IG Review: Rated 4.1/5 by FXRanker
IG Markets is a top-rated trading platform with a history dating back to 1974. It offers a wide range of trading options including forex, CFDs, and share dealing, all under strict regulation from bodies like the FCA. With competitive fees, advanced trading tools, and comprehensive educational resources, IG Markets stands out as a reliable and trustworthy broker for traders of all levels.
Table of Contents
Choosing the best online trading platform is key to success. Among many choices, IG Markets shines as a top pick. Since 1974, it has been a favorite serving a wide variety of traders. It offers many trading options, like forex, CFDs, and share dealing.
IG Markets stands out because of its strict regulations. It is overseen by the Financial Conduct Authority (FCA), among others. These regulations mean traders can trust IG for safety and security.
In our detailed IG Markets review at FXranker.com, we look closely at IG. We cover its platforms, fees, research tools, and support. Our goal is to help traders choose the right platform for forex, CFD, and share dealing trading.
Key Takeaways:
- IG Markets is known as a top choice for traders, starting in 1974.
- It’s well-regulated, giving traders peace of mind.
- IG offers a broad selection of trading options for diverse needs.
- FXranker.com’s review thoroughly looks at IG Markets, including its platforms, fees, and support.
- This review is designed to guide traders toward informed decisions on their trading platforms.
Introduction to IG Markets
IG Markets is well-known in online trading since starting in 1974. It has grown into a global leader, with over 178,000 clients. Their success showcases a commitment to safe, clear, and honest trading.
Company Background and History
IG Markets started in London over 45 years ago. It aimed to make trading accessible to all. By always improving, IG earned its spot in the FTSE 250 index, showing its market strength.
IG’s success is due to focusing on clients, using the latest tech, and knowing the market well. They invest in tools to help traders make wise choices. With a broad product range, IG is a top choice for traders worldwide.
Regulatory Oversight and Trust
IG Markets is trusted because of its regulatory compliance and client protection. It’s regulated by leading authorities worldwide, like:
- Financial Conduct Authority (FCA) in the UK
- Federal Financial Supervisory Authority (BaFin) in Germany
- Australian Securities and Investments Commission (ASIC)
- Commodity Futures Trading Commission (CFTC) in the US
- Swiss Financial Market Supervisory Authority (FINMA)
This oversight shows IG’s serious about keeping trading environments safe. Traders know their funds are safe. IG follows the highest regulatory standards.
IG’s good name and long history breed trust. They deal openly, manage risks well, and use top security measures. This builds peace of mind for traders.
“At IG, we focus on regulations and meeting client needs. We work hard for our clients’ trust by keeping high security and transparency levels.” – June Felix, CEO of IG Group
In conclusion, IG Markets’ long history, global reach, and strong regulations make it trustworthy. Its approach, innovations, and compliance lead online trading. IG keeps setting high standards in the field.
Account Types and Features
IG Markets has many types of accounts. They are for all kinds of traders, from beginners to pros. These accounts are made to fit what you need for trading.
Standard Accounts
The Standard Account suits most traders well. It offers good spreads and lets you trade in many markets. This includes forex, indices, and more with low costs. It’s great for new traders or those who like simple trading.
Professional Accounts
IG Markets also has Professional Accounts for skilled traders. These have more benefits like higher leverage. You can also get special market tips. But remember, more leverage means more risk too.
Demo Accounts
If you want to try trading without real money, there’s the Demo Account. It gives you virtual money to practice. This way, you can learn and feel confident before trading with real money.
IG Markets has many accounts for different trading styles:
Account Type | Key Features |
---|---|
Islamic Account | Follows Sharia law, no overnight interest fees |
Limited Risk Account | Has guaranteed stop-losses to keep losses in check |
Corporate Account | Made for businesses and groups |
Whatever account you pick, IG Markets promises a smooth trading journey. They have top-notch security and helpful customer service. You can find an account type that matches what you want to achieve and your comfort with risk.
Trading Platforms Overview
IG Markets offers a range of trading platforms to meet different needs. Their proprietary web platform is easy to use and full of features. It’s perfect for a smooth trading experience. Traders can keep an eye on their investments through IG’s mobile apps. These apps are great for managing trades when you’re not at your desk. IG also works with MetaTrader 4, a platform many traders already know well.
