Pros
- World’s Largest CFD Provider
- Tight Spreads & Low Margins
- Competitive Rates
- Long & Short All Stocks
- Trade Out-Of-Hours
Cons
- Commissions for Single Stocks
- No Emergency Stop Loss
- Fees & Spreads Higher Than Some Competitors
- Inactivity Fees
IG Group Review
IG Group formerly known as IG Markets has been around for over 40 years and it has changed the face of trading. They are an established UK broker that developed the first online trading service and were the first to enable trading via an iPhone.
Tradeable Assets
IG Group trades in more than 10,000 markets. The markets that they trade in include forex, indices, commodities, and shares.
Account Types
IG has a variety of accounts for all types of traders. They offer flexible accounts, which do not have a minimum trade amount. Their micro account is for those who wish to trade 1,000 units; the mini account is for those who want to trade 10,000 units and the standard account who are looking to trade 100,000 units.
Contract Sizes Offered
The contract size that is offered by them has a minimum of 1,000 units.
Type of Broker
IG offers the options for both dealing desk and non-dealing desk brokers.v
Regulation
With regulation from the FCA, IG Group is a regulated trading website.
Platforms
IG Group has made themselves accessible and reachable to their customers whether they are at home or away with their web and mobile-based platforms.
Deposits Options
The deposit options include Bank Wire, electronic check, credit and debit card, and paper check, as well as popular e-wallets, BPay, China UnionPay and Paypal.
Withdrawal Methods
To withdraw your earnings from your IG account, you are able to do so via bank wire and paper check
Customer Support
The customer support department can be reached 24 hours-a-day, 7 days-a-week via email, fax, and phone
Languages
Accessible in 23 different languages: English, Spanish, French, German, Portuguese, German, Italian, Greek, Chinese Mandarin, Chinese Cantonese, Japanese, Korean, Thai, Vietnamese, Polish, Hungarian, Czech, Danish, Dutch, Russian, Hebrew, Hindi, and Bengali
Number of Active Clients
IG Group has become a popular trading website and they have more than 50,000 active clients worldwide
Address
IG Group Cannon Bridge House 25 Dowgate Hill London, England EC4R 2YA
Ease of Use
By recognizing their customers’ needs, IG Group offers a straightforward, easy-to-use mobile app. Their mobile app is kept up-to-date with each feature that appears on their website. Traders are also able to work on their trades on their own terms and at any time at is convenient to them.
Why Trade at IG Group
IG Group has become a well-recognized trading website with its wide variety of international markets. They offer two binary trading platforms, namely MetaTrader 4 and L2, as well as binary options on commodities, forex, and indices. Thanks to their regulation by the FCA, clients from the UK are able to trade with secured confidence. And, to keep their customers satisfied, IG Group has free and same day withdrawals.
To see how IG Group ranks against other industry-leading trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.
Risk Warning: Users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading CFDs. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser Disclosure: TopBrokers.Trade is an independent professional comparison site funded by referral fees. The compensation TopBrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.