IG Review

📊 Overall Summary

IG, established in 1974, is one of the world’s most recognized online brokers. With decades of experience and a global presence, IG offers traders access to a broad range of markets, including forex, shares, indices, commodities, cryptocurrencies, and more.

The broker is renowned for its award‑winning trading platforms, competitive pricing, and advanced risk management tools. Regulated by top‑tier authorities such as the Financial Conduct Authority (FCA) in the UK and other global bodies, IG is committed to providing a secure and transparent trading environment.

With a robust selection of trading platforms—including its proprietary platform, MetaTrader 4, and a powerful web‑based interface—IG caters to both beginner and professional traders.

Additionally, IG provides extensive research and educational resources to help traders make informed decisions. Overall, IG’s long history, comprehensive market access, and high standards of regulation make it a trusted and versatile broker for traders around the globe.

FeatureDetails
Overall Score5 stars 5/5 (Highly Trusted)
Trust Pilot Score4 stars 4.0/5 ( Trusted)
RegulationRegulated by FCA (UK), ASIC (Australia), and other global regulators
Minimum Deposit~$300 (varies by region and account type)
Trading PlatformsProprietary platform, MetaTrader 4, WebTrader, Mobile Apps
Range of InvestmentsForex, shares, indices, commodities, cryptocurrencies, ETFs, bonds, options
Inactivity FeeNone
LeverageUp to 1:30 for retail clients in regulated regions; higher for professional clients
Client Fund ProtectionSegregated accounts, investor compensation schemes

👍👎 Pros & Cons

IG is highly regarded for its extensive market access, award‑winning platforms, and strong regulatory oversight. Traders appreciate its advanced trading tools, comprehensive research, and educational resources.

However, some users find that its minimum deposit requirements and pricing structure for certain products can be on the higher side. In addition, while IG offers a broad range of instruments, the complexity of its platform may be challenging for beginners without proper guidance.

Overall, IG’s strengths in technology, regulation, and market access make it a leading broker despite a few minor drawbacks.

ProsCons
Extensive market access across multiple asset classesHigher minimum deposit requirements in some regions
Award‑winning proprietary trading platforms and web interfacePlatform complexity may overwhelm beginners
Strong regulatory oversight with robust client fund protectionSome fees and commissions can be relatively high
Comprehensive research, analysis, and educational resourcesLimited leverage for retail clients (up to 1:30)
No inactivity fees and advanced risk management toolsProduct pricing may vary significantly across regions

📜 Licenses

IG is one of the most well‑regulated brokers in the industry. It operates under licenses from top‑tier financial authorities such as the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC) in Australia, and several other regulatory bodies worldwide.

These licenses ensure that IG meets rigorous capital requirements, maintains segregated client funds, and adheres to strict compliance and reporting standards.

Such robust regulation provides traders with a high level of confidence and security in the broker’s operations, protecting investor interests and ensuring transparent business practices.

RegulatorJurisdictionKey Protections
FCAUnited KingdomStrict capital adequacy, segregated client funds, investor compensation scheme
ASICAustraliaComprehensive oversight, mandatory fund segregation, and regular audits
Other Global RegulatorsVariousRegional investor protection, compliance with local financial regulations

💼 Range of Investments

IG provides access to an exceptionally diverse range of trading instruments. The broker offers more than 17,000 markets, enabling traders to diversify their portfolios across forex, shares, indices, commodities, cryptocurrencies, ETFs, bonds, and options. Forex traders can choose from a wide selection of major, minor, and exotic currency pairs.

Investors looking to capitalize on global market trends have access to leading global stock indices and individual shares through CFDs. Additionally, IG’s offerings include commodities such as gold, oil, and agricultural products, as well as a growing list of cryptocurrencies.

This extensive range of assets empowers traders to implement a variety of trading strategies and manage risk effectively by spreading exposure across multiple asset classes.

Asset ClassAvailable?Details
Forex✅ Yes40+ currency pairs covering majors, minors, and exotics
Indices✅ YesCFDs on major indices like S&P 500, FTSE 100, NASDAQ
Commodities✅ YesTrading in metals, energies, and agricultural commodities
Shares (CFDs)✅ YesAccess to thousands of stocks from global exchanges
Cryptocurrencies✅ YesCFDs on popular digital assets such as Bitcoin, Ethereum, and more
ETFs & Bonds✅ YesA range of ETFs and bonds available through CFDs
Options✅ YesOptions trading available on select instruments

💰 Commissions & Fees

IG is renowned for its transparent and competitive fee structure. The broker operates on a spread‑only model for forex trading, with spreads on major pairs starting from as low as 0.6 pips.

