FBS and IG are online forex brokers that offer their trading services to traders and investors. FBS is a regulated and trusted forex broker. It is regulated by multiple regulatory authorities including Cysec, ASIC, FSC-Belize. Similarly, IG is also a regulated broker which is regulated by ASIC, FCA, JFSA, SFC (Hongkong), FSCA, MAS, FMA, GmbH, FINMA. Both the brokers have their own strengths and weaknesses.
In this article, we will review and compare the brokerage services offered by FBS and IG. We will explore options such as regulations, reputations, fees, features, leverage, and more. Additionally, we will analyze and rate the brokers based on macro and micro categories and options. By reviewing these aspects, you will get a clear idea of which broker suits you best for your trading journey.
FBS vs IG: In a Nutshell
FBS
Established in 2009, FBS is one of the leading forex and CFD brokers, offering online trading services worldwide. It is a global brand with headquarters in Belize and regional offices in Cyprus and the Marshall Islands. FBS provides opportunities for trading forex, stocks, metals, energies, and indices. It has about 17 million clients and over 60 prestigious awards for excellent services. FBS.eu offers low spreads and split-second executions without requotes. FBS is one of the highest leverage forex brokers, with leverage up to 1:3000 for its global clients. The broker’s spreads start from 0.7 pips. To know more, you can read our review on FBS.
FBS Overview

- Founded In: 2009
- Founder: Satthakarn Chuenkomol
- Headquarters: Belize City, Belize
- Minimum Deposit: $5
- Maximum Leverage: 1:3000
- Regulations: ASIC, FSC, CySEC
- Trading platform: MT4, MT5, Webtrader
- Account Types: Standard, Cent, Pro
- Payment Options: VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay
- US Traders: Not Accepted
IG
Founded in 1974 as IG Index by British financier Stuart Wheeler, IG is a well-known forex and CFD broker. Based in the United Kingdom, IG offers online trading services, including spread betting and CFD trading. It provides access to over 100 forex currency pairs, CFDs, commodities, stocks, indices, gold, silver, oil, bitcoin, and other cryptocurrencies for personal investment and trading. As of 2021, IG had a market value of £2.9 billion and offered trading in 17,000 investment markets. Regulated by the Financial Conduct Authority (FCA), IG is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. To know more, read our review about IG.
IG Markets Overview

- Founded In: 1974
- Minimum Deposit: $250
- Maximum Leverage: 200:1
- Regulations: ASIC, FCA, FSA, NFA , AMF, FMA, MAS, DFSA
- Trading platform: MT4, WebTrader, MobileTrader (MobileApp), ProRealTime
- Account Types: Standard account, DMA Account
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, PayPal
- US Traders: Accepted
FBS vs IG: Key Features
FBS:
- Trading Instruments: Forex, Stock, Indices, Crypto, Metals, Energies, Forex Exotic.
- Maximum leverage: 1:3000
- Minimum Deposit: $5
- Account Types: Three ( Standard, Cent, Pro)
- Trading Fees: Spread starting from 1 pip for Standard Account and Cent Account
- PAMM/ MAM: Not available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
IG:
- Trading Instruments: 17,000+ trading instruments including forex, indices, cryptocurrencies, shares, commodities, bonds, options, etc
- Maximum leverage: 30:1 to 200:1 ( dependent on Jurisdiction and Tradable assets)
- Minimum Deposit: No Minimum Deposit. However, the Minimum requires $250 if traders use credit/debit cards or PayPal
- Account Types: Ig Offers a couple of account types including Standard Accounts, Limited Risk Accounts, Spread Betting Accounts, Options Trading Accounts, Turbo24 Accounts, Share Dealing Accounts, Professional Accounts, etc
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
FBS vs IG: Pros and Cons
FBS:
- Regulated by the CySEC, ASIC, FSCA South Africa, and FSC Belize.
- The Maximum Leverage is as high as 1:3000
- The Minimum deposit is $5
- Trading is on the MT4, MT5, and FBS trader platforms.
- There is an account type to suit newbies, experienced, and pro traders.
- Low spreads, high leverage, and fast order executions
- Easy and fast account opening
- Forex Guidebook, Forex Intensive, trading ideas, webinars, and other training resources are provided.
- Tradable assets are not much, especially when compared to other top brokers.
- Daily Market news and analysis on FBS.eu are not regularly updated.
- No premium trading tools to assist traders.
- No investor protection for non-EU Clients
- Managed Accounts & Social Trading is unavailable
- Few Account Base Currencies
IG:
- Regulated by multiple top tire regulators like NFA, FCA, ASIC, FSA, AMF, FMA, MAS, DFSA
- Allows scalping, EA/ Robot Trading, News Trading
- Offers web trading, mobile trading and ECN Trading
- IG's acquisition of tastytrade for $1 billion brought options trading and listed-derivatives (such as futures) trading to clients in the United States
- 16,000 trading instruments, investments in IPOs and exchange-traded funds;
- Quality choice of trading platforms, including MT4, WebTrader, MobileTrader (MobileApp), ProRealTime
- Relatively good spreads, from 0.6-1 pips depending on the type of instrument;
- Offers passive investment programme ( MAM, PAMM accounts)
- Relatively high Minimum deposit ( Min Deposit $250)
- Conservative leverage in some areas ( The max leverage is 1:200)
- IG charges $/£12/€14 per month after 24 months of inactivity
- Limited product range on MT4
- High Stock CFD fees
FBS vs IG: Side-by-Side Comparison


FBS Vs IG: Our Scores and Ratings
We rated both brokers, FBS and IG, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
FBS :
IG:
Final Verdict :
Both FBS and IG.com offer similar trading services globally and are regulated forex brokers. The minimum lot size for both is as low as 0.1. However, there are some differences between them.
For example, FBS is regulated by 3 regulatory authorities, including ASIC, CySEC, FSA, while IG.com is regulated by 9 regulatory authorities, including ASIC, FCA, JFSA, SFC (Hongkong), FSCA, MAS, FMA, GmbH, FINMA. The trading cost for FBS is 0.7 pips spread, whereas IG.com’s trading cost is 0.6 points on key FX pairs, 0.8 points on major indices, and 0.1 points on commodities.
FBS cannot accept US clients as it is not regulated in the USA, while IG.com, being a US-regulated forex broker, can accept clients from both the US and around the world.
Our score for IG.com is 9, and for FBS, it is 8.8 (according to our expert ratings, brokers that achieve a score of 8.00 or higher are considered safe and trustworthy).
Therefore, FBS is most suited and trusted for non-US traders. However, if you are a US trader seeking a trusted and regulated forex broker, IG.com is a perfect choice.