Trading with IG Group will involve fees from $12, spreads from 0.86 pips, and commission-free trading depending on the account traders select.
At a Glance
| Category | Details |
| Company Information | |
| 🏷️Company Name | IG Group |
| 📍Headquarters Location | London, United Kingdom |
| 📅Year Established | 1974 |
| 👤CEO/Founder | June Felix (CEO) |
| 🌐Global Offices | Offices across Europe, Asia, North America, and Australia |
| 🔖Licensing Body | UK: Financial Conduct Authority (FCA) |
| 👥Group Companies | IG Markets Ltd, IG Index Ltd, Nadex |
| 🏛️Business Model | Brokerage and Financial Services |
| 🌍Operational Languages | English, Spanish, French, German, Italian, Dutch, Japanese, and more |
| 🏆Awards & Recognitions | Various awards for financial innovation and best brokerage |
| Regulation and Security | |
| 🛡️Regulation | Financial Conduct Authority (FCA) in the UK, ASIC, CFTC |
| ✔️Compliance Standards | Strict adherence to FCA rules and guidelines |
| 💼Client Fund Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🕵️♂️Financial Conduct Oversight | Monitored by FCA, ASIC, CFTC |
| 💰Insurance Coverage | Yes, client protection up to £85,000 under the Financial Services Compensation Scheme (FSCS) |
| 📋AML & KYC Policy | Yes, adheres to global Anti-Money Laundering (AML) and Know Your Customer (KYC) standards |
| 🔒Security of Trading Platform | Advanced encryption and multi-factor authentication |
| 🛡️Investor Compensation Fund | Yes, under FSCS for UK clients |
| 🖥️Cybersecurity Measures | Advanced encryption protocols, data security measures |
| Account Types and Features | |
| ⚙️Standard Account | Yes |
| 📊ECN Account | Available |
| 🌙Islamic Account | Yes |
| 🎮Demo Account | Yes |
| 👑VIP Account | Yes, for high-volume traders |
| 💵Minimum Deposit | $0/R0 |
| 💱Base Currencies | GBP, USD, EUR, and other major currencies |
| ⚖️Leverage Options | Up to 200:1 |
| 📈Spreads (Fixed/Variable) | Variable |
| 🔄Swap-Free Accounts | Available for Islamic accounts |
| 🌐Account Currency Conversion | Yes |
| 🚨Margin Call Level | Typically 50-100% |
| ❌Stop-Out Level | Typically 50% |
| 🔄Hedging Allowed | Yes |
| ⚡Scalping Allowed | Yes |
| 🔁Copy Trading Support | Yes |
| 👥Social Trading Features | Yes |
| 💼Managed Accounts | Yes |
| Trading Conditions | |
| 🔍Average Spreads | 0.6 pips (variable) |
| 💲Commissions per Trade | No commissions on most trades |
| 🔢Leverage Range | Up to 200:1 |
| 🚀Execution Speed | Fast, with low latency |
| 📊Order Execution Type | Market and Limit Orders |
| 🔄Slippage Policy | Minimal slippage during high volatility |
| 📏Margin requirements | Varies depending on asset class |
| ⏹️Stop-Loss and Take-Profit Orders | Yes |
| 🔁Trailing Stops | Yes |
| 🕑Pending Orders | Yes |
| 🔽Partial Fills | Yes |
| 🧾Dividend Adjustments | Yes, for stocks |
| 🌙Overnight Swap Fees | Yes |
| 📆Rollover Policy | Automatic rollover for CFDs |
| 🛑Guaranteed Stop Loss | Available |
| Trading Instruments | |
| 💹Forex Currency Pairs | Yes |
| 🪙Precious Metals (Gold/Silver) | Yes |
| 📈Indices | Yes |
| 🌾Commodities | Yes |
| ⛽Energies (Oil/Natural Gas) | Yes |
| ₿Cryptocurrencies | Yes |
| 📉Stocks | Yes |
| 🗂️ETFs | Yes |
| 🏛️Bonds | Yes |
| 📜Futures Contracts | Yes |
| 🛡️Options Contracts | Yes |
| ⚖️CFDs (Contracts for Difference) | Yes |
| 🔣Swap on Trading Board | Yes |
| 🔀Leveraged Instruments | Yes |
| 🎯Micro-Lot Trading | Yes |
| 💸Spread Betting | Yes |
| 🧺Currency Baskets | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Methods | Bank transfers, credit/debit cards, e-wallets |
| 💵Withdrawal Methods | Bank transfers, credit/debit cards, e-wallets |
| ⏱️Processing Time for Deposits | Instant for most methods |
| 🕒Processing Time for Withdrawals | 1-3 business days |
| 🚫Deposit Fees | None |
| 💵Withdrawal Fees | None |
| 🔢Minimum Deposit Amount | $0 |
| 📉Minimum Withdrawal Amount | $150 USD/R2805,63 |
| 🚪Maximum Withdrawal Limit | Varies |
| 💱Supported Currencies | GBP, USD, EUR, JPY, AUD, and more |
| ₿Crypto Deposits & Withdrawals | Yes |
| 🏦Bank Wire Transfers | Yes |
| 💳Credit/Debit Cards | Yes |
| 📲E-Wallets (Skrill, Neteller, etc.) | Yes |
| 🏘️Local Payment Methods | Available in certain regions |
| Trading Platforms and Tools | |
| 💻MetaTrader 4 (MT4) | Yes |
| 👩💻MetaTrader 5 (MT5) | Yes |
| 🖥️Proprietary Platform | Yes |
| 📱Mobile Trading App | Yes |
| 🌐Web-Based Platform | Yes |
| 🤖Trading Bots | Yes |
| 🖧VPS Services | Yes |
| 🔌API Connectivity | Yes |
| 📉Charting Tools | Yes |
| 🧮Custom Indicators | Yes |
| 🧠Market Sentiment Analysis | Yes |
| 📩Trading Signals | Yes |
| 🏷️Advanced Order Types | Yes |
| ⚠️Risk Management Tools | Yes |
| 📅Economic Calendar | Yes |
| 📰Market News Feed | Yes |
| Customer Support | |
| 📞Support Channels | Live chat, email, phone |
| 🗨️Live Chat Availability | Yes |
| 📧Email Support | Yes |
| 📱Phone Support | Yes |
| 🌍Multilingual Support | Yes |
| ❓Help Center/FAQ | Yes |
| 👨💼Dedicated Account Manager | Yes, for VIP clients |
| ⏲️Response Time (Live Chat) | <1 minute |
| 🕒Response Time (Email) | 24-48 hours |
| ⭐Support Rating | 4.7/5 |
| Educational Resources and Support | |
| 🎥Webinars | Yes |
| 🏫Seminars | Yes |
| 📖Trading Tutorials | Yes |
| 📊Market Analysis Reports | Yes |
| 📚E-Books | Yes |
| 🎬Video Library | Yes |
| 📜Glossary | Yes |
| ❔FAQs | Yes |
| 🆕Beginner Guides | Yes |
| 🚀Advanced Trading Strategies | Yes |
| Partnerships and Programs | |
| 📋IB Program | Yes |
| 🪪Affiliate program? | Yes |
| 🏷️White Label Solutions | Yes |
| 🎁Partnership Rewards | Yes |
| 🏛️Institutional Solutions | Yes |
| 🔌API Partnership | Yes |
| 🤝Referral Program | Yes |
| Fees & Charges | |
| 💳Deposit Fees | None |
| 📤Withdrawal Fees | None |
| 💤Inactivity Fee | Yes, after 12 months |
| 🌜Overnight Fees (Swaps) | Yes |
| 💱Conversion Fees | Yes |
| 💰Commission on Trades | None |
| Market Research Tools | |
| 📅Economic Calendar | Yes |
| 📰Market News | Yes |
| 📩Trading Signals | Yes |
| 🔧Technical Analysis Tools | Yes |
| 💭Sentiment Analysis | Yes |
| Additional Features | |
| 👥PAMM/MAM Accounts | Yes |
| 🔗Social Trading Platform | Yes |
| 🏆Trading Competitions | Yes |
| 🎁Loyalty Rewards | Yes |
| 👑Exclusive VIP Perks | Yes |
| Promotions & Bonuses | |
| 🎁Welcome Bonus | Yes |
| 💵Deposit Bonus | Yes |
| 🏅Trading Contests | Yes |
| 🌟Seasonal Promotions | Yes |
| 🎖️Loyalty Programs | Yes |
| User Experience & Reviews | |
| 🖥️User Interface Quality | 4.8/5 |
| 🔒Platform Stability | 4.7/5 |
| 📱Mobile App Reviews | 4.5/5 |
| ⭐Overall User Rating | 4.7/5 |
| 🌟Trustpilot Rating | 4.5/5 |
| 😟Common Complaints | Slow customer support response times |
| Mobile | |
| 📱Mobile App Name | IG Trading |
| 🛠️Developer | IG Group |
| 📅Release Year | 2013 |
| 💻OS Compatibility | iOS, Android |
| 🌐Languages Supported | English, Spanish, German, French, Italian, Japanese, and more |
| 📈Trading Instruments | Forex, CFDs, stocks, commodities, indices, cryptos |
| 🔄Real-Time Data | Yes |
| 🛠️Charting Tools | Yes |
| 📊Order Types Supported | Limit, Market, Stop-Loss, Take-Profit, Trailing Stop |
| 🚀Order Execution Speed | Fast |
| 🔔Custom Alerts | Yes |
| 🤝Beginner-Friendly | Yes |
| 🔐Security Features | Yes |
| 🖥️Synchronization | Yes |
| 💰Deposit and Withdrawal | Yes |
| 📝Account Types Accessible | International account, Corporate account, CFD account |
| 🔄Switch Accounts | Yes |
| 💬In-App Support | Yes |
| 📚Educational Resources | Yes |
| 🎯Watchlist | Yes |
| 🌙Dark Mode | Yes |
| 🌐Social Trading | Yes |
| AI Trading Resources | |
| 🤖AI Integration | Yes |
| 📊Data Analysis | Yes |
| 📈Predictive Analytics | Yes |
| 🛠️Customizable Strategies | Yes |
| 📉Risk Management Tools | Yes |
| 🧑🏫Trading Insights | Yes |
| 🚀Execution Optimization | Yes |
| 🔄Portfolio Rebalancing | Yes |
| 📚AI Tutorials | Yes |
| 🎥Video Demonstrations | Yes |
| 🧑🤝🧑Webinars | Yes |
| 🔍AI-Powered Search | Yes |
| 🌟Beginner-Friendly | Yes |
