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FXPesa vs IG: licences, costs and platforms
Facts from both companies’ official pages and regulators’ registers, side by side. We show what the numbers say; the choice is yours.
Facts verified on October 7, 2026
Key differences
- Only FXPesa is licensed by CMA (Kenya).
- Only IG is licensed by MAS, BMA, DFSA, FCA, BaFin, ASIC, FINMA, and Kanto LFB.
- Only FXPesa offers Equiti Trader.
- Only IG offers IG trading platform, TradingView, and ProRealTime.
- Only FXPesa supports M-Pesa, EazzyPay, Mobile Money (MTN MoMo, Orange Money), Skrill, Neteller, Airtel Money, and MTN Mobile Money (MoMo) for deposits and withdrawals.
- Users of other platforms rate FXPesa higher: 5.0/5, against 4.5/5 for IG.
Side by side
| Criterion | | |
|---|---|---|
| Rating | ||
| Rating on other platforms | 5.0/5 (3.7K) | 4.5/5 (58.3K) |
| Regulators | CMA (Kenya) | MAS, BMA, DFSA, FCA, BaFin, ASIC, FINMA, Kanto LFB |
| Minimum deposit | No minimum | No minimum |
| Account types | Standard, Premier | IG Asia CFD account, IG International CFD account |
| Commission per lot (raw spread account) | $7 | — |
| Platforms | MetaTrader 4, MetaTrader 5, Equiti Trader | IG trading platform, MetaTrader 4, TradingView, ProRealTime, MetaTrader 5 |
| Maximum leverage | up to 1:400 (CMA (Kenya)) | up to 1:200 (BMA) |
| Swap-free (Islamic) account | On request | — |
| Deposit and withdrawal methods | M-Pesa (Kenya), EazzyPay (Kenya), Mobile Money (MTN MoMo, Orange Money; Kenya, Uganda, Tanzania), Skrill, Neteller, Visa / Mastercard, Bank transfer, Airtel Money (Kenya, Uganda, Tanzania), MTN Mobile Money (MoMo; Uganda) | Bank transfer (Singapore), Visa / Mastercard (Singapore), Bank transfer, Visa / Mastercard |
| Retail CFD accounts losing money | 80% | 80% |
| Not available in | 4 countries | 1 countries |
| Founded | — | 1974 |
| Headquarters | Kenya | — |
| Read review | Read review |
Frequently asked questions
Which regulators license FXPesa and IG?
FXPesa is licensed by CMA (Kenya); IG by MAS, BMA, DFSA, FCA, BaFin, ASIC, FINMA, and Kanto LFB.
What is the minimum deposit at FXPesa and IG?
FXPesa: No minimum. IG: No minimum.
Which trading platforms do FXPesa and IG offer?
Both offer MetaTrader 4 and MetaTrader 5. Only FXPesa offers Equiti Trader. Only IG offers IG trading platform, TradingView, and ProRealTime.
Which payment methods do FXPesa and IG support?
Both support Visa / Mastercard and Bank transfer for deposits and withdrawals. Only FXPesa supports M-Pesa, EazzyPay, Mobile Money (MTN MoMo, Orange Money), Skrill, Neteller, Airtel Money, and MTN Mobile Money (MoMo) for deposits and withdrawals.
How are FXPesa and IG rated on other platforms?
FXPesa: 5.0/5 (3.7K); IG: 4.5/5 (58.3K). These are ratings by app store and TradingView users, not a Wealth.cat score.
Full reviews
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