IG Markets Review 2024 | Is IG Markets a Scam or Legit Forex Broker?
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Is IG Markets safe? Yes IG Markets is a safe and secure broker. However, No broker is perfect, and IG Markets is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to IG Markets. So which brokers are better than IG Markets? Want to jump straight to the answer?

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Read our IG Markets review to find out if IG Markets is a scam or a reliable forex broker. Unbiased Forex brokers reviews that serve the interests of our users.

IG Markets Review and Analysis

Overview

IG Markets ReviewIG is an international retail foreign exchange broker based in London that also offers accounts in the United States. The platform allows you to buy and sell foreign currencies.

Investor Protection & Regulations

IG is a legal and regulated marketplace since 1974. The parent company, IG Group, also owns NADEX in the United States. IG Group is listed on the London Stock Exchange under the symbol LON: IGG. IG is one of the oldest forex companies in the world

Tradeable Products

IG supports more than 80 currency pairs for US traders

Fees and Commissions

IG Markets fees and commissionsFees are built into the spread between buy and sell prices. There are some additional fees for less common activity.

Trading Platform

IG Markets trading platformIG offers its own online trading platform.It also supports MetaTrader 4 and mobile apps for iOS and Android.

Account Types

IG accounts in the US are limited to foreign exchange derivatives. You can’t trade stocks or other common instruments with an IG account in the US. IG requires personal information, including information about your income, to open a live account. Opening a free demo account requires just your name, email address, and phone number.

Deposit and withdrawal

IG Markets Deposit and WithdrawalYou have several options to transfer money. The transfer process is user-friendly and fast.

Usability

IG works well for beginner traders and offers tools suitable for advanced traders. IG offers a platform that meets traders’ needs at all experience levels.

Customer Support

IG Markets customer supportSupport is available by phone, email, and live chat 24 hours a day during the trading week.

Education and Research

You can learn all about foreign exchange trading at IG Academy, a free online series of forex courses. IG offers integrated tools to help you research positions on the fly. IG Group also owns DailyFX, a free, online forex news website

Overall Conclusion – Final Thoughts

Regulated and trusted across the globe, IG offers traders an extensive list of tradable products, excellent trading and research tools, industry-leading education, and competitive rates.

Broker's Features IG MARKETS Availability
Commissions
Hedging
PAMM
Scalping
Accepts US traders
24 hour trading
Swaps
Demo account
Daily analysis
Automated trading
Mobile trading
Trading by phone
1st deposit bonus
Forex contests competitions
Bonuses Promotions
Interest charges on the balance
Free education
Expert advisors
Partnership programs
Trust management
24 hour support

People Also Asked

Is IG Markets regulated?
Yes, IG Markets is regulated by top-tier regulators, FCA, ASIC, FSCA, CFTC, NFA inclusive.
Where is IG Markets based?
IG Markets is based in , United Kingdom
How does IG Markets make money?
IG Markets charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in IG Markets account?
With IG Markets you can deposit money via the following means; ACH, Credit Card, Wire Transfer.
How do I withdrawal in IG Markets account?
IG Markets lets you request a withdrawal of funds from your account via the following means; ACH, Credit Card, Wire Transfer.
What is the minimum deposit for IG Markets?
IG Markets has $250 minimum deposit.
What are the available account base currencies with IG Markets?
IG Markets trading accounts are offered in USD, GBP, AUD, EUR, SGD, HKD. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in IG Markets?
IG Markets has a maximum leverage is 1:50 for professional traders.
Does IG Markets use MetaTrader?
IG Markets platforms: Yes, IG Markets use MetaTrader as well as the following platforms: MT4
What type of broker is IG Markets?
IG Markets appears to be a Market Maker broker which offers market access to a variety of traders.
Does IG Markets accept US clients?
Yes, IG Markets accept US clients
Does IG Markets offers Islamic accounts?
No, IG Markets does not offer Islamic accounts
What financial instruments can I trade?
You can trade a wide variety of instruments with IG Markets: You can trade a wide variety of instruments with IG Markets: Stock, ETF, Forex, Options, CFD, Cryptocurrency, IPOs

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