CFD Broker
Visit Broker
4.6/5

  • Access 17,000+ markets all in one
  • Trade a wide range of global markets 24/7
  • Spreads as low as 0.1 points

71% of retail client accounts lose money when trading CFDs, with this investment provider

Overview


  • Trust:
    One most trusted forex broker.
  • Mobile:
    One of the best mobile apps.

IG Broker Review

Hello, fellow investors, this time we prepare for you the extended Review of IG broker. IG stands as one of the world’s most trusted and established forex trading platforms, offering traders access to over 17,000 markets across multiple asset classes.

IG Broker Highlights

๐ŸŒ Supported countries
Worldwide โ€“ Exceptions include the US, Canada and Japan
๐Ÿ’ฒ Stocks CFDs fees
From 0.02 USD per share
โ‚ฟ Cryptos CFDs fees
From a spread of 3 (ETHUSD)
โธ๏ธ Inactivity fee
$0
๐Ÿ’ธ Withdrawal fee
$0
๐Ÿ’ณ Minimum deposit
$0
๐Ÿ“Š Products offered
CFDs on Stocks, ETFs, Commodities, Forex, Indices, Currency Indices and Cryptocurrencies
๐ŸŽฎ Demo account
Yes
๐Ÿ“‹ Regulatory entities
FCA, CySEC, ASIC, SCB, DFSA, BaFin, CMA

Founded as a leading choice for forex trading, IG provides access to more than 80 currency pairs with competitive spreads starting from just 0.6 pips. As a publicly listed company on the London Stock Exchange, IG maintains the highest standards of transparency and is regulated by top-tier financial authorities including the FCA, ASIC, FSCA, and MAS across 19 countries. This is important because all public companies they are regularly sharing information and being sometimes audited for different regulation or other entities.

The broker combines advanced trading platforms like MetaTrader 4 with its proprietary mobile-friendly applications, delivering fast trade execution and comprehensive market access for both novice and experienced traders. Whether you’re interested in forex trading, CFDs, or spread betting, IG’s robust regulatory framework and extensive market coverage make it a premier destination for global trading activities.

Platform

IG provides a range of user-friendly platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary IG Trading platform, all designed for accessibility and performance. MT4 and MT5 offer advanced charting, automated trading via Expert Advisors, and extensive technical analysis tools, ideal for experienced traders.

The IG Trading platform, available on web and mobile, features a streamlined interface, real-time market data, and fast trade execution, catering to both beginners and professionals. The mobile app ensures seamless trading on the go, with full account management, customizable alerts, and integrated risk management tools. All platforms support multiple asset classes, including forex, stocks, indices, and commodities, ensuring flexibility for diverse trading strategies.

Safety:

IG Group, established in 1974 and listed on the London Stock Exchange (FTSE 250), is regulated by top-tier authorities, including the UKโ€™s Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Swiss FINMA, German BaFin, and the US CFTC/NFA. These regulators enforce strict compliance, ensuring client funds are segregated in tier-1 banks and protected under schemes like the UKโ€™s FSCS (up to ยฃ85,000).

IG offers negative balance protection for EU retail clients, preventing losses beyond account balances. Despite its strong regulatory framework, some Australian clients have raised concerns about account suspensions for profitable trading, with ongoing lawsuits alleging misleading conduct. Overall, IGโ€™s long-standing reputation and robust oversight make it a secure choice for traders.

As a publicly listed company regulated by top-tier authorities like the FCA and ASIC, IG ensures trust, transparency, and security.

Pro Benefit for Traders
Wide Range of Markets Access to over 17,000 instruments across forex, indices, stocks, commodities, ETFs, cryptocurrencies, and more
Strong Regulatory Oversight Regulated by tier-1 authorities including FCA, ASIC, CFTC, BaFin, MAS, providing high client fund security
Advanced Trading Platforms Offers a suite of platforms including proprietary web platform, MetaTrader 4, ProRealTime, L2 Dealer
Exceptional Education & Research Comprehensive learning tools, live news, webinars, tutorials, sentiment tools and market analysis
Decades of Trust & Reputation Founded in 1974, publicly listed (FTSE 250), with a longstanding industry presence
Excellent Execution & Infrastructure Low-latency execution (~0.014โ€“0.027 sec), high liquidity and best-execution model for reliable fills
Secure Trading Environment FCA segregation rules, 256-bit SSL, two-factor authentication, and FSCS protection for eligible clients
Con Impact on Traders
High CFD Risk Around 70โ€“80% of retail investor accounts lose money when trading CFDs, due to leverage and market volatility.
Inactivity Fee ยฃ12 monthly fee applies after 24 months of inactivity, which may affect casual or long-term traders.
Forex Spreads Can Be Higher Spreads on certain forex pairs may be less competitive compared to specialized discount brokers.
Complex Fee Structure Financing charges, currency conversion fees, and spread variations may be difficult for beginners to fully understand.
No MT5 Support IG supports MT4 but not MetaTrader 5, limiting options for traders who prefer the newer platform.
No U.S. Clients (CFDs) CFDs are not available to U.S. residents due to local regulation, limiting access for American traders.
Limited Guaranteed Stop-Loss Orders GSLOs are available but come with an additional premium, which increases trading costs.

Education

Traders also benefit from IG Academyโ€™s robust educational resources and advanced tools such as client sentiment analysis and Autochartist, empowering smarter trading decisions.

IG Academy provides a comprehensive suite of educational resources, including interactive courses, webinars, and seminars tailored for beginner, intermediate, and advanced traders. Courses cover topics like spread betting, CFD trading, and risk management, with quizzes to reinforce learning. T

raders benefit from advanced tools like Autochartist for automated pattern recognition and trading signals, and client sentiment analysis to gauge market trends. The IG Community, a social platform with over 60,000 users, offers peer-to-peer insights, while IGTV delivers live market analysis and educational videos. Additional resources include Reuters news feeds, an economic calendar, and in-house research, empowering traders to make informed decisions across diverse markets.

Products Available?
Stocks โœ”
ETFs โœ”
Bonds โœ”
Funds โœ˜
Options โœ”
Futures โœ” (CFDs)
Forex โœ” (80+ currency pairs)
Cryptocurrencies โœ” (CFDs)
Commodities โœ” (CFDs)
CFDs โœ” (17,000+ markets)

Conclusions and Take aways:

IG broker successfully establishes itself as a comprehensive and highly reputable trading platform that excels in providing vast market access, superior technology, and robust regulatory oversight. With its combination of competitive pricing through Direct Market Access (DMA) accounts, extensive educational resources via IG Academy, and advanced analytical tools including client sentiment analysis and Autochartist, the platform caters effectively to traders of all experience levels.

IG is a strong player in the UK Market and European market I would say the closer competitor will be Interactive Brokers another strong player that just joined the S&P 500 index, here you can check the review.

The broker’s impressive trust score and its status as one of the most trusted companies worldwide reflect its commitment to maintaining excellent trading conditions, low costs for forex trading, and professional educational support. For traders seeking a reliable forex broker, regulated trading platform, and feature-rich trading environment with access to global markets and cutting-edge trading tools, IG broker represents a versatile and dependable choice that consistently delivers on its promise of providing a superior trading experience.

Author Daniel Mendoza

Daniel is passionate about finance and marketing. He enjoys writing about Finances and Investment tips.

IG Broker Review

4.6/5