Author: Dominic Owens | Last updated: June 2024

IG Forex Broker Review – Currently NOT VERIFIED

IG is not verified from our experts and we advise you NOT to trade there at that moment! You can choose from our alternative Forex brokers such as AvaTrade and XM, or just pick one from our list with the best companies which you can find here!
Reward: N/A
  • Licence:
  • Bermuda Monetary Authority
Accepted Payment Methods: VISA, VISA Electron, MasterCard, Wire Transfer and more
Min. Deposit: $250
Broker Rating:
  • Reward: 1.0
  • Platform: 1.0
  • Mobile: 1.0
  • Live: 1.0
Overall Score: 1.00/5
Featured Platforms:
  • Mobile trading, MT4, ProRealTime and L2 Dealer
Broker Info
  • Company: IG International Limited
  • Founded: 1974
  • Headquarters: United Kingdom
  • Phone: +61(3)98601799
  • Email: helpdesk.en@ig.com

Trying to find a new platform to use for forex trading? Considering changing to a different broker? Then you should look at IG Forex Broker. This particular broker has become a common choice for those who are looking for a highly regulated, well-secured forex brokerage tool.

Is it right for you, though? Can IG Forex Broker offer you the tools and the training that you need to start making the most of your aims and ambitions within the forex market?

IG Forex Broker History

There is much to like about a company with a long history, and IG Forex Broker definitely has that. It was formed in 1974, making it one of the longest running pioneers within the industry. They were an early pioneer of the CFDs industry, and became a big name within London and then beyond. They are a company with an excellent regulatory history, and has been seen as one of the most regulated and respected names in modern forex brokerage.

Bonus Offers and Promotions

Sadly, one thing to note about IG Forex Broker that is not a positive is their lack of a bonus offer and/or promotional tool. The only real ‘bonus’ you can get from signing up is the fact that you can create an account with relative ease. You do not even get access to referral bonuses or anything like this. In fact, in terms of their long-term promotions, IG Forex Broker might be one of the less useful names.

If you are looking for a trading platform that offers you different bonuses, then IG Forex Broker is not really the one for you. If you are happy to trade in bonuses for reliability, though, there is much to be said about IG.

Regulations

Part of what makes IG Forex Broker such a good starting place is the history of trust. As noted, it was formed close to fifty years ago, and is still running strong today. The fact it has six Tier-1 regulatory jurisdictions shows you just how well thought-of this platform is.

At the time of writing, the covered regulations for IG Forex Broker include the Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC).

Platforms Offered

You always want to use a system with access to numerous different platforms which can be of use to you. That is what you get with IG Forex Broker. At the time of writing, you can get access to some of the biggest names within the platform including the likes of L2 Dealer, as well as their own IG web platform. This comes with a range of impressive features that should make using the platform much easier.

Part of what makes IG Forex Broker such a good choice is the fact that is so easy to use. The platform they offer has a very detailed view which can seem daunting at first. Once you get used to the layout, though, their in-house system makes trading very easy.

However, you can also get access to MetaTrader4 if you would prefer to stick with a more specific brand name. You can also use tools like their ProRealTime charts, which give you as many as 100 indicators and automated strategies to learn from. You should have no problem, then, in finding a trading tool that you can use to get to grips with the more confusing aspects of modern trading.

Education and Support

In terms of education for traders, we cannot rate any company above IG Forex Broker. It has become a popular choice as it offers such a vast selection of educational tools. This can include video training, written articles, and even a range of quizzes you can take to further test and bolster your knowledge.

There is much to enjoy about this particular platform, but their guides provided by Daily FX make it very easy to learn the tricks of the trade.

You get numerous articles for both beginners and veterans, so even the experts can pick up a few little trade secrets through the IG Forex Broker training modules. You get numerous choices to pick from which can play a big role in making sure you can get the education and the support that you would have been hoping for.

You might even consider joining their IG Academy, which is home to a series of courses that can take you from beginner to expert.

In terms of customer support, you can get easy support and assistance for just about any grievance or gripe you might have. Customer support is available via live chat. They offer a courteous, rapid service that can quickly get to work and offer you information and support on any related query.

Withdrawal and Deposits

One thing to note about IG Forex Broker, though, is that it comes with a somewhat hefty minimum deposit of £250. This can be quite expensive in this industry, but it does make sense when you factor in the sheer quality of the service.

So, we might not recommend IG Forex Broker for those who are doing very small-time trades. Typically, though, you can expect any money in or out to be dealt with on the same day. If you run into any issues, though, customer support should offer ample assistance in solving the issue.

Verdict

Generally, we think that IG Forex Broker ranks high with good reason. A tremendous range of services, excellent ease of use on-site, and a gluttony of tools makes the system a great choice for everyone. Add in the fact that it can offer you such a large number of training tools and education systems and you can see why IG Forex Broker is a popular pick for so many.
With the best part of five decades of proven success and fairness, then, there is a reason why IG Forex Broker is so popular today. Definitely one to think about trying out regardless of any skill level you have in trading currently.