Broker comparison

IG vs ScoreCM Comparison

Compare trading conditions, commissions and platforms of Forex brokers IG and ScoreCM. 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

ScoreCM
Rating
3.4/5
Rank
#69
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
Author · Editor

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 ScoreCM?

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
ScoreCM
Rating: 3.4/5Rank: #69

IG

Minimum deposit · USD
1 USD
Different platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
Different markets
  • Soft Commodities
  • Stocks
  • ETF
  • Bonds

ScoreCM

Minimum deposit · USD
10 USD
Different platforms
  • MetaTrader 5
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 ScoreCM

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Overview: comparison of IG, ScoreCM
BrokerIGScoreCM
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
Dominica, Comoros
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 USD
Spread
from 0.165 points
from 0.1 points
Max Leverage
1:200
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 5
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:

ScoreCM Review

ScoreCM Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Cryptocurrency
Trading Platforms
MetaTrader 5

ScoreCM is ideal for those looking to quickly start on MT5 with a small deposit and high leverage — suitable for beginners testing strategies and active scalpers. However, its offshore regulation and limited range of instruments make the platform less attractive for investors with substantial capital and those seeking broad diversification. Overall, the broker presents itself as a reliable entry-level 'workhorse' that requires cautious risk management.

Pros and Cons of ScoreCM

Pros

  1. Low entry threshold — Standard account opens with $10.
  2. High leverage up to 1:1000 (Forex) on the basic plan.
  3. Multiple commission-free deposit/withdrawal methods.
  4. Fast account opening: short form, auto-generated password, same-day verification.
  5. 24/5 multi-channel support.

Cons

  1. Offshore regulation and no compensation scheme.
  2. Short operating history (since 2024) and limited public reputation.
  3. Limited market offering — approximately 60 CFDs; no CFDs on stocks and soft commodities.
  4. High spreads/swaps on the Standard account and an annual $25 inactivity fee.
  5. Only one platform available (MT5).

Reliability

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Reliability: comparison of IG, ScoreCM
BrokerIGScoreCM
Reliability
5/5
3.2/5
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
Dominica, Comoros
Regulators

IG

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

ScoreCM

ScoreCM is regulated by offshore FSU authorities in Dominica and Mwali, publishes licensing information and claims segregation of client funds, but lacks compensation schemes and has a brief operational history.

Pros

  1. Two active licenses
  2. Segregation of client funds

Cons

  1. Low-tier offshore regulators
  2. No compensation fund
  3. Short operating history

Account Opening

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Account Opening: comparison of IG, ScoreCM
BrokerIGScoreCM
Account Opening
4/5
4.5/5
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

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.

ScoreCM

The ScoreCM registration process is swift: a concise form, an email with a password, and a step-by-step KYC wizard. Account funding is possible within a few hours.

Pros

  1. 2–3 minutes to complete the form
  2. Intuitive KYC wizard
  3. Quick document approval

Cons

  1. Mandatory submission of 4 documents for KYC
  2. No social media registration

Account Types

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Account Types: comparison of IG, ScoreCM
BrokerIGScoreCM
Account Types
2.5/5
3/5
Trading Accounts
  • CFD
  • DMA
  • Standard
  • Pro
  • Elite
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
Spread
from 0.165 points
from 0.1 points
Max Leverage
1:200
1:1000
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Bonds
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 5
Demo Account
Yes
Yes
Swap-free Account
No
No

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.

ScoreCM

Three account types cover basic needs, but there is a lack of variety: no cent, fixed-spread, ECN/STP, or Islamic accounts, and copy trading/PAMM services are absent.

Pros

  1. Deposit starting at $10
  2. Raw spreads on Pro/Elite accounts

Cons

  1. No cent or fixed-spread account
  2. No Islamic (swap-free) plan
  3. No copy trading/PAMM

Commissions

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Commissions: comparison of IG, ScoreCM
BrokerIGScoreCM
Commissions
3/5
2.5/5
Spread
from 0.165 points
from 0.1 points
Average Spread (EURUSD)
1.1
1.8
Commission
per $1M turnover$60.00
per 1 lot$3.50

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.

ScoreCM

ScoreCM fees are moderate: $3.5 per lot on Pro/Elite accounts are competitive, but the Standard account, with a spread of 1.8 points and high swaps, is more expensive; the annual $25 inactivity fee slightly raises overall costs.

