FOREX.com vs IG: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFOREX.comIG
Licence Score86Very strong93Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record711
1 FCA United Kingdom LicensedLicensed · FRN 195355
1 ASIC Australia LicensedLicensed
1 JFSA Japan LicensedLicensed
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore LicensedLicensed
1 BaFin Germany —Licensed
1 CIRO Canada Licensed—
1 FINMA Switzerland —Licensed
2 CySEC Cyprus Licensed—
2 FSCA South Africa —Licensed · FSP 41393
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand —Licensed
3 BMA Bermuda —Licensed
Founded20011974
HeadquartersUnited StatesUnited Kingdom
TypeForex & CFD brokerSpread betting & CFD provider
Publicly listedNASDAQ:SNEXLSE:IGG
PlatformsProprietary, MT4, MT5, TradingViewProprietary, MT4, ProRealTime, TradingView
Minimum depositUS$100No minimum
VisitVisit siteVisit site

Frequently asked questions

Is FOREX.com or IG better regulated?

IG has the higher Licence Score (93 vs 86), based on the number and tier of licences, operating history and public listing.

Which regulators license both FOREX.com and IG?

Both are matched to licences from ASIC, CFTC / NFA, FCA, JFSA and MAS.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.