Menu
Best For Not recommended for InvestinGoal Rating
  • UK traders who want a well-regulated broker with strong protections
  • Active multi-asset CFD traders needing very broad market access
  • Traders who want strong mobile trading and flexible platform choice
  • Forex and index traders looking for competitive headline pricing
  • Experienced users who may need advanced tools or algorithmic access
  • Traders who want copy trading or social trading features
  • Beginners who need the simplest possible platform experience
  • Cost-sensitive traders focused on the lowest all-in fees across every market
  • UK retail traders specifically looking to trade crypto CFDs
  • Traders who need an Islamic account in the UK
Rated: High
89

LogoIG is a strong fit for traders who want broad market access, reliable regulation and a platform lineup that can support both active and more advanced trading styles. Its main strengths are regulation by the FCA, BaFin and ASIC, very wide product coverage, solid mobile trading and strong overall platform depth. It is less suitable for traders who want copy trading, consistently low costs across all instruments, or a simpler beginner-first experience.

How we review

Led by Filippo Ucchino, broker expert and CEO at InvestinGoal, we test brokers directly and assess them through a methodical review system. That includes live checks of the platform experience, account setup, tools, pricing structure, and key trading features, supported by research into official broker materials and regulatory records. We then evaluate each broker across the categories that matter most to traders, from safety and costs to platforms, markets, mobile trading, education, and support. Learn more about InvestinGoal methodology.

Why trust InvestinGoal

Trust comes from transparency and consistency. Our reviews are written by specialists, fact-checked before publication, and updated when important broker details change. We show both positives and negatives, explain who a broker is best suited for, and avoid reducing the review to generic marketing language. That gives readers a clearer basis for comparing brokers and making decisions with confidence. Learn more about why you can trust InvestinGoal.

In this IG review, we break down pros and cons, regulation and security, fees, platforms, markets, account features, and trading conditions, so you can decide faster and with more confidence. IG is also part of our selection of the best trading platforms. The tabs below let you jump directly to the factor most important to your decision.

Regulation

IG is regulated through a different IG company for each area: IG Markets Ltd is authorised by the FCA in the UK and IG Europe GmbH by BaFin in Germany, IG Australia Pty Ltd is licensed by ASIC and IG International Limited by the BMA in Bermuda, and IG Securities Ltd is registered with the JFSA in Japan. Client money is segregated at every IG company that holds client accounts, and retail clients get negative balance protection at the UK, EU, Australian and Bermuda companies. The main boundary is that investor compensation depends on the company that holds your account, from FSCS cover up to £85,000 at the UK company and up to €20,000 at the EU company to no scheme at the Australian, Japanese and Bermuda companies.

Jump to IG Regulation section ↓

Safety

IG is considered safe by mainstream retail-broker standards: client money is held in segregated accounts at every IG company that holds client accounts, and retail clients have negative balance protection at the UK, EU, Australian and Bermuda companies. Platform security includes SSL encryption, optional 2FA and biometric mobile login. The main limitation is that investor compensation depends on the company, from FSCS cover up to £85,000 at the UK company to no scheme at the Australian, Japanese and Bermuda companies, and there is no extra client-asset or excess-loss insurance beyond the compensation schemes.

Jump to IG Safety section ↓

Available Markets

IG offers 17,000+ markets, making it one of the broadest broker ranges in this segment. The line-up includes 70+ forex pairs, 80+ indices, 13,000+ share CFDs, plus commodities, bonds, ETFs and options; spread betting is offered in the UK and Ireland, real shares in the UK and at the EU and Australian companies, and spot crypto in the UK. The trade-off is that much of the range is still leveraged CFD exposure, and crypto CFDs are not offered to retail clients of the UK company.

Jump to IG Available Markets section ↓

Cost

IG’s spreads are average on forex, and excellent to good on indices and gold, and IG is not uniformly cheap across the whole product range. Average spreads are about 0.85 pips on EUR/USD (1.13 at the Australian company), 0.4 points on the US 500 and $0.30 on spot gold, while deposits are free. The trade-off is that total costs rise once you add overnight funding, currency conversion and especially share CFD commissions, and spreads are variable in volatile markets.

Jump to IG Cost section ↓

Trading Quality

IG is very good for trading overall, especially for multi-asset CFD trading, forex, mobile use and algorithmic strategies. Its main strengths are the 17,000+ market range, broad platform support, demo access and solid execution controls, with separate routes for real shares and spot crypto. The main weakness is that IG does not offer copy trading, and the feature-heavy platform can feel demanding for beginners.

Jump to IG Trading Quality section ↓

Trading Conditions

IG offers solid trading conditions for active traders, with retail leverage on major forex pairs from 25:1 to 200:1, depending on the IG company, forex trade sizes from 0.01 lots, and support for hedging, scalping and algorithmic trading. Standard CFD flow is handled on a market-maker basis with IG as principal, although DMA is available for certain products and clients; order tools include guaranteed stops, trailing stops and if-done instructions, and average execution time is about 14 ms. The main trade-off is that spreads are variable and can widen in volatile markets.

Jump to IG Trading Conditions section ↓

Account Types

IG offers a well-segmented account lineup, centred on Spread Betting, CFD Trading, Share Dealing and Professional accounts. That gives traders distinct routes for spread betting (in the UK and Ireland), leveraged speculation, direct share ownership and higher-leverage professional trading, with a demo account also available. The key caveat is that professional status removes some retail protections, and IG does not offer an Islamic account.

Jump to IG Account Types section ↓

Account Opening

Opening an account with IG is fully online and generally straightforward. You complete the application, answer appropriateness questions, upload ID and proof of address, pass KYC checks, then fund and activate the account; setup typically takes from a few hours to one or two business days. The main friction points are verification and source-of-funds checks, while IG has no minimum deposit.

Jump to IG Account Opening section ↓

Trading Platforms

IG offers a strong platform lineup, combining its own web platform and mobile app with MT4, ProRealTime, L2 Dealer and API/FIX access. This suits discretionary, chart-led and algorithmic traders, and the ecosystem is strengthened by TradingView integration, Autochartist and a VPS option for eligible MT4 users. The main limitations are that MT5 is offered only by the UK and Bermuda companies, L2 Dealer is a niche tool, and ProRealTime can carry a fee if trading activity is low.

Jump to IG Trading Platforms section ↓

Mobile Trading

IG is excellent for mobile trading, led by its proprietary IG Trading app and MetaTrader mobile access on iOS and Android. Mobile users can trade 17,000+ markets, manage funding, set alerts, and use around 30 indicators alongside news, calendars and sentiment tools. The compromise is that desktop remains better for deeper chart customisation, multi-screen workflows and more advanced research or automation features.

Jump to IG Mobile Trading section ↓

Learning Material

IG is great for learning trading, with a broad education package rather than a best-in-class one. IG Academy provides free courses, quizzes, platform tutorials, a glossary, webinars, podcasts, market analysis and a free demo account, which gives beginners plenty of structured support. It falls short of the strongest education brokers because there is no cent or nano account for lower-risk live practice.

Jump to IG Learning Material section ↓

Customer Care

IG has strong customer care, with 24/7 support via phone, email, live chat and WhatsApp (9 hours a day at IG Securities Ltd), plus multilingual and localised service. The support setup is broad and accessible, and premium clients can receive a dedicated account manager and priority treatment without extra support fees. The trade-off is that most added perks sit at higher account tiers, and support can still be slow at times.

Jump to IG Customer Care section ↓

 

My take after testing IG: IG has never been a lightweight operation, and that’s precisely the point. Over the years, they’ve built something that feels less like a CFD app and more like a full trading ecosystem. Wide market coverage, FCA regulation in the UK, and a platform lineup that has consistently grown with its users: the main platform, mobile app, MT4, ProRealTime, L2 Dealer, and API access all in the mix. The education hub is extensive too, which has always been part of how IG positions itself. The one thing that hasn’t changed is that all of this can feel like a lot if you’re just starting out. IG has never really been designed for complete beginners, and that’s not a criticism, it’s a feature for the right kind of trader. If you’re someone who wants depth, solid regulation, and a setup you can genuinely grow into over time, IG is one of the few brokers that can actually keep pace with you.

