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. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). You should expect to put aside ten minutes or so (depending on how fast you type) to fill out some basic forms and check some boxes applicable to your personal finances and experience with investments.

• The swap-free account is suitable for clients of the Muslim faith who cannot receive or pay swaps due to religious beliefs.
• IG is publicly traded and holds numerous regulatory licenses across the globe, as well as a banking license in Switzerland.
• IG has excellent customer care which includes a live chat that is available 24 hours a day and a collection of FAQs to help you with any questions you might have.
• You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.
• This means that the broker is not allowed to use clients’ funds in their business activities and that client money is completely ring-fenced and protected in the unlikely event that IG becomes insolvent.

The average execution speed is less than 0.027 seconds from submission to fill. On L2 Dealer, you will be able to trade shares or Forex straight through the order books of international exchanges. The platform offers news feeds from Reuters, real-time charts, and market commentaries. Also, you can set alerts to notify you when your pre-determined market conditions are met. The alerts can be set to monitor bid and ask levels, net price change, and percentage price change. IG broker offers 3 major trading platforms, which are MT4, ProRealTime, and L2 Dealer, to enable traders to take control while trading in a smart way.

BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. Getting you the best price and minimizing the total cost of the transaction takes precedence over all other factors. The MT4 is available as a desktop application for Windows and Mac computers, a web-based platform (WebTrader), and a mobile app for Android and iOS devices. The WebTrader can be accessed through all popular web browsers, such as Chrome, Safari, Firefox, and Edge. The Bermuda Monetary Authority, which regulates IG International Limited, requires the firms they supervise to hold client funds in accounts separate from their own.

CFD trading of stocks requires less upfront capital than Stock trading. CFDs are a leveraged instrument, so only the margin needs to be invested to gain full exposure to the trade. However, it took around 3 business days for our account to be verified. The CompareForexBrokers team created a trading platform selector so you can work out what trading software best matches your trading needs. I recommend you complete the short 5 step questionnaire which will help you determine your most suitable forex platform.

Unlike ECN Brokers brokers, market maker brokers ensure that your orders will always get filled without any requotes. However, traders need to keep in mind that IG is the single counterparty to your trades. When trading shares CFD and ig group review spread betting, clients can profit off the stock’s price movements with a small margin invested.

Popular Forex Broker Reviews

This is complemented with mobile apps (iOS and Android) for any device, including tablets, which integrate with the web-based platform. IG offers a wide range of trading platform options that are superior to forex brokers across forex and CFDs including MetaTrade 4, TradingView, IG Trading Platform, and L2 Dealer. If clients prefer to trade with No Dealing Desk Brokers, then IG offers direct market access trading execution.

Learn to trade

Learn more about why most forex traders lose money by checking out my educational series about forex trading. IG has over 18,000 markets and offers different sections for new and experienced traders to make trading as simple to understand as possible. Finally, traders get free trading courses and webinars via IG Academy to hone their skills. IG offers over 17,000 CFD products, including Forex, indices, cryptocurrencies, shares, commodities, and more.

• Become a better forex trader with the free, interactive courses on IG Academy.
• The broker is licensed by the Bermuda Monetary Authority and UK’s Financial Conduct Authority (FCA).
• For example, clients of IG South Africa must deposit at least 4,000 South African rand (ZAR), whereas at IG Japan the minimum is 35,000 Japanese yen (JPY).

IG Forex Trading Fees and Commissions

Normal stops will close your position automatically if the market moves against you. Once you’ve chosen a currency pair to trade, you need to decide whether you want to ‘buy’ or ‘sell’, based on your analysis. Before choosing an FX pair to trade, you should carry out fundamental analysis and technical analysis on the two currencies in the pair. This means you should assess how the ‘base’ (the currency on the left) and the ‘quote’ (the currency on the right) move in relation to each other. Webinars – IG Forex hosts regular webinars on a variety of topics, including trading strategies, market analysis, and risk management.

Range of investments

But, IG re-entered this market in 2019, which is a bold move that demonstrates its commitment to making itself a global presence. Yes, IG is a legit, highly trusted broker with nearly 40 years in operation and a strong reputation as a well-regulated company. IG is publicly traded and holds numerous regulatory licenses across the globe, as well as a banking license in Switzerland.

Start trading now

Find out more about forex trading and test yourself with IG Academy’s range of online courses. That’s because these pairs represent some of the most widely-circulated currencies and so they attract the most traders. This results in a greater amount of price movement as the balance between buyers and sellers constantly shifts.

This platform also offers browser-based research tools such as streaming news, economic calendar, and signals. As a web-based trading platform, it runs directly on modern web browsers without the need to first download or install an application. IG is truly an international forex broker with over 45 years of experience in the financial markets.

Depending on conditions in the underlying market, our spread can be as low as 1 pip on currency pairs such as EUR/USD and USD/JPY. Spreads start from 2 pips on GBP/USD, EUR/GBP and many other major currencies. We offer competitive pricing with tight spreads from 0.8 pips, over 80 forex pairs, fast execution, and multi-platform access.

IG broker has an academy where free online courses, webinars, and seminars are provided to broaden your horizon and deepen your knowledge about trading. IG broker is regulated by the FCA and other authorities in jurisdictions where IG operates, such as the DFCA for Dubai and ASIC for Australia, to name a few. It is important to note that a withdrawal will take up to 3 working days by bank transfer and between 2 and 5 working days for a card account.