IG vs RoboForex Forex Broker Comparison
A head-to-head comparison of IG and RoboForex across regulation, trading costs, platforms, and editorial scoring.
IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, a genuinely excellent proprietary platform, and regulatory credibility that few brokers can match - at the cost of slightly higher charges than specialist ECN desks.
VS
IFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.
Our Verdict
IG winsClear Winner
IG comes out ahead with an editorial score of 4.8/5 compared to RoboForex's 4/5.
IG
4.8/5
RoboForex
4/5
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
RoboForex offers tighter spreads from 0 pips vs 0.6 pips for IG, reducing trading costs.
Best for safety & regulation
Recommended
IG has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
RoboForex has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Best for platform choice
Recommended
RoboForex offers more exclusive platform options: MetaTrader 5, cTrader, a proprietary platform.
Best for beginners
Recommended
IG edges out RoboForex with a higher editorial score (4.8/5 vs 4/5), indicating a stronger overall experience for new traders.
IG vs RoboForex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.8/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 5.0 / 5▲ | 3.6 / 5 |
Fees & Spreads 30% weight | 4.8 / 5▲ | 3.9 / 5 |
Platforms & Tools 20% weight | 5.0 / 5▲ | 4.2 / 5 |
Customer Support 10% weight | 4.5 / 5▲ | 4.0 / 5 |
| Founded | 1974 | 2009 |
| Headquarters | London, United Kingdom | Belize City, Belize |
| Min deposit | No minimum | $10 |
| Spreads from | 0.6 pips | 0 pips |
| Commission / lot | N/A | $20/lot |
| Max leverage | 30:1 | 2000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC DFSA CMVM BaFin Finansinspektionen Finanstilsynet FMA CBI KNF Finanstilsynet | FSCA CySEC IFSC |
| Platforms | MetaTrader 4 Proprietary Web/Mobile TradingView | MetaTrader 4 MetaTrader 5 cTrader Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit IG | Visit RoboForex |
IG vs RoboForex Forex Broker Pros & Cons
Pros
LSE-listed with FCA and ASIC regulation - among the most credible regulatory stacks in retail CFDs
19,000+ markets including weekend crypto, volatility indices, and EM pairs - genuine breadth, not a padded count
Proprietary platform with ProRealTime charts, Reuters news, and DMA equity routing built in
Spread betting available for UK clients - tax-free gains on the same account used for CFD trading
No minimum deposit and no deposit or withdrawal fee on standard methods
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
12,000+ instruments including real stocks and ETFs
cTrader available with full Level II and cAlgo
Multiple account types from Cent to ECN
R Trader proprietary platform with built-in analytics
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Market maker on forex - not suitable for scalpers who need sub-0.1 pip raw ECN spreads
Inactivity fee of £12/month kicks in after 24 months with no trades
Onboarding verification is slower than smaller or offshore brokers
Customer support quality drops outside UK business hours
Cons
Primary entity uses IFSC Belize - offshore, limited protection
ECN commission of $20 round-turn is higher than IC Markets ($7)
Very high leverage (2000:1) amplifies risk significantly
No top-tier regulatory licence
No investor compensation scheme
IG vs RoboForex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
IG
criteria wins
2
RoboForex
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | IG | RoboForex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
IG vs RoboForex: Frequently Asked Questions
Based on our independent editorial scoring, IG ranks higher with a score of 4.8/5 vs 4/5 for RoboForex. The best choice still depends on your individual trading needs; IG and RoboForex may each suit different trader profiles.
RoboForex offers tighter spreads starting from 0 pips, compared to IG's spreads from 0.6 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
IG has a lower minimum deposit of no minimum required, while RoboForex requires at least $10. This makes IG more accessible for traders with limited starting capital.
IG holds top-tier regulation (FCA, ASIC, DFSA), providing stronger investor protections. RoboForex may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: IG has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
IG offers maximum leverage of 30:1, while RoboForex offers up to 2000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
RoboForex charges $20 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
IG supports MetaTrader 4, Proprietary Web/Mobile, TradingView and RoboForex offers MetaTrader 4, MetaTrader 5, cTrader, Proprietary Web/Mobile; both support MetaTrader 4, Proprietary Web/Mobile; IG exclusively offers TradingView; RoboForex exclusively offers MetaTrader 5, cTrader.
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