IG Group is a British company specializing in providing brokerage services in the Forex market (foreign exchange market) and other financial instruments. She has an impressive track record of over 40 years of successful experience in the field.

Over many years of operation, the company has gained a reputation as a reliable and stable broker, famous for providing fair and transparent trading conditions. This includes fair quotes, minimum spreads and other parameters that promote fair play in the market.

• Year founded - 1974

• Official website - ig.com

• Address - UK

• Minimum bet - 1 USD

• Regulator - ASIC

• Availability of demo account - Yes

• Payment and replenishment methods - Plastic cards Visa and Mastercard, Bank transfers Wire Transfer

• Broker type - MM, DMA

• Spreads - 3

• Maximum leverage - 1:200

• Types of assets - Currency pairs, metals, raw materials, futures.

• Account currency - EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/RUB, AUD/USD, EUR/RUB, USD/CAD, EUR/CHF, EUR/JPY, AUD/CAD, AUD/CHF , AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, СHF/JPY, EUR/AUD, EUR/CAD, EUR/GBP, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP /JPY, GBP/NZD, NZD/CAD, NZD/CHF, NZD/JPY, NZD/USD, USD/SGD, USD/MXN, USD/NOK, USD/CLP, USD/TRY 

• Availability of technical support - Yes 

• Work on weekends - No

• Mobile application - Yes

• Availability of indicators - Yes

• Availability of training – No
  

History of the company and regulation of its activities

IG was founded in the UK (London) in 1974 and is owned by IG Markets Ltd. Currently, it has representative offices in 14 countries and serves more than 195 thousand clients. As a leading CFD broker, IG Markets Ltd. has received various awards many times. For example, in 2017 the company was awarded four awards for outstanding customer service:

• Best Finance App;
• Best Multi Platform Provider;
• Best CFD Provider;
• Best Trading Platform.

Many traders have long chosen this broker to place their deposits, since all funds are transferred to the accounts of various banks, stored separately and never mixed with the company's assets. Even if a company goes bankrupt, these funds are not used to compensate creditors, ensuring the safety of traders' deposits.

 Another advantage is the availability of a license from the ASIC regulator. This controlling financial organization, operating in Australia since 2001, has the status of a state regulator, which gives confidence to its activities.

Account types

Today the company offers 2 types of accounts - demo and real.

Trading conditions

Minimum deposit	Any deposit
Spread	from 3 points
Spread type	floating
Accuracy	4 decimal places
Execution speed	less than 0.1 second
Leverage	up to 1:200
Minimum volume	0.1 lot
Maximum volume	no limits
Assets	101 currency pairs
	60 shares
	2 metals (gold, silver)
	2 types of raw materials (oil, gas)
	futures

How to register on the site

You need to go to the main page, select the Registration section and fill out the following fields:

• country of residence (select from the list);
• first and last name (in Latin);
• email;
• login and password (created independently);
• Date of Birth;
• telephone for communication;
• citizenship (country selected from the list).

Next, you need to add your address, city and zip code, as well as information about your employment and financial status.

The last stage is verification, in other words confirmation of data. To do this, send a scan of your passport (main page and page with address), as well as a payment document (receipt) for utilities received within the last 3 months, to your personal account.

This is necessary to verify the address provided by the user. After verification, you can use all the features of your personal account, including withdrawing funds from your account. The user first specifies the desired account currency. It can be:

• Dollar;
• Euro;
• Pound;
• Jena;
• Swiss frank;
• Canadian dollar;
• Australian dollar;
• Singapore dollar;
• Hong Kong dollar;
• South African rand.

If the user transfers funds and withdraws them to any other account, he still selects any of these currencies, since the funds on the trading deposit will be counted in it. However, when making a deposit or withdrawal, the amount is automatically converted into the appropriate currency at the current rate.

Trading platform overview

Traders can choose from a variety of trading platforms depending on which device they are most comfortable trading from. The classic MT4 terminal, mobile applications and web terminal are available to provide convenience in the trading process.

 

Online Trading Platform

This platform is an in-house development of the company that allows traders to quickly open positions, close orders and monitor market conditions in real time directly from a web browser. To use the program, you just need to go through the registration process on the website, after which you can enter your login and password and immediately open the window with the chart. The online version already has built-in basic indicators, the settings of which the user can change at his own discretion.

   

Tanding App

Mobile application for users:

• Android based gadgets;
• Android tablet;
• iPhone;
• iPad.

You can install them on Google Play or the App Store.

Mobile applications have a simple interface and high performance. Their effective use requires only a stable Internet connection. The advantages of working with applications are clear: thanks to constant monitoring of the market situation, traders can wait for the optimal moment and open an order in the right direction.

MetaTrader 4

 This is a standard program that is often offered by various brokers as their main trading platform. Its advantages are that it is easy to use and the interface is accessible and understandable even for beginners. In addition, the terminal includes a full set of main indicators and other tools for market analysis.

   At his discretion, the user can change the settings of the indicators. The trader also has the ability to add an unlimited number of instruments to the chart and then combine them into a common template that reflects his unique trading strategy. An additional advantage of the terminal is the ability to install your own indicators downloaded from the network.

 

Deposit and withdrawal methods

You can replenish your balance and withdraw funds from it in two ways: bank transfer to an account number or transfer by card number. The broker does not charge any fees for replenishment, but a certain amount can be withheld by the sending bank itself or the Visa and MasterCard payment system. The period is from 2 to 5 working days.

Withdrawal conditions

Payment method	Commission
Bank transfer	£15
Bank card Visa or MasterCard	0

Reviews from traders about this broker

On the Internet you can find various reviews about the IG broker. Some clients note long-term cooperation with the company without identifying any fraudulent activities. While some websites directly call IG a scam. However, positive comments predominate on various portals and independent forums.

Among the negative reviews it is mentioned that the verification procedure in the company can take a long time. There is evidence that individual clients have been undergoing verification for several months. Therefore, it is recommended to wait until your data is approved before depositing funds into your account and starting real trading.