Filippo Ucchino profile photo

Filippo Ucchino

Co-Founder and CEO of InvestinGoal - Introducing Broker

What type of broker is IG?

IG operates primarily as a market maker acting as principal, while also offering No Dealing Desk (NDD) execution via Direct Market Access (DMA) for certain clients, which is a hybrid model. The broker runs its own dealing desk, takes the other side of most retail trades, and hedges net exposure in underlying markets. Clients requiring DMA can access interbank liquidity with full market transparency and tighter spreads, bypassing the dealing desk.

IG is a multi-asset CFD and spread betting broker covering 17,000+ instruments across forex, indices, commodities, shares, bonds, and cryptocurrencies. CFDs are the core product; spread betting is offered in the UK and, by IG Europe GmbH, to residents of Ireland. Clients in the UK and clients of IG Europe GmbH and IG Australia Pty Ltd can also trade real shares.

IG serves retail, professional, and institutional clients. The retail base is predominantly male, aged 25 to 55, with mid-to-high income. Maximum retail leverage on major forex pairs ranges from 25:1 to 200:1, depending on the IG company that holds your account. At its companies regulated in the UK and the EU, professional accounts require two of the three requirements: a portfolio of financial instruments above a set threshold (£500,000 at IG Markets Ltd), relevant experience in the financial sector, and/or sufficient trading activity. Professional clients can access up to 222:1 at IG Markets Ltd and IG Europe GmbH, up to 250:1 at IG Australia Pty Ltd, and up to 100:1 at IG Securities Ltd. Institutional clients include hedge funds and broker-dealers across Europe, Australia, and Asia-Pacific.

General View of the IG Markets Homepage

Yes, IG is a legitimate broker. Its companies are authorised by the FCA (UK) and BaFin (Germany), licensed by ASIC (Australia) and the BMA (Bermuda), and registered with the JFSA (Japan). IG is part of IG Group Holdings plc (London) and has operated since 1974. IG Group is listed on the London Stock Exchange (IGG) and publishes audited annual reports. IG has 320,000+ clients worldwide. Its companies regulated in the UK, the EU and Australia apply the product rules of their regulators, including leverage caps; client money is held in segregated accounts at every IG company that holds client accounts, and retail clients of IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited have negative balance protection, while IG Securities Ltd doesn’t offer it. IG received Best Multi-Platform Provider, Best Platform for the Active Trader, and Best Finance App at the ADVFN International Financial Awards 2024.

The advantages of IG are listed below.

  • Client Safeguards: Client funds are held in segregated accounts at every IG company that holds client accounts, and retail clients of IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited have negative balance protection.
  • Market Coverage: Access 17,000+ markets, including forex, indices, shares, commodities, through CFDs and, in the UK and Ireland, spread bets. Dedicated weekend markets on major FX pairs and key indices extend trading beyond standard hours.
  • Trading Platforms: Proprietary web platform and mobile apps, MetaTrader 4 for algorithmic trading, and ProRealTime integration for advanced charting and automated strategies.
  • Direct Market Access (DMA): L2 Dealer provides exchange order book access for share CFDs and, through Forex Direct, for forex at IG Australia Pty Ltd and IG International Limited (for professional clients only at IG Markets Ltd), with full market depth and advanced order control.
  • Pricing and Execution: Minimum spreads from 0.6 pips EUR/USD, 0.4 points US 500, 1 point FTSE 100. About 99% of orders are executed successfully.
  • Risk Management: Guaranteed stop-loss orders (premium only if triggered) cap downside at set levels. Standard stops, limits, and platform controls are also available.
  • Extended-Hours Access: Weekend trading on GBP/USD, EUR/USD, USD/JPY, FTSE 100, Wall Street, spot gold. Pre-market and post-market dealing on selected markets.
  • Education and Research: IG Academy offers free courses, webinars, podcasts and seminars. DailyFX provides in-house market news and analysis.
  • Automation and APIs: REST API for programmatic market data and order execution. ProRealTime and MT4 support scripts, strategies, and expert advisors.
  • Public Listing and Transparency: Listed on London Stock Exchange (IGG), FTSE 250 constituent, with regular financial reporting and corporate disclosures.
  • Customer Support: 24/7 multi-channel support via live chat, WhatsApp, email, and phone (9 hours a day at IG Securities Ltd). Account-opening lines available during business hours.
  • Free Demo Account: Virtual funds for strategy testing and platform practice on web and mobile, no capital risk.

The disadvantages of IG are listed below.

  • Costs and Fees: Share CFD commissions can be high.
  • Usability: The main trading platform is comprehensive but can feel complex or overwhelming for beginners.
  • Platform Limitations: MetaTrader 5 is offered only by IG Markets Ltd and IG International Limited.
  • Support and Account Management: Customer support can be slow at times. IG International Limited charges an inactivity fee after 24 months without activity.

Is IG regulated?

Yes, IG is regulated. Its companies that hold client accounts are authorised by the FCA in the UK and BaFin in Germany, licensed by ASIC in Australia and the BMA in Bermuda, and registered with the JFSA in Japan. At every IG company that holds client accounts, client money is held in segregated accounts; retail clients of IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited have negative balance protection, while IG Securities Ltd doesn’t offer it. Investor compensation depends on the company: the FSCS covers clients of IG Markets Ltd up to £85,000, an investor compensation scheme covers 90% of the eligible claims of clients of IG Europe GmbH up to €20,000, and IG Australia Pty Ltd, IG Securities Ltd and IG International Limited have no compensation scheme. The companies regulated in the UK, the EU and Australia apply the leverage caps set by their regulators, such as 30:1 on major forex pairs for retail clients, and a 50% margin close-out.

The IG companies are listed below.

  • IG Markets Ltd: FCA (United Kingdom)
  • IG Index Ltd: FCA (United Kingdom)
  • IG Trading and Investments Ltd: FCA (United Kingdom)
  • Freetrade Limited: FCA (United Kingdom)
  • IG Europe GmbH: BaFin (Germany)
  • IG Bank SA: FINMA (Switzerland)
  • IG Australia Pty Ltd: ASIC (Australia)
  • IG Digital Assets Australia Pty Ltd: AUSTRAC (Australia), registered as a digital currency exchange
  • IG Asia Pte Ltd: MAS (Singapore)
  • IG Securities Ltd (IG Shoken Kabushiki Gaisha): JFSA (Japan), registered as a financial instruments business operator
  • IG Markets South Africa Limited: FSCA (South Africa)
  • IG Limited: DFSA (United Arab Emirates)
  • IG International Limited: BMA (Bermuda)
  • tastyfx, LLC (formerly IG US LLC): CFTC and NFA (United States), registered as a retail foreign exchange dealer
  • tastytrade, Inc. (formerly tastyworks, Inc.): SEC and FINRA (United States), registered as a broker-dealer
Broker
Tier 1 regulations held ASIC, CFTC, ESMA (BaFin), FCA, JFSA, MAS, NFA FCA, ESMA (CySEC) ASIC, FCA, ESMA (BaFin, CySEC)
Tier 2 regulations held DFSA, FMA FSCA CMA, DFSA
Tier 3 regulations held BMA SCB SCB

Yes, IG is legal in the countries it accepts, through the IG company that serves each area. Residents of the UK open their CFD account with IG Markets Ltd (FRN 195355), their spread betting account with IG Index Ltd (FRN 114059) and their share dealing account with IG Trading and Investments Ltd (FRN 944492), all authorised by the FCA. Residents of the EEA, excluding the UK and Switzerland, open their account with IG Europe GmbH, authorised by BaFin (148759); residents of Switzerland with IG Bank SA, authorised by FINMA; residents of Australia and New Zealand with IG Australia Pty Ltd, licensed by ASIC (AFSL 515106); residents of Singapore with IG Asia Pte Ltd, licensed by the MAS; residents of Japan with IG Securities Ltd, registered with the JFSA (Kanto Local Finance Bureau (Kinsho) No. 255); residents of South Africa with IG Markets South Africa Limited, authorised by the FSCA (FSP 41393); and residents of the United Arab Emirates with IG Limited, authorised by the DFSA (F001780). Clients from the other accepted countries are served by IG International Limited, licensed by the BMA (Bermuda). In the US, forex is offered by tastyfx, LLC (formerly IG US LLC), registered with the CFTC and a member of the NFA (NFA ID 0509630). IG doesn’t accept residents of Nigeria, Pakistan, Russia and Ukraine. CFDs are offered under the leverage limits of each regulator; spread betting is offered in the UK and, by IG Europe GmbH, to residents of Ireland; crypto CFDs are not offered to retail clients of IG Markets Ltd, and IG Securities Ltd doesn’t offer crypto. Each licence can be verified on the register of its regulator, using the company name or the licence number above.

