IG Review 2023

  • 9.2

IG review summary

IG is a CFD and forex broker. IG has a well-designed and user-friendly web trading platform that is easy to customize. You will find many useful educational tools on the website. Funding and withdrawing money is easy and there are multiple options. On the other hand, IG’s trading fees are high for stock CFDs. The product portfolio is limited, as in most countries IG offers only CFD and options trading. Customer support could be better. BrokerChooser gave IG a 4.6/5 rating based on analyzing 500+ criteria and testing via opening a live account.

IG is a regulated broker, it is overseen by top-tier financial regulators in multiple countries . IG is also covered by investor protection in selected jurisdictions. We at BrokerChooser always test brokers with real money, including the withdrawal process.

IG pros and cons

Pros Cons
First-class web trading platform High stock CFD fees
Superb educational tools Limited product portfolio
Great deposit and withdrawal options Slow customer support

IG main highlights

🗺️ Country of regulationUK, EU, Switzerland, USA, Singapore, Japan, South Africa, UAE, Australia, New Zealand
💰 Trading fees classAverage
💰 Inactivity fee chargedYes
💰 Withdrawal fee amount$0
💰 Minimum deposit$0
🕖 Time to open an account1-3 days
💳 Deposit with bank cardAvailable
👛 Depositing with electronic walletAvailable
💱 Number of base currencies supported6
🎮 Demo account providedYes
🛍️ Products offeredETF, Forex, Options, CFD, Stocks in some countries, Robo-advisory in UK, IPOs
Our overall Interactive Brokers rating
  • 9.2

  • Fees
  • Account opening
  • Deposit and withdrawal
  • Web trading platform
  • Mobile trading platform
  • Markets and products
  • Research
  • Customer service
  • Education
IG review


IG has low non-trading fees. Withdrawals are free of charge and the inactivity fee is charged only after 2 years. On the negative side, stock CFD fees are high.

Pros Cons
No withdrawal fee High financing rate
Inactivity fee charged only after 2 years High stock CFD trading fees
IG fees snapshot
AssetsFee levelFee terms
S&P 500 CFDLowThe fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.
Europe 50 CFDLowThe fees are built into the spread, 1.5 points is the average spread cost during peak trading hours.
EURUSDAverageThe fees are built into the spread, 0.6 pips is the average spread cost during peak trading hours.
Inactivity feeLow$/£12/€14 per month after 2 years of inactivity


How we ranked fees

We ranked IG’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

  • Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.
  • Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

In the sections below, you will find the most relevant fees of IG for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

We also compared IG’s fees with those of two similar brokers we selected, eToro and XTB. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of IG alternatives.

To have a clear overview of IG, let’s start with trading fees.

IG trading fees

IG trading fees are average. The fee structure is transparent, you’ll easily find all the necessary information on the website. There are separate fee structures for different asset classes:

  • Trading commission for share CFDs, real shares, and options.
  • All-inclusive spreads for forex, stock index CFDs, commodity CFDs, and bond CFDs.
  • Administration fee and spreads for Smart Portfolios.

We know it’s hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compared brokers by calculating all the fees of a typical trade for selected products.

We have chosen popular instruments within each asset class:

  • Stock index CFDs: SPX and EUSTX50
  • Stock CFDs: Apple and Vodafone

A typical trade means buying a leveraged position and holding it for one week before selling. For volume, we chose a $2,000 position for the stock index and stock CFDs, and $20,000 for the forex transactions. The leverage we used was:

  • 20:1 for stock index CFDs
  • 5:1 for stock CFDs
  • 30:1 for forex

These catch-all benchmark fees include spreads, commissions, and financing costs for all brokers. Let’s see the verdict for IG fees.

CFD fees

IG has generally high CFD trading fees.

IG CFD fees for a $2,000 long position held for one week
S&P 500 index CFD fee $2.6 $1.5 $4.0
Europe 50 index CFD fee $2.3 $2.3 $3.3
Apple CFD fee $32.7 $4.8 $10.1
Vodafone CFD fee $25.2 $10.6

Forex fees

IG forex fees are average.

IG forex benchmark fees of a $20,000 30:1 long position held for one week
EURUSD benchmark fee $17.4 $7.8 $17.7
GBPUSD benchmark fee $12.4 $6.7 $12.2
AUDUSD benchmark fee $13.7 $7.8 $12.1
EURCHF benchmark fee $1.3 $12.3 $6.1
EURGBP benchmark fee $16.5 $11.4 $12.6

Real stock fees

IG provides real stocks only for some of its clients, such as UK and Australian residents.

