TradingCritique

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Forex.com vs IG : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Forex.com

Forex.com

VS
IG

IG

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

ECN

Years of Existence / Established Year

2001

1974

Customer Base / Number of Accounts

454k + Customers

313,000 customers


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Regulation & Security

Regulations (governing bodies)

CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC

NFA CFTC FCA

Awards Won (count for the last 2 years)

Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics

Best Multi platform provider - ADVFN International Financial Awards 2024 Best Finance App - ADVFN International Financial Awards 2024 Best platform for active trader - ADVFN International Financial Awards 2022

Security Measures

FSCS

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5, 500+ Stocks

17,000 + markets

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

No

Yes

Bonds

No

Yes

Mutual Funds

No

Yes

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

Yes

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

No

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Forex.com Proprietary platform

ProReal Time APIs L2 dealer

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, Raw spread, MetaTrader account

Leveraged Accounts Spread betting account CFD accountNon-Leveraged Account Share dealing account ISA account IG smart portfolio account IG smart ISA portfolio account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$100

$50

Leverage Available

50:1

200:1

Trade Limit (maximum per trade)

No information

Trade size vary on each asset

Commission (per account type)

Raw account - $7 per 100k USD traded

Starting from 0.1

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Credit/ debit card, bank wire

Bank transfers Card FPS in Hong Kong dollars Funding on IG mobile app Wise

Withdrawal Methods

Credit/ debit card, bank wire

Card Bank transfer

Other E-Wallets Supported

Neteller, skrill

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research

Trade analytics tools Seminars & webinars


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Fees & Commissions

Trading-Related Fees

Commission: Fixed $7 USD per $100k USD traded

US shares 0 to 50 - commission free 50+ trades - $5Other shares Germany - 0.1% UK - 0.1% Ireland - 0.1%

Spread (typical, fixed, variable)

Variable

Variable

Per Lot Fees

NA

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

Vary for each asset

Maximum Leverage

50:1

200:1


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Non-Trading Fees

Dormant Fees

$15 inactive for 12 months

$12/month after 24 months of no trading activity

Subscription Fees (for premium features, data feeds)

$5

NA

Advisory Fees

$30

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

$50

Account Opening Fee

$0

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

Free for Wire & check deposits

Currency Conversion Fee

0.50%

0.5% - CFDs and share dealing accounts 0.7% - international shares

Withdrawal Fee

Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000

Wire transfer - $25


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Forex Monday 00:00 - Friday 22:00 GMT (International times may vary)UK shares (LSE): 08.00-16.30 (London time) US shares: 09.30-16.00 (New York time) European shares: vary on relevant exchanges


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

24x5 support

Customer Support Methods (phone, email, live chat)

Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750

Call +44 (20) 7633 5430 Email: [email protected] 10AM to 7PM whatsapp channel support (Monday to Friday)

Support Languages

5

8


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Additional Information

Headquarters Location

30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.

IG Cannon Bridge House 25 Dowgate Hill London EC4R 2YA

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
If minimizing trading costs is your top priority, Forex.com might be more attractive due to its lower commissions. Meanwhile, IG justifies its moderate fees with more robust tools and professional-grade features.
Forex.com uses a digital-first onboarding approach with clear instructions and fast ID verification. IG goes a step further with manual checks and optional account tiers, ideal for serious professionals.
Forex.com integrates well with algorithmic trading tools and third-party plugins. In contrast, IG emphasizes educational content and built-in research features within its platform.
Advanced users will enjoy Forex.com capabilities, but IG remains a favorite for its streamlined and beginner-centric approach.