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

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London-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
Website: ig.com

Cost of trading

Spread: averaged 0.8 pips on EUR/USD
Commission: No

Latest news about IG

IG reports record revenue amid “relatively quiet financial markets”

IG Group, a major global forex broker based in the UK, has reported a record revenue of £491.1 million for the financial

UK CFD market swells, IG keeps top broker spot

UK, which is the largest forex market in the world with a daily average volume of $2.4 trillion, as of April 2016,

IG, XM, Plus500, ActivTrades hike margin requirements ahead of UK general election

Several major Europe-regulated forex brokers have announced they are hiking the margin requirements ahead of the upcoming snap general election in UK

IG expects 7% higher revenue for ending FY

One of the major global forex brokerages IG Group (LON:IGG) issued a trading update ahead of entering its close period for the financial

Plus500 happy with BaFin’s CFD restrictions, too, continues business as usual

Plus500 (LON:PLUS), another FCA-regulated major forex and CFD broker active in Europe, also said it is pleased with the decision of Germany’s

IG also pleased with BaFin’s mild restrictions on CFDs for retail clients

One of the major forex brokerages IG Group (LON:IGG), also expressed its satisfaction with BaFin’s decision to introduce softer than initially planned restrictions

IG changes margin requirements on Japan 225 index, spot gold, some forex pairs

Forex brokerage IG Group (LON:IGG) said it is lowering the initial margin rates for the Japan 225 index, spot gold and some

IG teams up with Hong Kong’s m-Finance, provides liquidity, spreads

IG, one of Europe’s major forex and CFD brokers, has teamed up with m-Finance, a Hong Kong-based forex/bullion trading solutions provider in

BlackRock raises stake in IG Group to 9.2%

Asset management group BlackRock has increased its holding in IG Group (LON:IGG) to 9.19%, according to a filing with the London Stock

IG Group to enable CFD trading via ProRealTime in-house platform

Multi-asset brokerage IG Group (LON:IGG) said on Wednesday it is soon to launch trading in contracts for difference (CFDs) to its proprietary