IG Customer Reviews, News & Expert Rating

You can access both of these trading platforms via the main desktop website, or via your mobile device. As part of IG’s quest to educate its customers, the platform maintains a glossary of terms that are common in the trading market. Most of the terms are financial, but they are of massive significance to traders’ understanding of their activities. The collection of terms is rich, having been started 45 years ago when IG Index began to operate. Notably, IG not only defines the terms but also explains them in a very understandable manner.

Trade On-The-Go with the IG App 📱

The demo trading account of IG is available for every single client of IG. This account can be a great way for beginners to get started in the financial markets. Thanks to the demo account, beginners can test out the offerings of the broker without having to risk any of their real-life funds. To be able to trade all markets at IG, we think you should deposit at least 1,000€ or more. IG is not a broker specializing specifically in small clients with accounts of a few euros. The broker and the offer are made to trade with high volume with good execution and pricing.

Compare top platforms, fees and features to make an informed trading choice. These are non-leverage account types that let you trade stocks and shares. As IG is https://traderoom.info/is-ig-a-truly-reliable-brokerage/ a third-party broker, the platform is responsible for executing your trades – as opposed to buying and selling assets on your behalf. In other words, you will need to choose the financial instruments that you wish to invest in, as IG cannot give you any investment advice. In terms of the fundamentals, IG is regulated by several tier-one licensing bodies. Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis.

Account Opening

IG Trading Affiliates can earn for each qualified client introduced to IG. Make a minimum deposit of $2,000 to open a live account and trade CFDs with IG to get a bonus of up to $888 for new members. The current promotion is available from October 1, 2024, through May 31, 2025. IG also has another incentive for the Referral Program, through which you can get up to $10000 throwing referrals in the direction of the company. IG is a world-leading online trading provider that caters to South Africans and International investors.

The above trading fees are online only and a fee of £40 to £50 is charged for dealing over the phone. IG encourages users to seek assistance from others in the community. IG does not charge any deposit fees unless you are funding your account with a credit card or making a same-day transfer of less than £100 or equivalent.

Does IG have a Stocks & Shares ISA?

Reports and daily analysis are emailed to anyone who signs up, and 24-hour support is available. IG Markets research and analysis is comparable with most other large international brokers, with a constant feed of news and thoughts from the in-house trading team. MetaTrader4 is intended for Forex specialists and is an ideal platform for trading CFDs and spread betting. Advanced MT4 charts, chart trading features, and market orders, including limits, stops, stop-loss and take-profit features are available free of charge. While IG Markets does not publish its overnight financing rates (swap rates), these can be viewed via the trading platform. For Forex trading, IG Markets charge the swap fee based on the current tom-next rate.

Yes IG does have a SIPP account where you can invest in individual shares or their Smart Portfolios. IG partner with Options UK Personal Pensions LLP who are an independent pension administration company providing specialist pension services and products to the UK market. IG offers spread betting, CFDs, forex and investing accounts through IG Markets. Yes, IG’s trading platform is ranked by us as one of the best in the UK. IG’s trading platform is specifically good for high volume traders that require deep liquidity.

  • Ida is a financial writer with a degree in Digital Marketing and a strong background in content writing and SEO.
  • MetaTrader4 is intended for Forex specialists and is an ideal platform for trading CFDs and spread betting.
  • They are also one of the cheapest brokers for holding positions overnight.
  • In addition to five types of charts, there is also a tick chart – a helpful feature not offered by all Forex brokers.
  • IG provides a high level of customer support, with phone support available seven days a week, in addition to live chat and email.

The referral scheme is a ploy – refused one out of the four referrals I made, the other three didn’t even make it to my account?? Great service in terms of response to client queries.Keep it up.I really appreciate it. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.

IG Live is a live TV stream where you can discover markets to track, live technical analysis or plan ahead with hot takes on what’s likely to happen tomorrow. For extra peace-of-mind against slippage and volatility, you can also set a guaranteed stop which you’ll only pay for once your guaranteed stop is triggered. This pioneering broker invented spread betting back in 1974, so it goes without saying that it knows a thing or two about this tax-free financial derivative. Provided at a fraction of the cost of traditional wealth managers, it provides an opportunity for you to invest in low-cost portfolios tailored to your financial needs. Your investment is spread across diversified portfolios decided by BlackRock’s investment management team with the aim of delivering robust annual returns.

Step 3: Make your deposit

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. IG’s mobile app, IG Trading, competes with the best in the industry and won our 2024 Annual Award for #1 Mobile App.