IG Markets

IG offers traders worldwide trading Forex, Stocks, Cryptocurrencies and CFDs. They have an excellent selection of easy-to-use trading platforms, trading tools and educational resources to help traders.

IG spreads are tight, commission fees are low, and trade execution speeds are fast due to the brokers' deep liquidity pools.

IG is also regulated in many countries, including the widely respected FCA, ASIC, BaFin, CFTC and NFA regulations. It is a well-respected broker that has been providing world-class trading services since 1974.

Pros / Cons
  • Strict regulation in various jurisdictions
  • Powerful and easy-to-use trading platforms for desktop, web and mobile
  • Huge range of over 17.000 trading instruments
  • Narrow spreads, low commissions and fast trade execution speeds
  • Many trading tools to help traders
  • free trading signals
  • IG Academy with educational resources
  • Convenient account funding methods
  • Fee-free deposits and withdrawals
  • Accepts traders in the US and most other countries
  • FIX API DMA Trading
  • Islamic accounts without swap
  • Availability of segregated accounts in accordance with the requirements of your regulators
  • Independent external audit
  • Works 24 hours a day
  • Respond promptly to your questions
  • Inactivity rate after 2 years
  • Licenses from other jurisdictions are unlikely to be of any use to IG Group traders in the event of a conflict of interest

IG Markts Summary

IG is an award-winning, world-leading online brokerage and investment provider that provides traders with access to opportunities in thousands of financial markets through its intuitive trading platforms and apps.

Founded in 1974 as one of the first trading brokers, IG has become an industry leader with over 300.000 clients worldwide. They serve customers all over the world, from offices in 15 countries, based on five continents. IG Group is one of the largest trading brokers in the world and is listed on the London Stock Exchange (LSE).

Some professional aspects of the IG broker include a top-notch user interface, excellent educational tools, and lots of options for deposits and withdrawals.

They offer leveraged trading through contracts for differences (CFDs), financial products that allow you to trade the markets with long and short positions, speculating on price movements without physically owning the underlying asset.

IG broker is trusted by many traders as one of the biggest brokers in the world with first class services. They are regulated and authorized to offer online trading services in multiple jurisdictions on multiple continents, fully invested in the safety and success of their clients.

IG has built its business around being on the client side as it is in their own interest for clients to be profitable so they continue to trade with the broker. As part of this commitment, the broker has adhered to the FX Global Code of Conduct, which establishes a common set of guidelines for good practice in the markets.

IG broker features

IG broker features

Respected review site Trustpilot has IG currently showing a “great” rating based on thousands of reviews.

This is a testament to the first class trading services and customer support they offer. Their award-winning trading services have been recognized repeatedly by the brokerage industry both for the services and the innovative trading technologies they provide.

Prizes they won include:

  • ADVFN International Finance Awards Best Multi-Platform Provider 2018;
  • Online Personal Wealth Awards Best Trading Support 2018;
  • Best General Wealth Provider 2018;
  • Professional Trader Awards Best Overall Professional Trading Account 2019;
  • Best Trading App 2019.

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.

IG aims to offer the best prices and the tightest spreads with deep liquidity and advanced trading options.

They are a commitment to providing the best execution, a transparent policy and an automated process that allows you to put the client's interests first.

The broker implements symmetric tolerance, stating that you will always get the price you want (or better) on limit orders and on quote.

They pass positive slippage and offer guaranteed stops to help you avoid negative slippage. 98,3% of orders are fulfilled (based on IG Group OTC data for October 2019). Rejections are due to underlying market dynamics as well as erroneous/excessive orders.

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.

Some of the benefits of trading online with IG include:

  • Platforms: Easy to use, fast and powerful trading platforms so you can quickly identify and respond to trading opportunities;
  • Markets: Wide market range of over 17.000 markets, including more 24-hour indices than any provider, US stocks after hours, and over 80 Forex markets;
  • Conditions: Fast trade execution speeds, tight spreads and competitive commissions;
  • Tools: State-of-the-art trading tools to assist traders in performing thorough technical and fundamental market analysis;
  • Education: Range of training resources and educational materials such as seminars to help you become a better trader by increasing your trading knowledge and improving your trading skills;
  • Support & Admin: Friendly, fast and expert staff who are available 24 hours a day to provide first class customer service;
  • Guidance: Personal service to ensure you are comfortable with the products during your initial period of trading with IG, they have a dedicated team on hand to offer individual guidance;
  • Protection: Effective risk management to help traders protect their capital with a variety of stop and limit orders. Clients can easily track funds with an always visible snapshot of their profit and loss;
  • Under Measure: premium services for high volume traders who may qualify for a personal account manager and custom analysis from the IG team;
  • Community: IG community where you can share ideas, opportunities and advice online with like-minded traders;
  • Regulation: Multiple regulation helps to give traders peace of mind and protection.

