IG Review 2024 (Expert Review)

IG Review Summary

IG is an online broker that is a favorite among many traders. With an easy-to-use web platform, the company offers numerous features, including a good 'til cancelled (GTC) and 'til date (GTD) option. It also has a tick chart that can help traders navigate the market easily. In addition to a customizable screener for different asset classes, IG has a mobile app that lets users trade from their chart. IG's user interface is easy to navigate, and its advanced charting tools are useful for both newcomers and experienced investors.

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IG Platform Features

IG main features and highlights
๐Ÿ—บ๏ธ Country of regulation Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), Swiss Financial Markets Supervisory Authority (FINMA), Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Australian Securities and Investment Commission (ASIC), Financial Markets Authority (FMA), Monetary Authority of Singapore (MAS), Japanese Financial Services Authority (FSA), Financial Sector Conduct Authority (FSCA), Dubai Financial Services Authority (DFSA), Bermuda Monetary Authority (BMA)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee Yes
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 250
๐Ÿ•– Time to open a IG account 1-3. *A IG demo account can be opened in a few minutes, but live IG trading account creation times will vary depending on how long it takes to process your IG KYC documents.
๐Ÿ’ณ Wire Transfer Yes
๐Ÿ‘› Depositing with electronic wallet Yes
๐Ÿ’ฑ Number of base currencies supported 6
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds, Options,

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IG Financial Regulation

IG is regulated by Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), Swiss Financial Markets Supervisory Authority (FINMA), Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Australian Securities and Investment Commission (ASIC), Financial Markets Authority (FMA), Monetary Authority of Singapore (MAS), Japanese Financial Services Authority (FSA), Financial Sector Conduct Authority (FSCA), Dubai Financial Services Authority (DFSA), Bermuda Monetary Authority (BMA).

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IG Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using IG include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using IG can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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IG Advantages

One of the main advantages of using IG is around the clock service and support as well as research offerings. Not only this, but IG has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of IG with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with IG makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. IG offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • IG has been in business over 10 years.
  • IG offers Stock Trading.
  • IG offers PayPal as a payment method.
  • IG offers ECN trading.
  • IG offers a Apple Mac desktop trading platform.
  • IG offers Spread Betting.
  • IG offers Hedging.
  • IG offers Scalping.

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IG Disadvantages

Although IG has a lot of good points IG does not offer the below.

IG Review Risk Warning: 70% of retail CFD accounts lose money.

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Things to understand when trading with IG

Online trading on trading platforms like IG have seen huge growth in the last 3 years. Trading with IG requires that you take the time to learn how financial markets work and are able to trade with IG using in depth technical analysis and IG risk management trading tools. Trading with IG involves risk. You should only risk capital with IG that you can afford to lose. Understand your risk tolerance with IG, and have a trading strategy that IG is able to help you execute. IG is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments IG give you access too.

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IG Trading Fees

Trading fees on IG are taken in the form of the spreads IG offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on IG. IG fees vary depending on the financial instruments traded and can include, IG overnight funding fees, spreads, margins and IG inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your IG account charged by your 3rd party payment provider if your IG base currency is different from your IG withdrawal method.

NameIGIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal FeesNoNoYes
Deposit FeesNoNo
Inactivity FeeYesNoNo
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Losses can exceed deposits
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Losses can exceed deposits

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IG Financial Instrument Fees

IG fees for Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds, Options, are listed below.

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IG Stock Trading Fees

The majority of IG trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A IG stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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IG Forex Fees

Commission on IG Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for IG Forex fees is based on their trade size. To calculate IG Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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IG Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. IG cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. IG cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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IG Non Trading Fees

IG non-trading fees include a variety of IG brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the IG trading platform. The most common non-trading fees include IG withdrawal fees, IG deposit fees and IG inactivity fees.

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IG Deposit Fees

IG does charge deposit fees in some cases. When funding your IG account there may be some IG deposit fees which will vary depending on the payment method you use to deposit to your live IG trading account.

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IG Inactivity Fees

IG does charge clients an inactivity fees for dormant IG trading accounts. A IG inactivity fee is a sum charged on IG brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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IG Withdrawal Fees

IG does not charge withdrawal fees. Withdrawals fees vary between IG and IG alternatives depending on where you are located and how much money you are withdrawing.

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IG Account Fees

IG does not charge account fees. Account fees charged differ between IG and other brokers. An account is a fee that IG and other brokers assesses on all accounts for the ability to keep an account on their platform.

