Forex.comvs
IGCrypto Exchange Comparison
Forex.com and IG square off in the CFD crypto space, weighing regulation, platform strength, and asset breadth. The matchup highlights tension between oversight and coin availability.
Our Verdict
IG winsby 0.3 pts
IG edges Forex.com on the editorial score, with IG at 4.2 versus 3.9 for Forex.com. IG also benefits from stronger regulatory credibility and a broader coin offering (70 coins vs 6).
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Forex.com offers 24/5 live chat while IG does not.
- 2IG provides 70 coins versus Forex.com's 6.
- 3IG has no deposit fees on standard funding methods.
Who should choose Forex.com vs IG?
Find out which crypto exchange best suits your trading profile.
Choose Forex.com if…
Forex.com: You can access 24/5 live chat with Forex.com. Forex.com charges a deposit fee on some funding methods. IG: IG does not offer 24/5 live chat. IG has 70 coins and no standard funding fees.
Choose IG if…
Forex.com: You can access 24/5 live chat with Forex.com. Forex.com charges a deposit fee on some funding methods. IG: IG does not offer 24/5 live chat. IG has 70 coins and no standard funding fees.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
IG is best for security, with a 5.0/5 trust and regulation rating.
Best for low fees
Recommended
Forex.com vs IG: Side-by-Side Crypto Exchange Comparison
| Criteria |  Forex.com |  IG |
|---|---|---|
| Editorial score | 3.9/ 5 | 4.2/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 1 pips | 0.6 pips▼ lower |
| Taker Fee | 7.00% | N/A |
Forex.com vs IG Crypto Exchange Pros & Cons
Pros
- NFA/CFTC and FCA regulated, highest regulatory standard available for crypto CFDs
- Advanced charting platforms including TradingView integration
- Strong institutional research and market analysis tools
Cons
- US leverage caps (10:1 on crypto) significantly lower than offshore alternatives
- Commission structure adds up for high-frequency crypto traders
Forex.com vs IG: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
Forex.com
criteria win
1
IG
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | Forex.com | IG |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Fail | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
Forex.com vs IG: Frequently Asked Questions
The scores are close: Forex.com 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 lower spread from 0.6, compared with Forex.com's 1. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
IG has no minimum deposit, while Forex.com requires at least $100. This makes IG more accessible for traders looking to start with a smaller crypto investment.
Both Forex.com and IG hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: IG has no minimum deposit, removing the capital barrier entirely, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Forex.com offers up to 50:1 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.
Forex.com charges $7 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.
Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while IG supports ProRealTime, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. Forex.com has exclusive access to MetaTrader 5. IG has exclusive access to ProRealTime and TradingView.
IG scores better on fee criteria (no deposit fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
