IG Review 2026
50+ years of trading heritage. 17,000+ markets. ProRealTime charting. Tax-free spread betting for UK residents. The industry benchmark for serious traders.
IG Overview
The world's largest CFD and spread betting provider since 1974
IG is the world's largest CFD and spread betting provider, founded in London in 1974 by Stuart Wheeler. As a FTSE 250 company with 313,000+ active clients and a £3+ billion market cap, they pioneered financial spread betting and remain the industry benchmark for quality and reliability.
What sets IG apart is their comprehensive offering: 17,000+ tradeable markets, professional-grade platforms including ProRealTime and L2 Dealer for direct market access, industry-leading research and education, plus tax-free spread betting for UK residents. Their multi-jurisdictional Tier-1 regulation across FCA, ASIC, BaFin, and CFTC provides best-in-class safety.
Deep Dive Heritage, Public Accountability & Market Position IG isn't just another broker — they effectively invented the retail CFD and spread betting industry. Founded in 1974, they predate most competitors by decades and have survived every major market crisis from the 1987 crash to COVID-19 volatility.
The FTSE 250 listing provides a level of accountability unmatched by privately-held brokers. Quarterly earnings are publicly available, accounts are audited by Big 4 firms, institutional shareholders provide governance, and executive compensation is tied to performance. With a £3+ billion market cap and 2,500+ employees across 17 countries, IG operates at a scale that ensures stability.
IG positions itself as the premium choice for serious traders who value quality over rock-bottom pricing. They compete not on headline spreads but on platform depth (ProRealTime, L2 Dealer), research quality (industry-leading analysis), regulatory standing (50 years with the FCA), and market breadth (17,000+ instruments — the largest selection available). For traders who understand the total cost of trading, this value proposition makes sense.
The broker particularly suits three profiles: UK residents wanting tax-free spread betting combined with professional-grade tools, research-driven traders who value in-house analysis and education, and platform power users who need ProRealTime charting or direct market access via L2 Dealer.
How to Get Started
Apply Online
Complete the application in 5-10 minutes. Upload ID and proof of address for verification.
Fund Account
Deposit $250 minimum via bank transfer, card, PayPal, or Apple Pay. All deposits are free.
Start Trading
Access 17,000+ markets via the IG platform, ProRealTime, MT4, or L2 Dealer.
Key Strengths
What makes IG the industry benchmark for CFD trading
50+ Years Experience
The world's oldest CFD broker, operating continuously since 1974. FTSE 250 listed with £3+ billion market cap.
17,000+ Markets
The largest instrument selection of any broker. Forex, indices, stocks, commodities, crypto, and bonds.
ProRealTime Charting
Professional-grade charting with 100+ indicators, pattern recognition, and automated trading. Free with 4+ trades/month.
Tax-Free Spread Betting
UK residents pay zero capital gains tax or stamp duty on spread betting profits. Identical spreads to CFDs.
L2 Dealer DMA
Direct market access with Level 2 pricing and algorithmic trading for professional traders.
Research Excellence
Industry-leading analysis, daily commentary, IG Academy education, and integrated news feeds.
Deep Dive ProRealTime Advantage, DMA, & Tax-Free Spread Betting IG's platform depth is genuinely unmatched. While most brokers offer MT4/MT5 and a basic proprietary platform, IG adds ProRealTime — professional-grade charting used by institutional traders — and L2 Dealer for direct market access. These aren't marketing add-ons; they're tools that change how you trade.
ProRealTime alone is a compelling reason to choose IG. With 100+ technical indicators, pattern recognition technology, automated trading via ProOrder, and a market scanner, it's the kind of platform that standalone charting services charge £200+/year for. IG includes it free if you place 4+ trades per month. For technical analysts, this represents genuine value that offsets any spread differentials with discount brokers.
For profitable UK traders, the spread betting tax advantage is transformative. A trader earning £50,000 annually through CFDs would pay approximately £10,000 in capital gains tax. The same profits via spread betting: zero tax. Over a trading career, the compounding tax savings easily reach six figures. IG's spread betting offering covers all 17,000+ markets with identical spreads to CFDs.
