Comments Rating 2.17 (3 reviews)


Broker Name:

IG Group

Broker Type:



United Kingdom

Operating since year:





Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA, United Kingdom

Broker status:




(44) 207 896 0079






Trading platforms:

MT4, IG Web and Mobile Platform, ProRealTime

Trading platform Time zone:


Demo account:


Mobile trading:


Web-based trading:




Other trading instruments:



Minimum deposit ($):


Maximal leverage:




Scalping allowed:




IG Group was established in the United Kingdom in 1974 and is one of the largest CFD brokers in the world. The broker has regulation by several regulatory bodies worldwide, including top-tier regulators such as the Financial Conduct Authority (FCA) and the Federal Financial Supervisory Authority (BaFin). IG Group lists on the London Stock Exchange. IG Group is safe because it lists on a stock exchange, discloses its financials, and it oversees by top-tier regulators.


IG Group is a registered RFED with the CFTC and an NFA. Additionally, IG Markets Ltd and IG Index Ltd are authorized and regulated by the FCA in the U.K. and ASIC in Australia. Furthermore, it is listed on the U.K.’s FTSE 250 and has signed up for the “FX Global Code of Conduct, which contributes a standard set of guidelines for good practice in the markets. “IG (U.K.) also steps to ensure that client funds are not co-mingled with corporate funds, following the U.K.’s FCA client money rules. Clients also have additional asset protection through the Financial Services Compensation Scheme (FSCS), up to £85,000. IG (U.K.) provides clients with a guarantee that they will never lose more than they have in their accounts via the negative balance protection rules mandated under ESMA that went into effect in 2018. Guaranteed stop-loss orders also offered, which mitigate exposure to potentially catastrophic losses in extreme market conditions, like the 2015 Swiss franc currency shock.


The demo account at Olymp Trade is easy to access and provides $10000 for you to test out how the trading platform feels. It’s quite nice and doesn’t have the limitations that some competitors impose on demo accounts.

As for the live account types, the available information is quite limited. Some sources state that there are Standard and VIP accounts, while others say there are Forex and Option orientations. Whatever the case may be, the Olymp Trade should be the one you can refer to instead of searching for data on other websites. That’s just another showing of how the vagueness ruins the experience of users of the service.

As we’re unsure about how the accounts are different from one another, we’ll just present some of the specifications Olymp Trade provides without tying them to an account.


Min. deposit: $10
Max. leverage: 1:500
Spreads: No
Returns: Up to 92%


The broker offers a few trading accounts depending on the markets a client is interested in trading on:

● CFD trading account
● Spread betting account
● CFD trading & spread betting account
● Share dealing & CFD trading account

The lowest amount to trade or bet size is $1. Each account comes with full access to trading platforms, free market data, learning resources, and clock support.
There is also a professional account that allows for greater leverage levels in exchange for smaller regulatory protection. To qualify for an advanced account, a trader must have placed ten significantly leveraged trades per quarter for the last four quarters, including having a portfolio exceeding £50,000, plus have a minimum of one year’s professional derivatives trading experience.


  • Spreads & Fees

Spreads at IG Index are highly competitive, and they start at 0.6 pips on major forex pairs, such as the EUR/USD. However, on major indices, such as the FTSE 100, spreads start at 1 point, and on Spot Gold, spreads that go from 0.3 pips are applicable.

Other trading costs influence trade, beginning with overnight rollover charges. Details of rolling daily prices and rules are accountable to change but shown on the broker’s website. An inactivity fee also charged to inoperative accounts.

  • Leverage

The broker offers leveraged trading on shares, indices, forex, and cryptocurrencies. For retail clients, 1:30 leverage is available on forex. However, the leverage levels on indices and commodities are 1:20, and when it comes to cryptocurrencies, they’re 1:2.
IG Markets is clear about the margin call process and trading options that leveraged. The website also has an effective margin calculator.


IG Markets focuses on its proprietary web trader, which is also available as a mobile version. It is made fully customizable, offers very clean and informative deal tickets, and comes supplied with large-scale charting package. IG Live, this broker’s streaming market coverage, is accessible together with analytics, alerts, and signals. Over 86 million trades executed in 2019, with an average speed of 0.014 seconds. ProRealTime fully integrates with the web trader and enables professional traders to automatize their strategies. It promotes market analysis with over 100 indicators and presents additional custom indicators. IG Markets asserts to be the only UK based brokerage to provide ProRealTime.

This broker also offers the retail proven MT4 trading platform. It provides full automation of trading strategies, and IG Markets provides a range of add-ons that are generally required to unload this trading platform’s full functionality. The clients may take advantage of 18 unique indicators besides Autochartist. The L2 Dealer allows direct market access (DMA), but it may come with an additional cost for live price feeds. It features advanced liquidity and pricing, expert order control, and improved trading technology. This brokerage has done an outstanding job of delivering three distinct trading portals.
The proprietary web trader is where most traders will manage their portfolios.



IG Index clients complemented with a wide variety of over 17,000 tradeable financial instruments:

Indices – Reflect on the world’s biggest indices, counting the US S&P 500, NASDAQ, and Dow Jones, Germany’s Dax 30, plus the UK’s FTSE 100

Shares – Share deal is accessible on some of the world’s largest companies, such as Tesla and Netflix
Forex – 90+ FX pairs, majors, minors, and exotics included

CFDs – CFDs offered on multiple markets
Commodities – Trade precious metals, such as gold and silver, plus energies, such as Brent Crude Oil

Spread betting – The tax-free derivative provides a client speculating on forex, commodities, shares, and much more

Cryptos – Bitcoin, Ethereum, and many other blockchain-based cryptocurrencies
Digital options – A variety of binary equity options available

Also provided for trading at are ETFs, bonds, futures, and interest rates.


IG Group’s customer support team is available worldwide from 08:00 GMT Saturday to 22:00 GMT Friday. Help is accessible in multiple languages via:

Telephone contact number – 0800 195 3100

Email address – [email protected]

Twitter – @IGClientHelp

Also, fantastic peer support granted via the Community portal. Clients will find forums, blogs, tutorial videos, and webinars. IG Group’s online trading community is among the most extensive ones, with help provided on a whole array of issues, including if the website falls or if charts are not working/experience an outage. Information on closing an account and critical terms and conditions interpreted too. There is also a well-established complaints process to ensure that the clients can get any issues appropriately resolved.


IG Group is one of the largest and most trusted CFD brokers. Several financial authorities around the world regulate it.

IG has one of the best web-based trading platforms Brokerchooser tested. The deposit and withdrawal conditions are excellent. You can also educate yourself with high education materials.

However, there are some drawbacks. The stock CFD fees are high, and most countries’ product portfolio is limited to forex, CFDs, and options. The phone customer service also has lower response quality.

You are more than welcome to test IG’s first-class trading platform since there is no minimum funding amount for bank transfers, and you can easily open a demo account.

Thank you for taking your time and reading our review of the EuropeFX broker.
However, in case you need more information on the broker, feel free to do further research. We hope this review was helpful, and we wish you suitable luck trading!



  1. Avatar Isha Castaneda 30.09.2020
  2. Avatar Aqib Dudley 30.09.2020

Leave a Reply

User Review
  • Support
  • Platform
  • Spread
  • Trading Instrument

IG Group Review
  • Support
  • Platform
  • Spread
  • Trading Instrument
Comments Rating 2.75 (2 reviews)

Subscribe to Our Newsletters

Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.