IG Review 2024 | Pros, Cons & Key Findings (2024)

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IG Review 2024 | Pros, Cons & Key Findings (2)

Written By

Christian Harris

IG Review 2024 | Pros, Cons & Key Findings (3)

Written By

Christian Harris

Christian is a seasoned journalist with decades of experience. He transitioned from tech journalism to finance to follow his interest in investing. He has been trading stocks, futures, forex, and cryptocurrencies for more than 5 years, becoming an eToro Popular Investor. With hands-on expertise across various assets, he offers valuable trading insights.

» Christian Harris Profile Page

IG Review 2024 | Pros, Cons & Key Findings (4)

Edited By

James Barra

IG Review 2024 | Pros, Cons & Key Findings (5)

Edited By

James Barra

James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks.James authors, edits and fact-checks content for a series of investing websites.

» James Barra Profile Page

Updated

Jul 3, 2024

IG Review 2024 | Pros, Cons & Key Findings (6)

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IG Review 2024 | Pros, Cons & Key Findings (7) Available in United States

4.4 / 5

IG is #2 in our CFD broker rankings.

Customer Reviews (2)

4.9 / 5

4 / 5

4.5 / 5

3.5 / 5

4.8 / 5

4.5 / 5

Forex trading involves risk. Losses can exceed deposits.

$0

Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral

CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting

FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOB

USD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD

PayPal, Wire Transfer, Mastercard, Credit Card, Visa, Debit Card

Awards

  • Best Customer Service 2022 - Online Money Awards
  • Best Spread Betting Provider 2022 - Online Money Awards
  • Best Platform for the Active Trader 2022 - ADVFN International Financial Awards
  • Best Multi Platform Provider 2022 - ADVFN International Financial Awards
  • Best Finance App 2022 - ADVFN International Financial Awards

Pros

  • The IG app offers a superb mobile trading experience with a clean design that helped it secure Runner Up at our Best Trading App award
  • The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading
  • IG is amongst the best in terms of its range of instruments, which includes stocks, forex, indices, commodities, and cryptocurrencies, providing ample diversification opportunities

Cons

  • Beginners might find IG’s fee structure complex, with various fees for different types of trades or services, potentially leading to confusion or unexpected charges
  • IG has discontinued its swap-free account, reducing its appeal to Islamic traders
  • While there is negative balance protection in the UK and EU, there is no account protection or guaranteed stop losses for US clients

Go to IG

IG Review

In thisreview, I evaluate the merits and drawbacks of trading with IG. I provide ratings in every important area, drawing from my personal experience trading on the platform over a number of years. Additionally, I compare IG to alternatives, highlighting areas where the broker could improve.

Regulation & Trust

4.9 / 5

IG stands out as one of the most trusted brokers earning a score of 4.9/5.

IG is part of IG Group Holdings Plc, a publicly traded company on the London Stock Exchange (LSE), ensuring a high degree of financial transparency.

With 50 years in the industry, the brokerage has built an excellent reputation, earning numerous awards for its trading platforms and technological innovations. The company’s analysts are also frequently cited in the news as trusted sources for market analysis.

IG holds authorization from multiple tier-one regulators, including:

  • US Commodity Futures Trading Commission (CFTC)
  • UK Financial Conduct Authority (FCA)
  • Australian Securities & Investments Commission (ASIC)
  • Japanese Financial Services Authority (JFSA)
  • Monetary Authority of Singapore (MAS)
  • Swiss Financial Market Supervisory Authority (FINMA)
  • New Zealand Financial Markets Authority (FMA)

The broker is also regulated within the European Union through the MiFID passporting system.

Clients in the UK benefit from investor protection up to £85,000 in case of broker insolvency; EU clients are covered up to €20,000, Swiss clients up to CHF 100,000, and other clients receive similar protections.

It’s also reassuring to see IG employ security measures like 256-bit SSL encryption and offer two-factor authentication during login, creating a secure trading environment.

Accounts & Banking

4 / 5

IG earns a score of 4/5 for its wide range of accounts that serve different traders and flexible payment methods that ensure convenient deposits and withdrawals.

Live Accounts

IG offers different retail trading accounts depending on the markets you wish to trade, with each account granting complete access to trading platforms, complimentary market data, and educational materials.

