Broker comparison

Banx Broker vs.
IG Markets

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

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Summary

Your goal decides.

IG Markets has a higher rating of 4.6/5 compared to Banx Broker (4.1/5). IG Markets offers 7 instrument types, while Banx Broker offers 6. The minimum deposit is lower at Banx Broker with 3.000 €. IG Markets has been in the market since 1974, making it the more experienced provider. Execution speed: Banx Broker ~25 ms (via IBKR routing), IG Markets ~17 ms.

Introducing broker with competitive rates for active traders

World-leading CFD provider with 50 years of experience

At a glance

The key differences

Criterion
PlatformsTWS, Banx App, IBKR MobileIG Platform, MT4, ProRealTime, L2 Dealer
Product typesStocks, Options, Futures, Forex, ETFs, CFDsCFDs, Forex, Options, Indices, Commodities, Stocks CFDs, Crypto
Options tradingYes, comprehensive options trading via IBYes, vanilla options and barriers
Fee modelfrom €3.90 per stock order, from $2 per US optionSpreads from 0.6 pip on forex, from 0.1% on stock CFDs
Minimum deposit3.000 €300 €
RegulationBaFinBaFin/FCA
More informationDetailsDetails

Platforms

Banx Broker

TWS, Banx App, IBKR Mobile

IG Markets

IG Platform, MT4, ProRealTime, L2 Dealer

Product types

Banx Broker

Stocks, Options, Futures, Forex, ETFs, CFDs

IG Markets

CFDs, Forex, Options, Indices, Commodities, Stocks CFDs, Crypto

Options trading

Banx Broker

Yes, comprehensive options trading via IB

IG Markets

Yes, vanilla options and barriers

Fee model

Banx Broker

from €3.90 per stock order, from $2 per US option

IG Markets

Spreads from 0.6 pip on forex, from 0.1% on stock CFDs

Minimum deposit

Banx Broker

3.000 €

IG Markets

300 €

Regulation

Banx Broker

BaFin

IG Markets

BaFin/FCA

More information

Banx Broker

Details

IG Markets

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from €3.90 per stock order, from $2 per US option

Published fee
from €3.90 per stock order, from $2 per US option
Minimum deposit
3.000 €
See terms at provider

Spreads from 0.6 pip on forex, from 0.1% on stock CFDs

Published fee
Spreads from 0.6 pip on forex, from 0.1% on stock CFDs
Minimum deposit
300 €
Inactivity
£12/month after 24 months of inactivity
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksOptionsFuturesForexETFsCFDs
CFDsForexOptionsIndicesCommoditiesStocks CFDsCrypto

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

TWS · Banx App · IBKR Mobile

Banx offers the Trader Workstation (TWS), the Banx App, and the IBKR Mobile App. The TWS is the professional desktop platform with comprehensive charting tools, option chains, Greeks display, strategy builder, and over 100 order types. It supports algorithmic trading and provides real-time market data at international exchanges. The mobile app enables trading on the go with access to all important features and order types.

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IG Platform · MT4 · ProRealTime · L2 Dealer

IG Markets offers four trading platforms: The IG Platform is the proprietary web platform with advanced charts, market analyses, and over 17,000 markets. MT4 is available for automated trading and Expert Advisors. ProRealTime offers professional chart analysis with over 100 indicators and backtesting capabilities. L2 Dealer enables Direct Market Access (DMA) for professional traders. All platforms support trading in CFDs, forex, and options.

Explore platform

Regulation & security

BaFin

Regulatory information

BaFin/FCA

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Introducing broker with competitive rates for active traders

  • Access to international markets
  • Comprehensive options trading
  • German customer service
  • Minimum deposit €3,000
  • Complex platform for beginners

World-leading CFD provider with 50 years of experience

  • Over 17,000 markets available
  • Vanilla options and barriers available
  • Very long company history since 1974
  • Minimum deposit €300
  • High fees for small accounts

Find the broker that fits

Banx Broker oder IG Markets?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

Banx Broker4.1
  • Access to international markets
  • Comprehensive options trading
  • German customer service
IG Markets4.6
  • Over 17,000 markets available
  • Vanilla options and barriers available
  • Very long company history since 1974
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

Your questions

Frequently asked questions

How do fees differ between Banx Broker and IG Markets?
Banx Broker: from €3.90 per stock order, from $2 per US option. IG Markets: Spreads from 0.6 pip on forex, from 0.1% on stock CFDs. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Banx Broker or IG Markets?
Banx Broker offers Stocks, Options, Futures, Forex, ETFs, CFDs. IG Markets offers CFDs, Forex, Options, Indices, Commodities, Stocks CFDs, Crypto.
How are Banx Broker and IG Markets regulated?
The broker profiles list BaFin for Banx Broker and BaFin/FCA for IG Markets. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Banx Broker or IG Markets better for beginners?
Banx Broker lists a 3.000 € minimum deposit and offers TWS, Banx App, IBKR Mobile. IG Markets lists 300 € and offers IG Platform, MT4, ProRealTime, L2 Dealer. Compare usability, available products and costs for your intended use.
Banx Broker vs IG Markets: Which broker is better overall?
The choice between Banx Broker (4.1/5, 420 reviews) and IG Markets (4.6/5, 2500 reviews) depends on your needs. Banx Broker: Introducing broker with competitive rates for active traders. IG Markets: World-leading CFD provider with 50 years of experience.
Do Banx Broker or IG Markets charge an inactivity fee?
Banx Broker: no inactivity fee. IG Markets: £12/month after 24 months of inactivity.

Your next step

Your next step

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options risks & opportunitiesWhat you can lose, and what the risk buys you.Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.
Terms in the glossary:MarginPremiumCall optionUnderlyingExercise