For share CFDs and other instruments, fees are generally embedded in the spread. While IG does not charge any inactivity fees, its pricing can vary based on the product and trading platform used.

Additionally, some withdrawal methods may incur fees, though deposit fees are generally waived. Overall, IG’s fee structure is designed to be transparent, allowing traders to understand and manage their trading costs effectively.

Fee TypeDetails
Trading CostsSpread‑only pricing on forex; competitive spreads on share CFDs and other instruments
Inactivity FeeNone
Deposit FeesNo fees on deposits (subject to third‑party charges)
Withdrawal FeesMay vary by payment method; typically low or waived
Swap FeesApplicable on overnight positions (with triple swap on Wednesdays)

📱 Mobile Trading Apps

IG offers a robust mobile trading experience with its dedicated mobile applications, available on both iOS and Android platforms. The IG Mobile app provides a full suite of trading tools, including real‑time streaming quotes, interactive charts with multiple technical indicators, and a range of order types.

The app’s user‑friendly interface makes it easy to monitor open positions, execute trades, and manage account details on the go. In addition, the app provides access to IG’s extensive research, news feeds, and educational content, ensuring that traders stay informed wherever they are.

This comprehensive mobile solution is designed to meet the needs of active traders who require instant access to the markets at all times.

FeatureDetails
PlatformsIG Mobile app for iOS and Android
Key FeaturesReal‑time quotes, advanced charting, multiple order types, account management
User InterfaceClean, intuitive design optimized for mobile devices
Additional ToolsAccess to news, research, and educational resources

🖥️ Other Trading Platforms

Beyond its mobile offerings, IG provides a range of desktop and web‑based trading platforms to accommodate a variety of trading styles. The IG Trading platform, a proprietary solution, is available on desktop and web browsers and is known for its advanced charting, order management, and risk management features.

For traders who prefer industry‑standard platforms, IG supports MetaTrader 4 (MT4), which is popular for its automated trading capabilities and extensive customizability.

Additionally, the platform integrates with TradingView for enhanced charting and technical analysis. This diverse platform suite ensures that whether you are an algorithmic trader or a discretionary trader, you have the right tools to execute your strategies effectively.

PlatformDetails
IG Trading PlatformProprietary desktop and web‑based platform with advanced charting and order management
MetaTrader 4 (MT4)Widely used for automated trading, with a large library of indicators and EAs
TradingViewWeb‑based platform offering powerful charting and social trading features
Additional OptionsWebTrader provides browser‑based access without software downloads

🔍 Research & Analysis

IG provides a comprehensive suite of research and analytical tools to help traders make well‑informed decisions. The broker offers daily market reports, technical analysis, and an economic calendar that highlights key market events.

IG’s research portal includes insights from in‑house analysts as well as third‑party research providers, offering a balanced perspective on market conditions. Traders can access real‑time news feeds, interactive charts, and custom indicators to track market trends and analyze price movements.

Additionally, IG regularly hosts webinars and publishes educational content, ensuring that traders have access to the latest market insights and trading strategies. This extensive research and analysis toolkit is a key strength of IG, enabling traders to stay ahead in fast‑moving markets.

Tool/ResourceDetails
Daily Market ReportsRegular updates on global market trends and economic events
Technical AnalysisIn‑depth chart studies and expert technical insights
Economic CalendarReal‑time calendar tracking high‑impact market events
News FeedsLive, integrated news updates and market analysis
Webinars & VideosRegular live sessions and recorded tutorials on trading strategies

🎓 Education

IG is dedicated to trader education, offering a wide range of resources to help both beginners and experienced traders enhance their skills. Its educational platform includes detailed trading guides, video tutorials, webinars, eBooks, and a comprehensive glossary of trading terms.

The educational content covers fundamental topics such as forex basics, technical analysis, and risk management, as well as more advanced strategies for trading CFDs and options. In addition, IG offers a free demo account that allows traders to practice their strategies in a risk‑free environment.

With regularly updated content and interactive learning tools, IG’s educational resources are designed to empower traders with the knowledge needed to navigate the financial markets confidently.

Educational ResourceDetails
Trading GuidesComprehensive step‑by‑step tutorials covering forex, CFDs, and risk management
Video Tutorials & WebinarsInteractive sessions on platform usage, market analysis, and trading strategies
eBooks & ArticlesIn‑depth written resources on various trading topics and market fundamentals
GlossaryDetailed definitions and explanations of trading terms
Demo AccountUnlimited demo account for risk‑free practice and skill development

🌍 Regional Restrictions

IG serves a global clientele, but its services are subject to certain regional restrictions in accordance with local regulatory requirements. For example, IG does not accept retail clients from the United States on its international platform.

