IG.COM (IG MARKETS) Review
IG MARKETS GENERAL INFORMATION
■ Foundation: IG MARKETS was founded in 1974
■ Headquarters: IG MARKETS is based in London, UK
■ US Residents: IG forbids US traders –NO
■ Regulated: IG MARKETS is regulated by FCA UK (195355) and is also a member of the UK FTSE 250
■ Website Languages: English, Spanish, French, German, Italian, Japanese, Chinese, Portuguese, Swedish
■ Customer Support: 24/5 via Phone and Email (Language Support: English, Spanish, French, German, Italian, Japanese, Chinese, Portuguese, Swedish)
IG MARKETS TRADING INFO SUMMARY
■ Broker Type: ECN /DMA
■ Trading: CFDs, Options, and Futures Trading
■ Spread Betting: YES
■ Platforms: MetaTrder4, IG ProRealTime, IG L2 Dealer, WebTrader
■ Trading Time Zone: GMT
■ Demo Account: IG.com provides a 30,000GBP Demo –YES
■ Spread on EUR/USD: 1.5 pips typical (check conclusions)
■ Leverage: Leverage at IG up to 30:1
■ Scalping: is allowed by IG –YES-
■ Bonus: IG offers No Bonus / It offers $0.75/lot Trading Rebate
■ Minimum Account: $1
💱 IG.COM TRADING ASSETS
IG offers a great asset index containing 10,000 assets:
■ 60+ Forex Pairs
■ Stocks, Indices, Metals, Energy, and Commodity Trading via CFDs
■ Forex, Stocks & Indices, and other assets via Options and Futures Trading
IG.COM SPREADS & LEVERAGE
IG MARKETS TRADING SPREADS ■ IG offers EURUSD at a 1.5 pip typical spread ■ IG offers USDJPY at a 1.5 pip typical spread ■ IG offers GBPUSD at a 2.0 pip typical spread Check also other spread types in this review's conclusions IG MARKETS TRADING LEVERAGE ■ Leverage at IG MARKETS can be up to 30:1
IG TRADING PLATFORMS & MOBILE
IG is offering many Desktop Trading Platforms, plus Mobile and Tablet Traders. Desktop Platforms include:
■ MetaTrader4 (the standard platform for trading Forex, IG MT4 can trade Forex and CFDs)
■ IG Pro RealTime (ProRealTime is an advanced charting package offering monitoring tools and advanced analysis resources)
■ IG L2 Dealer (DMA execution plus CFDs Trading within the market spread. Drag & Drop trades into orders and link trading charts and news feeds)
■ IG WebTrader (for beginners)
Trading Features include:
■ Automated Trading, Forex Scalping, and Hedging are all allowed at IG.com
■ API Trading with extended capabilities (Check below for details)
■ Bloomberg (Submit orders for trading shares via Bloomberg EMSX)
■ Autochartist pattern recognition
■ Trading Central analysis
IG API TRADING
(1) IG API offers easy access to market data, historical data, and direct order execution
(2) IG API can be used with Excel (VBA), .NET, Java, and any other language supporting the HTTP protocol
(3) IG also supports a FIXED API (SSL), clients can trade the full IG range of products, and orders are filled via the SOR (Smart Order Router), which may link to multiple trading pools and dark pools
(4) FIX DMA: Trade directly into the order books of global stock exchanges
(5) FIX OTC: Trade automatically on IG’s Over The Counter products
IG MARKETS MOBILE TRADING IG MARKETS supports iPhone, Windows, and Android by offering different versions of Phones and Tablets: ■ iPhone, Windows, and Android for SmartPhones ■ iPhone, Windows, and Android for Tablets
Forex CFD trading and automated trading tools.
