IG Markets
Forex Broker
IG Markets
Forex Broker
Overview
IG Markets was originally founded in 1974 as a spread betting business, which has since developed into an online forex trading and CFDs broker. It currently serves around 239,000 clients worldwide and offers access across more than 17,000 markets.
The company is made up of some 1500 staff, based in 17 different sales offices spread across 5 continents, including in Europe, Asia, and North America.
Overview
IG Markets was originally founded in 1974 as a spread betting business, which has since developed into an online forex trading and CFDs broker. It currently serves around 239,000 clients worldwide and offers access across more than 17,000 markets.
The company is made up of some 1500 staff, based in 17 different sales offices spread across 5 continents, including in Europe, Asia, and North America.
Traders can trade many of the world’s major assets, such as forex, indices, cryptocurrencies, shares, commodities, and various other markets. A solid range of forex currency pairs are available to be traded on, including major, minor, regional, and some exotic pairs.
In terms of cryptocurrencies, IG Markets’ clients can trade Bitcoin, Ether, Litecoin, Ripple, and Bitcoin Cash. In total, this broker offers access to a total of 10 cryptocurrencies.
Traders can trade many of the world’s major assets, such as forex, indices, cryptocurrencies, shares, commodities, and various other markets. A solid range of forex currency pairs are available to be traded on, including major, minor, regional, and some exotic pairs.
In terms of cryptocurrencies, IG Markets’ clients can trade Bitcoin, Ether, Litecoin, Ripple, and Bitcoin Cash. In total, this broker offers access to a total of 10 cryptocurrencies.
Commissions and Fees
With IG Markets, the fees involved arerelatively low for trading forex and stock index CFDs. The broker provides good transparency, with a handy list of all the fees being made available on its official website. There are zero fees for withdrawals, while all deposits to a CFD trading account is free, except for credit cards. An inactivity fee is charged after 2 years.
IG charges share dealing and CFD commission fees, but this of course depends on the specific market that is being traded and the trading method chosen. Further commissions and fees will depend on the account type selected by the client.
Commissions and Fees
With IG Markets, the fees involved arerelatively low for trading forex and stock index CFDs. The broker provides good transparency, with a handy list of all the fees being made available on its official website. There are zero fees for withdrawals, while all deposits to a CFD trading account is free, except for credit cards. An inactivity fee is charged after 2 years.
IG charges share dealing and CFD commission fees, but this of course depends on the specific market that is being traded and the trading method chosen. Further commissions and fees will depend on the account type selected by the client.
Trading Accounts
IG Markets offer CFD trading, spread betting, and share dealing accounts, each with their own features and conditions.
Through opening a CFD account, IG Markets’ clients can trade forex, indices, shares, commodities, cryptocurrencies and a range of other markets.
Trading Accounts
IG Markets offer CFD trading, spread betting, and share dealing accounts, each with their own features and conditions.
Through opening a CFD account, IG Markets’ clients can trade forex, indices, shares, commodities, cryptocurrencies and a range of other markets.
Meanwhile, traders can access more than 17,000 markets with the spread betting account, going long or short, and opening positions on margin.
Traders who open the share dealing account can buy and sell US shares commission-free, and trade UK shares from £3 per trade. With this account, traders can invest in over 12,000 shares, funds, and investment trusts, while there is a foreign exchange fee of 0.5%.
Like many other brokers, traders can test the different trading platforms and conditions by opening a free demo account.
Meanwhile, traders can access more than 17,000 markets with the spread betting account, going long or short, and opening positions on margin.
Traders who open the share dealing account can buy and sell US shares commission-free, and trade UK shares from £3 per trade. With this account, traders can invest in over 12,000 shares, funds, and investment trusts, while there is a foreign exchange fee of 0.5%.
Like many other brokers, traders can test the different trading platforms and conditions by opening a free demo account.
Trading Platforms
There are numerous different trading platforms available with IG Markets, including the widely used MetaTrader 4, as well as lesser known platforms such as ProRealTime, L2 Dealer, and IG’s own in-house trading platform.
There are numerous different trading platforms available with IG Markets, including the widely used MetaTrader 4, as well as lesser known platforms such as ProRealTime, L2 Dealer, and IG’s own in-house trading platform.
For those who wish to trade on the go, there is the option to download the IG trading app on a range of devices with both iOS and Android functionality. Traders can access the app from either the App Store or Google Play Store.