  • CFD trading account
  • Share dealing account
  • Spread betting account
  • IG Smart Portfolio account
  • Stocks and shares ISA account
  • IG Smart ISA Portfolio account

There also exists a professional account offering higher leverage but with reduced regulatory safeguards. To qualify for this premium account, you must have executed 40 significantly leveraged trades per quarter for the past four quarters, maintain a portfolio exceeding £50,000, plus have at least 2 years of professional derivatives trading experience.

Considering the negatives, there is no Electronic Communication Network (ECN) account, which often appeals to experienced day traders looking for raw spreads. Pepperstone is a good alternative here.

There is also no longer a swap-free account for Muslim traders wishing to adhere to Islamic Finance principles. If this is important to you, consider our top-rated halal broker – AvaTrade.

Deposits & Withdrawals

IG accommodates numerous payment methods, subject to variations based on your country of residence and the corresponding IG entity governing your account.

These options include bank wire transfers, debit cards, and third-party payment providers like PayPal and Wise. Some traders may be disappointed to find there is no support for crypto deposits or withdrawals, but this is common practice at established brokers.

Card and PayPal payments are processed immediately while bank wire transfers can take up to three days.

The minimum deposit requirement differs based on the chosen IG entity for your trading account and your country of residence, but starts from just $0, making the broker accessible to beginners.

Importantly, I find withdrawing funds as straightforward as depositing them, but depending on your account’s currency denomination, minimum thresholds may apply for withdrawing funds via debit or credit cards.

Demo Account

A complimentary demo account lets you explore the various platforms and markets in a simulated environment with $10,000 in virtual funds.

This enables you to test trading strategies including hedging, comprehend financial statements, identify lucrative equity options, utilize a tiered margin system, manage positions, and grasp the mechanics of FTSE dividend payments, among other functionalities.

The bonus is that there is no time limit, an advantage over alternatives like XTB, allowing you to continue using the demo account alongside a real-money account.

💡

Tip: The IG demo account is a great place to start if you are new to online trading.

IG Review 2024 | Pros, Cons & Key Findings (8)

Assets & Markets

4.5 / 5

IG scores 4.5/5 for its huge range of markets and choice of trading vehicles. Only a select few brokers, such as Blackbull Markets (26,000+) and Saxo (71,000+), surpass IG’s investment offering.

Alongside an extensive selection of over 17,000 CFDs, IG provides access to exchange-traded securities (non-CFDs) for residents in the UK, Germany, and Australia, facilitating international stock exchange participation.

The platform also includes offerings like forex options, exchange-traded turbo warrants through Spectrum (its Multilateral Trading Facility in Europe), and listed derivatives via tastytrade in the US. Additionally, eligible clients can explore options through IG Bank in Switzerland.

In terms of cryptocurrency, IG offers crypto trading via CFDs but doesn’t support direct trading of the underlying asset (e.g., purchasing Bitcoin). Additionally, crypto derivatives are not available to retail traders in the UK.

There’s also support for bonds, futures and interest rates. IG is also one of a limited pool of brokers to facilitate pre and post market trading on over 70 US stocks, plus weekend trading on major indices like the DAX and FTSE, catering to traders looking for additional opportunities or a way to hedge weekday positions.

IG Review 2024 | Pros, Cons & Key Findings (9)

Finally, IG Smart Portfolios provide managed portfolios, offering a balanced blend of income, growth, and risk, curated through diverse asset allocations. These portfolios may appeal if you have limited time for extensive research and trade execution.

Fees & Costs

3.5 / 5

Although it doesn’t fit the profile of a discount broker, IG scores 3.5/5 thanks to its competitive pricing for active traders, notably through its Forex Direct solution, allowing for efficient execution of substantial orders.

Trading Fees

Spreads are close to industry averages, with the average spread on EUR/USD being 0.98 for standard accounts during testing. That said, it trails brokers like CMC Markets which came in at o.7 pips on the same currency pair.

On major indices, such as the FTSE 100, spreads start at 1 point, and on spot gold, spreads from 0.3 pips are available.

It’s important to mention that, similar to many other forex brokers, IG’s spreads might elevate during periods of low liquidity compared to regular market conditions.

As customary in the FX industry, you may incur swap fees, calculated using tom-next rates, for positions held overnight, potentially subject to currency conversion charges for trading in a currency different from the account’s base currency.

