CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
IG
vs
M4Markets

IG vs M4Markets

What each publishes, side by side. — means we haven't got it from the broker's own pages.

IGM4Markets
Licences on a register4 of 52 of 3
RegulatorsFSCAFCAFSCA ODP⚠ 1 flagFSA SeychellesCySECDFSA
Lowest spread0.75EUR/USD average published by IG (minimum 0.6). USD/ZAR avg 136.67 points0.0Raw Spread; Standard from 1.1
Commission / lotNone on FXFX and index CFDs are spread-only; share CFDs carry commission (South Africa 0.20% per side, min ZAR50 online)$3.50Per side, Raw Spread account; Standard $0
Min depositNoneBank transfer has no minimum, per IG ZA help centre$5Standard. Raw Spread $500
Max leverage—1:5000Dynamic Leverage account; Standard 1:1000
PlatformsMT4, TradingView, ProRealTimePlatforms named on the broker's own siteMT4, MT5Platforms named on the broker's own site
Licences stated✓ = matched on register
  • · FSCA 41393
  • ✓ FCA 195355
  • ✓ FCA 114059
  • ✓ FCA 944492
  • ✓ FSCA ODP
  • · FSA Seychelles SD035
  • ✓ CySEC 301/16
  • ✓ DFSA F007051
Regulator warningsFCA list, name matchNone foundNone found
Trustpilot3.89,017 reviewsRead on Trustpilot ↗—Read on Trustpilot ↗
Regulator warning naming the firmNone foundNone found
VisitVisit IGVisit M4Markets
vs

Not a recommendation. Info may be out of date or wrong. Always check with the regulator before you trade.