IG Review 2022

IG founded in 1974 as a pioneer company of its kind IG (formally IG Markets ltd) been at industry forefront and actually built the concept of financial spread betting that introduced online dealing as early as in 1998.

Currently, the company featuring global presence and providing trading solutions through offices in 13 countries located in the world’s key financial districts, which enables to reach clients across the world. The broker headquartered in London (UK) and including operations in the USA (Find Forex Brokers accepting US Clients), Australia, Japan, New Zealand, registered among European countries and Singapore.

Account Types

At IG there is only one basic account, which can be settled up into the trade in minutes.

Demo Account

Also, there’s also no obligation to fund account immediately, firstly account will be as a Demo Account allowing you to trade with virtual € 30,000 and then transfer it to the real trade by putting or deposit of funds.

How to open your account

Singing in for IG trading account isn’t a complicated process, you should simply follow the guided registration and submit your digital application form. Also, IG allows you to verify your account through existing FB or Google accounts, so getting access almost instantly to Demo Account and your trading account management area is truly seamless.

Here are actually the initial steps you should follow in order to obtain an IG account.

1. Select and Click on IG Sign In page (you may see link above in our IG Review)
2. Fill your registration personal data (Name, email, phone number, etc.)
3. Confirm your account through a link received at your email (at this stage you will gain access to Demo Trading already)
4. Verify your identity and submit documentation for review (may include a residential proof, ID, etc.)
5. Complete quiz to confirm your trading experience and qualification
6. Once your account is activated, follow with the money deposit.

Platforms

All IG platforms have been designed for the traders’ convenience with a choice which device to use and almost unlimited capabilities. The broker aimed to create an easy-to-use platform while its technical development would take one of the primary roles, and indeed, IG made its job perfectly. IG platform received many industry rewards and traders compliments for its well-designed core and variety of capabilities.

Web Trading

A proprietary platform is a web-based trading software which doesn’t require a download, along with trading applications optimized for most smartphones and tablets. The advanced platform features including direct market access (DMA) throughout its NDD connectivity, APIs and possibility to transform it into the Specialist platform with flexible access and professional resources.

Desktop Trading Platform

However, you still can choose the famous MetaTrader4 to execute your orders along with its advanced chartings and tools, in case it is a better option for you. MT4 supporting various versions as well including WebVersion, Desktop Platform and Apps.

Mobile Trading Platform

The mobile trader is a necessary part of the modern trader as well, and IG integrates its platform feature into great Mobile Application where both Android and iOS devices are supported.

Mobile IG trading is almost the same powerful as its regular version, so whether you want to check real-time feeds, copy other traders or to perform any research it is all available. As well, trading apps enable spread bet and CFDs as a simplified process, which provides a great benefit to the trader and leverage advantage.

Trading tools

Additionally, all IG’s platforms are enhanced with 18 free add-ons and indicators, Autochartist, technical analysis tools, and a free VPS for an expert advisor, and a range of small detailed settings that enhances trader deal.

Customer Support

Another reflection of an IG global reach and its popularity is excellent customer support. You absolutely covered by prompt responses to queries in different languages, since the variety of offices truly represents all variety of nationalities and countries.

Also, IG provides help through Live chats, and social media, as well as it is available on Phone 24h and supports clients with reliable and quality answers.

Deposits and Withdrawals

IG Minimum deposit

There is no requirement on a minimum deposit, as well as no additional fee for you to transfer the money. Yet, you should verify with particular jurisdiction deposit conditions, as well as margin requirement for the instruments you’ll be trading in order to cover necessary expenses.

Deposit Options

So a trader can choose the best suitable payment option among available deposit funds according to initiate trading costs and start trading almost instantly. And again verify in case option or another available in your region.

• major debit/credit cards,
• bank transfer,
• using the PayPal system,
• Skrill or Neteller

IG Withdrawals

IG does not charge any commission for money withdrawals, traders can use wide withdrawal options including Bank transfer, Credit Debit cards, e-wallets, PayPal etc. 0$ fee is applicable on minimum withdrawal of 150$, while funds usually arrive at your account within 3-5 business days.

How do I withdraw money from IG?

1. Select and Click on Withdraw Funds’ at the menu through your account area
2. Fill in the required data and the withdrawn amount
3. Choose the withdrawal method available in your region
4. Complete the electronic withdrawal with the requirements
5. Confirm withdrawal request and Submit
6. Typically it will be confirmed within 3 days. You may check the current status through your account, as well as allow additional 3-5 days for your payment provider to process the transaction.

Is IG safe or scam

No, IG is not a scam. IG is regulated and authorized broker with numerous entities around the world where it all respectively operates under necessary financial licenses like FCA, ASIC (Learn about ASIC Regulated Blueberry Broker), CFTC, DFSA etc. Also, listed on Stock exchange which provides extra security.

Is IG Trading legit?

Yes, IG Trading is fully legit. The IG group of companies is heavily regulated by the top leading authorities worldwide due to its global presence by the appropriate bodies in the territory it operates. As the principal office of the IG is located in the UK, the broker respectively authorized by the Financial Conduct Authority (FCA) regulation, while the stocks and shares ISA accounts are provided by IG Markets Ltd and spread betting by registered IG Index Ltd.

In addition, the IG company units are regulated by the authorities in a number of countries, and is listed in a Stock Exchange, which gives not only an extra layer of trust but ensures in strong establishment basis.

IG 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 – authorized by MAS (Singapore) registration no. 200510021K
• IG Limited – authorized by DIFC (Dubai) registration no. (F001780)
• IG Securities Limited – authorized by FSA (Japan)
•  North American Derivatives Exchange Inc. (Nadex) – authorized by CFTC (US) as regulated exchange

Awards

The IG indeed achieved many of the progressive and industry goals while been recognized time and time again for both the services and the technology they provide, as well as the working environment. The broker has so many multiple industry awards, that its just better to mention the most important ones and maybe, few more recognitions received during the last year only at the UK:

Based on revenue excluding FX, IG is the world’s No.1 CFD and financial spread betting retail provider.

• #1 Overall Broker 2020
• Best CFD Provider | Best Stocks and Shares ISA Provider 2020
• Best Finance App | Best Multi Platform Provider | ADVFN 2018, 2019, 2020

IG pros & cons

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