IG Supported Countries
Melbourne, London, Zurich, Geneva, Paris, Madrid, Milan, Dusseldorf, Stockholm, Krakow, Dubai, Johannesburg, Bangalore, Singapore, Shanghai, Tokyo, Spain, France, Switzerland, Australia
Deposit Methods
Credit Card, Bank Transfer, Debit Card, HK FPS
Platform Type
L2 dealer, ProRealTime and MT4
Instruments
Forex, Indices, Crypto, Shares, Commodities, Bonds, ETFs, Options
Margin Trading
Yes
Built In Wallet
No
Compensation Scheme
Yes
Regulated
Yes
Minimum Deposit
$300
Deposit Fees
Free (Show More)
Withdrawal Fees
The Minimum Amount You Can Withdraw To A Card Is $150, Unless You Have Less Than $150 Available On Your Account.
Trading Fees
0.6 Points On Key FX Pairs, 0.8 Points On Major Indices, And 0.1 Points On Commodities
Commissions And Spreads
$17.4, $15.6, $15.2 ; $12.4, $4.5, $10.7
Verification
Kyc Verification (Show More)
Table of Contents
IG Review & Platform Guide
Founded In 1974, IG Is Publicly Traded (LON: IGG) And Regulated In Six Tier-1 Jurisdictions, Making It A Safe Broker (low-risk) For Forex And CFDs Trading.IG’s Acquisition Of Tastytrade For $1 Billion Introduced Options Trading And Listed-derivatives (i.e. Futures) Trading To U.S. Clients.Alongside Finishing Second For Platforms And Tools And First For Research, IG Finished Best In Class (top 7) For Offering Of Investments (with Over 19,000 Tradeable Instruments), Commissions And Fees, Education, Mobile Trading And Professional Trading.
In Addition To IG Smart Portfolios And Share-dealing, IG Offers Listed Derivatives Including Options And Futures Trading In The U.S. And Europe, Alongside Its Forex And CFD Trading (and Spread Betting For U.K. Clients).

IG Account Types
IG Group Account Types Include The IG International Account, IG Domestic Account, IG International Demo, IG Domestic Demo Account, And IG Corporate Account. IG Offers Accounts In Usd, Gbp, And Zar.
The Main Features Of The IG Retail Investor Accounts Are The Range Of Trading Instruments Available. IG Is One Of The Largest Range Of Trading Instruments Found Among All Brokers. IG Offers Some 82 Currency Pairs, Common Options Like Commodities, Indices From Across The World, Cryptocurrencies, Share Cfd Plus Some Unique Choices Not Often Offered By Brokers Such As Bonds, Interest Rates, Etfs, Sectors.
IG Professional Account
Available To UK Traders With BIG Trading Experience, It Is DesIGned For HIGh-volume Traders That Manage A Trading Portfolio Of Over 500k, Work In The Financial Sector, Or Have Traded Leveraged Instruments Of SIGnificant Size Over The Past Year. With This Account, Traders Have Access To Increased Leverage But Will Not Have Negative Balance Protection.
Limited Risk Account
Traders In Australia, Switzerland, South Africa, Singapore, New Zealand And Dubai Will Be AssIGned A Limited Risk Account By Default When Joining IG. This Means To Open A Position They Must Purchase A Guaranteed Stop Loss. This Feature Is Excellent For Inexperienced Traders However Experienced Traders Will Want To Disable This Feature As Guarantee Costs Are Added To The Spreads.
Swap-Fee Account
Available To IG’s Dubai Clients, This Account Is DesIGned For Muslim Traders As It Has No Swap Fees Or Rolling Fees.
Share Dealing Account
IG’s Australian Clients Have The Option Of Share Trading With This Account. Unlike Trading CFD Shares, Traders Own The Actual Share, Which Means They Can Sell Them For Profit At A Future Date, Receive Dividend Payments And Gain Shareholder RIGhts.
SIPP Account
IG’s Self Invested Personal Pension (SIPP) Allows UK Individuals To Pick Where To Invest Their Personal Pension Funds In A Range Of Stocks And Shares. The Retirement Wealth Planning Investment Platform James Hay Partnership Will Handle All Your Account Administration.
Do Not Trade With Unregulated Brokers That Will Steal Your Funds - Try These Regulated Brokers:
XM Group Is A MetaTrader-only Broker That Offers An Outstanding Selection Of High-quality Educational Content And Market Research.XM Has Low Stock CFD And Withdrawal Fees. Account Opening Is User-friendly And Fast. You Can Use Many Educational Tools, Such As Webinars And A Demo Account.
FXTM Is A Regulated Broker, It Is Overseen By Top-tier Financial Regulators In Multiple Countries. FXTM Is Also Covered By Investor Protection In Selected Jurisdictions.
The Company Was Created As A Combined Effort Of Financial Professionals And Experts In Web-commerce With The Goal Of Perfecting The Online Experience For Retail Traders.
IGTrading Platforms
There Are Four IG Trading Platform Options For Forex Trading Including:
– The Core Web-based And App-based Platform
– L2 Dealer Utilising A ‘forex Direct’ Account
– ProRealTime With Automated Trading
– MetaTrader 4 (MT4).
