1. Home
  2. Online Brokers and Trading Platforms 2023

ForexChief vs IG Group

ForexChief vs IG Group Comparison Table 2023
ForexChief IG Group
Review
3.3

ForexChief is #5 in our CFD broker rankings.

Review
4.4

IG Group is #2 in our CFD broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.

IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.

Forex trading involves risk. Losses can exceed deposits
Pros
  • Full range of investments
  • Low minimum deposit
  • MT4 integration
  • Copy trading
Cons
  • Weak regulatory oversight
Awards
  • Best Customer Service 2022 - Online Money Awards
  • Best Spread Betting Provider 2022 - Online Money Awards
  • Best Platform for the Active Trader 2022 - ADVFN International Financial Awards
  • Best Multi Platform Provider 2022 - ADVFN International Financial Awards
  • Best Finance App 2022 - ADVFN International Financial Awards
Promotions

Download The ForexChief App For A $100 No Deposit Bonus
Bonus
$100 No Deposit Bonus
Instruments
CFDs, Forex, Metals, Commodities, Stocks, Indices Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting
Demo Account
Yes Yes
Minimum Deposit
$10 £250
Payment Methods
Minimum Trade
0.01 lots 0.1 lots
Regulator
VFSC FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Margin Trading
Yes Yes
Margin Rate
0.1%
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
Yes No
ECN Account
No No
DMA Account
No Yes
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs Yes
Copy Trading
Yes No
Copy Trading Platform
Clients can follow copy trading signals on the MetaTrader platform. Alternatively, signal providers can generate extra income by selling their positions.
Social Trading
No No
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals. Trade leveraged CFDs on a variety of assets including stocks, commodities and forex
Leverage
1:1000 1:30
FTSE Spread
70 1.0 pt
GBPUSD Spread<
0.9 from 0.589 pips
Oil Spread
12 2.8 pips
Stocks Spread
50 Variable
Forex Trading
ForexChief supports spot foreign exchange trading on all account types for 40+ major, minor and exotic currency pairs on both MT4 and MT5. Trade a range of major, minor and exotic currencies
Forex App

IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.
GBPUSD Spread
0.9 from 0.589 pips
EURUSD Spread
0.4 from 0.165 pips
EURGBP Spread
0.9 from 0.540 pips
Assets
40 90+
Cryptocurrency
ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar. Trade four major cryptocurrencies paired with USD
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
Forex trading involves risk. Losses can exceed deposits
More Comparisons
ForexChief
vs
 IG Group
vs