IG Rated 2/5

IG Guide - Read our In Depth 2023 IG Review

IG is a well regulated online trading platform offering over 19,000 financial instruments including Forex, CFDs, cryptocurrency, commodities and shares. IG's social trading and copy trading offering is pretty basic when compared to other brokers, although there is an IG community feature and IGTV. Share trading with IG can be expensive. Make sure you understand the IG fees and commission charges before trading. The financial instruments on offer from IG will differ depending on your country of residence.

This detailed IG review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex, CFDs, Spread Betting, Share dealing.
*This content does not apply to US users.

Learn more about IG.

Benefits of Trading with IG

IG Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit No minimum deposit
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 239,000 IG users and traders
๐Ÿ“† Founded 1974
๐ŸŒ HQ UK
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
๐Ÿšซ Excluded Countries IG is not available in the following countries : US, BE, FR, IN, IL, PL, ZW

Open IG's Website

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is IG?

IG are a worldwide financial trading platform and broker. founded in 1974

Over 49 years later IG now serves over 239,000 retail investors Forex trading, CFDs trading, Spread Betting trading, and Share dealing trading.

IG are a global broker. IG have a head office in UK.

IG have a listed stock symbol. This means that IG have publically listed and you can officially buy/sell shares in IG on one of the worlds global stock market exchanges.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this IG review and assess how well the IG platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like IG. Choosing or shortlisting a trading platform like IG can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like IG.

As a result, selecting the right trading platform like IG requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like IG available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like IG requires thorough due diligence and careful consideration. Some IG trading features can be complex when trading on mobile or using the IG online trading platform. Beginners and inexperienced traders must take the time to learn how to use the IG trading tools properly. In our review of IG we explain the pros and cons. What IG offer, countries IG are available in. Who IG are regulated by and more.

IG Review Screenshot

When it comes to online trading with brokers like IG, carefully review IG as your broker can make or break your success. Choosing the right broker is essential to ensure your IG investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your IG review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of IG. You must also ensure the IG broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, IG needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with IG into easily digestible information in this IG review. We want to ensure you have all the knowledge necessary to use the IG trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with IG are the key to successful trading, so we've provided this detailed IG review. So, take a seat, grab a cup of coffee, and dive in to learn about IG and how it can benefit you or if IG is not for you.

The fact that IG has a Wikipedia page is a testament to its reputation and credibility in online trading. It's worth noting that Wikipedia content is highly moderated for accuracy, so having a page dedicated to IG speaks to its legitimacy and significance.

Creating a IG Wikipedia page is challenging, as it requires meeting strict criteria and providing accurate, verifiable information regarding IG. Wikipedia must include reliable sources that support the IG content on the page.

If you want to learn more about IG and its history, its Wikipedia page is an excellent resource. You can find valuable information about the IG founders, services, and industry reputation. Open the IG Wikipedia page.

Online investing with IG can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with IG, evaluating the IG platform is important. Evaluation includes researching the IG management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with IG. That's why it's essential to understand the IG company policies and practices before making any investment decisions. By doing your due diligence and understanding IG platform, you can make informed investment choices that align with your financial goals. So take the time to research IG thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this IG review you need to determine if IG is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to IG, so you can make a more informed decision and compare other brokers against IG.

If you want to look at some IG alternatives that might better fit your needs, we list and compare some of the best IG alternatives further down this IG review.

Trading online with IG requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the IG trading tools and features. You must know what you are doing when trading with IG. That's why we've compiled this detailed IG review with some important information that will hopefully make you more informed when online trading with IG.

IG Review Table of Contents

IG review
IG is a Multi-Assets Trading Platform with over 17000+ Assets

Learn more about IG. IG is a multi asset platform with 17000+ tradable Assets. Assets available on IG include Forex, CFDs, Spread Betting, Share dealing.

IG trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs, Spread Betting, Share dealing are considered financial assets.

Features of IG

IG review
What you should know

IG offer four ways to trade: Forex, CFDs, Spread Betting, Share dealing. The assets and products available to you on the IG trading platform depends on the region of the world, you are in and the IG entity you have an account.

With IG you will need a minimum deposit of $0. You can sign up for a demo account to acquaint yourself with IG platform.

IG are able to accommodate various levels of traders whether you are experienced or a beginner.

Are IG safe?

When considering IG for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as IG, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 1974, and in operation for 49 years IG have a head office in UK.

IG is regulated. This means IG are supervised by and is checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) regulatory bodies.