Yes, IG accepts US traders through tastyfx, LLC (formerly IG US LLC), registered with the CFTC as a retail foreign exchange dealer and a member of the NFA. US clients can trade forex; leverage is capped at 50:1 on major forex pairs, as US rules require. Learn more about the best Forex brokers in US.

Is IG safe?

Yes, IG is considered safe: at every IG company that holds client accounts, client money is held in segregated accounts under trustee arrangements, separate from IG’s own resources, which prevents set-off by IG or creditors in insolvency; IG Markets Ltd holds it at UK banks including Barclays and Lloyds. Investor compensation depends on the company: the FSCS covers eligible cash of clients of IG Markets Ltd up to £85,000 per person, per institution if the firm or bank fails, and an investor compensation scheme covers 90% of the eligible claims of clients of IG Europe GmbH up to €20,000, while IG Australia Pty Ltd, IG Securities Ltd and IG International Limited have no compensation scheme. Retail clients of IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited have negative balance protection (they cannot lose more than deposited funds) on a per-account basis, while IG Securities Ltd doesn’t offer it. At its companies regulated in the UK, the EU and Australia, IG automatically closes positions at 50% margin (the close-out rule of their regulators). IG has no additional excess-loss or client-asset insurance beyond the compensation schemes. Security includes 256-bit SSL encryption for platforms and apps, optional 2FA via authenticator apps, and biometric login (Face ID/Touch ID) on mobile.

Broker
Segregated client funds Yes Yes Yes
Negative balance Yes Yes Yes
Investor compensation scheme Yes Yes Yes
Founded in 1974 2006 2010
Publicly traded Yes No No

The risks with IG are listed below.

  • Leverage risk: Retail leverage on major forex pairs reaches 200:1 at IG International Limited (Bermuda). Higher leverage magnifies both gains and losses; at the companies regulated in the UK, the EU and Australia retail leverage is capped at 30:1 on major forex pairs and 20:1 on minor pairs. IG Securities Ltd doesn’t offer negative balance protection, so losses can exceed the deposit.
  • CFD complexity: CFDs are complex derivatives requiring understanding of underlying prices, overnight financing, and position valuation. Rapid losses can occur during volatility, and 70–80% of retail investor accounts lose money when trading CFDs with IG, depending on the IG company.
  • Margin close-out: At its companies regulated in the UK, the EU and Australia, IG automatically closes positions when equity falls below 50% of required margin, potentially at unfavorable prices during volatile conditions, often without opportunity to add funds.
  • Overnight financing: Positions held overnight incur charges calculated on full position value. Costs accumulate over time and can erode profits or increase losses, especially when interest rates are elevated.
  • Slippage and gapping: IG cannot guarantee execution at requested prices during high volatility or low liquidity. Market gaps (weekends, major news) can fill orders at significantly worse prices, increasing losses.
  • Weekend and out-of-hours risk: Markets can move substantially when exchanges are closed, preventing position management. Price gaps at reopening can bypass stop-loss orders, executing at worse levels than set.

What markets can you trade on IG?

The markets you can trade on IG are listed below.

  • Currency pairs (CFDs): 70+ major, minor, and exotic FX pairs. Minimum trade: 0.5 contracts (10,000 base currency units). Learn more about what is the Forex market.
  • Indices (CFDs): 80+ global stock index CFDs including major benchmarks. Minimum trade: 1 contract (varies by index).
  • Stocks (CFDs): 13,000+ global equity CFDs across international markets. Minimum trade: 1 share per CFD contract.
  • Commodities (CFDs): Metals (gold, silver), energies (crude oil, natural gas), and agricultural products. Minimum trade: 1 contract (units defined by commodity).
  • Cryptocurrencies (CFDs): Major crypto CFDs including Bitcoin, Ethereum, Litecoin. Crypto CFDs are not offered to retail clients of IG Markets Ltd (UK) and IG Securities Ltd doesn’t offer crypto; IG Europe GmbH and IG Australia Pty Ltd offer crypto CFDs with leverage up to 2:1, and IG International Limited up to 10:1. Minimum trade: 0.1 contracts (varies by coin value).
  • Bonds (CFDs): Government bond CFDs including U.S. Treasury Notes, German Bunds, UK Gilts. Minimum trade: 1 contract per bond CFD.
  • ETFs (CFDs): Exchange-traded fund CFDs tracking indices, sectors, or commodities. Minimum trade: equivalent of 1 ETF share.
  • Options (derivatives): Options contracts on selected indices, currency pairs, and commodities. Minimum trade: 1 contract (varies by underlying market).
Broker
Forex Yes (CFDs, Options) Yes (CFDs) Yes (CFDs)
Indices Yes (CFDs, Options) Yes (CFDs) Yes (CFDs)
Commodities Yes (CFDs, Options) Yes (CFDs) Yes (CFDs)
Shares Yes (Real, CFDs, Options) Yes (CFDs) Yes (CFDs)
ETFs Yes (Real, CFDs) Yes (CFDs) Yes (CFDs)
Cryptocurrencies Yes (CFDs) Yes (CFDs) Yes (CFDs)

 

General View of the Available Markets on IG Markets

The trading products not offered by IG are listed below.

  • CFD cryptocurrencies (retail clients of IG Markets Ltd)
  • Cryptocurrencies (IG Securities Ltd)

Yes, IG lets you buy real crypto in the UK. In 2025, IG launched spot crypto trading via a partnership with Uphold, enabling clients to buy, sell, and hold actual crypto assets, such as BTC and ETH, with underlying ownership.

Yes, you can trade real shares on IG in the UK and at IG Europe GmbH and IG Australia Pty Ltd, through their share dealing service (or IG Invest), which is separate from their CFD and spread betting offerings. Real shares are bought without leverage, and BUY positions grant beneficial ownership of the underlying shares. Real-share dealing covers major UK, US, European and Australian exchanges, with access to over 11,000 shares globally (12,000 in the UK). Shares are held in an omnibus/nominee account structure, with IG acting as custodian (delegation to third-party custodians permitted under the customer agreement). CFD and spread betting positions do not confer share ownership.

Yes, IG offers fractional shares at its companies regulated in the UK. At IG Europe GmbH and IG Australia Pty Ltd, IG’s retail share-dealing and “IG Invest” services require clients to purchase whole shares.

How cheap are spreads with IG?

IG spreads are average on forex, and excellent to good on indices and gold. On EUR/USD, the IG spread is average at about 0.85 pips at IG Markets Ltd and IG Europe GmbH, about 0.86 pips at IG International Limited, 0.70 pips at IG Securities Ltd and 1.13 pips at IG Australia Pty Ltd. On SPX500 (US 500), the IG spread is excellent at about 0.40 points (0.36 points at IG Australia Pty Ltd). On XAU/USD (spot gold), the IG spread is good at about $0.30.

