IG Markets provides a range of trading account types tailored to different trader profiles, including beginners, retail traders, high-volume professionals, and fund managers.
Available accounts include the Standard Account (ideal for casual traders), the Limited Risk Account (optimized for minimizing risk),the Spread Betting Account (exclusive to UK traders), the Options Account (ideal for trading options), the Turbo24 Account (exclusive to European traders), and the Share Dealing Account (ideal for real investments). Advanced traders and money managers can access the Select Account and the Professional Account, which offers higher leverage, lower margin requirements and additional benefits.
Each IG Markets account type has distinct pricing models and offers platform compatibility across MT4, IG Markets WebTrader, IG Markets Mobile App, L2 Dealer and ProRealTime.
The availability of the IG Markets account types is subject to Regulatory compliance, trader expertise, and regional restrictions.
What types of trading accounts are available at IG Markets?
The IG Markets account types are listed below.
- 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
IG Markets Standard Account: Best for casual traders
IG Markets Standard Account is designed for casual traders and offers access to over 17,000 assets, such as forex, indices, cryptocurrencies, shares, and commodities. It features floating spreads starting from 0.6 pips and requires a minimum deposit that varies by region.
The features of the IG Markets Standard Account are listed below.
- 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
IG Markets Limited Risk Account is tailored for traders seeking to minimize risk, ensuring that losses do not exceed the initial deposit required to open a trade. All positions have a guaranteed stop, with spreads starting at 0.6 pips.
The features of the IG Markets Limited Risk Account are listed below.
- 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
IG Markets Spread Betting Account is exclusive to traders in the UK and Ireland and allows tax-free profits on trades across more than 17,000 assets, such as forex, indices, cryptocurrencies, shares, and commodities. It offers floating spreads from 0.6 pips and requires a minimum deposit of $300 to switch to a live account.
The features of the IG Markets Spread Betting Account are listed below.
- 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
IG Markets Options Account is ideal for trading barrier and vanilla options on forex, indices, shares, and commodities. It charges spreads starting at 0.6 pips and offers leverage up to 1:30 for vanilla options and up to 1:100 for barrier options.
The features of the IG Markets Options Account are listed below.
- 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
IG Markets Turbo24 Account is best suited for European traders interested in trading Turbo warrants on forex, indices, shares, and commodities. It provides floating spreads from 0.6 pips and leverage up to 1:100.
The features of the IG Markets Turbo24 Account are listed below.
- 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
IG Markets Share Dealing Account is designed for investors seeking real investments in shares, ETFs, and investment trusts, offering access to over 15,000 assets. Commissions start from $0 on US stocks, and there is no leverage on this account.
The features of the IG Markets Share Dealing Account are listed below.
- 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
IG Markets Professional Account is tailored for expert traders who meet specific eligibility criteria by providing access to over 17,000 assets with spreads starting from 0.6 pips. It offers higher leverage, up to 1:222 under certain regulators like BaFin and FCA, and up to 1:250 under ASIC.
The features of the IG Markets Professional Account are listed below.
- 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
IG Markets Select Account is intended for premium traders and offers access to over 17,000 assets with spreads starting from 0.6 pips. It provides leverage up to 1:222 and is available only to European premium clients who have opened a professional account and contacted customer service to upgrade.
The features of the IG Markets Select Account are listed below.
- 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.
How to compare the IG Markets trading accounts?
The table to compare the IG Markets trading accounts is shown below.
| IG Markets Account Types | Minimum Deposit ($) | Minimum Spread (pips) | Volume-based Commissions | Overnight Fees | Minimum Trade Size (lots) |
|---|---|---|---|---|---|
| IG Markets Standard Account | $250 – $450 (region dependent) | 0.6 | Floating spread | Yes | 1 micro lot |
| IG Markets Limited Risk Account | Varies by regulator | 0.6 | Floating spread | Yes | 1 micro lot |
| IG Markets Spread Betting Account | $300 | 0.6 | Floating spread | Yes | 1 micro lot |
| IG Markets Options Trading Account | $300 | 0.6 | Floating spread | Yes | 1 micro lot |
| IG Markets Turbo24 Trading Account | $300 | 0.6 | Floating spread | Yes | 1 micro lot |
| IG Markets Share Dealing Account | $250 – $450 (region dependent) | None | From $0 on US stocks | No | 1 micro lot |
| IG Markets Professional Account | Varies | 0.6 | Floating spread | Yes | 1 micro lot |
| IG Markets Select Account | Professional account required | 0.6 | Floating spread | Yes | 1 micro lot |
What are the requirements to open an IG Markets account type?
The requirements to open an IG Markets account are listed below.
- Contact requirements: The contact requirements of IG Markets include a valid email address and a valid phone number
- Age requirements: The age requirement at IG Markets is that you must be over 18 years old to open an account
- Legal requirements: The legal requirements at IG Markets include complying with KYC laws by verifying your identity with documents such as a passport or utility bill.
- Minimum deposit requirements: IG Markets minimum deposit to activate a live trading account is $300
- Regulatory requirements: The regulatory requirements at IG Markets stipulate that you must be a resident in a country where the broker operates
- Knowledge requirements: The knowledge requirements at IG Markets include answering questions about your trading experience and financial knowledge before accessing complex financial products.
Do IG Markets account types charge inactivity fees?
Yes, IG Markets account types charge inactivity fees when an account remains dormant for a specific period. If no login activity occurs for 24 consecutive months, IG Markets deducts a monthly fee from the available balance. This fee does not apply to accounts with no remaining funds, and it stops once the user logs in again.
IG Markets considers an account inactive when the user does not log in for a two year. The platform applies a $18 monthly inactivity fee, which is deducted only from real funds and never from open positions. Traders can avoid this fee simply by accessing their account, even without performing any trading activities.
Demo accounts remain free from inactivity fees at all times. These trial accounts use virtual funds, so traders owe nothing to the broker. Even if users abandon their demo accounts entirely, no IG Markets fees are ever applied.