IG Group Forex Broker

IG Group Forex Broker Broker Review

Justin Freeman

Broker Information

  • Company Name: IG Group
  • Founded: 1974
  • Country: UK

Platform Info

  • Platform: IG Proprietary and MT4
  • Web Based: Yes
  • Mobile Trading: Yes

Broker Services

  • Regulators: FCA
  • Leverage: 1:700
  • US Clients: No
  • Funding Methods: Wire Transfer, credit card, Web Money
  • Pairs Offered: 90+

Is it time to go with a leader in the forex and CFD brokerage space? If experience and industry accommodations, along with an ubiquitous global presence, mean something to you, then it is time for you to consider the IG Group (IG) of companies. This firm is the undisputed leader in CFDs and spread-betting services, sporting respective market shares of 55% and 36% in each market. Since 1974, IG has been an industry pioneer and innovator, amassing a global customer base of nearly 140,000 clients, all supported by a network of 17 sales offices located conveniently in major cities across the planet. IG is also a publicly traded member of the London stock exchange and of the FTSE 250. Its market capitalization is presently £3 billion, relieving any worry that you might have about capital adequacy. The “bigness” of this enterprise does not stop there. Total annual revenue turnover for the firm in their 2015 fiscal year was £388.4 million, and the company’s capital account is almost £500 million. Financial transparency and full financial disclosure are givens with this industry leader.

IG’s product offering is perhaps the largest in the industry, as well. They support over 10,000 market instruments worldwide, including CFDs, spot forex, spread betting and stock trading services. IG also wholly owns the North American Derivatives Exchange (Nadex), specializing in binary options and spreads. There are opportunities to trade stock indices, commodities, forex, and commodities. The best point of entry to this mega-consortium is through the IG Group website address. From there, you may access the various trading entities contained within its operating umbrella by tapping the IG.com button on the website. While on the primary website, you will be impressed by the long list of industry commendations, each singling out a specific component of the firm for its excellence. And, as you might expect, regulatory compliance from the highest level is assured from the FCA, the CFTC, and host of other regulatory bodies spread across the globe. IG is well-oiled machine that sets a high standard for all others to follow.

IG does not confuse or discriminate based on the size of your account balance. There is one basic account category, as well as a more professionally oriented account. Each account comes with a free demo system and access to over 10,000 market offerings at competitive spreads and leverage and their extensive library of support materials. IG also has its own proprietary trading platform and mobile applications that have received many awards, but Metatrader4 system choices are also available. A direct market access (DMA) system is also supported for high volume clients that prefer direct market matching of orders with global liquidity providers. Client deposits are protected via segregation with Top Tier banks, and bilingual customer service representatives are always at your beck and call, “24X5”, each and every market day. At the end of the day, you would be hard pressed to find a similar grouping of experience, product and service offerings, and industry expertise, all under one roof, in today’s milieu of forex brokerage firms. IG may be big and a powerhouse, but size does have its advantages.


Why trade with IGGroup.com? The firm lists these reasons:

  • Founded in 1974 and headquartered in London;
  • Began with spread betting and then pioneered online trading;
  • Expanded from the UK to 17 sales locations around the globe;
  • FCA and multi-jurisdictional regulatory oversight and compliance across the globe;
  • On the London stock exchange, member of FTSE 250;
  • North American Derivatives Exchange (Nadex) accepts U.S. traders (Check the website for restrictions);
  • Free demo account with Standard or Professional account classification;
  • Access to 10,000 asset offerings spanning all markets, including spot forex, stocks and CFDs in currency pairs, indices, stocks, commodities, bonds and precious metals (over 90 major, minor, and exotic currency pairs);
  • Proprietary award winning web-based trading platform with extensive feature set and mobile apps;
  • Other specialized platforms may appeal to professional traders that prefer direct market access (DMA) or Metatrader4 protocols;
  • Tight spreads vary by asset choice and type of trading protocol  – EUR/USD spread can be as low as 0.8 pips;
  • DMA platform matches orders with liquidity providers at variable pricing formats;
  • Extensive library of training, educational, and support materials;
  • Professional support personnel available “24X5” when markets are open;
  • Extensive list of industry awards that highlight excellence in all areas.