IG charges higher fees for real stocks than its competitors.

Stock and ETF commission for a $2,000 trade
US stock $15.0 $0.0 $0.0
UK stock $9.0 $0.0 $0.0
German stock $9.9 $0.0 $0.0

In the UK, there is a £24 quarterly custody fee, which is charged if you hold share-dealing or ISA investments at the end of the quarter. 

You will be exempt from the charge if you fulfill one of the following criteria:

  • Deal three or more times on your share dealing account during the quarter
  • Hold investments worth £15,000 or more across your IG Smart Portfolio accounts only, at the end of the quarter

At IG, commission for the UK and US markets depends on how many trades you made in the preceding months. For example, if you traded UK shares more than two times, your commissions per trade for UK shares will be £3 instead of £8 for the next month. In the case of US shares, if you traded more than two times, you will be able to trade commission-free next month.

IG stock trading fees
MarketCommission per tradeMinimum fee
UK – 0-2 trades (preceding month)£8£8
UK – 3+ trades (preceding month)£3£3
USA – any number of trades (preceding month) with manual currency conversion$0.02 per share$15
USA – 0-2 trades (preceding month) with instant currency conversion£10£10
USA – 3+ trades (preceding month) with instant currency conversionFreeFree
Australia0.10%AUD 10

For residents of certain countries, the share fee structure can be different. For example, at the Australian entity, US and UK share trades are free.

Smart Portfolios

Smart Portfolios are available only to UK residents. IG Smart Portfolios are iShares ETF portfolios managed by BlackRock. This is basically a robo-advisory service, that is, automatically managed low-cost portfolios.

If you invest in IG’s Smart Portfolios, you will pay a ‘Total Cost of Ownership’ fee, consisting of several components: the cost of the underlying ETF (0.12%-0.16%), the management fee (capped at £250/year) and the spread costs.

IG Smart Portfolios fees
Total value of Smart Portfolio Up to £50,000    For the amount over £50,000
Average ETF costs0.14% (range: 0.12-0.16%)
Management fees for a year0.50%no additional fee, capped at £250 for the first £50,000
Estimated costs of spreads0.07%0.07%
Total cost of ownership for one year0.71%£250 (for the first £50,000) + 0.21% of the total amount


IG’s options fees are low, although the contract sizes are also smaller compared to regular exchange-traded options. Both trade barrier and vanilla options are available.

Options trading is available only in the following countries: Austria, Denmark, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Romania, Sweden.

IG options trading fees​

MarketCommission per contract

79% of retail CFD accounts lose money


Non-trading fees

IG has average non-trading fees.

IG charges no account, deposit, or withdrawal fees. There is an inactivity fee of $12 per month, but it is only charged after 2 years of inactivity. This fee, however, may be different based on the legal entity: for clients belonging to the Bermuda entity, for example, it is $18 per month after 2 years of inactivity.

IG non-trading fees
Account fee No No No
Inactivity fee Yes Yes Yes
Deposit fee $0 $0 $0
Withdrawal fee $0 $5 $0
IG review

Account opening

IG’s account opening is seamless and fully digital. There is no minimum deposit for bank transfers and a low, $/€300 minimum deposit for credit/debit cards and PayPal. On the other hand, account verification takes around 3 business days, which is slower than at some other brokers.

Pros Cons
Fully digital Slower account opening
Low minimum deposit
No minimum deposit for bank transfer

79% of retail CFD accounts lose money

Clients from the US can use only IG’s forex trading service, CFD trading is not available to US clients. For our review, we opened an account at IG’s UK entity.

Minimum deposit

The required IG minimum deposit is $0 for bank transfers and $300/€300/£250 for credit/debit cards and PayPal.

Account types

The country of your residency determines the account type you can open. In most countries, you can trade only forex, CFDs and options.

IG account types
All countries, except belowForex, CFD
Austria, Denmark, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Romania, SwedenForex, CFD, Options
UK*, Ireland, Malta, Cyprus, Australia + some smaller countries, like Gibraltar, the British Virgin Islands, etc.Stocks**, forex, CFD

*There are also tax-efficient accounts available, such as ISA and SIPP.