IG withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like IG are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. IG are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of IG and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. IG has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, IG will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like IG, you can enjoy peace of mind and focus on your trading activities. If IG violate any regulatory rules their regulated status could be stripped.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Is my money safe with IG?

All payments made to IG by traders are securely held in a segregated bank account.

IG uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should IG use them?

IG partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their IG clients' funds.

IG clients can have greater confidence in their financial security when working with a Tier 1 bank because IG are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in IG deposited in a Tier 1 bank?

Depositing funds with IG ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if IG were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that IG is a secure and safe platform.

Please be aware that trading in financial assets with IG carries a risk of loss. IG trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Spread Betting, Share dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

IG emphasizes this risk on its platform and provides clear risk warnings - Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. After answering some important questions about IG, let's closely examine its features.

To better understand the IG trading platform, you can create two separate accounts - one with real money and the other a IG demo account. A IG demo account provides a risk-free environment for experimenting with the IG platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in IG trading decisions.

Open a demo account Visit IG

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How IG as a Company Compare Against Other Brokers

Broker IG IC Markets Roboforex eToro
Year Established 1974 2007 2009 2007
Head Office UK Australia Belize Cyprus, UK
Regulation Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 239,000+ IG users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss Yes No No No
Learn More Visit IG Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

IG review
IG Pros and Cons

What we like about IG

  • Used by over 239,000 IG users and traders
  • Established in 1974
  • Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
  • Min. deposit from $0

What we don't like about IG

IG review
IG Regulation and Licensing in more detail

IG is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of IG going into insolvency. IG compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like IG to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for IG traders.

IG is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like IG you should be sure they're legitimate online agent.

Is IG Global?

Yes, IG is global as IG is available in over 188 countries.

IG is a global trading platform in the sense that it operates in 188 countries including nations in Africa, Asia, Oceania, and Europe. Major countries IG covers include the UK, Germany, South Africa, Thailand, China and Australia. As per its Wikipedia page, IG has a total of more than 239,000 users.

IG review
IG Awards

IG have won numerious industry awards over the 49 years they have been operating as a financial broker. We have listed the most notable awards and mentions for IG below.

  • Investopedia Online Brokers Awards Best for Forex Trading 2019
  • Forex Brokers Annual Review Number 1 Overall Broker 2019
  • ADVFN International Financial Awards Best Spread Betting and CFD Education Tools 2019
  • ADVFN International Financial Awards Best Multi Platform Provider 2019
  • ADVFN International Financial Awards Best Finance App 2019

IG review
IG Fees Explained

  • IG doesn't charge withdrawal fees.
  • IG does charge a fee for inactive accounts.
  • IG does charge deposit fees.

IG Costs To Check

Modern brokers like IG provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, IG may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall IG trading profitability.

How IG Fees Compare Against Other Brokers

Broker IG IC Markets Roboforex eToro
Min Deposit 0 200 10 50
Withdrawal Fees No No Yes Yes
Inactivity Fees Yes No No Yes
Deposit Fees Varies Varies No No
CFD Commission Fees Yes (0.1%) Yes No Yes

IG Minimum Deposit

IG does not require a minimum deposit when opening an IG trading account.

In the trading world, brokers like IG, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

IG Withdrawal Fees

IG doesn't charge withdrawal fees.

IG Withdrawal rules may vary across different brokers when it comes to transferring funds from your IG or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with IG may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the IG withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from IG. Researching and comparing IG withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing IG funds frequently or dealing with large sums of money. Awareness of these IG fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your IG funds.

For example, IG allows you to withdraw your funds to Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, BPAY, Payoneer.

IG Inactivity Fees

IG does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by IG terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all IG fees and services. It's recommended that you check the IG website before signing up. If you decide to close your IG account, it's important to do so with the IG broker customer support and obtain confirmation that no remaining IG fees are due.

Brokers like IG must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

IG Deposit Fees

IG do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

IG Commission Fees

IG does charge commission on CFD instruments.

Brokerage firms like IG may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the IG trading account level held by the trader.

IG may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing IG terms and conditions to understand the commission fees and any other charges that may apply is essential.

IG review
What can you trade with IG?

It's essential to note that the trading instruments offered under the IG brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the IG trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with IG over 17000 instruments in fact.

If you want to trade currency pairs on global Forex markets, IG offer over 100 currency pairs.

IG Compared To Other Brokers

Compare IG with IC Markets and Roboforex below.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

How IG Trading Options Compare Against Other Brokers

Broker IG IC Markets Roboforex eToro
Instruments Available 17000 2250 100 5000
Platforms MT4, Mac, Web Trader, L2 Dealer, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 100 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 34 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 8000 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit IG
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
74% of retail investor accounts lose money when trading CFDs with this provider.

