IG
- Trust score
- 8/10
- Legal simplicity
- 1/10
- Min. deposit
- 0
- Payment systems
Features
- Seminars and training
- Daily market analysis
- Low initial deposit
- Islamic accounts
- Segregated accounts
- Affiliate program
- Wide range of trading instruments
Pros
- One of the largest international forex brokers
Cons
- High commissions on CFD share trades
- Slow customer support response times
Updated:
IG, founded in the United Kingdom in 1974, is one of the world's leading CFD and forex brokers, with offices in 13 countries including the UK, the US, Australia, Japan, New Zealand, and Singapore. It is regulated by top-tier authorities such as the FCA, BaFin, FINMA, ASIC, and the CFTC/NFA, and offers its own proprietary platform alongside MetaTrader 4 on web, desktop, and mobile. IG has no minimum deposit requirement and charges no fees for money transfers.
IG offers seminars and training, daily market analysis, a low initial deposit, Islamic accounts, segregated accounts, an affiliate program, and a wide range of trading instruments.
IG, founded in the United Kingdom in 1974, is a leading global CFD and forex broker with offices in 13 countries, including the United Kingdom (headquartered in London), the United States, Australia, Japan, New Zealand, and Singapore.
Regulation and safety
IG is listed on a stock exchange, publishes transparent financial reports, and is regulated by top-tier authorities in each jurisdiction it operates:
- United Kingdom: Financial Conduct Authority (FCA) — investor protection up to £85,000.
- Germany: Federal Financial Supervisory Authority (BaFin) — protection up to €20,000.
- Switzerland: Financial Market Supervisory Authority (FINMA) — protection up to CHF 100,000.
- United States: Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) — no funds protection scheme.
- Australia: Australian Securities and Investments Commission (ASIC).
- New Zealand: Financial Markets Authority (FMA).
- Singapore: Monetary Authority of Singapore (MAS).
- Japan: Financial Services Agency (FSA).
- South Africa: Financial Sector Conduct Authority (FSCA).
- UAE: Dubai Financial Services Authority (DFSA).
- International: Bermuda Monetary Authority (BMA).
Leverage
Leverage follows regional rules: under ESMA guidelines in Europe, maximum leverage is capped at 1:30. Outside Europe, forex leverage can reach up to 1:200.
Account opening
Account setup is a fast, streamlined process, and IG offers a free demo account for practice.
Trading instruments
IG was the first Australian provider of CFD contracts and offers currency pairs, commodities, indices, stocks, and cryptocurrencies.
Trading platform
IG's proprietary platform features an intuitive design and advanced forecasting tools for professional traders. MetaTrader 4 (MT4) is also available on web, desktop, and mobile. The platforms include 18 free add-ons and indicators, Autochartist, technical analysis tools, and a free VPS for expert advisors.
Minimum deposit and fees
IG has no minimum deposit requirement and charges no fees for money transfers. Trading conditions and margin requirements vary by jurisdiction and should be checked before opening an account.
