IG Markets Review 2027

In short: IG Markets is a long-established forex and CFD broker with a track record dating back to 1995. It offers MetaTrader platforms, expert advisors and copy trading, but traders should check its fees, leverage rules and licensing carefully before opening an account.

This review looks at IG Markets from a trader's point of view. We cover what our database confirms about the broker, where the details still need checking on the official website, and which kinds of traders are most likely to find it suitable. Our aim is an honest picture of costs and safety, not a sales pitch.

IG Markets: Key Facts

Before you open an account, check the broker's licence in the official FCA Financial Services Register.

IG Markets Overview: Company Background and Regulation

Company Background

IG Markets was founded in 1995 and lists its United States headquarters and registered address in Chicago. Its long history is one of the more useful points in its favour, since many newer brokers have far shorter records. A long track record does not guarantee service quality, though, so it is worth testing support and withdrawals yourself.

Regulatory Oversight and Safety

Our database lists five regulators for the broker: the NFA and CFTC in the United States, ASIC in Australia, the FSA in the UK and MAS in Singapore. Each regulator applies its own rules to the entity that serves clients in its jurisdiction, so the protections you receive depend on which company you actually sign up with. Check the entity name in your agreement.

Our records do not include individual licence numbers for each entity. Confirm the exact licence on the regulator's public register before you deposit funds, and read the client agreement to see which entity holds your account.

IG Markets Account Types and Trading Conditions

Account Types

Our database lists a standard account and a mini account as available options. Smaller accounts suit traders who want to test strategies with less exposure, while standard accounts are designed for more experienced traders. Account opening requirements and the exact terms of each type should be confirmed on the official website.

Spreads, Leverage and Fees

Spreads on major forex pairs are listed at 2-4 pips, and the broker uses either fixed or variable spreads depending on the account and market conditions. Variable spreads can widen during fast markets, such as around major news releases, so check live quotes at the times you plan to trade.

Maximum leverage is listed at 1:700, with an asterisk in our records. That asterisk usually signals that the limit depends on the client's entity, jurisdiction or account type. High leverage can magnify losses as well as gains, so it is wise to use far less than the maximum. Compare the full cost of trading, including any commissions and overnight financing, before you commit to a strategy.

IG Markets Trading Platforms and Tools

IG Markets supports MetaTrader 4 and MetaTrader 5, which are widely used by retail traders. Mobile MT4, web platforms and other trading platforms are also available, so you can monitor positions from a desktop, browser or phone. Traders who want to automate strategies will find that expert advisors are supported.

Copy trading is also offered, which lets you follow the trades of other accounts. Copy trading does not remove risk, and past performance of any account you follow is not a reliable guide to future results. If you are still learning chart analysis, our guide on forex markets technical analysis covers the basics before you test any automated approach.

IG Markets Deposits, Withdrawals and Customer Support

Deposits can be made by credit card, wire transfer, ACH transfer and check, according to our records. Processing times, minimum amounts and any fees differ by method and region, so read the funding page before choosing one. Keep an eye on currency conversion charges if your account currency differs from your bank currency.

Customer support is available in several languages, including English, Spanish, Chinese, Japanese, Italian, German, Portuguese, Russian and French. Before funding an account, send a few test questions through the channels offered and note how quickly and clearly they are answered. This is a simple way to judge service before any money is at risk.