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IG 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.
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
IG supports more than 80 currency pairs for US traders
Fees are built into the spread between buy and sell prices. There are some additional fees for less common activity.
IG offers its own online trading platform.It also supports MetaTrader 4 and mobile apps for iOS and Android.
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.
You have several options to transfer money. The transfer process is user-friendly and fast.
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.
Support is available by phone, email, and live chat 24 hours a day during the trading week.
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
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.
Channel | IG Markets Social proof |
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Account with 126k followers | |
Account with 35.5k followers | |
Youtube | Account with 70.1k subscribers and 5.2k uploaded videos |
Telegram | Does not have a Telegram channel |
Discord | Does not have a Discord channel |
TrustPilot | IG Markets TrustPilot Customer Reviews, Feedback and Complaints |
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Trustpilot | On Trustpilot, IG Markets has currently 6.9k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 3.60/5.00. The low trustpilot score comparing with industry standards, indicating that most customers are generally dissatisfied with IG Markets. Reviewers complaining about IG Markets most frequently mention Terrible customer service. IG Markets firm's reply behavior to negative reviews is up to the standard having replied to 83% negative reviews with a response time to their negative reviews in less than 2 days. |
TrustPilot Reviews' Key takeaway
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 | ✔ |