Two distinct crypto trading experiences clash in this comparison. One emphasizes native exchange features and social trading, the other leverages regulated CFDs and broad platform tools.
IG edges BingX in editorial score, backed by higher trust/regulation and broader platform tools.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
IG wins for security due to top-tier regulators and segregated funds.
BingX offers low futures fees at 0.02% maker / 0.05% taker.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 4.2/ 5 |
| Min Deposit | No minimum | No minimum |
| Spreads From | N/A | 0.6 pips |
| Taker Fee | 0.10% | N/A |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | IG |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Fail | Pass |
The scores are close: BingX rates 3.9/5 and IG rates 4.2/5. IG has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
IG lists a spread from 0.6. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Neither BingX nor IG requires a minimum deposit, making both accessible regardless of starting capital.
IG holds top-tier regulation (ASIC, BaFin, DFSA), providing stronger investor protections. BingX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, IG provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each exchange's site before deciding.
BingX offers up to 150:1 on perpetual or margin products, versus IG's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade on commission-based accounts. Commission details for IG are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while IG supports MetaTrader 4, Proprietary Web/Mobile, TradingView, ProRealTime. Both provide Proprietary Web/Mobile. IG has exclusive access to MetaTrader 4 and TradingView and ProRealTime.
BingX scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
BingX lists 500+ coins while IG does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
Equally matched; neither offers DeFi features.
| N/A |
| N/A |
| Inactivity Fee | None | £12/month (after 24 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit cardPayPal |
|---|
| Withdrawal methods | CryptoBank transfer | Bank transferDebit cardPayPal |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | VARA | ASIC BaFin DFSA CMVM FCA Finanstilsynet Finanstilsynet FMA Finansinspektionen CBI NFA KNF |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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