FXCM vs IG: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFXCMIG
Licence Score72Strong93Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record411
1 FCA United Kingdom Licensed · FRN 217689Licensed · FRN 195355
1 ASIC Australia LicensedLicensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore —Licensed
1 BaFin Germany —Licensed
1 FINMA Switzerland —Licensed
2 CySEC Cyprus Licensed—
2 FSCA South Africa LicensedLicensed · FSP 41393
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand —Licensed
3 BMA Bermuda —Licensed
Founded19991974
HeadquartersUnited KingdomUnited Kingdom
TypeForex & CFD brokerSpread betting & CFD provider
Publicly listedNoLSE:IGG
PlatformsProprietary, MT4, TradingViewProprietary, MT4, ProRealTime, TradingView
Minimum depositUS$50No minimum
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Frequently asked questions

Is FXCM or IG better regulated?

IG has the higher Licence Score (93 vs 72), based on the number and tier of licences, operating history and public listing.

Which regulators license both FXCM and IG?

Both are matched to licences from ASIC, FCA and FSCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.