8.6

IG Broker Review: Mastering Markets with Leading Technology and Support

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8.6/10 (Expert Score)
Product is rated as #2
Trust & Regulatory Status
9.5
Tradable Instruments
9
Fees
8.5
Account Types
8
Platform and Tools
8.5
Deposit and Withdrawal
8
Customer Support
8.5
Research and Education
9
Mobile Trading
8.5
Security
9

USPs: FTSE 250-listed broker | 17,000+ markets | Award-winning trading platforms


IG Overview & Company Background


IG's extensive market range, regulatory strength, and feature-rich platform provide a solid foundation for its reputation, though some traders may find the higher deposit requirements and inactivity fees to be potential limitations.

🏦 Headquarters: London, UK

📅 Founded: 1974

📜 Regulation: FCA (UK), ASIC (Australia), MAS (Singapore), BMA (Bermuda)

🌐 Supported Countries: Global presence (18 offices worldwide)

💻 Platforms: IG Web/Mobile platform, MT4, L2 Dealer, ProRealTime, TradingView

💵 Min Deposit: $50 (card), $0 (bank)

 

Company Background

IG began by offering gold derivative trading and evolved steadily into a broad-market broker. Over time, it launched CFDs on forex, commodities, indices, shares and crypto. IG’s mission has been to give traders transparent access to global markets with professional tools. The group now serves 346,000+ active clients worldwide, offering both DMA (raw) and OTC trading with 15,000–17,000 available markets. IG is listed on the London Stock Exchange (FTSE 250), reflecting its strong financial position and regulatory standing. Its growth milestones include expanding into multi-regional operations, receiving Tier-1 licenses in multiple jurisdictions (FCA UK, ASIC AU, MAS SG, etc.), and becoming known for high-speed execution and an outstanding platform suite. Today IG is considered one of the most established brokers globally, balancing a long legacy with cutting-edge technology.

 

IG Broker Homepage


Pros & Cons Analysis


PROS
  • Regulated by top-tier authorities – ensures client trust.
  • Access to a vast range of markets – 17,000+ instruments.
  • Award-winning, high-speed trading platforms.
  • Long track record & financial strength – FTSE 250 listing, 50+ years experience.
  • Competitive pricing with spreads from 0.1 points on indices and transparent fees.
CONS
  • No MT5 or cTrader support – fewer third-party platform options.
  • No Islamic (swap-free) account option – overnight financing applies to all trading positions.
  • U.S. clients cannot register.
  • Limited social/copy-trading tools as IG focuses on self-directed trading.

IG vs Competitors: Key Differences

  • Market access: IG’s offering far exceeds most competitors. Many rivals provide only a few thousand.
  • Regulation & scale: IG is publicly listed and regulated across multiple regions, whereas many smaller brokers are privately held.
  • Platform variety: IG has a robust proprietary platform and MT4, but lacks MT5 or cTrader, which some competitors offer.
  • Fee structure: IG’s spreads and commissions are competitive; however, its share CFDs carry exchange fees that specialized stock CFD providers may avoid.
  • Support: IG’s global 24/5 support (phone, chat, WhatsApp) and multilingual service stand out versus brokers with limited hours or regions.

Is IG Regulated and Safe?


IG has a very strong regulatory framework. It is Tier-1 regulated in multiple regions: for example, IG Markets Ltd and IG Index Ltd are authorised and regulated by the UK’s FCA, IG Asia is regulated by MAS in Singapore, IG Australia by ASIC, and IG International (Bermuda) is licensed by the Bermuda Monetary Authority. This multi-jurisdiction oversight means IG must meet high capital requirements, client fund segregation rules, and regular audits. Tier-1 regulation (FCA, ASIC, MAS) implies robust customer protection: strict conduct rules, compensation schemes, and oversight. In practical terms, retail clients benefit from protections like segregation of funds, negative balance protection for trading debt (for those in applicable regions), and access to compensation schemes (e.g. FSCS coverage up to £85,000 in the UK). Overall, IG’s regulatory status is solid and inspires trust – it operates with full transparency as a listed company and adheres to the strictest financial regulations in each jurisdiction.