IG quoted spreads exclude commissions and overnight financing, so total trading costs may be higher. IG spreads are variable and can widen during low liquidity or major news events. IG pricing may also differ by account type or product (CFD, spread-betting, or MT4), resulting in varying minimum spreads. Learn more about low spread Forex brokers.

The fees with IG are listed below.

  • Spreads: EUR/USD from 0.6 pips; US 500 index CFDs from 0.4 points; spot gold from $0.30.
  • Overnight funding: Long positions: interbank rate plus 2.5%; short positions: interbank rate minus 2.5% (plus and minus 3% on shares and indices at IG Markets Ltd and IG Securities Ltd).
  • Currency conversion: Between 0.7% and 0.8% on trade profits, losses, and costs converted to the account currency.
  • Inactivity: charged by IG International Limited after 24 months without activity.
  • Withdrawals: $0 to bank accounts, except at IG Securities Ltd, which charges a withdrawal fee.

IG doesn’t charge deposit fees, and the other IG companies don’t charge an inactivity fee.

Broker
Overnight fees Yes Yes Yes
Inactivity fee No Yes No
Deposit fees No No No
Withdrawal fees No No No
Currency conversion fee Yes Yes Yes

Yes, IG charges raw spread commissions for every lot traded on Forex Direct, its forex DMA account at IG Australia Pty Ltd and IG International Limited, with an average EUR/USD spread of about 0.17 pips; at IG Markets Ltd, forex DMA is offered only to professional clients. Forex Direct has a tiered commission based on monthly trading volume. The commission is good at $6 per standard lot round turn for traders who trade less than $100 million a month, and falls to a minimum of $1 per standard lot for high volume traders.

Broker
Avg. EUR/USD spread (markup) 0.85 pips 1.43 pips 1.10 pips
Avg. EUR/USD spread (raw) N/A 0.43 pips 0.10 pips
Commission/lot N/A $7.00 Round Turn $7.00 Round Turn
All-in FX cost $8.50 $11.30 $8.00

IG’s typical overnight swaps for EUR/USD are good, being around 1.0 to 1.2% p.a. on long positions and slightly lower on short positions, with swaps calculated from tom-next plus a small administrative adjustment.

Triple swaps are charged on Wednesdays to account for the weekend rollover. Swap fees can vary by account type, with professional and premium clients often receiving narrower financing adjustments than standard retail accounts.

IG charges commission on share CFDs by exchange (as a % of trade value or per-share fee):

  • US shares: $0.02/share (min $15/trade; $0.022/share and min $16.5/trade at IG Securities Ltd)
  • London Stock Exchange: 0.10% of trade value (min £10/trade); 0.35% on shares outside the FTSE 350 at IG Markets Ltd and IG International Limited; 0.11% at IG Securities Ltd
  • European exchanges: 0.10% (0.11% at IG Securities Ltd; 0.475% on Greek shares)

Premium/Professional accounts offer reduced rates and/or minimums based on trading volume or status. When share currency differs from account base currency, IG applies an FX conversion fee (typically 0.70% FX for investing, and 0.8% FX for trading) at execution.

At IG Europe GmbH, IG Australia Pty Ltd and IG International Limited, IG’s crypto CFD commissions are built into the spread. Overnight funding also applies. For spot/real crypto, offered in the UK, IG applies a flat 1.49% spread. Overnight funding applies after 10pm; long funding is 0.0625%/day for major pairs (approximately 22.5% per annum) and 0.0764%/day for others (approximately 27.5% per annum); short funding credits are 0.0139%/day for BTC (approximately 5% per annum) and 0.0347%/day for others (approximately 12.5% per annum).

Is IG good for trading?

IG is good for trading forex, CFD stocks, real stocks, real crypto, demo trading, algo trading, and mobile trading. IG does not offer copy trading.

IG supports forex trading with 70+ currency pairs and spreads of about 0.85 pips on EUR/USD, alongside thousands of share CFDs across 14 exchanges and commission-free real stock trading in many markets (US, EU, AU). In the UK, the platform offers spot trading of 55+ real coins. Algorithmic traders benefit from MT4, ProRealTime, and a full REST API with streaming capabilities. A full-featured demo account, non-expiring at IG Europe GmbH and IG International Limited, allows practice with 17,000+ instruments and live pricing. Mobile apps provide complete trading functionality across all asset classes. However, IG does not offer any social or copy-trading services, lacking follower portfolios, leaderboards, or third-party copy network integration.

IG is excellent for investing because it offers real underlying stocks and ETFs held in segregated custody, commission-free trading on global shares and ETFs in major markets when using instant FX conversion, no custody or platform fees, access to multiple asset classes including shares, ETFs, funds and investment trusts, fractional shares in the UK, and recurring contributions for managed portfolios.

IG provides share dealing and Invest accounts in the UK, Ireland and Australia, where clients buy and own securities held in segregated nominee custody with approved custodians. Trading fees are zero commission on global shares and ETFs when instant FX conversion (the default option) is enabled in the UK, Ireland, and Australia. The broker charges no custody, platform, account, or ongoing management fees, only Smart Portfolios, offered in the UK, apply an annual management fee of 0.50% with a maximum limit of £250. FX conversion costs apply at 0.70% above the interbank rate in the UK and Australia, and 0.15% in Ireland. The investment universe includes shares and ETFs across major markets such as the FTSE, S&P 500, NASDAQ 100, DAX, ASX, and ISEQ, plus funds and investment trusts on UK and Irish platforms, with bond exposure available via bond ETFs. Recurring investing is supported through bank standing orders for managed Smart Portfolios (from £50/month in the UK), but individual shares and ETFs lack an in-app recurring buy feature. Minimum investment requirements vary, starting from £1 with no platform minimum, but whole-share purchases and exchange order-consideration minimums result in typical entry points around £90, $90, or A$90.

IG is excellent for demo trading because it offers a demo trial that doesn’t expire at IG Europe GmbH and IG International Limited, real-time market data for major markets (simulated data at IG International Limited) including live FX feeds and 24/7 crypto prices, and full platform parity with the live trading environment.

IG provides demo traders with access to over 17,000 instruments across forex, cryptocurrencies, shares, and other asset classes, closely replicating the functionality of its live platform. The demo account uses real-time pricing for core instruments such as foreign exchange, although some stock prices are delayed by approximately 15 minutes unless a paid live data feed is activated. At IG Markets Ltd and IG Australia Pty Ltd, users can customize their virtual balance with a top-up feature. The main limitations are that certain specialist platforms and share DMA are not available in demo mode, and that slippage, interest adjustments and dividends are not simulated as they occur in live trading.

eToro, XTB, IC Markets and XM are some good alternatives to IG as demo Forex brokers. Learn more about the best Forex demo accounts.

IG is an excellent choice for algo trading because it supports multiple algorithmic trading platforms including MT4 with their respective scripting languages MQL4 and MQL5, provides comprehensive API access with both REST and streaming capabilities, and offers VPS services through partners with subsidies.

IG supports algorithmic traders through a diverse range of platforms and infrastructure. The broker provides MT4 for traders using Expert Advisors, alongside ProRealTime and TradingView for additional algorithmic trading options, plus custom bot development through its APIs. Its technical infrastructure includes REST and streaming APIs for automated trading systems; it also offers partnered VPS services with available subsidies to reduce latency. The broker permits scalping and shorting, and does not allow arbitrage strategies. It permits hedging outside the US in accordance with regulations. High-frequency trading is supported but may experience throttling under extreme load conditions, and strategies exploiting price mispricing or price scraping are not permitted. cTrader and cAlgo are not available on the platform.

Pepperstone, FP Markets, IC Markets and Roboforex are some good alternatives to IG as automated trading Forex brokers. Explore the best brokers for algo trading.

