IG vs LBX Comparison
Compare trading conditions, commissions and platforms of Forex brokers IG and LBX. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - IG or LBX?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
IG
- Minimum deposit · USD
- 1 USD
- Different platforms
- IG Trading Platform
- L2 Dealer
- Different markets
- Stocks
- ETF
- Bonds
LBX
- Minimum deposit · USD
- 20 USD
- Different platforms
- MetaTrader 5
- Different markets
- None listed
Comparison Table of IG and LBX
Swipe the table left or right to view all data.
| Broker | IG | LBX |
|---|---|---|
| Foundation Year | 1974 | 2024 |
| Regulated in Countries | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates | Mauritius |
| Minimum Deposit |
|
|
| Spread | from 0.165 points | from 0.2 points |
| Max Leverage | 1:200 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | IG Review | LBX Review |
IG Review
IG is a highly regulated broker with licenses from reliable financial authorities, providing clients with high funds protection. Thanks to narrow spreads, traders can effectively manage their costs and increase the profitability of their operations. Quality trading platforms and advanced analytical tools support informed trading decisions, while extensive educational resources make IG attractive to traders of all experience levels.
Pros and Cons of IG
Pros
- Licenses from regulators with a high level of credibility.
- Tight spreads.
- A variety of markets and products.
- Extensive set of analytical tools and content.
- Quality educational resources for different levels of traders.
Cons
- Limited choice of trading accounts.
- High trading fee on DMA account.
- Inactivity fee.
- Limited choice of payment methods.
IG is in the top 10 of the following ratings:
LBX Review
LBX is a CFD broker with a clear focus on Forex and cryptocurrencies, offering a standard but practical set of trading solutions. The broker is primarily suitable for experienced and active traders who value high leverage, support for MetaTrader 4 and 5, fast payment operations, and a simple account structure. LBX may also be of interest to traders using algorithmic strategies and those who do not need educational materials and advanced analytics.
Pros and Cons of LBX
Pros
- Good selection of instruments for Forex and crypto trading, with a strong focus on currency pairs and cryptocurrencies.
- Clear account lineup (Standard and Raw Spread), support for MT4 and MT5, algorithmic trading.
- Fast deposits and withdrawals, a wide choice of payment methods, often with no broker-side fees.
- Leverage up to 1:1000 and negative balance protection.
- 24/7 technical support with multiple contact channels and generally positive reviews.
Cons
- Offshore regulation (FSC Mauritius), with no Tier-1 regulator licenses.
- No stocks or investment products; the market selection is narrower than with universal brokers.
- Almost no educational materials—only an FAQ.
Reliability
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| Broker | IG | LBX |
|---|---|---|
| Reliability | 5/5 | 3.5/5 |
| Foundation Year | 1974 | 2024 |
| Regulated in Countries | United Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab Emirates | Mauritius |
| Regulators |
IG
The company is subject to numerous international regulators, ensuring a high degree of transparency.
LBX
LBX is a CFD broker operating through MAEX Limited under the supervision of the FSC Mauritius. The broker is regulated, although not by a Tier-1 authority; the level of client protection can be considered basic.
Pros
- Active FSC Mauritius license
- Negative balance protection
Cons
- Offshore jurisdiction (not Tier-1)
- Short track record of the LBX brand
Account Opening
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| Broker | IG | LBX |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
|
|
IG
The account opening process is simple, fast, and convenient for traders of any experience level.
Pros
- No minimum deposit required.
- Quick registration process (5-10 minutes).
Cons
- Necessity to provide extensive personal and financial information.
- Verification may take a couple of days.
- There is a possibility of being denied account opening.
LBX
The account opening process at LBX is clear and fairly quick: registration takes a few minutes, and a demo account is available right away. The questionnaire and verification are standard, but relatively detailed.
Pros
- Fast online registration
- A demo account is available immediately
- Modern and user-friendly interface
Account Types
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| Broker | IG | LBX |
|---|---|---|
| Account Types | 2.5/5 | 4/5 |
| Trading Accounts |
|
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| Minimum Deposit |
|
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| Spread | from 0.165 points | from 0.2 points |
| Max Leverage | 1:200 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
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| Demo Account | ||
| Swap-free Account |
IG
IG offers a limited selection of accounts, meeting the basic needs of traders, but not accommodating specific requirements.
Pros
- Availability of DMA account for professional traders.
- Premium service offered for high-value clients.
- Free demo account for practice and training.
Cons
- Absence of Islamic and investment accounts.
- No fixed spread accounts and cent accounts.
LBX
LBX’s account lineup is basic but practical: there are options for beginners and active traders, a demo account, and copy trading. It’s enough for most needs, but without advanced formats.