The L2 Dealer adds direct market access — Level 2 order book visibility, direct exchange access, and algorithmic trading support — making IG a viable choice for professional traders who typically need specialist platforms. Combined with the share dealing service for actual stock ownership, IG offers a breadth of service unmatched by any single competitor.
Fees & Spreads
Competitive spreads with transparent pricing across 17,000+ markets
Spread Betting vs CFD Trading at IG
IG offers both account types with identical spreads. Here is how they compare.
UK residents can operate both account types simultaneously, plus a share dealing account.
Deep Dive Spread Analysis & Total Cost of Trading IG isn't the cheapest broker on every metric, but their pricing is competitive when you consider the total package: Tier-1 FCA regulation, ProRealTime charting, professional research, and 17,000+ markets — all included in the spread.
The EUR/USD spread from 0.6 pips is competitive for an FCA-regulated broker of IG's calibre. When you factor in the all-in costs — including commissions, platform fees, and data charges that discount brokers often add separately — IG frequently works out comparable. The key is evaluating total cost, not headline spreads alone.
Stock CFD commissions are where costs can accumulate. At 0.1% with a $10 minimum, a $5,000 trade costs $10 (0.2% effective) while a $50,000 trade costs $50 (0.1% effective). This structure favours larger position sizes. For smaller stock trades, the minimum charge is proportionally expensive compared to commission-free alternatives.
The $12 monthly inactivity fee only kicks in after 24 consecutive months of zero trading — more generous than most competitors who charge after 3-12 months. One trade every two years avoids it entirely. For UK spread bettors, the tax savings on profits make IG cost-effective despite any marginal spread differences. Factor in free ProRealTime access (worth £360/year at standalone pricing) and the total value proposition strengthens considerably.
Safety & Regulation
Tier-1 regulation across four jurisdictions with 50 years of FCA history
FCA
United KingdomASIC
AustraliaBaFin
GermanySegregated Funds
Client money held separately at tier-1 UK banks
£85,000 FSCS
Financial Services Compensation Scheme for UK clients
FTSE 250 Listed
Public company accountability with quarterly SEC-grade reporting
Negative Balance
Cannot lose more than deposited under FCA retail rules
Deep Dive FCA Since 1974, FTSE 250 Transparency & Crisis Track Record IG's safety credentials are exceptional — arguably the strongest in the entire retail trading industry. The combination of 50+ years of FCA regulation, FTSE 250 public listing, and multi-jurisdictional Tier-1 licenses creates a layered security structure that very few competitors can genuinely match.
IG has held FCA license 195355 since 1974 — one of the earliest registrations. Continuous operation under UK regulation for five decades demonstrates sustainable business practices through every major market crisis: the 1987 Black Monday crash, the dot-com bubble, the 2008 financial crisis, the 2015 Swiss franc shock, and COVID-19 volatility. In each case, IG remained solvent, operational, and honoured all client positions.
The FTSE 250 listing adds accountability that privately-held brokers simply cannot offer. Quarterly earnings reports are publicly available, annual accounts are audited by Big 4 firms, institutional shareholders provide governance, and executive compensation is tied to performance. With a market cap exceeding £3 billion and 2,500+ employees, IG operates at a scale that ensures genuine financial stability.
For traders with larger deposits, this corporate structure provides real peace of mind. The £85,000 FSCS protection significantly exceeds the standard EU compensation of €20,000, and IG's BaFin and ASIC regulations add additional layers of oversight. No broker represents zero risk, but IG ranks among the safest retail trading options available globally.
Trading Platforms
Four professional platforms including ProRealTime and L2 Dealer DMA
IG Trading Platform
4.6Award-winning proprietary platform with advanced charting, integrated news feed, economic calendar, and comprehensive risk management tools.
- Advanced charts
- News feed
- Economic calendar
- Risk management
ProRealTime
4.8Professional-grade charting with 100+ indicators, pattern recognition, automated trading via ProOrder, and market scanner. Free with 4+ trades/month.