IG is excellent for Forex trading because it combines spreads averaging about 0.85 pips on EUR/USD, comprehensive regulation by multiple Tier-1 authorities including the FCA, BaFin and ASIC, full trading freedom with scalping and hedging allowed, extensive platform options including MetaTrader 4, and a proprietary web/mobile platform, and complete analysis tools including client sentiment data, drawing tools, built-in indicators, and an economic calendar.

IG offers over 70 currency pairs with spreads that often fall below 1 pip on major pairs such as USD/JPY at approximately 0.97 pips. The broker supports micro lots with a minimum trade size of 0.01 lots, allowing flexibility for smaller accounts, though it does not offer nano lots or cent accounts for very small-scale traders. Trading freedom is unrestricted, with scalping and hedging both permitted, and expert advisors function on MetaTrader 4 alongside automation options through ProRealTime and IG APIs. The platform selection includes both third-party options (MT4, ProRealTime, TradingView) and IG’s proprietary trading interface available on web and mobile devices. Analysis capabilities are comprehensive, featuring client sentiment tools, a full suite of drawing tools on desktop platforms, numerous built-in and custom indicators via MetaTrader, and a filterable economic calendar for fundamental analysis.

Good Forex trading alternatives to IG are Pepperstone, XM, AvaTrade and FP Markets, as listed in the best Forex brokers listicle.

IG is an excellent choice for CFD stock trading because it operates under multiple Tier-1 regulators including the FCA, BaFin and ASIC, covers 14 stock exchanges globally including US-listed stocks on NYSE and NASDAQ, provides trading analysis tools such as news feeds and trader sentiment indicators, plus a stock screener at IG Markets Ltd and IG Australia Pty Ltd and an earnings calendar at IG Markets Ltd and IG Securities Ltd, and permits all major trading strategies including scalping, hedging, algorithmic trading through APIs and ProRealTime, and short selling.

IG charges explicit commissions on CFD stock trades with costs applied on both opening and closing positions (for example, $0.02 per share with a $15 minimum for US stocks, and 0.10% with minimums for UK and EU stocks), which represent medium-level fees in the industry. The broker provides access to stock CFDs across 14 exchanges with real-time market data available as an optional subscription, though default quotes are delayed. IG offers both proprietary trading platforms through its web interface and mobile app, as well as third-party platform integration with ProRealTime for advanced charting and automated strategies. However, IG does not support fractional share CFDs, requiring a minimum trade size of 1 share, which may limit flexibility for traders with smaller account sizes or those seeking precise position sizing.

Pepperstone, eToro, AvaTrade, and Trading 212 are some good alternatives to IG as best stock CFD brokers.

IG is a great broker for real stock trading because it offers effectively zero-commission trading in most markets (US, Europe, Australia), provides access to real US stocks across 14 exchanges, maintains multiple top-tier regulatory licenses (FCA, BaFin, ASIC), and includes analysis tools such as trader sentiment indicators, plus a stock screener at IG Markets Ltd and IG Australia Pty Ltd and an earnings calendar at IG Markets Ltd. IG is great and not excellent for buying real stocks because it supports fractional shares only in the UK (elsewhere only whole shares can be purchased), provides only delayed market data by default with real-time quotes requiring a separate subscription, lacks third-party platform integration for share-dealing (no MetaTrader or cTrader support for physical shares), and restricts trading freedom by not offering hedging with opposite physical positions, algorithmic trading for shares, or the ability to short physical stocks directly.

IG operates its share-dealing service primarily through proprietary web and mobile platforms, with L2 Dealer available for direct market access in select cases. The broker charges no commission on US, European, and Australian stock trades, while UK shares incur a low £3 fee per transaction for clients in the UK who choose manual currency conversion instead of the default instant conversion. Traders can access real stocks from 14 different exchanges globally and benefit from integrated research features including news feeds and sentiment analysis tools, plus a stock screener at IG Markets Ltd and IG Australia Pty Ltd and an earnings calendar at IG Markets Ltd. The service permits scalping but limits advanced trading strategies. Hedging opposite physical positions is unavailable, algorithmic trading applies only to CFD products rather than share-dealing, and shorting requires using CFDs or spread bets instead of borrowing physical shares. Market quotes display with approximately 15-minute delays unless traders subscribe to real-time data feeds.

DEGIRO, eToro, XTB, and Trading 212 are some good alternatives to IG as best stock brokers.

Crypto CFDs are not offered to retail clients of IG Markets Ltd (UK) and IG Securities Ltd doesn’t offer crypto; IG Europe GmbH and IG Australia Pty Ltd offer crypto CFDs with leverage up to 2:1, and IG International Limited up to 10:1. IG is a good option for CFD crypto trading because it operates under financial regulators including BaFin, ASIC and the BMA, offers commission-free trading with costs incorporated into the spread, and provides 24/7 live pricing with continuous real-time quotes. IG is good but not excellent for CFD crypto trading because it offers approximately 14 crypto CFD markets, which fall short of broader market coverage, maintains a minimum trade size of 0.1 contracts rather than lower entry points, and lacks crypto-specific regulatory licenses or oversight.

IG provides CFD crypto trading across approximately 14 cryptocurrency markets with a straightforward fee structure that eliminates per-trade commissions by incorporating all trading costs into the spread. The platform delivers continuous real-time market data with 24/7 live pricing, enabling traders to monitor and execute positions at any time. IG holds authorizations from multiple financial regulators for CFD crypto trading, though these are general CFD licenses rather than crypto-specific regulatory approvals. The minimum trade size is 0.1 contracts, which represents a moderate entry point but does not reach the lower thresholds available at some competitors. The selection of 14 crypto CFD markets covers major cryptocurrencies but provides limited exposure to smaller or emerging digital assets compared to platforms offering broader cryptocurrency selections.

eToro (crypto CFDs not offered to retail clients of eToro (UK) Ltd), NAGA, Pepperstone and AvaTrade are some good alternatives to IG as best brokers for CFD cryptocurrency.

IG, which offers real crypto in the UK, is a good broker for real crypto trading because it offers commission-free trading with costs embedded in the spread, provides real-time market data with live prices updating 24/7, allows users to buy cryptocurrencies with fiat currency, and enables selling crypto back to fiat with proceeds credited to the trading account. However, IG is good and not excellent for real crypto trading because it offers only 35+ cryptocurrencies (fewer than competitors), maintains a custodial wallet system through its partner rather than providing non-custodial storage, does not allow users to withdraw or send crypto to external blockchain addresses, does not support receiving external crypto deposits, and does not enable direct crypto-to-crypto trading within the platform.

IG provides its real crypto trading service through a regulated partner (Uphold), where purchased cryptocurrencies are held in custody instead of in user-controlled wallets. The platform supports fiat-to-crypto purchases and crypto-to-fiat sales, with each cryptocurrency transaction effectively processed as a crypto-to-fiat or fiat-to-crypto conversion rather than direct crypto-to-crypto swaps. Users can access 35+ different cryptocurrencies with commission-free trading, though any trading costs are reflected in the buy/sell spread. The platform displays live cryptocurrency prices around the clock with continuously updating charts and quotes. The main limitations include the inability to transfer cryptocurrencies in or out of the platform, and the custodial nature of crypto storage. The minimum trade size is £1.

eToro, Coinbase, Crypto.com and Binance are some good alternatives to IG as best crypto exchanges.

IG does not offer copy trading. IG provides neither a proprietary social trading network nor integration with third-party copy trading platforms, which means clients cannot automatically replicate the trades of other traders, subscribe to trading portfolios, or follow automated signals and strategies. IG offers manual trading tools, risk management features and APIs for custom automation instead.

eToro, ZuluTrade, AvaTrade and NAGA are some good alternatives to IG as copy trading platforms.

What are the IG trading conditions?

IG trading conditions are listed below.

