IG review

Rated 4.6 / 5 · Best for Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.

Regulators
FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA
Min. deposit
$0 (no minimum)
Spread from
0.6 pips (FX) / 0.4 points (FTSE)
Max. leverage
Up to 1:30 (EU retail) / 1:200 (Pro)
Platforms
IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView
Founded
1974 · London, United Kingdom

Pros

  • Founded 1974 — oldest CFD/spread-bet broker (LSE: IGG)
  • Nine tier-1 regulators across UK, US, EU, APAC, Africa
  • 17,000+ instruments — broadest in retail FX/CFD industry
  • L2 Dealer DMA + ProRealTime for advanced traders
  • Direct US CFTC/NFA regulation (one of few non-US brokers)
  • Comprehensive education via IG Academy

Cons

  • Spreads on Standard account (0.6 pips FX) not the absolute tightest
  • Proprietary platform learning curve
  • EU leverage 1:30 (ESMA)

IG review summary

IG Group is the oldest CFD/spread-betting broker in the world, founded in London in 1974 (originally as IG Index for spread-betting on gold). It is publicly listed on the LSE under ticker IGG and serves over 400,000 clients across nine major regulatory jurisdictions, including the UK (FCA), US (CFTC/NFA), Australia (ASIC), and Germany (BaFin).

What sets IG apart is breadth and credibility: 17,000+ instruments, direct market access (DMA) via L2 Dealer, professional charting via ProRealTime, MT4 support, and one of only a handful of CFD brokers with direct US regulation.

Spreads on Standard accounts (0.6 pips EUR/USD) are competitive but not ECN-tight; IG’s value is in execution quality, balance sheet strength (£1.5bn+ regulatory capital), and the breadth of products. For a UK or EU trader with serious capital, IG is the “default safe choice” in CFDs.

Platforms

  • IG WebTrader — flagship proprietary platform, browser + mobile
  • L2 Dealer — direct market access, level-2 order book
  • ProRealTime — professional charting + algorithmic trading
  • MT4 — for traders who require Metatrader compatibility
  • TradingView — native integration

Regulation

  • IG Markets Limited — FCA 195355 (UK)
  • IG Markets Ltd — ASIC 220440 (Australia)
  • IG Europe GmbH — BaFin 148759 (Germany)
  • IG Asia Pte Ltd — MAS CMS100071
  • IG Markets South Africa Ltd — FSCA 41393
  • IG Markets Inc. — CFTC/NFA 0509630 (USA)
  • IG Bank SA — FINMA (Switzerland)
  • IG Securities — FSA Japan (Tokyo)
  • IG Bermuda Ltd — BMA

Bottom line

IG scores 4.6/5. The institutional regulatory profile and product depth make it the strongest “blue-chip” choice in retail CFDs. Pure scalpers / cost-focused traders should consider IC Markets or Pepperstone instead.

IG — Frequently Asked Questions

Is IG regulated and safe?

IG is regulated by FCA, ASIC, BaFin, MAS, FSCA, FINMA, FSA Japan, BMA Bermuda, CFTC/NFA. Client funds are held in segregated accounts at tier-1 banks and the broker operates under active financial-services licenses. Verify each license number on the regulator's official website before opening an account.

What is the minimum deposit at IG?

The minimum deposit at IG is $0 (no minimum). Most account types accept this minimum; premium tiers may require higher deposits — see the account-types table above.

What are the typical spreads at IG?

Spreads at IG start from 0.6 pips (FX) / 0.4 points (FTSE). Actual spreads vary by account type, instrument, time of day, and market volatility. Raw/ECN accounts add a per-lot commission on top of the tighter spread.

What trading platforms does IG offer?

IG supports: IG WebTrader, MT4, ProRealTime, L2 Dealer, TradingView. MT4 / MT5 are the industry standards; cTrader is preferred for ECN execution; proprietary platforms offer broker-specific tools but less third-party compatibility.

What is the maximum leverage at IG?

Maximum leverage at IG: Up to 1:30 (EU retail) / 1:200 (Pro). EU retail clients are capped at 1:30 by ESMA rules regardless of broker policy. Professional clients and offshore-entity clients can access higher leverage subject to qualification.

Who is IG best suited for?

Serious traders wanting institutional-grade regulation, deep market access, and DMA capability.