Score
IG
https://www.ig.com/en
Website
Rating Index
MT4/5 Verification
MT4/5
Full License
IG-LIVE2
Capital Ratio
Great
Capital
Influence
AAA
Influence Index NO.1
MT4/5 Verification
MT4/5 Verification
Full License
Capital Ratio
Capital Ratio
Great
Capital
Influence
Influence
AAA
Influence Index NO.1
Contact
Single Core
1G
40G
1M*ADSL
- WikiFX has recorded a total of 43 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.
Account Info
- Trading Env.--
- Currency--
- Maximum Leverage1:200
- SupportedEA
- Minimum Depositno minimum deposit requirement
- Minimum SpreadEURUSD 0.6 Gold 0.3
- Depositing Method--
- Withdrawal Method--
- Minimum Trade Size0.1,0.01(MT4)
- Commission--
- Trading InstrumentsForeign exchange, precious metals, CFD
Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.
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Search Sources
Target Language
Market Analysis
Ad Placement
Verified Site
ig.com
195.234.39.132Server LocationUnited Kingdom
ICP Registration No.--Top Visitor LocationsSingapore
Creation Date0001-01-01Website NameWHOIS.MARKMONITOR.COMCompanyMARKMONITOR INC.
Relationship Map
Related Companies
KASHIF RASHID
Secretary
Appointment Date
Status
Current Employee
IG MARKETS SOUTH AFRICA LIMITED(United Kingdom)
CLIFFORD JAMES ABRAHAMS
United Kingdom
Director
Appointment Date
Status
Current Employee
IG INDEX LIMITED(United Kingdom)
CLIFFORD JAMES ABRAHAMS
United Kingdom
Director
Appointment Date
Status
Current Employee
IG MARKETS LIMITED(United Kingdom)
Company Profile
Company Profile
Review summary
| Quick IG Review Summary | |
| Founded in | 1974 |
| Registered in | United Kingdom |
| Regulation | ASIC, FCA, FSA, FMA, MAS, DFSA |
| Market instruments | 17,000+, forex, indices, shares, commodities, cryptocurrencies |
| Demo Account | ✅($20,000 virtual funds) |
| Min Deposit | $0 |
| Leverage | Up to 1:400 |
| EUR/USD Spread | From 0.6 pips |
| Trading platform | L2 dealer, ProRealTime, MT4, TradingView |
| Copy Trading | ✅ |
| Payment Method | Credit/debit cards, bank transfer |
| Customer Service | 24 hours a day, except 6 am - 4pm on Saturday (UTC+8) - live chat |
| Regional Restrictions | USA |
General Information
IG is a UK-registered company and regulated by multiple international financial bodies, including the ASIC, FCA, FSA, FMA, MAS, and DFSA. It offers access to a 17,000+ markets, including forex, indices, shares, commodities, and cryptocurrencies. The company provides multiple trading platforms, including L2 dealer, ProRealTime, MT4, and TradingView.

What Type of Broker Is IG?
IG is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, IG acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of offering leverage.
However, this also means that IG has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interest of their clients. It is important for traders to be aware of this dynamic when trading with IG or any other MM broker.
Pros and Cons of IG
Pros:
- Wide variety of markets and instrument options
- Intuitive and customizable trading platforms
- Access to advanced technical analysis and charting tools
- Multilingual, multi-channel customer service
- Demo account with virtual financing of $20,000
- No minimum deposit requirement for real accounts
- Leverage up to 1:400
Cons:
- Fees and costs may not be clearly specified
- Withdrawal of funds is not clearly specified
- The minimum transaction amount is high for some markets
- Credit card deposit fees are high compared to other brokers
Is IG Legit?
Yes. IG is currently regulated by multiple regulatory authorities, including ASIC (Australia), FCA (UK), FSA (Japan), FMA (New Zealand), MAS (Singapore), and DFSA (UAE).
| Regulated Country | Regulator | Regulated Entity | License Type | License No. |
![]() | Australia Securities & Investment Commission (ASIC) | IG AUSTRALIA PTY LTD | Market Making (MM) | 515106 |
![]() | Financial Conduct Authority (FCA) | IG MARKETS LIMITED | Market Making (MM) | 195355 |
![]() | Financial Services Agency (FSA) | IG証券株式会社 | Retail Forex License | 関東財務局長(金商)第255号 |
![]() | Financial Markets Authority (FMA) | IG AUSTRALIA PTY LTD | Straight Through Processing (STP) | 684191 |
![]() | Monetary Authority of Singapore (MAS) | IG ASIA PTE LTD | Retail Forex License | Unreleased |
![]() | Dubai Financial Services Authority (DFSA) | United Arab Emirates | Retail Forex License | F001780 |