IG review
Trading on IG web platforms and other applications

IG offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

A IG iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

IG also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See IG's platforms

Is the IG Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the IG trading platform to protect you on PC and mobile IG platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using IG web trading platforms.

IG Trading Platform Options

After logging into your IG account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that IG does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

IG does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options IG gives you.

IG review
IG MetaTrader 4 (MT4)

IG MetaTrader 4

IG MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on IG offers traders comprehensive features and tools to enhance their trading performance. The IG MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the IG platform to their needs. One of the standout features of MT4 is its charting functionality, which allows IG traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give IG traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 IG trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the IG MetaTrader 4 (MT4) trading platform. MT4 is a platform available with IG, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The IG MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. IG allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with IG in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. IG MetaTrader 4 is compatible with the latest macOS. IG allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on IG

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade IG MetaTrader 4 on iOS Devices

You can download the IG app or trade with IG through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. IG customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade IG MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and IG offers its clients access to the MetaTrader 4 platform on these devices. With the IG MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing IG traders to stay on top of their trades and react quickly to changes in the market. With the IG MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade IG MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on IG are a powerful bundle of three major indicators designed to help traders make informed decisions. IG MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help IG traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing IG traders to potentially stay one step ahead.

IG MetaTrader 4 Advanced Trading Tools

The IG MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give IG traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, IG provides traders with everything they need to succeed. The IG MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing IG traders to analyze the market at any level of complexity.

Trade IG MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

IG MetaTrader 4 AutoChartist

Autochartist on the IG platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for IG MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, IG traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save IG users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. IG traders can navigate the platform and find the information they need to make informed trading decisions.

IG Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for IG traders of all experience levels.

IG Trading benefits

  • IG Allows scalping
  • IG Allows hedging
  • IG Offers STP
  • IG Low min deposit
  • IG Guaranteed stop loss
  • IG Offers Negative Balance Protection

IG Trading Accounts Offered

Below we give an overview of the account types that IG offer. Whatever you are looking to trade, the varying IG account types will be able to provide you with what you need.

  • IG Demo account
  • IG Mini account
  • IG Standard account
  • IG STP account

Can I try IG?

IG provides a demo account that enables individuals to explore trading before investing their funds. By creating a IG practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the IG demo account can help individuals to make informed decisions before investing their money.

Open a demo IG account to practice and trade.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

IG withdrawal and funding methods

It's essential to remember that the payment methods provided by IG vary based on the IG entity and the IG client's country of residence. To view the IG payment options available, you can log into your IG member's area.

IG offers various funding payment methods listed in your IG dashboard if available in your region. To learn more about the IG funding and withdrawal options available in your area, you can explore the IG website.

IG provides several payment methods for funding your IG account. You may utilize any of these deposit options if they are available in your region. IG ensures that users have multiple payment methods to choose from, making it more convenient for verified IG account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the IG user's location. learn more about IG funding and withdrawal methods.

IG Payment Methods

Some IG payment methods are local and are available only to specific regions. IG account holders should check which payment methods are provided in your region.
  • IG accepts Credit cards
  • IG accepts VISA
  • IG accepts MasterCard
  • IG accepts Debit cards
  • IG accepts Bank Transfer
  • IG accepts Electronic wallets (eWallets)
  • IG accepts PayPal
  • IG accepts BPAY
  • IG accepts Payoneer
Broker IG IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes No Yes
Skrill No Yes Yes Yes
Payoneer Yes No Yes No
Neteller No Yes Yes Yes

*please note available IG and other broker payment methods depend on the clients country of residence.

How can I start trading with IG?

To open a trading account with IG, individuals can sign up on the IG website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for IG account validation and making a deposit. Once completed, IG users can download the trading platform of their choice.

It's important to note that IG requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps IG maintain a trustworthy financial environment for its 239,000 users. Detailed information on the IG trading platforms is available on their website.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Performing trades with IG

When using IG, the minimum trade size is typically £1 units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. IG have a max trade of Variable. With STP execution on the IG platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.

One of the IG platforms notable features is its claim of having no requotes, which means traders need not be concerned about slippage when executing trades (i.e., trades being executed at a price different from the intended price). No requotes can provide IG traders with greater confidence and peace of mind when trading on the IG platform. It's worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of IG trades.

Like other brokers, IG margin requirements can differ depending on the traded instrument.

IG offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about IG, and see all of the IG account features on the official IG website.

CFD Trading on IG

We will show you an example of the basics of using IG leverage.

