IG Markets Account Types: Detailed Overview for Traders

IG Markets offers a good number of account types:

• IG Markets Demo account
• IG Markets Standard account
• IG Markets Limited Risk account
• IG Markets Spread Betting account
• IG Markets Options trading account
• IG Markets Turbo24 trading account
• IG Markets Share Dealing account
• IG Markets Professional account
• IG Markets Select account

What types of trading accounts are available at IG Markets?

Below you will find a complete list of all account types available to traders on IG Markets, with details on features and useful information for choosing.

According to the regulation you trade in and your country of residence you may find different features as some assets might not be available in your area. IG Markets’ retail clients from Europe, the UK, and Australia will find leverage up to 1:30.

IG Markets Standard account: Best for casual traders

• Availability: Under BaFin, FCA, ASIC, FMA, FSCA, NFA, MAS, DFSA, JFSA, FINMA, BMA.
• Markets: Forex, indices, cryptocurrencies, shares, commodities (17.000+ assets in total).
• Commissions: Floating spread from 0.6 pips. Rollover fees apply on open positions overnight.
• Platforms: IG Markets WebTrader, IG Markets Mobile App, MT4, L2 Dealer, ProRealTime.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:20 (MAS), up to 1:30 (BaFin, FCA, ASIC, DFSA), up to 1:50 (NFA).
• Account opening: Demo account is unlimited, and the minimum deposit goes according to your country of residence such as $250 (UK), $300 (EU), and $450 (Australia).

IG Markets Limited Risk account: Best for less-risk trading

• Availability: Under ASIC, FMA, FSCA, MAS, DFSA, JFSA, FINMA, BMA.
• Markets: Forex, indices, cryptocurrencies, shares, commodities (17.000+ assets in total).
• Commissions: You will find spreads starting at 0.6 pips; rollover fees on any position kept open overnight.
• Platforms: IG Markets WebTrader, IG Markets Mobile App, MT4, L2 Dealer, ProRealTime.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:20 (MAS), up to 1:30 (ASIC, DFSA).
• Special features: All the positions you open will not allow you to lose more than the initial deposit required to open the trade. All your positions will have a guaranteed stop.
• Account opening: There is a free demo account to try; live accounts require a minimum deposit which depends on the regulator you fall under.

IG Markets Spread Betting account: Best for UK and Ireland traders

• Availability: Under FCA.
• Markets: Forex, indices, cryptocurrencies, shares, commodities (17.000+ assets in total).
• Commissions: Floating spread from 0.6 pips.
• Platforms: IG Markets WebTrader, IG Markets Mobile App, MT4, ProRealTime.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:30.
• Account opening: Unlimited demo account; $300 minimum deposit to switch to a live account.

IG Markets Options account: Best for trading options

• Availability: Under BaFin.
• Markets: Barrier and vanilla options on forex, indices, shares, commodities (17.000+ options in total).
• Commissions: You will get charged spreads starting at 0.6 pips and a rollover fee if you wish to trade overnight positions.
• Platforms: IG Markets WebTrader, IG Markets Mobile App, MT4, L2 Dealer, ProRealTime.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:30 (vanilla), up to 1:100 (barrier).
• Account opening: This account offers an unlimited demo account; to proceed to a live account you need to deposit at least $300.

IG Markets Turbo24 account: Best for European traders

• Availability: Under BaFin.
• Markets: Forex, indices, shares, commodities (17.000+ assets in total).
• Commissions: You will find floating spreads from 0.6 pips on this account; open positions for consecutive days attract a rollover fee.
• Platforms: IG Markets WebTrader, IG Markets Mobile App, MT4, L2 Dealer, ProRealTime.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:100.
• Account opening: Available only to residents in Ireland, French, Germany, Spain, Italy, Sweden, Netherlands, and Norway; unlimited demo account; live account with $300 minimum deposit.

IG Markets Share Dealing account: Best for real investments

• Availability: Under FCA, ASIC, DFSA, JFSA.
• Markets: Shares, ETFs, investment trusts (15.000+ assets in total).
• Commissions: From $0 commission on US stocks.
• Platforms: IG Markets WebTrader, IG Markets Mobile App, MT4, L2 Dealer.
• Trade size: From 1 micro lot.
• Leverage: No leverage on this account.
• Account opening: You have the ability to open an unlimited demo account first then proceed to a live account with a $250 (UK), or $450 (Australia) minimum deposit.

IG Markets Professional account: Best for expert traders

• Availability: Under BaFin, FCA, ASIC, DFSA.
• Markets: Forex, indices, cryptocurrencies, shares, commodities (17.000+ assets in total).
• Commissions: Charging spreads starting from 0.6 pips. Open positions for consecutive days also charge a rollover fee.
• Platforms: IG Markets WebTrader, IG Markets Mobile App, MT4, L2 Dealer, ProRealTime.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:222, under ASIC up to 1:250.
• Account opening: You have to meet certain conditions to be eligible; free unlimited demo account; live accounts with variable minimum deposit depending on the broker’s branch and regulator.

IG Markets Select account: Best for Premium traders

• Availability: Under BaFin.
• Markets: Forex, indices, cryptocurrencies, shares, commodities (17.000+ options in total).
• Commissions: Spread start from 0.6 pips; if you keep open positions overnight you will be charged rollover fees.
• Platforms: IG Markets WebTrader, IG Markets Mobile App, MT4, L2 Dealer, ProRealTime.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:222.
• Account opening: Available only to European Premium clients; open a professional account then contact customer service to open a Select account.

What happens to inactive IG Markets trading accounts?

After a period of 24 consecutive months with no registered trading activity, your account is considered inactive.

IG Markets charges an inactivity fee of $18 per month unless you log in and open a position.

If your balance reaches 0 then IG Markets reserves the right to close your account.