IG Broker Overview
One of the world’s first online brokers, IG is known for its market-leading platforms and tools. It offers a diverse range of assets including forex, indices, commodities, stocks, and bonds. Traders can use IG’s proprietary web platform, mobile app, and third-party software like MT4 and ProRealTime for advanced trading. IG also offers access to a robust news feed and in-depth economic calendar.
IG Broker Overview: Key Facts Every Trader Should Know
IG’s competitive pricing is another big draw for active traders. Its forex spreads averaged 0.98 pips on EUR/USD during our tests, while IG Markets also features Direct Market Access (DMA) to facilitate efficient execution of large orders. Spreads on major indices and spot gold are similarly tight. IG’s educational resources through IG Academy and extensive market analysis reports support traders of all experience levels.
IG Broker Overview is an ideal broker for experienced traders looking for a robust platform with an intuitive interface. However, its fees work out expensive for casual investors making small trades infrequently. This is especially true when compared to alternatives like eToro and XTB that offer zero-commission stock trading. The broker also charges a fee for wire withdrawals and an inactivity charge of $12 per month after 24 months of inactivity. Fortunately, its e-trading services like Smart Portfolios and automated trading can help offset these costs for frequent traders. Moreover, IG’s mobile apps are superb and sync seamlessly with the web platform. They offer a comprehensive charting workspace with a variety of technical indicators and a customizable layout.…