- 100+ indicators
- Pattern recognition
- ProOrder automation
- Market scanner
MetaTrader 4
4.5Industry-standard platform with full Expert Advisor support for automated trading strategies, custom indicators, and backtesting.
- Expert Advisors
- Custom indicators
- Automated trading
- Strategy backtesting
L2 Dealer
4.7Direct Market Access platform for professional traders with Level 2 pricing, algorithmic trading, and advanced order types.
- DMA access
- Level 2 pricing
- Algo trading
- Advanced orders
Deep Dive ProRealTime, L2 Dealer, IG Platform & MT4 IG offers the most comprehensive platform selection of any major broker. Where competitors typically provide MT4/MT5 and a basic proprietary platform, IG adds ProRealTime — professional-grade charting used by institutional traders — and L2 Dealer for direct market access.
ProRealTime is the standout. With 100+ technical indicators, pattern recognition technology, automated trading via ProOrder, market screener capabilities, and backtesting tools, it rivals standalone charting services that charge £200-400/year. IG includes it free with 4+ trades per month. For technical analysts and system traders, this alone justifies choosing IG over competitors with marginally tighter spreads.
The proprietary IG Trading Platform is genuinely comprehensive — not merely adequate. The charting is extensive, research integration is seamless with real-time market analysis and trading signals built directly in, and risk management tools include guaranteed stops. It has won multiple industry awards, and those awards are deserved. Available on web, desktop, and mobile with consistent feature parity.
L2 Dealer targets professional traders needing direct market access. Level 2 order book visibility, direct exchange access, and algorithmic trading support make IG viable for traders who would otherwise need specialist DMA brokers. MT4 rounds out the offering for Expert Advisor users with existing automated strategies. The only notable absence is MT5, though for most retail traders this is a non-issue given the alternatives available.
Account Types
CFD trading, spread betting, and share dealing all under one roof
CFD Account
Most Popular- Spreads From 0.6 pips
- Commission 0.1% on shares
- Min Deposit $250
- Leverage Up to 1:30
- Markets 17,000+
- Platforms All 4 platforms
Leveraged access to 17,000+ global markets. Go long or short with all platforms available.
Spread Betting
Tax-Free (UK)- Spreads From 0.6 pips
- Commission None
- Min Deposit $250
- Leverage Up to 1:30
- Tax Tax-free profits
- Markets 17,000+
UK/Ireland only. Same spreads as CFDs but profits are completely tax-free. No capital gains tax or stamp duty.
Share Dealing
Own Real Shares- Commission £8 per trade
- Min Deposit £0
- Leverage None (cash only)
- Dividends Yes, paid to account
- ISA Eligible Yes
- Active Trader £3 per trade
Own actual shares with dividend payments. ISA and SIPP eligible. £3 per trade with Active Trader discount.
You can operate all three account types simultaneously — CFDs for leveraged trading, spread betting for tax efficiency, and share dealing for long-term investing.
IG Pros & Cons
Honest assessment based on comprehensive testing and analysis
- Pro: 50+ years of experience since 1974
- Pro: FTSE 250 publicly traded company (£3bn+ market cap)
- Pro: 17,000+ tradeable markets — largest selection available
- Pro: ProRealTime charting free with 4+ trades/month
- Pro: L2 Dealer for direct market access
- Pro: Industry-leading research and education (IG Academy)
- Pro: Tax-free spread betting for UK residents
- Pro: Real share dealing alongside CFDs and spread betting
- Pro: Multi-jurisdiction Tier-1 regulation (FCA, ASIC, BaFin, CFTC)
- Pro: Weekend trading on select markets
- Con: $250 minimum deposit — higher than some competitors
- Con: $12/month inactivity fee after 24 months
- Con: Stock CFD commissions (0.1% min $10) expensive for small trades
- Con: Limited cryptocurrency selection (11 coins)
- Con: No copy trading or social trading features
- Con: ProRealTime charges £30/month if under 4 trades
- Con: No MetaTrader 5 support
IG FAQ
Is IG a safe broker?
