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 comes out ahead of FxPro on commissions and fees, especially for active and high-volume traders. IG is rated 5 stars and ranked #7 out of 36 brokers for Commissions and Fees. While it is not a discount broker, IG offers competitive pricing on its Forex Direct DMA account, with EUR/USD spreads averaging 0.62 pips in July 2023 and an all-in cost around 0.82 pips after commission. Its CFD pricing is also fairly tight, with average spreads of 0.69 pips during the main trading session, plus volume-based rebates for qualifying traders that can lower costs further.
FxPro is pricier overall and is rated 4 stars with a ranking of #29 out of 36 brokers for Commissions and Fees. Its most competitive pricing is on the cTrader platform, where the effective EUR/USD cost is about 1.27 pips after factoring in commission. On MT4 and MT5, spreads are generally wider, with variable-spread EUR/USD pricing ranging from about 1.51 to 1.71 pips depending on execution type. FxPro does offer an Active Trader program with discounts of up to 30%, but even with those savings, it still tends to trail lower-cost rivals like IG.
In simple terms, IG is the better choice for traders looking for lower trading costs and stronger pricing for larger orders, while FxPro is better suited to those who want platform choice but can accept higher fees. If commissions and spreads matter most, IG has the edge.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Minimum Deposit | £1 | $100 |
| Average spread (EUR/USD) - Standard account | 0.91 | 1.6 |
| All-in Cost EUR/USD - Active | 0.82 | 1.3 |
| 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.
When it comes to investment choice, IG offers a wider selection than FxPro. IG provides access to 19,537 tradeable symbols and 97 forex pairs, compared with FxPro’s 2,249 symbols and 70 forex pairs. Both brokers support forex trading as either a CFD or spot contract, and both offer international exchange-traded securities. However, only IG lets clients buy and sell U.S.-listed shares directly, while FxPro does not.
IG also stands out for extras that can matter to everyday investors. It offers copy trading? No, but it does allow clients to buy actual cryptocurrency as well as crypto CFDs. FxPro offers crypto CFDs too, but not delivered crypto, and it does support copy trading. Overall, IG is rated 5 stars and ranked #4 out of 36 brokers for Range of Investments, while FxPro holds 4 stars and ranks #24, making IG the stronger pick for traders who want more market access.
| 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 give traders a wide range of platform choices, including free demo accounts, their own proprietary platforms, Windows desktop apps, web-based trading, and access to MetaTrader 4 and MetaTrader 5. Both also let users trade directly from a chart, which can make placing orders quicker and easier. For traders who want to test strategies or compare platform styles, either broker offers familiar tools across desktop and browser setups.
The main difference is copy trading: FxPro offers it, while IG does not. IG also stands out overall in this category, earning 5 out of 5 stars and ranking #1 out of 36 brokers for Trading Platforms and Tools on ForexBrokers.com, compared with FxPro’s 4-star rating and #18 ranking. If copy trading matters to you, FxPro has the edge; if you want the top-rated all-around platform experience, IG comes out ahead.
| 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) | Yes | 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 offer mobile trading apps for iPhone and Android, along with stock and forex price alerts, watchlist symbol syncing, trendline drawing, and auto-saving chart drawings. This means traders can move between the mobile app and their online account without losing track of watchlists or chart work, making both apps practical choices for trading on the go.
Where IG stands out is in charting quality and overall mobile app recognition. IG offers 33 technical studies in its app, earns a 5-star Mobile Trading Apps rating, and is ranked #1 out of 36 brokers by ForexBrokers.com. FxPro provides more technical studies at 65, but its mobile app is rated 4.5 stars and is ranked #15. In short, both apps cover the basics well, while IG appears stronger overall for mobile trading, and FxPro offers more chart indicators for users who want deeper analysis.
| 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 it comes to market research, IG has a slight edge over FxPro. Both brokers provide daily market commentary, news from major sources like Bloomberg and Reuters, a sentiment tool, and an economic calendar that tracks key global events. That said, IG adds more depth with Autochartist, TipRanks, and Acuity Trading tools, while FxPro stands out with Trading Central research instead.
These differences show up in the ratings, too. IG earns 5 stars for Research and ranks #2 out of 36 brokers at ForexBrokers.com, while FxPro scores 4 stars and ranks #23. For traders who want a wider range of research tools, IG offers more on this front, though FxPro still covers the core basics well.
| 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.
When it comes to beginner-friendly learning, IG comes out ahead of FxPro. IG offers forex and CFD education with at least 10 learning pieces, regular online client webinars, 10+ beginner videos, and 10+ advanced videos for more experienced traders. That wider mix of lessons helps new traders start with the basics and keep learning as they gain confidence. FxPro also provides forex and CFD education and has 10+ beginner videos, but it does not offer monthly educational webinars and does not match IG’s range of advanced video content.
That difference shows in the ratings too. IG is rated 5 stars for Education and ranks #7 out of 36 brokers in ForexBrokers.com’s Education category, while FxPro is rated 4 stars and ranks #17. For beginners who want more ways to learn online, IG is the stronger choice overall, especially if webinars and a deeper video library matter to you.
| 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 #20.
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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|---|---|---|
| Overall Rating |
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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 (FSA 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 CMA 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 | 0.91 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.82 | 1.3 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IG | FxPro | |
|---|---|---|---|
| Minimum Deposit | £1 | $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) | Yes | 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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