FXFlat 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.

AttributeFXFlatIG
Licence Score60Moderate93Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record111
1 FCA United Kingdom —Licensed · FRN 195355
1 ASIC Australia —Licensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore —Licensed
1 BaFin Germany LicensedLicensed
1 FINMA Switzerland —Licensed
2 FSCA South Africa —Licensed · FSP 41393
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand —Licensed
3 BMA Bermuda —Licensed
Founded20041974
HeadquartersGermanyUnited Kingdom
TypeForex & CFD brokerSpread betting & CFD provider
Publicly listedNoLSE:IGG
PlatformsMT4, MT5, ProprietaryProprietary, MT4, ProRealTime, TradingView
Minimum deposit—No minimum
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Frequently asked questions

Is FXFlat or IG better regulated?

IG has the higher Licence Score (93 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both FXFlat and IG?

Both are matched to licences from BaFin.

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.