IG Broker Review: Forex & CFD’s Trading at IG

Established in 1974, IG Group Holdings plc is a publicly traded company that has grown into a global leader in online trading, serving over 360,000 clients worldwide. Headquartered in London, IG Group operates in 19 countries across five continents, providing traders with unparalleled access to financial markets. Regulated by top-tier authorities like the FCA, ASIC, FSCA, and MAS, IG ensures a secure and compliant trading environment.

Author & Platform

Please consider contacting a professional advisor if you require any financial assistance. IG makes this process straightforward by supporting multiple deposit methods without charging any deposit fees. Accounts can be opened and funded in various base currencies, including AUD, USD, EUR, GBP, NZD, SGD, JPY, and CAD. The query that I contacted the customer support team with about two weeks ago via the WhatsApp chat has been ignored, and I am unable to get through via the helpline number. (I am currently at queue position 8, and have been for over half an hour)!

Its extended stock hours and weekend trading set it apart from many competitors, making it an ideal platform for active and diversified trading strategies. IG offers several platforms, including its proprietary web platform, 🇺🇸 MetaTrader 4 (MT4), ProRealTime, and L2 Dealer. Each is designed to suit different trading styles, whether you need advanced technical analysis or a simple, fast trading interface. Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries.

IG Desktop MetaTrader 4 Platform

  • In 2025, IG was rated best in class across various categories, including offering investments, commissions and fees, platforms and tools, etc.
  • As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.
  • Integrated into the app are news headlines from Reuters, price alerts and customised watchlists.
  • It is available for Android and iOS devices and can be downloaded from the respective app stores.
  • IG offers competitive spreads and commissions across various trading instruments.

IG Markets charges on average 0.6 pips spread on EUR/USD trading and 0.1% commission per share dealing. US share trades come with zero-commission trading while the UK shares require GBP 3 commission per trade. Trading major stock indices like the DAX 30 and FTSE 100 comes with a 1 point spread while gold trading has a minimum spread of 0.3 pips. IG offer locally based customer service 24 hours a day from Monday to Friday. IG offers support over the phone, via e-mail, or even through their handle on Twitter. An investment trends report found IG has strong customer support but was awarded the winner in 2015, 2016 and 2017 to Pepperstone.

Leveraging a blend of creativity and technical skills, Arash delivers… ‘IG has a simple structure and caters for experienced investors, and those with less experience who want a bit of help in managing their portfolios. It’s got ISAs, pensions, contracts for difference, research and a learning facility. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

Additionally, the platform provides access to a wealth of trading ideas, educational content, and custom strategies shared by both users and brokers. IG’s fees are highly competitive in the Forex trading market, appealing to many traders. The broker provides tight spreads for Forex and CFD trading, starting at 0.6 pips on major currency pairs, with no additional commissions on most products.

IG is a reliable broker offering Contracts for Difference (CFDs) and competitive spreads on over 70 trading instruments. Regulated by two tier-1 authorities, IG boasts a trust score ig group review of 96 out of 100, reflecting its high level of credibility. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

Available Features

IG offers a variety of trading instruments, including Share CFDs, Forex, Indices, Commodities. It supports popular trading platforms and tools such as MT4, Progressive mobile web,ProRealTime, and L2 Dealer. IG delivers a low-cost trading experience by offering tight spreads, zero commissions on most trades, and no fees on deposits or withdrawals. Its clear and transparent pricing model helps traders understand and manage costs while benefiting from reliable execution and competitive value across global markets. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries a risk of financial loss and may not be suitable for all investors.

What is the minimum deposit for an IG broker?

Yes, a trusted multi-asset broker, IG is publicly traded and regulated across the globe. Yes, IG is a long-standing broker with almost 50 years of experience in the market and one of the largest brokers in the world. I’ve looked hard at IG Forex for 2024, and it stands out as a top-tier broker. With its high Trust Score and winning the #1 Overall Broker, you can trade confidently knowing you’re with one of the best. Mobile trading on IG’s app means you can manage trades while moving, ensuring you never miss an opportunity, no matter where you are. They give access to fundamental markets through a DMA account using Forex Direct.

