IG REVIEW 2024: A COMPREHENSIVE GUIDE TO TRADING WITH IG

IG Trading Platforms

IG provides access to several advanced trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary ProRealTime platform. These platforms are renowned for their advanced charting tools, technical indicators, and automated trading capabilities. Both platforms are available for desktop, web, and mobile devices, ensuring that traders can access their accounts and manage trades from anywhere.

IG Mobile Trading

The IG mobile app delivers a seamless trading experience on the go. Available for both iOS and Android devices, the app offers full account management, advanced charting, and one-click trading. Traders can stay connected to the markets and manage their portfolios anytime, anywhere.

IG Trading Features

IG offers a range of features designed to enhance the trading experience:

• Advanced Charting Tools: Access to multiple chart types and technical indicators.
• Multiple Order Types: Market, limit, stop-loss, and trailing stop orders.
• Automated Trading: Support for Expert Advisors (EAs) on MT4 and MT5.
• Risk Management Tools: Negative balance protection and customizable leverage settings.

IG Research & Education

IG provides extensive research and educational resources, including market analysis, trading guides, webinars, and tutorials. These resources are designed to help traders of all levels improve their trading skills and make informed decisions.

IG Regulations & Licensing

IG is regulated by multiple financial authorities, ensuring high standards of security and transparency:

• United Kingdom: Financial Conduct Authority (FCA)
• Australia: Australian Securities and Investments Commission (ASIC)
• Singapore: Monetary Authority of Singapore (MAS)
• United States: Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA)
• Switzerland: Swiss Financial Market Supervisory Authority (FINMA)
• Japan: Japanese Financial Services Authority (FSA)
• Dubai: Dubai Financial Services Authority (DFSA)
• New Zealand: Financial Markets Authority (FMA)
• South Africa: Financial Sector Conduct Authority (FSCA)
• European Union (various countries): Federal Financial Supervisory Authority (BaFin) in Germany

IG Pricing

IG offers competitive pricing with tight spreads and low commissions. The fee structure varies by account type, with the Standard account having no commission and the Professional account offering lower spreads with a commission.

IG Deposits & Withdrawals

IG supports a variety of deposit and withdrawal methods, including bank transfers, credit/debit cards, and e-wallets. Processing times are generally quick, with most deposits being instant and withdrawals processed within 1-3 business days.

Customer Support

IG provides robust customer support through multiple channels, including live chat, email, and phone support. The support team is responsive and knowledgeable, assisting with a wide range of inquiries from account setup to technical issues.

IG Trading Experience

Traders with IG can expect a smooth and efficient trading experience. The platforms are user-friendly, and the trading conditions are competitive. Additionally, the availability of MT4, MT5, and ProRealTime allows for flexible trading strategies and automated trading.

IG Bottom Line

IG stands out for its advanced trading platforms, competitive trading conditions, and strong educational resources. While it may have some drawbacks, such as higher minimum deposits for some accounts, it offers a robust trading environment suitable for both beginners and experienced traders.

IG Spreads

IG Swap Fees

Possible to Trade NFT?

As of 2024, IG does not support direct trading of NFTs (Non-Fungible Tokens). Traders interested in NFTs may need to look for specialized platforms that focus on digital assets and collectibles.

Broker Details

IG operates under the regulatory oversight of multiple financial authorities, ensuring a high level of security and transparency. The broker provides a variety of trading instruments and a user-friendly platform catering to both novice and experienced traders.

Contact Info

IG offers multiple ways to get in touch with their support team:

• Email: [email protected]
• Phone: +44 20 7633 5430
• Live Chat: Available on the IG website

IG vs. eToro

When comparing IG to eToro, several differences stand out. IG offers a more traditional trading experience with competitive spreads and advanced trading tools. In contrast, eToro is known for its social trading features, allowing users to follow and copy trades from experienced investors. While both brokers cater to a wide range of traders, those seeking a social trading experience may prefer eToro, whereas traders focused on competitive pricing and advanced tools may find IG more appealing.

IG in 2024: What is New?

In 2024, IG has introduced several new features and improvements to enhance the trading experience. These include the launch of a new, more intuitive trading platform, additional trading instruments, and enhanced customer support services. The broker has also expanded its educational resources, providing more webinars, tutorials, and market analysis to help traders make informed decisions.

FAQ