IG Markets Review: A Summary
IG Markets is a global online trading provider, offering spread betting, CFD trading, and share dealing services. It is one of the world’s largest retail forex providers, with over 170,000 active clients globally. The company was founded in 1974 in the United Kingdom and is now headquartered in London.
IG Markets is a world-leading online trading provider, offering access to a wide range of financial markets, including:
- Forex: Trade over 80 currency pairs, including majors, minors, and exotics.
- Indices: Trade major global indices, such as the FTSE 100, Wall Street 30, and DAX 30.
- Shares: Trade thousands of shares from around the world, including US, UK, and European companies.
- Commodities: Trade popular commodities, such as gold, oil, and natural gas.
- Cryptocurrencies: Trade Bitcoin, Ethereum, and other popular cryptocurrencies.
IG Markets also offers a variety of trading platforms, including:
- Web Platform: Trade directly from your web browser.
- Mobile App: Trade on the go with the IG Markets mobile app.
- API: Develop your own custom trading applications.
In addition to trading, IG Markets also offers a variety of educational resources, including:
- Free trading courses: Learn the basics of trading and how to develop your own trading strategy.
- Webinars: Attend live webinars hosted by IG Markets experts.
- Market analysis: Get the latest news and analysis from IG Markets’ team of experts.
IG Markets is a well-established online broker with a strong reputation, consistently ranking highly in industry awards and reviews. Here’s a quick overview of its pros and cons to help you decide if it’s the right choice for you:
Pros:
- Highly regulated: IG is regulated by multiple tier-1 financial authorities, making it a safe and secure platform for trading.
- Extensive product range: Offers a wide variety of assets to trade, including forex, shares, indices, commodities, and more.
- Award-winning platforms: User-friendly and customizable web and mobile platforms with advanced features and tools.
- Excellent educational resources: Provides comprehensive educational materials, webinars, and courses for beginners and experienced traders.
- 24/7 customer support: Offers multilingual support through phone, live chat, and email.
Cons:
- High fees for stock CFDs: Compared to other brokers, its fees for stock CFDs can be on the higher side.
- Limited product offerings in some regions: In certain countries, IG only offers CFD and options trading, excluding other asset classes.
- Customer support could be improved: While available 24/7, some users report occasional issues with response times and resolution efficiency.
Overall:
IG Markets is a reputable and reliable broker with a wide range of features and resources. However, its higher CFD fees and limited product offerings in some regions might be drawbacks for certain users.
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