IG Markets is a popular CFD / Spread Betting broker, that has been in business since 2003. The IG Group was originally founded back in 1974. Official website is: https://www.ig.com/uk/.
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IG Markets Review
As a leading broker the assets available for trading contains everything a professional trader needs. They are not just a simple Forex broker, but rather an industry leader in CFD’s, Spreadbetting, Shares, Stocks, Indexes, Bonds, Options, ETF’s and Commodities. You have access to Crypto Currency CFDs also.
Traders at IG Markets can use the popular MetaTrader4 platform, or their L2 dealer platform. Of course, they also have a web trader and mobile apps for iOS, Android, and Windows, both Tablet and Smartphone versions. Leverage / margin rates on Forex is dependent on your jurisdiction. Spreads are competitive with other brokers in the industry.
For a new trading account, their minimum deposit requirement is $250.
Is IG Markets a Legit Broker?
IG Markets Ltd is a broker that is licensed and regulated by the Financial Conduct Authority (FCA) in United Kingdom. The IG Group has locations in 17 countries around the world include popular countries like; Singapore, Australia, South Africa, Japan and China. In each country they operate, they have a specific brokers license for that locale.
Officially located at: Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom EC4R 2YA. Their phone number in the United Kingdom is: +44 20 7896 0079, and in the United States: (312) 981-0499. Customer support email address is: [email protected].
In America, IG US LLC, is located at: 200 West Jackson Blvd, Suite 1450, Chicago, IL 60606. The are a registered RFED and IB with the CFTC and NFA, ID# 0509630.
A major benefit traders need to be aware of when choosing a broker, is the protection that a governments licensing authority gives to traders. The FCA in England protects up to £50,000 of money in your trading account. FCA licensed broker must hold your money in a separate account, and cannot use your money for operating their company.
There are many Forex brokers to compare and choose from online. Most traders choose to invest and trade at regulated Forex broker instead of a scam Forex broker because their funds are secure.
Compare Forex Brokers
Investors have hundreds of brokers to choose from, and it is usually a smart idea to have multiple accounts at different brokers.