Choosing the right broker can make or break your trading experience. In 2025, IG and Forex.com are two of the top competitors. Let us dive into a detailed comparison to help you find the right fit for your trading goals.
Forex.com overview
Established in 2001, Forex.com is a well-regulated broker offering a variety of trading accounts, platforms, and assets.
Key features
- Regulation: CFTC, NFA, FCA, ASIC, MAS, CIMA
- Account types: Standard, MT4, MT5, Raw Spread
- Minimum deposit: $100
- Trading platforms: Web, Mobile, MT4, MT5
- Spreads: Variable spreads starting from 0.8 pips
- Commissions: Raw Spread accounts: $7 per USD 100k traded
- Assets: Forex, stocks, indices, commodities, cryptocurrencies
- Customer support: 24/5 live chat, phone, email
Pros
- User-friendly platforms
- Competitive spreads
- Wide range of assets
- Strong educational resources
Cons
- Inactivity fees
- Currency conversion fees
- May not be ideal for all traders
IG Broker overview
Founded in 1974, IG is a well-regulated broker offering a variety of investment options, including.
- CFD and spread betting accounts
- Share dealing accounts
- Tax-efficient investment accounts
Key features
- Regulation: FCA, CFTC, ASIC, and other top-tier authorities
- 17,000+ tradable assets
- Competitive spreads and commissions
- Multiple trading platforms
- Advanced tools and research
- 24/5 customer support
Pros
- User-friendly platforms
- Wide range of assets
- Competitive fees
- Excellent educational resources
- Strong customer support
Cons
- No negative balance protection for US clients
- Inactivity fees
- Currency conversion fees
Forex.com vs. IG Broker
When determining between Forex.com and IG, it is essential to understand how they stack up in terms of features and services. Below is a detailed comparison to help you choose the broker that best suits your trading style.
Feature | Forex.com | IG Broker |
---|---|---|
Established in | 2001 | 1974 |
Regulation | CFTC, NFA, FCA, ASIC, MAS, CIMA | FCA, BaFin, ASIC, CFTC, NFA, FINMA, MAS, DFSA, FSCA, JSDA, BMA |
Account types | Standard, MT4, MT5, Raw Spread | Spread Betting, CFD, Share Dealing, Investment, Smart Portfolio |
Minimum deposit | $100 | Varies by region generally $250 or equivalent |
Trading instruments | Over 300 CFDs stocks, indices, commodities, crypto, 80+ forex pairs | Over 19,000 markets forex, indices, commodities, stocks, ETFs, options, futures |
Platforms | Web, Mobile (proprietary), MetaTrader 4 & 5 | Web, Mobile proprietary, ProRealTime premium, MetaTrader 4 |
Spreads | Variable spreads (starting from 0.8 pips), commissions on Raw Spread accounts | Variable spreads starting from 0.6 pips, commissions on CFDs |
Leverage | Up to 50:1 depending on the instrument | Varies by region and instrument up to 200:1 for some |
Negative balance protection | Available for most regions except the US | Not available for US customers |
Customer support | 24/5 live chat, phone, email | 24/5 live chat, phone, email |
Other features | User-friendly platforms, strong educational resources | Extensive research tools, advanced charting |
Deposit methods | Credit/Debit Card, Bank Transfer, Wire Transfer, PayPal, Skrill, Neteller | Credit/Debit Card, Bank Transfer, Wire Transfer, PayPal |
Withdrawal methods | Credit/Debit Card, Bank Transfer, Wire Transfer | Credit/Debit Card, Bank Transfer, Wire Transfer |
Fees & commissions | Variable spreads, commissions on Raw Spread accounts, inactivity fees, currency conversion fees | Variable spreads, commissions on CFDs, inactivity fees, currency conversion fees, wire transfer fees |
Conclusion
Forex.com is ideal for traders looking for lower minimum deposits and solid platform variety, while IG offers a broader asset range and tools that are more advanced for experienced traders. However, consider your individual needs and risk tolerance before opening an account.
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