Market Instruments
IG offers access to 17,000+ markets, covering forex, indices, shares, commodities, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Thematic and basket | ✔ |
| Options | ✔ |
| Futures | ✔ |
| Spot | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |

Account Type
IG offers a single live account withno minimum deposit required. Aside from live accounts, demo accounts are also available.
IG's demo account is a very useful tool for beginner traders, as it allows them to trade in a safe and risk-free environment. With IG's virtual funding of $20,000, traders can practice and hone their trading skills without risking their capital. In addition, the IG demo account provides access to the trading platform and all the instruments and tools available in the live account, allowing traders to familiarize themselves with the platform and test different trading strategies.
Leverage
As for the maximum leverage dimension at IG, the company offers a maximum leverage of up to 1:400. This means that traders can open positions that are 400 times larger than their available capital. Leverage can be a powerful tool for experienced traders, as it allows them to earn higher profits with limited capital. However, it can also significantly increase the risk of loss and it is important that traders fully understand the risks and limitations of leverage before using it.
Spread and Commission
In terms of costs, IG offers competitive, with EUR/USD spread starting from 0.6 pips. However, there is not much information available on commissions, which may create uncertainty for some traders. In addition, it is important to note that costs may be higher in less liquid markets or with lower trading volume.
Trading Platform
IG offers various trading platforms to meet the needs of different types of traders.
The web-based platform is intuitive and easy to use, although it may be less customizable than other platforms.
They also offer MetaTrader 4, a popular and well-known platform in the forex industry.
For experienced traders, L2 Dealer offers a wide range of advanced tools and functionalities. However, this platform can be more complicated for beginner traders.
Mobile apps are available for iOS and Android, allowing traders to trade on the go.

Deposit and Withdrawal
The minimum deposit for card payment is $50, and no minimum deposit required for Bank Transfer.
Deposit options including immediate credit/debit card transactions upon card registration, with up to five cards permissible per account.
For Hong Kong clients, cost-free FPS transfers in HKD are available and usually clear within one business day.
Bank transfers are also supported. Always include your account ID as a reference to ensure prompt and accurate allocation of funds.
However, fees of 1% are charged on Visa deposits and 0.5% on Mastercard deposits.
Unfortunately, there is no detailed information on withdrawal of funds, which may be a drawback for some customers.

IG Markets enables convenient funding through its mobile app, accessible under the 'add funds' section for both iPhone and Android users. Additionally, transfers can be made via Wise (formerly TransferWise), though users should check for any associated fees as IG Markets is not affiliated with Wise. For Wise transfers, proof of transaction and account details may be required.


Conclusion
In conclusion, IG is a well-established and regulated trading platform that offers a wide variety of financial instruments, an intuitive web platform and access to MetaTrader 4 and L2 Dealer. Although its demo account offers generous virtual funding, information on live accounts is limited. Multilingual customer service is available through multiple channels. However, there is very limited information on deposit and withdrawal.
Frequently Asked Questions (FAQs)
What is the minimum deposit required to open an account with IG?
No minimum deposit requirement.
What deposit methods are accepted on IG?
IG accepts deposits through credit/debit cards and bank transfers.
What is the maximum leverage offered by IG?
1:400.
What trading platforms does IG offer?
IG offers L2 dealer, ProRealTime, MT4, and TradingView.
Risk Warning
Trading online carries inherent risks, including the potential loss of invested capital. It may not be suitable for all traders or investors. It's essential to understand and acknowledge these risks before engaging in online trading.
Company Profile
- 20+ years
- Regulated in Australia
- Regulated in United Kingdom
- Regulated in Japan
- Regulated in Germany
- Regulated in New Zealand
- Regulated in United Arab Emirates
- Regulated in Singapore
- Market Making License (MM)
- Derivatives Trading License (MM)
- Forex Trading License (EP)
- Derivatives Trading License (EP)
- MT4 Full License
- MT5 Full License
- Self-developed
- Global Business
- Australia Market Making License (MM) Revoked
- New Zealand Market Making License (MM) Revoked
- South Africa Derivatives Trading License (EP) Revoked
- High Potential Risk
Disclosure
Warnings (unauthorised firms and other entities).
Country / Region
ES CNMV
Disclosure Date
2024-07-08
Broker Disclosures
FCA Warning List of unauthorised firms ICT Market 24 / ictmarket24.com (Clone of FCA Authorised Firm)
Country / Region
UK FCA
Disclosure Date
2023-11-13
Broker Disclosures
FCA Warning List of unauthorised firms Wig Markets (Clone) (clone of FCA authorised firm)
Country / Region
UK FCA
Disclosure Date
2018-10-19
Broker Disclosures
News

