IG Review

IG offers access to over 10,000 global markets and has thousands of assets available for trading, making it a leader in the binary options industry. Although they do not offer bonuses, they do offer a refer a friend reward scheme and their software is among the best in the industry, with both web based and mobile platforms. Their customer support is also second to none, being available 24 hours a day for their clients’ convenience.

IG offers access to over 10,000 global markets and has thousands of assets available for trading, making it a leader in the binary options industry. Although they do not offer bonuses, they do offer a refer a friend reward scheme and their software is among the best in the industry, with both web based and mobile platforms. Their customer support is also second to none, being available 24 hours a day for their clients' convenience. Intro IG is a global leader in the financial markets offering spread betting and CFD trading across a range of markets. They also offer…

Review Overview

Bonuses - 50%
Software - 95%
Customer Support - 95%
Options Choice - 100%

85%

Good quality broker

Summary : Very trusted broker

User Rating: Be the first one !
85

Intro

IG is a global leader in the financial markets offering spread betting and CFD trading across a range of markets. They also offer an expansive range of other investment products as well as binary options trading. This enormous brokerage company has a lot to offer, including extensive educational resources, impressive analytical data and a choice of advanced trading platforms. Their client support services are available 7 days a week to respond to queries and problems. This broker has more than 150,000 clients worldwide and so can be considered to be trustworthy and reliable.

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Company Information

IG has been in the financial industry for over 40 years and is an enormous brokerage service with over 150,000 worldwide clients. Operated and owned by IG Markets Ltd, the company is based in the UK. With a truly global presence, IG has offices across 15 countries and has a net trading revenue of over $400 million. This broker is regulated by the FCA for the clients’ peace of mind and keeps all client funds in segregated accounts for extra security. All transactions on their website are protected by the latest SSL encryption technology so clients can feel safe and secure about their personal and financial information.

Assets Available

IG offer an enormous range of assets for trading across a wide range of markets including:

Currencies: 87

Commodities: 5

Indices: 26

Stocks: 6000+

When you trade with IG you have access to over 10,000 worldwide markets.

Bonuses & VIP Programs

IG does not offer welcome bonuses to any clients, however they do offer a refer a friend scheme where you can be awarded credits which can then be exchanged at a later time for a cash reward. They also have a premium level trading account with more favourable conditions aimed at high volume investors.

Mobile

IG has a strong focus on allowing its clients to trade in whichever way they prefer, and as many people now prefer to check their assets and place trades from their mobile devices so that they are not tied to a PC, they have a convenient web based platform which needs no installations or downloads to function, but can be accessed from any device with an internet connection anywhere in the world. This platform functions beautifully and is extremely rapid for faster trade execution. There are also mobile apps for iOS and Android devices which allow clients to immediately access their account and execute trades from their tablet or smartphone while on the move.

Deposits and Withdrawals

IG offers has a surprisingly limited selection of payment options for making account deposits and withdrawals. These include:

  • Visa
  • MasterCard
  • Bank transfer
  • Maestro
  • Prepaid Card

Unfortunately, they do not offer any e-Wallet options for withdrawals or deposits, which is quite unusual for a brokerage of this size.

Withdrawals can be actioned quickly online and can be made to either a credit card or via bank transfer. Credit card withdrawals usually take around 3 days to be processed as to BACS payments. CHAPS payments are generally received on the same working day. A same day CHAPS sterling payment for over £100 has no fee attached and neither does a 3 day BACS withdrawal. A same day CHAPS sterling payment for under £100 attracts a fee of £15 as do international payments.

Customer Support

The IG customer service team can be contacted via a number of methods including by:

  • Live Chat
  • Telephone helpline

The IG support team can be contacted 24 hours a day from 8 am on Sunday morning until 10 pm on Friday evenings. They are also available from 9 am until 5 pm on a Saturday for their clients’ convenience.

The IG broker website also features an extremely comprehensive and helpful Frequently Asked Questions section so that clients who have a quick query need not speak to a customer service representative but instead can go online and search for a rapid response to their issue.

Extra Features and Resources

IG offers numerous resources and features that make them stand out from the crowd. Their educational resource section is very impressive, offering an introduction programme, seminars, webinars, guides and glossaries for clients to use at their leisure to improve their trading skills. IG also offers numerous analytical tools including market analysis, an economic calendar, a trading diary and the IG Live service.

Verdict

If you are considering choosing IG as your preferred binary options broker, there are a number of positive factors to consider, however there are also some disadvantages too:

Pros

  • Cutting edge trading software that is suitable for use by both experienced and novice traders
  • 100% online trading interface requiring no installations or downloads
  • Mobile trading app for both Android and iOS devices
  • Instant customer support via the live chat facility
  • 24 hour support from Sunday morning to Friday night
  • Free educational resources for clients at all levels of experience
  • Strong SSL encryption across the website
  • FCA licensed and authorised for peace of mind
  • Segregated client funds
  • Fast withdrawals and deposits
  • Market analysis and economic calendar
  • Refer a friend bonuses are available
  • Huge selection of assets
  • 40 years of experience in the industry for extra reliability

Cons

  • Does not accept clients from the USA
  • No e-Wallets accepted
  • No 24 hour support on Saturdays

FAQ

Can I trade with IG using my mobile device?

IG accommodate the needs of modern investors who prefer to use their mobile devices like smartphones and tablets for their trading. As well as having an innovate 100% web based trading platform which allows speedy trade execution and fast account access, IG also have a mobile app for both Android and iOS devices which allows excellent access from any location worldwide to trading accounts, allowing clients to take advantage of market conditions at any time and from any place.

Does IG offer demo accounts?

Demo accounts are a great way for potential clients to try the broker’s trading platforms and to see whether they are making the right decision by opting to use their services. IG offers a free demonstration account facility so that clients can try out their service. This is especially useful for those who are new to binary options trading as they can get some hands on trading experience and learn more about the basics of binary options without actually using any of their own money. Even more advanced investors can benefit as they can experiment with new strategies and techniques without risking their own funds.

Does it cost anything to register with IG?

The client does not have to pay a fee to register with IG, and there are no hidden charges to worry about.

Are my funds safe with IG?

When you choose IG as your preferred broker you can rest assured that both your personal and financial information is in very safe hands. IG is a regulated and licensed broker with the FCA so they have to comply with all regulations. They segregate all client funds in separate accounts for extra security in the event of a financial crisis and their website is thoroughly protected by the latest advanced SSL data encryption so it is effectively guarded against hacking and cybercrime.

Will IG help me to learn more about the financial markets?

IG have a helpful online educational resource centre which offers a wide range of tutorials, information, glossaries, webinars and seminars geared towards both new and advanced traders. These resources can help traders at all levels of experience to expand their knowledge and to hone their skills so that they can maximise their chances of success in the financial markets.

Does IG have a social media presence?

IG is aware of the importance of accessibility to its clients and they therefore have a strong social media presence on Facebook, Twitter, YouTube and Google+.

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