  • Pricing model: Spread-based pricing with variable markup by asset class and market conditions. Spreads widen during volatility, low liquidity, or major news events. Share CFDs use per-trade commission instead of spread markup.
  • Order size: Minimum and maximum trade sizes vary by instrument and product type. Minimum position sizes are generally small, with limits designed to manage liquidity and reduce slippage on large orders.
  • Trading approaches: Hedging, scalping, and algorithmic trading are permitted. Automated strategies supported through APIs and MetaTrader 4, with standard margin and leverage rules applying across all strategies.
  • Risk management: Maximum retail leverage on major forex pairs ranges from 25:1 to 200:1, depending on the IG company that holds your account. Negative balance protection for retail clients caps losses at deposited funds at IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited; IG Securities Ltd doesn’t offer it. Guaranteed stop-loss orders available for fixed maximum loss. Margin close-out rules liquidate positions when equity falls below maintenance levels.
  • Order execution: Average execution time of about 14 ms, and about 99% of orders executed. Indicative market depth and typical spread performance data are provided, without full real-time order-book depth.
Broker
Execution model Market Maker STP/ECN ECN/STP
Max. FX leverage 1:30 1:30 1:30
Min. FX trade size 0.01 standard lots 0.01 standard lots 0.01 standard lots
Hedging allowed Yes Yes Yes
Scalping allowed Yes Yes Yes

IG applies a market-maker execution model for CFDs. IG fills client CFD orders against IG quoted prices, with IG acting as principal counterparty. IG executes standard CFD orders internally rather than routing standard CFD orders to external venues. IG may offer direct-access style services for specific products, with IG treating those services as separate from standard CFD execution. IG applies best-execution obligations when executing orders. IG keeps the core CFD execution model broadly consistent while varying conditions through product scope and client categorization.

IG’s trade execution is strong and consistently well controlled. About 99% of orders are executed at IG Markets Ltd and IG Europe GmbH, and only 0.20% to 0.24% are rejected by size in normal conditions for at-quote flow. Price tolerance, price improvement and liquidity checks affect fills and rejections. IG remains a dependable choice during high volatility, and clients should still expect spread widening and occasional slippage that is normal for fast markets.

IG’s maximum leverage for retail clients on major forex pairs is 30:1 at its companies regulated in the UK, the EU and Australia, 25:1 at IG Securities Ltd, registered with the JFSA (Japan), and up to 200:1 at IG International Limited, licensed by the BMA (Bermuda).

The table showing the leverage and the protections of each IG company is shown below.

If you live inYour account is withMax retail leverage (major forex / crypto)Investor compensationNegative balance protection
the EUIG Europe GmbH (BaFin)30:1 / 2:1up to €20,000yes
the UKIG Markets Ltd (FCA)30:1 / not offeredup to £85,000yes
AustraliaIG Australia Pty Ltd (ASIC)30:1 / 2:1noneyes
JapanIG Securities Ltd (registered with JFSA)25:1 / not offerednoneno
other accepted countriesIG International Limited (BMA)200:1 / 10:1noneyes

The max leverage with IG for each asset class is listed below.

  • Forex: 30:1 on major pairs and 20:1 on other pairs at the companies regulated in the UK, the EU and Australia; 25:1 on all pairs at IG Securities Ltd; up to 200:1 on major pairs and 133:1 on other pairs at IG International Limited.
  • Indices: 20:1 on major indices and 10:1 on other indices at the companies regulated in the UK, the EU and Australia; 10:1 at IG Securities Ltd; up to 200:1 at IG International Limited.
  • Commodities: 20:1 on gold and 10:1 on other commodities at the companies regulated in the UK, the EU and Australia; 20:1 on gold and other commodities at IG Securities Ltd; up to 200:1 on gold and 67:1 on other commodities at IG International Limited.
  • Shares (equities): 5:1 at the companies regulated in the UK, the EU and Australia and at IG Securities Ltd; up to 20:1 at IG International Limited.
  • Cryptocurrency: 2:1 at IG Europe GmbH and IG Australia Pty Ltd; not offered to retail clients of IG Markets Ltd, and not offered by IG Securities Ltd; up to 10:1 at IG International Limited.

Professional clients can access up to 222:1 at IG Markets Ltd and IG Europe GmbH, up to 250:1 at IG Australia Pty Ltd, and up to 100:1 at IG Securities Ltd, through reduced margin rates. Leverage depends on the company, the client classification and the instrument type, not account variants. You can select leverage indirectly through position sizing within permitted limits. IG enforces margin requirements and stop-out mechanisms that close positions when equity falls to the maintenance threshold. Higher leverage magnifies both gains and losses.

Learn more about Forex brokers with high leverage.

The minimum trade size at IG is 0.01 lots for forex pairs, which equals 1,000 units of the base currency. The maximum trade size depends on the specific market and liquidity, and it can reach up to 100 lots per single forex order. The minimum trade size for indices is typically one contract, and the minimum trade size for commodities and cryptocurrencies varies by product, starting from small fractional contracts. IG allows traders to open multiple orders to increase total exposure when the platform limit per order is reached. Order size restrictions apply according to market type and liquidity, and the trading platform enforces these constraints automatically to prevent orders that exceed the maximum allowable volume.

The types of trading orders available at IG are listed below.

  • Market order
  • Limit order
  • Stop order
  • Stop-loss order
  • Guaranteed stop order
  • Trailing stop order
  • If-done order

IG supports multiple orders on the same instrument and partial closes where the underlying product permits it.

IG has low-to-moderate slippage in normal liquidity, and can deliver price improvement as well as adverse slippage under market execution. Between April and June 2024, over 263,000 at-quote orders at IG Markets Ltd received a price improvement, for a total benefit to clients of £3.5 million.

Order execution speed with IG is excellent at about 14 milliseconds on average.

What are IG account types?

The account types offered by IG are listed below.

  • Spread Betting Account: For trading through spread bets, offered in the UK and, by IG Europe GmbH, to residents of Ireland. Speculate on price movements without owning assets. Uses leverage for smaller deposits. Access forex, indices, shares, and commodities.
  • CFD Trading Account: For contracts for difference trading with long/short positions. Hedge existing investments or use leverage for increased exposure. Advanced charting, risk management tools, and automated trading platform integration across a wide range of markets.
  • Share Dealing Account: For buying/selling actual shares rather than speculation, in the UK and at IG Europe GmbH and IG Australia Pty Ltd. Own underlying assets, receive dividends, hold long-term. Access UK, US, European and Australian stocks with limit orders, watchlists, and portfolio management features.
  • Professional Account: For experienced traders meeting specific eligibility criteria (trading experience, portfolio size, frequency), at IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited. Higher leverage limits and reduced margin requirements compared to retail accounts. Fewer retail regulatory protections, such as negative balance protection or compensation schemes.

Learn more about IG account types.

General View of the Account Types on IG Markets

IG’s most popular account is the CFD trading account, used by most traders to speculate on price movements without owning underlying assets. The CFD account is the core offering for retail clients. It provides access to forex, indices, shares, commodities, cryptocurrencies, and bonds with leverage, variable spreads, and transparent market-based pricing. Traders can take long or short positions and execute through IG Trading or MetaTrader 4 platforms with charting, analysis, and automation tools. The account suits active traders seeking direct market execution across global markets.

Yes, IG offers a demo account. The demo account provides access to over 17,000 instruments across forex, indices, shares, and commodities, closely mirroring the live platform’s interface, order types, charting tools, and functionality. At IG Markets Ltd and IG Australia Pty Ltd, users can adjust their virtual demo balance from the default starting amount; at IG Europe GmbH and IG International Limited, the demo account does not expire. Learn more about the IG demo account.

No, IG does not offer an Islamic (swap-free) account. IG removed swap-free accounts and no longer provides them, even upon request for Sharia-compliant trading. Overnight financing charges apply to all positions held overnight without exemption. No screening process, proof of religion, or Islamic account structure exists at IG.

Learn more about Forex brokers with Islamic account.

