FX Trading Master

United States
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

IG Group Review and Tutorial 2021

» Visit

Stop United States not accepted.

Go to the Brokers List for alternatives

Facts & Figures

IG offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have a 40 year track record of excellence.



Bonus None
Instruments CFD, Forex, Stocks, Digital Options, Futures, Options, Spreadbetting
Demo Account Yes
Min. Deposit £250
Pay Methods Credit Card, JCB Card, Mastercard, MoneyGram, PayPal, Wire Transfer
Min. Trade £1
Regulated By FCA
MetaTrader 4 Yes
MetaTrader 5 No
cTrader No
ECN Account Yes
DMA Account Yes
Mobile Apps Yes
Auto Trading Yes
Social Trading No
Copy Trading No
Trade Signals Yes
Islamic Account No
FTSE Spread 1 pt
GBPUSD Spread 0.9 pips
Oil Spread 3 pips
Stocks Spread 0.1% Var
Leverage 1:30 EU, 1:200
GBPUSD Spread 0.9 pips
EURUSD Spread 0.6 pips
EURGBP Spread 2 Pips
Assets 90+
Risk Warning – Your capital is at risk

IG is an award-winning CFD and forex broker serving 175,000+ customers around the world. Our audit covers everything from spread betting and trading platforms to client assistance and account charges. Check that it’s everything here, sign in, and trade today.

IG Overview

Once in the past IG Index, the organization was claimed and managed by IG Markets Ltd and was set up in 1974. The UK-based broker is most popular for its CFD and financial spread betting trading, albeit in 2014, it likewise added stockbroking to its platform.

In 2000 IG was recorded on the London Stock Exchange under IG Group plc. Now, IG is a constituent of the FTSE 250 Index with workplaces in 16 nations and customers across five landmasses.

Brands under the IG umbrella likewise incorporate Nadex and IG US for US customers.

Trading Platforms

IG Markets offers its own trading platform, just as elective outsider suppliers, guaranteeing there’s something for everybody.

IG Trading Platform

IG’s own platform has been perceived as the best in its group and has gotten tremendous praise from the business, including our own Awards. The platform is accessible for spread betting and CFD trading. It’s easy to understand, takes into account a single tick trading, deep-dive specialized analysis, and accompanies risk management devices. Traders likewise gain admittance to:

  • Streaming Reuters news
  • Economic calendar
  • IG analyst articles
  • Trading signals
  • IGTV

Progressive Web App

IG Markets presents a progressive web app (PWA) that is accessible from any gadget and saves clients from downloading software from a third-party application store.

The online platform offers an instant perspective on market prices and spreads while ensured stops and cutoff points assist with keeping an idea about profit and loss. The reformist web application is a strong, all-around option in contrast to the downloadable platform.


ProRealTime is a brick of charting software integrated into IG’s Markets restrictive platform. It’s superb for traders hoping to lead progressed specialized examination, with near 100 volume and different indicators, plus a completely customizable UI.

ProRealTime likewise takes into consideration robotized dealing. Clients can assemble algorithms with the assistance of creation tools and backtest against 30 years of historical data. Then again, traders can utilize third-party strategies.

MetaTrader 4

IG Index’s customers can likewise utilize the third-party platform – MetaTrader 4 (MT4). The MT4 framework is reasonable for traders of all experience levels, accompanies 18 bespoke application additional items, and can be utilized to trade forex, indices, commodities, and that’s just the beginning.

L2 Dealer

Free to download and utilize, L2 Dealer is direct market access (DMA) share trading platform. The software has valuable observing tools, including watchlists and price alarms. The L2 Dealer framework likewise works with direct chart trading and accompanies price-improvement innovation.


Traders with IG Index are honored with a wide exhibit of more than 17,000 tradeable financial instruments:

  • Indices – Conjecture on the world’s biggest indices, including the US S&P 500, Dow Jones, and NASDAQ, Germany’s Dax 30, plus the UK’s FTSE 100
  • Shares – Share dealing is accessible on a portion of the world’s biggest organizations, like Tesla and Netflix
  • Forex – 90+ FX sets, including majors, minors, and exotics
  • CFDs – CFDs are accessible in different markets
  • Commodities – Trade valuable metals, including gold and silver, plus energies, like Brent Crude Oil
  • Spread betting – The tax-free subsidiary permits you to guess on forex, commodities, shares, and that’s just the beginning

Likewise accessible to trade at are ETFs, bonds, futures, and interest rates.

IG Savvy Portfolios offer oversaw portfolios that give a balance of income, growth, and risk to suit every trader’s need and join a different asset allotment to accomplish that. Ideal for traders with limited exploration time.