Exposure IG Review 2026: Regulation, Complaints, and Clone Risks
IG holds multiple top-tier licenses and a high WikiFX score, but Indian traders face significant risks from clone apps impersonating the broker and mixed customer service feedback regarding withdrawals. Traders must rigorously verify they are using the official platform before depositing funds.

Exposure IG Review 2026: Regulation, Clone Warnings, and Withdrawal Complaints
IG shows strong regulatory coverage and a high WikiFX Score of 8.82, but the risk picture is not clean because the profile also lists revoked or unverified regulatory statuses, clone warnings, and a high volume of recent user complaints. The main practical risk for traders is not simply whether IG is regulated, but whether they are using the genuine IG channel and whether withdrawal or account-review disputes could affect access to funds.

Exposure Review 2026: IG Regulation, Clone Warnings, and Withdrawal Complaints
IG shows a strong WikiFX score of 8.82 and multiple active top-tier regulation records, but the risk picture is not clean because WikiFX also lists revoked or unverified records, three regulator clone warnings, and 43 recent user complaints. The main risk for you is not simply whether IG has licenses, but whether you are dealing with the official IG entity and whether withdrawal or account-review disputes could affect access to funds.

News IG Review: Regulation, Licences and WikiScore Overview
This IG review provides a factual examination of the regulatory standing, licensing framework and WikiScore of the IG broker, based on publicly available data from the WikiFX platform.

News IG Adopts AI to Strengthen UK Marketing Compliance
IG boosts FCA compliance by integrating Adclear’s AI tools. Learn how automation accelerates marketing approvals and ensures regulatory accuracy.

