IG Trading Review 2018
4 stars based on
IG has one of the most attractive FX brokerage accounts in the market that offers a host of trading features and direct market access to some of the major financial markets in the world. IG depends on its 40 years of expertise in the market to offer financial products that are suited to different categories of traders, after having introduced its services to the general public as early as The broker is popularly advertised as a spread betting and CFD broker, that offers a multitude of trading instruments from several major financial markets from around the world.
IG has its main establishment in the UK but has also expanded to other regions by setting up offices in 15 different locations spread over 5 continents. Due to the sheer size of the company, IG manages around employees in its offices in different parts of the world. IG offers both standard as well as direct market access ECN accountswhich allows traders to invest in Forex, commodities, CFDs, shares, indices, bonds, futures, interest rates, bitcoins, ig trading platform review, and other ETFs.
An IG trading account also allows traders to indulge in the world of spread betting, which is considered to be a tax-free alternative to Forex trading. Spread betting is entirely exempted from taxes or stamp duties in the UK, which is perfect for investors looking for cost-effective trading solutions. Apart from the traditional markets, IG also provides binary options trading that enables traders to make fixed profits by betting on the direction of a trend. These reward points can be redeemed for gifts and electronics or other promotional materials provided by IG through their seasonal offers.
It is not a surprise that the broker has shied away from deposit bonusesprimarily due to its regulatory status and the numerous complications that may occur within the broker-client relationships owing to the bonus terms and conditions. The maximum IG leverage is 1: All other instruments can be traded with a higher margin requirement, which essentially means that the leverage changes according to the type of the financial instrument. Shares and Indices trading are offered lower leverage, while spread betting and binary ig trading platform review are leveraged products ig trading platform review have a fixed leverage according to the asset traded.
The commissions and other costs decrease with an increase in the lot size, thereby ig trading platform review additional incentives for ig trading platform review traders and institutional investors to transmit large orders through the IG platform. IG has spent an enormous amount of resources into offering the most extensive variety of Ig trading platform review platforms for traders to access the markets according to their choice.
IG has provided the MT4 as the standard for the Forex traders but has designed other advanced platforms for ig trading platform review mobile and desktops. Traders can choose between desktop, mobile, and web-based interfaces according to their preferences, which is available for IG mobile devices as well.
Smartphones and tablet users account for a significant percentage of IG traders, and the broker offers support for iOS, Android, and Windows devices. Since the MT4 platform is more commonly used as a market maker platform, IG chooses to offer the L2 dealer interface for offering direct market access.
The L2 dealer has excellent connectivity, and along with built-in VPS server access, IG platforms are simply the best trading platforms in the retail FX trading market. IG also takes care of its customers by offering live support around ig trading platform review clock, and by resolving trader issues as soon as they receive them.
Strict ig trading platform review from the different ig trading platform review help in keeping the broker in line with a standard code of conduct, which further improves trader confidence. All client funds are treated properly and are held in segregated accounts, which are done to satisfy the licensing conditions stipulated by the leading regulators.
IG is an ig trading platform review broker for Forex trading, but there are a few major concerns. Traders are bound to be confused by the sheer number of financial instruments on offer, and it may end up disastrous for new traders.
The standard trading conditions might also alienate a few traders, but overall, IG should be able to provide a high-quality trading environment for most traders. IG 40 years of expertise in the market Up to 1: