IG Group | Review | CFD Trading Platform

IG Group | Review | CFD Trading Platform

IG Group | Review | CFD Trading Platform Review

Our Review

 

What is IG group?

10 points summary

How Protected are you with IG group?

Awards

Is IG group a Scam or Safe?

Account

Trading Instruments

Trading Platforms

Trading Fees

Deposit and Withdrawal Options

Education

Customer Support

Conclusion

 

 

What is IG group?

Established in 1974 as a pioneer company of its type IG (formally IG Markets Ltd) has been in the leading industry and truly built the concept of betting financial spreads that was introduced online in 1998.

 

At present, the company displays a global presence and provides trade solutions through offices in 13 countries located in the world's main financial district, which allows to reach clients throughout the world. The broker is headquartered in London (UK) and includes operations in the US, Australia, Japan, New Zealand, registered among European countries and Singapore.

 

The IG Group Holding PLC is a member of FTSE 250, the London Stock Exchange with one of the largest market capitalization of £ 3.1 billion (May 31, 2018).

 

Pros

Cons

Found decades ago

Deposit and withdrawal fees

Wide range of trading instruments

Only two base currencies available

Trading platforms are suitable for every experienced and non-experienced trader

 



 

IG Trading website

10 Points Summary

Headquarters

UK

Regulation

FCA, ASIC, CFTC, FINMA, MAS, JFSA, DIFC

Platforms

MT4, IG Proprietary

Instruments

Over 17,000 markets to trade based on CFDs currency pairs, commodities, indices, stocks, financial spread betting (available in the UK and Ireland)

EUR/USD Spread

0.6 pips

Demo Account

Offered

Minimum deposit

GBP 250

Base currencies

Numerous currencies

Education

IG Academy, Free trading courses, webinars

Customer Support

Available 24/7

How Protected Are You with IG group?

Well, there is a lot of worries about whether the broker is good or not, especially it will go to preferences or personal choices. However, with our opinion the GOD broker is a reliable broker. Apart from the establishment of the very strong IG, because he has operated in the future, his global scope and professionalism of making financial businesses as clear evidence that IG is a good broker.

 

Furthermore, in our IG review you will see more details of its proposition and see yourself that IG offers the most important trading conditions at an excellent level including education, costs and technology terms as well.

 

Pros

Cons

Regulated by IFSC 

None 

Negative balance protection

 

Hedging available

 


 

Awards

IG does achieve many progressive and industrial goals while recognized repeatedly for the services and technology they provide, as well as the work environment. Brokers have so many industrial awards, which are only better mention the most important and possible, some more recognition received over the last year only in the UK:

 

Based on income that does not include FX, IG is a retail provider of bets No.1 No.1 and Finance.

# 1 overall broker 2020

Best CFD Provider | ISA Provider's Best Stock and Stock 2020

Best Financial Application | Best Multi Platform Provider | Advfn 2018, 2019, 2020 

Is IG group a scam or safe?

The regulation imposes the first topic is the protection of client money, therefore funds are guarded through various ways while funds are held in separate accounts in the regulated bank, as long as the broker is authorized in leading jurisdictions. In addition, the broker regulated means the Overseen broker, which does not manipulate a trading account or place his client to risk, and of course not fraud.

Also, separation and regulations that mean money have never been used for IG business activities themselves and are fenced with the company's creditors. Additional rules mandate brokers to fall under the compensation scheme that will restore client deposits if bankruptcy occurs, and authority regularly oversee the broker in terms of their trust in the trade itself. 

Account

In connection with the opening of the account, IG makes it easy to understand a process, which does not require downloads, only mandating the verification process and identification of traders on the choice of your IG entity to trade with and the platform you choose.

 

Furthermore, IG does not discriminate against their clients based on the size of balance, there is only one basic account, which can be resolved into trading in minutes.

Also, there is no obligation to fund accounts immediately, first of all the account will be a demo account that allows you to trade with virtual € 30,000 and then transfer it to real trading by placing or deposit funds by placing or deposit funds.

 

How to open your account

Singing for an IG trading account is not a complicated process, you must follow guided registration and send your digital application form. Also, IG allows you to verify your account through existing FB or Google accounts, so that it gets almost instant access to a demo account and your trading account management area is completely smooth.

 

The following is actually the first steps you must follow to get an IG account.

 

Select and click the IG entry page (you might see the link above in our IG review)

Fill in your registration data (name, email, telephone number, etc.)

Confirm your account through a link received in your email (at this stage you will get access to demo trading)

Verify your identity and send documentation for review (can include evidence of housing, ID, etc.)

Complete Quiz to confirm your trade and qualification experience

After your account is activated, follow the money deposit.

IG Account


 

Pros

Cons

Islamic account available

None 

Demo account for practice is also available on an unlimited basis

 

Three live account types are available

 


 

Trading Instruments

In addition, all IG platforms are enhanced by 18 add-ons and free indicators, autochartists, technical analysis tools, and free VPS for expert advisors, and various small detail settings that increase the deal dealer.

 

Order type

In addition, because the process of smart trading requires an effective risk management tool that helps protect capital, Gift IG traders with extensive stops and limits that track funds easily with profit snapshots and losses that are always visible. Therefore, all, the IG platform and technology are indeed one of the best offers among the industries used.

 

Pros

Cons

Wide range of instruments

CFD instruments are highly risky

Both Forex and CFD instruments are available

 

Commission fee over instruments is zero

 

 

IG EurUsd trade



 

Trading Platforms

All IG platforms have been designed for the convenience of traders with choices of which devices to use and almost unlimited capabilities. This broker aims to create an easy-to-use platform while the technical development will take one of the main roles, and indeed, IG makes his job perfectly. The IG platform received many industrial awards and merchants of praise for the core well designed and various abilities

Web trade

Exclusive platform is a web-based trading software that does not require downloads, along with trading applications that are optimized for most smartphones and tablets. Advanced platform features include direct market access (DMA) throughout NDD connectivity, fire and the possibility to change it into a specialist platform with flexible access and professional resources.

