IG vs Interactive Brokers (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

IG

Trust rank #15 · Founded 1974

IG is a well-regarded forex broker that provides broad access to currency pairs, multiple trading platforms, and extensive research and education within a regulated framework. It emphasizes transparent pricing, diverse order types,…

Read the IG review

Interactive Brokers

Trust rank #2 · Editorial rating 10 / 10 · Founded 1977

Interactive Brokers is a well-regarded forex broker providing broad access to currency pairs, advanced trading platforms, and research and risk management tools. It supports multi-asset trading and a wide range of order…

Read the Interactive Brokers review

IG (United Kingdom, founded 1974) holds 13 regulatory licences (ASIC, BaFin, BMA, CFTC, Deutsche Bundesbank…), 9 of them tier-1, offers MT4, Proprietary, ProRealTime and sits in our low-fee bracket. Interactive Brokers (United States, founded 1977) holds 15 regulatory licences (ASIC, CBI, CFTC, CIRO, CSSF…), 10 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 216 countries; IG is available in 14 countries where Interactive Brokers is not, and Interactive Brokers in 2 where IG is not.

Verdict at a glance

  • IG leads on track record, platform choice and country coverage.
  • Interactive Brokers leads on trust rank, regulatory coverage and tier-1 licences.
  • Level on instrument range and fee level.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

IG vs Interactive Brokers: side-by-side data

CriteriaIGInteractive Brokers
Editorial ratingNot verified10 / 10
Trust rank#15#2
Founded19741977
HeadquartersUnited KingdomUnited States
RegulatorsASIC, BaFin, BMA, CFTC, Deutsche Bundesbank, DFSA, FCA, FINMA, FMA, FSCA, JFSA, MAS, NFAASIC, CBI, CFTC, CIRO, CSSF, DFSA, FCA, FINRA, JFSA, MAS, MNB, NFA, SEBI, SEC, SFC
Broker typeMarket MakerDMA
PlatformsMT4, Proprietary, ProRealTimeProprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted230 countries218 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesProfessional Trading, Retail TradingProfessional Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

IG

  • Tier-1 regulation (FCA, ASIC, NFA/CFTC) with segregated client funds
  • Competitive spreads and deep liquidity
  • Fast, reliable execution and high uptime
  • Advanced platforms (IG web/mobile, MT4, ProRealTime) with GSLO and advanced order types
  • Wide FX pair coverage and strong research/education

Interactive Brokers

  • Transparent commission-based FX pricing with tight spreads
  • Aggregated multi-bank liquidity (IDEALPRO)
  • Professional platforms (TWS) and institutional APIs (FIX/REST)
  • Advanced risk management with real-time margin analytics
  • Universal multi-asset account for FX hedging and settlement

Cons

IG

  • No MetaTrader 5 or cTrader support
  • Inactivity fee for dormant accounts
  • DMA/L2 access restricted to professional clients
  • Leverage capped by regional regulations
  • Market-maker model for retail accounts

Interactive Brokers

  • No MT4/MT5 support
  • Steep learning curve
  • Commission-based FX pricing
  • 25k IDEALPRO minimum order size
  • Limited funding methods

Key features

IG

  • Top tier regulation and segregated client funds
  • Negative balance protection and guaranteed stop loss
  • CFDs spread betting and options on forex indices commodities shares and crypto
  • Advanced trading platforms IG web and mobile MetaTrader 4 and ProRealTime
  • Fast execution deep liquidity and competitive spreads
  • API and algorithmic trading support

Interactive Brokers

  • Agency model with direct market access to multiple liquidity providers
  • Spot forex and forex CFDs across major and minor pairs
  • Trader Workstation FXTrader with advanced order types and depth of market
  • Smart order routing and transparent interbank pricing with commissions
  • FIX and REST API support for algorithmic forex trading
  • Two factor authentication IB Key and top tier global regulation

Country availability: IG vs Interactive Brokers

Available at both (216): Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Cabo Verde, Cambodia, Cameroon, Canada, Cayman Islands, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia and 176 more.

Only IG (14): Afghanistan, Burundi, Central African Republic, Congo, Iraq, Libya, Nauru, Nigeria, Sierra Leone, Somalia, South Sudan, Venezuela, Yemen, Zimbabwe.

Only Interactive Brokers (2): Belgium, United States of America.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

IG vs Interactive Brokers: common questions

Which broker is more regulated, IG or Interactive Brokers?

Interactive Brokers holds more regulatory licences: IG (ASIC, BaFin, BMA, CFTC, Deutsche Bundesbank, DFSA, FCA, FINMA, FMA, FSCA, JFSA, MAS, NFA) versus Interactive Brokers (ASIC, CBI, CFTC, CIRO, CSSF, DFSA, FCA, FINRA, JFSA, MAS, MNB, NFA, SEBI, SEC, SFC). Tier-1 licences: IG 9, Interactive Brokers 10.

Which trading platforms do IG and Interactive Brokers offer?

IG offers MT4, Proprietary, ProRealTime; Interactive Brokers offers Proprietary.

Which has lower fees, IG or Interactive Brokers?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, IG or Interactive Brokers?

IG is the older of the two, founded in 1974; Interactive Brokers was founded in 1977.

Are IG and Interactive Brokers available in the same countries?

They overlap in 216 countries. IG is additionally available in 14 countries (Afghanistan, Burundi, Central African Republic, Congo, Iraq, Libya and 8 more) and Interactive Brokers in 2 countries (Belgium, United States of America).

Keep comparing

IG

Interactive Brokers

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.