Regulated

Comment

United Kingdom

1974-01-01

8.19

Website

https://igroupinfo.com

Rating Index

Software

9.45

Licensed

9.52

Risk Control

2.89

Experience

9.51

Institution

9.53

Industry Classification

Unqualified

Trading Platforms

MT4, MT5, L2 Dealer

Basic Information

Registered Region

United Kingdom
Operation Status

Normal
Operating Period

1974-01-01
Deposit Methods

Bank Transfer, Credit Card
Website

https://igroupinfo.com
Market Type

Foreign exchange
Support Languges

English

Japanese

German

French

Chinese
Main Business

FX, stocks, commodities, cryptocurrencies
Business Type

Multi-asset broker
Social Media
Contact Details

sales.jp@ig.com', 'info.esp@ig.com', 'sales.cn@ig.com', 'helpdesk.en@ig.com

+44 (20) 7633 5431', '+61 (3) 9860 1799', '+81 0120-965-915', '+34 917 87 61 57', '+61 3 99886927
Type of Accounts

Standard, Demo
Trading Platforms

MT4, MT5, L2 Dealer
Withdraw Methods

Bank Transfer, Credit Card, E-wallet
Auto Trading

EA supported

Pros and Cons

Pros: Wide variety of markets and instruments; intuitive and customizable trading platforms; access to advanced technical analysis and charting tools; multilingual customer support; demo account available with virtual funds; no minimum deposit requirement. Cons: Fees and costs are not clearly specified; withdrawal processes are vague; minimum transaction sizes may be high for certain assets.

Company Background

IG is a UK-based broker founded in 1974, with a well-established reputation in the financial trading landscape. The company operates globally, regulated by several reputable authorities, including the FCA (UK) and ASIC (Australia). IG's corporate structure includes multiple subsidiaries catering to specific regulatory environments, enhancing its credibility and market reach.

Fund Security

IG implements robust security measures to protect client funds, including regulatory protections from the FCA and ASIC. Client funds are kept in segregated accounts to ensure safety in case of company insolvency. Additionally, IG participates in compensation schemes governed by its regulators, offering further fallback for client investments.

Account Opening

Opening an account with IG is straightforward. Traders can choose between a standard account and a demo account, with the demo offering $20,000 in virtual funds. There is no minimum deposit required for live accounts, enhancing its accessibility for new traders. The verification process is standard in the industry, requiring valid identification and personal details.

Trading Fees

IG features competitive trading fees, with spreads starting from 0.6 pips for major currency pairs. While specific commission structures are not detailed, users should be aware of potential inactivity fees and withdrawal fees associated with credit card deposits. Pricing is generally transparent, but hidden fees may occur in less liquid markets.

Trading Instruments

IG provides access to over 17,000 markets, encompassing forex pairs, stocks, indices, commodities, and cryptocurrencies. Major currency pairs, such as EUR/USD, are available, alongside various asset classes suitable for diversified trading strategies. However, it does not currently support trading in bonds, ETFs, or mutual funds.

Trading Technology

The broker's trading platforms, including MT4, MT5, and proprietary solutions, are equipped with advanced features to cater to various trading styles. Users benefit from real-time market data, numerous order types, and customizable charting tools, alongside mobile trading capabilities for on-the-go access.

Research and Education

IG offers a range of educational resources, including market analysis, webinars, and tutorials, catering to traders of all experience levels. The quality of content is generally high, helping traders improve their skills and strategies effectively.

Customer Support

Customer support at IG is available 24/7 via multiple channels, including phone, email, and live chat. Users report mixed experiences regarding response times and issue resolution, but overall, support is deemed adequate for most queries and concerns.

0 Comments

Share your thoughts Showing 6 of 0 reviews

Leave a Comment

You can fill in your answer in the dialog box below.

Submit

Licenses

Frequently Asked Questions

You can learn more about us faster and better through our FAQs, and find the answers you need below.

Rating Index

Regulated

Legal Environment

9.45

License Value

9.52

Risk Management

2.89

Investor Protection

9.51

Regulatory Policy

9.53

Software

Evaluates the regulator's legal foundation, organizational structure, leadership experience, and enforcement capacity. Focuses on whether it enforces strict regulations, maintains transparency and fairness, and engages in international cooperation and technological supervision.
Institution

Analyzes the regulator's policy framework, decision-making process, and enforcement transparency, including rule-making, internal control, and policy implementation effectiveness.
Licensed

Assesses the market value of the licenses issued by the regulator, including entry thresholds, compliance costs, approval duration, and overall global recognition and influence.
Risk Control

Evaluates the regulator's financial stability and risk management capacity, including budgeting, reserves, revenues, expenditures, and ability to respond to market or financial shocks.
Investor Protection

Examines the regulator's complaint-handling and investor protection systems, assessing fairness, responsiveness, and enforcement effectiveness in safeguarding investor rights.

Broker Ranking List

The Database of FXKNOWS comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. FXKNOWS doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. FXKNOWS will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by FXKNOWS are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

Special Note, the content of the FXKNOWS site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with FXKNOWS, the client should bear full responsibility for their consequences.