Non-Trading Fees

IG scores slightly lower for its non-trading fees.

There’s a $15 charge for wire withdrawals.

There is also an inactivity fee of $12 per month if there has been no trading activity for 24 months. This may frustrate casual investors, though with such a long period, this isn’t a major drawback.

4.8 / 5

IG scores 4.8/5 for itsexceptional array of trading platforms and tools designed to cater to traders of varying experience levels.

MetaTrader 4 (MT4) is available, along with the L2 Dealer DMA platform and the ProRealTime charting software, but, after testing the various options on offer over several years, I always favor IG’s flagship Web platform due to its easy of use and speed.

Although setting up the layout may require a few minutes as the default view is relatively sparse, multiple custom layouts (workspaces) can be saved.

The default charts within IG’s Web platform offer advanced features, such as the ability to add up to four alerts to any of its 11 supported indicators. Alongside five chart types, a tick chart is available, but there’s no Renko chart.

Zooming, resizing the view across time frames, and trading directly from the chart is fast and smooth. Additionally, the platform showcases risk/reward ratios and enables precise dragging of stops/limits.

IG Review 2024 | Pros, Cons & Key Findings (10)

While MT4 may have limitations in its product range, L2 Dealer is a direct market access (DMA) share trading platform. The software has useful monitoring tools, including watchlists and price alerts.

It also facilitates direct chart investing and comes with price-improvement technology. Note, the broker does not currently have OCO orders, but it offers limit orders.

Advanced tools for IG Markets Java and Python tech-savvy investors also include REST and web API.

ProRealTime is a powerful third-party platform exclusive to IG in the UK and offers powerful charting with nearly 100 indicators and automated strategy support, making it a good option for advanced day traders.

Priced at £30 per month, unless a minimum of four trades are conducted in each calendar period, the platform’s highly customizable layout could benefit from modern upgrades.

Despite this, its charts provide a detailed workspace, aided by automatic coloring of studies, enhancing the visibility of multiple indicators.

IG’s integration of ProRealTime charts continues to enhances desktop-based technical analysis capabilities, while the mobile app’s intuitive design allows trading on the go.

IG Review 2024 | Pros, Cons & Key Findings (11)

Christian Harris

Author

How To Trade On IG

It’s quick and easy to enter a trade on the IG platform:

  1. Select a market/asset to launch the deal ticket. This will display current buy and sell prices, along with the spread and minimum trade size
  2. Input your trade parameters, including currency and closing conditions. You can also view your margin levels.
  3. Head to ‘settings’ to enter force open plus price and fill requirements
  4. To set a position to open navigate to ‘order’
  5. To set a price alert head to the ‘alert’ tab

Research

4.9 / 5

IG scores 4.9/5 for its impressive market screening, technical analysis, and social/community research, which continue to elevate the trading experience for beginner, intermediate and advanced traders.

Its standard quote pages encompass various research segments, including company news, client sentiment, trading activity, news and analysis, share price data, broker ratings, fundamentals, financials, and events, among others.

In social analysis, IG offers unique and valuable data, revealing the percentage of customers buying or selling specific shares within the week. Clients can also view other positions held by clients and the percentage of bullish or bearish IG client accounts on the underlying stock.

The IG Community is a forum that enables live account holders to engage in discussions about trading and markets through blog posts and forums.

IGTV is a really interesting video channel that presents IG Live videos three times a day and features pre-open bulletins, live charting analysis, and forward-looking insights. The content covers CEO interviews, market insights, technical analysis, and educational content, and is available in an extensive on-demand video library.

IG Review 2024 | Pros, Cons & Key Findings (12)

Additionally, sections like Trade of the Week, the Week Ahead, and Morning Call are accessible via regular email alerts.

IG also manages the DailyFX website, serving as a hub for comprehensive news, research, and education. The platform offers in-house analyst insights on numerous market topics, encompassing intermediate technical and fundamental analyses. Real-time news coverage is provided in-house, focusing on major currency pairs.

Additionally, the website hosts live webinars aiming to enhance trading skills, spotlight pivotal events, and pinpoint influential news catalysts.

A dedicated Trading Strategies section furnishes short-term buy and sell signals, analyst selections, pivot points, and an array of technical data.

