Compare Forex.com vs IG


Online brokers compared for fees, trading platforms, safety and more. See how Forex.com stacks up against IG!

Forex.com vs IG
overall rating
4.4
4.5
overall pros
  • Low forex fees
  • Great variety of currency pairs
  • Diverse technical research tools
  • First-class web trading platform
  • Superb educational tools
  • Great deposit and withdrawal options
overall cons
  • Limited product portfolio
  • High stock CFD fees
  • Non-user-friendly desktop platform
  • High stock CFD fees
  • Limited product portfolio
  • Poor phone support
fees
4.0
  • Low forex fees
  • No withdrawal fee
  • Low stock index CFD fees
  • Inactivity fee
  • High stock CFD fees
3.0
  • No withdrawal fee
  • Low index CFD trading fees
  • Inactivity fee
  • High stock CFD fee
account opening
4.0
  • Fully digital
  • Low minimum deposit
  • User-friendly
  • Relatively slow account verification
4.0
  • Fully digital
  • Low minimum deposit
  • No minimum deposit for bank transfer
  • Slower account opening
deposit and withdrawal
4.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Problem with credit card withdrawal
5.0
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
4.0
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
mobile trading platform
4.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
5.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No two-step (safer) login
  • Poor design
markets and products
2.0
  • Forex
  • CFD
  • Crypto
3.0
  • Stock
  • ETF
  • Forex
  • Options
  • CFD
  • Crypto
  • Equities for UK clients
  • Robo-advisory service in the UK
  • IPOs
research
4.0
  • Good interactive chart
  • Trading ideas
  • High-quality market reports
  • No fundamental data available
4.0
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • No fundamental data available
customer service
4.0
  • Live chat
  • Great telephone support
  • 24-hour support Sunday to Friday
  • No 24/7 support
  • Poor email support
4.0
  • Phone support
  • Live chat
  • Relevant answers
  • Poor phone support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • No webinars
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Does not hold a banking license
recommended for Forex traders looking for low fees and great research tools Traders of any experience level looking for an easy-to-use trading platform
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