CFD trading on IG allows traders to speculate on the price movements of various financial instruments against the broker IG, without actually owning real assets. With CFDs, IG traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

IG provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, IG leverage profits and losses are magnified when trading. For instance, using CFDs, you use the IG trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, IG leverage magnifies both profits and losses in trading.

Trading CFD trades on the IG platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced IG traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Limiting Your Risk When Trading with IG Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like IG. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a IG trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, IG trading losses are always limited to the current balance of funds in the trader's account.

Even if an IG trader experiences a significant loss, they will never owe more money than what is available in their IG account balance.

It's important for IG traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that IG losses are limited to the funds available in your IG account when negative balance protection is in place.

Limit Risk When Trading with IG Stop Loss, IG Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as IG . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for IG traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an IG trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide IG traders with an effective way to manage risk and protect their investments in volatile markets.

Education Resources at IG

To trade effectively with IG, it's important to have a good understanding of the IG trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with IG and externally.

IG . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with IG. Familiarizing yourself with the IG trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using IG. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with IG involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like IG, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with IG. Explore the IG platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with IG, before live trading.

Customer Support at IG

As part of our IG review, we review customer service options, response times and problem resolution effectiveness on the IG trading platform. The IG trading platform supports multiple languages, which includes English, French, German, Spanish, and Portuguese.

IG Available Support Types

Based on our experience, we have given IG a D grade for customer support. We encountered some slow response times or IG queries that were left unanswered.

Compared to other brokers, IG offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.

email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at IG

Our team tested the live chat support of IG and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.

In addition, we tested IG support services in various countries and languages and found that IG were able to effectively resolve our customer issues.

Email Support at IG

We tested the email support of IG by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any IG response.

The IG team did resolve and answer our queries, but the email support from IG was overall average compared to other brokers we have tested.

Phone Support at IG

We contacted IG via phone and received quick assistance within 10 minutes of our call.

The IG phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by IG and found that they could assist us in various languages.

While we found the IG phone support satisfactory, there is room for improvement in response time.

See how IG Support Compares Against Other Brokers

Broker IG IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, French, German, Spanish, and Portuguese English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit IG Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Losses can exceed deposits Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with IG

As IG is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC).

As a new client of IG, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with IG in your region. During the IG account opening process, you will be asked to provide IG with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with IG have the following documents available.

  • IG require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for IG compliance. This must be dated within the last six months.
  • If you plan to fund your IG account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the IG platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under IG Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring IG's platform.

However, remember that you won't be able to make trades on IG until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the IG KYC compliance process as soon as possible to avoid any delays in accessing the IG platform's features.

It is important to note that IG may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the IG platform and features immediately. However, you must pass the verification process to start live trading with IG, which can take up to a few business days.

To start the process of opening an account with IG you can visit the IG trading platform here.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.ig.com/ on October 01, 2023.

Watch this IG Explainer Video

Is IG A Good Broker?

We have spent over 5 years examining IG in depth. Although we found some very useful aspects of the IG platform that would be useful to some traders. We feel that a alternative to IG may better suit you.

  • IG have a good track record of offering Forex, CFDs, Spread Betting, Share dealing.
  • IG has a history of over 49 years.
  • IG has a reasonable sized customer support of at least 10.
  • IG are regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC). IG is subject to strict regulatory oversight from its respective jurisdiction, which holds IG (the broker) accountable for misconduct. This regulatory framework helps ensure that IG operates fairly and transparently and provides IG customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and IG.
  • IG have regulation from reputable regulators.
  • One of the advantages of using IG is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from IG are particularly important as IG traders want to receive their money quickly. With the efficient IG payment processing system, traders can enjoy faster access to their IG funds.
  • IG have an international presence in multiple countries. Including local IG seminars and training.
  • IG can hire people from various locations in the world who can better communicate in your local language.

IG Risk Disclosure

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

IG not quite right?

If after reading this IG review, IG does not fulfill your needs check out these IG Alternatives.

Click here to view the best IG Alternatives

We have spent years researching the best alternatives to IG. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective IG alternatives available today. If you are unsatisfied with IG or want to explore other options, we recommend checking out our carefully curated list of highly-rated IG alternatives. Follow the links below to learn more about these IG broker alternatives and choose the one that best suits your trading needs.

Related IG Vs Comparisons

Throughout our comprehensive IG review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing IG against other popular brokers in the industry, check out our IG Vs pages. Our team has compiled a series of detailed IG comparison articles, pitting the IG platform against some of the best-rated IG competitors in the market. Dive into our informative IG Vs pages below to find out how IG stacks up against other leading brokers.