Yes, IG offers a Professional account at IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited. At IG Markets Ltd and IG Europe GmbH, to qualify, clients must meet at least 2 of 3 criteria: (1) sufficient trading activity, (2) a financial portfolio above a defined threshold, and (3) relevant experience in the financial sector. Compared with a retail account, the Professional account provides higher leverage, reduced margin requirements, more flexible trading conditions, and access to a wider range of instruments, but it removes regulatory protections. At its companies regulated in the UK, the EU and Australia, clients who qualify as professional can access higher leverage, up to 222:1 (250:1 at IG Australia Pty Ltd), in exchange for fewer protections (for example, no negative balance protection required by the regulator, and no Financial Ombudsman Service rights at IG Markets Ltd). IG International Limited already offers up to 200:1 to retail clients.

Learn more about Forex brokers for professional traders.

Yes, IG offers a corporate account for businesses and institutions to trade in the company’s name (not individual). Corporate accounts operate under the same regulatory framework as retail and professional accounts of the IG company that holds them. They’re designed for entities trading for commercial or investment purposes. Applications require company registration documents, proof of directors, and financial information. Trading conditions (margin requirements, instruments) mirror retail/professional accounts, though corporate clients may access customised leverage or reporting based on trading volume and risk profile. Corporate accounts are offered by every IG company that holds client accounts.

Yes, IG offers premium features. Premium clients receive a personal premium account manager, priority customer support, exclusive pricing (such as better margins and rebates), access to higher-level research and insights, and invitations to exclusive events. Access to premium status is generally by invitation only and is granted based on individual circumstances.

How to open an account with IG?

The steps to open an account with IG are listed below.

  1. Start the application: Open the live account registration page, enter a name and email address, confirm the country of residence, and select the account type.
  2. Provide personal details: Enter date of birth and residential address, provide tax residency information such as a tax identification number where requested, and add employment and financial information.
  3. Complete appropriateness questions: Answer the trading-experience and knowledge questions used to assess whether the products are appropriate for the applicant.
  4. Submit verification documents: Upload a valid photo identity document such as a passport or driving licence and upload proof of address such as a recent utility bill, bank statement, or credit card bill, dated within the last six months.
  5. Complete verification checks: Respond to any follow-up requests, and wait for the documents and information to be reviewed and approved.
  6. Fund the trading account: Deposit funds using an available method such as bank transfer or payment card once approval is granted.
  7. Activate and trade: Log in after the deposit is credited, confirm platform access, and place the first trade.

The full setup typically takes a few hours to one or two business days, and extra checks can extend the timeline when documents are unclear or additional information is required. The process is generally easy to complete when the application details and uploaded files are consistent and legible. The requirements typically include being at least 18 years old (20 at IG Securities Ltd), providing personal and tax residency details, submitting proof of identity and proof of address, and completing an appropriateness assessment. A Know Your Customer process is required, and it normally includes identity verification, address verification, and, where applicable, checks related to source of funds before full activation.

Broker
Minimum deposit $0 $0 $0
Demo trial available Yes Yes Yes
Payment methods Wire Transfer, Credit Card, Debit Card, Ewallets Wire Transfer, Credit Card, Debit Card, Ewallets Wire Transfer, Credit Card, Debit Card, Ewallets
Islamic account availability No Yes Yes
Account base currencies EUR AUD, CHF, EUR, GBP, JPY, PLN, USD GBP, USD, EUR, CHF

IG has no minimum deposit, for the first and for subsequent deposits, whatever the account type and the payment method. No tiered status or platform features are unlocked by the amount deposited. Learn more about the minimum deposit with IG.

IG’s account base currencies depend on the company: GBP at IG Markets Ltd, EUR at IG Europe GmbH, JPY and USD at IG Securities Ltd, AUD, EUR, GBP, HKD, SGD and USD at IG International Limited, and 14 currencies at IG Australia Pty Ltd (AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD and ZAR).

The deposit methods supported by IG are listed below.

  • Debit Cards
  • Credit Cards
  • Bank Transfer
  • Apple Pay

Cards are not accepted by IG Securities Ltd. PayPal is accepted by IG Europe GmbH, IG Australia Pty Ltd and IG Securities Ltd.

The withdrawal methods supported by IG are listed below.

  • Bank Wire Transfer
  • Debit Cards
  • Credit Cards
  • Mobile Payment Methods

Withdrawals by card and PayPal follow the same differences between the IG companies as deposits.

Deposits and withdrawals with IG are safe. Client funds are held in segregated accounts at every IG company that holds client accounts, protected even in insolvency. Investor compensation depends on the company: the FSCS covers clients of IG Markets Ltd up to £85,000, an investor compensation scheme covers 90% of the eligible claims of clients of IG Europe GmbH up to €20,000, and IG Australia Pty Ltd, IG Securities Ltd and IG International Limited have no compensation scheme. Payments are secured with SSL encryption, PCI DSS compliance, and 3-D Secure for card transactions. Withdrawals require identity verification, two-factor authentication, and return to the original payment method, with account whitelisting to block unauthorised transfers.

What trading platforms does IG offer?

The trading platforms offered by IG are listed below.

  • IG Online Platform: Multi-asset web platform supporting CFDs, spread betting, forex, indices, commodities, shares, bonds, and options. Available on web browsers (Windows/macOS/Linux) and mobile browsers (no dedicated iOS/Android app).
  • IG Trading App: Proprietary mobile app for trading and account management with charts, alerts, and watchlists; supports CFDs, forex, indices, shares, commodities, and cryptocurrencies. Available on iOS/Android only (no desktop version).
  • MetaTrader 4 (MT4): Forex/CFD platform with advanced charting and Expert Advisors for automated strategies, not offered by IG Securities Ltd. Available on Windows (desktop), macOS (via emulator/bridge), and iOS/Android (MetaTrader app).
  • MetaTrader 5 (MT5): Forex/CFD platform with advanced charting and Expert Advisors, offered by IG Markets Ltd and IG International Limited.
  • ProRealTime: Advanced charting platform with strategy coding, backtesting, and execution for CFDs and spread betting and is designed for technical analysis. Available on web browsers and desktop download (no dedicated iOS/Android app).
  • IG L2 Dealer: Proprietary direct market access platform with Level 2 order book data for shares, share CFDs, and forex (through Forex Direct at IG Australia Pty Ltd and IG International Limited, and for professional clients only at IG Markets Ltd). Available on Windows desktop only (no mobile apps).
  • IG APIs/FIX: Programmatic interfaces for algorithmic trading and custom systems supporting CFDs and forex markets. Available through custom software on Windows/macOS/Linux (no graphical platform or mobile apps).
Broker
MT4 Yes Yes Yes
MT5 No Yes Yes
cTrader No Yes Yes
TradingView Yes Yes Yes
Proprietary platform Yes Yes Yes
Copy trading platform No Yes Yes

 

General View of the Trading Platforms on IG Markets

The charting tools available at IG are listed below.

  • Technical indicators: 30+ built-in indicators (momentum, volume, volatility, trend, oscillators). Custom indicators and automated strategies via ProRealTime’s proprietary scripting language.
  • Drawing tools: Trendlines, channels, Fibonacci retracements/extensions, Gann tools, pitchforks, Elliott waves, arrows, text/label boxes, shapes, and measurement tools. Multi-instrument overlays for comparative analysis.
  • Chart timeframes & history: Tick-by-tick to monthly intervals, with up to 30 years of historical data via ProRealTime.
  • Backtesting: Strategy testing and backtesting through ProRealTime with custom strategy creation and systematic rule-based testing.
  • Platforms & usability: HTML5 web charts, mobile charting (iOS/Android), TradingView integration, and ProRealTime access. Multi-chart layouts (up to 4 charts), one-click trading, and chart-based alerts.
  • Pricing: ProRealTime is included with no extra cost when executing 4+ trades monthly, but a monthly subscription fee applies below this threshold.

The trading tools offered by IG are listed below.