For those who wish to trade on the go, there is the option to download the IG trading app on a range of devices with both iOS and Android functionality. Traders can access the app from either the App Store or Google Play Store.
IG Markets’ own in-house progressive web app (PWA) offers clients the ability to trade the markets on any device they choose, without having to find it via a third-party app store.
IG Markets’ own in-house progressive web app (PWA) offers clients the ability to trade the markets on any device they choose, without having to find it via a third-party app store.
Education and Research
IG Markets is regarded as having an above average educational section with a range of useful materials, catering to beginners and experienced traders in equal measure. This is particularly the case with the IG Academy, which offers an extensive trader’s library – an especially useful resource for its clients to utilise. There is also an impressive range of online seminars available, covering multiple topics, from explainer content to news of potential trading opportunities.
Education and Research
IG Markets is regarded as having an above average educational section with a range of useful materials, catering to beginners and experienced traders in equal measure. This is particularly the case with the IG Academy, which offers an extensive trader’s library – an especially useful resource for its clients to utilise. There is also an impressive range of online seminars available, covering multiple topics, from explainer content to news of potential trading opportunities.
Pros
One advantage that trading with IG Markets consists of is the range of educational tools on offer. It enables beginner traders to learn more about how to begin trading on the markets. There is fast fund execution with deposits and withdrawals being processed quickly. There are also multiple payment methods available, which you would expect from a major broker. Moreover, the IG Markets online trading platform has a user-friendly interface, meaning it is fairly easy to navigate for traders of all levels of experience.
cons
On the other hand, one downside is the customer support team response time, which can be regarded as slow, when compared to competitor brokers. There is also a rather limited product portfolio on offer, while some of the trading fees are higher than the current market average.
Pros
One advantage that trading with IG Markets consists of is the range of educational tools on offer. It enables beginner traders to learn more about how to begin trading on the markets. There is fast fund execution with deposits and withdrawals being processed quickly. There are also multiple payment methods available, which you would expect from a major broker. Moreover, the IG Markets online trading platform has a user-friendly interface, meaning it is fairly easy to navigate for traders of all levels of experience.
cons
One advantage that trading with IG Markets consists of is the range of educational tools on offer. It enables beginner traders to learn more about how to begin trading on the markets. There is fast fund execution with deposits and withdrawals being processed quickly. There are also multiple payment methods available, which you would expect from a major broker. Moreover, the IG Markets online trading platform has a user-friendly interface, meaning it is fairly easy to navigate for traders of all levels of experience.
About the IG Group
Initially set up as a spread betting firm by businessman Stuart Wheeler and being originally branded as IG Index, the company has grown considerably since its establishment four decades ago.
The company welcomed the new century by listing shares on the London Stock Exchange for the very first time, being rebranded as IG Group PLC in July 2000. It is headquartered in central London, with the wider Group having registered offices in multiple countries across the globe.
IG Markets Limited is authorised and regulated in the UK by the FCA (license number 195355).
IG Europe GmbH is registered in the Frankfurt Trade Register under number HRB 115624.
The Swedish branches of IG Markets Ltd and IG Europe GmbH are regulated by the Finansinspektionen. IG is a trading name of IG Markets Ltd.
IG Markets Limited is authorised and regulated in the UK by the FCA (license number 195355).
IG Europe GmbH is registered in the Frankfurt Trade Register under number HRB 115624.
The Swedish branches of IG Markets Ltd and IG Europe GmbH are regulated by the Finansinspektionen. IG is a trading name of IG Markets Ltd.
About the IG Group
Initially set up as a spread betting firm by businessman Stuart Wheeler and being originally branded as IG Index, the company has grown considerably since its establishment four decades ago.
The company welcomed the new century by listing shares on the London Stock Exchange for the very first time, being rebranded as IG Group PLC in July 2000. It is headquartered in central London, with the wider Group having registered offices in multiple countries across the globe.
IG Markets Limited is authorised and regulated in the UK by the FCA (license number 195355).
IG Europe GmbH is registered in the Frankfurt Trade Register under number HRB 115624.
The Swedish branches of IG Markets Ltd and IG Europe GmbH are regulated by the Finansinspektionen. IG is a trading name of IG Markets Ltd.
IG Markets Limited is authorised and regulated in the UK by the FCA (license number 195355).
IG Europe GmbH is registered in the Frankfurt Trade Register under number HRB 115624.
The Swedish branches of IG Markets Ltd and IG Europe GmbH are regulated by the Finansinspektionen. IG is a trading name of IG Markets Ltd.