IG Web Trading Platform
The IG web trading platform is designed to improve how you trade. It’s easy to use and you can adjust it to fit your needs. There are many tools for looking at market trends and making smart choices. You’ll find:
- Customizable layouts and workspaces
- Over 30 technical indicators and drawing tools
- Integrated news and analysis feeds
- Advanced order types and risk management tools
You can access the platform from any web browser. This makes trading easy and flexible from anywhere with internet.
IG Mobile Trading Apps
IG Markets has mobile apps for iOS and Android. These apps are like a pocket-sized version of the web platform. With them, you can check your investments, see live prices, and make trades using your phone or tablet. They include:
- Intuitive and user-friendly interface
- Real-time price alerts and notifications
- Secure account management and funding options
- Comprehensive charting and technical analysis tools
IG’s mobile apps let you stay up to date and grab trading chances on the go.
MetaTrader 4 Integration
Many traders like MetaTrader 4, and IG Markets gets that. They allow you to use MT4 while enjoying IG’s good prices and trade speeds. This combination provides:
- A familiar trading environment with advanced analysis tools
- Automated trading through expert advisors (EAs)
- Access to various markets, like forex and commodities
- Good prices and fast execution of trades
Integrating with MetaTrader 4 gives you a strong platform along with IG’s benefits.
Platform | Key Features | Accessibility |
---|---|---|
IG Web Trading Platform |
|
Web browser |
IG Mobile Trading Apps |
|
iOS and Android devices |
MetaTrader 4 Integration |
|
Desktop, web, and mobile |
IG Markets offers something for everyone, with options for web, mobile, or MetaTrader 4. Whether you like trading online, on your phone, or a familiar platform, IG has a solution.
Forex Trading with IG Markets
IG Markets leads the way in forex trading. They offer over 80 currency pairs. You’ll find major pairs like EUR/USD, and also unique pairs, great for varied strategies. IG Markets excels in competitive spreads, starting from a low 0.6 pips for pairs like EUR/USD.
The broker shines in clear pricing. Trades enjoy tight spreads with no hidden fees. Leverage is also flexible, up to 1:30 for regular traders and 1:200 for pros. This boosts profits potential while managing risk well.
IG Markets gives traders a streamlined platform and crucial trading tools, supporting well-informed decisions in the fast forex market.
IG Markets aids traders with cutting-edge platforms and tools, including:
- Real-time charts with advanced technical analysis indicators
- Customizable watchlists and price alerts
- Integrated news feeds and economic calendars
- Sentiment analysis to gauge market momentum
These resources help keep you abreast of market moves. They let you spot trading chances and act with accuracy.
Currency Pair | Minimum Spread | Average Spread | Maximum Leverage (Retail) | Maximum Leverage (Professional) |
---|---|---|---|---|
EUR/USD | 0.6 | 0.745 | 1:30 | 1:200 |
GBP/USD | 1.0 | 1.225 | 1:30 | 1:200 |
USD/JPY | 0.5 | 0.651 | 1:30 | 1:200 |
AUD/USD | 0.5 | 0.761 | 1:20 | 1:200 |
This table highlights IG Markets’ key trading conditions for popular pairs. With a starting spread of 0.5 pips and up to 1:200 leverage for pros, it’s a competitive setting.
IG Markets is ideal for all, whether you’re new or seasoned in forex. They provide a friendly platform, vast learning resources, and top-notch support. This setup will guide you through the dynamic forex world towards your financial dreams.
CFD Trading Opportunities
IG Markets lets you trade CFDs on a wide variety of markets. This means you can guess on prices without actually owning the assets. Through ig markets cfd trading, you can enter global markets like indices, commodities, and cryptocurrencies, all from one place.
Indices CFDs
Traders can profit from the growth of whole stock markets with indices cfds. IG Markets has a broad range of global indices to choose from, such as:
- S&P 500 (US)
- FTSE 100 (UK)
- DAX 30 (Germany)
- Nikkei 225 (Japan)
- ASX 200 (Australia)
Thanks to IG Markets’ good spreads and flexible leverage, traders can control their risk. They can also seize market opportunities effectively.
