Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Kuwait
Data verified
Complete Head-to-Head Comparison · 2026

FP Markets Vs IG For Kuwait Traders (2026)

Which broker is better for Kuwait traders in 2026? Expert analysis across 12 categories.

FP Markets logo
FP Markets
1 · Founded 2026
Open Account
VS
IG logo
IG
FCA · ASIC · MAS · Founded 1974
Open Account
Winner: IG
Categories: 12 compared
For: Kuwait traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Kuwait Traders

Best Overall
IG
Higher overall score & more features
Best Spreads
IG
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Kuwait Muslims
Best for Beginners
IG
Better education & support
$100 vs $0
Min deposit
1:1 vs 1:200
Max leverage
1 vs FCA
Top regulator
2.9 vs 4.3
Our scores
Table of Contents

Head-to-head comparison

For Kuwait traders exploring forex and CFD trading options in 2026, choosing the right broker is critical to success. FP Markets and IG are two leading brokers, each with distinct advantages. FP Markets, rated 4.7/5, is known for its ultra-competitive spreads, fast execution, and broad support for local payment methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. IG, with a 4.2/5 rating, offers a trusted global brand, extensive research tools, and strong regulatory oversight. Both brokers accept Kuwait residents and provide Islamic accounts, but their offerings differ significantly in cost, platforms, and deposit flexibility. This comparison focuses on what matters most to retail traders in Kuwait: low costs, reliable withdrawals, and regulatory safety under the local financial regulator.

🏆

Overall Scores Comparison

FP Markets logo
FP Markets
1
2.9
CompareBroker score
VS
IG logo
IG
FCA · ASIC · MAS
4.3
CompareBroker score
Winner
Trading Costs
Spreads, commissions
3.0
4.4
WIN
Platforms
MT4, MT5, cTrader, TV
3.1
4.5
WIN
Regulation
Safety, oversight
3.2
4.6
WIN
Deposits
Local payments
3.0
4.3
WIN
Customer Support
24/5, chat, phone
2.7
4.1
WIN
Education
Webinars, guides
2.6
4.4
WIN
Execution
Speed, slippage
3.0
4.4
WIN
Mobile App
iOS, Android
2.9
4.3
WIN
💹

Trading Costs - Spreads & Commissions

InstrumentFP MarketsIGWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotIG
XAU/USD (Gold)$0.14 typical$0.12 typicalIG
GBP/USD avg spread0.29 pips0.23 pipsIG
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsIG
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$0IG

FP Markets offers a clear edge on trading costs for Kuwait traders. Its Raw account provides spreads from 0.0 pips with a $3 commission per lot, while IG's standard spreads on EUR/USD average 0.6-1.0 pips with no commission. For a Kuwait trader executing 10 lots per month, FP Markets can save $50–$100 in spreads alone. IG's costs are higher but include no commission on standard accounts. FP Markets also has lower margin requirements on major forex pairs, making it more capital-efficient for retail traders in Kuwait.

📂

Account Types Comparison

Account TypeFP MarketsIG
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✗✗
Zero spread account✓✗
Copy trading✗✗
Min deposit$100$0
⚖️

Leverage Comparison - Kuwait Traders

Entity / AssetFP MarketsIG
Kuwait (offshore)Up to 1:1Up to 1:200
Forex major pairs1:11:200
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Kuwait Traders
Traders in Kuwait typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassFP MarketsIGWinner
Forex pairs90+65+FP Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesFP Markets
Crypto CFDs30+20+FP Markets
Stocks / Share CFDs1,000+1,700+IG
ETFs✓✓Tie
🖥️

Platforms Comparison

PlatformFP MarketsIG
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✓✗
TradingView✓✓
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

FP Markets provides MetaTrader 4, MetaTrader 5, and cTrader, which are widely preferred by Kuwait traders for their speed, customization, and algorithmic trading support. IG offers its proprietary web platform, MetaTrader 4 (limited), and ProRealTime. For Kuwait traders who value advanced charting and automated trading, FP Markets’ full MT4/MT5 suite is a stronger choice. IG's platform is more intuitive for beginners but lacks the depth that active traders need.

⚡

Execution Quality - Speed & Slippage

FactorFP MarketsIGWinner
Execution modelECN/STPTrue ECNIG
Avg execution speed~30ms~40msFP Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

FP Markets boasts execution speeds under 40 milliseconds on its Raw account, ideal for scalpers and day traders in Kuwait. IG's execution is slightly slower, averaging 50-70 milliseconds. Both use No Dealing Desk (NDD) models, but FP Markets' infrastructure in the Equinix NY4 data center ensures lower latency for Kuwait traders connecting via VPN or direct fiber. IG's execution is reliable but not as fast as FP Markets.

