FXCC vs IG Index

FXCC or IG – which is better for UK traders 2026? Compare FXCC and IG in this detailed breakdown of their platforms, features and fees.

FXCC vs IG Comparison Table 2026
FXCC IG
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4.6
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4.5
FXCC is ranked #25 among CFD brokers. IG is ranked #6 among CFD brokers.
Review
Review
FXCC, established in 2010, provides affordable online trading. It operates under Comoros Union registration and CySEC regulation. The broker excels with its ECN trading, no minimum deposit requirement, and swift, under-five-minute account setup. Established in 1974, IG is a unit of IG Group Holdings Plc, listed on the LSE as IGG. It provides access to over 17,000 markets through intuitive platforms and apps. For half a century, IG has remained an industry leader, excelling in all vital aspects for traders.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Pros
  • Over the years, FXCC has expanded its offerings, incorporating MT5 into its platforms, adding hundreds of stocks and more cryptocurrencies, introducing a copy trading feature, and enhancing margin trading options.
  • FXCC's ECN XL account caters to active traders, offering 0.0 spreads with no commission. It also meets our benchmark for execution speed.
  • FXCC offers algo traders a competitive edge with free VPS for eligible users and the capability to create or purchase EAs on MetaTrader.
  • Customer support remains reliant on human agents, delivering live chat responses in under three minutes during our tests. The knowledgeable representatives provide a refreshing alternative to the often frustrating AI chatbots more commonly used by brokers.
  • IG excels with its diverse instruments, offering stocks, forex, indices, commodities, and cryptocurrencies. Additionally, it provides US-listed futures, options, and an AI Index, ensuring varied diversification opportunities.
  • IG secured a crypto asset license from the FCA, enabling its return to the UK market. It now offers buying, selling, and storage services for over 55 digital tokens with fees starting at 1.49%, all under FCA regulation.
  • The web-based platform supports traders at every level, offering advanced charting tools and real-time market data vital for trading. Additionally, IG now includes TradingView integration.
  • The IG app provides an excellent mobile trading experience with an intuitive design, earning it the Runner Up position in our 'Best Trading App' award.
  • As a seasoned broker, IG adheres to stringent regulatory standards across various regions, ensuring significant trust.
  • IG provides a wide range of professional and engaging educational materials, such as webinars, articles, and analyses, tailored for traders.
  • The ProRealTime advanced charting platform remains free, provided traders meet modest monthly activity requirements.
Cons
  • FXCC's offshore entity is regulated by MISA, not CySEC, and faces minimal oversight. It may lack protections such as investor compensation if the broker goes insolvent.
  • Despite improvements to the economic calendar, FXCC provides limited market research, restricted to basic daily technical analysis and aggregated news. It lacks tools such as Autochartist and social sentiment data.
  • FXCC imposes high withdrawal fees on numerous payment methods, such as $45 for bank transfers and a 2% charge on cryptocurrency transactions. This may reduce the returns for traders who frequently withdraw funds.
  • While FXCC has expanded its market offerings to include US, European, and Asian stocks, its selection of metals and energies is limited, and soft commodities are absent.
  • Beginners may find IG's fees complicated, as they vary depending on the trades or services. This could cause confusion and unexpected costs.
  • In the UK and EU, negative balance protection is available. However, US clients lack account protection and guaranteed stop losses.
  • IG has ended its swap-free account, diminishing its attractiveness to Islamic traders.
  • Based on tests, stock and CFD spreads remain less competitive than the lowest-cost brokers, such as CMC Markets.
  • IG imposes a monthly inactivity fee of $12 after two years, discouraging occasional traders.
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, MISA CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA
Mobile Apps
iOS & Android iOS & Android
Trading App
FXCC enhances mobile trading with the MT4 app available on iPhone, iPad, and Android. It offers robust charting with 30 indicators, 9 timeframes, and 3 chart types, ideal for traders. Seamless trading through an FXCC ECN XL account involves only 3 straightforward steps. The app enables flexible trading across over 70 currency pairs and diverse global markets anytime, anywhere. IG provides an excellent trading app. As a mobile trading pioneer, it has evolved over the years into a top-tier app. Expect swift responses, an intuitive interface, comprehensive charting, and dependable performance. Additionally, it includes guaranteed stops, a crucial risk management feature absent in many apps we've evaluated.