  • You can also use their demo account to practice trades without risking real money.
  • The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate.
  • Additionally, the broker is regulated by a range of authorities, including Top-Tier regulators.
  • Traders have access to IG’s biggest collection of over 17,000 markets and a healthy group of useful features that include.

Rather than temporary promotional bonuses often restricted by regulators, IG focuses on sustainable value-added programs rewarding client loyalty and trading activity. The IG Club provides tangible benefits for high-volume traders through reduced spreads and dedicated support. Free ProRealTime access for active traders represents significant value, as this professional charting package typically carries substantial subscription fees. IG is a top-tier choice for traders seeking best-in-class forex and CFD options. IG’s broad range of offerings, combined with excellent educational resources, makes it a superb multi-asset broker for both seasoned traders and newcomers alike. IG broker also source their forex market quotes directly from the world’s largest global exchanges and banks.

How much does IG Group charge per trade?

Execution speed on the platforms is reliable, and the customizable layout allows traders to tailor their workspace to their preferences. Overall, the IG web platforms stand out for their accessibility, robust functionality, and the seamless experience they offer across devices. IG also offers transparency with minimal hidden fees, though users may encounter some additional charges, such as for inactivity on certain account types or international money transfers. These fees are outlined clearly to help traders manage costs effectively. IG overall offers competitive fees which can vary depending on the specific asset, account type, and region. For Forex and CFD trading, the broker typically charges through spreads, with spreads on major currency pairs starting as low as 0.6 pips.

Disclaimer NoticesThe content on this site encompasses general news, our analyses, opinions, and material from third-party sources, all designed for educational and research aims. It is not meant as direct advice or a prompt to undertake any specific action, including investments or purchases. Before making financial decisions, we urge you to conduct thorough research, exercise personal judgment, and consult with professionals.

IG proprietary platform is a web-based trading software that doesn’t require a download, along with trading applications optimized for most smartphones and tablets. The platform features include direct market access throughout its NDD connectivity, APIs, and the possibility to transform it into a Specialist platform with flexible access and professional resources. The broker generally does not charge withdrawal fees, however, international bank transfers may incur charges based on the bank’s policies. Another possible fee is the overnight cost, applied to leveraged positions held overnight, which varies depending on the asset and market conditions.

IG is publicly traded and holds numerous regulatory licenses across the globe, as well as a banking license in Switzerland. It’s also worth noting that IG has a market capitalization of 2.46 billion GBP (as of October 2023) – learn more about why these things matter by visiting our Trust Score page. IG recently acquired TastyTrade, following its entry into the U.S. market, and expanded into futures, options, and a vast array of other asset classes.

Australian’s and UK traders wanting to trade shares will need a Share dealing account. The Forex direct account is also termed an ECN forex broker, as traders have direct market access with raw costs. Overall, the spreads on this account tend to be higher than the standard average but also show decent ones on EUR/USD, USD/JPY, AUD/USD, EUR/GBP, and EUR/JPY. IG offers an excellent choice of trading platforms, including its proprietary web-based option, ProRealTime, MT4, and L2 Dealer.

In turbulent markets, their price improvement technology may give you a superior price to that quoted when available. This has resulted in 1.8 million points of positive slippage to clients, which is equivalent to nearly £3.3 million that were passed on to IG traders. Their most popular platform is their own ‘core platform’ which is browser-based spread betting and CFD web platform designed for on-the-go FX traders as no downloads are required. This is complemented with mobile apps (iOS and Android) for any device, including tablets, which integrate with the web-based platform. IG offers a wide range of trading platform options that are superior to forex brokers across forex and CFDs including MetaTrade 4, TradingView, IG Trading Platform, and L2 Dealer.

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