About the company:
IG Markets Ltd owns and operates the firm, which was created in 1974 and was previously known as IG Index. Although it introduced stock brokerage to its platform in 2014, the British broker is mainly recognized for its CFD trading and financial spread betting.
IG was listed on the London Stock Exchange under the name IG Group plc in 2000. IG is now an FTSE 250 company with operations in 16 countries and clientele on five continents.
The industry has acknowledged IG’s unique platform as best-in-class and highly regarded, including our accolades. Spread betting and CFD trading are also possible on the site. It’s easy to use, with one-click trading, detailed technical analysis, and risk management features. Traders also have access to the following resources:
- Reuters streams news on
- Economic calendar
- Analytical articles, IG
- Trading signals
The online platform provides a real-time view of market prices and spreads, as well as assured stops and limits for profit and loss management. A Progressive Web App (PWA) is a powerful, all-encompassing alternative to a downloaded platform.
ProRealTime is a charting application that is part of the IG Markets platform. With about 100 volume and other indicators and a completely customizable user interface, it’s ideal for traders wanting to undertake extensive technical analysis. Trading may also be automated using ProRealTime. Users may use the authoring tools to design algorithms and test them against 30 years of historical data. Traders can also employ third-party tactics.
Clients can use the MetaTrader 4 platform, which is provided by a third party (MT4). The MT4 system, which comes with 18 specific software add-ons and can be used to trade Forex, commodities, and more, is suitable for traders of all levels of expertise.
The firm has an award-winning iPhone, iPad, and iPod Touch app, as well as an Android app for devices running OS 5.0 and higher. The mobile app includes 19 drawing tools, 30 technical indicators, an economic calendar, and customer attitude indicators, in addition to full transaction administration. Customers may also build individual watchlists and set up ice alerts and SMS notifications.
- Speculate on the world’s largest indices.
- Forex: more than 90 currency pairs.
- Commodities: Trade precious metals, including gold and silver, as well as energy.
- Spread Betting
Spreads and commissions
Spreads on popular currency pairs, such as the EUR/USD, begin as low as 0.6 pips. Spreads on major indexes like the FTSE 100 are as low as 1 pip, while spreads on spot gold are as low as 0.3 pip.
Other trading charges must be considered, beginning with fees for rollovers to the next day. The broker’s website has details on the changing daily pricing and restrictions, which are subject to change. Inactive accounts are also subject to inactivity fines.
Deposits and withdrawals
Depositing money is simple, as it should be. Traders can use credit cards (VISA, MasterCard, and debit), bank transfers, and PayPal to finance their accounts. Payments made by credit card are processed instantly. By contrast, bank transfers might take up to three days. The minimum deposit is £250, with a daily maximum amount of £20,000.
Credit cards, bank transfers, and PayPal can all be used to make withdrawals. Select “Withdraw” from the “Live Accounts” page for withdrawals.
It takes two to five business days to withdraw money from your card. Withdrawals to PayPal are normally immediate, but bank transfers are usually done the same day if received by midday but might take up to three days depending on the bank. The least amount that may be withdrawn is £100.
A student account is available from IG. You may try the platform under simulated market circumstances with a virtual account. So, once you have your trial account login information, you may trade several markets, including FX and CFDs, with £10,000 in fake currency.
When it comes to picking an internet broker to deal with, regulation and reputation are crucial. The UK Financial Conduct Authority has licensed and regulated IG Markets Ltd. (FCA).
Furthermore, each regional office is licensed and registered in the country where it is situated. In the United States, for example, IG US is completely compliant.
In terms of IG’s reputation, it’s fantastic. For more than 40 years, the firm has established itself as a prominent competitor, helping to shape the online retail industry as we know it today.
The firm has won multiple honors for its trading platforms, technology, and exceptional client service, among other things. Analysts from IG Trading are frequently highlighted in the press as a trustworthy source of market insight.
A good collection of research tools is frequently mentioned in customer feedback. Real Vision TV is available to traders who deposit $500 or more, and traders who deposit $5,000 or more have access to Real Vision research.
Internal features, such as an economic calendar and video material, are also beneficial to users. In addition, the broker provides a configurable screener for numerous assets, as well as pattern recognition-based trading recommendations.
Finally, IG Markets operates DailyFX, a blog-based news service that, among other things, offers trending information.
Customer sentiment is a significant market signal for a broker of this magnitude, and therefore the per-asset sentiment sensor is a valuable feature, even for rivals.