  • Risk management tools: Market, limit, stop, trailing-stop, stop-loss, take-profit, and guaranteed-stop orders; a premium applies only when guaranteed stops trigger.
  • One-click trading: One-click order entry for faster execution on the platform.
  • Automatic pattern recognition: Pattern-recognition scanners identifying opportunities from price action and technical patterns.
  • Market analytics widgets: Technical indicators, charting tools, integrated signal feeds, and analytical modules within the platform.
  • Algorithmic trading: REST and streaming APIs for trade automation and live market-data access. Strategy development and back-testing performed in external environments.
  • Trading calculators: Margin, pip, and financing calculators; position-sizing and P&L projection tools within the interface.
  • Market analysis tools: Integrated economic calendar and embedded newsfeed with live headlines and broker-curated analysis.
Broker
API support REST API, Streaming API, FIX API cTrader API FIX API, cTrader API
EAs support Yes Yes Yes
Coding languages supported MQL4 MQL4, MQL5, cAlgo MQL4, MQL5, cAlgo, Pinescript
VPS support Yes Yes Yes

Yes, IG provides a VPS (virtual private server) for MetaTrader clients. The VPS is hosted by Beeks in London and offers 25 GB disk space and 1,300 MB RAM.

Access to the MT4 VPS is free if the client maintains an MT4 account balance of at least $5,000. Otherwise, a monthly fee of $50 applies.

To obtain MT4 VPS access the client must email IG expressing interest, after which IG will verify the account balance and send an application link.

Learn more about Forex brokers with free VPS.

Yes, IG offers Autochartist at IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited. IG integrates Autochartist into its MT4 platform as part of its “indicators and add-ons” suite. IG provides trade signals generated by Autochartist within its platforms so that users can view chart-pattern suggestions directly. IG does not require a separate subscription fee for Autochartist as it is included in its offering.

Explore the best brokers with Autochartist.

Yes, IG offers integration with TradingView at IG Markets Ltd, IG Europe GmbH, IG Australia Pty Ltd and IG International Limited, allowing clients to trade IG instruments directly from the TradingView platform. The integration is via TradingView’s “trading panel” in which IG is added as a broker, enabling chart-based order placement and trade management within TradingView. To access it, a user must have both an active IG account and a TradingView account, and then connect IG from the TradingView trading panel.

There is no additional fee charged by IG for using TradingView. The user may use the free TradingView plan; however, access to advanced indicators, drawing tools, or added chart layouts would depend on the TradingView subscription level. Learn more about the best brokers with TradingView.

Yes, IG allows algorithmic trading. IG supports algo and automated trading via MetaTrader 4 (Expert Advisors/EAs), native REST and streaming APIs, and institutional FIX access for DMA. MT4 EAs run on IG’s CFD account infrastructure. The REST and streaming APIs deliver live and historical market data, order execution, immediate and resting orders, risk-management tools (stops, limits), account management, and market sentiment data. IG provides developer resources including documentation, sample apps, and an “IG Labs” test environment for algorithmic integrations. Demo environments and third-party platform bridges (e.g. MT4) are available. Co-location or proprietary low-latency data centre access is not offered to retail clients.

How good is IG for mobile trading?

IG is excellent for mobile trading because it offers a comprehensive proprietary IG Trading app, supports MetaTrader 4 (not at IG Securities Ltd) and, at IG Markets Ltd and IG International Limited, MetaTrader 5, is available on both Android and iOS, and delivers a rich suite of trading and analysis tools on mobile. The platform covers a broad range of assets, which includes forex, commodities, indices, stocks, and CFDs, all tradable via mobile devices.

IG’s mobile platforms allow access to over 17,000 markets. Account management features such as deposits, withdrawals, and customizable alerts are included. The app contains around 30 technical indicators. Drawing tools for chart analysis, integrated news feeds, economic calendars, and sentiment analysis functions are present. Advanced users have access to ProRealTime on mobile and progressive web apps. IG provides one of the most feature-complete and flexible mobile trading experiences in the industry.

XTB, Pepperstone, AvaTrade and eToro are some of the best mobile trading apps and are good alternatives to IG. Explore the best apps for Forex trading.

Broker
MT4 mobile Yes Yes Yes
MT5 mobile No Yes Yes
cTrader mobile No Yes Yes
Proprietary mobile app Yes Yes Yes

The IG mobile app differs from the desktop version mainly in interface design and feature depth. The mobile app covers essentials (live market data, charting, order placement, price alerts, risk management, and account functions) optimized for on-the-move trading. The desktop version adds advanced chart analysis, broader customization, multi-screen setups, and deeper integration with third-party tools. Both support the same instruments (forex, CFDs, indices) and sync in real time, but advanced research and automation features remain desktop-exclusive.

How good is IG to learn trading?

IG is a great choice for learning trading because it offers a robust educational portal, comprehensive tutorials, regular market outlooks, daily analysis, live webinars, podcasts and a free demo account. IG is great and not excellent for learning trading due to the lack of cent/nano accounts for risk-minimized real-money practice.

IG Academy, IG’s educational section, includes step-by-step trading courses, interactive quizzes, platform tutorials, and a trading glossary. All this is accessible for free and via a dedicated app. Training materials cover topics from beginner basics to advanced strategies. Regular articles on risk management and market analysis supplement these materials. Live webinars and occasional in-person seminars allow users to interact with experts in real time. Beginners benefit from a generous demo account, available across web and mobile. However, IG does not offer cent/nano accounts, which limits the ability to practice with minimal real money at risk. Learn more about what is trading and how it works.

Broker
Webinars Yes No Yes
Tutorials Yes Yes Yes
Glossary Yes Yes Yes
Live analysis Yes Yes Yes

 

General View of the Education Resources on IG Markets

How good is IG customer care?

IG has a great customer care because it offers 24/7 support via email, phone, and live chat (including WhatsApp), provides multilingual and localized service, includes a VIP/Premium program with dedicated account managers, and does not charge any fees for customer support. IG has great and not excellent customer care since the account-tier perks do not elevate the overall experience further for regular clients.

IG’s customer support is highly accessible, with multiple contact channels such as email, live web chat, WhatsApp, and dedicated phone lines available around the clock from Monday to Sunday, except at IG Securities Ltd, which offers support 9 hours a day. The broker delivers localized assistance in numerous languages and offers regional websites and teams for various countries. VIP clients receive benefits such as a personal account manager and priority service, though standard users do not get special treatment beyond the robust baseline. All customer care services are complimentary and there are no fees associated with contacting support.

Broker
Support languages Arabic, Danish, Dutch, English, French, German, Italian, Norwegian, Portuguese, Russian, Spanish, Swedish Arabic, Chinese, Czech, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Malaysian, Polish, Romanian, Russian, Spanish, Thai, Vietnamese, Greek, Turkish, Slovak English, Spanish, Russian, Chinese, Vietnamese, Arabic, Indonesian, Italian, French, Thai, German, Polish
Phone support Yes Yes Yes
Email support Yes Yes Yes
Chat support Yes Yes Yes
Support hours Mon-Sun (00:00-24:00) Mon-Fri (00:00-24:00) Mon-Sun (00:00-24:00)

What are the best alternatives to IG?

The best alternatives to IG are CMC Markets, eToro, and Pepperstone.

  • CMC Markets: 12,000+ instruments across forex, shares, indices, commodities, and treasuries; no minimum deposit; Alpha and Price+ discount schemes cut spreads up to 40%; negative balance protection and a compensation scheme at its UK and EU companies.
  • eToro: CopyTrader and CopyPortfolio social trading; commission-free stock investing; multi-authority regulation with segregated funds and retail leverage limits.
  • Pepperstone: Spreads from 0.0 pips with low commissions; MT4, MT5, cTrader, and TradingView; multi-jurisdictional regulation, negative balance protection, and copy trading.

Learn more about alternatives to IG.

_____________________________

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Return To Top


Select your language

Offers shown for visitors in: