IG was building their reputation for more than 40 years. This financial leader was established in early 1974 where they first offered Forex trading. With many years of experience, they have been implementing lots of novelties, along with binary options. IG has won reputable awards for supreme trading services and technology.
Thanks to IG broker innovations, traders can now trade via their smartphones and tablets. Read our IG broker review where you will find out more about this binary broker.
IG Special Features
After deep analysis of IG broker, we have found they have a direct approach towards binary trading.
Traders are welcome to choose between:
- Real trading account
- IG Demo Account
Minimum deposit starts with $200 which is considered to be the industry average. The unusual thing with IG broker is that traders can only choose one broker account for trading. All traders will start trading with same trading services, no matter how much they deposit. IG broker supports their clients with a variety of trading opportunities and customer support.
IG Demo account is available for free and traders can practice trading with virtual money to get a real feeling for trading on their platform. Demo account comes with $10,000 virtual money (we have tested this on UK trading account, for other countries it may vary). We always recommend to first practice with a demo account to get more platform experience and test its trading tools before depositing real funds. IG broker has a bit different approach with a demo account because instead of placing money, traders are investing trading points, but after all it has the same purpose – to practice.
After researching real IG trading account, we have found out that IG doesn’t support their traders with any risk-free trades or bonus promotions. At first, it is weird, but if you are experienced trader, you already know that your account will not be locked because you have accepted some tempting offers. IG claims to be focused on trading and it is visible in their terms and conditions too.
IG Trading Software
IG broker is based on a Proprietary platform. If you are experienced trader, you are supposed not to have to adapt long to trade with this platform. Beginners can learn how to trade with IG platform after practicing with a demo account.
In our IG broker review, we have been surprised with the variety of assets and expiry times offered by this broker. For those who trade short term options, we want to point out that IG broker provides options from 5 minutes. Since it has 40 years tradition, IG broker also provides exchange services.
IG website is properly designed and traders can find out about Forex, fees, trading platforms and other markets you can trade with if they visit the website.
As we have already mentioned, IG broker supports mobile trading. They implemented iPhone app and they are continuously upgrading mobile services. Traders are welcome to trade with all assets including stocks, indices, commodities, and currencies. There is also available an Android app.
Read more about IG trading services!
Available trading options:
- Ladder Options
- One Touch
- 5 minutes
- 1 hr
- End of Day
- End of Week
- End of Month
- 30 days
IG Support Information
Every leading broker is aware that language support is one of the most important things for the success of their clients. IG is available on most global languages including English, Spanish, German, Italian, Swedish and Norwegian. Traders can contact IG through email, phone and live chats.
IG provides the email address you can contact for any question: [email protected].
If you want to find out more about IG services, visit IG website where you will find an educational database with more information about trading tools and terms.
IG has also prepared simple FAQ section where traders will find basic information about minimum deposits, withdrawal policy, trading tools, available assets and more.
IG Banking and Company Information
IG has been building their reputation for many years and now they are a financial player that is available in global markets. Our IG broker review has found that this broker is regulated in the United Kingdom and Singapore. IG Markets Ltd. is registered by FCA in England and Wales under Register number 195355. License number for Singapore is IG Asia Pte Ltd, Co. Reg. No. 200510021K.
IG is available for trading in all countries except US, Africa and some Middle East Countries. Good news, IG binary broker is available for traders in Australia and New Zealand!
IG broker supports various financial methods for both depositing and withdrawing. Traders can transfer their funds by using multiple credit cards (Visa Electron, Maestro, Visa, MasterCard, Visa-Delta), bank wires, plenty of local payment methods, cheques or even prepaid cards. Not all the payment methods are available for all countries, so double check with IG customer support or you account manager.
In our IG broker review we have found out that withdrawals start at $100. There is also a possibility to withdraw smaller amounts but traders have to contact IG support and go through special procedure.
Transaction fees vary depending on payment method you are using. If you are transferring your money with credit cards, there is a 1,5% fee on each transaction. You can check all banking possibilities and trading fees on IG official website. We would like to point out that IG broker is not accepting third party payments.
IG is requiring to fill a form before clients are starting to trade with a real account. By filling this form traders provide information about the trading experience.