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IG Index vs M4Markets

IG Index or M4Markets – which is better for UK traders 2025? Compare IG Index and M4Markets in this detailed breakdown of their platforms, features and fees.

IG Index vs M4Markets Comparison Table 2025
IG Index	M4Markets

4.7	3.6
IG Index is ranked #7 among CFD brokers.	M4Markets is ranked #32 among CFD brokers.
Review	Review
Founded in 1974, IG is a part of IG Group Holdings Plc, a publicly listed brokerage (LSE: IGG). The company provides spread betting, CFD, and forex trading, offering access to over 17,000 markets. Its platforms and investing apps are notably user-friendly. Over the past 50 years, IG has consistently been an industry leader, excelling in all essential areas for traders.	M4Markets, a distinguished broker, operates under the regulation of CySEC, FSA, and DFSA. Despite its recent emergence in the market, M4Markets constantly enhances its services with cutting-edge tools, platforms, and account options. Novices can begin trading with a minimum of $5, whereas seasoned traders benefit from leverage as high as 1:5000.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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
IG stands out with its extensive range of instruments, offering stocks, forex, indices, commodities, and cryptocurrencies. Additionally, it has recently introduced US-listed futures and options, along with an AI Index. These options enhance opportunities for diversification in trading. 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.	M4Markets is a cost-effective brokerage, providing spreads starting at 0.0 pips with no commission charges, and an approachable minimum deposit of just $5. Execution speeds are rapid, averaging 30 ms, which we classify as fast and ideal for traders given that any speed under 100 ms caters well to active trading needs. The broker provides various automated trading options, such as a copy trading service and MAM/PAMM accounts. A variety of global payment options are available, all free from deposit or withdrawal charges. Reliable customer support is available 24/5 through live chat, phone, and email in 10 languages. M4Markets possesses various international licences, such as those from CySEC and DFSA.
Cons
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.	The educational resources lag behind leading brokers, offering just a limited range of eBooks and webinars. With approximately 200 investment options, the range is limited when contrasted with leading brokers who typically provide over 1,000 choices. M4Markets does not provide rebate schemes or incentives for active traders.
Awards
Best Customer Service 2022 - Online Money Awards Best Spread Betting Provider 2022 - Online Money Awards Best Platform for the Active Trader 2022 - ADVFN International Financial Awards Best Multi Platform Provider 2022 - ADVFN International Financial Awards Best Finance App 2022 - ADVFN International Financial Awards	Best Deposits & Withdrawals Broker, Fazzaco Most Transparent Broker, World Finance Awards Best Trading Conditions Broker Global, International Business Magazine
FCA Regulated
Yes	No List of FCA Regulated Brokers
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting	Forex, CFDs, Indices, Shares, Commodities, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$0	$5
Payment Methods
Credit Cards Debit Card Mastercard PayPal Visa Wire Transfer	FasaPay Mastercard Neteller PayRedeem Perfect Money Skrill STICPAY Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB, AFM	FSA, CySEC
Mobile Apps
iOS & Android	Yes
Trading App
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
4.6	2.8
Android App Rating
4	2.8
Margin Trading
Yes	No
Margin Rate
2.5%
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
Yes	No
STP Account
No	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
Yes	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Auto Trading
Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime	Yes (APIs)
Copy Trading
No	Yes
Copy Trading Platform
	M4Markets offers an accessible trading service for novices eager to replicate strategies and for seasoned investors aiming to mentor. The service integrates seamlessly with your trading platform and operates round-the-clock.
Social Trading
No	Yes
Trade Signals
Yes	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$12
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD JPY ZAR SEK DKK CHF HKD SGD	USD EUR GBP JPY ZAR
Commodities
Gold Copper Oil Palladium Silver Sugar Coffee Wheat Natural Gas Soybeans Orange Juice Nickel Steel Iron Precious Metals Aluminium Lithium Cannabis Lean Hogs Cattle	Gold Silver Oil
CFD
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.	M4Markets provides CFD trading options in forex, stocks, indices, commodities, and cryptocurrencies. Traders have access to advanced charting platforms featuring various order types and integrated indicators. Additionally, the platform offers a robust array of data analysis tools from the trusted provider, Acuity.
Leverage
1:30 (Retail), 1:222 (Pro)	1:1000
FTSE Spread
1.0	From 0.01
GBPUSD Spread<
0.9	Raw from 0.0 pips
Oil Spread
2.8	From 0.01
Stocks Spread
0.02	N/A
Forex
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.	M4Markets provides over 45 currencies with zero pip spreads. The broker is a solid option for forex traders due to its low latency and 30-millisecond execution speeds. Furthermore, traders can implement any strategy, such as scalping, without limitations.
Assets
80+	50
GBPUSD Spread
0.9	Raw from 0.0 pips
EURUSD Spread
0.8	Raw from 0.0 pips
EURGBP Spread
0.9	Raw from 0.0 pips
Currency Indices
USD
Cryptocurrency
IG offers a limited range of 11 crypto CFDs, lagging behind leading brokers such as Vantage, which provides access to over 40 tokens. Nonetheless, IG distinguishes itself with its crypto index, tracking the top 10 digital currencies by market capitalisation. This index offers traders a comprehensive method to speculate on the overall value of the crypto market.	M4Markets provides a solid selection of 15 cryptocurrency CFDs paired with USD. With an initial investment of just $5, traders can benefit from commission-free crypto transactions. The average BTCUSD spread is approximately 14.1, competitive and comparable to leading low-cost crypto brokers.
Spread
Variable	From 0.0 pips
Coins
BTC BCH LTC ETH ADA DOT DOGE LINK UNI XLM	BTC ETH LTC XRP DOGE DASH XMR OMG NEO QTUM ZEC DOT SOL ETX AXS
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

IG Index	M4Markets
Review	Review
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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.
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