Choose Forex.com if you want…
US-resident traders + multi-jurisdictional traders wanting a major publicly-listed broker with deep market access.
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.
| 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 | — |
US-resident traders + multi-jurisdictional traders wanting a major publicly-listed broker with deep market access.
Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.
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.
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.
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.
Forex.com: $100. IG: $0 (no minimum). IG has the lower entry barrier.