Commodity CFDs
Through commodity cfds, traders can guess on various materials’ and food prices. IG Markets gives options like:
- Precious metals (gold, silver, platinum)
- Energies (crude oil, natural gas, heating oil)
- Agricultural products (wheat, corn, soybeans, coffee, sugar)
Trading commodity cfds at IG Markets lets traders diversify their portfolios. They can also profit from price changes without the burden of storing the actual goods.
Cryptocurrency CFDs
For those keen on digital currencies, ig markets cfd trading offers cryptocurrency cfds. Key cryptos you can trade include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
IG Markets allows traders to exploit crypto market volatility. They can do this through low spreads and a strong trading platform. But, understanding the risks and using good risk management is key when trading cryptocurrency cfds.
IG Markets’ offer of indices, commodities, and cryptocurrencies meets traders’ varied needs around the world. By granting global market access, cost-effective trading, and top-level tools, IG Markets helps investors act wisely and maybe win big.
Share Dealing and Stock Trading
IG Markets lets you dive into international shares for a diverse portfolio. You can trade shares from markets in the UK, the US, Europe, and Asia. Their simple platform helps you find the stocks you’re looking for, study the companies, and make trades easily.
What sets IG Markets apart is their low trading costs. You’ll pay less in fees when you buy or sell shares. You’ll also have access to real-time data. This helps you stay up to date on stock prices and market trends, so you can make smart choices.
IG Markets’ intuitive trading tools streamline the stock trading process, allowing traders to manage their portfolios efficiently and react to market opportunities swiftly.
Here’s what you can do on the platform:
- Search for stocks using advanced filters
- View detailed company information and financial metrics
- Place orders with just a few clicks
- Monitor portfolio performance in real-time
Market | Commission | Minimum Charge |
---|---|---|
UK Shares | 0.10% | £10 |
US Shares | 2 cents per share | $15 |
European Shares | 0.10% | €10 |
If you’re in the UK, there’s a tax-efficient trading option with IG Markets. By trading in an Individual Savings Account (ISA), your investments could be tax-free. This means more potential profits in the long run.
IG Markets offers a broad selection of shares, low costs, and advanced tools. It’s a great choice for anyone wanting to explore the world’s stock markets and grow their investments.
Commissions, Fees, and Spreads
IG Markets stands out for its great prices. It gives low commissions, tight spreads, and clear fees. This makes it a good pick for both new and skilled traders wanting to get more back from their trades.
Forex Trading Costs
At IG Markets, the spreads in forex trading can change with the market. For popular pairs like EUR/USD, the spreads start at a low 0.6 pips. Importantly, there are no extra commissions. So, traders can focus on trading plans without surprise costs.
CFD Trading Fees
CFD trading costs vary based on the asset. IG has good rates on spreads for CFDs like indices, commodities, and cryptocurrencies. If you keep a CFD trade overnight, there might be extra charges. But, IG is clear about all these costs.
Share Dealing Commissions
For those into share dealing, IG Markets is a great choice. They start with competitive rates of just 0.10%. UK shares cost a minimum of £10, US shares are at least $15, and European shares begin at €10. These are some of the best rates out there for investing worldwide.
If you trade often, you can cut costs even more with IG’s rebate program. This plan lowers fees and improves trading terms for active traders, saving them more money.
IG Markets also scores with its zero deposit and withdrawal fees. Traders can put money in and take money out without extra charges. This means more of their money goes into trading.
Asset Class | Fees and Commissions |
---|---|
Forex | Variable spreads from 0.6 pips, no additional commissions |
CFDs | Competitive spreads, overnight financing charges may apply |
Share Dealing | Commissions from 0.10%, minimum charges: £10 (UK), $15 (US), €10 (Europe) |
Deposits and Withdrawals | No fees |
Summing up, IG Markets has top-notch pricing. It offers low commissions, tight spreads, and clear fees in forex, CFDs, and share dealing. Plus, with no deposit or withdrawal fees and a benefit for active traders, it’s a smart choice for those wanting to boost their profits.
