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This feature allows traders to react to news, manage positions, or enter new trades even outside of regular market hours. IG makes it easy to enter the markets by offering a $250 minimum deposit, fast account setup, and a selection of account types. Whether you’re brand new or experienced, IG provides a secure and user-friendly platform with flexible funding options and a risk-free demo environment. You can open a live trading account with IG by depositing a minimum of $250.

Company

The three advanced platforms and the core platform offer one of the Best Forex Demo Accounts. This allows forex traders to try the platforms risk-free and test out IG’s customer service to make sure it suits their needs before trading with real money. IG is suited for beginner traders as it’s one of the world’s largest and best-known forex brokers. We found their platform was one of the easiest to use and their online training portal and education are one of the best if you are new to trading. Traders seeking a reliable forex broker have a wide variety of features to consider. IG, AvaTrade, and Plus500 each offer strong platforms, diverse regulation, and beginner-friendly terms, but they differ in leverage, spreads, and platform support.

Forex Direct has overall the lowest spreads , but commissions can be high for traders who have low volumes. For such traders, it’s recommended to view the list of the Best Forex Brokers In Australia or the Best Forex Brokers In UK. A comparison of the leading forex brokers found the spread and commissions using Forex Direct (their ECN broker account) was in the ‘mid-range’ when it came to this trading brokerage. IG offers several platforms, including its proprietary web platform, 🇺🇸 MetaTrader 4 (MT4), ProRealTime, and L2 Dealer.

Inactivity Fees

• Forex is always traded in pairs which means that you’re selling one to buy another.
• You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.
• IG offers multiple execution methods beyond the market maker option available on its standard account.
• Exotic currency pairs, or ‘exotics’ for short, are made up of one major currency along with another from a small or emerging economy.
• This is why currencies tend to reflect the reported economic health of the region they represent.

Traders who are looking to profit from some of the world’s most popular stocks can consider trading stock CFDs with IG. You can trade share CFDs on over 13,000 shares from companies worldwide and across a range of different sectors. IG’s stock CFDs offering also includes stocks from Asia, UK, as well as FANG stocks. A $6.00 commission for a 1 Lot trade on the DMA account is fair compared to Axi, which charges $7.00. However, it is higher than what Fusion Markets charges on its Zero Spread Account ($4.50 commission per round turn), which is among the most competitive offers within the industry at the time of writing. The Financial Conduct Authority is a reputable financial regulatory body in the United Kingdom.

Live forex spreads starting at 0.8 pips on major pairs like EUR/USD

The following table summarizes the different investment products available to IG clients. We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system. Learn about our $0 commission2 model, and see how tight our spreads are for EUR/USD, USD/JPY, and more. Backed by Industry Legends—Established in 1974, IG Group provides 17,000+ markets to 300,000 clients worldwide. Voted #1 Overall Broker1 by traders who know the difference between biggest and best.

About our accounts

71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Trading these financial instruments involves the high risk of losing money rapidly.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Account funding at IG

Major economies such as Brazil and India are simply absent from this platform, as are emerging markets such as Kenya. IG offers one of the most well designed trading spaces this reviewer has ever used. IG does not offer many products or services, which makes it easier to design an uncluttered workspace. Ultimately, this is just an extraordinarily well designed trading platform.

This platform also offers browser-based research tools such as streaming news, an economic calendar, and signals. As a web-based trading platform, it runs directly on modern web browsers without the need to first download or install an application. IG Group has been at the forefront of the online forex and CFDs industry since it went live in 1974. As of May, 2025, the brokerage offers award-winning platforms with market-leading trading services to over 820,000 clients in 19 countries across five continents.

• This is how you will usually see these cryptocurrencies quoted elsewhere, too.
• It’s also worth noting that IG has a market capitalization of 2.46 billion GBP (as of October 2023) – learn more about why these things matter by visiting our Trust Score page.
• Although the forex market is closed to speculative trading over the weekend, the market is still open to central banks and related organisations.
• IG’s size allows it to provide scalable execution across the board – regardless of the product being traded.
• Their range of available financial assets compares well to other big brokers, such as OANDA and Fusion Markets.

