FXOpen
ECN legacy broker ★ ★ ★ ★★ ★ 3.8
Needs fresh English review before stronger recommendation
FXOpen vs IG
A side-by-side look at FXOpen and IG — score, fees, platforms and who each one actually fits best.
IG
Global #1 by trust score ★ ★ ★ ★ ★ 4.5
Ranked #1 overall by ForexBrokers.com for 8 years running; Tier-1 regulated in 8 jurisdictions. No partner relationship yet — affiliate terms need checking before promoting.
Quick verdict
IG scores higher overall (4.5 vs 3.8), but a higher score doesn't automatically mean it's the right pick for you.
FXOpen is the stronger fit for eCN-style forex trading and older MetaTrader workflows, while IG is built more around long track record, broad market access, institutional-grade trust.
Regulation: FXOpen — FCA, CySEC (194/13) - operating since 2005; ASIC licence discontinued 2024. IG — FCA, ASIC and 6 more Tier-1 regulators.
Minimum deposit: FXOpen — Depends on account type. IG — No minimum (varies by country).
Side by side
FXOpenIG
Best forECN-style forex trading and older MetaTrader workflowsLong track record, broad market access, institutional-grade trust
PlatformsMT4, MT5, TickTraderIG platform, MT4, ProRealTime
RegulationFCA, CySEC (194/13) - operating since 2005; ASIC licence discontinued 2024FCA, ASIC and 6 more Tier-1 regulators
Minimum depositDepends on account typeNo minimum (varies by country)
FXOpen strengths
- Long-running brand
- ECN positioning
- Existing affiliate tracking
IG strengths
- Highest trust score in the industry
- 8 Tier-1 regulators
- Founded 1974
Which one should you pick?
Pick FXOpen if you're mainly after eCN-style forex trading and older MetaTrader workflows. It stands out for long-running brand and eCN positioning.
Pick IG if you're mainly after long track record, broad market access, institutional-grade trust. It stands out for highest trust score in the industry and 8 Tier-1 regulators.
Common questions
FXOpen vs IG FAQ
Is FXOpen better than IG?
IG scores higher in our rating (4.5 vs 3.8), but FXOpen may still be the better fit if you specifically need eCN-style forex trading and older MetaTrader workflows.
What's the difference in regulation between FXOpen and IG?
FXOpen: FCA, CySEC (194/13) - operating since 2005; ASIC licence discontinued 2024. IG: FCA, ASIC and 6 more Tier-1 regulators.