Forex.com

⭐ 4.5 / 5
VS

IG

⭐ 4.6 / 5

Forex.com vs IG — which broker is better in 2026?

We compared Forex.com and IG across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. IG wins on more criteria (4 categories vs 0), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.

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Forex.com IG Winner
Rating ⭐ 4.5 / 5 ⭐ 4.6 / 5 IG
Regulators CFTC/NFA, FCA, ASIC, FSA Japan, MAS, CIMA, FSCA FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA IG
Min. deposit $100 $0 (no minimum) IG
Spreads from 0.8 pips (Standard) / 0.0 pips (RAW) 0.6 pips (FX) / 0.4 points (FTSE) IG
Max. leverage Up to 1:30 (EU retail) / 1:50 (US) Up to 1:30 (EU retail) / 1:200 (Pro)
Platforms MT4, MT5, Web Trader, TradingView, MotiveWave IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView Tie
Founded 2001 1974
HQ Bedminster, New Jersey / London London, United Kingdom

Pros & cons compared

Forex.com pros

  • ✓ Tier-1 regulated in 7 jurisdictions including US CFTC/NFA
  • ✓ Part of StoneX Group (NASDAQ-listed) — audited financials
  • ✓ Multi-platform: MT4, MT5, Web Trader, TradingView, MotiveWave
  • ✓ 5,000+ instruments incl. share CFDs from 30+ global exchanges
  • ✓ Strong institutional research + market analysis

Cons

  • ✗ Spreads on Standard account wider than RAW + commission accounts
  • ✗ $100 minimum deposit
  • ✗ Inactivity fee of $15/month after 12 months dormant

IG pros

  • ✓ Founded 1974 — oldest CFD/spread-bet broker (LSE: IGG)
  • ✓ Nine tier-1 regulators across UK, US, EU, APAC, Africa
  • ✓ 17,000+ instruments — broadest in retail FX/CFD industry
  • ✓ L2 Dealer DMA + ProRealTime for advanced traders
  • ✓ Direct US CFTC/NFA regulation (one of few non-US brokers)

Cons

  • ✗ Spreads on Standard account (0.6 pips FX) not the absolute tightest
  • ✗ Proprietary platform learning curve
  • ✗ EU leverage 1:30 (ESMA)
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Which one should you choose?

Choose Forex.com if you want…

US-resident traders + multi-jurisdictional traders wanting a major publicly-listed broker with deep market access.

Choose IG if you want…

Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.

Frequently asked questions

Which is better — Forex.com or IG?

Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), IG wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.

Is Forex.com more regulated than IG?

Forex.com holds licenses from: CFTC/NFA, FCA, ASIC, FSA Japan, MAS, CIMA, FSCA. IG holds licenses from: FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA. IG has more regulatory licenses, giving it broader geographic coverage.

What are the spreads at Forex.com vs IG?

Forex.com spreads start from 0.8 pips (Standard) / 0.0 pips (RAW). IG spreads start from 0.6 pips (FX) / 0.4 points (FTSE). Actual spreads vary by account type and market conditions.

Which has a lower minimum deposit, Forex.com or IG?

Forex.com: $100. IG: $0 (no minimum). IG has the lower entry barrier.