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FOREX.com vs IG 2026
A detailed head-to-head comparison of FOREX.com and IG across regulation, trading costs, platforms, and more.
Score Breakdown
Category-by-Category Winner
Detailed Comparison
Overview
Trading Costs
Platforms & Features
Instruments
FOREX.com vs IG: Our Analysis
Overall Verdict
With an overall score of 83.7/100 vs 78.7/100, IG edges out FOREX.com by 5.0 points. This moderate gap suggests IG has an edge in several key areas.
Trading Costs
On the EUR/USD pair, FOREX.com offers an average spread of 1.30 pips with a $5.00 round-turn commission, while IG comes in at 0.60 pips commission-free. IG offers tighter pricing on EUR/USD. Minimum deposit is $100 at FOREX.com and $0 at IG.
Regulation & Safety
FOREX.com holds 4 regulatory licenses with a highest tier of Tier 1 (CFTC/NFA, FCA, ASIC), while IG has 6 licenses at Tier 1 (FCA, ASIC, BaFin). IG has more regulatory licenses overall.
Platform Comparison
FOREX.com offers MT4, MT5, TradingView, FOREX.com Advanced Platform — uniquely offering MT5, TradingView, FOREX.com Advanced Platform which IG does not have. IG supports MT4, IG Trading Platform, with exclusive access to IG Trading Platform. FOREX.com provides a wider platform selection.
Who Should Choose Which?
FOREX.com suits a broad range of trading styles, while IG is better for cost-conscious traders, beginners seeking education, traders who want advanced tools, traders who prioritize safety, traders wanting a wide instrument range. Both brokers offer demo accounts, so you can test each before committing real funds.
Frequently Asked Questions
Based on our testing, IG scores higher overall at 83.7/100 compared to FOREX.com's 78.7/100. However, "better" depends on your priorities — FOREX.com may be superior in specific categories like certain niche features.
IG offers tighter spreads with an average EUR/USD spread of 0.60 pips, compared to 1.30 pips at FOREX.com. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.
IG scores higher for regulation and trust at 98/100, holding licenses from FCA, ASIC, BaFin. FOREX.com scores 92/100 with CFTC/NFA, FCA, ASIC.
For beginners, IG is the stronger choice with an education and research score of 85/100. It offers structured trading courses, webinars, and a free demo account. FOREX.com scores 82/100 for education.
Yes, there is no restriction on having accounts with both FOREX.com and IG simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.
Reviewed by
Neil CNeil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.
Last updated: April 2026