Regulatory Licenses:

  • FCA (UK) – IG Markets Ltd (FCA regulated, firm reg. 195355).
  • ASIC (Australia) – AFSL 220440 (IG Markets Ltd).
  • MAS (Singapore) – Capital Markets Services licence (IG Asia Pte Ltd).
  • BMA (Bermuda) – Licensed for investment & digital assets (IG Int Ltd).
  • FSCA (South Africa) – FSP No 41393 (IG Markets South Africa).
  • Others – IG is also overseen by regulators in Switzerland (FINMA), Germany (BaFin), etc.

Safety Measures:

  • Client Fund Protection: Client funds are held in segregated trust accounts at top banks, never commingled with IG’s own capital. This ensures that in any insolvency, client money is separately identifiable and insulated.
  • Compensation Schemes: Eligible retail clients in the UK are covered by the FSCS (compensation up to £85,000) if IG were to fail. Australian clients have access to AFCA dispute resolution, etc.
  • Negative Balance Protection: IG provides negative balance protection on trading-related debts, meaning retail clients cannot lose more than their deposit (within regions where this applies).
  • Data Security & Encryption: All IG platforms use secure SSL encryption to protect data. IG also recommends cybersecurity best practices (e.g. strong passwords, HTTPS connections) to clients.

Trading Conditions & Costs


Instruments: Over 17,000

Spreads: From 0.1 points.

Commission: From $0

Leverage: Up to 1:500

Instruments: IG provides access to over 17,000 markets via CFDs — including forex, indices, commodities, shares, crypto, bonds, and more — all from a single account, enabling traders to diversify their portfolios seamlessly under one platform.

Spreads: IG offers highly competitive pricing, with Forex CFDs and MT4 spreads starting from just 0.6 pips on major currency pairs (such as EUR/USD, EUR/GBP, USD/JPY), index spreads from around 0.8 points, and commodity spreads from approximately 0.1 points.

Commissions: IG does not charge a commission on its main CFD or forex trades; costs are embedded in spreads. On share CFDs in select regions (e.g., Singapore), commission starts from 0.1% .

Leverage: It depends on the client’s entity: IG International (Bermuda) offers up to 500:1 on forex, while regulated entities impose local limits (e.g. 30:1 in UK/EU for retail). Overall, IG provides a low-cost structure for volume traders, with professional-grade pricing and funding costs.


IG Trading Platforms & Tools


Available Platforms:

  • IG Web Trading Platform (Browser): Fully featured CFD and spread betting platform with integrated account management, Reuters and in-house news feed, economic calendar, and trade signals. Designed for traders of all levels.
  • IG Mobile Trading App (iOS/Android): Offers access to 17,000+ markets, charts, watchlists, alerts, trading, and research tools on-the-go.
  • Progressive Web App (PWA): Lightweight browser-based version—no app store needed—with real-time updates and home-screen shortcut support.
  • MetaTrader 4 (MT4): Industry-standard platform offering advanced charting (9 timeframes, 30+ indicators), Expert Advisors (EAs) for automated trading, and free add-ons.
  • ProRealTime: Advanced charting software with unlimited timeframes, automated strategies, and backtesting. Free for users with ≥4 CFD/spread-bet trades per month.
  • L2 Dealer: Direct-market-access platform showing level-2 order book, algorithmic orders, watchlists, and fast execution for share/forex CFD traders.
  • TradingView (Integrated): IG is an official TradingView broker, allowing clients to link their IG account to Trade directly from TradingView charts, accessing over 100 indicators and 50+ drawing tools. No extra IG fees are involved—users only need a free or paid TradingView subscription.

 

Platform Features:

  • Chart Analysis:
    Multi-timeframe charts and drawing tools across all platforms. MT4 provides 9 timeframes; TradingView supports advanced charts with over 100 indicators.
  • Technical Indicators:
    Built-in indicator sets: 30+ on MT4, 100+ on TradingView, and extensive libraries on ProRealTime and web platform.
  • Automated Trading:
    Supports Expert Advisors on MT4 and algorithmic strategies on ProRealTime.
  • Mobile Trading Support:
    Smartphone apps provide real-time charting, one-tap trade execution, alerts, and watchlist tools.

