Chris Cammack
Edited by
Author
Chris Cammack
Edited by
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack
Author
Author
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.

 

Learn more about Alison Heyerdahl

IG

Best For: Forex-only traders who want tight spreads + advanced web platform

68 of retail CFD accounts lose money with this provider

Available to traders in %s

Min deposit

USD 0

Regulated By
Varies by region

CFTC, FCA, ASIC, FSCA, MAS ( )
DFSA, FSA-Japan, FINMA, FMA, BaFin, BMA

Trading Cost

USD 6

Max Leverage
Varies by region

30:1

Copy Trading
Varies by region

No

Platforms

MT4, L2 Dealer, TradingView

Instruments

Bonds, Commodities, Cryptocurrencies, Digital 100s, Stock CFDs ( )
ETFs, Forex, Indices, Interest Rates

IG Broker Review

Founded in 1974 and regulated by the CFTC, IG is a low-cost CFD broker with a long history of providing safe and secure trading and a vast range of trading instruments.

Our research found that IG has over 320,000 clients worldwide and has been the largest CFD broker in the world by revenue for the last few years. It has two low-cost trading accounts and a spread betting account with no minimum deposit requirements and offers trading on over 17,000 instruments, all of which can be accessed on its award-winning app and web trader platform. 

For more traditional investors, IG also runs a fully licenced stock brokerage on the side. And in addition to a wide range of trading tools, IG has a world-class selection of educational and market analysis materials to get new traders started.

Visit Broker
Accepts US Clients. Average spread EUR/USD 0.60 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 and IG's trading platforms supported. IG Group is regulated by CFTC, FCA, ASIC, and the FSCA. 68% of traders lose money with this provider.

Pros

  • Well regulated
  • Tight spreads
  • Great platform choice
  • Excellent education
  • Excellent market analysis

Cons

  • High minimum deposit
Rating Reviews
4.69

IG Overall Summary

Trust Rating
5
Trading Conditions
4.5
Platforms
4.5
Education
5
Beginner Friendly
4
Assets Available
5
Analysis Research
5
Deposit & Withdrawal
5
Overall Rating
4.69
/ 5
Base Currencies
AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD, ZAR
Number of FX Pairs
80
Crypto Pairs
10
Copy Trading
No
Hedging Allowed
Yes
Scalping Allowed
Yes
Islamic Account
Yes
Account Name
Live Account
Commission
Fees Included in Spread
EUR/USD
0.85
GBP/USD
1.40
USD/JPY
0.94
Negative Balance Protection
Yes
Company Name
IG Markets Ltd
Founded
1974
Website
Website Language
English, Swedish, Danish, Norwegian, Russian, German, Italian, Spanish, Portuguese, French, Dutch, Japanese, Arabic
Support Language
English, Swedish, Danish, Norwegian, Russian, German, Italian, Spanish, Portuguese, French, Dutch, Japanese, Arabic
Office Locations
South Africa, United Kingdom
Support Email Address

Deposit & Withdrawal

banktransfer
visa
mastercard
paypal

Supported Platforms

Best MT4 Forex Brokers
L2 Dealer
TradingView

User Reviews

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Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. He also co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.

Alison Heyerdahl

Head of Content

Alison Heyerdahl
Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), an experienced trader, and a financial writer with extensive hands-on experience in the Forex trading industry. She specialises in Forex trading, broker analysis, and market research, with a focus on helping traders navigate the complex world of online trading safely and confidently. Alison has tested and reviewed more than 100 Forex brokers, assessing everything from regulatory status and trading conditions to platform features and customer support. Her goal is to provide honest, detailed, and practical insights that traders can rely on when choosing a broker. She’s also produced more than 300 educational videos for the FxScouts YouTube channel, where she explains trading concepts in a clear, accessible way. As the co-host of the “Let’s Talk Forex” podcast, Alison shares expert commentary on broker reliability, trading strategies, and market developments—always with a focus on transparency and trader protection.

Stefan de Clerk

Financial Writer

Stefan de Clerk
Stefan is a financial writer and Forex trading enthusiast with over a decade of experience creating in-depth content on finance and technology. His deep interest in geopolitical events, big data, and market sentiment fuels his passion for analyzing how global factors shape financial markets. With a background in marketing and financial research, Stefan believes that Forex trading offers the best insight into the pulse of the world economy. Committed to delivering well-researched, unbiased, and objective information, he helps traders navigate the markets with clarity and confidence.

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