Broker comparison

IG vs NPB Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers IG and NPB Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
IGHigher ranked
Rating
4.1/5
Rank
#38
Register

68-72% of retail investors lose money when trading CFDs with this broker

NPB Markets
Rating
4.2/5
Rank
#48
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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 NPB Markets?

Quick comparison

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.

Methodology

Ratings and ranks

IG ranks higher in the editorial ranking.
IG
Rating: 4.1/5Rank: #38
NPB Markets
Rating: 4.2/5Rank: #48

IG

Minimum deposit · USD
1 USD
Different platforms
  • IG Trading Platform
  • L2 Dealer
Different markets
  • Soft Commodities
  • Bonds

NPB Markets

Minimum deposit · USD
10 USD
Different platforms
None listed
Different markets
None listed

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of IG and NPB Markets

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Overview: comparison of IG, NPB Markets
BrokerIGNPB Markets
Foundation Year19742016
Regulated in CountriesUnited Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab EmiratesComoros
Minimum Deposit
  • 1 AUD
  • 1 CHF
  • 1 EUR
  • 1 GBP
  • 1 HKD
  • 1 JPY
  • 1 NOK
  • 1 NZD
  • 1 SEK
  • 1 SGD
  • 1 USD
  • 10 EUR
  • 500 RUB
  • 10 USD
Spreadfrom 0.165 pointsfrom 0.1 points
Max Leverage1:2001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 4
ReviewIG ReviewNPB Markets Review

IG Review

IG Logo
Register68-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency
Trading Platforms
MetaTrader 4IG Trading PlatformL2 Dealer

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

  1. Licenses from regulators with a high level of credibility.
  2. Tight spreads.
  3. A variety of markets and products.
  4. Extensive set of analytical tools and content.
  5. Quality educational resources for different levels of traders.

Cons

  1. Limited choice of trading accounts.
  2. High trading fee on DMA account.
  3. Inactivity fee.
  4. Limited choice of payment methods.

IG is in the top 10 of the following ratings:

NPB Markets Review

NPB Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4

NPB Markets is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.

Despite certain drawbacks, NPB Markets provides quality service and can be used by most traders.

Pros and Cons of NPB Markets

Pros

  1. A rich selection of analytical tools and resources.
  2. Extensive education section.
  3. A variety of trading account types.
  4. Numerous available methods for depositing and withdrawing funds.

Cons

  1. Lack of alternatives to the MetaTrader 4 platform.
  2. Regulation in an offshore jurisdiction.

NPB Markets is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of IG, NPB Markets
BrokerIGNPB Markets
Reliability
5/5
3.2/5
Foundation Year19742016
Regulated in CountriesUnited Kingdom, Bermuda, Germany, Netherlands, Italy, Spain, France, Sweden, Switzerland, United States, Australia, Japan, Singapore, South Africa, United Arab EmiratesComoros
Regulators

IG

The company is subject to numerous international regulators, ensuring a high degree of transparency.

NPB Markets

The broker has certain protective measures but is registered in offshore jurisdictions.

Pros

  1. Membership in The Financial Commission.
  2. Existence of a Compensation Fund.
  3. Regulation by multiple bodies.

Cons

  1. Registration in offshore jurisdictions.
  2. Lack of information on deposit insurance.

Account Opening

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Account Opening: comparison of IG, NPB Markets
BrokerIGNPB Markets
Account Opening
4/5
5/5
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 AUD
  • 1 NZD
  • 1 JPY
  • 1 NOK
  • 1 SEK
  • 1 SGD
  • 1 HKD
  • 10 USD
  • 10 EUR
  • 500 RUB

IG

The account opening process is simple, fast, and convenient for traders of any experience level.

Pros

  1. No minimum deposit required.
  2. Quick registration process (5-10 minutes).

Cons

  1. Necessity to provide extensive personal and financial information.
  2. Verification may take a couple of days.
  3. There is a possibility of being denied account opening.

NPB Markets

Opening an account with NPB Markets is straightforward, with a short registration form, clear verification requirements, and three base currencies.

Pros

  1. Simple registration.
  2. Clear document requirements.

Account Types

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Account Types: comparison of IG, NPB Markets
BrokerIGNPB Markets
Account Types
2.5/5
4.5/5
Trading Accounts
  • CFD
  • DMA
  • Master
  • Zero
  • Expert
  • VIP
  • Standard Cent
Minimum Deposit
  • 1 USD
  • 1 EUR
  • 1 GBP
  • 1 CHF
  • 1 AUD
  • 1 NZD
  • 1 JPY
  • 1 NOK
  • 1 SEK
  • 1 SGD
  • 1 HKD
  • 10 USD
  • 10 EUR
  • 500 RUB
Spreadfrom 0.165 pointsfrom 0.1 points
Max Leverage1:2001:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 4
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

  1. Availability of DMA account for professional traders.
  2. Premium service offered for high-value clients.
  3. Free demo account for practice and training.

Cons

  1. Absence of Islamic and investment accounts.
  2. No fixed spread accounts and cent accounts.

NPB Markets

The broker offers a wide range of accounts, meeting the needs of different traders.

Pros

  1. STP accounts
  2. Opportunity to copy trades of successful traders.
  3. Availability of cent accounts for beginners.

Cons

  1. No accounts with fixed spreads.

Commissions

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Commissions: comparison of IG, NPB Markets
BrokerIGNPB Markets
Commissions
3/5
4/5
Spreadfrom 0.165 pointsfrom 0.1 points
Average Spread (EURUSD)1.11.2
Commissionper $1M turnover$60.00per 1 lot$4.00

IG

IG provides an average level of commissions, with low spreads but high transaction fees on DMA accounts.

Pros

  1. Low spreads.
  2. No fees for deposits/withdrawals.

Cons

  1. High transaction fee on DMA account.
  2. Inactivity fee.
  3. Currency conversion fee and guaranteed stop fee.

NPB Markets

NPB Markets offers average market spreads and swaps.

Pros

  1. No inactivity fee.
  2. No withdrawal fee.
  3. Cashback with up to 60% spread return

Cons

  1. Average spreads and swaps.

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of IG, NPB Markets
BrokerIGNPB Markets
Rating
3.7/5
4.5/5
Account Funding Methods
  • PayPal
  • Bank Transfer
  • Credit and Debit Cards
  • WebMoney
  • Skrill
  • Neteller
  • Volet
  • Swift
  • SEPA
  • Visa
  • Mastercard

IG

Broker IG offers an average level of services for deposits/withdrawals, not charging a fee, but has limitations on available methods.

Pros

  1. No commission for funding and withdrawal.
  2. PayPal available as a deposit/withdrawal option.
  3. Transparent information about limits.

Cons

  1. Absence of cryptocurrencies and most electronic wallets.
  2. Withdrawal processing time can take up to 5 business days.
  3. Restrictions on the minimum withdrawal amount.

NPB Markets

The broker offers a wide selection of deposit and withdrawal methods, with no commission on deposits and commission compensation on the first withdrawal.

Pros

  1. Multiple deposit/withdrawal methods.
  2. No deposit fee.
  3. Commission compensation on the first withdrawal.

Cons

  1. Withdrawal processing time can be long.
  2. High commission of payment systems on withdrawal

Markets and Products

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Markets and Products: comparison of IG, NPB Markets
BrokerIGNPB Markets
Markets and Products
5/5
4/5
Forex9938
Precious Metals112
Energy Carriers93
Soft Commodities20-
Indices4611
Stocks1300062
ETF54002
Bonds19-
Cryptocurrency155

IG

IG offers an extensive range of products and markets for trading, with an impressive selection of CFDs, options, and thematic baskets.

NPB Markets

NPB Markets offers a sufficiently broad range of trading instruments, including Forex, CFDs on metals, energy carriers, indices, stocks, ETFs, and cryptocurrencies. However, some brokers may offer an even greater number of instruments and markets.

Trading Platforms

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Trading Platforms: comparison of IG, NPB Markets
BrokerIGNPB Markets
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 4

IG

IG offers a variety of trading platforms, including MetaTrader 4, IG Trading Platform, and L2 Dealer, catering to traders of all levels.

NPB Markets

NPB Markets platforms provide functionality and convenience for different categories of traders.

Pros

  1. Use of the popular MetaTrader 4 platform.
  2. NPB Invest trade copying service.

Cons

  1. Lack of alternatives to MT4

Analytics

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Analytics: comparison of IG, NPB Markets
BrokerIGNPB Markets
Rating
5/5
5/5

IG

IG provides an impressive array of research and analytical tools that will appeal to traders of any experience level.

NPB Markets

NPB Markets offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.

Education

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Education: comparison of IG, NPB Markets
BrokerIGNPB Markets
Rating
5/5
4/5

IG

IG offers high-quality and comprehensive educational materials suitable for traders of various levels.

NPB Markets

The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.

Customer Support

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IG

IG provides fast and professional support.

NPB Markets

Numerous communication channels are available, including online consultant, personal manager, email, and phone. The customer support schedule is also quite extensive, providing support at almost any time.

Comparisons of IG and NPB Markets with other brokers

Conclusion

When choosing between IG and NPB Markets, 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 NPB Markets?

IG ranks higher than NPB Markets 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 NPB Markets?

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 NPB Markets?

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 NPB Markets?

IG: MetaTrader 4, IG Trading Platform, L2 Dealer. NPB Markets: MetaTrader 4. See the “Platforms” section for details and selection tips.

What markets can you trade with IG and NPB Markets?

IG: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. NPB Markets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by IG and NPB Markets?

IG: CFD, DMA. NPB Markets: Master, Zero, Expert, VIP, Standard Cent. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by IG and NPB Markets?

IG: PayPal, Bank Transfer, Credit and Debit Cards. NPB Markets: WebMoney, Skrill, Neteller, Volet, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — IG or NPB Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.