IG.com Pros & Cons

Pros

Founded in 1974, IG is publicly traded (LON: IGG) and regulated in six tier-1 jurisdictions, making it a safe broker (low-risk) for forex and CFDs trading.

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IG ranked as the most trusted broker for forex and CFDs in our 2023 Annual Awards.

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IG is the ultimate forex broker, finishing 1st Overall in our 2023 Annual Awards.

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Alongside finishing second for Platforms and Tools and first for Research, IG finished Best in Class (top 7) for Offering of Investments (with over 19,000 tradeable instruments), Commissions and Fees, Education, Mobile Trading and Professional Trading.

IG’s acquisition of tastytrade for $1 billion introduced options trading and listed-derivatives (i.e. futures) trading to U.S. clients.

In addition to IG Smart Portfolios and share-dealing, IG offers listed derivatives including options and futures trading in the U.S. and Europe, alongside its forex and CFD trading (and Spread Betting for U.K. clients).

Cons

Though IG’s industry-leading web platform is fantastic, its lack of predefined layouts means that some manual configuration is necessary.

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Between premium MT4 add-ons from FX Blue, and Autochartist integration, IG’s MetaTrader offering still only offers 76 tradeable instruments.

IG.com Overview

Type of BrokerNon-Advisory/Executionary Broker (ECN/STP)

Regulation & LicensingCyprus Securities and Exchange Commission Australian Securities and Investments Commission, Financial Services Authority (St Vincent & the Grenadines)

Clients Accepted from140 countries around the world

Assets OfferedForeign Exchange, Commodities, Indices, Shares, Bonds, Futures, Cryptocurrencies

Platforms AvailableMetaTrader 4, MetaTrader 5, cTrader, AutoTrade (Myfxbook), ZuluTrade

Mobile CompatibilityAndroid and iOS

Payment Types AcceptedCredit Card, Debit Card, Bank Transfer, Broker-To-Broker Transfer, PayPal, Skrill, Union Pay, Neteller, FasaPay, Poli, Rapid Pay, Klarna, Thai Internet Banking, Vietnamese Internet