IG vs MG FOREX
A side-by-side look at IG and MG FOREXusing the data we hold on each — score, regulators, platforms, minimum deposit, spreads and leverage. Blank fields mean we have nothing verified on record, not a “no”.
MG FOREX
Score 7.6Competitive forex and CFD trading for beginners and pros alike
IG vs MG FOREX: the short verdict
IG carries the higher overall score of the two — 8.26 against MG FOREX's 7.6. IG lists more regulators than MG FOREX (10 to 1), including ASIC, BaFin and CySEC. Both run on MetaTrader 4. IG additionally lists Proprietary platform and TradingView; MG FOREX lists MetaTrader 5. IG is the longer-established of the two, trading since 1974 against 1992 for MG FOREX.
Side-by-side comparison
| Feature | IG | MG FOREX |
|---|---|---|
| Min Deposit | €0 | $0 |
| Raw Spread | Undisclosed | 100$ |
| Max Leverage | Varies by jurisdiction and account type | 400:1 |
| Regulations | ASIC, BaFin, CySEC, +7 others | FCA |
| Platforms | MetaTrader 4, Proprietary platform, +1 others | MT4, MT5 |
| Islamic Acc | No | No |
| Copy Trading | No | Yes |
| Overall rating | 8.26 | 7.6 |
This comparison is an independent directory listing, not financial advice or a recommendation. Trading forex and CFDs carries a significant risk of loss. Always verify a broker's regulatory status with the official authority before depositing.
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