IG Group vs Forex.com
| IG Group | Forex.com |
|---|---|
4.4
IG Group is #3 in our CFD broker rankings. |
4.5
Forex.com is #1 in our broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience. |
Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of day trading markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders. |
| Forex trading involves risk. Losses can exceed deposits. | |
| Bonus Offer | |
| Active Trader Program With A 15% Reduction In Costs | |
| Comment by Reviewer | |
| "IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 17,000+ markets and top-tier market research." | "Forex.com is an excellent broker for active forex traders with over 80 currency pairs, tight spreads, low commissions and powerful charting platforms for day traders. " |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting | Forex, Spot Metals |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $100 |
| Trading Platforms | |
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| Payment Methods | |
| Debit Card, ACH Transfer, Wire Transfer | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA | NFA, CFTC |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2.5% | |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| Yes | Yes |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| Yes | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | No |
| Trade Signals | |
| Yes | SMART Signals |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $12 | $15 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
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| Commodities | |
| CFD Trading | |
| IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience. | CFD trading not offered |
| Leverage | |
| 1:30 (Retail), 1:250 (Pro) | 1:50 |
| FTSE Spread | |
| 1.0 | 1.0 |
| GBPUSD Spread | |
| 0.9 | 1.0 |
| Oil Spread | |
| 2.8 | 0.04 |
| Stocks Spread | |
| 0.02 | 0.1% (Min Commission Applies) |
| Forex Trading | |
| IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime. | Forex.com is a leading FX broker. The brand offers a wide range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.0 with a $7 commission per $100k. |
| 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. |
Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. |
| GBPUSD Spread | |
| 0.9 | 1.0 |
| EURUSD Spread | |
| 0.8 | 1.0 |
| EURGBP Spread | |
| 0.9 | 1.0 |
| Assets | |
| 80+ | 80+ |
| Currency Indices | |
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| Cryptocurrency | |
| 11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs. | Crypto trading not offered |
| Spread | |
| Variable | BTC 1.4%, ETH 2% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| Forex trading involves risk. Losses can exceed deposits. | |
| More Comparisons | |
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IG Group vs |
Forex.com vs |