Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
IG Markets Pros & Cons
- Fully regulated activities with participation in investor compensation schemes
- No minimum deposit required for accounts opened through the international division
- Leverage is available for currency trading
- Fee rebates offered to both new clients and active traders with high volumes
- Floating spreads from 0.6 pips for retail Forex accounts
- Deposits and withdrawals are not supported via e-wallets, electronic payment systems, or cryptocurrencies
- Trading conditions vary by country, requiring users to locate the broker’s website specific to their region
TU Expert Verdict
IG Markets demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
-
Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of IG Markets have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
-
Is IG Markets Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria10 /10IG Markets has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Negative balance protection
- Regulated in the UK
- Track record over 52 years
- Strict requirements and extensive documentation to open an account
-
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.8.8 /10IG Markets offers the following account options: Demo, Standard, ECN/Raw spread, Micro.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Demo account
- Standard account with balanced trading conditions
- No Swap Free account
- No Cent account
-
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5.8 /10IG Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
-
Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria10 /10IG Markets offers a wider selection of trading assets than the market average, with over 20000 tradable assets available, including 80 currency pairs.
-
Trading Account Opening
We successfully registered an account with IG Markets in 20 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at IG Markets is $1.Score:We evaluated Trading Account Opening at IG Markets by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
-
Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria9.2 /10IG Markets received a score of 9.2/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.
-
Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria8 /10 -
Customer Support
Score:We evaluated Customer Support at IG Markets by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria4.6 /10
Best IG Markets Alternatives
IG Markets Video Guides
FAQs
How safe is IG Markets in terms of regulation and investor protection?
IG Markets has a safety score of 10/10 and is regulated by multiple Tier-1 authorities, including the FCA (UK), BaFin, CySEC, ASIC, NFA, JFSA, CFTC, FINMA, and MAS, among others. Some of these regulators provide investor compensation schemes, such as up to £85,000 under the UK FCA and up to €20,000 under BaFin and CySEC, while others do not have specific funds but apply consumer protection rules.
What commissions and fees does IG Markets charge for forex trading?
According to the review, IG Markets has low overall fees, with tight EUR/USD spreads on Standard accounts typically ranging from 0.6 to 1.2 pips and GBP/USD from 0.6 to 1.5 pips. On RAW/ECN accounts, the broker charges a commission of $2.3 per lot with average spreads of 0.8 pips for EUR/USD and 1 pip for GBP/USD, and there are no deposit, withdrawal, or inactivity fees specified.
What do user reviews say about IG Markets overall?
IG Markets has a user satisfaction score of 7.8/10 based on 288 reviews, with 27% of users giving 5 stars, 35% giving 4 stars, and a small share leaving 1-star ratings. According to user reviews, the overall tone is mostly positive, though a notable portion of 3-star ratings (36%) suggests some mixed experiences.
How does the IG Markets account opening process work?
The review states that opening an account with IG Markets is fully online, took 20 minutes for registration, and KYC verification was completed within 1 business day, with a minimum deposit of $1. Users create a My IG client area to upload verification documents, manage deposits and withdrawals, open demo accounts, view account statistics, enable 2FA, and generate Refer a Friend reward reports.
What trading platforms and tools does IG Markets offer, according to user feedback and expert comments?
IG Markets supports MT4, TradingView, a proprietary platform, and WebTrader, and provides features such as one-click trading, 2FA, alerts, and support for trading bots (EAs). The broker also offers additional tools like Trading Central, API access, free VPS, a strategy (EA) builder, and Autochartist, while cTrader is not available.
Articles that may help you
-
#For Beginners
IG Markets Maximum Forex & CFDs Leverage Explained (2026)
June 2026 Andrey Mastykin -
#For Beginners
Is IG Markets Regulated and Safe in 2026
June 2026 Mikhail Vnuchkov -
#For Beginners
IG Markets Available Countries – Full List (2026)
June 2026 Andrey Mastykin -
#For Beginners
IG Markets Withdrawal Fees, Time & Payment Methods (2026)
June 2026 Mikhail Vnuchkov -
#For Beginners
IG Markets Minimum Deposit and Funding Options
May 2026 Andrey Mastykin -
#For Beginners
Understanding Weekend Trading with IG Markets
February 2025 Peter Emmanuel Chijioke -
#For Beginners
February 2025 Peter Emmanuel Chijioke
-
#For Beginners
IG Markets Futures Trading: Full Guide
February 2025 Peter Emmanuel Chijioke -
#For Beginners
IG Group Trading Course Review
January 2025 Peter Emmanuel Chijioke