IG Review

Losses can exceed deposits


IG Index’s multi award-winning web dealing platform, PureDeal, offers a combination of reliability, security and high-speed execution.

The platform offers more than 8,000 markets covering stock market indexes, shares, forex, commodities, sectors, bonds, interest rates, house prices and custom bets.

You can also trade a number of popular markets, 24 hours a day, 5 days a week.

IG Index Platform

IG Index’s PureDeal platform offers account holders a range of trading tools including:
  • DealThru – IG Index’s real-time charts that let you trade directly from the charts. For more details see below.
  • Research – IG Index offer a range of research and analytical studies. These include a technical analysis service from independent experts.
  • Reuters News – Live streamed news.

IG Index


‘Number 1 Spread Betting Company’

A 2010 survey by Investment Trends, a leading independent research agency, showed that nearly 60% of active UK financial spread bettors have an IG Index account. This confirmed that IG Index is the UK’s most popular spread betting company. The same survey also confirmed IG Index’s position as the UK’s most popular retail forex provider.


IG Index Review

A look at the spread betting account from IG Index:


IG Account Review IG
Web PlatformIG - Web Platform
iPhone AppIG - Phone App
iPad AppIG - iPad App
Android AppsIG - Android Apps
Deposit AccountIG - Deposit Account
Typical Minimum Stake£1
Minimum Account Opening Deposit£0
Stop LossIG - Stop Loss
Guaranteed StopsIG - Guaranteed Stops
24 Hour TradingIG - 24 Hour Trading
Live ChartsIG - Live Charts
Demo AccountIG - Demo Account
FCA – Authorised and RegulatedIG - Authorised and Regulated by the FCA
Spread betting may also be available with other companies.


IG Index Multi-Award Winners

A review of some of IG Index’s more recent awards:

2012 Awards IG Index Awards
  • Best Spread Betting Firm – Investors Chronicle & Financial Times Investment Awards
  • Best Mobile Spread Betting App – Investors Chronicle & Financial Times Investment Awards
  • Best Spread Betting Provider – Shares Magazine Awards
  • Best Online Trading Platform – Shares Magazine Awards
  • Best Forex Trading Tools – UK Forex Awards
2011 Awards
  • Best Spread Betting Firm – Investors Chronicle & Financial Times Investment Awards
  • Best Mobile Spread Betting App – Investors Chronicle & Financial Times Investment Awards
  • Best Spread Betting Provider – What Investment Magazine
2010 Awards
  • Best Spread Betting Firm – Investors Chronicle & Financial Times Investment Awards
  • Best Spread Betting Service – MoneyAM Online Finance Awards
  • Best Online Charts – MoneyAM Online Finance Awards
  • Best Overall Online Provider – MoneyAM Online Finance Awards
  • Best Spread Betting Broker – Trade2Win Members’ Choice Awards
  • Spread Betting Provider of the Year – What Investment Magazine

    IG also made the 2010 Sunday Times’ App List. The IG Index iPhone app was the only spread betting app to make the list and was described as “indispensable”
2009 Awards
  • Best Online Provider – MoneyAM Online Finance Awards
  • Best Online Product Innovation – given for IG Index’s DealThru charting package – MoneyAM Online Finance Awards


IG Index Charts

IG Index covers both basic and advanced technical analysts with their range of real-time charting options.

Dealing from Charts: with the IG Index DealThru technology you can ‘drag and drop’ opening orders onto your charts. Your orders are displayed as lines on the charts and are activated when they are breached.

Autochartist: IG Index offers the powerful Autochartist pattern recognition tool that monitors the financial markets for you. Autochartist will alert you when the patterns indicate potential dealing opportunities in your chosen markets.

Mobile Charting: You can also access charts through the IG Index mobile apps.


IG Index Mobile

IG Index’s award-winning PureDeal platform is available on a wide range of mobile devices.

This means IG Index account holders can check the latest prices and charts as well as open and close trades from their mobile.

The IG Index mobile dealing app is tailored for iPhone, Blackberry and Android.
IG Index Mobile



IG Index Spread Betting Markets Review

A review of a number of the most popular spread betting markets covering the typical in-hours spread sizes and stakes.

IG Stock Market Index Review IG
FTSE 100 daily – spread size1
Dow Jones daily – spread size2
DAX 30 daily – spread size1
Indices – minimum stake£1
Indices – more markets availableIG - Stock Market Indices
Index spread betting may also be available with other companies.

IG have one of the widest ranges of stock market indices, the markets offered include:
  • European Stock Markets e.g. Austria 20, Belgium 20, Denmark 20, EU Stoxx 50, French CAC 40, Greece 20, Hungary 12, Italy 40, Netherlands 25, Norway 25, Switzerland Blue, Spain 35, Sweden 30, Poland 20, Turkey 30 and UK Techmark
  • Non-European Stock Markets e.g. Australia 200, Canada 60, China H-Shares Index, Hong Kong Index, India 50, Korea 200, Mexico 35, NASDAQ 100, Russell 2000, S+P 500, Singapore Blue, South Africa 40 and the Taiwan Index


IG Shares Review IG
FTSE 100 shares – spread size0.10%
FTSE 100 shares – minimum stake£1
More shares markets availableIG - Shares Markets
Shares spread betting may also be available with other companies.

Like the stock market indices above, the spread betting platform offers one of the widest ranges of individual shares:
  • European Equities – you can spread bet on a selection of Austrian, Belgian, Danish, Dutch, Finnish, Greek, Italian, Norwegian, Portuguese, Spanish and Swedish shares
  • Non-European Equities – you can also spread bet on a selection of shares that are listed in America, Hong Kong, Singapore and South Africa


IG Forex Review IG
Euro/Dollar daily – spread size1
Sterling/Dollar daily – spread size2
Forex – minimum stake£0.50
Forex – more markets availableIG - Forex Markets
Forex spread betting may also be available with other companies.

As well as the popular FX pairs above, using the IG mobile and/or web platforms, investors can also speculate on:
  • ‘Major’ FX markets including: AUD/JPY, AUD/USD, EUR/AUD, EUR/CHF, EUR/GBP, NZD/USD, USD/CAD, USD/CHF and USD/JPY
  • ‘Minor’ FX markets including: AUD/CAD, AUD/NZD, CHF/JPY, EUR/CAD, EUR/DKK, EUR/NOK, EUR/NZD, EUR/SEK, GBP/CAD, GBP/CHF, GBP/DKK, GBP/JPY, GBP/NOK, GBP/SEK, GBP/ZAR, NZD/CHF, NZD/JPY, USD/DKK, USD/NOK, USD/SEK and USD/ZAR
  • ‘Exotic’ FX markets including: EUR/CSK, EUR/HUF, EUR/MXN, EUR/PLN, EUR/TRY, GBP/CZK, GBP/HUF, GBP/MXN, GBP/PLN, GBP/TRY, USD/CZK, USD/HUF, USD/MXN, USD/PLN and USD/TRY


IG Commodities Review IG
Gold – spread size5
Brent Crude Oil – spread size4
Commodities – minimum stake£1
Commodities – more markets availableIG - Commodities Markets
Commodities spread betting may also be available with other firms.

Few platforms offer as many commodities as IG. In addition to the popular crude oil and gold markets, investors can trade other futures markets such as:
  • Energies e.g. Carbon Emissions, Heating Oil, London Gas Oil, Natural Gas and No Lead Gasoline
  • Metals e.g. Copper, Palladium and Silver
  • Softs / Agricultures e.g. Cocoa, Feeder Cattle, Lean Hogs, Live Cattle, Lumber, Pork Bellies, Rapeseed, Sugar and Wheat


IG Bonds and STIRS Review IG
Interest Rate markets availableIG - Interest Rate Markets
Bonds markets availableIG - Bonds Markets
Spread betting may also be available with other companies.



IG Index Risk Management

IG Index offers account holders a number of risk management order / bet types:
  • Controlled Risk Bets – these let you put an absolute limit on potential losses whilst enjoying unlimited upside. Note that Controlled Risk bets can only be chosen when you open your position.
  • Stop Orders – these help you reduce your risk by putting limits on potential losses whilst enjoying unlimited upside. They can be applied / changed after you have opened your trade however they are not guaranteed.
  • Limit Orders – these help you lock in a profit when a market moves in your favour.
  • Trailing Stops – these help you lock in your profits in more volatile markets. Trailing Stops mean that you don’t have to constantly adjust your Stops. If the market moves in your favour the Stop automatically moves with it.


About IG Index

IG Index was founded in 1974. In 1998 they became the first company to offer online financial spread betting; today they are a FTSE 250 company with over 120,000 clients worldwide.

IG Index is based in London and has 14 global offices across 5 continents. They process more than five million transactions per month.

Losses can exceed deposits

Contact IG

Phone: 0800 1953100

Address:
IG
Cannon Bridge House
25 Dowgate Hill
London
EC4R 2YA


CFD, share dealing and stocks and shares ISA accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902).

Both IG Markets Ltd (Register number 195355) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority.



Spread bets and CFDs are leveraged products and can result in losses that exceed deposits. The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Please ensure you fully understand the risks and take care to manage your exposure.

AuthorAlex Turner

Senior Editor, SpreadBetMagazine

4 thoughts on “IG Review

  1. It’s good to see the customer service phone number back on the IG homepage

    The number seemed to disappear for a while as they tried to run all their customer queries through an annoying online form.

  2. How much did the IG.com domain cost?

    A little off topic… IG used to run two separate brands IG Index (spread betting) and IG Markets (CFDs) but that all merged when they bought the IG.com domain name.

    I’d still like to know how much they paid for the IG.com domain.

    It can’t have been a small amount of money, especially when they bought it from Brazil’s third largest ISP who were actively using it.

    £1m?, £2m, £5m? Any insiders have the gossip? Feel free to comment below.

  3. You can now fund your IG account with PayPal. Not tried it yet but it could be a useful way to fund your account – particularly when you want to deposit quickly or if you’re overseas.

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