IG (IG MARKETS) Review

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IG MARKETS GENERAL INFORMATION

■ Found: IG MARKETS was found 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 it is also a member of UK FTSE 250

■ Web-Site 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 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 SPREADS & LEVERAGE

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 supports also 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 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 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 Index in the Market √ Tight Trading Spreads and Flexible Account Types covering all trading styles √ Maximum Safety of Money (FCA regulated plus FTSE-250 member) √ $1 minimum account √ 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 Not suitable for News-Traders

 

IG.COM Review Conclusions:

IG is the trading name of IG Markets and it is a leading broker offering over 10,000 financial assets including Forex, shares, indices, metals, energy, and soft commodities. The company was originally found in 1974 and it is domiciled in London UK. IG Markets LTD has also offices in Europe, Africa, Asia, and the US. IG is regulated by FCA UK and it is also a listed company in the FTSE-250 index. The broker offers full client account bank segregation. All these factors combined create a trading environment of the top safety of money.

IG offers ECN / DMA Forex trading plus CFDs, Futures, and Options contracts trading. For UK residents IG offers also financial spread betting. IG is actually the first financial spread betting company in the world. As concerns trading platforms, IG offers the Level 2 Dealer Platform, the ProRealTime Platform, the MetaTrader 4, and the IG WebTrader. There are also apps for mobile devices, separate for Tablets and iPhones, covering iOs, Android, and Windows Mobile. One of the best features offered by IG is the Autochartist software which automatically monitors the global markets and identifies potential trading opportunities. IG offers also API trading capabilities (check above for more details). As concerns trading accounts, the minimum deposit amount for opening a new account is just $1 and accounts may be funded via Bank Wire or Cards. As it is already mentioned IG offer access to 10,000 financial instruments via the Trader’s Account Type but it provides also a separate stockbroking account for clients wishing to trade solely the equity market. The trading leverage is up to 30:1. As concerns the trading cost, IG offers flexible programs adapting to each trader’s needs:

• Forex spread betting, starts from 0.8 pip
• Forex CFDs spread, starts from 0.8 pips
• Forex MT4 spread starts from 1.2 pips (typical EURUSD 1.5 pips)
• Forex DMA spread, typical 0.2 pips plus trading commission $10 / lot

IG offers multilingual 24/5 Customer Support via email and Phone. There is also free education. IG does not provide a welcome bonus but it offers instead trading rebates of $0.75/lot. Overall IG may be considered one of the top brokerage choices in the world for trading CFDs, Futures, and Options. The main advantages offered by the broker is the safety of money and a great variety of trading options in terms of the wide asset index and the available technology. IG Markets has a very long operational history and only the fact that is a member of FTSE-250 adds extreme levels of security on behalf of every trader.

 

■ IG.com (IG MARKETS) Review

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