IG Review: UK’s largest forex and CFD trading broker

ig-250London-based IG Group was set up in 1974 as a spread betting provider, the first UK-based one at the time. Since then it has expanded to also offer trading in contracts for difference (CFDs), forex, stocks, bonds, binaries, and Bitcoin.

Today IG has more than 150,000 clients that are served from offices in 17 countries across the EU, the US, Asia, and Africa. The group operated under the IG brand worldwide, and as the Nadex derivatives exchange opened in the US in 2012, it merged the brands IG Index and IG Markets into a single one – IG.

IG Group’s lead regulator is the UK’s Financial Conduct Authority (FCA), but its subsidiaries are also regulated by the relevant authorities in the countries where they operate. Besides, IG is listed on the LSE, and is a member of the FTSE 250.

Regulation: FCA (UK), ASIC (Australia), FMA (New Zealand), SCA (UAE), FSB (South Africa), MAS (Singapore), SFC (Japan)
Established: 1974
Trading model: Direct Market Access (DMA)
Trading platforms: In-house
Min. Deposit: $100
Min. Trade size: 0.01 (micro lots)
Max. Leverage: 1:200
Bonus: No

Cost of trading

Spread: averaged 1.0 pips on EUR/USD
Commission: No

Latest news about IG

IG Group reports record H1 FY2017, revamps product offering

Forex brokerage IG Group (LON:IGG) reported on Tuesday record-high financial metrics for the six months, ended 30 November, 2016, and announced it

IG Group urges traders to express opinions on UK regulatory proposals

Forex brokerage IG Group (LON:IGG) invites clients to share their opinion with the UK Financial Conduct Authority (FCA) in regards to the

IG Group renames binary options products to Digital 100s

Forex brokerage IG Group (LON:IGG) has given a new name to its binary options instruments – Digital 100s, data from its website

IG’s Q2 FY 2017 strong, in line with expectations

IG Group (LON:IGG), UK’s leading forex brokerage, issued a trading update for Q2 FY 2017, indicating that it continues to perform in

FXCM agrees to sell DailyFX service to IG Group for $40 mln, to use money on Leucadia loan

US forex giant Forex Capital Markets (FXCM) said on Friday it has signed an agreement to sell to UK peer IG Group

IG Group’s revenue continues to grow in Q1 FY 2017

IG Group Holdings (LON:IGG), the largest forex broker in terms of market capitalization, generated a revenue from worldwide operations of £111.4 million

IG improves terms for guaranteed stops, will not require upfront premium

IG Group (LON:IGG), one of the world’s largest publicly traded forex brokers, announced it is changing its terms for fees and commissions

IG Group teams up with pollster Survation for Brexit forecasts, offers binaries on vote outcome

IG Group Holdings (LON:IGG), UK’s second largest forex broker in terms of market capitalization, has teamed up with political polling agency Survation

IG Japan changes margin requirements for some CFDs

IG Securities Limited, the Japanese subsidiary of IG Group Holdings (LON:IGG), announced it is changing the margin requirements for certain CFDs on

IG Group’s revenue reaches new record high in Q3 FY 2016

IG Group Holdings (LON:IGG), UK’s largest forex broker in terms of market capitalization, said on Tuesday its consolidated revenue reached a new