availability differs in important ways. IG offers exchange-traded shares in the U.S. and on international markets, plus both real (delivered) cryptocurrency and crypto CFDs. FxPro supports international exchange-traded shares but not U.S. ones, and it offers crypto via CFDs only. If you want copy trading, FxPro has it and IG does not. For the broadest selection and access to U.S. shares and real crypto, IG is the stronger choice; for those prioritizing copy trading within a solid CFD lineup, FxPro fits the bill.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 19537 | 2249 |
| Forex Pairs (Total) | 97 | 70 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
IG and FxPro both cover the essentials for traders who want flexible, modern platforms. Each broker offers a free demo account, a proprietary platform, a Windows desktop app, a web-based platform, MetaTrader 4, and the ability to place trades straight from charts. According to ForexBrokers.com, IG earns 5 stars and ranks #2 out of 63 brokers for Trading Platforms and Tools, while FxPro earns 4 stars and ranks #17.
The biggest differences come down to extras. FxPro supports copy trading and offers MetaTrader 5, while IG does not offer copy trading and does not support MT5. If you value MT5 or copy trading, FxPro is a good fit. If you want higher-rated platform tools overall, IG has the edge. In either case, you can test-drive the experience first with each broker’s free demo account.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 33 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IG and FxPro both check the core boxes for on-the-go trading. Each offers an iPhone and Android app with forex and stock price alerts, watchlist syncing between mobile and web, and charting tools that let you draw trendlines and have your annotations auto saved. That means your symbols, alerts, and drawings carry with you across devices.
For charting depth, FxPro includes 65 technical studies in its mobile app, while IG offers 33. If you want more built-in indicators, FxPro has the edge. However, IG scores higher overall for mobile: it earns 5 stars and ranks #1 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, compared with FxPro’s 4.5 stars and #15. In short, choose FxPro for a larger indicator set, or IG for the top-rated mobile experience.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 33 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of online brokers IG and FxPro, both stand out for providing daily market commentary and forex news from respected sources like Bloomberg and Reuters. However, where IG truly distinguishes itself is with its partnership with Autochartist, offering advanced technical analysis and fundamental research tools. While FxPro lacks this particular feature, it compensates by providing tools from Trading Central for technical analytics. Both brokers provide sentiment-based trading tools, revealing market trends through the ratio of long and short positions across various instruments. Moreover, IG enhances its research repertoire with services from TipRanks and Acuity Trading, something FxPro does not offer.
Additionally, IG and FxPro both feature comprehensive economic calendars that keep traders informed of key global events. Despite these similarities, IG's market research earned it a five-star rating and a second-place ranking among 63 brokers on ForexBrokers.com, which highlights its superior position in this category. In comparison, FxPro received a four-star rating, occupying the 26th spot. This indicates that while both platforms are strong contenders, IG offers a slightly more extensive range of research tools and resources, positioning it as a top choice for those seeking in-depth market insights.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing forex and CFD education for beginners, both IG and FxPro offer helpful learning libraries and at least ten beginner-focused videos. IG adds more ways to learn, including monthly client webinars and a deep catalog of advanced videos that make it easier to move from the basics to more sophisticated topics. FxPro covers the fundamentals well for self-paced study, but it doesn’t run monthly educational webinars and doesn’t meet the same depth for advanced videos.
Independent ratings reflect this gap: IG earns 5 out of 5 stars and ranks #1 out of 63 brokers for Education at ForexBrokers.com, while FxPro holds 4 out of 5 stars and ranks #18. If you want a guided path with live sessions and advanced material, IG is the stronger choice for beginner traders; if you just need core lessons and starter videos, FxPro can still do the job.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IG is better than FxPro. IG finished with an overall rank of #1, while FxPro finished with an overall rank of #21.
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.
| Feature |
IG
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FxPro
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| Trust Score | 99 | 93 |
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IG vs FxPro: IG, the online broker, allows buying actual delivered cryptocurrency and trading cryptocurrency CFDs, whereas FxPro does not support delivered crypto purchases but does offer cryptocurrency CFDs.
Comparing online brokers IG and FxPro: both support ACH/SEPA transfers, PayPal, and bank wire deposits/withdrawals, but only FxPro offers Skrill, while Visa/Mastercard availability is not specified for either.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | IG | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | IG Review | FxPro Review |
| Broker Screenshots | IG | FxPro | |
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| Regulation | IG | FxPro | |
|---|---|---|---|
| Trust Score | 99 | 93 | |
| Year Founded | 1974 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 8 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | IG | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | IG | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IG | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 19537 | 2249 | |
| Forex Pairs (Total) | 97 | 70 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | IG | FxPro | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.98 | 1.51 | |
| All-in Cost EUR/USD - Active | 0.82 | 1.27 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IG | FxPro | |
|---|---|---|---|
| Minimum Deposit | £250.00 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | IG | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | IG | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 33 | 53 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | IG | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 33 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | IG | FxPro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | IG | FxPro | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | IG | FxPro | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | IG Review | FxPro Review |
| Overall | IG | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | IG Review | FxPro Review |
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