ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

IG vs FOREX.com 2022

ForexBrokers.com

Written by ForexBrokers.com

November 08, 2022

Is IG better than FOREX.com? In our analysis of 23 international regulators across 39 of the best forex brokers, IG is considered low-risk, with an overall Trust Score of 99 out of 99. FOREX.com is considered low-risk, with an overall Trust Score of 99 out of 99. Learn more about Trust Score.

Select Brokers×
Overall RatingIGFOREX.com
Overall Rating5 Stars5 Stars
Commissions & Fees5 Stars4.5 Stars
Offering of Investments5 Stars5 Stars
Platform & Tools5 Stars5 Stars
Mobile Trading5 Stars5 Stars
Research5 Stars4.5 Stars
Education5 Stars4.5 Stars
Trust Score9999
Winnercheck_circle
ReviewIG ReviewFOREX.com Review
RegulationIGFOREX.com
Trust Score9999
Year Founded19741999
Publicly Traded (Listed)YesYes
BankYesNo
Tier-1 Licenses74
Tier-2 Licenses22
Tier-3 Licenses11
Authorised in European UnionYesYes
About RegulationA โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.A โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.
Tier-1 Licenses (High Trust)IGFOREX.com
ASIC Authorised (Australia)YesNo
IIROC Authorised (Canada)NoYes
SFC Authorised (Hong Kong)NoNo
CBI Authorised (Ireland)NoNo
FSA Authorised (Japan)YesYes
MAS Authorised (Singapore)YesNo
FINMA Authorised (Switzerland)YesNo
FCA Authorised (U.K.)YesYes
CFTC Registered (USA)YesYes
FMA Authorised (New Zealand)YesNo
Tier-2 Licenses (Average Trust)IGFOREX.com
CBRC Authorised (China)NoNo
CySEC Authorised (Cyprus)NoYes
SEBI Authorised (India)NoNo
ISA Authorised (Israel)NoNo
CBR Authorised (Russia)NoNo
FSCA Authorised (South Africa)YesNo
SEC Authorised (Thailand)NoNo
DFSA / Central Bank Authorised (UAE)YesYes
Tier-3 Licenses (Low Trust)IGFOREX.com
SCB Authorised (Bahamas)NoNo
IFSC Authorised (Belize)NoNo
CIMA Authorised (Cayman Islands)NoYes
BMA Authorised (Bermuda)YesNo
FSC Authorised (British Virgin Islands)NoNo
FSC Authorised (Mauritius)NoNo
VFSC Authorised (Vanuatu)NoNo
InvestmentsIGFOREX.com
Forex Trading (Spot or CFDs)YesYes
Tradeable Symbols (Total)195375500
Forex Pairs (Total)10091
U.S. Stock Trading (Non CFD)YesNo
Int'l Stock Trading (Non CFD)YesNo
Social Trading / Copy TradingYesNo
Cryptocurrency (Physical)NoNo
Cryptocurrency (CFD)YesYes
DisclaimersNote: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
CostIGFOREX.com
Average Spread EUR/USD - Standard0.86 (September 2022)1.0 (July 2022)
All-in Cost EUR/USD - Active0.5957 (September 2022)1.0 (July 2022)
Active Trader or VIP DiscountsYesYes
Execution: Agency BrokerYesNo
Execution: Market MakerYesYes
FundingIGFOREX.com
Minimum Initial Depositยฃ250.00$100
PayPal (Deposit/Withdraw)YesYes
Skrill (Deposit/Withdraw)NoNo
Visa/Mastercard (Credit/Debit)YesYes
Bank Wire (Deposit/Withdraw)YesYes
Trading PlatformsIGFOREX.com
Proprietary PlatformYesYes
Desktop Platform (Windows)YesYes
Web PlatformYesYes
Social Trading / Copy TradingYesNo
MetaTrader 4 (MT4)YesYes
MetaTrader 5 (MT5)NoYes
cTraderNoNo
DupliTradeNoNo
ZuluTradeNoNo
Trading ToolsIGFOREX.com
Virtual Trading (Demo)YesYes
Alerts - Basic FieldsYesYes
Watchlists - Total Fields1420
Charting - Indicators / Studies (Total)33203
Charting - Drawing Tools (Total)2025
Charting - Trade From ChartYesYes
Charts can be savedYesYes
Mobile TradingIGFOREX.com
Android AppYesYes
Apple iOS AppYesYes
Mobile Alerts - Basic FieldsYesYes
Mobile WatchlistYesYes
Watchlist SyncingYesYes
Mobile Charting - Indicators / Studies3388
Mobile Charting - Draw TrendlinesYesYes
Mobile Charting - Multiple Time FramesYesYes
Mobile Charting - Drawings AutosaveYesYes
Forex CalendarYesYes
ResearchIGFOREX.com
Daily Market CommentaryYesYes
Forex News (Top-Tier Sources)YesYes
AutochartistYesNo
Trading Central (Recognia)NoYes
Social Sentiment - Currency PairsYesYes
Economic CalendarYesYes
EducationIGFOREX.com
Has Education - Forex or CFDsYesYes
Client WebinarsYesYes
Client Webinars (Archived)YesNo
Videos - Beginner Trading VideosYesYes
Videos - Advanced Trading VideosYesNo
Investor Dictionary (Glossary)YesYes
Major Forex PairsIGFOREX.com
GBP/USDYesYes
USD/JPYYesYes
EUR/USDYesYes
USD/CHFYesYes
USD/CADYesYes
NZD/USDYesYes
AUD/USDYesYes
ReviewIG ReviewFOREX.com Review
OverallIGFOREX.com
Overall Rating5 Stars5 Stars
Commissions & Fees5 Stars4.5 Stars
Offering of Investments5 Stars5 Stars
Platform & Tools5 Stars5 Stars
Mobile Trading5 Stars5 Stars
Research5 Stars4.5 Stars
Education5 Stars4.5 Stars
Trust Score9999
Winnercheck_circle
ReviewIG ReviewFOREX.com Review
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmiral Markets
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxiTrader
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFlowBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxGKFX
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOctaFX
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo Bank
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrade360
  • check_box_outline_blankcheck_boxTradeo
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxUFX
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVestle
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade
Compare 0 of 5
arrow_upward

