IG Group
4.8
OVERALL SCORE
Headquarters
London, United Kingdom
Minimum deposit
$0
Inactivity fee
None
Withdrawal fee
$0
UK flag FCA
US flag NFA / CFTC / FINRA
Australia flag ASIC
Germany flag BaFin
Switzerland flag FINMA
Cyprus flag CySEC
UAE flag DFSA
Singapore flag MAS
Japan flag JFSA
Trading platforms
IG platform, MT4, TradingView, L2 Dealer
Available products
Forex, CFDs, spread bets, stocks, ETFs, options, knock-outs, futures, crypto
Regional availability
Product availability varies by jurisdiction
FX minimum spread
0.6 points
Index minimum spread
0.8 points
Commodities minimum spread
0.1 points

Overview

IG is a global brokerage business that offers trading and investment products, including CFDs, options, cryptocurrencies, and share trading. 

The company is publicly traded and is listed on the London Stock Exchange, with licenses in most Tier-1 markets, including the UK, US, Japan, Australia, and Singapore. Consequently, the company – particularly in the UK – has a very strong reputation and is generally seen as a safe, secure, and respected broker to trade with.

Traders can trade with IG across the broker’s mobile app or desktop platforms. The broker also lets traders use third-party platforms, like TradingView and MT4, to access its services. IG is a global business though and so access to its products and platforms varies, depending on which country you are in. 

Although it is expanding its offering to include a simpler platform and longer-term investment products, like shares and ETFs, IG remains a more trader-focused brokerage business. That being the case, the company’s products and services are likely to be more suited to speculative traders, who already have some trading knowledge.

Pros & Cons

Pros
  • More than 17,000 assets to trade in
  • Well regulated, secure trading environment
  • Low trading and account fees
  • Excellent content and educational material
  • Leading range of trading tools and platforms
Cons
  • Product set can be limited in some regions
  • Support outside key markets may be weaker
  • Platform can feel complex for newer traders

Trust

IG Group is regulated in multiple jurisdictions around the world. Within the online trading industry, the broker is one of only a small number of firms to have approvals in every major tier-1 jurisdiction globally. 

The company’s headquarters are in the UK, where the company is regulated by the Financial Conduct Authority (FCA). Certainly for forex and CFD trading, the FCA is typically seen as the gold standard regulator globally.

IG is also one of only a small number of firms with approval to operate as a forex broker in the US. Forex brokers regulated in the US are required to hold a minimum of $20m as a capital requirement, which underscores the strength of IG’s balance sheet – something that should not be overlooked by traders.

European clients can trade with IG via the firm’s German-regulated entity. The broker also holds licenses in Switzerland and Cyprus. 

Other key licenses that the group holds are in Australia, Japan, Dubai and Singapore. IG also onboards clients globally via a license it holds in Bermuda. The broker is one of the only firms in the online trading industry to hold a license in the British Overseas Territory.

United Kingdom
🇬🇧 United Kingdom FCA
Legal entity IG Markets Limited, IG Index Limited
Brand names IG, Freetrade
🇺🇸 United States CFTC FINRA NFA
Legal entity IG US LLC
Brand names tastytrade, tastyfx
🇦🇺 Australia ASIC
Legal entity IG Australia Pty Ltd
Brand name IG
🇯🇵 Japan JFSA METI MAFF
Legal entity IG Securities Ltd
Brand name IG
🇸🇬 Singapore MAS
Legal entity IG Asia Pte Ltd
Brand name IG
🇦🇪 Dubai (UAE) DFSA
Legal entity IG Limited
Brand name IG
🇩🇪 Germany BaFin Bundesbank
Legal entity IG Europe GmbH
Brand name IG
🇨🇭 Switzerland FINMA
Legal entity IG Bank SA
Brand name IG Bank
🇧🇲 Bermuda BMA
Legal entity IG International Ltd
Brand name IG

Account Opening

Opening an account with IG is straightforward and shouldn’t take more than 5 – 10 minutes. One point to keep in mind is that the entity you onboard with will be determined by the country you are resident in.

Having said that, the actual onboarding process does not vary too much between different entities. The only big exception to this would be US clients opening tastytrade accounts, which operate under a totally different URL and platform.

Opening an IG account is simple. You just visit IG.com and should immediately see an ‘Open Account’ button on the homepage. You can then follow the steps from there.

Open account with IG steps

    1. Enter your basic personal information, including your name, email address, and password.
    2. Enter your place of residence. Note that your place of residence will determine what products you can access. For example, a UK trader will be able to open CFD, spread betting, share trading, options and futures and crypto accounts at the same time. You can see this below:

But if you are in Malaysia and opening an IG account, you’ll only be able to access CFD trading:

  1. After choosing your accounts, you’ll have to enter different personal information and account details for compliance purposes.
  2. The next part of the application will be about your own trading experience and your finances. IG asks these questions for compliance reasons as they need to know you have the experience and financial means to trade their products. This is to make sure the products you want to trade in are suitable for you, based on your financial circumstances and prior trading experience.
  3. Uploading personal documents and proof of identity. IG does this for compliance reasons, with one of the primary goals to meet anti-money laundering rules globally.

Trading accounts

Unlike very trader-focused brokers, like Pepperstone or IC Markets, IG does not offer different account types on the same product.

What we mean by that is the firm does not offer accounts where commissions and spreads vary, depending on the trader’s preference. This is something you will commonly see offered by more forex-focused brokers, who offer things like ‘raw’ spread accounts or micro lot accounts.

What IG does do is offer different account types within its own platform that traders can choose to access if they want to.

For example, if you are in the UK and sign up for a CFD trading account, IG gives you the option to also open accounts with crypto, shares, options and futures, or spread bets. You can see an example of what this looks like below in a short video.

IG DMA accounts

One unique account type that IG does offer are direct market access (DMA) accounts. Although a lot of brokers claim that they offer DMA accounts, almost none of them actually do. Instead they just use the phrase ‘DMA’ as part of their marketing material. 

In contrast, IG lets you trade shares as either a CFD or the physical product, with full visibility on the order book and where your trade has been executed. Traders can do the same thing, as a rolling spot forex contract, on currency pairs trading. IG clients can access DMA accounts with the broker via mobile apps, the L2 Dealer trading platform, or via an API.

Accessing share trading on a DMA account can incur additional exchange fees that you must pay to access live pricing.

Products

IG was historically a UK-focused company aimed at speculative trading. That legacy continues until today as the company’s main focus is still offering customers more speculative derivative products.

That being said, the broker has expanded into offering a much wider set of products, beyond the original spread bets and CFDs it became famous for. You can see a full list of IG’s products below and where they are available. Currently the company operates in the US under the tastytrade brands, rather than its flagship IG brand.

IG Group products and regional availability
Availability varies by region and regulation.
Region CFDs Spread Betting Forex Exotic options Physical shares & ETFs Futures & Options Physical Crypto Managed Portfolios
United Kingdom Yes Yes Yes No Yes No Yes Yes
EU Yes No Yes Yes No No No No
USA (tastytrade brands) No No Yes No Yes Yes Yes No
Australia Yes No Yes No Yes No No No
Singapore Yes No Yes Yes No No No No
Japan Yes No Yes Yes No No No No
Switzerland Yes No Yes No No No No No
UAE Yes No Yes No Yes No No Yes
International Yes No Yes No No No No No

CFDs

CFD markets & coverage
17,000+ markets available

IG offers access to over 17,000 markets tradable as CFDs, covering major asset classes globally.

FX
Indices
Commodities
Shares
Options & futures
Interest rates

Forex

IG offers forex trading in all of its markets globally. Traders can access forex trading as a standard OTC product or via the broker’s DMA offering.

IG is one of a small number of brokers that offers forex trading in the US, which it does via its tastyfx brand.

It’s important to note that when you trade forex, you are trading something called a ‘rolling spot forex contract’. In nearly every jurisdiction globally, these are considered CFDs. This is why we include forex in IG’s CFD product list above.

The US is an outlier as it does not treat rolling spot forex contracts as CFDs. We have written before about rolling spot forex contracts and CFDs before, if you want to learn more.

Spread betting

Spread bets are leveraged products that are very similar to CFDs. A key difference is that any profits you make are tax exempt. This works both ways – you cannot get tax relief on losses you incur from spread bets.

Spread bets are currently only approved in Ireland and the UK, so only traders in these regions are able to trade spread bets with IG.

Knock out options and turbos

 IG offers trading in exotic options in several locations globally. The main ones to be aware of are knock-out options, which you can trade in Europe, Japan, and Singapore.

IG also offers trading in listed options in Europe. The most notable product here are turbos, which offer traders access to higher leverage than you can get in CFDs.

In Europe, listed derivatives tend to be marketed tightly and so you may have to request access to the products or will only be able to see them in the IG platform once you sign up with the broker.

Share trading

IG offers access to physical share and ETF trading in several jurisdictions globally. Note that when we say physical, it means you are taking ‘physical’ ownership of the shares, as opposed to trading a CFD on an underlying share or ETF.

Currently share trading is accessible to IG clients in the UK, Australia, and the UAE. US clients can access share trading via the tastytrade brand.

Options and futures trading

IG offers trading in listed options via its tastytrade brand. This is primarily aimed at US customers. International clients can open tastytrade accounts but they cannot trade options directly via their IG account.

Crypto

IG launched physical crypto trading in 2025. That means traders can own the underlying crypto asset, rather than just trading a CFD on the product. As of August 2025, real crypto trading is only available to traders in the UK. Other jurisdictions do allow crypto CFD trading though.

IG managed portfolios

IG currently offers what it calls managed portfolios to customers in the UK. This is effectively a robo advisory service. Investors provide IG with some information about their risk appetite and financial status. The broker then provides a managed portfolio, in partnership with asset manager BlackRock, to meet the needs that the client has. These are long-term investment products, rather than short term speculative products. Managed portfolios are only available for IG’s UK clients as of August 2025.

Deposits and withdrawals

What currencies can you deposit with IG?

One of the more unique features of IG is that it lets you make deposits to your account with a number of different currencies.

UK bank transfer deposit currencies


IG supports bank transfer deposits in the following currencies for UK traders:
IG Deposit Currencies
GBP USD AUD CAD EUR
DKK HKD SGD CHF SEK
JPY ZAR

This is the most extensive range that we’re aware of in the online trading industry among brokers. The key benefit here is obvious – you can hold local or foreign currencies in your account, without having to make autoconversions.

How to deposit on IG 

Making a deposit on IG is straightforward, regardless of whether you’re on the broker’s mobile app or desktop trading platform. If you are on the desktop platform and in your workspace, then you simply click on the ‘Add Funds’ button in the top right hand corner.

Another option is to deposit within the IG platform’s dashboard:

Within the IG trading app, the ability to add funds is very clearly listed at the top of all the tabs on the app. You can see an example of this below in the watchlist tab.

how-to-deposit3-ig

How long do deposits take on IG?

Card deposits on IG are instantaneous. However, if you decide to deposit via a bank transfer, it can take three days, depending on the country you’re based in.

You can speed this process up by showing a bank transfer confirmation to IG, who will credit the account if they accept the bank transfer confirmation document you sent.

How long do withdrawals take on IG?

Withdrawals on IG typically take 1 – 3 days.  However, it’s important to note that IG is a large, global business. If you are not based in one of the broker’s core markets, payment processing times may take longer than this.

Fees

What fees does IG charge?

The main fees that traders need to be aware of when trading leveraged products with IG are spreads, commissions, and overnight fees. The spread is the difference between the buy and sell price that IG quotes you. Commissions are fees you pay to open and close trades. An overnight fee, which you will often hear called ‘swaps’ or ‘swap rates’, is interest IG charges you for keeping a leveraged position open overnight. When you trade with leverage, you are borrowing money, and you have to pay interest on that borrowed cash. 

Index spreads 

IG’s spreads vary depending on what market you are trading in. More liquid products, as you’d expect, tend to have tighter spreads. Here we look at some of IG Markets’ spreads on the more popular assets that IG clients trade in.

Gold spreads

The minimum spread that IG charges on spot gold is 0.3 points. You’ll also pay overnight fees on any trading positions in spot gold that you keep open overnight. For a CFD on the spot gold futures price, the minimum spread that you’ll pay at IG is 0.6 points. The difference in price is because a CFD on the gold futures price has the overnight fee baked into the spread. The benefit of this is that it lets traders have more clarity on the amount they need to gain before they see a profit. 