**You will need to open a second account for stock trading.

How to open your account

IG has a straightforward and fully digital account opening process. The online registration takes only 5-10 minutes, but the account verification can take a bit longer. Our account was verified after 3 business days.

The 5 steps of IG account opening:

  1. Enter your name, email address, country of residence and select your account type.
  2. Provide some personal details, like your date of birth and address.
  3. Answer a few questions about your financial and employment status.
  4. Provide information about your financial knowledge and fill out a short test.
  5. Verify your ID and residency. You can upload a national ID, passport or driver’s license for verifying your ID. Utility bills and bank statements are accepted for residency verification.

IG review – Account opening

Our best alternatives to IG are:

The highest ranking competitors are:

  1. eToro full review
  2. XTB full review
  3. Trading 212 full review
  4. Plus500 full review
IG review

Deposit and withdrawal

IG offers free and fast deposit and withdrawal options. There are various options for funding your account, including traditional methods such as wire transfer and credit card funding, as well as PayPal.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee

Account base currencies

At IG, you can choose from 6 base currencies: USD, GBP, AUD, EUR, SGD, HKD

Base currencies at IG vs similar brokers
Number of base currencies 6 1 5

When you open an account, you cannot select your account base currency. You can change the currency of your account only if you write an email to IG’s Customer Service, which makes the whole process a bit inconvenient. 

Why do base currencies matter? For two reasons. If you fund your account in the same currency as your bank account or you trade assets in the same currency as your account base currency, you don’t have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. You can get great currency exchange rates as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

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Deposit fees and options

IG charges no deposit fees. In addition to bank transfers, you can also deposit money via credit/debit cards and PayPal. 

In case of bank card deposit, IG accepts:

  • Debit cards: Maestro, Visa, Electron, MasterCard
  • Credit cards: Visa, MasterCard, Discover
  • Major prepaid cards
IG deposit options
Bank transferYes
Credit/debit cardYesYesYes
Electronic walletsYesYesYes

A bank transfer can take several business days, while payment with a credit/debit card is instant.

You can only deposit money from accounts that are in your name

IG review – Deposit and withdrawal – Deposit

IG withdrawal fees and options

IG doesn’t charge any withdrawal fees.

IG withdrawal fees and options
Bank transferYesYesYes
Credit/debit cardYesYesNo
Electronic walletsNoYesNo
Withdrawal fee $0 $5 $0

How long does it take to withdraw money from IG? We tested the debit card withdrawal and it took 2 business days.

You can only withdraw money to accounts in your name.

How do you withdraw money from IG?

  1. Log in to your ‘My IG’ account.
  2. Select the account you wish to withdraw the money from.
  3. Click on the three dots menu on the right side.
  4. Go to ‘Withdraw Funds’.
  5. Select the withdrawal method you prefer.
  6. Enter the withdrawal amount. 
  7. Initiate the withdrawal.
IG review

Web trading platform

IG’s web trading platform is great for both beginners and professional traders. It is easy to use, has all the necessary functions and can be customized.

Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
IG platforms to choose from​
Trading platformScoreAvailable


You can use either IG’s own trading platform or MetaTrader 4, a third-party trading platform. In this review, we tested IG’s own trading platform.

The web trading platform is available only in English.

Look and feel

The IG trading platform is one of the most intuitive and well-designed web trading platforms we have seen. 

It can be easily customized and the flexible design allows you to move windows around and save layouts. You can create watchlists and there is also a one-click trading feature.

IG review – Web trading platform

Login and security

You can easily set up two-factor authentication. To do so, download the ‘IG Authentication’ app on your mobile and activate the two-factor authentication.

Search functions

You can search for products in the sidebar on the left. It works as you would expect. You can also browse available investment options by typing manually or browsing through the asset class categories.

IG review – Web trading platform – Search

Placing orders

You can choose from many order types:

  • Market order
  • Limit order
  • Stop-loss order
  • Trailing stop order
  • Guaranteed stop order

If you are not familiar with the basic order types, read this overview.

There are also order time limits you can use:

  • Good ’till cancelled (GTC)
  • Good ’till date (GTD)

IG review – Web trading platform – Order panel

Alerts and notifications

Alerts and notifications are both available. They can be set up by going to ‘MyIG’, then ‘Settings’, and clicking on ‘Communication Preferences’.