Security

IG is a trade name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). IG Markets Ltd (registration number 195355) and IG Index Ltd (registration number 114059) are authorized and regulated by the Financial Conduct Authority (FCA) in the UK.

The Financial Conduct Authority is a financial regulatory body in the UK, but it operates independently of the UK government and is funded by charging fees to members of the financial services industry.

The purpose of the FCA is to ensure an adequate degree of consumer protection, protect and improve the integrity of the UK financial system and promote effective competition in the interests of consumers.

The FCA has strict regulatory requirements known as client money and client assets rules (found in the Client Assets Sourcebook — CASS), which govern exactly what brokers can do and how they must do it.

The FCA regulation is generally considered by many to be one of the strictest regulators available and ensures that the IG must comply with established rules and regulations to protect investors.

FCA regulations can give clients peace of mind that they are trading online with a trusted broker and have protection in the unlikely event that something goes wrong.

IG is also a trade name of IG US LLC (a company registered in Delaware under number 6570306). The IG is an RFED and IB registered with the Commodities Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA ID 0509630).

The US Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974 that regulates US derivatives markets, which include futures, swaps and certain types of options. The CFTC's mission is to promote the integrity, resilience and vitality of US derivatives markets through strong regulation.

The National Futures Association (NFA) is the self-regulatory organization for the US derivatives industry, including exchange-traded futures, over-the-counter retail foreign currency and over-the-counter derivatives. Designated by the CFTC as a registered futures association, the NFA strives every day to protect the integrity of derivatives markets, protect investors and ensure members meet their regulatory responsibilities.

The NFA is another well-respected regulator that any US trader would likely look to before opening an online trading account with a brokerage like IG. NFA regulation can also give traders peace of mind that they are using an established and transparent broker that must follow strict rules and guidelines to help protect investors' interests.

Impressively, in addition to FCA and NFA regulation, IG is also regulated by other regulators to operate in multiple jurisdictions. They have perhaps the most diverse regulation in place of any online broker, making them one of the most trusted online brokers in the industry.

Please see a list of IG regulators:

  • United Kingdom — Financial Conduct Authority (FCA)
  • USA — Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA)
  • Europe – Federal Financial Supervisory Authority (BaFin)
  • Switzerland — Swiss Financial Market Supervisory Authority (FINMA)
  • Australia — Australian Securities and Investments Commission (ASIC)
  • New Zealand — Financial Markets Authority (FMA)
  • Singapore — Monetary Authority of Singapore (MAS)
  • Japan — Japanese Financial Services Authority (JFSA)
  • South Africa — Financial Sector Conduct Authority (FSCA)
  • Emirados Arabes Unidos — Dubai Financial Services Authority (DFSA)

Each regulatory body has its own set of rules and principles, but their objective remains relatively the same — to protect the interests of investors and ensure that the broker operates with honesty, integrity and in a fully transparent manner.

The sheer amount of regulation that IG embodies gives us complete confidence that they are a broker we can trust.

When you deposit money into an IG account as a retail customer, it is protected in a number of ways.

Customers can be confident that when they deposit funds into an IG account, they are protected by being held in segregated accounts at regulated banks under fiduciary agreements.

This ensures that the money remains yours, not IG's. This also means that it is easily identifiable as customer money, so IG and its creditors have no encumbrances, encumbrances or rights to set off, or withhold on it.

They have multiple bank accounts segregated at a number of creditworthy banks such as Barclays and Lloyds. They intentionally ensure that customer money is split between multiple banks and are not allowed to keep it all in one place.

The broker cannot use their money for their own business activities, such as hedging transactions with other counterparties (or as a margin for our own hedging transactions), operating costs and are protected from their creditors.

The only clients whose cash and assets are not treated in this way are professional clients (such as other financial companies) or qualified counterparties who have signed a legal document explaining how their cash and assets are differently held (this is known as a 'transfer of securities' ).

