Basic data of broker
Recommended for Forex traders looking for low fees and great research tools
Recommended for Traders of any experience level looking for an easy-to-use trading platform
USA
UK
Fees
Low trading and average non-trading fees, low forex fees
High trading fees, average non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
7
6
Deposit type
Withdrawal type
Account opening
$100
$0
1-3 days
1-3 days
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 71.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits.
Research, education
Great
Great
Customer service
Security
£85k to UK clients, CAD 1 million to Canadian clients, $0 to others
£85k to UK, €20k to EU clients, CHF 100k to Swiss, and $0 to other clients
£85k to UK clients, CAD 1 million to Canadian clients, $0 to others
£85k to UK, €20k to EU clients, CHF 100k to Swiss, and $0 to other clients
2001
1974
USA, UK, Canada, Japan, Cayman Islands, Cyprus, Hong Kong, Singapore, Australia
UK, EU, Switzerland, USA, Singapore, Japan, South Africa, UAE, Australia, New Zealand
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Forex.com's service is on par with IG's and a comparison of their fees shows that Forex.com's fees are similar to IG's.
Account opening takes about the same effort at Forex.com compared to IG, deposit and withdrawal processes are about the same quality at Forex.com, while customer service quality is somewhat lower than IG's.
Our experts rated the trading platform of Forex.com as somewhat worse than the platform of IG, found that clients have access to much less markets and products with Forex.com, while IG provides somewhat lower-quality research and education.