IG Review The original & still the best spread betting broker

Jenna Arnold has always been fascinated by the stock market and the world of trading. Jenna joined TradersBest.com last year and now heads all of our trading content, working remotely from her home in Massachusetts. In the IG platform, you have quick access to news, the IG Twitter feed, market signals, and the IG economic calendar. IG Group also owns DailyFX, a free, online forex news website. Through both sites, you can find webinars, articles, and other resources to learn more about forex trading.

They’re best suited for investors who are looking for an assortment of assets. When engaging in online trading with platforms such as IG, it’s crucial to thoroughly evaluate IG as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your IG investments to thrive.

ig broker review

There is also a fee charged for overnight trades, which again is fairly standard. Finally, there is a £12 inactivity fee if no trades are made for 24 months. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, ig broker review exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. IG supports its own easy-to-use, web-based platform as well as MetaTrader 4, an international standard for forex traders.

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We tried communicating via IG support in multiple languages across multiple countries. You can download the IG app or also trade with IG through the MetaTrader 4 application on the Apple app store. The value of investments can go up as well as down and you may receive back less than your original investment. After launching in 1974, their consumer base has increased to 178,500+ clients.

The option most novice traders will start with is IG Broker’s own proprietary web-based trading platform. This is a very well developed tool and despite being simpler than MT4, it offers a great selection of tools and metrics that will meet the needs of all but the top-level trading professionals. The interface is easily customizable by dragging and dropping to rearrange the windows and puts plenty of innovative tools at your fingertips. The former is a market-leading charting tool that picks up market patterns and identifies trading opportunities.

ig broker review

Please ensure you fully understand the risks and seek independent advice.By continuing to use this website you agree to our terms and conditions and privacy policy. EToro also offers a Copy Trading feature that you won’t find at IG. This allows you to trade in a passive manner, as your chosen investor will place buy and sell orders on your behalf.

Trading Instruments

You’ll find a wide selection of charting and platform tools and quick workspace tools. You can place a trade on the web platform by searching for your preferred asset and clicking on it. First, the trading window will be populated with a chart and other useful information.

If the trader is from the UK and they would like to fund their account, it requires a minimum deposit of 250 euros, and the withdrawal and deposit fees are completely free. If the US traders are funding through the card, they might need a minimum deposit of $250. Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. We established a rating scale based on our criteria, collecting over 3,000 data points that we weighed into our star scoring system.

If like us you are trading outside of standard market hours, the button will be greyed out. Other than the above, the IG app does not offer anything else in the form of research. If you want to trade CFDs, you’ll need to open a dedicated CFD Account at IG. ForexPeaceArmy.com https://broker-review.org/ has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.

  • It’s important to set your expectations beforehand when you compare IG to other traders.
  • The more advanced user also has the option of trying out the MetaTrader4 platform as part of the demo account.
  • Click on the one that you want to exit, and confirm the sale.
  • This is the case with all asset classes apart from stock CFDs.

You can practice your trading strategies before opening a real account with a demo account with £10,000. Yes, IG is an excellent broker that ranks at the top in nearly all key categories of importance to traders. ForexBrokers.com is a privatley held, Certified B Corp company. Among the 82 low-income and lower-income countries designated by the World Bank, ForexBrokers.com served nearly 450,000 visitors in 2021.

IG Review: Pros & Cons | Updated for 2023

E­mail, social media, and a comprehensive FAQ round out above average contact options. If all else fails, a well-­documented customer complaint procedure should assist in grievance resolution. Online customer support is available in several languages, which enhances IG’s appeal to a broader client base. The broker also runs satellite offices to support licensed operations in several regions.

ig broker review

IG’s online trading platform provides users with access to a wide range of markets, advanced charting tools, risk management tools, and a mobile trading app. This comprehensive offering provides traders with the resources they need to trade successfully and make informed decisions. The platform’s intuitive design makes it easy to use for both beginner and experienced traders alike, allowing them to take advantage of different market opportunities. With its diverse range of features and options, IG’s platform is an excellent choice for traders looking to access a variety of markets in one place.

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We offer expert reviews, comparison, news, analysis, interviews and guides so you can choose the best provider for your needs. IG’s share dealing account is one of the cheapest of all the major stock brokers in the UK. You can buy UK shares from £3 per trade and there is no commission for buying US stocks. IG’s trading platform has gone through many iterations in the 20 years or so I’ve used them. Their first online platform was just really a live price feed with a messenger box, that put you through to the dealers, who would manually execute trades for you. Now, of course, it’s all DIY online, but still with phone support if you need it.

You can either call them directly or send an email to You can also reach out to IG via Twitter. The news section updates throughout the day, so in theory – you should never miss an important development. We also like the market data that is provided on each asset that you wish to trade. This provides information on metrics such as lot sizes, average pips, stop-losses, and market hours. This covers all asset classes that are available in the CFD and spread betting departments.

Of course, aside from the impressive regulatory credentials, another way of verifying the firm’s track record for security and reliability is by checking out IG broker opinions in general. Most US users agree that the platform is extremely secure and well regulated with no reported breaches or violations. The first experience most users will have of a new platform will be its website. As such, this seems as good a place as any to kick off our IG Broker USA review. Telling me that I have to call to trade / close my position and then charging me additional fees to do so. Customer service is available by phone with a call to the Chicago area.