Forex trading platforms

Compare pairs, prices, and fees of foreign exchange trading platforms.

Written by Bill Ryan Natividad |

Verified by David Boyd

Updated July 7, 2025 |

Comparing of 2 forex trading platforms

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IG forex

Highlights

Access over 80 forex pairs, including majors, minors, and exotics, with competitive spreads starting from 0.8 pips.
Choose between IG’s intuitive web platform, the feature-rich MetaTrader 4, or the powerful IG mobile app.
Offers Direct Market Access (DMA) for professional-level pricing and deeper liquidity on forex trades.
Regulated by the CFTC and NFA, providing strong oversight and client fund protection.
Real-time alerts and automated risk management tools, including guaranteed stop-loss orders, built into the platform.

Pros

Fast and reliable order execution backed by years of global trading experience.
Flexible account options, including tax-advantaged individual accounts and professional setups.
In-depth market analysis, live strategy webinars, and a library of educational content integrated into the platform.
IG’s proprietary platform includes powerful charting tools and advanced order types like trailing stops and partial closes.
Dedicated customer support for U.S. traders available by phone, email, and live chat.
Offers a free, unlimited demo account for building strategies without financial risk.

Cons

The minimum initial deposit of $250 might feel high for some casual traders, though it’s reasonable compared to other advanced platforms.
U.S. clients can trade forex only.
Some of the more complex features, like DMA pricing, may require a learning curve for newer traders.
Weekend trading isn’t supported, so you’ll need to work within standard forex market hours.

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Forex.com forex

Highlights

Offers one of the largest forex selections in the U.S. with over 80 currency pairs, including majors, minors, and exotic options.
Features exceptional trade execution speed, with 99.9% of trades executed in less than one second, backed by robust liquidity.
Built-in TradingView integration gives you access to some of the best charting tools directly within Forex.com’s platform.
Regulated by CFTC and NFA, with client funds held in segregated accounts to ensure safety and compliance.
Choose from multiple account types, including commission-based pricing for tighter spreads or spread-only accounts for simple cost tracking.

Pros

Detailed performance analytics help you review each trade to refine your strategy over time.
Provides a deeper learning suite than many competitors, with courses tailored for beginners, intermediate, and advanced traders.
Seamless integration with third-party apps like NinjaTrader, TradingView, and MetaTrader 4 for custom workflows.
Offers the option to trade spot gold and silver alongside forex.
Strong platform stability even during periods of high market volatility.
Live customer service includes a U.S.-based trading desk for more complex queries and trading assistance.

Cons

The $100 minimum deposit might still feel high for users who just want to try out smaller positions before committing.
No access to CFDs, shares, or crypto trading for U.S. accounts.
Platform tools can be overwhelming at first, especially when switching between TradingView, NinjaTrader, and MetaTrader 4 setups.
Weekend trading is not available.

Disclaimer: The views expressed in this article are those of the writer’s alone and do not constitute financial advice. Advertisers cannot influence editorial content. However, Finty and/or the writer may have a financial interest in the companies mentioned. Finty is committed to providing factual, honest, and accurate information that is compliant with governing laws and regulations. Do your own due diligence and seek professional advice before deciding to invest in one of the products mentioned. For more information, see Finty’s editorial guidelines and terms and conditions.

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