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Best IG Alternatives 2026

We ranked substitutes that actually make sense for IG users — prioritizing similar regulation, platform overlap, account fit, and obvious upgrade paths instead of recycling a generic top-brokers list.

IG scores 9.2/10 in our review model, which means this is not a “run away” page. It is a switch page. The shortlist below is tuned for traders who want something close in profile, but better on one of the usual pain points: costs, platform workflow, regulation, or product depth.

The top match right now is CMC Markets, because it overlaps most cleanly with IG on platform stack, account fit, and broker profile while still offering a stronger overall package.

Best lower-fee switch

CMC Markets

Trading-cost score: 8.0/10 · spreads from 0.7 pips

Best platform upgrade

CMC Markets

Platforms: Next Generation, MT4

Best trust-first option

CMC Markets

Regulation score: 9.5/10

Top 5 Alternatives to IG

# Broker Why it fits Overall Score Min Deposit Spreads Regulation
1
C
CMC Markets Alt fit score: 19.3
Closest like-for-like substitute thanks to shared platform coverage (MT4). 8.8 $0 0.7 pips
FCA ASIC BaFin
Review →
2
O
Oanda Alt fit score: 18.5
Closest like-for-like substitute thanks to shared platform coverage (MT4). 8.4 $0 1.0 pips
FCA ASIC MAS
Review →
3
F
Forex.com Alt fit score: 17.5
Closest like-for-like substitute thanks to shared platform coverage (MT4). 8.5 $100 0.0 pips
FCA ASIC CySEC
Review →
4
P
Plus500 Alt fit score: 17.1
Best overall substitute when you want a similar broker profile without sticking to IG. 7.8 $100 0.8 pips
FCA CySEC ASIC
Review →
5
A
Admirals Alt fit score: 16.9
Closest like-for-like substitute thanks to shared platform coverage (MT4). 8.4 $100 0.0 pips
CySEC FCA ASIC
Review →

IG vs CMC Markets — Side by Side

I

IG

Est. 1974

9.2
Min Deposit $250
Spreads From 0.6 pips
Max Leverage 1:200
Instruments 17,000
Trading Costs 8.5/10
Platforms 9.5/10
Regulation
FCA ASIC MAS BaFin
C

CMC Markets

Est. 1989

8.8
Min Deposit $0
Spreads From 0.7 pips
Max Leverage 1:500
Instruments 10,000
Trading Costs 8.0/10
Platforms 9.5/10
Regulation
FCA ASIC BaFin

Why traders switch from IG

Costs are already competitive, so the better reason to switch is usually platform fit or product access rather than shaving a fraction of a pip.

IG already has a respectable platform stack, so switching makes more sense if you want a different workflow than IG Platform, MT4, ProRealTime, L2 Dealer.

IG is already strongly regulated, so alternatives should be judged more on execution, platforms, and account terms than on trust alone.

Frequently Asked Questions

What is the best alternative to IG?
Right now, CMC Markets is the strongest like-for-like substitute. It keeps the closest profile match to IG while landing a stronger overall score at 8.8/10.
Which alternative has the lowest fees?
Among the top substitutes, CMC Markets is the clearest cost-led option. It scores 8.0/10 for trading costs in our testing and starts from 0.7 pips spreads.
Is IG a bad broker?
No. IG is still a credible broker with a 9.2/10 overall score. This page exists because “good” is not the same as “best for your setup.”
Can I move my account from IG to another broker?
Not directly. In practice, you withdraw from IG, open a new account elsewhere, and fund it again. The annoying part is admin, not technology.