3.3/10
(5 qualified reviews)
US Traders
  • Free education
  • Company IG Markets Ltd
  • Founded in 1974
  • Online since 2003
  • Offices in
    Show countries Hide countries
  • Payment options
    • Credit/debit cards
    • Wire transfer
  • Demo platforms
    • MetaTrader 4 (Limited with 14 days)
    • PureDeal (Limited with 14 days)
    • L2 Dealer (Limited with 14 days)
  • Account currencies
    • Euro
    • Great Britain pound
    • United States dollar
  • Regulated by
    • FCA (UK), 195355
  • Website available in
    Show website languages Hide website languages
  • Support available in
    Show support languages Hide support languages
  • Support methods
    • Email
    • Office
    • Phone
  • Trading server time zone GMT
  • Pending orders
  • One-click trading
  • Browser-based platform
  • Minimum account size $1
  • Minimum position size 0.1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.27
  • Minimum spread on EUR/USD, pips 0.8
  • Trading instruments
    • Forex1:200
    • Gold & silver1:200
    • CFD1:200
    • Oil1:200
    • Spread betting
  • Trading platforms
    • MetaTrader 4
    • PureDeal
  • Digits after dot 4
  • Number of currency pairs (of which exotic) 61 (52)
  • History
    Show history Hide history
  • Pending orders
  • Minimum account size $50,000
  • Minimum position size 0.1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.27
  • Minimum spread on EUR/USD, pips 0.8
  • Commission (one-way) per 1 std. lot $3
  • Trading instruments
    • Forex1:200
    • Gold & silver1:200
    • CFD1:200
    • Oil1:200
    • Spread betting
  • Trading platforms
    • MetaTrader 4
    • PureDeal
    • L2 Dealer
  • Digits after dot 4
  • Number of currency pairs (of which exotic) 61 (52)
  • History
    Show history Hide history

Reviews

11 reviews of IG are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, UK.

IG claims to be one of the leading brokers and surely they are scam. I've been trading with them for more than 2 years, they always change the settlement prices and then claim that their charts are not accurate. If the charts on their website are not correct how do they expect clients to trade, for example if you place a trade and the market settles at 10091.55 on their live chart, they will say ooh sorry the correct settlement price was 10094.66

They would claim this price to be on third party platform.

They will steal your money be warned!!!!!!!!!!!!!!!

, Singapore.

Hi all,

Kindly go through to see whether you are affected and please inform those who you think that they are affected. Thank You.

I have recently started a petition against the unfair practices and trading systems of IG Markets Ltd on

http://www.avaaz.org/en/petition/IG_Markets_Ltd_Call_for_compensation_a_fair_and_transparent_trading_system_and_practices/?nLPupib

Please copy the link above and paste it at Google search engine and/or at the web address bar.

Through this, I hope to gather like minded people and victims and seek compensation. At the same time, I hope that this petition drives IG towards a more transparent and fair trading system.

A) All customers of IG Markets can be deemed to be victims of their unfair trade system and practices. Customers of IG Singapore will expect that trades are executed by IG Singapore. However, this is not the case as trades are executed by IG UK or IG Australia.

The execution of trade is a form of regulated activity. Only entities which hold a Capital Markets Services (CMS) licence such as IG Singapore are allowed to carry out the regulated activities prescribed under the Securities and Futures Act (SFA) according to the Monetary Authority of Singapore. IG UK or IG Australia, a sister entity of IG Singapore, does not hold a CMS licence and hence is not allowed to deal (such as accept and execute trades) with the customers of IG Singapore. Based on this, IG has breached their contract with the MAS. Hence, all customers of IG are affected.

B) IG Australia had delayed or withheld executing of trades to see whether IG would profit or lose from executing trades (IG Australia had rejected after delaying the trades although trades were executed at IG’s quoted price). This has resulted in a loss of profits as trades that were legit were subsequently rejected.

Thus, it is important for clients of IG Markets Ltd to stand together against these practices to fight for our rights as traders and to fight for a fair trading platform for everyone’s benefit. Clients of Stop Orders, Limit Order and Stop and Limit Related Orders may relate to this cause more as these orders are often routed for manual execution, which is often carried out in IG Australia (please be referred to point A above). These trades are then executed by IG Australia which is not a CMS licensee. Hence, IG had illegally executed the trades according to the evidences.

Over the past 2 years, I have been conducting research and analysis on IG Markets and managed to gather a relatively substantial list of evidences against IG’s unfair practices.

My Evidences include:

- Unreliability of IG’s trading platform,

- How IG manipulates my trades,

- Unfair and non-transparent reasons for the rejection of my trades

- Unauthorized execution of my trades (my trades were routed to IG Australia for manual execution when my trades must only be executed by IG Singapore)

Should you wish to contribute to my cause and to build a stronger case against IG Markets, do contact me at limayden@gmail.com. Also, do sign the petition at the link above to support the cause. Thank you and I look forward to your support.

, Trader.

Depositing and esp. trying to withdraw your money is extremely SLOW and they charge huge FEES and commissions to deposit and withdraw money. The spreads are huge too. Everything you do they will continually skim money from your account, every deposit, every withdrawal and every trade. A terrible SLOW broker that only knows how to make money by skimming money from clients. When I finally am trying to close my account and withdraw my money, they are asking for heaps of paperwork and are taking a very long time for me to withdraw my money... and I still haven't been able to withdraw my money.

, HOLLAND.

I trade now about half year with them, and everything is working well.

sometimes even better prices when i try to sell than I thought I would get.

very happy with the platform , also with the android mobile app.

In holland they really try to help you.

If you take to big positions they call you, to warn you for the dangers.

, Sweden.

IG Markets are the best. Always get the quotes seen on screen and 70 % of the times I even get better quotes. Super low spreads, fast withdrawals, excellent service, superb platform. And their quotes really follow the real market, I have compared their quotes carefully for a very long time and they get better and better.

They also have a DMA option to trade from. They have all youo need, and better, you can really trust them with your life. Thank you IG.

, Spain.

I can't almost beleive the complains... I have done about 500 operations with IG, and had slippage just twice, and really small one. They are really serious about money retirement, and prices and spreads are always ok. I haven't had any difficult in dealing with them, not in profit, not in loss.

, Australia.

Why is it it's ALWAYS the Malays that complain......been with a company for how long, 3yrs.........perhaps you should have pulled the plug earlier or phoned the orders in!!!!!!

, Malaysia.

I had been trading with this broker for past 3 years, platform are suck !! very easy to execute order when in loss, very difficult to execute order when in profit(keep appear in processing then show price not available anymore). The worst platform i ever seem ! Going to terminate the acc soon.

, Nairobi.

seriously guys...whats with the lies, I had an account with them and i always had problem with the platform, esply when am making money. Am not a scalper so i know what am talking about

, uk london.

Have tried a couple of brokers over the past 6 month before on web the based platform and was really let down by the software i wanted something that i could just jump on any computer know matter what it was Win Linux Mac login and off. only been igmarkets for a few month no problems so far transfer of funds is quick and simple as well as withdraws execution of trades is fast and painless spreads are ok about the same as most other brokers out there but there software works great so far keep the good work up..............

, uk.

i run Ubuntu linux operating system and after trying mt4 on Alpari uk it was ok i had a few prob with it so after trying a few more other brokers in the uk tried capital spreads and etx capital only probs with them was there buggy software otherwise ok no probs please get your software sorted decided to go with ig markets the software is great fast just works even with 10 browsers open that was my test most web based software if you open up a few other browsers very well pleased......

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