| 🖥️Platform Availability | Yes |
| 📈Backtesting Capability | Yes |
| 🛠️Strategy Builder | Yes |
| 🔔Alerts and Notifications | Yes |
| 🔒Data Protection | Yes |
| 👁️🗨️Transparency | Yes |
| Social Media Platformst | |
| Yes | |
| Yes | |
| Yes | |
| Yes | |
| 🎥YouTube | Yes |
| 👉Open Account | 👉 Open Account |
Min Deposit
USD 0
Regulators
FCA, BaFin, FINMA, DFSA, MAS, ASIC, FSCA
Trading Platform
MT4
Crypto
Yes
Total Pairs
80
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
IG Fees, Spreads, and Commission – 9 Key Point Quick Overview
- ☑️Overview
- ☑️Minimum Deposit
- ☑️How to Open an IG Trading Account – A Step-by-Step Guide
- ☑️IG Fees, Spreads, and Commission
- ☑️Deposit and Withdrawal
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Our Findings
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
IG is a world-leading online trading provider that caters to both South African and International investors. IG, also known as IG Trading and IG Group, has a longstanding commitment to South Africa, and as of 2010 IG Markets South Africa Limited (IGMSA) has been regulated by the FSCA.
| 🔎Broker | IG |
| Company Information | |
| 📅Year Founded | 1974 |
| 🧑🏻💻Amount of staff | Over 1,000 |
| 👩💻Amount of active traders | Over 239,000 |
| 🌐Publicly Traded (Listed Company) | Yes, listed on the London Stock Exchange (LSE) |
| Regulation and Security | |
| 🛡️Regulation | Regulated by multiple financial authorities including FCA (UK), ASIC (Australia), and others |
| 🌎Country of regulation | South Africa, United States, UK |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes (under FCA and ASIC regulations) |
| Account Types and Features | |
| ➕Accounts | Institutional and Retail corporate clients |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | No |
| 📇Minor account currencies | USD, EUR, GBP, AUD, CAD, JPY, and others |
| 💰Minimum Deposit | $0 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 business days |
| 🪙Fund Withdrawal Fee | No |
| 📊Spreads from | 0.6 pips |
| 💸Commissions | Variable |
| 💱Number of base currencies supported | Over 50 |
| 🚀Swap Fees | Yes (varies by account type) |
| 📈Leverage | Up to 200:1 |
| 📏Margin requirements | From 0.5% for forex, 5% for shares and margin factor for indices |
| ☪️Islamic account (swap-free) | No |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | < 1 second |
| 📆VPS Hosting | No |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 16000+ |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Bank transfer, credit/debit cards, e-wallets |
| 💵Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
| Trading Platforms and Tools | |
| 💻Trading Platforms | IG Trading Platform, MetaTrader 4, |
| 👩💻OS Compatibility | Windows, macOS, Web, Mobile (Android, iOS) |
| 🖥️Forex trading tools | Trading signals, economic calendar, charting tools |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email address | newaccounts.za@ig.com. |
| 📞Customer Support Contact Number | 010 500 8624 |
| 👾Social media Platforms | Facebook, Twitter, |
| 🗣️Languages supported on Website | English, Spanish, Chinese, and others |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Trading Academy, webinars, market analysis |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Not specified |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 🪙Rebate program | No |
| 👉Open Account | 👉 Open Account |
Minimum Deposit
No minimum deposit amount is required to register an IG live trading account. IG provides access to National, International, and Corporate account types.
| 🔎 Broker | 🥇 IG |
| 💵 Setup Charge | No Fee |
| 💴 Annual charge | No fee |
| ⛔ Inactivity fee | ✅ Yes |
| 🚀 Open an Account | 👉 Click Here |
How to Open an IG Trading Account – A Step-by-Step Guide
1. Step 1: Create Live Account
Start the application by clicking on the green “Create Live Account” button located on the landing page or throughout the website in the header of the page.
