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

Item: IG Broker Review
Rating: 4.6
Author: Daniel Mendoza

IG Forex is a leading choice for traders due to its unique strengths in the forex market. With access to over 80 currency pairs and low spreads starting from just 0.6 pips, it’s perfect for traders looking to keep costs low.

🌍 Supported countries	Worldwide – Exceptions include the US, Canada and Japan
💲 Stocks CFDs fees	From 0.02 USD per share
₿ Cryptos CFDs fees	From a spread of 3 (ETHUSD)
⏸️ Inactivity fee	$0
💸 Withdrawal fee	$0
💳 Minimum deposit	$0
📊 Products offered	CFDs on Stocks, ETFs, Commodities, Forex, Indices, Currency Indices and Cryptocurrencies
🎮 Demo account	Yes
📋 Regulatory entities	FCA, CySEC, ASIC, SCB, DFSA, BaFin, CMA

Platform

The broker offers intuitive platforms like MetaTrader 4 and its own mobile-friendly app, delivering fast trade execution and a seamless experience for both new and experienced traders.

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 (~0.014–0.027 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

Safety:

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

Education

Con	Impact on Traders
High CFD Risk	Around 70–80% of retail investor accounts lose money when trading CFDs, due to leverage and market volatility.
Inactivity Fee	£12 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.

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

Additionally, its Direct Market Access (DMA) accounts provide competitive pricing for high-volume traders, making IG a versatile and reliable option.

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