IG review
IG Frequently Asked Questions

Read our detailed IG FAQ Section updated for 2023.

Can I try IG?

IG offer a demo account so you can try the IG platform with virtual trading before you put down a payment. Virtual trading with IG is zero risk. Learn more here

What funding methods do IG accept?

Please note that the list of payment methods below depends on the IG Entity and the client's Country of Residence.

IG offer the following funding payment methods Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, BPAY, Payoneer, among other payment methods.
Learn more here

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Is IG safe?

IG have over 239,000 users. IG are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC). Any payments funded to IG accounts by traders are held in a segregated bank account. For added security,IG use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with IG is risky, and because the market is so volatile, losses could happen at any time.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Is IG trading good?

IG is considered good and reputable to trade with IG. IG is used by over 239,000 traders and IG users. IG offers Forex trading, CFDs trading, Spread Betting trading, and Share dealing trading. Minimum deposit with IG is 0.

Is IG trading Legit?

IG was founded in UK in 1974. IG has been facilitating trade on the financial markets for over 49 years. IG offers clients Forex trading, CFDs trading, Spread Betting trading, and Share dealing trading. All funds deposited to IG are held in segregated bank accounts for security. IG is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) so can be considered legit.

Is IG a good broker?

IG allows Forex trading, CFDs trading, Spread Betting trading, and Share dealing trading. IG is overseen by the top tier financial regulators Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) so can be considered a good broker.

Is IG trustworthy broker?

IG is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to IG, money is in a segregated bank account that is separate from IG company's funds. As a regulated broker, IG cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by IG. Instead, your IG funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with IG. Also IG is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC).

What is the minimum deposit for IG?

The minimum deposit to trade with IG is 0.

How long do IG withdrawals take?

Withdrawing money from IG processing time varies depending on the method but averages 1-5 days.

Is IG regulated?

IG is regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC). Regulatory bodies conduct regular reviews and audits as part of IG maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is IG a market maker?

IG is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.

How can I start trading with IG?

When opening a trading account with IG, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on IG trading platforms, you can follow the link provided below: Learn more about signing up with the IG trading platform here. This will provide useful information and insights into the various trading platforms offered by IG, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with IG?

Yes your money is safe with IG.

Overall, strict financial regulation is essential for ensuring that trading platforms like IG operate fairly, transparently, and responsibly, which ultimately benefits all IG stakeholders involved.

Trading platforms like IG must have strict financial regulation for several reasons:

  • Protecting IG Investors: Strict financial regulation ensures that investors who use the IG trading platform are protected against fraudulent or unethical behavior by the IG platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the IG platform.
  • Maintaining IG Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the IG trading platform. Regulatory procedures reduce the likelihood of the IG platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing IG Transparency: Regulations require trading platforms like IG to maintain detailed records and disclose IG client information. Financial regulatory requirements enhances transparency and helps to build trust between the IG platform and its investors.

IG is regulated by the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC). When selecting a broker such as IG, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, IG ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like IG.

Is IG a con?

IG is regulated and well established, having been in business for over 49 years. IG is not a con.

Can you make money with IG?

Although traders have had great success with IG, trading on the financial markets with IG is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Does IG have fees?

IG doesn't charge withdrawal fees. IG does charge a fee for inactive accounts. IG do charge deposit fees.

When was IG founded?

IG was founded in 1974.

How many people use IG?

IG is used by over 239,000 registered IG users.

What is IG Headquarters country?

IG has its head quarters office in UK .

Does IG offer negative balance protection?

IG offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does IG offer guaranteed stop loss?

IG offers guaranteed stop loss protection. With guaranteed stop loss protection, the risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does IG allow scalping?

IG offers scalping.

Does IG allow hedging?

IG offers hedging.

Does IG offer CFD trading?

IG offers CFD trading.

Does IG offer STP?

IG offers STP trading.

How many people use IG?

IG is used by over 239000 IG users and traders.

Is IG an ECN broker?

IG does not offer ECN trading.

Does IG offer a demo account?

IG offers a demo account.

Does IG offer an Islamic account?

IG does not offer Islamic accounts.

What are the funding methods for IG?

Please note that funding methods and options available with IG can be found in the IG Members area and depend on the IG clientโ€™s country of residence. Please check your specific available payment methods on the IG website. IG accept the following funding methods : Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, BPAY, Payoneer.

IG review written by Andrew Blumer and Mark Hansen

We hope you found our review of the IG brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

IG review written by Mark Hansen of Comparebrokers.co