Meanwhile, clients from the European Union, the United Kingdom, and other regions enjoy robust regulatory protections under the FCA and other regulatory bodies. Regional restrictions are designed to ensure that IG complies with local laws and provides an appropriate level of investor protection in each jurisdiction.

Traders should refer to IG’s website for the most current information regarding eligibility and any applicable restrictions.

Region/Client TypeAvailability/Notes
United StatesNot accepted on the international platform
European UnionAvailable under FCA and other regional regulations
United KingdomAvailable; clients can choose between different regulated account types
Asia & AfricaGenerally available; subject to local regulatory requirements
Other RegionsVaries by jurisdiction – consult IG’s website for the latest policies

🆚 Broker Comparisons

When comparing IG to other leading brokers, its strengths lie in its advanced technology, comprehensive market access, and robust regulatory framework.

IG’s proprietary trading platform is highly acclaimed for its functionality and user‑friendly interface, while its integration with platforms like MT4 and TradingView caters to a broad range of trading preferences. In comparison to brokers such as FXCM, OANDA, and Forex.com, IG is noted for its extensive educational resources, award‑winning research tools, and transparent pricing structure.

Each broker has its own unique advantages, but IG stands out for its long history, global reach, and commitment to innovation and trader protection.

FeatureIGFXCMOANDAForex.com
Trading CostsCompetitive spreads; low commission pricingCompetitive, with spread‑only optionsLow spreads, commission‑freeVariable spreads with commission options
PlatformsProprietary platform, MT4, TradingView, WebTrader, MobileTrading Station, MT4, mobile appsProprietary platform, MT4, mobile appsProprietary platform, MT4, mobile apps
RegulationFCA, ASIC, etc.FCA, ASIC, etc.Regulated by top global bodiesRegulated by FCA and ASIC
Minimum Deposit~$300~$50~$50~$50
Range of InvestmentsForex, shares, indices, commodities, crypto, options, ETFsForex, shares, indices, commodities, cryptoForex, shares, indices, commoditiesForex, shares, indices, commodities

🎯 Why Choose IG?

IG is an industry leader with decades of experience, offering traders a highly reliable and innovative trading environment. Its award‑winning proprietary trading platform is renowned for its advanced charting, risk management, and order execution capabilities.

With access to more than 17,000 markets, including forex, shares, indices, commodities, cryptocurrencies, and options, IG provides unparalleled market access for traders. The broker’s robust regulatory framework, primarily under the FCA, ensures stringent oversight, segregated client funds, and strong investor protection.

In addition, IG’s comprehensive research tools, extensive educational resources, and responsive customer support empower traders to make informed decisions. Whether you are a beginner looking to build your trading knowledge or a professional seeking advanced trading tools and deep liquidity, IG offers a versatile and secure environment to meet your trading needs.

  • Advanced Trading Technology: Award‑winning proprietary platform with superior charting and order management.
  • Extensive Market Access: Over 17,000 markets, including forex, shares, indices, commodities, crypto, and options.
  • Strong Regulatory Protection: Regulated by FCA and other top‑tier authorities ensuring high standards of security.
  • Comprehensive Research & Education: In‑depth market analysis, daily reports, webinars, and extensive educational materials.
  • Global Reach: Trusted by millions of traders worldwide with robust customer support and innovative features.

✔️ Final Recommendations

IG stands out as a highly reputable and innovative broker with a proven track record spanning decades. Its diverse range of tradable instruments, advanced technology, and comprehensive research resources make it an excellent choice for both novice and experienced traders.

With strong regulatory oversight and a transparent fee structure, IG provides a secure and efficient trading environment. Although the minimum deposit and some pricing elements may be higher than those of some competitors, the overall value offered by IG – from its state‑of‑the‑art trading platforms to its extensive educational materials – makes it a top choice in the global market.

If you’re looking for a broker that combines reliability, cutting‑edge technology, and broad market access, IG is a broker you can trust.

  • Ideal For: Traders seeking a sophisticated, secure, and comprehensive trading environment.
  • Best For: Forex, CFD, and options traders who value advanced tools and in‑depth market research.
  • Overall Verdict: IG is an industry leader that offers a complete trading solution through its advanced platforms, robust regulation, and extensive market access. It is a highly recommended broker for those looking to trade in a secure and innovative environment.

Forex Risk Disclaimer

Trading forex, derivatives, and cryptocurrencies involves high risk due to volatility, leverage, and limited regulatory protection. The strategies and techniques discussed are not guaranteed to be profitable and may lead to significant losses. Please ensure you fully understand these risks and consult independent advice if needed. For detailed information, learn more about the risks of forex trading.