IG Markets Review 2023 – Pros and Cons

UPDATED ON :

IG Markets is a leading provider of online trading services, offering access to a wide range of financial markets including forex, stocks, indices, commodities, cryptocurrencies and more. The company was founded in 1974 and is based in London, UK, with additional offices located in various countries around the world.

IG Markets is regulated by multiple financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Monetary Authority of Singapore (MAS), and the Dubai Financial Services Authority (DFSA). This ensures that the company operates in a transparent and secure manner, and provides its clients with a high level of protection and safety.

The platform provides advanced trading tools and features, such as technical analysis indicators, risk management tools, and a variety of order types, including stop-loss and limit orders. It also offers a range of educational resources to help traders improve their skills and knowledge, including webinars, trading guides, and video tutorials.

IG Markets has won multiple awards for its trading services and platforms, including the “Best Multi-Platform Provider” award at the ADVFN International Financial Awards in 2020. Overall, IG Markets is a trusted and reputable online trading provider that offers a comprehensive range of services and tools for traders of all levels.

IG Markets Ltd

Brokers Name

IG Markets Ltd

Regulation

ASIC, BaFin, DFSA, CFTC

Established

1974

Headquarters

United Kingdom

Trading Desk

Market Maker

USA Clients

Yes

24H Support

Yes

Weekend Support

no

Website Language

English, Swedish, Danish, Norwegian, Russian, German, Italian, Spanish, Portuguese, French, Dutch, Japanese, Arabic

Account Details

Accounts

Live Account, Demo Account

Min. Deposit

$100

Base Currencies

AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD

Leverage

1:500

Spreads

0.8 pips

Fixed Spread

Yes

Margin Call / Stop Out

50% / 20%

Trading Platform

MT4, L2 Dealer, ProRealTime

Trading Instruments

Bonds, Commodities, Cryptocurrencies, Digital 100s, Stock CFDs, ETFs, Forex, Indices, Interest Rates

Pros

  • Provides access to a wide range of financial markets
  • Offers advanced trading tools and features
  • Regulated by multiple financial authorities for safety and security
  • Offers educational resources for traders of all levels
  • Won multiple awards for its trading services and platforms

Cons

  • Fees and commissions may apply
  • Not all markets may be available in all countries

Trading Features

Commission

Yes

Mini Accounts

no

Standard Accounts

Yes

VIP Accounts

no

Pro Accounts

Yes

Islamic Accounts

Yes

Segregated

no

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Bank transfer, Payment cards

Withdrawal

Bank transfer, Payment cards

Contacts

Phone

+44 (20) 7633 5430

Email

newaccounts.uk@ig.com

Address

Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *