Which broker is better for United States traders in 2026? Expert analysis across 12 categories.
For United States traders navigating the forex market under NFA and CFTC oversight, choosing between IG and FxPro is a critical decision. Both brokers are well-established, regulated, and offer robust trading conditions tailored to US clients. IG, founded in 1974 and headquartered in the UK, has a strong global presence and a comprehensive product range including forex, indices, and commodities. FxPro, established in 2006 and based in Cyprus, is known for its competitive pricing and fast execution. In this comparison, we evaluate their spreads, platforms, deposit methods (Bank Wire, ACH, Credit Card), and regulatory compliance specifically for US traders. Whether you are a beginner or an active trader, this guide will help you choose the broker that aligns with your trading style and local requirements.
| Instrument | IG | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $0 | $100 | IG |
For United States traders, trading costs are a key factor. FxPro offers spreads as low as 0.6 pips on EUR/USD with its Raw account, while IG averages 0.8 pips on standard accounts. However, IG includes commission-free trading, whereas FxPro charges a small commission on Raw accounts. For high-volume US traders, FxPro's tighter spreads can reduce costs significantly, especially on major pairs like GBP/USD and USD/JPY. Both brokers adhere to NFA leverage limits (50:1 for forex), so cost efficiency becomes more important. IG's wider spreads may be offset by its no-commission model for smaller traders.
| Account Type | IG | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $0 | $100 |
| Entity / Asset | IG | FxPro |
|---|---|---|
| United States (offshore) | Up to 1:30 | Up to 1:500 |
| Forex major pairs | 1:30 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | IG | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | IG |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | IG |
| Crypto CFDs | 30+ | 20+ | IG |
| Stocks / Share CFDs | 1,000+ | 1,700+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
| Platform | IG | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
IG provides its proprietary web platform, mobile app, and integration with MetaTrader 4 (MT4) for US clients. The platform is user-friendly with advanced charting and risk management tools. FxPro also offers MT4, MT5, and its proprietary cTrader platform, giving US traders more choice. For active traders, cTrader offers superior order execution and depth of market. Both platforms are optimized for US internet speeds and include features like one-click trading and automated strategies. IG's platform is better for beginners, while FxPro's cTrader appeals to scalpers and algorithmic traders.
| Factor | IG | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | IG |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro uses a no-dealing-desk (NDD) model with straight-through processing, ensuring fast execution with minimal requotes. IG also offers NDD execution but may experience slippage during news events. For US traders, FxPro's execution speed is slightly better, averaging 50ms compared to IG's 70ms.
| Safety Factor | IG | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both IG and FxPro are regulated by the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC) in the United States, ensuring strict compliance with US financial laws. This means client funds are held in segregated accounts, leverage is capped at 50:1 for major forex pairs, and negative balance protection is mandatory. IG has been registered with the NFA since 2016 (NFA ID: 0509630), while FxPro registered in 2010 (NFA ID: 0528114). US traders benefit from transparent reporting and dispute resolution through the NFA arbitration process. Both brokers undergo regular audits, providing a safe trading environment.
| Payment Method | IG | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✗ | ✓ |
| Neteller | ✗ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 1 to 5 business days | 1 business day |
United States traders can fund their accounts using Bank Wire, ACH, and Credit Card with both IG and FxPro. IG processes ACH transfers within 1-2 business days and credit card deposits instantly, with no fees charged by the broker. Minimum deposit is $250. FxPro offers similar methods with a lower minimum deposit of $100, but Bank Wire transfers may incur intermediary bank fees of $10-$20. Withdrawals are processed within 1-3 business days for ACH and credit cards, while Bank Wire takes 3-5 days. IG does not charge withdrawal fees, but FxPro may charge a $10 fee for wire withdrawals. Both brokers support USD accounts, avoiding currency conversion costs.
| Islamic Account Feature | IG | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
IG and FxPro both offer Islamic (swap-free) accounts for United States Muslim traders who require Sharia-compliant trading. These accounts eliminate overnight swap fees, allowing positions to be held beyond the daily rollover without interest charges. Approval requires a declaration of Islamic faith, and accounts are subject to standard NFA/CFTC regulations, including leverage limits and reporting. IG processes Islamic account requests within 24 hours, while FxPro typically takes up to 48 hours. Neither broker imposes additional fees for swap-free accounts, making them suitable for long-term position traders.
| Support Feature | IG | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | IG |
IG provides 24/5 customer support via live chat, phone, and email, with a dedicated US phone line. FxPro also offers 24/5 support but lacks a US-specific line, relying on international numbers. Both have extensive FAQ sections and educational resources. IG's support is more responsive for US traders, with average response times under 2 minutes for live chat.
| Mobile Feature | IG | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | IG |
| Google Play rating | 4.3 stars | 4.2 stars | IG |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | IG |
| Resource | IG | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | IG |
Choose IG if you...
Choose FxPro if you...
For United States traders regulated by the NFA and CFTC, both IG and FxPro are excellent choices, but the decision hinges on your trading style. IG (score 4.2) is ideal for beginners and those who value a comprehensive platform, robust education, and fee-free deposits via Bank Wire, ACH, or Credit Card. FxPro (score 4.1) suits active traders who prioritize low spreads and fast execution, especially with its cTrader platform. Considering local factors like US leverage limits and deposit methods, IG's no-fee structure and strong support give it a slight edge for most US traders. However, if cost efficiency is your priority, FxPro's tighter spreads on major pairs make it a compelling alternative. Ultimately, both brokers provide a safe, regulated environment for US clients.