You can choose from multiple alert and trade/deal notifications:

  • price alert (prices reach an important level)
  • indicator alert (technical tools reach an important level)
  • economic alert (big economic announcements)
  • automated or manual deal opening/closing
  • automated or manual position editing

Portfolio and fee reports

IG provides clear portfolio and fee reports. The main performance and status of your account is available on the dashboard of your live account. By opening the menu on the right, you can see the ‘History’ tab where you can check all the costs and returns on your past trades. 

79% of retail CFD accounts lose money

IG review

Mobile trading platform

The IG mobile trading platform is easy to use and has great functionalities.

Pros Cons
User-friendly None
Good search function
Touch/Face ID login

You can use both IG’s own mobile trading platform and the MetaTrader 4 platform. They are available for both iOS and Android devices. 

In this review, we tested IG’s own platform on an iOS device. 

The mobile platform is available only in English.

Look and feel

The IG mobile platform is very intuitive, similarly to the web trading platform. You can easily find all available features.

The design is OK, nothing great, and not as good as the web trading platform.

IG review – Mobile trading platform

Login and security

If your device has a fingerprint sensor, you can also use biometric authentication for convenience. If you would like to, it is possible to use two-step authentication with a separate app called IG Authentication.

Search functions

The search functions are the same as on the web trading platform. When searching, the results are categorized by assets. 

IG review – Mobile trading platform – Search

Placing orders

You can use the same order types and order time limits as the ones available on the web trading platform. 

IG review – Mobile trading platform – Order panel

Alerts and notifications

The mobile platform’s alerts function is not as extensive as the web trading platform’s. You can only set price alerts.

79% of retail CFD accounts lose money

IG review

Desktop trading platform

IG’s in-house developed trading platform has no desktop version.

If you prefer a desktop-based platform, you can use MetaTrader 4 for CFDs and spread bets for free. In design and functionality, IG’s MetaTrader 4 desktop platform is almost the same as the web trading platform.

Another alternative is ProRealTime. It is free to use if you make at least 4 transactions a month. If not, a £30 monthly fee will apply.

For shares and CFDs, L2 Dealer is a free downloadable alternative that offers direct market access (DMA). Watchlists, price alerts and trading from charts are possible. Charts are provided by ProRealTime access. Minimum £1,000 balance required.

79% of retail CFD accounts lose money

IG review

Markets and products

At IG, most clients can only trade CFDs, forex and options. There are literally thousands of CFDs available to trade. Residents of the UK and some other countries can also trade real stocks. However, other popular assets like mutual funds and bonds are not available.

IG is primarily a CFD and forex broker. US clients can only trade forex products.

You can also trade stocks if you are from one of the few countries where this is provided, like the UK.

To learn more about CFDs, read our CFD trading tips.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading 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. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits.

Whether you wish to trade CFDs of currency pairs, stock indices, stocks, ETFs, commodities, bonds, futures, you will find an extraordinarily wide selection of products at IG.

IG product selection
Currency pairs (#) 205 49 56
Stock index CFDs (#) 78 16 40
Stock CFDs (#) 10,500 2,000 1,900
ETF CFDs (#) 1,900 264 140
Commodity CFDs (#) 47 24 21
Bond CFDs (#) 13
Futures CFDs (#)
Cryptos (#) 8 76 25

You can’t change the default leverage level of the products. This is a drawback, as we believe this is an important factor you should be in control of.

Changing the leverage manually is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, since the pre-set leverage levels can be high.

Real stocks and ETFs

This selection falls behind competing brokers. Both eToro and XTB offer more stock markets to trade on.

IG stock and ETF selection
Stock markets (#) 8 17 17
ETFs (#) 2,000 145 270

You can trade stocks only if you are from:

  • UK
  • Ireland
  • Malta
  • Cyprus
  • Australia
  • Some smaller countries, like Gibraltar, the British Virgin Islands, etc.

IG provides access to 8 exchanges and 2,000 stocks.


Options trading is available only in the following countries: Austria, Denmark, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Romania, and Sweden.

At IG you can trade: 

  • equity index
  • forex and
  • commodity options.

The most popular equity indices, forex pairs and commodities are all available.

You can choose from two option types:

  • Vanilla options
  • Barrier options

79% of retail CFD accounts lose money

IG Smart Portfolio

IG Smart Portfolio is available only in the UK. IG Smart Portfolios are iShares ETF portfolios managed by BlackRock. This is basically a robo-advisory service, that is, these are automatically managed low-cost portfolios.