2. Step 2: Registration Form
The applicant must start setup by supplying general information including a valid email address and country of residence.
3. Step 3: Complete Personal Information
The next step will need more personal information to be added, including the applicant’s direct contact details and identification number.
4. Step 4: Adress Details
The applicant must complete their address details to move on to the final steps of the registration process.
5. Step 5: Financial Information
The second last step is to complete Financial details, including the applicant’s annual income and employment history.
6. Step 6: Trading History
In the final step, Applicants must provide their trading history. Once this step has been completed, the application can be saved and closed.
IG Fees, Spreads, and Commission
Trading with IG Group will involve fees from $12, spreads from 0.86 pips, and commission-free trading depending on the account traders select.
| 🔎 Broker | 🥇 IG |
| 💵 Minimum Deposit | $0 USD |
| 📈 Average Spread | 0.3 |
| 💳 Withdrawal Fee | No |
| 💷 Inactivity Fee | Yes |
| 📊 Commissions | Variable |
| 🚀 Open an Account | 👉 Open Account |
Deposit and Withdrawal
IG accepts multiple trusted methods for deposit, including credit cards, debit cards, and bank transfers. IG International accounts can be funded via ABSA, Nedbank, FNB, or Standard Bank. Traders will be able to withdraw funds as a bank transfer or back to a card as a refund.
Customer Reviews
Excellent
“I’ve been trading with IG Group for over two years, and I can confidently say their platform is outstanding. The range of trading instruments is impressive, and the user interface is intuitive. What stands out is their customer support – they are knowledgeable and always quick to respond. Withdrawals are processed smoothly, and I’ve never had issues with delays. Highly recommend it for serious traders!” Reviewer: John M
Good
“I like IG Group’s platform – it’s stable and offers a good variety of CFDs. Spreads could be slightly better for frequent traders, but the overall experience is positive. I did experience a slight delay with my withdrawal once, but the issue was quickly resolved. A solid broker for South African traders.” Reviewer: Thabo Dlamini
Average
“IG Group is okay, but not without its flaws. The spreads are decent, and the platform works fine most of the time. However, the account verification process took longer than expected, and it was a bit frustrating. It’s a decent broker, but they could improve on processing times and add more local deposit methods.” Reviewer: Lerato M
Pros and Cons
| ✅ Pros | ❌ Cons |
| Operates under top-tier regulators (FCA, ASIC, CFTC, etc.) | Minimum deposit can be high, especially outside the UK |
| Competitive spreads, especially for major pairs | Charges an inactivity fee after two years of no activity |
| Offers MetaTrader 4 (MT4), ProRealTime, and its proprietary platform | Spreads can widen during volatile market conditions |
| Includes Forex, stocks, indices, commodities, and cryptocurrencies | Leverage limits are lower in regions like Europe and Australia due to regulations |
| Extensive library of webinars, tutorials, and market analysis | Cryptocurrency CFD trading is restricted in certain areas (like the UK) |
| No minimum deposit for bank transfers in certain regions | Fees for withdrawals via PayPal and credit cards in some regions |
| Provides protection against extreme market volatility | Some fees can be difficult to understand, such as financing rates and spread costs for less commonly traded instruments |
| Over 45 years in the market with a solid global reputation | Lacks promotional offers like deposit bonuses or cashbacks |
| 24/5 customer service and support across multiple languages | Advanced features and tools may feel complex for new traders |
| Offers social trading features and trading signals | Doesn't provide built-in copy trading options like some competitors |
Our Findings
Overall, IG can be summarised as a trustworthy broker that is regulated by multiple Financial agencies including the Financial Sector Conduct Authority in South Africa.
Min Deposit
USD 0
Regulators
FCA, BaFin, FINMA, DFSA, MAS, ASIC, FSCA
Trading Platform
MT4
Crypto
Yes
Total Pairs
80
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, trading with IG Group will involve fees from $12, spreads from 0.86 pips, and commission-free trading depending on the account traders select.
You might also like: IG Review
You might also like: IG Account Types
You might also like: IG Demo Account
You might also like: IG Fees, Spreads, and Commission
You might also like: IG Minimum Deposit
You might also like: IG Sign up Bonus
Frequently Asked Questions
What is the average spread that can be expected from IG Markets?
The average spread that can be expected from IG Markets is 0.86 Pips.
Does IG charge an inactivity fee?
Yes, a fee will be charged for prolonged times of inactivity.
Does IG charge a commission fee?
IG may charge a commission fee, depending on the account type selected.
How are IG International Accounts funded?
IG International accounts can be funded via ABSA, Nedbank, FNB, or Standard Bank.
Top 4 Brokers