Education

5 / 5

IG scores 5/5 thanks to its best-in-class educational platform, the IG Academy, further solidifying its position in the trading arena.

IG Academy is accessible through the IG website or a standalone IG Academy mobile app. Currently offering 18 course categories, each category culminates in a quiz, enabling progress tracking and making for an enjoyable learning environment.

The online trading courses cater to all skill levels and typically take between 30 to 90 minutes to complete. Furthermore, live sessions are available every weekday, including weekly webinars covering diverse topics.

IG Review 2024 | Pros, Cons & Key Findings (13)

In addition to the IG Academy, an extensive library of articles delves into various subjects like tax-efficient investing, trading strategies, and macroeconomic data, benefiting traders across all proficiency levels.

IG’s educational resources are a real standout for me, surpassing those of other brokers. They will swiftly acquaint beginners with the basics of online trading while offering seasoned practitioners valuable insights through advanced strategy articles.

IG Review 2024 | Pros, Cons & Key Findings (14)

Christian Harris

Author

Customer Support

4.5 / 5

While not available 24/7, IG scores 4.5/5 for its responsive and mostly reliable support.

The customer service team is available 8am to 10pm (GMT), Monday to Friday. Help is available in multiple languages via:

  • Email address –newaccountenquiries.uk@ig.com
  • Telephone contact number –0800 195 3100
  • Twitter –@IGClientHelp

There is also excellent peer support accessible via the Community portal where you will find forums, blogs, tutorial videos, and webinars.

IG’s online trading community is among the most extensive I have seen, with help available on a whole host of issues, including if the website is down or if charts are not working/experience an outage. Information on how to close an account and key terms and conditions are explained too. There is also a clear complaints process to ensure users can get issues resolved properly.

Most important perhaps, is the provision of live chat support, though I find the automated chatbot frustrating to use and connecting to agent sometimes time-consuming.

IG Review 2024 | Pros, Cons & Key Findings (15)

Should You Trade With IG?

We tested IG with actual money and it impresses with its user-friendly web platform, diverse investment offering, and top-notch research resources.

On top of that, its regulatory compliance and educational content make it a secure and informative choice – particularly for those looking to trade US stocks using CFDs.

In summary, IG maintains its position as an industry leader in nearly every category we consider important for traders.

FAQ

Is IG Legit Or A Scam?

IG is a legitimate online trading platform regulated by reputable financial authorities such as the CFTC, FCA and ASIC, ensuring adherence to stringent industry standards and the protection of users’ funds and interests.

Can I Trust IG?

IG’s long-standing presence in the industry, combined with a large and diverse client base exceeding 300,000 traders, speaks to its reliability and trusted reputation.

While no platform is without occasional issues, IG’s commitment to security measures, transparent practices, and regulatory compliance instills confidence, make it a solid choice if you’re seeking a trustworthy and dependable platform.

Is IG A Regulated Broker?

IG is a heavily regulated broker under the supervision of various regulatory bodies across different regions. It operates under licenses from financial authorities such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and other regulatory bodies in different countries where it provides services.

Is IG Suitable For Beginners?

IG is suitable for beginners due to its extensive educational resources, but its web-based platform can initially be daunting. However, once you’ve spent a little time familiarizing yourself, you’ll appreciate the intuitive interface and the market data on offer.

Does IG Offer Low Fees?

Our tests show that IG generally offers competitive fees compared to most brokers, particularly regarding spreads. However, the fee structure varies based on the specific asset being traded, account type, and market conditions.

While it provides transparency in its fee schedules, you might might find certain fees, such as overnight financing charges or inactivity fees, relatively higher compared to other brokers.

Is IG A Good Broker For Day Trading?

IG is an excellent broker for day trading due to its clean platform design, diverse range of tradable assets, and competitive spreads. Its web platform offers advanced charting tools, real-time data, and quick execution speeds, which are essential for day trading.

Does IG Have A Mobile App?

IG offers a mobile app for both iOS and Android devices, providing on-the-go access to your trading accounts and the financial markets. The mobile app lets you execute trades, access real-time market data, monitor your portfolios, use charting tools, and stay updated with news and analysis. Its terrific user experience and range of features also helped it secure one of our awards.

Top 3 Alternatives to IG

Compare IG with the top 3 similar brokers that accept traders from your location.

  1. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.