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IG Account Opening

The IG account registration process is simple, user-friendly, and quick. Within 1-3 most IG trading accounts are ready for live trades. Our IG account was validated in 1 day, but live IG trading account verification times will vary depending on the time it takes to process your KYC documents and IG trading account application. A IG demo account can be opened in a few minutes.

IG trading accounts are available in over 188 countries. IG is restricted in the following countries.

Apart from the restricted countries a IG trading account can be opened globally.

The IG trading platform is available for residents in US. Some financial instruments IG offer may be restricted in your country.

  • Fast IG account opening.
  • IG accounts can be opened and KYC can be verified digitally.
  • IG minimum deposit is 250 USD / GBP / EURO.
  • IG trading account verification may be held up for longer than a day if there is an issue with verifying your account.

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IG Deposit And Withdrawal

IG Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR, CHF, JPY, SGD, AUD are supported by IG as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

IG offers the following account USD, GBP, EUR, CHF, JPY, SGD, AUD.

When trading make sure your IG trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. IG has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameIGIC MarketsRoboforex
Number Of Currencies6104
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70% of retail CFD accounts lose money
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Losses can exceed deposits

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IG Deposit Fees and Deposit Methods

Investors can log in to their IG trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their IG trading accounts from an existing bank account or send the funds through a wire transfer or online check.

IG Deposit Fees

Making a deposit on your IG account is free.

IG Deposit Methods

There are several methods through which you can deposit money into your IG account. One can use a credit or debit card and IG accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your IG account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your IG account. Funding methods for IG include Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, BPAY, Payoneer,.

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IG Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your IG brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open IG positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your IG account.

NameIGIC MarketsRoboforex
Funding MethodsCredit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, BPAY, Payoneer,Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
Withdrawal FeeNoNoYes
Deposit FeeVariesVariesNo
riskwarningTry Now

70% of retail CFD accounts lose money
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Losses can exceed deposits
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Losses can exceed deposits

IG Fees When Withdrawing Your Account Balance

IG do not charge withdrawal fees. Some withdrawal fees are out of the control of IG and may be due to 3rd party payment providers and your account base currency.

IG Withdrawal Methods

Log into your IG trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your IG account to your bank account. To withdraw money from your IG account you can use credit or debit cards. IG processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as IG processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

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IG Trading Platforms

As there are a number of tradable financial instruments available on the IG trading platform. Before investing in the IG platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The IG platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. IG offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on IG is available. Another thing to consider is your financial goals. Make sure that a IG account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a IG account. Ensure that IG allows you to focus on the type of trading that you want to focus on.

Make sure IG is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using IG, think about how easy it is to use for your personal needs. Does the IG platform offer real-time updates or delayed updates that are more informed? Remember to check if IG is well regulated, and what tradeable financial instruments IG has. Security is very important when it comes to trading with IG.

IG Web Trading Platform

A IG web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through IG which acts as a financial intermediary. IG is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the IG mobile trading platform.

IG Apple IOS Trading Platform

A IG iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

IG Google Play Android Trading Platform

A IG Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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IG Mobile Trading User Experience

IG mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. IG mobile trading refers to trading using a mobile phone.

Leading brokerages like IG offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire IG portfolio. All an investor needs is a Web-enabled smartphone and a trading account with IG. Once you have download the IG trading app, you are ready to begin.

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IG Desktop Computer Trading Platform

A IG computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The IG desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The IG desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

IG MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

IG PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using IG. A trading computer with access to a IG PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

IG Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the IG trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the IG trading platform is very user friendly on a Mac device.

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IG Trading Look And Feel

The IG user interface (UI) is what IG traders will see and interact with first when trading with the IG trading platform. The IG is well designed. The goal of the IG trading UI is to make the IG user's experience intuitive. The IG application has good user experience and a good level of customer satisfaction.

IG Security

IG is a secure trading platform. IG offers traders security via 2 factor authentication, SSL encription when trading with IG. IG trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with IG. Rate limitation on IG suspicious account activities is another layer of protection that is provided for IG trading accounts, for example multiple failed login attempts with IG. You have the option to further safeguard your account by using IG Two-Factor Authentication (2FA), which provides an extra layer of security.

The IG trading infrastructure is constantly watched and guarded by a trained team at IG In addition, IG never send sensitive information without first encrypting on the IG trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On IG

Available IG order types. # market, limit, stop, stop limit, Good until end of day / canceled.