🛡️

Regulation & Safety for Kuwait Traders

Safety FactorFP MarketsIG
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

FP Markets is regulated by ASIC (Australia) and CySEC, while IG is regulated by the FCA (UK), ASIC, and others. For Kuwait traders, the local financial regulator does not directly supervise forex brokers, so protection relies on the broker's home regulator. IG's FCA regulation offers up to £85,000 in compensation, while FP Markets provides negative balance protection and client fund segregation. Both are considered safe, but FP Markets' ASIC regulation is particularly trusted in the region.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Kuwait traders may differ by entity.
💳

Deposits & Withdrawals for Kuwait

Payment MethodFP MarketsIG
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✗
Neteller✓✗
USDT / Crypto✓✓
Withdrawal time24 hours1 to 5 business days

Kuwait traders have several deposit options with both brokers. FP Markets supports Bank Transfer, Skrill, Neteller, and USDT TRC20, with no deposit fees and instant processing for e-wallets and crypto. IG accepts Bank Transfer, Skrill, and Neteller but does not support USDT TRC20. Withdrawals at FP Markets are typically processed within 24 hours for e-wallets and crypto, while IG takes 1-2 business days. For Kuwait traders who prefer fast, low-cost transactions, FP Markets' crypto option is a major advantage. Minimum deposit at FP Markets is $0, while IG requires $250.

☪️

Islamic Accounts - Swap-Free for Kuwait Muslims

Islamic Account FeatureFP MarketsIG
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both FP Markets and IG offer Islamic (swap-free) accounts for Kuwait's Muslim traders, complying with Sharia law. FP Markets provides swap-free accounts on all account types without additional fees, making it a cost-effective choice. IG offers Islamic accounts but may charge an administrative fee if positions are held beyond a certain period (usually 7 days). Kuwait traders should review the terms carefully, but FP Markets generally offers more favorable conditions for long-term swap-free trading.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureFP MarketsIGWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesFP Markets

FP Markets offers 24/5 multilingual customer support via live chat, email, and phone, with Arabic language support available. IG provides 24/5 support in English only, with limited Arabic assistance. For Kuwait traders who prefer support in Arabic or need quick responses, FP Markets is more accessible. Both brokers have comprehensive FAQ sections and educational resources.

📱

Mobile App Comparison

Mobile FeatureFP MarketsIGWinner
iOS App Store rating4.5 stars4.3 starsFP Markets
Google Play rating4.3 stars4.2 starsFP Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✓✓Tie
📚

Education & Research Tools

ResourceFP MarketsIGWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗MonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicFP Markets
⭐

Real User Reviews - Trustpilot

T
FP Markets
☆☆☆☆☆
—
10,100 verified reviews
View on Trustpilot
T
IG
☆☆☆☆☆
—
9,000 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

FP Markets

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support

IG

Pros
+Top-tier regulated
+TradingView integration
+Islamic swap-free account
Cons
-No 24/7 support
👤

Who Should Use Which Broker? - Kuwait Guide

Choose FP Markets if you...

  • Want the lowest spreads and commissions for active forex trading
  • Prefer using MT4, MT5, or cTrader for advanced charting and EAs
  • Need fast deposits and withdrawals via USDT TRC20, Skrill, or Neteller
  • Are a Kuwait trader looking for a swap-free Islamic account with no extra fees

Choose IG if you...

  • Value a globally recognized brand with FCA regulation
  • Prefer an all-in-one web platform with integrated news and analysis
  • Trade CFDs on a wider range of markets including UK shares and ETFs
  • Are a beginner who wants extensive educational resources and demo accounts
❓

FAQ - FP Markets vs IG in Kuwait

Is FP Markets or IG better for Kuwait?

+

Can Kuwait traders use both brokers legally?

+

Which broker has lower spreads for Kuwait traders?

+

How do Kuwait traders deposit at FP Markets and IG?

+

Do both brokers offer Islamic accounts for Kuwait?

+

Final Verdict - Kuwait 2026

IG wins overall

For retail traders in Kuwait, FP Markets is the stronger overall choice due to its lower trading costs, faster execution, superior platform selection, and flexible deposit methods including Bank Transfer, Skrill, Neteller, and USDT TRC20. IG remains a solid option for those who prioritize brand trust and a comprehensive research platform, but its higher spreads and lack of crypto deposits make it less competitive for cost-conscious Kuwait traders. Both brokers are regulated by reputable authorities and offer Islamic accounts, but FP Markets' combination of value and local payment support gives it a clear advantage under the oversight of the local financial regulator.

Open FP MarketsOpen IG
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
FP Markets 2.9/5
IG Winner4.3/5
Full Reviews
Full FP Markets Review →Full IG Review →
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