IG Markets – The Best Forex Broker?
Read our IG Markets broker review below...
...IG Markets is a safe and legitimate broker. The main activity is trading currency pairs, CFDs, metals and signals. It offers itself as a secure, reliable, and trustworthy broker. Not only is it regulated by one of the most trusted regulators in the world, but it's also a brand under a public company. That provides an extra layer of safety for investors.
Overall, if you are a CFDs trader or a trader who wants security, albeit, for a price, trading with IG Markets is more than the right choice. It's a brand that is definitely worth the shot, and we believe thousands of traders have made the right decision with this broker.
One of the oldest brokers
ECN/STP for FX trading
Well regulated broker
No deposit and withdrawal fees
British regulation & deposit protection
High inactivity fees
Limited payment methods
Limited account types
Not available for USA traders
Slow withdrawal of funds
IG Markets Review
The broker is owned by the IG Group holding. Registration passed in the UK with headquarters in London. IG Markets began operations in 1974. Provided clients with investment and information and advisory services. In 1992, rebranding was carried out, the field of activity changed, a dealing center appeared on the market. In 2001, IG Group shares were listed on the London Stock Exchange. Since 2003, IG has been providing customers with online trading. The total number of customers is over 170,000. It opens access to 16,000 markets, displays orders for the interbank market, and makes money on the spread. Representative offices are open in 14 countries. Regulated by 16 auditors CySEC, FCA, BaFin, ASIC, FINMA, FSCA, CFTC… It works with clients around the world, initially the management planned to conquer the EU and Asia. Then it focused on Oceania, Africa and the USA.
IG Markets Features
Despite the growing number of customers, the broker manages to provide quality services. The company has 10 awards in various categories. The brand is noted for the best technical support, platform, quality of execution of orders and other merits. Investor money is kept in separate accounts with regulated banks. The company cannot use the funds to pay loans, transaction costs. In case of bankruptcy of the holding, banks will pay compensation to investors. The broker does everything so that the cooperation satisfies customers 100%. The business is built around traders, complaints and claims are taken into account. Technologies and strategies are being developed to achieve high results.
IG Markets Platforms
For trading uses its own development – IG. The product is reliable and popular. The main problems include slowness and incorrect display of statistical data, however, such failures are extremely rare. The indisputable advantage of the agent is the provision of the ability to work on mobile devices. For this, there are applications that can be installed on smartphones running iOS and Android. For the web version and applications, several customization options are offered – customizable layouts, a set of innovative monitoring tools, as well as advanced navigation paired with advanced trading methods.
When working with a broker, an investor has the opportunity to use advanced analytical tools and charts, which is repeatedly mentioned in the comments on cooperation. If the trader wishes to return to a more familiar environment for work, then you can use the MetaTrader 4 terminal – the most popular software among traders. IG Markets also offers a professional L2 Dealer platform with direct market access.
IG Markets Accounts
The Forex broker does not have the practice of separating traders by account type depending on the size of the investment. Equal terms of trade and the number of assets, access to 16,000 markets are offered. The site does not have sections «Training» and «Analytics». However, an overview of the categories of trading instruments is made and the advantages of trading platforms are described. The broker maintains a blog and forum. Trading strategies and new indicators are considered. You can ask the analyst or technical support manager a question.
IG Markets Payments
IG account deposits can be made by major credit card, debit card, or bank transfer from the «My Account» platform dashboard. Withdrawals are the full amount of earnings on a trade. Commission and dividend charges are taken into account prior to credit. IG account subscribers have the option of daily, weekly or monthly conversion settings for transfer of funds to a foreign, base currency at a standard charge of 0.3%. Client funds are segregated and secured. All transactions, both commercial and non-trading, are conducted through encrypted channels.
IG Markets Support
Website technical support is adaptive, interacts with various sources. Contact with employees is available on weekdays from 9:00 to 17:00 GMT, which is convenient for European residents. You can communicate with operators via email, live chat, phone or social networks. For effective trading, quality support is simply necessary, and here it will be provided.
IG Markets Conclusion
In conclusion, IG is a well-regulated broker that offers award-winning and fully customizable trading platforms. IG offers many advanced trading tools that you can use to analyze the market, and they also have a friendly customer support team. The broker will likely remain a market leader for years to come, making it a reliable platform to carry out your trading activities both now and in the future. Whether you’re just starting off or you’re looking for a better platform to continue your professional trading career, IG is most definitely a considerable option.
IG Group FAQ on the broker
1 Is IG Group a regulated broker?
Yes, IG Group is regulated by CySEC, FCA, BaFin, ASIC, FINMA ... in United Kingdom and others.
2 What trading platforms does IG Group offer?
IG Group offers the full suite of MT4, Web, Mobile, Pure Deal.
3 What is IG Group maximum leverage?
Maximum leverage at IG Group is 1:300.
4 What methods can I use to deposit and withdraw funds on IG Group?
Deposits and withdrawals with this broker can be done using these methods: Maestro, Visa, Mastercard, PayPal, Bank Transfer.
5 What is the spread of the IG Group broker?
The spread for this broker is on average IG Group is 0.6 - 1.5 pips.
6 What’s the minimum deposit to open a Live account at IG Group?
The minimum deposit to open a Live account is 1 USD.
7 What cryptocurrencies are available at IG Group?
In this broker are the following cryptocurrencies for trading: BTC/USD, ETH/USD, LTC/USD, XRP/USD, BCH/USD, Crypto 10 Index.
8 In what currency can I open an account with IG Group?
With this brokers you can open an account in currencies: USD, EUR, JPY, GBP.
9 What Trading Instruments are available at IG Group?
On IG Group, you can trade financial instruments such as: CFDs, Forex, Crypto, Stocks, Indices, Digital Options, SpreadBetting.