(see our IG U.K. share dealing review), Germany, and Australia to access international stock exchanges, via its share trading account. In addition to forex options, IG offers exchange-traded Turbo warrants as part of Spectrum, its Multilateral Trading Facility (MTF) in Europe, and ig group review listed derivatives in the U.S. via tastytrade. While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken by forex traders to earn a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile – which is something to be aware of before you start forex trading. You should familiarise yourself with these risks before trading on margin. A trading platform is computer software which market participants can use to research, place, monitor and edit trades with a broker or other financial intermediary.

IG’s broad range of offerings, combined with excellent educational resources, makes it a superb multi-asset broker for both seasoned traders and newcomers alike. BestBrokers.com is free to use for everyone and it may earn a commission from some of the listed trading platforms with no additional cost to you. IG makes this process straightforward by supporting multiple deposit methods without charging any deposit fees. Accounts can be opened and funded in various base currencies, including AUD, USD, EUR, GBP, NZD, SGD, JPY, and CAD.

If you’re considering spread betting and having the option to trade at the same time CFDs, IG Markets is among the few online brokers offering both leveraged products. IG clients can open spread bets for CFD trading in both market directions (long and short) across more than 16,000 financial instruments. The most popular markets that can be traded with CFD accounts include currency pairs, shares, cryptocurrencies (Bitcoin and Ethereum), ETFs, and much more. IG is a regulated online trading broker that offers traders access to over 17,000 financial instruments across different asset classes, including forex, indices, cryptocurrencies, shares, and commodities. The broker provides traders with various advanced trading platforms, such as the MT4, L2 Dealer, and more. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

IG’s technology focuses on stability, speed, and achieving improved pricing within the forex trading market. IG’s pricing model is also able to fill 98.3% of their market orders within 0.014 seconds across all trading platforms, including the spread bets. At IG, retail investors can profit from consistent liquidity and advanced dealing options that ensure forex traders will always get the desired exchange rate with zero slippage on 89% of their trades. Traditionally, a forex broker would buy and sell currencies on behalf of their clients or retail traders. But, with the rise of online trading, you can buy and sell currencies yourself with financial derivatives like CFDs, so long as you have access to a trading platform.

IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited. Zero in on price action with our clean, fast charts, deepen your analysis with advanced ProRealTime and Autochartist packages. Build forex trading algorithms to execute automatically, even if your machine is off. Log in to your account now to access today’s opportunity in a huge range of markets. Forex is the world’s most-traded financial market, with transactions worth trillions of dollars taking place every day.

Open an account quickly and easily – you could be set up and trading forex today. Become a better forex trader with the free, interactive courses on IG Academy. For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. Learn how to manage your trading risk with our range of tools and resources.

This has resulted in 1.8 million points of positive slippage to clients, which is equivalent to nearly £3.3 million that were passed on to IG traders. The most popular feature of the core platform is that it allows IG shares trading. This allows you to trade shares across stock exchanges in Australia, the USA, Ireland, Germany and the UK. The combined forex and share trading CFD accounts solution means that IG customers can benefit from an all-in-one financial services solution. Their most popular platform is their own ‘core platform’ which is browser-based spread betting and CFD web platform designed for on-the-go FX traders as no downloads are required.

Withdrawal Options and Fees

As discussed earlier, L2 Dealer is the advanced choice for those looking to trade CFDs and also share trade. If you’re in the market for a reliable online broker, IG is an excellent choice for both seasoned traders and those just starting out. The trading platform is feature-rich but remains user-friendly, making it accessible for everyone. While, for a dedicated forex trader, the fact that IG offers mostly common currency pairs may prove limiting, it is an otherwise excellent and well-designed trading platform. Just remember, while the field isn’t necessarily swarmed by the kinds of scams that proliferate in cryptocurrency trading, there are many foreign currency traders operating in unregulated jurisdictions.

Their web platform lets you build a customized trading space in the same way as most desktop platforms, laying out windows and information screens to meet your specific trading patterns. Positions held overnight will be charged a margin fee to cover the costs involved with holding this position open. If you have not traded in 24 months, IG begins charging a monthly inactivity fee of $12. Depending on which currencies you are trading, conversion fees may apply and IG typically charges 0.5% for this. IG is part of IG Group, which has worked in the forex markets since 1974. This is worth calling out at the top of this article, because forex can be a difficult marketplace.