    Go to Interactive Brokers

  2. FOREX.com – Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.

    Go to FOREX.com

  3. DNA Markets – DNA Markets is a forex and CFD broker established in 2020. The broker operates two entities in Australia and the offshore jurisdiction, St Vincent and the Grenadines. Traders can access 800+ markets, with a Standard account for beginners and a Raw account for experienced traders. The reliable MetaTrader 4 and MetaTrader 5 platforms are available, alongside Signal Start.

    Go to DNA Markets

IG Comparison Table

Compare IG With Similar Brokers
IGInteractive BrokersFOREX.comDNA Markets
Rating4.44.34.53.5
MarketsCFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread BettingStocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, CryptocurrenciesForex, Stocks, Futures, Futures OptionsCFDs, Forex, Indices, Commodities, Stocks, Crypto
Demo AccountYesYesYesYes
Minimum Deposit$0$0$100$100
Minimum Trade0.01 Lots$1000.01 Lots0.01 Lots
RegulatorsFCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA, CONSOBFCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMANFA, CFTCASIC
BonusActive Trader Program With A 15% Reduction In Costs
EducationYesYesYesNo
PlatformsWeb, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentralTrader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentralMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentralMT4, MT5
Leverage1:30 (Retail), 1:250 (Pro)1:501:501:500
Payment Methods66810
VisitVisitVisitVisitVisit
ReviewInteractive BrokersReviewFOREX.comReviewDNA MarketsReview

Compare Trading Instruments

Compare the markets and instruments offered by IG and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare IG Trading Instruments
IGInteractive BrokersFOREX.comDNA Markets
CFDYesYesNoYes
ForexYesYesYesYes
StocksYesYesYesYes
CommoditiesYesYesYesYes
OilYesNoYesYes
GoldYesYesYesYes
CopperYesNoNoYes
SilverYesNoYesYes
CornNoNoNoNo
CryptoYesYesNoYes
FuturesYesYesYesNo
OptionsYesYesYesNo
ETFsYesYesNoNo
BondsYesYesNoNo
WarrantsYesYesNoNo
SpreadbettingYesNoNoNo
Volatility IndexYesNoNoYes

IG vs Other Brokers

Compare IG with any other broker by selecting the other broker below.

The most popular IG comparisons:

  1. CMC Markets vs IG
  2. IG vs OANDA
  3. IC Markets vs IG
  4. Exness vs IG
  5. IG Group vs Interactive Brokers
  6. IG vs Alpari
  7. CommSec vs IG
  8. Saxo Bank vs IG Group
  9. IG vs FOREX.com
  10. FP Markets vs IG
  11. IG Group vs Binance

Customer Reviews

4 / 5

This average customer rating is based on 2 IG customer reviews submitted by our visitors.

If you have traded with IG we would really like to know about your experience - please submit your own review. Thank you.

4

I’ve used IG for many years and will continue to do so. The online platform took a little while to get used to but now that I’ve customized my workspace, I’ve got access to all the research and analysis functions I need in a user-friendly view. The $15 fee for bank transfer withdrawals is annoying but I can live with it.

✍ Robert | 🌐 United Kingdom | December 21, 2023

4

I’m a big fan of IG. The product portfolio is almost unrivalled and the web platform is top-tier with excellent charting tools and news from Reuters. I’d like to see a copy trading app for more opportunities though.

✍ George B | 🌐 South Africa | November 17, 2023

Submit Your Own Review of IG

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com

IG Review 2024 | Pros, Cons & Key Findings (2024)

FAQs

IG Review 2024 | Pros, Cons & Key Findings? ›

IG

IG
IG Group Holdings plc, trading as IG Group, is a United Kingdom-based online trading provider, offering access to spread betting and CFD trading, which allow traders to bet on the direction of equities, bonds and currencies without owning the underlying assets.
https://en.wikipedia.org › wiki › IG_Group
is a CFD and forex broker. It has a well-designed and user-friendly trading platform, many useful educational tools, and great funding and withdrawal options. On the other hand, IG's trading fees are high for stock CFDs. The product portfolio is limited, as in most countries IG offers only CFD and options trading.

Is IG a reputable company? ›

A trusted multi-asset broker, IG is publicly traded and regulated across the globe. Its fantastic all-around experience has us ranking IG as the best overall broker. '

Is my money safe with IG? ›

The first thing to know about IG is that it is fully authorised and regulated by the Financial Conduct Authority (FCA) in the UK. The second is what IG does with your money. This all means that whatever you invest and earn is kept completely separate to IG's own funds and assets.