IG is one of the safest brokers globally. Founded in 1974, they are regulated by FCA (UK), ASIC (Australia), BaFin (Germany), and CFTC (US). As a FTSE 250 public company with £3+ billion market cap, they maintain the highest standards of transparency with audited accounts publicly available. UK clients receive £85,000 FSCS protection.
What is IG's minimum deposit?
IG requires a minimum deposit of $250 (or equivalent) for CFD and spread betting accounts. This is higher than some competitors but reflects their focus on experienced traders. The Share Dealing account has no minimum deposit requirement.
Does IG offer spread betting?
Yes, IG offers spread betting for UK and Ireland residents. Spread betting profits are completely tax-free in the UK — no capital gains tax or stamp duty. Spreads are identical to CFD trading, covering all 17,000+ markets.
What platforms does IG offer?
Four platforms: the proprietary IG Trading Platform (web/mobile/desktop), ProRealTime for professional charting, MetaTrader 4 for EA users, and L2 Dealer for direct market access. ProRealTime is free with 4+ trades per month.
Does IG charge inactivity fees?
Yes, $12/month after 24 consecutive months of no trading. This is more generous than many competitors who charge after 3-12 months. One trade every two years resets the clock entirely.
What is ProRealTime on IG?
ProRealTime is a professional charting platform integrated with IG. It includes 100+ indicators, pattern recognition, automated trading via ProOrder, and market scanning. Free with 4+ trades/month, otherwise £30/month.
Can I trade US stocks on IG?
Yes. IG offers CFDs on 12,000+ stocks including major US companies. Through the Share Dealing service, you can also buy and own actual US shares. Stock CFDs have a 0.1% commission with a $10 minimum per trade.
Does IG accept US clients?
Yes, through IG US which offers forex trading via their CFTC/NFA-regulated entity. However, CFDs and spread betting are not available to US residents due to regulatory restrictions.
What leverage does IG offer?
UK retail: 1:30 major forex, 1:20 indices/commodities, 1:5 stocks, 1:2 crypto. Professional clients who meet eligibility criteria can access up to 1:200 on forex pairs.
How does IG compare to Interactive Brokers?
IG excels in CFD trading, spread betting, and research tools. Interactive Brokers is better for actual stock ownership, options trading, and offers lower commissions for high-volume traders. IG has a more user-friendly interface, while IBKR offers more asset classes globally.
IG Verdict
Best For
Not Ideal For
IG is the gold standard for CFD and spread betting trading: 50+ years of heritage, FTSE 250 public accountability, multi-jurisdictional Tier-1 regulation, 17,000+ markets, and professional-grade platforms including ProRealTime and L2 Dealer. They are not the cheapest broker, but deliver genuine value for serious traders who appreciate premium tools, comprehensive research, and best-in-class regulatory safety.
Deep Dive Final Assessment: The Industry Benchmark IG has earned their position as the world's #1 CFD provider through five decades of consistent excellence. They aren't the cheapest option, but for traders who value quality, reliability, and comprehensive service, IG sets the standard others aspire to.
The 4.4/5 rating reflects exceptional safety (4.9), unmatched instrument range (4.8), industry-leading research (4.7), and strong platforms (4.6), balanced against above-average costs (3.8). IG excels at their core focus — premium CFD trading, spread betting, and share dealing for serious traders — while accepting they're not competing for the lowest-cost segment.
IG isn't for everyone, and that's by design. The $250 minimum deposit, $12 monthly inactivity fee (after 24 months), and stock CFD commissions suit traders with medium to large accounts who trade regularly. Complete beginners may find the platform depth overwhelming, and crypto-focused traders will be disappointed by the 11-coin selection.
For UK spread bettors specifically, the tax savings justify IG even at premium pricing. Profitable traders save thousands annually in capital gains tax — over a career, this amounts to six figures. Add free ProRealTime access (worth £360/year), L2 Dealer for DMA, industry-leading research, and the unmatched safety of a FTSE 250 company regulated for 50 years, and IG delivers genuine value for the right trader profile.
Ready to trade with IG?
$250 minimum deposit. FCA regulated since 1974. FTSE 250 listed.
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