FOREX.com vs IG
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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These are different service types — a money-transfer service, bank or stockbroker isn’t a like-for-like alternative to a forex/CFD broker. Compare with that in mind.
Safer pick IG leads on safety — winning 3 of 4
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
85
✓20
Verdict
Severe
Low risk
Regulatedⓘ
Yes
Yes
Licenses
2
✓8
Tier-1 regulatorsⓘ
1
✓5
Trustpilot score
—
3.7
Reviews collected
—
9867
Exit riskⓘ lower = safer
—
Elevated
Known clonesⓘ
✓0
2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
—
Max leverage
—
1:200
Min spread (best acct)
—
from 0.142
Commission
—
—
Cost grade
—
—
Account types
0
✓2
Best for
Suits
—
Experienced traders who value a well-regulated, multi-jurisdiction broker, Traders who prioritize fast order execution and a reliable platform, Those who rarely need customer support and can manage issues independently
Not for
Any trader, given the severe risk flags and lack of verifiable information
Traders who expect responsive, human customer support, Those who require smooth and quick withdrawal processes, New traders who may need guidance and hand-holding
Products & Funding
Instruments
—
Foreign exchange, precious metals, CFD
Deposit methods
—
--
Withdrawal
—
--
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2023-03-03
2017-09-07
Headquarters
🇬🇧 United Kingdom
🇬🇧 United Kingdom
Employees
0
38
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.