Pros

  1. No deposit/withdrawal fees

Cons

  1. High spreads and swaps on the Standard account
  2. $25/year account inactivity fee
  3. No discounts for high volume trading

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of IG, ScoreCM
BrokerIGScoreCM
Rating
3.7/5
4.5/5
Account Funding Methods
  • PayPal
  • Bank Transfer
  • Credit and Debit Cards
  • SticPay
  • Payment Asia
  • Swift
  • SEPA

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.

ScoreCM

The absence of internal fees combined with a broad range of methods makes deposits and withdrawals convenient.

Pros

  1. No broker fees
  2. Minimum deposit of $10
  3. Instant deposit via e-wallet or cryptocurrency

Cons

  1. No option to deposit or withdraw via card

Markets and Products

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Markets and Products: comparison of IG, ScoreCM
BrokerIGScoreCM
Markets and Products
5/5
3/5
Forex
99
42
Precious Metals
11
10
Energy Carriers
9
4
Soft Commodities
20
-
Indices
46
6
Stocks
13000
-
ETF
5400
-
Bonds
19
-
Cryptocurrency
15
5

IG

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

ScoreCM

ScoreCM offers roughly 60 CFDs, covering currencies, metals, oil/gas, indices, and a few cryptocurrencies. The absence of stocks and soft commodities renders the range noticeably poorer than that of most competitors.

Pros

  1. High leverage up to 1:1000
  2. CFDs available on cryptocurrencies

Cons

  1. Only about 60 instruments available
  2. No CFDs on stocks
  3. No soft commodities

Trading Platforms

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Trading Platforms: comparison of IG, ScoreCM
BrokerIGScoreCM
Rating
5/5
3.5/5
Trading Platforms
  • MetaTrader 4
  • IG Trading Platform
  • L2 Dealer
  • MetaTrader 5

IG

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

ScoreCM

The MT5 desktop, web, and mobile platforms cover most needs, but the absence of alternatives (MT4/cTrader/TradingView) and social features restrict flexibility.

Pros

  1. Comprehensive MT5 offering: desktop, web, and mobile applications
  2. Support for algo trading and the MQL5 marketplace

Cons

  1. No MT4, cTrader, or TradingView
  2. No copy trading or social signals

Analytics

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Analytics: comparison of IG, ScoreCM
BrokerIGScoreCM
Rating
5/5
3/5

IG

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

ScoreCM

ScoreCM provides an economic calendar, a suite of calculators, a converter, and Autochartist — offering sufficient basic tools, though lacking proprietary reviews, webinars, and smart signals, resulting in only average analytics.

Pros

  1. Economic calendar
  2. Trading calculators
  3. Autochartist plugin

Cons

  1. Lacks daily market reviews and trade ideas
  2. No webinars/video analytics

Education

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Education: comparison of IG, ScoreCM
BrokerIGScoreCM
Rating
5/5
3/5

IG

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

ScoreCM

The text-based courses and extensive glossary provide a solid theoretical foundation, however without video content, webinars, and interactive elements, the ScoreCM educational package remains average for the market.

Pros

  1. Approximately 90 lessons across all levels
  2. Clear structure
  3. Extensive industry glossary

Cons

  1. No video lessons or webinars
  2. No interactive quizzes
  3. No live expert support

Customer Support

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Customer Support: comparison of IG, ScoreCM
BrokerIGScoreCM
Rating
5/5
5/5
Email Support
Hotline Phones
Social Media

IG

IG provides fast and professional support.

ScoreCM

Multi-channel 24/5 support, approximately 30-minute response times, and withdrawal requests resolved within 2–4 hours — a high level of service from ScoreCM.

Pros

  1. Live chat, email, phone, WhatsApp, Telegram
  2. Average response time ≤ 30 minutes
  3. Quick issue resolution

Cons

  1. Peak times may see delays in chat responses

Comparisons of IG and ScoreCM with other brokers

Conclusion

When choosing between IG and ScoreCM, 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 ScoreCM?

IG ranks higher than ScoreCM 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 ScoreCM?

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 ScoreCM?

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 ScoreCM?

IG: MetaTrader 4, IG Trading Platform, L2 Dealer. ScoreCM: MetaTrader 5. See the “Platforms” section for details and selection tips.

What markets can you trade with IG and ScoreCM?

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

What account types are offered by IG and ScoreCM?

IG: CFD, DMA. ScoreCM: Standard, Pro, Elite. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by IG and ScoreCM?

IG: PayPal, Bank Transfer, Credit and Debit Cards. ScoreCM: SticPay, Payment Asia, Swift, SEPA. Check method-specific fees/settlement times.

Which broker is safer — IG or ScoreCM — 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.