In the unlikely event that IG goes into liquidation, all clients would have their share of the segregated cash or segregated assets returned, minus the costs to administrators in handling and distributing these funds.

Any shortfall in funds of up to £85.000 can be compensated under the Financial Services Compensation Scheme (FSCS).

FSCS is the netting fund of last resort for clients of authorized financial services companies.

It was designed by the UK government to act as a 'safety net' and generally covers private investors (retail customers) and small businesses if they have been customers of a financial services company that becomes insolvent.

It should also be noted that segregated accounts and offsets may not apply to all countries. You should check with the IG branch you are considering opening a trading account with and what protection you will have.

IG broker regulation

Countries

IG accepts traders from most countries, including the US and UK. You may find that the products and services offered may vary from country to country.

It is your responsibility to choose which IG entity best suits your individual needs.

Please note that joining a non-UK/non-European entity means that you are not subject to UK or European customer protections, including those for retail customer protection (such as leverage limits and negative balance protection), although local protections will apply.

This also means that your funds will not be covered by the Financial Services Compensation Scheme, although alternatives may still be available (see below for details).

IG account protection

IG trading platforms

IG has fast, easy to use, reliable, fully customizable and flexible trading platform options that are compatible with desktop computer, laptops, web browsers and mobile devices (iOS and Android).

The platforms you can choose from are IG's proprietary trading platform ProRealTime (PRT), L2 Dealer or the ever-popular MetaTrader 4 (MT4) trading platform.

The broker also offers direct market access (DMA) for professional traders who want to trade directly on the order books of major exchanges.

You should choose a platform that is compatible with your devices and offers the features and functionality that your trading strategies require.

If you are already familiar with a specific trading platform, you might want to stick with this option. If you are new to online trading, MetaTrader 4 is often a popular choice among new traders, but the IG trading platform is also very powerful and full of useful features.

IG trading platform

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.

The IG web trading platform is available online for all users interested in spread betting (UK) or CFD trading. You can manage your account, register cards, make payments, withdraw your funds and much more.

This platform also offers browser-based research tools such as news streaming, economic calendar and trading signals.

IG mobile trading platform

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.IG offers a tablet and mobile trading platform optimized for iPhone and Android. You have access to the same research and monitoring tools as the web-based platform, and you can view IG mobile charts anywhere.

Progressive IG Web App

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.

IG has launched a progressive web app (PWA), which gives customers anywhere in the world a seamless trading platform on any device — without having to visit a third-party app store.

PWA is optimized to help you receive critical trading updates quickly and easily, avoiding delays inherent in traditional app store review processes.

ProRealTime (PRT)

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.ProRealTime (PRT) is the leading advanced graphics package on the web, offering powerful monitoring tools, flexible access, and advanced analytics capabilities.

PRT is suitable for technical graphics users. PRT is free if you trade Forex or CFDs at least four times a month.

You can also trade via API through the PRT platform. You would do this if you wanted to send IG trades from a custom interface you created.

MetaTrader 4 (MT4) trading platform

MetaTrader 4 (MT4) trading platform

MetaTrader 4 is a popular third-party platform for CFD trading, with advanced analysis and automated trading tools.

Also, you can choose from 18 custom app add-ons. MT4 is free to download to trade Forex, indices, commodities, energies, metals, cryptos and more.

Developed by Russian software company MetaQuotes, MT4 has a user-friendly interface and is the trading platform of choice for millions of traders worldwide.

There is a large community where traders can share ideas, trading tools, trading signals and automated trading systems.

L2 dealer

L2 Dealer is a free downloadable stock trading platform that offers direct market access (DMA). Users can trade CFDs or use the stock trading service supported by useful monitoring tools like watchlists, price alert and orders. You can trade from charts and take advantage of price-enhancing technology at your fingertips.

IG FIX API

API means application programming interface. It is a program that connects two applications — for example, your IG trading account and your custom platform.

Trading with APIs allows you to gain direct access to the IG ecosystem, providing faster order execution and more control, which can enhance the trading experience.

Trading with APIs is an easy way to get live market data, historical prices and execute trades from any of your IG trading accounts — without having to manually go through multiple exchanges and dark pools for data and prices.

Instead, you can get the information directly to you, ensuring speed and efficiency.