IG vs FOREX.com Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare IG vs FOREX.com.

Does IG or FOREX.com offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, IG offers better pricing overall for traders.

Is IG or FOREX.com safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. IG holds 7 global Tier-1 licenses, while FOREX.com holds 4. Both IG and FOREX.com hold 2 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, IG and FOREX.com earned the same Trust Score.

Which trading platform is better: IG or FOREX.com?

To compare the trading platforms of both IG and FOREX.com, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both IG and FOREX.com offer MetaTrader 4 (MT4).Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

IG provides traders 100 currency pairs (e.g., EUR/USD) compared to FOREX.com's 91 available pairs. Forex pairs aside, IG offers traders access to 19537 CFDs while FOREX.com has 5500 available CFDs, a difference of 14037.

Can I trust IG?

IG is a publicly traded company, operates a regulated bank, and is authorised by seven tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). IG is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA), Financial Markets Authority (FMA), and the Commodity Futures Trading Commission (CFTC).

Can I trust FOREX.com?

FOREX.com is publicly traded, does not operate a bank, and is authorised by four tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). City Index is authorised by the following tier-1 regulators: Investment Industry Regulatory Organization of Canada (IIROC), Japanese Financial Services Authority (JFSA), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC).

Is IG good?

IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.

Is FOREX.com good?

FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms โ€“ alongside limited access to MetaTrader.

Overall winner: IG

Popular Forex Reviews

Popular Forex Guides


Was this helpful?
Yes or No

announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

close