Trading Platform

IG has garnered a fair amount of industry praise for its proprietary web-based trading platform. Both it and accompanying apps have been recognized annually as the best in class for excellence and innovative feature sets. If so desired, you may still use the widely popular Metatrader4 series of trading platforms, along with other specialized trading systems that provide direct market access or more advanced charting and monitoring tools. The latest encryption technology is also used to protect confidential information for security purposes.

Deposits and Withdrawals

Credit and debit cards or banking wire transfers are the primary deposit methods. There are also other payment options, but there may be additional charges, depending on the third-party provider. Withdrawal requests will be handled in a prompt fashion, but only if internationally mandated personal ID documents are on file and in order.

Customer Support

IG takes a great deal of pride in its customer service area. This area has also received many awards for excellent performance. You can expect prompt responses to queries in a host of different languages, another reflection of the global reach of this firm. Live chat, email, or direct phone are the primary access methods, but you may also choose from 17 convenient office locations in major cities across the globe. IG also sets a high standard for training and support materials, as evidenced by its recent accreditation as the “Best Investor Education 2015 – Shares Awards.”

Spreads and Leverage

Spreads and leverage are competitive, but each may vary according to the asset chosen and the trading platform utilized. Pricing can be variable or fixed, but the EUR/USD spread, for example, can be as low as 0.8 pips. Leverage may be restricted to U.S. clients, in accordance to local law, but non-U.S. customers will find leverage as high as 700:1 for indices and in line with industry standards in other areas.


There are few forex and CFD brokers that can match the high standards set by the IG Group. From products offered to trading platforms supported, experience and industry leadership are present at every turn. The firm’s global footprint is impressive, and that also comes with regulatory compliance from a variety of jurisdictions at the highest level. Peace of mind is a given, and with over 10,000 tradable asset choices, all competitively priced, you can leverage IG’s position in the market to your own advantage with ease. Industry awards have been plentiful, just one more indication that IG is Top Tier and worthy of anyone’s consideration as their primary brokerage firm.

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

Justin Freeman

Latest news

AUD/USD in the 0.7350 Region, Jobs Data in the Spotlight
Quick Summary: Australian employment figures more buoyant than forecast AUD/USD hovering around 0. Read more
EUR/USD close to 1.1737 – what’s next for the euro?
The euro is floundering in the forex markets at the moment – and this trend was emphasised on Wednesday and into Thursday after the Federal Reserve meeting. Read more

Safest Forest Brokers 2020

Broker Info Best In Customer Satisfaction Score
#1 ForexTime LogoYour capital is at risk Founded: 2012 Global CFD and FX broker
Number One Broker
Best FOREX BROKER Visit broker
#2 Your capital is at risk Founded: 2012 Global Forex Broker
Number One Broker
Best Trading App Visit broker
#3 Forex Broker Pepperstone LogoYour capital is at risk Founded: 2010 Global Forex Broker
Number One Broker
Low minimum deposit Visit broker
#4 Your capital is at risk Founded: 2006 Globally regulated broker
Number One Broker
#5 BlackBull MarketsYour capital is at risk Founded: 2014 Global Forex Broker
Number One Broker
BEST SPREADS Visit broker

    Forex Fraud Certified Brokers

    LegacyFX Small Logo
    Forex.com Logo
    ATFX Logo
    BlackBull Markets Small Logo
    Plus500 Small Logo
    City Index Logo
    XM Logo
    OctaFX Logo
    HYCM Logo
    FXTM Logo
    VantageFX Small Logo
    Exness Small Logo
    skilling logo
    Oanda Small Logo
    IQ Option Logo
    Oinvest Small Logo