IG L2 Dealer
IG ProRealTime
IG MT4
Basic Information
Offers direct market access (DMA)
Advanced charting package with powerful monitoring tools and flexible market access
Special Use
Advanced shares trading
Technical-Analysis Traders
Advanced Forex trading
Platform Fees
Free if traders maintain a minimum of £1000 in the account balance
30GBP monthly fee (That fee is refunded for active traders)
Free
Available Assets
CFDs, Shares
Spread Betting, CFDs, Shares
CFDs, Shares
Markets
Shares, DMA forex, OTC forex, OTC shares, OTC indices, and OTC commodities
All Markets
Foreign Exchange
Reuters News Feed
Yes
No
Trade from charts
Yes
Direct market access (DMA)
Yes
No
Trading Order Types
Limits, market orders, tranche (iceberg) orders, fill or kill, execute and eliminate, date, day, good for auction, good till cancel, at the auction, at the open, at the close, at best
Market orders, limits, stops, trailing stops, market if touched, one cancels the other, one enables the others
Market orders, limits, stops, stop loss, take profit
Automated Trading
Yes
Extra Add-ons
Currenex, Bloomberg, FIX API
No
Autochartist, Trading Central
IG NEW ACCOUNT INFORMATION
IG MARKETS Minimum Account:
The minimum deposit in IG MARKETS is 1 USD.
IG MARKETS Main Deposit Methods:
■ Bank Wire Transfer
■ Credit Cards
■ Debit Cards
IG MARKETS Main Withdrawal Methods:
■ Bank Wire Transfer
■ Credit Cards
■ Debit Cards
IG CONTACT INFORMATION
IG.com is a trading name of IG Markets Ltd (Registered in the UK, No 04008957) CFDs and Shares are provided by IG Markets Ltd | Spread Betting is provided by IG Index Ltd. Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA ■ IG.com Phone: 0800 409 6789 (24/5 from 8 am Sunday to 10.15 pm Friday) ■ IG.com eMail: This email address is being protected from spambots. You need JavaScript enabled to view it.
⚖️ IG REVIEW PROS AND CONS (According to competition)
|
IG.COM MARKETS REVIEW PROS & CONS |
|
|
IG Markets Review PROS |
IG Markets Review CONS |
|
√ One of the largest Asset Indexes in the Market √ Tight Trading Spreads and Flexible Account Types covering all trading styles √ Maximum Safety of Money (FCA regulated plus FTSE-250 member) √ Automated Trading and Scalping are allowed √ $0.75/lot Trading Rebate √ 4 Desktop Platforms plus separate apps for Smartphones and Tablets |
X Electronic Wallets are not supported (only cards and bank wire) X Expensive trading spreads on most account types X Not a suitable broker for news-trading and scalping |
🏁 IG.COM Review Conclusions:
IG is the trading name of IG Markets, a leading broker offering over 10,000 financial assets, including forex, shares, indices, metals, energy, and soft commodities. The company was founded in 1974 and is based in London, UK. IG Markets Ltd also has offices in Europe, Africa, Asia, and the US. IG is regulated by the UK’s FCA and is listed on the FTSE 250 index. The broker provides full segregation of client funds. All these factors create a highly secure trading environment.
IG offers ECN/DMA forex trading as well as CFDs, futures, and options. For UK residents, IG also offers financial spread betting and was the first company in the world to provide it. Trading platforms include Level 2 Dealer, ProRealTime, MetaTrader 4, and IG WebTrader. Mobile apps are available for iOS, Android, and Windows Mobile, with separate versions for tablets and iPhones. A standout feature is Autochartist, which scans global markets for trading opportunities. IG also offers API trading (see above for details). The minimum deposit to open an account is just $1, with funding available via bank transfer or card. In addition to the Trader’s Account, which gives access to all 10,000 instruments, IG offers a separate stockbroking account for equity-only traders. Leverage is up to 30:1.
Trading costs are variable, according to each account type, for example:
-
Forex MT4: from 1.2 pips (typical EUR/USD 1.5 pips)
-
Forex DMA: typical 0.2 pips plus $10 commission per lot
IG provides multilingual customer support via email and phone 24 hours a day, five days a week. Free educational resources are also available. Overall, with its long operational history and FTSE 250 membership, IG offers traders a high level of trust and stability, but it is suitable mainly for CFD trading.
- Suitable for trading CFD products
- Not a suitable broker for news-trading and scalping
🔗 Website: » https://www.ig.com
■ IG.com (IG MARKETS) Review
TradingCenter.org (c)
L MORE REVIEWS • COMPARE • BROKERS
» Forex Brokers Comparison
» CFD Brokers
» Expert Advisors (EAs)
» Compensation Schemes
» RoboForex Review
» IC Trading Review
» TitanFx Review
» IC Markets Review
» FXOpen Review
» FXOpen Review