You can trade directly through the IG API if you want to build your own trading platform. With the IG trading API, you can build your own solutions or use pre-made solutions to trade CFDs and other financial instruments.

Automate your trading by connecting your front-end solutions to IG's market-leading pricing and execution technology.

Trading APIs are popular among hedge funds and registered trading companies as they allow access to more advanced programs, but they are also widely used among traders and private investors.

You just need to generate an API key and connect to the IG API using the provided Excel application or start coding.

trading tools

IG also offers on-platform support that can help traders make decisions in an instant using powerful tools built into the platforms.

These tools can be used to help reinforce decisions with buy and sell signals, react to events with up-to-date Reuters news, and inform your trades with expert market analysis.

Technical and Fundamental Indicators

IG trading platforms have a wide range of built-in indicators that can help identify changing and trending market conditions.

You can place a technical indicator on the charts to help you get a clearer picture of price movement, while a fundamental indicator can help you identify market sentiment and movements caused by economic data releases.

IG trading alert

You never need to miss market movements or financial events with IG's free automated trading alerts.

Trading alerts are free, automatic and customizable notifications can be sent to you whenever your specs are triggered — such as when economic events occur, prices change and technical conditions change.

By having IG Markets monitor the markets for you, you can get on with your day and seize the opportunity when it arises.

These trading alerts have benefits including:

  • Know exactly when to expect economic events and what their results are. Set reminders to notify you of upcoming events, 5-60 minutes before they occur.
  • Get alerted when target prices or price changes are reached;
  • Place and create custom indicator alerts using popular indicators such as: Moving Average, Exponential Moving Average, MACD, RSI, Standard Deviation, Stochastic, Bollinger Bands, Price and Volume;
  • Saves you time by monitoring the markets on your behalf;
  • Instantly react to email, SMS or push notifications when you're on the go.

IG Trading Signals

IG trading signals can be used to help identify the right time to trade Forex, indices and commodities with IG free trading signals.

Trading signals are actionable 'buy' and 'sell' suggestions, based on technical or fundamental analysis. You can choose to receive signals directly to you as opportunities arise in selected markets and use them to help you decide how to trade.

It must be strongly emphasized that the signal service does not constitute and should not be considered investment advice. IG Markets provides an execution-only service.

You act on the signals entirely at your own risk.

  • Get free real-time trading ideas for your chosen markets;
  • Ongoing market analysis done on your behalf;
  • Easy to access via your mobile device or desktop.

IG's trading signals come directly from two third-party providers, Autochartist and PIA-First.

Autochartist's advanced pattern recognition technology and experienced PIA-First analysts monitor the markets on your behalf, giving you the best of both worlds in technical analysis software and professional expertise.

IG Trading Signals

Autochartist

Founded in 2004, Autochartist is a market leader in automated technical analysis.

  • Checks the markets and analyzes the data on various timeframes;
  • Provides objective information to help guide your trading decisions;
  • Eliminates subjectivity and guesswork from chart analysis.

Autochartist

PIA-First

Trading strategy service provided by two market professionals with over 45 years of combined experience.

  • Award-winning analysis;
  • Easy-to-implement trading strategies;
  • Expert commentary on market movements.

 

PIA-First Signals

automated trading

IG automated tradingYou can trade around the clock and never miss an opportunity with fully automated trading, now available on a variety of platforms provided by IG such as ProRealTime and MetaTrader 4 (MT4) as well as with their native APIs.

Create and refine your own trading algorithms, or use ready-to-use solutions, to speculate on the range of brokers from over 17.000 markets.

They also offer advanced technical analysis and charting tools to make algorithmic trading easier for you, whether you want to build and fully customize your own algorithms or use out-of-the-box solutions.

Automated trading uses computer code with chart and technical analysis to enter and exit trades according to defined parameters such as price movements or volatility levels.

Once current market conditions match any predetermined criteria, trading algorithms can execute a buy or sell order on your behalf.

They can also set stop and profit levels on your behalf. This can save you time examining the markets and means your trades are executed almost instantly.

Education

Whether you're new to the market or just looking to hone your skills, IG offers a variety of resources to help you find opportunities — and take your trading to the next level.

The IG academy helps you to develop your trading skills and knowledge. IG Academy is a free resource designed to help you become a more successful trader. Choose from a wide range of courses and webinars.

interactive education

This helps you to familiarize yourself with the fundamentals of trading, with infographics, video explanations, and end-of-course tests.

Webinars and seminars

IG hosts regular webinars and seminars where you can put your questions to market experts as they cover everything from identifying trading opportunities to using trading platforms.

Practice Trading

You can practice risk-free trading using your IG Academy login to access a demo account and trade live markets with $10.000 in virtual funds.

Practice accounts can provide a convenient way to try out the different platforms available and test your trading strategies.

IG Academy app

IG Academy app

Learn about trading online while on the go using the free IG Academy app.

You will be able to access all interactive courses and quizzes as usual, as well as participate in webinars and watch video explanations.

news and analysis

Stay up to date with the latest news affecting the markets and read IG's expert analysis of the latest market moves.

Trading Strategies

Clients can gain expert information on trading techniques and strategies that can help them capitalize on global markets.

financial events

You can explore upcoming economic and political events that you can add to your trading calendar to ensure you are keeping up with the latest fundamental market analysis.

Trading Glossary

IG provides an extensive trading glossary with commonly used terminology and clear explanations to help familiarize you with some of the common trading jargon.

IG community

There is a commercial discussion forum where customers can benefit from the knowledge shared with the IG community.

The forum is an online space for IG customers to chat with each other and with the expert support team.

Traders can chat about strategies and share trading tips, have questions answered by traders and staff, and get a preview of upcoming products.

IG community

Markets

You have three routes to the financial markets with IG — spread betting (UK), CFD trading and investing.

Each offers you a unique set of benefits. Spread betting and CFDs are derivative products, so you can take a position on a market price without owning any assets.

You do not need to enter the full value of your position when opening a trade as spread betting and CFDs are leveraged.

You must have a clear understanding of what leverage is and the risks involved in trading leveraged products. With leverage, losses as well as profits are magnified.

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.

Unlike traditional investing, spread betting and CFDs allow you to take advantage of falling and rising market prices.

If your account balance goes negative, IG mMarkets will bring you back to zero whether you are spread betting or trading CFDs. This only applies to trading-related debt and is not available to professional traders.

IG has one of the most impressive options of markets for online trading through its intuitive and easy-to-use trading platforms, including:

  • Forex: 80+ Forex currency pairs (major, minor and exotic FX crossovers);
  • Indices: 38+ Indices (baskets of different blue-chip stocks);
  • Stocks: 6.000+ Stocks/Shares (based on AU stocks, US, UK, EU, Canada, South Africa and Asian companies);
  • Commodities: 30+ Commodities (Cocoa, Coffee, Corn, Cotton, Wheat, Oats, Orange Juice, Rapeseed, Rice in Husk, Soybean, Soybean Meal, Soybean Oil, Sugar, Wood, Cattle, Lean Pork, etc);
  • Bonds: 10+ bonds (based on US, UK, EU and JP government bonds);
  • ETFs: 1.500+ ETFs (based on exchange-traded funds containing various tradable assets);
  • Metals: 10+ Metals (gold, silver, palladium, platinum, copper, aluminum, lead, nickel, zinc, iron ore, etc);
  • Energies: 7+ Energies (Crude Oil (WTI, Brent), Heating Oil, Gas, Carbon Emissions, Gasoline, Natural Gas, etc);
  • Futures: 8 Interest rate futures (based on Euribor, Eurodollar, Euroswiss, Euroyen, Deposit Stg, Short Stg, US 30 Days Fed Funds Rate, Aus 30 Days Interbank Rate);
    Cryptos: Popular cryptocurrencies including Bitcoin and Ethereum.

In addition to CFD trading, you can complement your trading with more traditional unleveraged brokerage and investment products such as stock trading, savings accounts and fully managed diversified portfolios designed to meet your individual goals and risk profile.

bills and fees

IG broker account types

IG Markets has a variety of account types with different features to meet the different needs of investors.

Some accounts are only available for certain countries. You may choose to trade through one of the international offices, based on your personal trading needs.

It is possible to open multiple accounts and trade with more than one IG office. Free Muslim friendly exchange accounts that comply with Sharia law are available upon request.

IG trading accounts

  • IG trading account;
  • Professional IG account;
  • IG options trading account;
  • IG turbo24 trading account;
  • Limited risk account;
  • Sharing trading account;
  • Swap-free account;
  • Exchange account (NADEX).

