IG is the UK’s leading financial spread betting company. IG provides financial spread betting on a huge range of markets such as indices, currencies, commodities, shares and many more.
IG has versions of its award-winning trading platform on a wide variety of mobile devices from iPad to iPhone and Android smartphones.
- Full individual client fund segregation
- 99.5% of trades executed in 0.1 seconds
- Over 70 FX pairs from 0.8 pips
- Over 7000 global shares
- Free premium live Reuters news
- Trade on advanced charts
- Free custom IG apps for all smart phones and the iPad
- No re-quotes
- No obligation to fund or trade. Free to set up
- Open an account online in 3 minutes
IG Index, the original IG Group company, was founded by Stuart Wheeler in 1974 and was the world’s first spread betting company. In 2000 IG Group was floated on the London Stock Exchange and is now a member of the FTSE 250.
IG is a trading name of IG Index Ltd and IG Markets Ltd; IG Index provides spread betting and IG Markets provides CFD trading. IG Index Ltd is authorised and regulated by the FSA (Financial Services Authority), FSA Register number 114059 and is a member of the London Stock Exchange. It is the largest single provider of spread betting and CFD accounts in the UK (Investment Trends UK Leveraged Trading Report October 2012).
Country: United Kingdom
A great easy platform
Probably best CFD provider ...
You can negotiate commissions - even at small trade size levels (I did).
Largest universe of US stocks for CFD provider.
Decent customer service.
When you trade with IG(DMA) you are trading in the market, buying and selling for their account, but IG is writing you a CFD contract. They are not trading against you as a quote driven provide would be doing(CMC)
not so great
A good outfit.
Aviod!! Sharks at work
Not a fan...
Their service has always been shoddy when I have had a problem and they recently did me out of a large sum on a non-guaranteed stop.
I had a stop on cable and the market moved about 50 points in approx 2 mins. My stop was hit but I was taken out 40 points below the stop level. There was no gap (cable rarely gaps that far) and there were over a dozen ticks between the points.
When I called to point out that the difference between my stop and the level they took me out at was several grand apart I got some dopey dealer offering to put me through to the FX desk. The FX desk just said 'well, that is where we got out'.
I fail to see why their slow, and presumably manual, hedging should cost me so much money.
I think that the new management must be letting things slip.
Poor show - have emptied my account and spread it across a few competitors.
igindex sales team actually know the difficulties of first time traders and shortfalls of their system, they refused to open me an account in order to protect me, they did reveal the real risks of spread betting and that it can make me broke. They don't allow you to open an account unless you are working full time, good advice on one hand. I suggest finspreads.com betting as little as 1p for all first timers.
Bad fills are a reallity not only with igindex but with deal4free.com too, bad fills, slipage, unexecuted orders, all become apparent on big stakes. deal4free also move the spread to your disadvantage for stakes over £20! These facts become apparent on big stakes only!
Don't be ready to give a broker a good rating based on trading with stakes under a few £££.
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