Spreads and Fees

Spreads at IG Record are cutthroat, beginning at 0.6 pips on major forex sets, like the EUR/USD. On major indices, like the FTSE 100, spreads start at 1 point, and on Spot Gold, spreads from 0.3 pips are accessible.

There are other trading expenses to factor in, beginning with for the time being rollover charges. Subtleties of moving everyday prices and rules are liable to change yet are accessible on the broker’s site. An inertia fee is likewise charged to torpid accounts.


IG presents leveraged trading on shares, indices, and forex. For retail clients, 1:30 leverage is accessible on forex while leverage levels on indices and commodities are 1:20.

IG Markets is straightforward about the margin call measure and leveraged trading choices. The site additionally has a helpful margin calculator.

Mobile Apps

IG List offers an award-winning mobile app for iPhone, iPad, iPod Contact, in addition to an Android app for gadgets with an operating system of 5.0 above. Total trade management is conceivable from the mobile app, alongside 19 drawing tools, 30 specialized indicators, in addition to an economic calendar and client sentiment indicators. Clients can likewise set up price alarms and signals by SMS and make customized watchlists.

For any issues, customer support is accessible from the application.

Payment Methods


Putting aside installments is exceptionally basic, as it ought to be. Traders can deposit funds by means of credit cards (VISA, MasterCard, debit), bank wire transfers, and PayPal. Credit card payments are prepared quickly, while bank wire transfers can require as long as three days. The base deposit required is £250, while the most extreme deposit each day is £20,000.


Withdrawals can be made by means of credit cards, bank transfers, and PayPal. As far as how to pull out funds, explore the ‘live accounts’ tab, and afterward select ‘withdraw funds.

Withdrawals to a card take somewhere in the range of two and five working days. Withdrawals to PayPal are generally instant, while bank transfers are frequently that very day whenever prepared before early afternoon. However, they may require as long as three days, contingent upon bank handling subtleties. The base withdrawal is £100.

Demo Account

IG offers a training account. The virtual account allows you to test the platform in recreated market conditions. So when you have your login subtleties for the demo account, you can trade on various markets, incorporating forex and CFDs with £10,000 in virtual cash.

Bonuses and Promotions

IG Index offers an intermittent welcome bonus. Join offers have included free trading capital for setting aside your first installment.

At present, there is simply an allude to a companion bonus scheme, which could see your account credited with £100 when the companion alluded makes five qualifying trades.

Note, bonuses at IG Markets normally accompany certain prerequisites around the least deposits and greatest bet sizes, so check bonus agreements first.

Regulation and Reputation

Regulation and reputation are absolutely critical while picking an online broker to deal with. IG Markets Ltd is licensed and controlled by the Financial Conduct Authority (FCA) of the United Kingdom.

Additionally, for each provincial office, they are licensed and enlisted by the country where it lives. IG US, for instance, is completely agreeable in the United States.

With respect to IG’s reputation, it is phenomenal. The organization has substantiated itself as a top competitor for more than 40 years – shaping the universe of internet trading as far as we might be concerned today.

The brokerage has won various honors for its trading platforms, technology, extraordinary customer support, and the sky is the limit from there. IG Trading investigators are routinely quoted in the news as a confided in the wellspring of market examination.

Additional Features

IG Index customer surveys often point to the brilliant set-up of exploration tools. For traders that deposit $500+, Real Vision television is accessible and deposit more than $5,000, and you additionally gain admittance to Real Vision research.

Clients likewise get an advantage from in-house tools, including an economic calendar and video content. Likewise, the broker offers a customizable screener for various assets, in addition to trading signals dependent on design recognition technology.

At last, IG Markets supports DailyFX, a blog-based news site that gives pattern insights, among different features.

With a broker of this magnitude, IG client sentiment is a solid market indicator – so the sentiment gauge on every asset is an amazing feature, in any event, for contrarians.

In general, traders have an abundance of learning assets to assist with expanding revenues and limit misfortunes.

Trading Accounts

IG Markets offers diverse retail trading accounts relying upon the markets you need to trade:

  • CFD trading account
  • Spread betting account
  • CFD trading and spread betting account
  • Share dealing and CFD trading account

IG Shrewd Portfolios additionally offer traders a course into worked on managed funds.

The base trade or bet size is $1. Each account accompanies full admittance to trading platforms, in addition to unrestricted economy data, learning assets, and nonstop support.

There is likewise a professional account that takes into consideration more noteworthy degrees of leverage in exchange for less regulatory protection.

To fit the bill for a professional account, you more likely than not set 10 altogether leveraged trades for each quarter for the last four quarters, have a portfolio surpassing £50,000, in addition, to have at least one year’s professional derivatives trading experience.


