Review of the forex broker IG Markets and client feedback.
Review of forex broker IG Markets and client reviews
IG Markets is a well-known CFD and forex broker with a strong presence in the market. Despite some critical reviews in certain regions, the company continues to attract traders with various offers. We will conduct a detailed analysis and review trader opinions to determine the legality of their promises and the fairness of their conditions.
Main information about broker IG Markets
IG Markets is part of the IG group holding with a long history dating back to 1974. The broker’s main focus is on derivatives trading, offering contracts for differences on indices and stocks. Forex trading is a secondary aspect of their business, as noted by traders.
Trading access and legal features
Clients from many countries can trade with IG Markets, except for Canadians and Belgians. Opening an account only requires an email or fax. Individuals are limited to two accounts, while there are no restrictions for legal entities.
Global indicators and regulatory environment
IG Markets is one of the largest CFD and forex brokers globally, with offices on different continents and over 185,000 active traders. The company, registered as IG Markets Ltd, is licensed by the Financial Conduct Authority (FCA) of the UK, ensuring its reliability.
Trading platforms
The broker uses the IG trading web platform known for its stability. In addition to the web platform, iOS and Android apps are available, providing convenience for traders.
Types of trading accounts
IG Markets offers standard and premium accounts, as well as professional accounts with increased leverage levels. The minimum trade amount on standard accounts is $1 USD, with a fixed option limit. Traders also gain access to a variety of financial instruments, including stocks, forex, indices, commodities, and more.
Technical support and reviews
IG Markets’ technical support operates from 9:00 to 17:00 GMT, offering various communication channels. Reviews highlight the user-friendly interface and platform reliability. However, some traders complain about technical issues.
Conclusions and overall reliability
IG Markets, despite some negative aspects, holds a reliable license and positive reviews internationally. The decision to engage with the broker should be made cautiously, considering all aspects of its operations.