The minimum deposit to open a trading account is $250 or the equivalent in your account currency. Leverage of up to 1:200 (1:30 for EU and some non-EU customers) is offered.

IG primarily makes money from the spread, so there is no conflict of interest as they generally do not act as a counterparty to client trades.

IG does not normally benefit from the trading losses that an unsuccessful customer may experience. Sometimes you will also need to pay other fees when trading with any broker such as IG, including:

  • Stock/Share CFD Commission;
  • FX Conversion;
  • Overnight Rates;
  • Inactivity Fees.

For stock/equity trading, you will pay commission when you buy or sell stocks, or ETFs.

There is also a quarterly escrow fee depending on your trading activity. Share prices are offered in local denominations and the conversion rate to your chosen base currency is just 0,5%.

demo accounts

Demo trading accounts are available if you want to try IG's award-winning platform for free and develop your trading skills.

You can practice trading online with $10.000 in virtual funds, gain access to exclusive educational content on IG Academy, and test strategies on the go with the free mobile trading apps.

Traders often choose to use a demo account as it allows them to familiarize themselves with a trading platform, build their trading strategy and grow in confidence without having to risk real money.

The demo account is not just for newcomers. Experienced investors often like to use demo account to try out new strategies, tools or ideas, with the certainty that they will not result in loss of real funds.

professional trading

Professional clients can gain access to account features that are not available to retail clients, but in turn they lose certain investor protections.

As a professional IG customer, you will be responsible for ensuring that your account is not overdrawn. If this happens, you will need to make additional payments to get your balance back above zero.

If you answer 'yes,' to two or more of the following questions, you may be eligible to be classified as a professional trader.

  • Has your trade averaged 10 significant size leverage deals per quarter for the last 4 quarters?
  • Do you have a portfolio of financial instruments, including cash deposits, in excess of €500.000?
  • Have you worked in the financial industry in a professional position, requiring knowledge of derivatives trading, for at least one year?

IG Customer Support

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.

IG customer support is available to contact via email, phone, Twitter and perhaps most conveniently via online chat.

The experienced support team is available 24 hours a day from 8am Saturday to 22pm Friday.

The large and friendly staff will be happy to answer any general, account or technical questions you may have, quickly and efficiently. Support is offered in a wide range of languages.

IG Group offices worldwide

You can get instant answers to your questions about trading with IG Markets using the help and support website. From there, you can search a huge database for details or browse a variety of topics.

Deposit and Withdrawal

IG has a variety of convenient methods that make it as quick and easy as possible for you to deposit and withdraw funds to and from your trading account.

This includes bank transfer, credit/debit card and online payment systems such as PayPal. Please note that some methods may only be available for specific countries and not all are available for deposit and withdrawal.

Some fees may apply when using certain payment methods and vary by country of residence.

Withdrawal requests are processed the same day or the next if outside working hours. Withdrawal time may vary depending on payment provider and method.

Wire transfers can take a few business days to clear, while some methods can be instant. You can send proof of payment if you want to trade funds from a bank transfer immediately.

The fastest way to fund your account is by credit or debit card as successful payments are deposited immediately.

Before funding, you will need to register your chosen card. You can have up to five cards listed on your account at a time, but each card must be in your name and registered to the address you use for your IG account.

Some payment systems may have transaction limits, restrictions and requirements indicated on their respective websites. You may need to verify your account to remove limits for specific methods in some countries.

IG does not accept third-party payments. All funds deposited into your trading account must be under the same name as your IG trading account.

Accounts can be opened in multiple currencies. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Account opening

You can start trading online with IG today. There is a short, fully online account opening process that takes just a few minutes to complete.

They will ask you a few simple questions about your trading experience on the online account registration form that you can open by clicking the “create live account” button on the official IG website.

Once completed, the broker can usually verify your identity immediately, although you will need to provide proof of identification and address to use certain services.

Once your account is verified, you can fund your account whenever you want and start investing with IG.

IG trading account app

Summary about IG Markets

IG has a huge range of assets to trade on a variety of powerful and easy-to-use trading platforms including MetaTrader and direct market access with FIX API.

They offer an abundance of trading tools and educational resources suitable for traders of all experience levels. We found the customer support to be excellent, very quick and efficient in their responses.

