In this IG Review, we are going to take a look at the offer that this broker prepared for its traders. IG is regulated by the ASIC in Australia and by the FCA in the UK. IG operates on the financial market since 1974. When it comes to trading platforms, the broker features WebTrader and MetaTrader 4. The IG minimum deposit is 1 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this IG Review
Website address: | ig.com |
Operated by: | IG group |
Licensed and authorised by regulatory bodies: | ASIC FCA FSCA DFSA NFA |
Supported languages: | English |
Customer support available via: | |
Contact details: | [email protected], (44) 207 896 0079 |
Available deposit methods: | Bank transfer, VISA, MasterCard, PayPal |
Available withdrawal methods: | Bank transfer, VISA, MasterCard, PayPal |
Minimum deposit: | 1 USD |
Min. trade in lots: | 0.01 |
Spreads: | Typical spread on the currency pair EUR/USD - 1,2 pips * on standard account type |
Tradable assets: Might be a CFD. | Forex (105), stocks, commodities, cryptocurrencies (10) |
Mobile app: | |
MetaTrader 4: | |
Other trading platforms: | WebTrader |
Social trading: |
IG Fees (typical spreads)
We have scanned fees (typical spreads) that IG charges when trading popular currency pairs, here is their breakdown in pips.
EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
---|---|---|---|---|---|
2,0* | 1,2* | * | * | 2,0* | * |
*Typical spreads were recorded on 17.01.2020 at 21:21 for the standard account. IG spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: Plutus, FXPace, ACMBrokers and TradedWell
Frequently Asked Questions
🧐 Is IG a Scam?
IG is a broker licensed and regulated by the ASIC, FCA, FSCA, DFSA and NFA. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that IG is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the IG minimum deposit?
In order to start trading with IG, you have to deposit at least 1 USD.
📵 What deposit and withdrawal methods IG supports?
⚖️ Would you recommend me choosing IG?
We don’t have our own personal experience with IG. However, because the broker is regulated by the ASIC, FCA, FSCA, DFSA and NFA, there is a high chance that it is not a scam. With that being said, it still does not mean that IG is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.