IG Group forex broker reviews

IG Group is a global leader in derivatives trading

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2020-04-09 13:44:00

IG.com

 

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The broker is considered to be the largest player in the market of Great Britain and Europe, with the most powerful licenses. It is listed on the London Stock Exchange and is one of the two hundred and fifty largest companies in the UK. About three billion of their assets are published annually.

Opening an account is difficult with the verification procedure, but it's worth it - reliability is the best thing a trader should look for.

 

IG Group is a public company listed on the London Stock Exchange and included in the FTSE 250 index. According to data for 2018, IG served more than 195 000 active traders. Headquartered in London, it has 14 global offices on all five continents.

 

Registration

Registration is standard, we enter personal data, email and mobile phone number. You will need to answer a few questions to demonstrate that you accept the merchandise and the risks associated with it. You must provide a copy of your identity card (passport) and proof of residence, which may be a utility bill or a bank statement.

 

Deposit and withdrawal

You can top up your account by bank transfer and Visa/MasterCard bank cards. Both input and output of funds, without commissions. Only in the event of an urgent withdrawal from the deposit within 24 hours, a commission of £15 will be charged. In case of replenishment with PayPal, a commission of 1.5% is charged.

 

Trading conditions

The broker offers its clients two types of accounts: a demo (for 14 days) and a real account. The currency of the bill is the US dollar, the euro and the pound sterling. The minimum deposit amount is $200. Users have access to trade more than 15,000 financial instruments, including forex, CFDs on stocks, indices, commodities, bonds and cryptocurrencies. The company provides access to other global markets, including stocks. Leverage up to 1:200. Spreads floating from 0.4 points.

 

Trading interface

The broker offers its users its own trading web platform "IG Online trading platform", adapted for different types of mobile devices, as well as the well-known MT4. To test the operation of the trading platform, we opened a demo account. Deposit $10,000 provided. The IG web platform provides many information and analytical capabilities. I really liked the instant execution of orders, a lot of settings, the ability to open an order directly from the schedule, more than 100 technical indicators, a very informative news block. Each trader will be able to customize the platform to their preferences.

 

Security

IG Group companies are regulated and have licenses from major global regulators. In the United Kingdom, IG Markets Ltd (license number 195355) and IG Index Ltd (license number 114059) are authorized and regulated by the FCA's Department of Financial Conduct. IG Markets is regulated by ASIC and is licensed by the Australian Financial Services Authority, number 220440. The Singapore Monetary Authority (MAS) authorizes and regulates IG in Singapore (license number 200510021K). All clients' funds are separated from the company's funds and are kept in separate bank accounts with AA-rated banks.

 

Support service

24/7 customer support is provided by phone, online chat, e-mail or Twitter in several languages. To check the support service, we opened a ticket. Relatively quickly, within three hours, an answer was received by e-mail.

 

Conclusion

Traders who are looking for a reliable broker in the Forex and CFD market with many years of experience and worldwide presence prefer the IG broker. IG Group companies are regulated by local regulators in each country of operation. With a huge range of traded financial instruments, IG is ahead of many of its competitors. An excellent trading platform, suitable for even the most advanced trader.

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Damian

Damian

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I have been trading Forex for more than 5 years, mostly with manual and automatic trading. I set up advisors for round-the-clock automated trading. I'm sure I can help to establish your trading skills....

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