IG Markets review IG Markets information and promotions

Company: IG Group
Founded in: 1974
Online since: 2003
Offices in: Australia, China, France, Germany, Italy, Japan, Netherlands, Portugal, Singapore, South Africa, Spain, Sweden, United Kingdom, United States
Payment options: Credit and Debit cards, Wire Transfer
Demo Platforms: PureDeal and L2 Dealer both limited to 14 days use
Account currencies: Euro, Great Britain pound, United States dollar
Currency pairs: ASIC, FSA (UK)
Regulated by:
US Traders welcome?: No
Bonus? (detailed):
Website available in (languages): Chinese, English, French, German, Italian, Japanese, Portuguese, Russian, Spanish, Swedish
Support available in: Chinese, English, French, German, Italian, Japanese, Portuguese, Russian, Spanish, Swedish
Support methods: Email, Office, Phone
Account Types (micro standard executive islamic): Standard and ECN
Minimum account size: $1
Minimum position size: 0.1 lot
Spread type: Variable
Minimum spread on EUR/USD, pips: 0.8
Scalping: Allowed
Expert Advisors:
Trading instruments (GOLD; CFD, etc. and the leverage): Forex – 1:200, Gold & Silver – 1:200, CFD – 1:200, Oil- 1:200
Number of currency pairs: 61
Trading platforms: PureDeal
Trading by telephone: Yes
Islamic accounts available: Yes
Bonus offers:
Hedging: Yes
Overnight interest rates (swaps):
Trailing stop: Yes
Free education: Yes
Mobile trading:
Browser-based platform: Yes

igmarketsIG Markets is a forex broker company which was established way back in 1974 and it became online only in the year 2003. They have their offices in number of countries which include Australia, China, France, Germany, Italy, Japan, Netherlands, Portugal, Singapore, South Africa, Spain, Sweden, United Kingdom and United States. The payment options are very less and can be made using credit cards, debit cards and wire transfers. The IG Markets uses in house trading platform which is named Pure Deal. They also have a mobile based application for all the traders who like to trade while they are on the move. However, for demo account the platform provided to the customers includes PureDeal and L2 Dealer both of which are limited to 14 days usage. The company is regulated by the financial regulatory authorities of U.K as the company is located there.
The customer support service is available to the customers in many languages and the support method includes, phone, email and office. They provide all the information on the status of their deal, account and any issue that you may encounter while trading from their account. They however do not provide any live chat option. They also have some promotions time to time and it varies. The spread is variable for forex trading and for other market it is kept fixed. The various advantages of trading with them is that account with them can be opened for a deposit as less as $1. The payment method is easy and can be done using paper check, credit and debit cards and using wire transfer. Some of the disadvantage of trading with this company is that they do not allow traders from US and Turkey. They do not have the facility of Live Chat as customer support service.
The reviews are the best medium to know about a broker and its performance in the Forex market. The online reviews posted by the users are the clear reflection of the company and its services. Most of the users like the fact that the company is regulated by FSA and have leverage up to 700:1. Many love their mini account and the demo account which is very easy to use. IG Markets offer large number of instruments to trade which include Gold, Silver, oil, indices, stocks, commodities and forex. They also allow scalping which is liked by traders who love to scalp. Some of the disadvantages listed by the reviewers is that they do not have automated trading dealing desk. Many miss the special bonuses that other traders have as IG Markets do not provide any. The mode of payments are very less and many miss the fact that they do not have PayPal as one of the options. They do not have live chat as one of the customer support methods is a big disadvantage to many traders. However, the overall review is good and the average rating given to the company is 5.4 out of 10.ยป Sign up now