Is IG Group a good company? ›

IG Group has an overall rating of 3.8 out of 5, based on over 718 reviews left anonymously by employees. 69% of employees would recommend working at IG Group to a friend and 57% have a positive outlook for the business. This rating has been stable over the past 12 months.

Is IG trading safe to use? ›

Is IG safe? IG is authorised and regulated by the Financial Conduct Authority and customer accounts and investments have full protection under the Financial Services Compensation Scheme (FSCS) up to £85,000 per person. This covers customers' money in the unlikely event IG collapsed.

Is IG any good? ›

IG is a legit brokerage. It is regulated by several financial authorities globally, including top-tier regulators like the FCA in the United Kingdom. IG Group, the parent company of IG, is listed on the London Stock Exchange.

Is IG regulated in the USA? ›

IG US LLC (IG US) is registered as a retail foreign exchange dealer (RFED) and introducing broker (IB) with the CFTC, and is a member of the National Futures Association (NFA ID 0509630). IG US can offer rolling spot FX and options on an execution-only basis. It may not offer accounts to residents of Arizona or Ohio.

Is it easy to withdraw money from IG? ›

How to withdraw. To withdraw your funds, please log in to your My IG dashboard, go to the 'live accounts' tab, and select 'withdraw funds'. Open the app, select 'account' at the bottom right and choose the account you wish to withdraw from, then tap 'withdraw'.

What type of broker is IG? ›

IG Group Holdings plc, trading as IG Group, is a United Kingdom-based online trading provider, offering access to spread betting and CFD trading, which allow traders to bet on the direction of equities, bonds and currencies without owning the underlying assets.

What is the minimum deposit for IG trading? ›

IG has no minimum deposit for bank transfers, but has a $300 minimum deposit for credit/debit cards and PayPal.

Who owns IG Group? ›

The ownership structure of IG Group Holdings (GB:IGG) stock is a mix of institutional, retail and individual investors. Approximately 17.79% of the company's stock is owned by Institutional Investors, 8.63% is owned by Insiders and 73.58% is owned by Public Companies and Individual Investors.

How many employees does IG have? ›

As of May 2024, IG Group has approximately 2.8K employees across 6 continents, including EuropeAsiaNorth America.

What does the company IG do? ›

We provide trading and investment opportunities to people worldwide, and have operations in 19 countries across Europe, Africa, Asia-Pacific, the Middle East and North America.

Is IG.com legit? ›

IG is considered Highly Trusted, with an overall Trust Score of 99 out of 99. IG is publicly traded, does operate a regulated bank, and is authorised by eight Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (low trust), and one Tier-4 regulator (High Risk).

How much does it cost to open an IG trading account? ›

It's free and quick to open an account with us - and there's no obligation to fund or trade. There's no minimum balance to open an account with IG. Once you've funded your account and started trading, our main charge on each trade is the spread or a small commission for shares trades.

Is IG good for beginners? ›

Unfortunately, IG is not considered good for beginners. If you'd like to see alternatives, check out our picks for the Best brokers for beginners. As a Broker Analyst at BrokerChooser, I'm dedicated to providing data-driven insights that simplify the world of investments.

Is it safe to buy from IG? ›

Instagram stores are typically safe. However, it's essential to do your research and vet each store you visit. Regardless of the protections Instagram offers, you can become vulnerable to purchasing from fraudulent sellers or unknowingly buying counterfeit products.

Is IG app safe? ›

Like all social media platforms, Instagram isn't exactly safe. You or your kids may encounter scams, hackers, data mining, or harassment. However, you can greatly improve safety on Instagram by making use of its security and privacy settings.

What type of company is IG? ›

IG Group Holdings plc, trading as IG Group, is a United Kingdom-based online trading provider, offering access to spread betting and CFD trading, which allow traders to bet on the direction of equities, bonds and currencies without owning the underlying assets.

Do you actually own shares with IG? ›

Your shares are held in segregated client accounts under nominee arrangements with approved custodians. This means that they're easily identifiable as client assets and, as with cash, IG and its creditors don't have any charge, liens, or rights of set-off or retention over them.

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