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. Neither sets a minimum deposit. 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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