ForexVox
IG
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Overview
ForexVox was founded in 2019 and is headquartered in UK, while IG was established in 1974 and is based in UK. ForexVox holds licences including Financial Conduct Authority (FCA) in the United Kingdom, while IG is regulated by Financial Conduct Authority (FCA) among others. ForexVox serves 10,000+ clients worldwide; IG has 178,500+. The minimum deposit is $0 at ForexVox and $200 at IG.
| Feature | ForexVox | IG |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Regulation | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) |
| Founded | 2019 | 1974 |
| Country | UK | UK |
| Clients | 10,000+ | 178,500+ |
Fees
Fees are a critical factor when choosing between ForexVox and IG, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $200 at IG). ForexVox charges withdrawal fees while IG does not, a notable advantage for frequent withdrawers. Overall, ForexVox scores higher on fees in our assessment.
| Feature | ForexVox | IG |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ForexVox offers MT4, MT5, while IG supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. IG edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexVox | IG |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5 | MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ForexVox and IG compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. IG integrates third-party research tools (Trading Central); ForexVox does not. IG maintains an archive of past webinars for on-demand viewing. ForexVox scores higher overall in education and research.
| Feature | ForexVox | IG |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ForexVox accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while IG supports 3 (bank transfer, credit/debit card, PayPal). ForexVox uniquely supports Skrill and Neteller among the two brokers. ForexVox scores higher on deposit and withdrawal flexibility.
| Feature | ForexVox | IG |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexVox and IG offer live chat support. Both provide phone support. Email support is available at both brokers. ForexVox supports 4 languages and IG supports 5, giving IG broader global reach. Both brokers are comparable on support quality.
| Feature | ForexVox | IG |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Russian, Indonesian, Malaysian | English, French, German, Spanish, and Portuguese |