IG Markets Research and Analysis Tools
IG Markets gives traders a wide range of research tools. These tools help traders make smart trading decisions. They include detailed market insights, news updates, and economic calendars. This keeps traders updated on financial market events and trends.
The broker’s expert analysts share daily market insights, trading ideas, and technical analysis. Traders can stay ahead with strategies across different asset classes. Also, IG offers advanced charting tools with over 30 technical indicators. These let traders look deeply into price actions and spot trading opportunities easily.
“IG Markets’ research and analysis tools are second to none. The daily market insights and technical analysis provided by their in-house analysts have been invaluable in helping me make informed trading decisions.” – Sarah Thompson, IG Markets client
IG Markets has a special sentiment analysis tool. This tool shows what percentage of clients are buying or selling in a market. It’s a unique way for traders to understand market sentiment and dynamics.
Research and Analysis Tools | Description |
---|---|
Market Commentary | In-depth analysis and insights on various financial markets |
News Updates | Real-time news feed covering key economic events and market-moving announcements |
Economic Calendar | Comprehensive schedule of upcoming economic releases and events |
Advanced Charting Tools | Over 30 technical indicators and drawing tools for in-depth price analysis |
Sentiment Analysis | Displays the percentage of clients holding long or short positions in a market |
IG Markets’ tools help traders understand the market better. They make trading decisions based on solid analysis. This can lead to better trading performance. To learn more about IG Markets and their award-winning trading platform, visit ForexBrokers.com’s in-depth review.
Education and Training Resources
IG Markets helps traders learn all they can to win in finance. They have many ig markets education and training resources. These help everyone from newbies to pros.
IG’s main educational tools are webinars and seminars. Experts and traders lead these. They talk about market analysis, trading tips, risk management, and using tools. You can talk with them, ask questions, and learn a lot about trading.
Webinars and Seminars
IG Markets offers webinars on trading. They cover things like:
- Fundamental and technical analysis
- Trading psychology and mindset
- Money management and risk control
- Advanced charting techniques
- Trading platform features and tools
These webinars fit into any schedule. Whether you like quick sessions or deep dives, IG has it all.
Trading Guides and Articles
IG also has many trading guides and articles. These cover everything from the basics to complex strategies. IG Academy is full of info to make traders better.
Some top trading guides at IG are:
- Introduction to forex trading
- Understanding CFDs and leveraged products
- Technical analysis and chart patterns
- Fundamental analysis and economic indicators
- Risk management and position sizing
- Trading psychology and emotional control
All this is free for IG traders and those thinking of joining. It’s your chance to learn more about trading and improve your market game.
IG goes beyond its resources. It teams up with others, like Trading Central, to offer more research and tools. This gives traders the insight they need to succeed.
With their varied ig markets education and training resources, IG helps traders get the knowledge and skills they need. They are all about supporting traders reach success in finance.
Customer Support and Service
IG Markets is known for its top-notch ig markets customer support and client service. They help traders make smart decisions and understand the platform. Their team is ready to help 24/5 via live chat, email, or phone.
The company shines with its support in many languages, welcoming traders worldwide. This approach has won high praises on Trustpilot. It shows their dedication to being open and available to all.
IG Markets recently got great reviews for their support and service:
Rating | Percentage of Reviews |
---|---|
5-star | 55% |
4-star | 17% |
3-star | 7% |
2-star | 4% |
1-star | 17% |
The survey showed that 55% gave a 5-star rating for support quality at IG Markets. An extra 17% gave a 4-star. This highlights the service’s excellence.
The IG Markets customer support team is always quick to respond and provides clear, helpful answers to my questions. Their expertise and professionalism have greatly enhanced my trading experience.
Besides direct support, IG Markets has a detailed FAQ section on their site. It helps with common questions on account management and trading. Traders can get quick and easy answers, adding to the service’s quality.
IG Markets works hard to make customers happy, always improving based on feedback. They aim to listen and meet their traders’ needs. This dedication has led to a happy customer family, as seen in positive reviews around the web.
IG Markets Review: User Experience
Our review of IG Markets focused on user experience and the functionality of its platform. We tested its web and mobile platforms thoroughly. We found that IG Markets offers a smooth and easy trading experience.
