FBRForex Broker Rating
Gerald Stratton
Written by Gerald Stratton
Broker Analyst
Updated
IG logo

IG Review

Key Facts

Regulation
FCA · CFTC · NFA+10 more
Broker Type
Market Maker, DMA
Min. Deposit
$0
Platforms
Web, Mobile, TradingView, MetaTrader 4, MetaTrader 5, ProRealTime, L2 Dealer
Fees
Low
Max Leverage
1:200
Demo Account
Yes

Our Ratings

4.7
out of 5
Safety & Regulation4.7
Fees & Costs4.6
Platforms & Execution4.6
Education4.7

70% of retail FX and CFD accounts lose money.

Pros & Cons

Pros

  • +Strong global regulation and security
  • +Fast and easy account opening and onboarding process
  • +Demo account for practice trading
  • +Extensive market access
  • +Fast and secure payment methods
  • +low trading costs
  • +Fast execution
  • +User-friendly mobile and web platforms
  • +Supports TradingView, MT4, ProRealTime, and L2 Dealer
  • +Solid support for algorithmic trading

Cons

  • Limited product range

IG - At a Glance

Trading Conditions

Broker Type
Market Maker, DMA
Minimum Deposit
$0
Maximum Leverage
1:200
Spread Type
Variable
Spread From
0.9 pips
Commission
0
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
100
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs, Spread Betting

Account Types

Demo Account
Yes
Swap Free Account
Yes
Managed Account
Yes
PAMM / MAM Trading
Yes
Joint Account
Yes
Social / Copy Trading
No
Bonuses
No
Contests
No

Platforms & Tools

Trading Platforms
Web, Mobile, TradingView, MetaTrader 4, MetaTrader 5, ProRealTime, L2 Dealer
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
Yes

Company

Regulation
FCA (United Kingdom), CFTC (United States), NFA (United States), BaFIN (Germany), Deutsche Bundesbank (Germany), ASIC (Australia), FINMA (Switzerland), FSCA (South Africa), MAS (Singapore), FMA (New Zealand), DFSA (UAE), JFSA (Japan), BMA (Bermuda)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Headquarters
Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA, United Kingdom.
International Offices
United Kingdom, United States, Australia, Germany, Switzerland, Spain, Italy, France, Sweden, Poland, Singapore, Japan, India, Bermuda, South Africa, UAE
Payment Methods
Bank Transfer, Credit/ Debit Card, Paypal
Account Currencies
USD, GBP, EUR, AUD, SGD, HKD
Languages
English, Spanish, Arabic, French, German, Italian, Mandarin, Chinese, Japanese, Dutch, Swedish, Portuguese
Customer Support
Email, Phone, Live Chat

70% of retail FX and CFD accounts lose money.