IG Group Review and Tutorial 2019

Traders in United States welcome
Forex trading involves risk. Losses can exceed deposits
IG Group Facts & Figures

IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA Regulated, boast a great trading app and have a 40 year track record of excellence.

InstrumentsCFD, Forex, Crypto
Demo AccountYes
Min. Deposit£250
Min. Trade£1
Regulated ByFCA
MT4 IntegrationYes
Mobile AppsiOS, Android, Windows and Blackberry
Trade SignalsYes (Via Chartist Software)
Islamic AccountNo
CFD
FTSE Spread1 pt
GBPUSD Spread0.9 pips
Oil Spread3 pips
Stocks Spread0.1% Var
Forex
GBPUSD Spread0.9 pips
EURUSD Spread0.6 pips
EURGBP Spread2 pips
Assets95+
Risk Warning – Your capital is at risk

IG is one of the largest forex and CFD brokers in the world, with 14 offices spread over 5 continents, servicing over 185,800 active clients around the world. The company is owned and operated by IG Markets Ltd and was established in 1974. The brokers headquarters are located in the United Kingdom and are registered there under license number 04008957. Brands under the IG umbrella include Nadex and IG US, for US clients.

Regulation & Reputation

Regulation and reputation is of the utmost importance when choosing an online broker to deal with. IG Markets Ltd is licensed and regulated by the Financial Conduct Authority (FCA) of the United Kingdom. Also, for each regional office, they are licenced and registered by the country in which it resides.

As for IG’s reputation, it is excellent. The company has proven themselves for over 40 years as being a top competitor who has shaped the world of online trading as we know it today.

The brokerage has won numerous awards for their trading platforms, technology, outstanding customer support, and more. Basically, they have won every industry award at one time, and continue to prove themselves as reputable.

Trading Platforms

IG Markets features their very own proprietary web-based trading platform. The platform has been recognised as best in it’s class and have received immense praise from the industry, including our own Awards.

In addition to their web-based platform, the broker also offers downloadable applications for both Apple and Android devices such as smart phones and tablets. The web-based platform and mobile applications are very user friendly with customisable layouts, advanced monitoring tools, easy navigation, and various advanced trading tools. Their platforms are known for being very innovative with the latest technologies being incorporated with them first.

For traders who are new to IG and prefer a more widely used trading platform, they are free to use the popular Metatrader4 series of platforms. As well, traders can utilise the advanced charting analysis tools offered by IG.

IG Index Advanced trading platform

Trading Accounts Offered

IG Markets keeps things simple by offering only two types of trading accounts for their clients with of course a live demo account to test out the software and trading platform.

They offer a standard account for retail day traders, and more premium accounts for high net worth traders, plus a specific professional account. The professional account require certain criteria to be met (experience and trading capital) but does allow greater levels of leverage in exchange for less regulatory protection.

Standard accounts have a minimum trade amount of $1 and a maximum per option limit of $300.

In addition to the two accounts offered, advanced traders have the ability to open a DMA account which enables them to trade market depth via the use of algorithms. As well, this gives traders the option to participate in pre-market and post-market auctions.

Markets

Traders with IG Markets are blessed with a wide array of tradeable financial instruments. For instance, traders have access to over 10,000 assets in all the tradeable markets which include spot forex, stocks & CFDs in currency pairs (over 90 of the majors, minors, and exotics), indices, stocks, commodities, bonds and precious metals.

Customer Support

IG excels in the area of customer support and have won numerous awards for it. With all their support options, traders can expect to prompt responses in number of different languages. The direct support options available are live chat, email, telephone, and social media. Their support desk is available around the clock Monday to Friday and from 9:00 am – 5:00 pm on weekends (UK time).

The headquarters address is: Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom EC4R 2YA. IG offer their services to countries from all around the world, excluding the United States, and Belgium. As well, their services are not intended for any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Deposit & Withdrawal

Deposit

Making deposits is very simple with IG, as it should be. Traders can deposit funds via credit cards (VISA, MasterCard, debit) and Bank Wire Transfers.

Withdrawal

As for withdrawals, IG limits traders to withdrawing funds via internet bank transfers or credit/debit cards. Withdrawal request are handled promptly if all the necessary documentation is submitted prior to a withdrawal request.

IG Group digital 100 forex

Are IG Index Best For Day Trading?

FAQ

Are IG Group regulated?

Yes, IG are regulated by the Financial Conduct Authority (FCA) of the United Kingdom.

What methods can I use to deposit funds at IG Markets?

Deposits can be made through bank wire transfer, major credit cards, DBS/POSB bill payments, telegraphic transfer and via standard chartered bills.

Does IG Group accept international traders?

Yes, International traders are accepted except from the USA, Canada, Belgium, and any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Is there a fee for making a withdrawal?

No, there are just minimum amounts required for withdrawals.

What is the minimum initial deposit requirement at IG?

The minimum initial deposit requirement is £250 or currency equivalent.

Accepted Countries

IG Group accepts traders from Australia, Thailand, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use IG Group from Canada.

IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA Regulated, boast a great trading app and have a 40 year track record of excellence.
Forex trading involves risk. Losses can exceed deposits