Platform Usability and Navigation
The web trading platform at IG Markets is designed for easy use. It has a neat layout. Traders can adjust their workspace easily. This makes it great for both beginners and pros. You can find the tools you need fast.
The mobile apps for iOS and Android are just as good as the web platform. They provide a similar user experience no matter your device.
Some users have raised concerns. They’ve noticed differences between closing prices and what’s shown on charts. This could affect trades. A few also said they got emails they didn’t want, or emails kept coming after they tried to stop them.
Order Execution and Trade Management
IG Markets uses top technology to ensure your trades go through quickly and smoothly. You can pick from various order types. Plus, there are tools to help protect your trades when the market gets wild.
We gathered feedback from different sources, including Product Review. Here is a summary of what people liked and didn’t like about IG Markets:
Aspect | Positive Feedback | Negative Feedback |
---|---|---|
Platform Quality | Intuitive and customizable layout | Occasional price discrepancies |
Order Execution | Fast and reliable execution | – |
Customer Support | Exceptional service from account managers | Unresponsive or unhelpful staff |
Fund Withdrawals | – | Delays and extensive verification processes |
Email Communications | – | Unauthorized or persistent marketing emails |
Despite some issues, many users have a good opinion of IG Markets. They like the quality of the platform and the great support from some account managers.
Safety and Security Measures
At IG Markets, keeping your money and info safe is crucial. They use many methods to give you a secure trading zone. You can trust that your funds are separated from the company’s money.
By putting your money in special bank accounts, IG Markets makes sure it stays safe. If the company goes bankrupt, your money is still yours. This is a vital step to keep your money from being used in risky ways by the broker.
IG Markets also uses the latest in data protection. All your personal and account info is kept safe thanks to strong encryption. No one unauthorized can see your data.
At IG, we use 256-bit SSL (Secure Socket Layer) encryption, which is the industry standard for secure online transactions. This means that all information sent between our clients and us is encrypted, making it virtually impossible for anyone else to access or read it.
IG Markets has independent parties check their security often. These checks make sure their safety measures are among the best in the business. By doing these audits, IG Markets shows they value honesty and always aim to do better in keeping your money and info safe.
IG Markets goes even further to protect your account:
- Two-factor authentication: You must provide a second ID, like a code from your phone, along with your usual login info.
- Biometric login: You can log in with your fingerprint or face. This makes it extra secure and simple for you.
All these protective steps make sure your funds and info are safe. Because of their strong safety and security measures, IG Markets is a name you can trust in the trading world.
Pros and Cons of Trading with IG Markets
Before you trade with IG Markets, take a balanced look at what they offer. IG Markets has many good points, but there are some things you might not like. It’s important to see if this broker is right for you.
IG Markets stands out because it has a lot of trading options. You can trade forex, CFDs, shares, and more here. They have good prices, which means you could save money. Their trading tools are also easy to use and have lots of features.
IG Markets also helps you learn more about trading. They offer many lessons through the IG Academy. You can take part in webinars or read guides. Plus, being a well-known broker, they keep your money safe and look out for your interests.
Yet, there are a few downsides with IG Markets. Their minimum deposit is high, which might not suit new traders with little money. Also, they may not have some very specific trading options that you want to explore.
IG Markets Pros | IG Markets Cons |
---|---|
|
|
In the end, IG Markets is a good pick for many. They balance good services with reasonable prices. For most traders, they are worth checking out. However, it’s smart to look at both the good and not-so-good before deciding.
IG Markets is respected in the trading world. They offer a lot, but it’s not all perfect. Yet, the good usually wins over the bad for customers.
When you look at trading with IG Markets, focus on what’s important to you. Think about what you need in a broker. Look at your trading style, what you want to trade, and how much you’re ready to invest. This will help you see if IG Markets fits your goals.
IG Markets vs. Other Top Brokers
When comparing IG Markets with top brokers like FOREX.com and OANDA, it excels in several areas. IG Markets offers more trading instruments, including shares and options. In contrast, competitors are mainly focused on forex and CFDs. This difference makes IG Markets a standout choice.