There are a few good motivations to trade with IG:

  • Education – The site offers different educational materials like a broad library of preparing and support on the best way to day trade effectively. This makes it an incredible broker for novices.
  • Trading tools – Traders approach a far-reaching range of charts, market news, client sentiment, and data and examination tools. Too, traders approach more than 100 specialized indicators.
  • Range of assets – There are more than 17,000 assets to browse, which makes this brokerage incredible for day traders who are simply starting or prepared veterans.
  • Established – IG Group is an LSE recorded organization with a straightforward financial history and a lot of involvement in giving elegant trading administrations.


While IG doesn’t miss the mark in numerous spaces, there are a couple of drawbacks:

  • Inactivity charge
  • No live chat support
  • No social copy trading platform

Trading Hours

IG Index trading hours run 24 hours every day from 23:00 GMT Sunday (21:00 for forex) to 22:00 GMT on a Friday. For opening and shutting times for markets that don’t work nonstop, like indices and shares, check the ‘market info’ tab in the deal ticket.

The opening times of IG are diminished over UK and US bank holidays. The broker isn’t open on Christmas, New Year’s Day, and Easter Good Friday. Likewise, if these bank holidays fall on a Monday, IG may not open the Sunday night prior.

Note, IG has a good history of staying up with the latest with any change to their trading hours on their site.

Customer Support

IG Index’s customer support group is accessible nonstop from 08:00 GMT Saturday to 22:00 GMT Friday. Help is accessible in various languages through:

  • Telephone contact number – 0800 195 3100
  • Email address – helpdesk.uk@ig.com
  • Twitter – @IGClientHelp

There is additionally incredible peer support available through the Community portal. Clients will discover forums, blogs, tutorial recordings, and webinars. IG’s internet trading community is among the broadest we’ve seen, with assistance accessible on an entire host of issues, including if the site is down or then again in case charts are not working/experience a blackout. Information on the most proficient method to close an account and key agreements are clarified too. There is additionally a reasonable grumblings cycle to guarantee clients can get issues settled appropriately.

Stay aware of the most recent IG news through the broker’s social media channels:

  • Twitter
  • Facebook
  • YouTube
  • LinkedIn

IG Index’s London headquarters address is Cannon Extension House, 25 Dowgate Slope, London, United Kingdom, EC4R 2YA.


IG utilizes industry-standard security protocols to guard client information, including 256-bit SSL (secure sockets layer) encryption. There is likewise the alternative for two-factor authentication at the login stage. Joined with powerful regulatory oversight, we’re agreeable that IG is a secure and trustworthy broker.

Are IG Index Best for Day Trading?

IG is positively outstanding amongst other online brokers on the market. With more than 17,000 assets, wonderful customer support, and an extensive set-up of trading tools, IG is a great choice for the two novices and experienced traders.

Acknowledged Countries

IG Group acknowledges traders from Australia, South Africa, Thailand, United Kingdom, Singapore, Hong Kong, Italy, India, France, Germany, Norway, Sweden, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and most different countries.

Traders cannot utilize IG Group from Canada, Belgium, United States.

Alternatives to IG Group

In case you are searching for alternatives to IG Group, we have ordered a rundown of the top 5 brokers that are like IG Group beneath. This rundown of brokers like IG Group is arranged by similitude and just incorporates organizations that acknowledge traders from your area.

Pepperstone – Pepperstone offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities, and shares on MT4, MT5, and cTrader platforms.

Avatrade – Driving forex and CFD broker directed in Ireland, Australia, Canada, and South Africa. Avatrade are especially solid in integration, including MT4

FXTM – FXTM is a main forex and CFD broker. Offering an enormous range of markets and 6 account types, they oblige all degrees of trader.

Forex.com – Forex.com brag a worldwide reputation. Managed in the UK, US, and Canada, they offer a colossal range of markets, not simply forex, and offer exceptionally close spreads and a state-of-the-art platform.

IC Markets – Trade Forex on 0.0 pip spreads with the world’s driving Genuine ECN forex broker – IC Markets.


Is IG controlled?

IG is controlled by the UK’s Financial Conduct Authority (FCA). Likewise, the broker is directed in different wards across the world, including by the Australian Protections and Ventures Commission (ASIC).

What installment techniques are accessible at IG?

Traders can put aside installments and withdrawals through charge card, bank move, and PayPal. IG doesn’t charge any installment expenses, yet there is a base deposit necessity of £250 or money same.

Is IG a good online broker?

IG is one of the online apex brokers. Their retail trading offering is broad, with a large group of trading tools, instinctive platforms, low trading charges, and superb customer support.

Does IG offer versatile trading?

IG offers a downloadable portable application for iOS and Android gadgets. The portable trading experience is on a comparable standard to the desktop platform and makes trading moving direct.

Does IG offer stockbroking?

Indeed – IG presented stockbroking for its retail clients in 2014. More than 4,500 stocks and shares are accessible on IG’s trading platform.