IG markets

IG Markets

Trust Score:

3.69

(4,637 Reviews )

About IG Markets

IG Markets is a well-established and highly secure broker with a strong regulatory foundation and a long-standing reputation for reliability. It is particularly suited for professional or conservative traders who prioritize safety, stability, and access to an extensive range of markets. While it supports Expert Advisors (EAs) and API connectivity, its trading environment is not as optimized for high-frequency bot trading as brokers like IC Markets or Global Prime. For traders seeking a reputable and comprehensive trading platform, IG Markets remains a solid choice.

Regulation & Security

IG Markets is one of the most highly regulated brokers globally, with oversight from FCA (UK), ASIC (Australia), FINMA (Switzerland), CFTC (US), MAS (Singapore), and other top-tier authorities. This extensive regulatory framework ensures strong client fund protection, segregated accounts, and robust operational transparency. As a publicly listed company on the London Stock Exchange (LSE: IGG), IG maintains high standards of corporate governance and is widely regarded as a very safe and reputable broker.

Account and Setup

The onboarding process is professional and more detailed than average, particularly under FCA or ASIC regulation. KYC requires comprehensive documentation, and approval times may range from 1 to 3 business days. The client portal is clean and well-organized, but not overly intuitive for beginners. Overall, it’s tailored more for experienced traders who are comfortable navigating a slightly more complex setup.

Funding Options

IG supports bank transfers, credit/debit cards, and PayPal in most regions, with additional options like BPAY or POLi in Australia. While the options are secure and reliable, the lack of popular e-wallets like Skrill/Neteller or crypto funding might be a downside for some users. Deposits are usually fast, but withdrawals can take 1–3 business days depending on the method used.

Bot & API Compatibility

IG is compatible with MT4, and offers API access through REST and FIX for advanced users—though these features are more geared toward institutional or high-volume traders. While EA trading is allowed, execution speed and latency on MT4 is not as optimized as pure ECN brokers. Additionally, MT5 is not supported, and advanced bot traders may find IG’s infrastructure more conservative. That said, IG’s proprietary platform and advanced charting tools can support semi-automated strategies with scripting flexibility.

Trading Conditions& Restrictions

IG offers competitive spreads, particularly on major forex pairs, but its pricing structure leans more towards commission-free with built-in spread rather than raw ECN-style pricing. Leverage is capped under FCA and ASIC rules (typically up to 1:30) unless you're classified as a professional client. Hedging and EAs are allowed, but scalping may not perform as well given the execution model. The product range is vast though—over 17,000 markets, including forex, indices, shares, crypto, and options.

IG Markets Reviews

(4,637)

IG Markets Reviews

(4,637)

Get inspired for your next move

Discover expert insights, tips and strategies

Cutting-edge Trading Tools

Who we are and why we do it

Corporate solutions

Price ranging from
USD 100,000/mo

Price ranging from
USD 30,000/mo

Price ranging from
USD 10,000/mo

Retail solutions

Price ranging from
USD 4,997/mo

Price ranging from
USD 2997/mo

Price ranging from
USD 497/mo