Compare

IG vs XM

Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.

IG rating

4.7

XM rating

4.5

Score gap

4 pts

Matchup

Head to head

Winners by category

Pricing & spreads

IG leads— Edge for IG (91.6 vs 87.6).

Regulation breadth

IG leads— Edge for IG (95.0 vs 73.0).

User experience

IG leads— Edge for IG (73.3 vs 70.3).

Editorial composite

IG leads— Edge for IG (104.1 vs 99.5).

Full comparison table

Rating

4.7

4.5

Model score

Regulation

FCA (UK), ASIC (Australia), CFTC/NFA (USA), MAS (Singapore), FINMA (Switzerland), JFSA (Japan), DFSA (Dubai), FMA (New Zealand)

ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize)

Spreads

Spreads start from 0.6 pips on EUR/USD for standard accounts, and down to 0.1 pips via Forex Direct (DMA). High-speed execution with smart order routing.

Spreads start from 0.6 pips on XM Ultra Low accounts. 99.35% of orders executed in under 1 second with no requotes or order rejections.

Fees

Forex & Indices CFD pricing is spread-only with standard EUR/USD spreads averaging around 0.6 – 0.8 pips. Share CFDs incur low regional commissions (e.g., US shares at $0.02/share). No deposit or withdrawal fees.

XM Ultra Low Account: Spread-only pricing from 0.6 pips with zero commissions. Standard & Micro Accounts: Spreads start from 1.0 pips with no commission. Shares Account: Commission-based equity trading.

Platforms

IG Web Platform, IG Mobile App, MetaTrader 4 (MT4), TradingView, ProRealTime, L2 Dealer (DMA)

MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App

Account types

CFD Account, Spread Betting (UK), Share Dealing, Options & Barriers, Professional Account, Demo

Micro, Standard, XM Ultra Low, Shares Account, Swap-Free (Islamic), Demo

Min deposit

$0 / £1 (bank transfer/card) Varies by region

Topic	IG	XM
Rating	4.7	4.5
Model score	90	86
Regulation	FCA (UK), ASIC (Australia), CFTC/NFA (USA), MAS (Singapore), FINMA (Switzerland), JFSA (Japan), DFSA (Dubai), FMA (New Zealand)	ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize)
Spreads	Spreads start from 0.6 pips on EUR/USD for standard accounts, and down to 0.1 pips via Forex Direct (DMA). High-speed execution with smart order routing.	Spreads start from 0.6 pips on XM Ultra Low accounts. 99.35% of orders executed in under 1 second with no requotes or order rejections.
Fees	Forex & Indices CFD pricing is spread-only with standard EUR/USD spreads averaging around 0.6 – 0.8 pips. Share CFDs incur low regional commissions (e.g., US shares at $0.02/share). No deposit or withdrawal fees.	XM Ultra Low Account: Spread-only pricing from 0.6 pips with zero commissions. Standard & Micro Accounts: Spreads start from 1.0 pips with no commission. Shares Account: Commission-based equity trading.
Platforms	IG Web Platform, IG Mobile App, MetaTrader 4 (MT4), TradingView, ProRealTime, L2 Dealer (DMA)	MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App
Account types	CFD Account, Spread Betting (UK), Share Dealing, Options & Barriers, Professional Account, Demo	Micro, Standard, XM Ultra Low, Shares Account, Swap-Free (Islamic), Demo
Min deposit	$0 / £1 (bank transfer/card) Varies by region	$5