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Written by ForexBrokers.com

August 29, 2023

The forex brokers comparison tool compares all forex broker ratings, features, and fees side by side. Filter your brokers and compare the most popular brokers and widely used tools, mobile apps, platforms, spreads, and more. To best support your experience, providers are displayed based on your geo location. Please note: Product offerings may vary depending on your country of residence.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • 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_boxFXGT.com
  • 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 Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC 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_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • 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_boxTrading 212
  • 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

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Overall Rating IG Interactive Brokers FOREX.com
Overall Rating info 5/5 Stars 5/5 Stars 5/5 Stars
Commissions & Fees 5/5 Stars 5/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 5/5 Stars 5/5 Stars
Platform & Tools 5/5 Stars 5/5 Stars 5/5 Stars
Mobile Trading 5/5 Stars 5/5 Stars 5/5 Stars
Research 5/5 Stars 5/5 Stars 4.5/5 Stars
Education 5/5 Stars 5/5 Stars 5/5 Stars
Trust Score info 99 99 99
Winner check_circle
Review IG Review Interactive Brokers Review FOREX.com Review
Broker Screenshots IG Interactive Brokers FOREX.com
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation IG Interactive Brokers FOREX.com
Trust Score info 99 99 99
Year Founded info 1974 1977 1999
Publicly Traded (Listed) info Yes Yes Yes
Bank info Yes No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes info
Tier-1 Licenses info 8 9 7
Tier-2 Licenses info 2 1 1
Tier-3 Licenses info 0 0 0
Tier-4 Licenses info 1 0 1
Tier-1 Licenses (Highly Trusted) IG Interactive Brokers FOREX.com
Australia (ASIC Authorised) info Yes Yes Yes
Canada (CIRO Authorised) info No Yes Yes
Hong Kong (SFC Authorised) info No Yes No
Japan (SFC Authorised) info Yes Yes Yes
Singapore (MAS Authorised) info Yes Yes Yes
Switzerland (FINMA Authorised) info No No No
United Kingdom (U.K.) (FCA Authorised) info Yes Yes Yes
USA (CFTC Authorized) info Yes Yes Yes
New Zealand (FMA Authorised) info Yes No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info Yes info
Tier-2 Licenses (Trusted) IG Interactive Brokers FOREX.com
Kenya (CMA Authorised) info No No No
Israel (ISA Authorised) info No No No
South Africa (FSCA Authorised) info Yes No No
UAE (DFSA/Central Bank Authorised) info Yes No Yes
India (SEBI Authorised) info No Yes No
Jordan (JSC Authorised) info No No No
Investments IG Interactive Brokers FOREX.com
Forex Trading (Spot or CFDs) info Yes Yes Yes
Tradeable Symbols (Total) info 19537 8500 5500
Forex Pairs (Total) info 97 90 91
U.S. Stock Trading (Non CFD) info Yes Yes No
Int'l Stock Trading (Non CFD) info Yes Yes No
Social Trading / Copy Trading info No No No
Cryptocurrency (Physical) info No Yes No
Cryptocurrency (Derivative) info Yes No Yes
Disclaimers 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). 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). 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).
Cost IG Interactive Brokers FOREX.com
Average Spread EUR/USD - Standard info 0.98 info 0.63 info 1.4 info
All-in Cost EUR/USD - Active info 0.82 info 0.63 info 0.83 info
Active Trader or VIP Discounts info Yes Yes Yes
Inactivity Fee info Yes No Yes
Execution: Agency Broker info Yes Yes No
Execution: Market Maker info Yes No Yes
Funding IG Interactive Brokers FOREX.com
Minimum Deposit info £250.00 $0 $100
PayPal (Deposit/Withdraw) info Yes No Yes
Skrill (Deposit/Withdraw) info No No No
Visa/Mastercard (Credit/Debit) info Yes No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes Yes
ACH or SEPA Transfers info Yes Yes Yes
Trading Platforms IG Interactive Brokers FOREX.com
Proprietary Platform info Yes Yes Yes
Desktop Platform (Windows) info Yes Yes Yes
Web Platform info Yes Yes Yes
Social Trading / Copy Trading info No No No
MetaTrader 4 (MT4) info Yes No Yes
MetaTrader 5 (MT5) info No No Yes
cTrader info No No No
DupliTrade info No No No
ZuluTrade info No No No
Trading Tools IG Interactive Brokers FOREX.com
Virtual Trading (Demo) info Yes Yes Yes
Alerts - Basic Fields info Yes Yes Yes
Watchlists - Total Fields info 5 640 20
Charting - Indicators / Studies (Total) info 33 128 88
Charting - Drawing Tools (Total) info 20 6 239
Charting - Trade From Chart info Yes Yes Yes
Charts can be saved info Yes Yes Yes
Mobile Trading IG Interactive Brokers FOREX.com
Android App info Yes info Yes Yes
Apple iOS App info Yes Yes Yes
Mobile Alerts - Basic Fields info Yes Yes Yes
Mobile Watchlist info Yes Yes Yes
Watchlist Syncing info Yes Yes Yes
Mobile Charting - Indicators / Studies info 33 70 88
Mobile Charting - Draw Trendlines info Yes Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes Yes
Mobile Charting - Drawings Autosave info Yes No Yes
Mobile Economic Calendar info Yes Yes Yes
Research IG Interactive Brokers FOREX.com
Daily Market Commentary info Yes Yes Yes
Forex News (Top-Tier Sources) info Yes Yes Yes
Autochartist info Yes No No
Trading Central (Recognia) info No Yes Yes
TipRanks info Yes Yes No
Social Sentiment - Currency Pairs info Yes Yes Yes
Economic Calendar info Yes Yes Yes
Education IG Interactive Brokers FOREX.com
Education (Forex or CFDs) info Yes Yes Yes
Client Webinars info Yes Yes Yes
Client Webinars (Archived) info Yes Yes Yes
Videos - Beginner Trading Videos info Yes Yes Yes
Videos - Advanced Trading Videos info Yes Yes No
Investor Dictionary (Glossary) info Yes Yes Yes
Major Forex Pairs IG Interactive Brokers FOREX.com
GBP/USD info Yes Yes Yes
USD/JPY info Yes Yes Yes
EUR/USD info Yes Yes Yes
USD/CHF info Yes Yes Yes
USD/CAD info Yes Yes Yes
NZD/USD info Yes Yes Yes
AUD/USD info Yes Yes Yes
Review IG Review Interactive Brokers Review FOREX.com Review
Overall IG Interactive Brokers FOREX.com
Overall Rating info 5/5 Stars 5/5 Stars 5/5 Stars
Commissions & Fees 5/5 Stars 5/5 Stars 4.5/5 Stars
Offering of Investments 5/5 Stars 5/5 Stars 5/5 Stars
Platform & Tools 5/5 Stars 5/5 Stars 5/5 Stars
Mobile Trading 5/5 Stars 5/5 Stars 5/5 Stars
Research 5/5 Stars 5/5 Stars 4.5/5 Stars
Education 5/5 Stars 5/5 Stars 5/5 Stars
Trust Score info 99 99 99
Winner check_circle
Review IG Review Interactive Brokers Review FOREX.com Review
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