IG review

EU/EEA licence United Kingdom Forex / CFD Founded 1974 Reviewed 30 September 2026
90
Strong protectionProtection Score out of 100. See breakdown

Pioneer of financial spread betting, listed on the London Stock Exchange; EU clients are served by IG Europe GmbH in Frankfurt and Swiss clients by IG Bank in Geneva.

Headquarters
United Kingdom
Founded
1974
Type
Forex & CFD brokers
Licences on record
8 (3 European)
EU client entity
IG Europe GmbH (Frankfurt, BaFin)
Platforms
Own platform, MetaTrader 4, ProRealTime, TradingView
Products
Forex, CFDs, Spread betting, Stocks, Options, Futures
Website
ig.com

Strengths

  • Operating since 1974 and part of a London Stock Exchange-listed group
  • Separately regulated entities for the EU (Germany), UK and Switzerland (IG Bank)
  • Very large range of CFD markets, plus options and, in some countries, share dealing
  • Guaranteed stops and other risk-management tools on its own platform
  • ProRealTime, MetaTrader 4 and TradingView options alongside the web platform

Watch-outs

  • The range and platform depth can feel overwhelming for beginners
  • Share dealing and product availability vary by country of residence
  • Overnight financing on long-held CFD positions adds up, as with any CFD provider

Overview

IG was founded in London in 1974 as IG Index, offering spread bets on the price of gold, and helped create the retail spread-betting and CFD industry. Today IG Group is listed on the London Stock Exchange and has expanded into US options and futures (tastytrade, acquired in 2021) and UK investing (Freetrade, acquired in 2025).

Which IG entity serves you

  • EU residents are onboarded by IG Europe GmbH, based in Frankfurt and supervised by BaFin, which IG set up ahead of Brexit.
  • UK residents deal with IG Markets Ltd / IG Index Ltd, authorised by the FCA, with spread betting available.
  • Swiss residents can open accounts with IG Bank S.A. in Geneva, supervised by FINMA.

For EU retail clients, ESMA's leverage limits, negative balance protection and margin close-out apply, and the German investor compensation scheme covers client claims if the firm fails.

Platforms and products

IG's own web and mobile platform is its main offer, with advanced order types and guaranteed stops. Alternatives include MetaTrader 4, ProRealTime for advanced charting and automated strategies, and trading from TradingView. The product range covers forex, indices, commodities, shares, bonds and options as CFDs, plus – depending on residence – spread betting, turbo warrants and share dealing.

Costs

IG prices most CFDs through the spread, with commission on share CFDs. Check the current spreads for the markets you trade, overnight financing rates and any inactivity fee on the IG website, and compare them with our trading cost calculator.

Our view

IG is one of the most robust choices in the retail CFD industry from a protection standpoint: long history, listed parent, and European entities in Germany and Switzerland. It suits traders who value range and tools. Beginners should start small and use the demo account to get to grips with the platform.

Licences on record

Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.

RegulatorJurisdictionTypeCheck it
FCA Financial Conduct Authority United Kingdom UK Official register
BaFin Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) Germany EU/EEA – passportable Official register
FINMA Swiss Financial Market Supervisory Authority Switzerland Switzerland Regulator website
ASIC Australian Securities and Investments Commission Australia Non-European Regulator website
MAS Monetary Authority of Singapore Singapore Non-European Regulator website
FSA Japan Financial Services Agency (Japan) Japan Non-European Regulator website
DFSA (Dubai) Dubai Financial Services Authority United Arab Emirates Non-European Regulator website
FMA NZ Financial Markets Authority (New Zealand) New Zealand Non-European Regulator website

What protection would you get?

If you are a retail client of IG's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.

Via a FCA-licensed entity
United Kingdom
Via a BaFin-licensed entity
Germany · EU member state
Via a FINMA-licensed entity
Switzerland

Verify IG yourself

  1. Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
  2. Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
  3. Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
  4. Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.

Protection Score breakdown

FactorPoints
Holds at least one European licence (EU/EEA, UK or Swiss)+40
ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme)+15
Supervised in 8 strong jurisdictions+12
Group holds a banking licence (higher capital requirements)+8
Publicly listed group (audited public accounts)+8
Operating for 52 years+7
Total90/100

The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.

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About this data

Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.

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