If you prefer to buy shares in IPOs, you can do it with IG. An IPO is an initial public offering, or stock market launch, where a company’s shares are sold to the general public for the first time.

There are two ways to participate in IPOs at IG:

  • IPO Grey Market – this allows you to open long/short positions before the IPO happens
  • After the IPO – this allows you to place orders after the IPO happens


IG also offers an innovative product called Turbo24. At the time of writing, it was available to clients in France, Germany, Spain, Italy, Netherlands, Sweden and Norway.

Turbo24s are exchange-traded products that can be traded 24/5. 

When you place an order, you have to set a knock-out level, which is the price where your position will be liquidated. Selecting the knock-out level works like selecting your leverage because you have to fund your position up to the knock-out level. If you choose a lower knock-out level, you’ll use higher leverage, while a higher knock-out level means lower leverage.

79% of retail CFD accounts lose money

IG review


IG offers user-friendly research tools. Its news flow and charting tools are great. On the other hand, fundamental data is not available.

Pros Cons
Good interactive chart No fundamental data available
Trading ideas

You’ll find IG’s research tools on the trading platform. The tools, just like the platform, are available only in English.

Trading ideas

IG provides trading ideas. You can find ideas about which way specific assets are trending if you click on the ‘Signals’ section in the left-hand menu.

IG review – Research – Signals

Fundamental data

IG does not offer fundamental data on assets.  


IG has good charting tools. It is easy to edit and save your charts. We also liked that you can mark the date of major economic events on the charts in a quick and simple way. There are 30 technical indicators available that you can use for charting.

IG review – Research – Charting

News feed

IG has a pretty good news function that is powered by Thomson Reuters. You can get the news directly from the web platform. There is no separate news function on the mobile platform but you can find related news for specific financial instruments.

In addition to the Thomson Reuters news ticker, you can also read tweets from Twitter.

We liked IGTV, IG’s built-in news video service on the web trading platform, which publishes four editions each day. By watching these videos you can stay up to date on major news developments, and get analysis on the charts for key forex pairs, commodities and stock indices.

IG review – Research – News

Other research tools you will enjoy

IG Community is an innovative forum for IG customers. Users can share their trading ideas here, which may help you to make a trading decision.

IG review

Customer service

IG provides close to 24/7 customer support and gives relevant answers. However, email and phone can be slow, while the live chat is offline most of the time.

Pros Cons
Phone support No 24/7 support
Relevant answers Live chat is often offline

Overall, customer support could be better. You can contact IG via:

  • Email
  • Live chat
  • Phone

Email support is OK. We received mostly quick and relevant answers, but sometimes it took more than 2 days to get a reply.

The live chat is OK – if it is working. In earlier tests, we got relevant and fast answers in most cases, and there were only two occasions when we had to wait more than 3 minutes to be connected to an agent. However, in more recent tests, we found that the live chat was offline most of the time. Finding the live chat is not too easy – it is provided through IG’s UK website on the ‘Contact us’ page. Generally, it only pops up after spending around 30 seconds on the site.

IG’s phone support could be better. We tried to call IG several times, and sometimes could not connect to anyone even after 5-10 minutes of waiting.

Customer service is almost 24/7, you can contact them at all times, except for between 10 p.m. Friday and 8 a.m. Saturday. 

IG review – Customer Service

79% of retail CFD accounts lose money

IG review


IG offers good educational resources. You can use a demo account, enroll in courses, sign up for webinars and watch educational videos.

Pros Cons
Demo account None
Trading platform tutorial
Educational videos

IG offers the following education resources:

  • Demo account
  • Platform tutorial videos
  • General educational videos
  • Webinars
  • Live sessions

At IG, most educational material is broken down into 3 levels: Beginner, Intermediate and Advanced. There are also live sessions and other tutorials available. We think the best way to learn the ways of investing is via a demo account – which IG also offers.


IG review – Education

79% of retail CFD accounts lose money

IG review


IG is regulated by several financial authorities globally, including top-tier regulators like the FCA in the United Kingdom. IG Group, the parent company of IG, is listed on the London Stock Exchange.

Pros Cons
Majority of clients belong to a top-tier financial authority Does not hold a banking license
Listed on stock exchange
Negative balance protection

Is IG regulated?