Research Tools:

IG offers a rich set of research integrations. The broker includes an economic calendar and live news feeds in its platforms, as well as proprietary tools like an interactive Stock Screener and Market Sentiment gauge. IG also provides Autochartist (pattern-recognition software) to identify trading opportunities, and access to TradingView charts and data. Its platform has built-in trade alerts, risk-management tools, and fundamental news, all natively integrated. These features (many of which are IG’s own) ensure traders can analyze markets without leaving the platform.


IG Account Types & Minimum Deposit


Account Type Min Deposit Spread Commission Platforms
CFD Trading Account $0 via bank transfer; $50 via card From 0.1 pips $0 on CFDs; share CFDs ~0.1% IG web, MT4
Spread Betting Account (UK only) $0 via bank; $50 via card From 0.1 pips $0 on CFDs; share CFDs via spread betting IG web, MT4
Options Trading Account $0 via bank transfer; $50 via card Variable per option Included in quote IG web

 

IG also offers these special account features:

  • Demo Account: Free demo with virtual funds (approx. $20,000) and full market/platform access.
  • VIP / Premium Accounts: Tailored pricing and dedicated support for high-volume traders via IG Prime.

Managed Accounts: Institutional managed accounts via IG Prime and API services.


Deposits & Withdrawals


Deposit Methods:

  • Credit/Debit Card: Min $50; instant funding; no IG fee (cards incur 2.3% processor charge).
  • Bank Transfer: No minimum; 1–3 business days.
  • FPS (HKD only): Instant; no minimum for eligible clients.

Withdrawal Methods:

  • Bank Transfer: Returned to verified bank account in 1–3 business days.
  • Card Refund: Up to deposit amount; processed in 2–5 business days; capped at $99,999 debit and $50,000 credit per transaction.
  • E-wallets (e.g., PayPal): Returned if deposited via same method.

Processing Details:

  • Processing Time: Card deposits instant; withdrawals take 2–5 business days. Bank transfers: 1–3 days.
  • Deposit Fees: IG does not charge, but third-party processor fees (e.g., card 2.3%) may apply.
  • Withdrawal Fees: None from IG; bank/card issuers may apply charges.

Limits: $50 min card deposit; no minimum bank; card refunds capped as above.


How to trade with IG? Step-by-Step Guide


  1. Visit IG’s website: Go to IG’s official site (ig.com) and click “Create live account.”
  2. Register your account: Fill in your personal information (name, address, country, etc.).
  3. Verify contact: Confirm your email address and phone number via verification links/codes.
  4. Upload documents: Submit KYC documents (ID and proof of address) through the secure portal.
  5. Fund your account: Deposit funds using your preferred method (card, bank transfer, etc.).
  6. Log in to platform: Open the IG trading platform (web or MT4 app) and log in with your credentials.
  7. Choose an instrument: Select a market to trade (e.g. EUR/USD forex pair, US 500 index, etc.).
  8. Analyze and plan: View the chart, apply technical indicators or news analysis as needed.
  9. Place your trade: Enter a buy or sell order, setting stop-loss and take-profit levels.
  10. Manage the trade: Monitor your position in real-time and close it manually or with an OCO order.

IG’s account setup and funding process is straightforward, with an intuitive online form and instant card deposits. Its web and mobile platforms are user-friendly, even for beginners, with built-in charts and guides. In summary, opening an IG account and executing a trade is quick and accessible, making IG suitable for traders of all experience levels.

 


Customer Support


Support Channels: Live Chat (via website), Email, Phone, WhatsApp and more. IG provides a 24/5 help desk: new client phone sales (+44 20 7633 5430) and email (sales.en@ig.com), plus a WhatsApp support channel during market hours. Existing clients can open support tickets in the “Help & Support” section, and IG maintains an active community on Twitter/Telegram for market news.

Support Hours: IG offers round-the-clock support on weekdays. The trading desk and help team are available 24 hours a day, Monday to Friday, covering all major market sessions (support is limited on weekends).