News IG Boosts Cash Interest, Drops Account Fees for UK Investors
IG raises rates on uninvested cash and removes inactivity fees, joining a growing trend among brokers targeting UK retail investors.
Wiki Q&A
Is IG safe and reliable?
IG exhibits a strong regulatory framework, holding multiple licenses from top-tier authorities including the UK FCA (195355), Australian ASIC (515106), Japanese FSA, German BaFin, New Zealand FMA (684191), Dubai DFSA, and Singapore MAS. WikiFX assessment gives IG a score of 8.82, indicating a high level of reliability. While some past licenses have been revoked, the current active licenses are held by regulated entities, and the broker has operated for over 20 years.
Is IG regulated?
Yes, IG is regulated by multiple authorities. Active licenses include: FCA UK (Market Making license 195355 and Derivatives license 114059), ASIC Australia (Market Making license 515106), FSA Japan (Market Making license 関東財務局長(金商)第255号), BaFin Germany (Forex Trading license 10148759), FMA New Zealand (Derivatives license 684191), DFSA Dubai (Derivatives license F001780), and MAS Singapore (Derivatives license). Additionally, IG holds an active FINMA license in Switzerland for securities trading.
What is the minimum deposit of IG?
IG does not impose a minimum deposit requirement. Both the Standard and DMA accounts allow traders to start with any amount, making the platform accessible to a wide range of users.
Does IG support MT4 or MT5?
Yes, IG supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) with full licenses. The platform also offers its proprietary trading platforms. The average execution speed is 211.48 ms, indicating a stable trading environment.
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FX1516978519
Taiwan
I made three deposits of $300 USD using HSBC credit cards. After trading for about two weeks with some profits, I wanted to withdraw. But when I clicked "Withdraw" on the website, it kept showing that withdrawal was not possible. I called IG customer service, and they said the credit card bank had rejected it. When I called the bank's customer service, after checking their records, there was no message about rejecting the payment at all. I would like to ask if anyone else trading in Taiwan has encountered the same problem.
Exposure
远
Malaysia
I registered as an IG Group user on August 29, 2025, and attempted to deposit funds for trading a few days later. Although I incurred some initial losses, all trading and fund transfers proceeded smoothly. On October 28, 2025, I suddenly found myself unable to trade using any of my accounts or withdraw funds from any of them. At that time, my account balance stood at $108,208.70. When I raised concerns with IG Group's customer service department, they cited a compliance review and asked me to wait patiently. I did not believe my account had any issues, and I had not received any inquiries from IG regarding my account. Naturally, I was willing to cooperate with any requests. However, I was left waiting indefinitely. After one month of waiting, on December 3, 2025, I received the following email: The relevant department had deducted a substantial amount of $271,373.40 from my account balance (currently standing at -$163,164.70). According to IG's email, I had violated the Customer Agreement, and my orders were deemed trading errors. They deducted all trading profits and volume rebates accrued since October 21, 2025, on that same day. Request: Return all deducted funds and allow me to withdraw my funds.
Exposure
FX9028246312
Hong Kong
Scam platform, constantly delaying withdrawals, and now they're shutting down accounts without releasing funds. This must be exposed!
Exposure
止损~保本~持赢
Hong Kong
Apart from Interactive Brokers, it's a platform where you don't need to worry about fund safety at all.
Positive
awakemime
Thailand
I really like this app. It helps me invest money, and I'm very satisfied with the feel and functionality.
Positive
Whizzman3348
Nigeria
IG is a top-tier, fully licensed broker with over 20 years of trusted experience and an outstanding trading environment.
Positive
Nicolas Navarro
Argentina
A broker that meets all the requirements to be one of the best
Positive
FX2958852652
Hong Kong
As a user of the IG Forex trading platform for ten years, my honest evaluation can be summarized as follows. The IG platform is regulated by strict authorities such as the UK FCA and the Australian ASIC. It has a well-established fund segregation system and high security. I have been using it for a long time without encountering any financial risks. The platform covers a wide range of products including Forex, stock indices, and commodities, meeting diverse investment needs. The trading system is stable, with better slippage control than most platforms. In particular, the professional tools and market analysis resources are significantly helpful for experienced traders. In the "Swiss Franc Black Swan" event in 2015, IG prioritized managing its own risks, resulting in significant losses due to delayed customer stop-loss orders. Although it was compliant, it exposed conflicts of interest and caused a trust crisis. IG is suitable for long-term investors who prioritize compliance and security, especially for users familiar with the international market. However, it may pose obstacles for high-frequency traders or retail traders who rely on MT4, due to technical issues and high costs. Over the past ten years, its core advantages have remained unchanged, but it is necessary to be cautious of risk management deficiencies in extreme market conditions and consider the cost of use for users.
Neutral
FX3418453235
Indonesia
I cannot withdraw funds. Rp 42,000,000 is forfeited. When I wanted to withdraw, there were many reasons given.
Exposure
FX2861134112
Taiwan
Just when my colleague saw that I was having a hard time, my mother had a major car accident on September 10th and has been in the hospital ever since. Then he started telling me about how he and his friends made a lot of money investing... At first, I just went along with it and invested 10,000 NTD. After I said I wanted to stop, they began harassing and threatening me in various ways. They even forced me to continue investing or else they would release my private photos and information and do something terrible. My colleague of over ten years even helped the scammers find me. Under duress, I deposited 100,000 NTD, but now I've lost a total of 1,099,900 NTD and still can't withdraw the money. The first time they said I needed to pay taxes: 9818 USDT. The second time they said the withdrawal amount was too large and needed to open a "green channel": 18888 USDT. The third time they claimed multiple IP deposits were suspected of money laundering and required a defrosting fee: 28888 USDT. It's an endless cycle. What’s ridiculous is that just a few days ago, right after I completed a transaction of 5014 USDT at 15:57, it was stolen by 16:03.
Exposure
FX2015418810
Turkey
I cannot withdraw my money and they are asking me to pay 375,000 TL again. I just want my money back. They are finding a lot of excuses. 🌲
Exposure
Bobber
Cambodia
IG has a relatively low minimum deposit requirement, making it accessible to a wide range of traders. Plus, they offer a huge selection of trading assets, including stocks, indices, commodities, and forex.
Positive
Katooz
Cyprus
Nice platform, but the customer service is genuinely shocking for such a large company. I've had multiple emails get ignored, and they refuse to make small changes to your account which I know they have the ability to make (from years working in the SB/CFD industry). They have outsourced customer service and the level of care is awful.
Neutral
aa4988
Taiwan
There is no name in the bank details. He said he couldn't confirm that the bank cardholder was me. So I can't withdraw the money I earned. My Taiwan bank details do not show my name, and the verification of my debit card never passes. So he said he couldn't verify that I was the bank account holder.
Exposure
mehmet ugur
Turkey
I requested a withdrawal from this company about a month ago. I had to pay 4000 dollars for the bill I used. I paid it. They told me that I had to fund the bond again with 4,000 USD because you paid 2 pieces. I jumped up again and requested a withdrawal. This time they want an exchange rate difference of 100,000 TL. Is this legal? If so, this license is legal. What is it for? Please help.
Exposure
Huỳnh181
Vietnam
I requested a withdrawal from the IG VIP platform and I still haven't received it even though I'm a vip. After the complaint they sent me an email explaining that they would handle the withdrawal and that they had an issue on their platform, they asked me to wait as they would send a notification to all customers cannot withdraw their money. I'm just waiting for your IG VIP help so I can withdraw my money, please.
Exposure
Ngocha
Vietnam
I have used the IG VIP app to invest since December 28, 2023. After withdrawing money 2 times, the app asked me to upgrade to VIP before I could withdraw again. I deposited money to upgrade VIP but still can't withdraw money. They deducted my points and forced me to deposit more to increase my withdrawal points. Currently it is January 29, 2024
Exposure
HOÀNG THỊ THƯƠNG
Vietnam
I participated in trading on the IG platform from December 27, 2023 with account number 55565721 with a total deposit of about 12,000usd. Currently my account balance is 35k. I tried withdrawing a small amount of money on the IG 2 platform for the first time and it worked. When I made a profit, the third time I withdrew, the platform forced me to deposit money to upgrade to VIP before allowing me to withdraw. I found this extremely unreasonable. Why was my withdrawal limited by such unreasonable regulations? Now I don't have any money to deposit Vip because the deposit amount is too high, higher than the capital I deposited, so I can't deposit money to withdraw money, which means I will lose my entire account. Please assist me in withdrawing money. If I don't get it out I will die.
Exposure
HOÀNG THỊ THƯƠNG
Vietnam
I participated in trading on the IG platform from December 27, 2023, account number 55565721 with a total deposit of about 12,000 USD. I tried withdrawing a small amount of money on the IG 2 platform for the first time and it worked. When I made a profit, I withdrew the third time and the platform forced me to deposit VIP money before allowing me to withdraw. I found this extremely unreasonable and cruel. Now I don't have any money to deposit VIP because the deposit amount is too high, higher than the capital I deposited, so I can't deposit money to withdraw money, which means I will lose my entire account. Please assist me in withdrawing money. I must get it out.
Exposure
HOÀNG THỊ THƯƠNG
Vietnam
The first time I withdrew money from the IG platform, it was normal. The third time I withdrew, the platform forced me to deposit VIP money to withdraw. I found this extremely unreasonable. I don't have VIP deposit money, so I can't withdraw money, which means I will lose my account. Please assist me in withdrawing money.
Exposure
no6925
United States
Turbine trade LTD EVERYONE HAS TO WATCH OUT FROM OUT OF BLUE ONE PERSON CONTACT U AND LEAD U THIS PLATFORM THEN ASKING U TO TOP UP TO BECOME MEMBERSHIP AND THAT PERSON WILL TOP UP MONEY WITH U THIS IS HUGE SCAM THEY WILL OPERATE THE GET PROFIT BUT THIS IS ALL THE VIDEO GAME NUMBER ONLY LIKE THE NUMBER TO FOOL U ONLY NO TRADING INVOLVED THE PURPOSE THEY WANT YOU TO RECHARGE MORE MONEY AND STEAL IT AWAY AND U NEVER NEVER CAN WITHDRAW OUT SO EVERYONE SHOULD REPORT THIS PLATFORM TO FRAUD DEPARTMENT AND CAPTURE THEM WHOLE SCAM PLATFORM PEOPLE SHOULD STAY AWAY FROM THIS BEFORE LOOSING MONEY
Neutral
12519
Hong Kong
After waiting for more than a month and no money being withdrawn, the website even threatened to sue me.
Exposure
12519
Hong Kong
Every time the waiting time for withdrawing money has passed, the withdrawal is not allowed for various reasons.
Exposure