 

see and feel it

What we really like is that this software is easy to use and understood. After you access a safe login, you will see the interface with a list of spectacles and options to manage accounts, search, portfolio settings, cost reports, and statistics, which are very necessary and then navigate to the graph.

 

Clean and simple graphics too, intuitively you can find the instruments needed and manage chart that is clearly a good added value for beginners, but professionals rank platforms with good features too.

 

Pros

Cons

Available in different languages

No bonuses 

Offers two popular platforms, cTrader, and MT4

 


 

IG Trading Platfrom

 

Trading Fees

Generally reviewing the cost of IG, the broker built its costs to be the basis of spread based on variable offers, meaning the spread varies at the underlying market prices and can increase because it widens market prices.

 

Spreads will be paid on every spread of Spread or Non-Share CFD, with an average of around 0.6 pips on forex, and with commissions on each CFD share or sharing trade carried out. In general, on the Margin IG is one of the lowest in the industry and is very convenient to use even for initial traders, because there are no additional fees.

 

As we mentioned, check the condition carefully according to your residence and your IG entity will trade, the same as a few examples for certain instruments and the difference in the price you see below.

 

Pros

Cons

No rollover fees

The tax applies if the deposit or withdrawal amount is less than $200 

No inactivity fees

 

No additional charges over products and stocks

 

Bonuses available

 

 

IG spread



 

Deposit & Withdrawal Options

Another important topic is the transfer of money to and from a trading account, while IG applies a transparent method for transactions that are relatively fast, you can also choose the best way for you to transfer funds

What is the minimum deposit for an IG account?

There are no requirements in minimum deposits, as well as additional costs for you to transfer money. However, you must verify with the condition of a particular jurisdiction deposit, as well as margin requirements for instruments that you will trade to cover the costs needed.

 

Deposit option

So a trader can choose the best payment option that is appropriate between the available deposit funds according to the cost of trading and starting to trade almost instantly. And once again verify the case option or another available in your area.

Main debit card / credit,

Bank transfer,

Using a paypal system,

Skrill or Neteller. 

Education

Other great points from IG as customer-friendly brokers are professional interactive education carried out through IG Academy and offer free trade courses, webinars, and many materials. With truly comprehensive educational material that increases the potential of trade and makes it possible to improve your skills if you already have it and to support you in the first step, you will find everything in accordance with IG.

Actually, IG Academy is one of the important cines in its global offer as well as one of the largest companies throughout the world that is widely invested in the education of traders and those who are interested in. IG organizes direct seminars with leading experts in this industry and are involved with several quizzes and interactive exercises so traders get great education. 

Customer Support

Another reflection of the global reach of IG and its popularity is excellent customer support. You are really borne by a quick response to queries in various languages, because various offices really represent all variations of nationality and the country.

 

Also, IG supports direct chat, social media, is available on a 24-hour telephone and gives you reliable and quality answers.

 

Pros

Cons

Best customer support system

None 

Fast in response

 

Support live chat agents

 



 

 

Conclusion

As a result, the IG Group as a large broker presented internationally with 40 years of experience standing in the origin of the industry, therefore is a very reliable, well-organized broker. Not many brokers, which can reach the same operating standards, because the IG group did it.

 

The competitive IG conditions for trading offer a variety of products, the benefits of the position of leverage for their own client perspectives, as well as technical support, customers, and regulations.

 

Actually, IG is also quite known for its online webinar and trade courses programs carried out through Academy IG and greatly enlarged the knowledge of traders.

 

Because we always encourage our readers, you just have to trade with a safe and safe trade broker or broker, and that's the rules of different levels and skills must remain. In particular, IG achievements seem very impressive, along with many awards received and thousands of global traders involving every day that overall defining attention to IG offerings.

Frequently Asked Questions (FAQs)

What are the types of accounts offered by IG group?

Standard, Nano, and the Max account are the three types of accounts offered by IG group.

 

Does IG group charge deposition and withdrawal fees?

If your transaction is less than $200, then yes, IG group does charge on each deposit and withdrawal.

 

Who regulated IG group?

The International Financial Services Commission (IFSC) regulates IG group.

 

Does a client from the US can trade with IG group?

No, IG group does not take clients from the US.

 

What is the minimum deposition requirement of the IG group?

The minimum deposit required by IG group is GBP 250.

 

IG Group | Review | CFD Trading Platform

IG Group | Review | CFD Trading Platform Licenses:

IG Markets Ltd - authorized by FCA (UK) Registration No. 195355.

IG Index Ltd - authorized by FCA (UK) Registration No. 114059.

IG Markets Limited - authorized by ASIC (Australia) ABN 84 099 019 851, AFSL 220440

IG Bank S.A - authorized by Finma (Switzerland)

IG Asia Pte Limited - Official by Mas (Singapore) Registration No. 200510021K.

IG Limited - authorized by DIFC (Dubai) Registration No. (F001780)

IG Securities Limited - authorized by FSA (Japan)

North American Derivative Exchange Inc. (NADEX) - authorized by CFTC (US) as a regulated exchange

 

Leverage:
1:30

Regulation:
FCA, ASIC, CFTC, FINMA, MAS, JFSA, DIFC

Min. Deposit:
250 GBP

HQ:
United Kingdom

Platforms:
MT4, IG Proprietary

Found in
1974

Write a comment on IG Group | Review | CFD Trading Platform