The IG Markets demo account allows trading with virtual money in the amount of 10 thousand dollars. The minimum account is zero according to some data, and 5 thousand US national currency units according to others. The broker does not accept clients from the USA.
IG Markets Basics
The company was founded in 1974 in the UK. It is included in the IG Group holding. Since 2001, the broker has been providing online trading services. Regulators include: FSA , FCA (UK), CNMV (Spain), BaFin (Germany) , ASIC (Australia), AMF (France), CONSOB (Italy). The company is a member of the LSE and is subject to the Australian Securities and Investments Commission. All this has a very positive effect on the IG Markets rating.
Member of the FTSE 250 .
A variety of financial instruments is trading in raw materials, Forex currency pairs, metals, CFD contracts, Russian ADRs. Also – goods, cryptocurrencies, indices. Also consider IPOs, bonds and ETFs. The advantage of working with an intermediary is guaranteed stops. Quotes have 4 or 5 decimal places. There is a floating spread, leverage up to 1: 200.
Stop out is triggered at 50%. The margin call occurs at 100%.
You can work on the Meta Trader 4 trading platform. You can withdraw and deposit money from your account using bank cards, transfers or payment systems. In the list of advantages:
- Segregated accounts, allowing you to keep client money separate from brokerage.
- Allowed by IG Markets hedging , scalping , Expert Advisors trading .
- One-click trading opportunities exist.
- Trailing stop will protect your profits and minimize losses.
- Telephone dealing is a delicate way out of a situation when, for example, the Internet does not work or there is no electricity.
- OCO orders and an affiliate program are also available.
Additional details
IG Markets has its official website translated into several languages, including English. Prices are formed according to the DMA, MM system. There are a lot of deposit currency options: from traditional euros and dollars – to British pounds, Japanese yen, Swiss francs.
Additional valid options are NZD, CAD, SEK, SGD, PLN, AUD, CNY, HKD.
There are two types of accounts: standard and ECN. Trust management can be implemented through a PAMM account. The minimum transaction volume is 0.1 lot. Orders are executed according to the Instant Execution system. There are no swap-free accounts, but there is a VIP account. The locked margin is 25%. Interest rate – 2% per year. On the web, you can find reviews of IG Markets filled with positive meaning.
The support service works around the clock. On its own web resource, the firm indicates that it is possible to trade in more than 16,000 markets. Free training support is provided. There is a large assortment of risk management.