IG Market Order

A IG market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. IG market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. IG market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

IG Limit Order

A IG limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

IG Stop Order

A IG stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

IG Stop Limit Order

A IG stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The IG stop-limit order triggers a limit order when a stock price hits the stop level. A IG stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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IG Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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IG Trading Platform Features

Online trading platforms like IG are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with IG. The IG trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using IG.

IG Margin Trading

IG margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, IG margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

IG Auto Trading

IG auto trading is a trading strategy where buy and sell orders are automatically placed based on an underlying IG system or programme and actioned by set criteria set by the IG trader. These IG orders are placed when the trade conditions in the underlying IG system or program are met. It is a method of participating in financial markets by using IG, which executes a pre-defined set of rules for both entering and exiting trades on IG. If you are a IG trader, you are able to use detailed IG technical analysis with the setting of parameters for IG one's positions. This includes orders to open IG, trailing stops, and guaranteed stops.

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IG Account Types

IG Demo Account

IG offers demo accounts that gives traders the ability to purchase and sell IG financial instruments in a practice environment, using fake IG digital money and live market conditions and data. When you practise on a IG demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the IG platform. IG demo accounts allow you to experience and practice a variety of market charts, IG trading indicators, and trading strategies using IG.

IG Standard Account

IG offers a standard trading account, allowing IG traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich IG trading platform.

IG STP Account

IG STP (Straight Through Processing) account is a IG trading feature that involves sending IG client orders directly to the market without passing them through a dealing desk. A IG STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

IG ECN Account

A IG ECN (Electronic Communications Network) account is a pure order-matching execution system, where IG, as a provider, charges a commission per IG trade instead of inflating the spread, occurring more naturally within the IG order-matching process. A IG ECN is a financial intermediary that uses electronic communications networks to give IG clients direct access to other participants in equity and currency markets. As an ECN broker, IG only matches IG trades between other market participants; it cannot trade against the IG client.

IG DMA Accounts

IG Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the IG financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, IG might use direct market access to place trades themselves. IG DMA accounts make individual contracts with each liquidity provider.

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IG Tradable Financial Instruments

IG tradable financial instruments are the financial instruments that are specifically available to trade on the IG trading platform. This refers to the different types of financial markets you can trade with through IG. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on IG.

NameIGIC MarketsRoboforex
CFD TradingYesYesYes
Stock Markets8000210053
Fractional SharesNoYes
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70% of retail CFD accounts lose money
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Losses can exceed deposits

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IG Trading Stocks

Stock trading with IG is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with IG; if you possess the stock on IG, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on IG involves purchasing and selling stocks and share using IG periodically in order to time trades against the stock markets, with the aim of using IG to profit from your stock trading. IG stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on IG. Stock traders on IG conduct significant study, frequently dedicating several hours every day to market monitoring using IG trading tools.

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IG Trading ETFs

What Are ETFs

IG offers ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

IG does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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IG Trading Cryptocurrencies

IG does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by IG, so you will need to find a IG alternative that allows you to buy and sell the underlying cryptocurrency assets. IG CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a IG alternative and make sure you undertand the risks fully before trading.

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IG Forex Trading

Forex trading with IG is a method through which to invest money which involves trading one currency for another in a Forex currency pair with IG. The main aim of IG Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with IG. As a IG Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like IG. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like IG. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on IG.

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IG Commodities Trading

Commodity trading is a type of trading available on IG where individuals or businesses buy and sell financial instruments using IG related to commodities, such as metals or oil.

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IG Options Trading

IG options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. IG option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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IG Futures Trading

Futures trading with IG is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using IG to facilitate the trade. A IG futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on IG. Typically, futures contracts are traded on an exchange such as IG; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling IG trader to the contract agrees to provide it.

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IG Bonds Trading

Bonds trading on IG is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the IG trader. Bonds can be bought and sold on IG after they are issued. While some bonds are traded publicly through IG, most trade over-the-counter between large broker-dealers like IG acting on their clients' or their own behalf. Yield is therefore based on the IG purchase price of the bond as well as the coupon.

IG CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameIGIC MarketsRoboforex
Forex CFD1006135
Index CFD782530
Stock CFD10,5001108400
ETF CFD1,9003050
Commodity CFD472020
Crypto CFDNoYesNo
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Losses can exceed deposits

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IG Trading Research Tools

Taking advantage of IG trading research tools which are designed to help traders analyse potential investments using the IG trading platform. Some IG research tools include charts, technical analysis, and IG trading indicators.

IG Trading News

Traders can follow the markets and make wise investment decisions on IG by using the news to help form a strategy when it comes to choosing investments. A IG news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

IG Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A IG economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

IG Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. IG fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

IG Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on IG are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

IG portfolios

Trading portfolios are useful when trading with IG.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A IG trading portfolio is a traders collection of investments, which may include a variety of IG financial instruments.

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IG Payment Methods

A IG payment method is required to fund your IG trading account before placing a buy or sell order on a financial instrument.

When trading with IG, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that IG do not have any control over.

NameIGIC MarketsRoboforex
Payment MethodsCredit Card, JCB Card, Mastercard, MoneyGram, PayPal, Wire TransferBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
riskwarningTry Now

70% of retail CFD accounts lose money
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Losses can exceed deposits
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Losses can exceed deposits

IG review
IG Withdrawl Methods

When trading with IG at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your IG account balance. IG may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your IG account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

IG Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your IG account.

Withdrawal requests can take up to three business days to be processed by IG.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your IG should arrive in less than 24 hours.

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IG Customer Support

Customer support represents the resources within the IG company that provides technical assistance to its customers after they use the IG service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

IG offer email, livechat, phone, customer support.

IG Email Support

IG offers email support.

Email support is a a convenient method of IG customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from IG regarding your support request.

IG Livechat Support

IG offers livechat support.

IG live chat support is a way for customers to obtain help from IG through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

IG Telephone Support

IG offers telephone support.

IG telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the IG call centre to give or take information.

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IG Educational Resources

IG educational resources are used throughout the IG learning environment to help and assist with customer's development and learning of trading on IG. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using IG trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

IG Trading Platform Tutorials

IG offer a range of learning resources and tutorials and guides made available to registered IG users. The IG guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate IG users on basic trading principles.

IG Trading Videos

IG offer a selection of online trading videos.

Trading videos on IG help new and even more experienced investors gain insights into IG technical analysis tools and how the different financial markets work when trading on IG.

IG trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some IG training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using IG to trade live financial markets.

IG Webinars

IG offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of IG clients who participate by asking questions, replying to polls, and using other interactive technologies available on the IG trading platform.

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IG Financial Regulation When Trading

Financial regulations on IG protect consumers' investments. Regulations prevent financial fraud and limit the risks that IG as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. IG financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is IG Regulated?

IG is regulated by Financial Conduct Authority (FCA), Federal Financial Supervisory Authority (BaFin), Swiss Financial Markets Supervisory Authority (FINMA), Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Australian Securities and Investment Commission (ASIC), Financial Markets Authority (FMA), Monetary Authority of Singapore (MAS), Japanese Financial Services Authority (FSA), Financial Sector Conduct Authority (FSCA), Dubai Financial Services Authority (DFSA), Bermuda Monetary Authority (BMA).

IG is licensed by financial regulators in certain jurisdictions. You can find out if brokers like IG are licensed in your country, if they have had run-ins with regulators, or received serious complaints from IG investors, directly with financial regulators in your country.

IG Regulatory Protection Limits

When registering with IG you must check with regulatory body your IG trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your IG account is over seen by. IG client funds are stored in segregated 3rd party bank account in accordance with IG financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

IG Trading Signals

IG offers trading signals to IG clients.

IG trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A IG trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the IG trader to then decide whether or not to act on the signal.

Make sure you understand the risks of trading signals.

How does IG make money?

Because IG acts as an intermediary, IG gets compensated on buy and sell transactions of financial instruments. As a result, IG profit is determined by the volume and number of transactions. IG earns revenue to fund their IG platforms and wide range of trading services through market spreads.

Can you buy shares on IG?

IG provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. IG offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and IG on the speculative up or down price movement on an agreed stocks price movement.

Does IG offer Cryptocurrency?

IG does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

IG Lower fees, lower costs?

IG have reasonable trading fees and costs. IG may charge a deposit fee. IG may charge a withdrawal fee. Some withdrawal fees are out of the control of IG and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

IG minimum deposit is 250 USD / GBP / EUR.

How to start your IG account?

You can sign up for a live or demo IG trading account by visiting IG and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an IG account here.

How's the IG trading app?

IG allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the IG trading app here. 70% of retail CFD accounts lose money

Is the quality of IG customer service satisfactory?

IG have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

IG do offer a demo account but IG is aimed at more experienced traders.

How do you withdraw money from IG?

IG offer a good selection of withdrawal options. Once IG have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

IG Review 2024 (Expert Review) guide updated 21/05/24