Pros
- Standard and Raw Spread for different trading styles
- Demo account without verification
- Copy trading support
Cons
- Small selection of account types
- No investment or special accounts
Commissions
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| Broker | IG | LBX |
|---|---|---|
| Commissions | 3/5 | 4/5 |
| Spread | from 0.165 points | from 0.2 points |
| Average Spread (EURUSD) | 1.1 | 1.6 |
| Commission | per $1M turnover$60.00 | per 1 lot$3.00 |
IG
IG provides an average level of commissions, with low spreads but high transaction fees on DMA accounts.
Pros
- Low spreads.
- No fees for deposits/withdrawals.
Cons
- High transaction fee on DMA account.
- Inactivity fee.
- Currency conversion fee and guaranteed stop fee.
LBX
LBX’s fees are around the market average. There are no significant pricing advantages.
Pros
- Average market spreads and swaps
- No in-house deposit/withdrawal fees
Cons
- Inactivity fee after 90 days
Deposit and Withdrawal
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| Broker | IG | LBX |
|---|---|---|
| Rating | 3.7/5 | 5/5 |
| Account Funding Methods |
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|
IG
Broker IG offers an average level of services for deposits/withdrawals, not charging a fee, but has limitations on available methods.
Pros
- No commission for funding and withdrawal.
- PayPal available as a deposit/withdrawal option.
- Transparent information about limits.
Cons
- Absence of cryptocurrencies and most electronic wallets.
- Withdrawal processing time can take up to 5 business days.
- Restrictions on the minimum withdrawal amount.
LBX
LBX offers a convenient and fast payment infrastructure: a wide range of methods, frequent instant transactions, and transparent fees.
Pros
- Wide choice of payment methods
- Often instant deposits and withdrawals
- In most cases, 0% fees
Cons
- Fees for certain local methods
Markets and Products
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| Broker | IG | LBX |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 99 | 64 |
| Precious Metals | 11 | 5 |
| Energy Carriers | 9 | 3 |
| Soft Commodities | 20 | 9 |
| Indices | 46 | 15 |
| Stocks | 13000 | - |
| ETF | 5400 | - |
| Bonds | 19 | - |
| Cryptocurrency | 15 | 44 |
IG
IG offers an extensive range of products and markets for trading, with an impressive selection of CFDs, options, and thematic baskets.
LBX
LBX specializes in CFDs with a primary focus on Forex and cryptocurrencies. Indices, metals, energies, and soft commodities are also available, although the range of markets is narrower than at more diversified brokers.
Pros
- Strong selection of currency pairs
- Wide range of cryptocurrencies
- Includes indices, metals, and soft commodities
Cons
- No stocks
- Limited number of markets
Trading Platforms
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| Broker | IG | LBX |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
|
|
IG
IG offers a variety of trading platforms, including MetaTrader 4, IG Trading Platform, and L2 Dealer, catering to traders of all levels.
LBX
LBX offers MT4 and MT5—reliable and functional platforms suitable for most strategies, including algo trading. The choice is sufficient, but without alternative solutions.
Pros
- Support for MetaTrader 4 and 5
- Desktop, web, and mobile versions
Cons
- No proprietary platform
- No alternatives (cTrader, TradingView)
Analytics
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| Broker | IG | LBX |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
IG
IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.
LBX
LBX’s analytics are basic: there are key calendars to track events and trading hours, but without in-depth expertise or signals. Suitable for general orientation, not for deep analysis.
Pros
- Economic calendar
- Market holidays calendar
Cons
- No expert analysis
- No trading signals
- Limited toolset
Education
Swipe the table left or right to view all data.
| Broker | IG | LBX |
|---|---|---|
| Rating | 5/5 | 2/5 |
IG
IG offers high-quality and comprehensive educational materials suitable for traders of various levels.
LBX
Educational materials at LBX are virtually absent: there is only an FAQ section with reference information. For beginners and skill development, this is not enough.
Pros
- Answers to basic questions
Cons
- No courses or lessons
- No videos or webinars
- No educational analysis
Customer Support
Swipe the table left or right to view all data.
| Broker | IG | LBX |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
IG
IG provides fast and professional support.
LBX
LBX customer support works steadily and efficiently: various contact channels are available, 24/7 support, and quick responses. According to user reviews, issues are resolved properly and without delays.
Pros
- Online chat, email, and phone
- 24/7 support
- Positive customer reviews
Comparisons of IG and LBX with other brokers
Conclusion
When choosing between IG and LBX, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: IG or LBX?
IG ranks higher than LBX in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: IG or LBX?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — IG or LBX?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with IG and LBX?
IG: MetaTrader 4, IG Trading Platform, L2 Dealer. LBX: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with IG and LBX?
IG: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. LBX: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by IG and LBX?
IG: CFD, DMA. LBX: Standard, Raw Spread. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by IG and LBX?
IG: PayPal, Bank Transfer, Credit and Debit Cards. LBX: Skrill, Neteller, Visa, Mastercard, Online banking. Check method-specific fees/settlement times.
Which broker is safer — IG or LBX — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