Yes, it is regulated by several financial authorities globally, including top-tier ones. Here is the full list:

  • UK – Financial Conduct Authority (FCA)
  • Germany – Federal Financial Supervisory Authority (BaFin)
  • Switzerland – Swiss Financial Market Supervisory Authority (FINMA)
  • USA – Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA)
  • Australia – Australian Securities and Investment Commission (ASIC)
  • New Zealand – Financial Markets Authority (FMA)
  • Singapore – Monetary Authority of Singapore (MAS)
  • Japan – Japanese Financial Services Authority (FSA)
  • South Africa – Financial Sector Conduct Authority (FSCA)
  • UAE – Dubai Financial Services Authority (DFSA)
  • International – Bermuda Monetary Authority (BMA)

Is IG safe?

To be certain if a brokerage is safe, we highly advise that you check two facts:

  • how you are protected if something goes wrong
  • what the background of the broker is

How you are protected

This is important for you because the investor protection amount and the regulator differ based on which entity you belong to. 

IG legal entities
ClientProtection amountRegulatorLegal entity
UK£85,000Financial Conduct Authority (FCA)IG Markets Ltd
IG Index Ltd*
Europe, excluding UK and Switzerland€20,000Federal Financial Supervisory Authority (BaFin)IG Europe GmbH
SwitzerlandCHF 100,000Swiss Financial Markets Supervisory Authority (FINMA)IG Bank S.A.
USANo protectionCommodity Futures Trading Commission (CFTC)
National Futures Association (NFA)
AustraliaNo protectionAustralian Securities and Investment Commission (ASIC)IG Markets Ltd, Australia
New ZealandNo protectionFinancial Markets Authority (FMA)IG Markets Ltd, Australia
SingaporeNo protectionMonetary Authority of Singapore (MAS)IG Asia Pte Ltd
JapanNo protectionJapanese Financial Services Authority (FSA)IG Securities Ltd
South AfricaNo protectionFinancial Sector Conduct Authority (FSCA)IG Markets South Africa Limited
United Arab EmiratesNo protectionDubai Financial Services Authority (DFSA)IG Limited
InternationalNo protectionBermuda Monetary Authority (BMA)IG International Limited

*If you choose a spread betting account, you will belong to this legal entity.

IG provides negative balance protection for forex spot and CFD trading, but only to retail clients from the European Union. Professional and non-EU clients are not covered with any negative balance protection.


IG was established in 1974. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.

IG Group, the parent company of IG, is listed on the London Stock Exchange, which is a big plus for safety as IG releases financial statements in a regular and transparent manner.

Being listed on a stock exchange, providing financial statements, and being regulated by a top-tier authority are all great signs for IG’s safety.

IG review

Bottom line

IG is one of the biggest and most reliable CFD brokers worldwide. It is regulated by several financial authorities around the world and IG Group is listed on the London Stock Exchange.

IG has one of the best web trading platforms BrokerChooser has tested. The deposit and withdrawal conditions are great. You can also expand your knowledge with great educational materials.

On the other hand, forex and stock CFD fees are high and the product portfolio in most countries is limited to forex, CFDs and options. Customer support could be better.

Feel free to test IG’s first-class trading platform since there is no minimum funding amount and you can also easily open a demo account. 

79% of retail CFD accounts lose money

IG review


We recommend IG for traders with any experience level looking for an easy-to-use trading platform.

Below you can find links to all aspects of IG in this comprehensive collection.

Lower fees, lower costs?

We detailed this in our IG fees article.

What about the minimum deposit?

Our ultimate guide to the IG minimum deposit is updated regularly.

How to start your IG account?

Look no further than our evaluation of the IG account opening.

How’s their trading app?

Here’s our expert view after checking the IG trading app.

Is the quality of customer service satisfactory?

All you need to know about the IG customer service.

Legit or scam?

Is IG legit features all the key aspects you need to look at to see if a broker is safe and legit.

Free or premium? Or both?

A glance at actual costs and whether IG is really free.

Is this broker good for beginners?

We checked it in Is IG good for beginners.

Should you buy your silver bullets on IG?

Research for silver bugs in the Silver buy on IG guide

I want to trade options, are they available at IG?

We explored the topic in Can you trade options on IG?

What is the minimum account balance at IG?

Check out the current account balance requirements at IG in our What is the minimum account balance at IG article.

Looking for commission and fees data for IG?

We collected them in IG commission and fees.

How do you withdraw money from IG?

We tested it and collected the options and costs in How to withdraw money on IG.

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