IG is one of the most highly regarded CFD trading brokers in the world. It is ranked #1 in the United Kingdom in terms of support and service, with over 10,000 markets available to CFD traders. These encompass indices, commodities, forex and shares. Among the many available benefits are research tools, stops, alerts, limits, competitive rates and mobile trading apps.
IG is first and foremost a leading CFD trading platform. It has won multiple awards over the years, including the Shares Awards for 2014 as the Winner of Best CFD Provider, the Readers’ Choice Awards by Money Week as the Best CFD Trading Platform and the Winner of Online Personal Wealth Award in 2014 for the Best CFD Provider. Traders have access to some 10,000+ financial markets including commodities, binaries, options, forex, shares, indices, IPOs and other markets. The trading opportunities extend to elections and associated volatility, quarterly results, general economic sentiment and so forth. With over 4 decades in the business, this world-class financial services trading platform is highly regarded among clients and competitors.
Clients can contact customer support 24 hours a day, from 8 AM on Sunday through 10 PM on Friday, with Saturday hours of operation between 9 AM – 5 PM. IG is one of the most reputable CFD providers and financial spread betting brokers in the world. It offers the largest retail forex range of services in the United Kingdom, with low-cost share dealing in global shares. Presently, IG operates in 15 countries across 5 continents. The total number of clients as at May 2016 was 152,600 with an average of over 7 million transactions per quarter. As a FTSE 250-listed company, IG has a market capitalisation of £2.9 billion as at 31st of May 2016. It has net global trading revenues of £456.3 million as at May 2016, and it is fully regulated by the FCA (Financial Conduct Authority).
IG makes it really easy to open up an account and start trading. The entire process can be completed with the 5 minutes. Further, traders are not obligated to trade for real money or to deposit funds into their accounts. There is a free demo trading account available, or traders can simply create a real-money account. To open a free demo account, traders should be advised of the following:
- Eligibility and age requirements must be met.
- There are no charges levied for chart packages and trades will not be rejected which may occur on a live account.
- Demo trading account may be subject to slippage, dividend adjustments or interest adjustments.
The demo trading account provides traders with up to £10,000 in virtual trading funds. It can be used on tablet apps and free mobile apps. Traders can quickly and easily navigate between deal tickets, financial news and charts, and the trading interface can be tailored to personal preferences. A benefit of the free demo account is 24-hour a day trading opportunities. The demo account is ideally suited to contracts for difference (CFD) trading.
To create a real-money account, clients will be required to enter name, email, username, password, country of residence and preferred account type. Once that has been done, traders will need to confirm that there are 18+ years of age and agree to the privacy and access policies of IG. Within 5 minutes you’ll be able to fund your account and start trading CFDs in real-time.
There are multiple trading platforms available to traders at IG. These include the web platform, advanced platforms and various trading apps for mobile, smartphone and tablet connectivity. All of the trading platforms are expressly designed for individual devices, android, Windows phone, iOS, or PC. The inclusion of the MetaTrader 4 platform features 18 complimentary add-ons, including Autochartist and multiple indicators. The browser-based platform is ideally suited to traders wanting to get up and running with no download required. All CFD trading can be customised to individual styles and preferences with full integration of personal APIs and terminals.
Platform features can easily be compared on site at IG. Among the many benefits of using the trading platforms are the following:
- Full news coverage of financial market movements including IG live in Reuters
- Improved prices, greater stability and enhanced speed for cutting-edge trading
- Complimentary technical analysis tools for commodities, indices, stocks and forex
- Fully automated trading features available
- Trading alerts for mobile and desktop when off-line
- Advanced charting packages
- Wide range of risk management tools
- Instant access to markets with full charting capabilities for mobile, tablet and PC
These are but a few of the many features available with the trading platforms at IG.
Transferring funds to your CFD trading account at IG is a breeze. To add funds, simply navigate to the payment tab from the top left of the screen. If you are using the new IG trading platform, choose ‘My IG’ from the account menu. Traders can make deposits using debit cards such as Irish laser cards, electron cards, solo cards, switch cards, Maestro cards and UK Visa. All non-UK debit cards will incur a cost of 1.5%.
Traders also have the option of paying by credit card. However, commercial cards are not accepted. All credit card payments will incur a fee of 1.5%. The following credit cards are available at IG: MasterCard and Visa. Traders should be advised that American Express cards are not accepted, and neither are credit cards US residents or Singaporean residents. Other options for making deposits include bank transfers, and prepaid cards. Any fees that may be tacked on to the aforementioned payment methods are at the discretion of the card provider or payments processing company.
Markets include currency pairs, binaries, indices, shares, bonds, options, bitcoin, commodities, interest rates, sectors, Sunday trading and others. This makes it possible for CFD traders to enjoy a wide range of trading options on thousands of financial instruments. The following are examples of various financial markets available to traders:
Forex: AUD/USD, EUR/USD, EUR/JPY, GBP/USD, USD/CHF, GBP/JPY and scores of others. These include major pairs, minor pairs and exotic currency pairs.
Indices: Germany 30, US Tech 100, US 500, Wall Street, FTSE 100
Shares: Rio Tinto plc, Lloyds Banking Group plc, BP plc, Apple Inc, Facebook Inc, AstraZeneca and many others
Binaries: call options, put options with IG binaries and sprint markets.
No bonuses or promotional offers at the time of our review.
clients at IG can easily contact the trading experts 24 hours a day from Monday through Friday. Live chat functionality is available, and when it is highlighted in green, traders can communicate with agents. There are multiple contact options including the following:
- Head Office in London
- Dublin Office
- IG international offices in 15 other countries
New clients can contact IG at the following telephone number: (0800)-1953 100 and other clients can contact IG at the following telephone number: (0800) 409 6789.
IG prioritizes safety above all else. The integrity of client information and banking details is safeguarded at all times with the highest encryption protocols and SSL technology. IG maintains client funds in separate accounts known as segregated accounts. Further, all safety standards meet with FCA regulations. IG utilises 2-factor authentication and provides information on how best to safeguard personal and banking information.
IG is a widely respected authority in the international trading arena. CFD traders are privy to a wide selection of trading options (10,000+ financial instruments) across multiple markets. For a massive multinational trading operation, navigation is surprisingly easy. Each of the major categories is listed in plain sight. These include indices, shares, forex, binaries, other markets, IG services, trading platforms, IG analysis and education. Within these categories is a wealth of information, trading tips, advice and to enhance the overall trading process. The demo trading platform is particularly useful for novice and intermediate-level traders and it presents CFD clients with world-class functionality.
For a trading platform so diverse, IG broker is surprisingly easy to use. It is an industry-leading brokerage listed on the FTSE 250 index with operations in 15 countries and 5 continents. With some 10,000+ financial instruments available including other options, binaries, currencies, stocks, indices and the like, traders will not be wanting for variety. The highly responsive customer support services are a big plus for CFD traders.