IG Markets Core Trading Platform
The Core Forex Trading Platform For Desktop Devices Is Browser-based With No Downloads Required. The Platform Focuses On Flexibility When Forex Trading, With The Ability To Adjust Windows And Chart Layouts To Suit Your Needs. The Desktop Platform Also Includes Free Streaming Reuters News To Get The Latest Market Information Live.
L2 Dealer
L2 Dealer Is IG Trading Platform DMA (also Known As An ECN Forex Broker Platform) With Direct Market Access To Forex Liquidity Markets With No Dealer Desk Intervention. L2 Is Downloadable And Created For Advanced Traders Unlike The Core Trading Platform With Increased Complexity And Control.
L2 Dealer Has Arguably The Lowest Forex Fees Of The Platforms Offered By IG With Heavily Reduced Spreads And Instead Of Flat Commissions Charged Based On Turnover. It Provides Institutional-grade Forex From Twelve Global Large Banks. The Platform Has Smart Order-routing, Ensuring The Best Price Is Automatically Sourced From A Number Of Trading Venues.
ProRealTime
ProRealTime Is A Leading Web-based Package That Has Automated Trading Integration. The Platform Has 100+ Indicators Inbuilt That Covers Volatility To Prices.
MetaTrader 4
MetaTrader 4 Is The Most Popular Forex Platform With A Light Package That Can Be Downloaded For A Desktop And Associated Apps For Apple And Android Devices.
The Popularity Of MetaTrader 4 (MT4) Is Due To The Speed Of Execution And No Third-party Bridges. The IG Trading Platform Has Tight Spreads With IG Markets Across 70 CFDs And A Virtual Private Server. Below Shows The Spreads Of Major Pairings Which Are Higher Than Forex Direct.
How to Open an Account
IG’s Account Opening Is Seamless And Fully Digital. There Is No Minimum Deposit For Bank Transfers And A Low, $/€300 Minimum Deposit For Credit/debit Cards And PayPal. On The Other Hand, Account Verification Takes Around 3 Business Days, Which Is Slower Than At Some Other Brokers.
The Account-opening Process At IG Is Relatively Easy But Identity Verification Can Take Up To Two Days. Until Your Identity Has Been Verified, You Will Not Be Able To Use Your Trading Account. IG Offers Joint And Individual Accounts, But We Will Focus On Opening An Individual Account:
- New Traders Will Have To Click On The “Create Live Account” Button At The Top Of The Page, Where They Will Be Directed To Register An Account With A Country Of Residence, Full Name, And Email Address. You Will Also Have To Create A Username And Password.
- Once This Step Is Completed You Will Be Asked To Complete A Short Form That Will Help IG Understand The State Of Your Finances And Your Trading Knowledge.
- While Most Brokers Don’t Include This Step In The Account-opening Process, It Is A Responsible Move In An Industry That Is Often Accused Of An Irresponsible Approach To Consumer Protection.
- Once This Form Is Completed, Traders Will Have To Submit The Know Your Customer (KYC) Documentation
- IG Requires Proof Of Identification (such As Current Passport, ID Card, Or Driver’s Licence)
- Proof Of Address Such As A Utility Bill Or Bank Statement That Is Less Than Six Months Old.
- The Account Will Be Ready For Trading Once Documentation Has Been Verified, Which Can Take Two, Or Sometimes Three Days.
How to Deposit Funds?
- Log In To IG’s Client Area
- Look For ‘Deposit’ Or ‘Funding Menu’
- Choose Your Funding Method
- Provide The Necessary Details For The Transaction
- Check If The Payment Details Are Correct
- If You Are OK With It, You Are Ready To Proceed
How to Withdraw Money?
Open The App, Select ‘account’ At The Bottom Right And Choose The Account You Wish To Withdraw From, Then Tap ‘withdraw’.
EFT And Same Day Bank Transfers
A$/NZ$ EFT Withdrawals To Australian Or New Zealand Bank Accounts
Free Of Charge
Take Up To 3 Working Days
Same Day Bank Transfers In Australia
If Requested Before 11am (AEST)
Minimum Withdrawal Of A$2000
Incur A A$15 Charge
For A$ Withdrawals To Australian Bank Accounts Only
We’ll Send Out Same-day Bank Transfers If You’re Requesting A Minimum Withdrawal Of $A2000 Before 11am (AEST).
Customer Support
When You Contact A Broker, Whether You Are A Beginner Investor Or An Experienced Trader, You’ll Be Looking For Customer Service That Is Fast And Truly Helpful. These Qualities, In Turn, Will Depend On The Range Of Available Channels And The Relevance Of Their Responses.
IG Provides Close To 24/7 Customer Support And Gives Relevant Answers. However, Email And Phone Can Be Slow, While The Live Chat Is Offline Most Of The Time.
You Can Get In Touch With IG In The Following Ways.
- Live Chat
- Phone
Please Note That IG Is Not Available 24/7, So Keep That In Mind Before Reaching Out For Help With An Issue That Needs An Immediate Response.
Our Best Alternatives To Plus500 Are:
The Highest Ranking Competitors Are:
- Plus500 Review
- Alpari Review
- FXTM VS IG
- AvaTrade Vs IG