If you’re searching for a reliable online trading platform, you’ve likely come across IG Markets. In this detailed IG Markets review, we’ll explore its features, pros and cons, fees, and overall user experience to help you decide if it’s the right broker for you.
IG Markets Overview
IG Markets is one of the world’s leading online trading platforms, offering access to CFDs, forex, stocks, indices, commodities, and cryptocurrencies. Established in 1974, IG is a trusted name in the industry, regulated by top financial authorities like the FCA (UK), ASIC (Australia), and MAS (Singapore).
Whether you’re a beginner or an experienced trader, IG provides a range of tools and resources to support your trading journey.
Key Features of IG Markets
1. Wide Range of Markets
IG offers access to over 17,000 financial instruments, including:
- Forex (80+ currency pairs)
- Indices (FTSE 100, NASDAQ, S&P 500)
- Commodities (Gold, Oil, Silver)
- Stocks & ETFs (Apple, Tesla, Amazon)
- Cryptocurrencies (Bitcoin, Ethereum)
2. User-Friendly Platforms
IG provides multiple trading platforms:
- IG Web Platform – Easy-to-use interface for beginners.
- MetaTrader 4 (MT4) – Popular among forex traders.
- IG Trading App – Mobile-friendly with advanced charting.
3. Competitive Spreads & Low Fees
- Tight spreads (from 0.6 pips on EUR/USD).
- No commission on CFD trades (fees built into spreads).
- Overnight funding charges apply for held positions.
4. Strong Regulation & Security
IG is regulated by:
- FCA (UK)
- ASIC (Australia)
- MAS (Singapore)
- Other global regulators
Client funds are held in segregated accounts, ensuring safety.
5. Educational Resources
IG offers:
- Free trading courses
- Webinars & tutorials
- Market analysis & news
Pros & Cons of IG Markets
✅ Pros
✔ Trusted & well-regulated broker
✔ Huge range of markets
✔ Excellent trading platforms
✔ Strong educational content
✔ Competitive spreads
❌ Cons
✘ Inactivity fee (£12/month after 2 years)
✘ No fixed spreads (variable spreads can widen)
✘ Limited cryptocurrency options compared to crypto-only exchanges
IG Markets Fees & Charges
| Fee Type | Cost |
|---|---|
| Forex Spreads | From 0.6 pips |
| Stock CFD Fees | 0.10% (min £10) |
| Overnight Fees | Variable (depends on position size) |
| Inactivity Fee | £12/month after 24 months |
Note: Always check the latest fees on IG’s official website.
Is IG Markets Safe?
Yes, IG Markets is considered safe and trustworthy due to:
- Strong regulation (FCA, ASIC, etc.)
- Long-established reputation (since 1974)
- Segregated client funds
IG Markets vs Competitors
| Feature | IG Markets | eToro | Plus500 |
|---|---|---|---|
| Regulation | FCA, ASIC | FCA, CySEC | FCA, ASIC |
| Markets | 17,000+ | 3,000+ | 2,000+ |
| Spreads | Low | Medium | Low |
| Social Trading | No | Yes | No |
Best for: IG is ideal for serious traders who want a wide range of markets and advanced tools.
Final Verdict: Is IG Markets Worth It?
IG Markets is a top choice for traders who need a reliable, feature-rich platform. With strong regulation, competitive fees, and excellent tools, it’s suitable for both beginners and professionals.
However, if you prefer social trading or fixed spreads, you might consider alternatives like eToro or Plus500.
Who Should Use IG Markets?
✔ Forex & CFD traders
✔ Those who need a trusted, regulated broker
✔ Traders who want advanced charting tools
Who Should Avoid IG Markets?
✘ Long-term investors (due to CFD fees)
✘ Traders who want commission-free stock trading
How to Get Started with IG Markets
- Sign up on the IG website.
- Verify your identity (KYC process).
- Deposit funds (minimum £250 for live accounts).
- Start trading using IG’s platforms.
Conclusion
In this IG Markets review, we’ve covered the platform’s features, fees, pros & cons, and safety. Overall, IG is a solid choice for traders looking for a well-regulated, versatile broker.
If you’re ready to start trading, visit IG Markets’ official website to open an account.
Did you find this IG Markets review helpful? Let us know in the comments!
Disclaimer: Trading CFDs and forex involves risk. Only trade with money you can afford to lose. This article is for informational purposes and not financial advice.