IG Markets vs. FOREX.com
IG Markets and FOREX.com are both strong on competitive pricing and low commissions. They’re great for those keeping an eye on costs. But IG Markets is known for its strict regulation and a longer history. These aspects boost trust and confidence in the broker.
IG Markets vs. OANDA
In the comparison between IG Markets and OANDA, both emphasize good prices and easy trading platforms. OANDA matches IG Markets in providing educational resources and support. Yet, IG Markets surpasses with its broader reach and the ability to trade more than just forex and CFDs.
Choosing between IG Markets, FOREX.com, and OANDA comes down to personal trading needs. This includes market interests, platform requirements, and account type considerations. It’s essential for traders to weigh these factors against their own goals.
Broker | Tradable Instruments | Regulatory Oversight | Minimum Deposit |
---|---|---|---|
IG Markets | Forex, CFDs, Shares, Options | FCA, BaFin, ASIC, CFTC, FINMA | £250 / $300 |
FOREX.com | Forex, CFDs | FCA, CFTC, IIROC, ASIC | $100 |
OANDA | Forex, CFDs | FCA, IIROC, MAS, ASIC | $0 |
The table shows that each broker has its own key strengths. IG Markets stands out with more trading options and extensive regulation. FOREX.com and OANDA are known for forex and CFDs. OANDA’s $0 minimum deposit particularly attracts new traders.
Conclusion
After reviewing thoroughly, IG Markets stands out as a top choice. It’s great for both new and experienced traders. It has a wide variety of tradable assets, low fees, modern trading tools, and helpful learning resources. These things help traders from all over the world. The firm is known for following strict rules, being around for a long time, and making sure customers are happy. This makes trading with them safe and dependable.
IG Markets may ask for a bit more money to start trading than some competitors. But, what it offers in return beats this small downside. It has easy-to-use platforms, lots of info on markets, prices that are clear, and quick support if you need help. These things are part of what makes the trading experience top-notch at IG Markets.
Our detailed review leads us to suggest IG Markets highly to anyone serious about trading. Whether you’re into trading forex, CFDs, stocks, or more, IG Markets offers a stable and rich platform. It helps you meet your trading dreams. See how trading with a leading broker can benefit you. Start your account with IG Markets today.
FAQ
Is IG Markets a trustworthy and reliable broker?
Yes, IG Markets is very reliable. It gets regulated by many top-tier organizations. These include the FCA, BaFin, ASIC, and others. This ensures your money is safe and that they are open about how they work.
What types of accounts does IG Markets offer?
They have a few account types. Standard Accounts are for most people. Professional Accounts are for those who know a lot. They also have Demo Accounts for practice and Islamic Accounts for followers of Sharia law.
What trading platforms does IG Markets provide?
IG Markets has its own easy-to-use web platform. They also have apps for your phone or tablet. If you love MetaTrader 4 (MT4), they have that too.
Does IG Markets offer competitive spreads and fees for forex trading?
Yes, IG Markets has good deals when you trade forex. For big pairs like EUR/USD, the spread starts at 0.6 pips. They’re clear about their pricing, with no secret fees.
What CFD trading opportunities does IG Markets provide?
There’s a lot to trade with CFDs at IG Markets. Trade indices CFDs, commodity CFDs, and cryptocurrency CFDs. You’ll find things like gold and silver, energy, and digital coins like Bitcoin.
Can I invest in individual stocks and shares with IG Markets?
Absolutely, IG Markets lets you buy single stocks. They offer access to many shares from all over the world. This includes the UK, US, and more.
What educational resources does IG Markets offer?
IG Markets has lots of learning stuff. Check out webinars, seminars, and lots of guides and articles. All this knowledge is free at the IG Academy.
How reliable is IG Markets’ customer support?
IG Markets really cares about helping their customers. They offer help 24/5 in many languages. You can reach them by live chat, email, or phone for quick support.
Is my money safe with IG Markets?
Your security is important at IG Markets. They keep your money separate and use high-tech to protect your info. Also, they get checked often to be sure they follow the rules.
How does IG Markets compare to other top brokers like FOREX.com and OANDA?
IG Markets is up there with the best. They offer a lot, have good prices, and follow strict rules. Which is best for you depends on what you need and like in a broker.