Consequently, if you are looking to take a longer term position in gold with IG, it can be better to use a gold CFD on the futures price – that way you don’t have to factor overnight fees into your profit calculation.

FX spreads

IG’s forex spreads start from 0.6 points on major currency pairs. More exotic pairs will have much higher spreads to compensate for lower liquidity and higher risk. IG lists all its spreads and pricing for forex trading on its website. You can see the average spread you pay at the broker in some major currency pairs in the table below.
IG Forex Spreads
Pair Minimum spread Average spread
EUR/USD 0.6 0.84
USD/JPY 0.7 1.18
AUD/USD 0.6 1.03
GBP/USD 0.9 1.83
USD/CAD 1.3 2.06
Note: spreads can vary with market conditions and account type.

Index spreads

IG index spreads start at a minimum of 1 point and vary depending on both the underlying index you are trading and what time you are trading at.

For example, if you are trading a FTSE 100 during market open hours, then the minimum spread is 1 point. But if you are trading after market close from 16:30 to 21:00, then the spread is 2 points.

You can see a full list of IG index spreads on the broker’s website

Share CFD spreads

IG does not charge a spread on any share trades, whether you are accessing the product as a CFD, spread bet, or buying the real product. Instead share CFDs and spread bets are quoted at the market price and you pay a commission when you buy and sell.

IG overnight fees

The other big fee that you need to be aware of when trading spread bets and CFD with IG are overnight fees. Overnight fees are – as you would imagine – only charged when you hold a position overnight.  They’re important to be aware of as, if you’re holding a position for the long-term, they can cut into your trading profits. Like every broker, IG’s overnight fees are calculated in different ways depending on what asset you are trading. 

 

Although some traders may want to know how these fees are calculated, we believe that most clients ultimately just want to see how its impacting their bottom line.

 

Fortunately IG makes it simple to see this. In both the broker’s mobile app and desktop platform, you can see what fees you are being charged on the trading ticket. 

Platforms

Traders can trade with IG across several different platforms, on both mobile and desktop. These range from simpler options to more technical platforms for experienced traders.

IG desktop trading platform

The most popular platform used by IG clients is IG’s own trading platform. IG was one of the first retail brokers to launch an online trading platform in the 2000s. The best thing about the platform is it offers tools for both beginner and more experienced traders. That includes advanced order settings and analytical tools. The downside of the platform is that it has limited auto-trading capabilities and it does not have the sort of custom plugins that third-party platforms can offer.

IG mobile app

The IG mobile is very similar to the broker’s desktop app in terms of style and appearance. In our view, the best part of the app is the simple visibility you can get over order terms and fees. If you are a simple, point and click-style trader, then the IG app has everything you need to make trades easily.

MetaTrader 4

IG does offer trading via MT4. Users can trade forex, CFDs, and spread bets on the company’s MT4 platform. MT4 offers a wider range of algo trading capabilities and plugins, meaning the platform may be better for more advanced traders using IG as a broker.

TradingView

IG is also integrated with the TradingView platform. That means you can connect your TradingView and IG accounts, then use the charting platform to trade.

IG L2 Dealer

IG also offers access to another platform called L2 Dealer. This is for higher value clients that want to access the broker’s DMA accounts. The L2 Platform is aimed at more advanced traders, who want to trade in larger sizes. It is also only for trading shares and forex. If you are an experienced trader that wants to trade in large size and with more oversight on the order book of the product you are trading, L2 Dealer is a great platform. However, if you are more of a casual trader and prefer a simpler platform, you are unlikely to want or need IG’s L2 Dealer platform.

FAQ

Is your money safe when you trade with IG?

Yes, you’re money is safe with IG. When you trade with IG, your money is held in segregated client accounts. IG is publicly listed and you can see that it keeps client funds separated from its own financial accounts. The company has a strong balance sheet, is well-regulated globally, and has strong systems in place to limit the possibility that anything untoward could happen to your money. Ultimately there are very few brokers who operate globally like IG does, where you can have the same level of confidence that your funds are safe.