Account types are flexible and have convenient deposit/withdrawal options.

Traders around the world can take advantage of IG Groups' superior trading conditions, including tight spreads, low commissions and fast trade execution speeds.

In addition to a full offering of trading products and services, they are regulated in many countries, so they are considered a reliable broker with the client's best interests in mind. IG is certainly a broker that many traders are happy to trade with.

Assessment Method

We value transparency and openness in the way we evaluate partners. To underscore this transparency, we have published our review process which includes a detailed analysis of the IG offering.

At the heart of this process is an assessment of the reliability of the broker, the offer of the broker's platform and the trading conditions offered to clients, which are summarized in this analysis. Each of them is evaluated and an overall score is calculated and assigned to the broker.

 

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.FAQs about IG Markets

 

What is IG's minimum deposit?
IG's minimum deposit is $250 or the equivalent in your account's base currency. This will allow you to start trading on a real account with the broker. It is a very reasonable minimum when you consider that some brokers require an initial deposit of $500 or even more. The minimum deposit is displayed on the payments screen when you process a payment. You can deposit a maximum of $30.000 per day with a credit card and up to $99.999 per day with a debit card.
How do I deposit money on IG?
You can deposit funds to IG by credit card, debit card, PayPal account or via bank transfer. To deposit funds into your IG account, simply log in and click 'add funds' next to the account you wish to deposit into. Card and PayPal payments can be instant, while bank transfer can take a few days to clear.
What are the IG deposit fees?
There is no deposit fee for debit cards, but a small 1% fee for credit cards and a 1,5% transfer fee if using PayPal. These are very low fees when compared to some other brokers.
How do I withdraw money from IG?
You can choose to withdraw your funds from IG by logging into your account and going to the 'active accounts' tab where you can select 'withdraw funds'. From there, you will be able to withdraw funds by bank transfer or back to a card or PayPal account as a refund. Bank/card withdrawals can take a few days to clear, while PayPal withdrawals are usually instant.

The minimum amount you can withdraw to a card or PayPal is £100 unless you have less than £100 available in your account. In this situation, you can withdraw up to the available amount. The maximum you can withdraw per day is $20.000 via card or $5.500 via PayPal, while there is no limit for bank transfer withdrawals.