Additional Details:

  • Multilingual support (IG’s site and help services are available in English, Traditional/Simplified Chinese, and Spanish).
  • Dedicated VIP support (high-volume and premium clients receive tailored account management).
  • Quick response times via live chat and email (IG aims to resolve queries promptly).

IG Final Verdict


“Ideal for global traders seeking deep liquidity, diverse markets and professional-grade tools.”

Avoid if you need an Islamic (swap-free) account or you’re based in a restricted jurisdiction (e.g. the USA). Also steer clear if you want built-in social/copy-trading features (IG does not offer them) or are seeking fixed-spread pricing (IG uses floating spreads except for guaranteed stops).

In summary, IG offers a compelling package: it’s a mature, well-capitalized broker (FTSE 250) with top-tier regulation, extensive market coverage, and sophisticated platforms. Its competitive pricing (raw spreads on DMA accounts and no-commission standard accounts) is a major strength. We recommend IG for serious traders who value regulatory security and market access. Beginners will find the interface and support approachable, though those requiring niche features (swap-free accounts, social trading) may look elsewhere.


Frequently Asked Questions



Is IG regulated and safe?

Yes. IG is regulated by major authorities worldwide (e.g. FCA in the UK, ASIC in Australia, MAS in Singapore). It is listed on the London Stock Exchange (FTSE 250) and follows strict client fund rules. All in all, IG’s multi-tier regulation and long track record make it a very secure broker.

What is the minimum deposit on IG?

The minimum deposit for a live IG account is $50 if you fund by credit/debit card. There is no minimum for a bank transfer. Card deposits (Visa/MasterCard) are processed instantly.

What trading platforms does IG offer?

IG offers its own web and mobile trading platform (award-winning with advanced charting), as well as MetaTrader 4. It also integrates with third-party solutions like L2 Dealer, ProRealTime, and TradingView. You can trade your IG account on any of these interfaces.

Does IG have a demo account?

Yes. IG provides a free demo account for practice. You can sign up on their website (click “Create demo account”) and start trading virtual money on real market data. This is useful for beginners to learn without risk.

How do I withdraw funds from IG?

Withdrawals can be made back to your bank account or card. If you deposited by card, IG will refund money to that card (up to your deposited amount); card withdrawals take about 2–5 business days to process. Bank wire withdrawals usually arrive in 1–3 business days.


About Author


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Alexandra Winters

Alexandra Winters is a highly accomplished finance specialist with a proven track record of success in the industry. Born and raised in the United States, Alexandra's passion for finance and trading led her to pursue a Bachelor's degree in Finance and Economics from the prestigious Wharton School of the University of Pennsylvania. After graduating, Alexandra launched her career as a financial analyst at J.P. Morgan in New York City, quickly establishing herself as a top performer. She then transitioned to a role as a derivatives trader at Morgan Stanley, where she specialized in trading complex financial instruments and consistently generated strong ...
Our Methodology
At BrokerInspect, we base our broker reviews on verified data from each brokers official website, supplemented by public regulatory disclosures. Using a structured scoring system, we evaluate key aspects like regulation, fees, platforms, and customer support. Each metric is individually rated and contributes to a brokers final score, which is reviewed by our editorial team. Reviews are regularly updated to ensure accuracy, transparency, and relevance.
Disclaimer
The information provided in this broker review is for educational and informational purposes only and does not constitute financial advice. Trading financial instruments involves substantial risk and may not be suitable for all investors. Readers should conduct their own research and consult with a licensed financial advisor before making investment decisions.

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IG Broker Review: Mastering Markets with Leading Technology and Support
IG Broker Review: Mastering Markets with Leading Technology and Support

 2025 BROKERINSPECT

Disclaimer: Trading forex, CFDs, cryptocurrencies, and other derivatives involves substantial risk and is not suitable for all investors. Leverage can amplify both gains and losses. Market volatility, system failures, and third-party service risks can result in significant financial loss. Past performance does not guarantee future results. This content is for informational purposes only and does not constitute investment advice. Seek professional guidance before making any financial decisions. For a full overview of associated risks and our disclaimers, click here.
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