iOS App Rating
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4.8
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4.6
Android App Rating
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4.4
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4
Margin Trading
Yes Yes
Margin Rate
1.0% – 1.5% for Forex, 3.0% – 3.4% for Shares, Indices, and Commodities
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
Yes No
ECN Account
Yes No
DMA Account
No Yes
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime
Copy Trading
Yes No
Copy Trading Platform
FXCC is ideal for copy traders acquainted with MetaTrader. Select traders using performance metrics like drawdowns and returns. Manage strategy providers' mirroring by account balance or equity.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$5 $12
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • SEK
  • DKK
  • CHF
  • HKD
  • SGD
Commodities
  • Gold
  • Silver
  • Precious Metals
  • Platinum
  • Palladium
  • Oil
  • Gold
  • Copper
  • Oil
  • Palladium
  • Silver
  • Sugar
  • Coffee
  • Wheat
  • Natural Gas
  • Soybeans
  • Orange Juice
  • Nickel
  • Steel
  • Iron
  • Precious Metals
  • Aluminium
  • Lithium
  • Cannabis
  • Lean Hogs
  • Cattle
CFD
FXCC provides a modest selection of CFDs in metals, energies, and indices, but boasts hundreds of equities and over two dozen cryptocurrencies. The ECN XL account imposes no constraints on CFD trading strategies. MetaTrader supports this with strong charting tools and risk management features, such as take profit and stop-loss orders. IG provides over 17,000 CFDs, giving traders more opportunities than most brokers. Investors can trade long or short on key markets such as equities, forex, commodities, and cryptocurrencies. Additionally, customised price alerts and the IG Academy enrich the trading experience.
Leverage
1:1000 (Exceeds FCA limits; high risk) 1:30 (Retail), 1:222 (Pro)
FTSE Spread
1.10 1.0
GBPUSD Spread<
0.4 0.9
Oil Spread
0.035 2.8
Stocks Spread
0.17 (Apple) 0.02
Forex
FXCC champions its competitive forex trading environment. ECN spreads can drop to an impressive 0.0 pips during busy trading periods. Offering more variety than many competitors, it supports over 70 currency pairs. Furthermore, traders benefit from MT4, renowned for its exceptional charting capabilities, specifically designed for forex trading. IG provides an extensive selection of over 80 currency pairs through its own web platform, mobile app, or MetaTrader 4. For advanced charting and forex analysis, the ProRealTime software is available. Testing shows forex spreads are competitive, beginning at 0.1 pips on major pairs such as EUR/USD.
Assets
70+ 80+
GBPUSD Spread
0.4 0.9
EURUSD Spread
0.1 0.8
EURGBP Spread
0.4 0.9
Currency Indices
  • USD
Cryptocurrency
FXCC has expanded its cryptocurrency offerings from fewer than 10 to over 30. There are no limitations on trading strategies, and Expert Advisors (EAs) are allowed. Trade digital currencies round the clock, commission-free, with leverage as high as 1:20. IG provides an expanding range of over 100 crypto CFDs and digital assets for trading and storage. Distinguished by its crypto index, it monitors the top 10 digital currencies by market cap, offering a comprehensive market speculation approach. In the UK, its crypto options were enhanced by obtaining an FCA digital asset license, allowing regulated trading and investment in popular crypto coins. Additionally, IG has broadened its spot crypto services to Australia, France, and Singapore.
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XMR
  • DASH
  • XRP
  • ALG
  • ATO
  • AVE
  • AVX
  • AXS
  • BNB
  • BSV
  • CKE
  • DOT
  • ENJ
  • FTM
  • LNK
  • MEL
  • MNA
  • MTC
  • SHB
  • SND
  • SNX
  • SOL
  • TRP
  • UNI
  • WAV
  • XTZ
  • YFI
  • BTC
  • ETH
  • SOL
  • XRP
  • BCH
  • ADA
  • TIA
  • LINK
  • EOS
  • HBAR
  • ICP
  • LTC
  • NEAR
  • NEO
  • ONDO
  • PEPE
  • DOT
  • POL
  • SHIB
  • XLM
  • SUI
  • TRX
  • TON
  • UNI
  • DOGE
  • AAVE
  • APT
  • ARB
  • AVAX
  • CRYPTO10
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXCC IG
Review
Review
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
More Comparisons
FXCC
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