What are the IG withdrawal fees?
IG does not charge a withdrawal fee. However, you may want to check with your bank account or PayPal to see if there will be any third-party fees involved.
What is the IG commission rate?
IG has some of the lowest fees of any brokerage we've reviewed. You pay zero commission on US stocks, with an exchange rate of just 0,5%. The more trades you make with IG, the lower the fees. The spread is the difference between the bid and ask prices, which may vary depending on current market conditions. In most cases, IG charges its own spread in addition to the market spread, which is its fee for the trade. Spread rates apply to CFD trades for all markets except stocks. For every stock CFD trade you will pay a commission instead of a spread. Other potential charges include overnight financing, guaranteed stop premiums, and any additional services you choose to purchase.
Are there IG inactivity fees?
If your IG account is inactive for two years, a $12 inactivity fee will apply. You can always withdraw your funds or close your account to avoid this.
What are the IG account types?
IG clients can choose a retail account based on the type of instruments they wish to trade. You can open a CFD trading account, spread betting account or stock trading account. A stock trading account allows you to buy and sell real shares of companies without using CFDs. Traders who want to access all these instruments can open an account that combines all three. IG also offers a professional account option for traders with a portfolio of over $500.000, at least one year of experience in the financial industry, and a regular trading history. Some of the benefits of an IG Pro account are access to lower margin rates (up to 90%), greater product variety and cash discounts. However, it is important to note that professional traders lose negative balance protection.
Is there an IG demo account?
Yes, there are IG demo accounts that are a great way to practice online trading without risking your own funds. You can use them to help familiarize yourself with IG's platforms, products and services. All IG demo accounts come pre-loaded with $10.000 in virtual funds and give you immediate access to the online platform and over 17.000 markets. It is important to keep in mind that demo account trading conditions may differ from a real trading environment due to liquidity, spreads, slippage and different emotions involved.
What are IG spreads?
The spread is the difference between the bid and ask prices that you must pay on each trade you make with a broker. It is essentially the difference between the highest price a buyer is willing to pay for an asset and the lowest price a seller is willing to accept. IG has variable spreads that vary depending on the underlying market prices. Under most conditions, they can usually offer the minimum spread, but when market prices increase, the spread will increase. Overall, IG spreads are some of the tightest we've seen on major FX currency pairs. It is important to keep in mind that demo account trading conditions may differ from a real trading environment due to liquidity, spreads, slippage and different emotions involved.
What is IG's leverage?
IG offers a maximum leverage of up to 1:200 for professional traders. IG's leverage may vary depending on your location and the instruments traded. Leverage allows you to trade a larger position size than you would otherwise be able to. While this can improve potential profit, it also significantly increases risk. Make sure you have a clear understanding of how leverage works and the impact it can have on your trading.
What is IG Margin and Stop Out Levels?
IG has a tiered margin system, which means they can offer rates that remain competitive, reflecting the size of their position and the associated liquidity of the market. They implement different margin requirements at different exposure levels. Margin rates can range between 3,33% and 50%. If you are a professional customer, you will qualify for preferential margin rates as low as 0,45%.
Is there an Islamic IG account?
Yes, you can open a swap-free Islamic IG account that complies with Sharia law and has 0% rollover fees on positions held overnight. Just contact IG support and they will be happy to set it up for you.
What are IG trading instruments?
IG provides a variety of ways to trade online, with spread betting, CFD trading and investing. You can choose from over 17.000 global markets including Forex, Commodities, Equities, Equities, Indices, Metals, Energies, Cryptocurrencies, Options, Bonds and ETFs.
How do I open a live IG account?
You can open an IG trading account by simply filling out a short form online on the broker’s website. Most clients can be ready to trade in just a few minutes. The IG account opening process is as follows: Fill out a simple form – They will ask about your trading knowledge to ensure you get the best experience Get instant verification – They can usually verify your identity right away Fund and start trading – You can start trading immediately.
How do I verify my IG account?
IG will need to verify your identity before opening an account for you. They aim to complete or respond to your application within a few business hours. You will need to provide them with a copy of the following documents: Identification: Passport or driving license – Proof of address: Bank statement, credit card bill or electricity bill for the last six months.
What is the IG trading platform?
IG has a selection of powerful, sophisticated and easy to use trading platforms. You can choose from MetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer and FIX API connectivity. Whatever your experience level or trading needs, there is something for everyone.
Where can I download the IG platform?
You can download any of the IG trading platforms directly from the brokers' website or the relevant app stores. They are completely free to use.
Where is the IG located?
IG UK's headquarters are located in London, and the broker has operations in 16 other countries. The first overseas office, in Melbourne, Australia, opened in 2002. They launched an IG Bank SA representative office in Zurich in 2018 (following the opening of IG Bank in Geneva in 2014), followed by an IG Europe office in Frankfurt in 2019.
Is the GI regulated?
Yes, IG is publicly traded (LON: IGG) and regulated in six tier 1 jurisdictions, making it a trusted broker for forex and CFD trading. IG regulation includes FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF.
Which countries does IG accept?
Traders from all over the world can open an IG trading account excluding some countries that cannot accept clients like Afghanistan, Anjouan, Belgium, Bulgaria, Burma/Myanmar, Cambodia, Canada, Central African Republic, Chad, Comoros, Congo, Cote d'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo (DRC), Equatorial Guinea, Ethiopia, Guinea, Haiti, Iran, Iraq, Kosovo, Liberia, Libya, Mauritania, Montserrat, Myanmar, Niger, Nigeria, Korea North, Palestinian Territory, Poland, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Turkmenistan, Venezuela, Western Sahara, Yemen, Zaire, Zimbabwe.
Is IG a scam?
No, IG is not a scam. They are one of the most well-known and respected brokers providing world-class trading products and services, since they were established in 1974 as the world's first spread betting company and are now global leaders in online trading and the winner of several awards. They have over 300.000 customers worldwide.
How can I contact IG support?
You can contact IG's multilingual support team via live chat, phone or email. They are around 24 hours a day from 8am on Saturday to 22pm on Friday. We found them to be very quick, polite and efficient in answering a variety of questions.

 

$ 10.000
Demonstration Account

IG offers over 17.000 instruments including Forex, Stocks, Cryptos and CFDs. They provide easy-to-use platforms with tight spreads, low commission rates and reliable execution speeds.