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 | 0.98 | 1.51 |
| All-in Cost EUR/USD - Active | 0.82 | 1.27 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IG offers a wider range of investments than FxPro. IG lists 19,537 tradeable instruments and 97 forex pairs, compared with FxPro’s 2,249 symbols and 70 pairs. Both brokers support forex trading as CFDs or spot. For Range of Investments, ForexBrokers.com rates IG at 5 stars (ranked #4 of 63) and FxPro at 4 stars (ranked #29).
For stocks, IG lets you buy real shares on U.S. exchanges (including names like Apple) as well as on international markets. FxPro offers real international shares, but not U.S.-listed stocks. In crypto, IG supports both buying actual coins and trading crypto derivatives, while FxPro offers crypto derivatives only. If you want copy trading, FxPro has it; IG does not.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 19537 | 2249 |
| Forex Pairs (Total) | 97 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | 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.
Both IG and FxPro provide users the opportunity to practice trading with their respective free virtual demo accounts. Each broker offers a proprietary platform for tailored trading experiences, and their trading platforms are accessible via Windows-based desktop downloads and web browsers. Both platforms support MetaTrader 4 (MT4), popular among traders, but only FxPro offers access to the more advanced MetaTrader 5 (MT5). When it comes to copying trading strategies, FxPro provides this feature, while IG does not. Neither platform supports DupliTrade or ZuluTrade, but trading directly from stock charts is possible with both brokers.
Chart enthusiasts might appreciate that IG offers 20 drawing tools for charting, whereas FxPro goes slightly higher with 25 options. Regarding watch lists, IG offers five columns for fields, compared to FxPro's six columns. Both platforms are highly praised, yet IG slightly leads the charge with a five-star rating for Trading Platforms and Tools, whereas FxPro earns four stars in the same category. In terms of industry recognition, IG ranks as the second-best out of 63 brokers according to ForexBrokers.com, significantly higher than FxPro, which holds the 17th position.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 33 | 53 |
| Charting - Drawing Tools (Total) | 20 | 25 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 5 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both IG and FxPro offer solid options for iPhone and Android users, including essential features like stock and forex price alerts, as well as convenient syncing of watchlists between mobile and online accounts. This syncing capability ensures seamless transitions between devices, allowing any changes made in one location to reflect in another. Moreover, both platforms enable traders to draw trendlines on charts, explore multiple time frames, and automatically save any chart drawings. Essential for keeping a pulse on the market, both apps allow users to create personalized watchlists with real-time quotes.
While both IG and FxPro have strong offerings, IG stands out with a higher rating of 5 stars compared to FxPro's 4.5 stars. IG also boasts an impressive first-place ranking among 63 brokers in the Mobile Trading Apps category according to ForexBrokers.com, whereas FxPro is positioned at 15th. Traders looking for more advanced technical analysis tools might prefer FxPro, as it provides 65 technical studies compared to IG's 33. Ultimately, whether you prioritize advanced charting or a top-rated overall experience, both platforms offer excellent mobile solutions for today's trader.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 33 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners, IG and FxPro both provide valuable content, but IG distinguishes itself with a broader offering. Both brokers deliver a variety of educational pieces that focus on forex and CFDs, ensuring learners have ample material to explore. However, IG goes a step further by offering regular live webinars for clients, creating opportunities for real-time learning and interaction—an option that FxPro does not provide. Additionally, both brokers maintain searchable archives of past webinars, granting easy access to previously recorded sessions for convenient learning at any time.
IG excels further with a vast array of beginner and advanced educational videos, catering to a wide range of learning needs. While both brokers offer at least ten beginner-friendly videos, only IG provides an equally comprehensive selection for advanced traders. Furthermore, both IG and FxPro present investor dictionaries to help learners understand key trading terms. With these offerings, IG is recognized with a five-star education rating and is ranked as the top provider in this category by ForexBrokers.com, while FxPro holds a respectable four-star rating and ranks 18th among its peers.
| Feature |
IG
|
FxPro
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
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
|
FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 93 |
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While both IG and FxPro offer the ability to trade cryptocurrency derivatives, only IG provides the option to purchase actual delivered cryptocurrencies.
Both IG and FxPro provide a variety of options for depositing and withdrawing funds, including ACH or SEPA transfers, PayPal, Visa or Mastercard, and bank wires, but only FxPro supports Skrill as an additional payment method.
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/Central Bank 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | 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 | 0.98 | 1.51 | |
| All-in Cost EUR/USD - Active | 0.82 | 1.27 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | IG | FxPro | |
|---|---|---|---|
| Minimum Deposit | £250.00 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | IG | FxPro | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | IG | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 5 | 6 | |
| Charting - Indicators / Studies (Total) | 33 | 53 | |
| Charting - Drawing Tools (Total) | 20 | 25 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 33 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | IG | FxPro | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | IG | FxPro | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | IG | FxPro | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| 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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