When it comes to trading, IG stands out as a premier choice, offering an extensive package that includes top-notch trading and research tools, unparalleled education resources, and a diverse range of tradable markets.

IG, a well-established multi-asset broker with international regulation, has secured its position as the best overall forex broker in our 2023 Annual Awards.

Security Measures at IG

IG’s commitment to security is evident through its regulated banking operations and authorization from seven tier-1 regulators, two tier-2 regulators, and one tier-3 regulator. Notably, IG is publicly traded, operating within the confines of these robust regulatory frameworks. Tier-1 regulators include the Commodity Futures Trading Commission (CFTC), Monetary Authority of Singapore (MAS), Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA), Financial Markets Authority (FMA) – New Zealand, and Australian Securities & Investment Commission (ASIC).

Diverse Investment Offerings

IG’s expansive array of investment options may vary depending on your account’s regulatory jurisdiction. Residents of the United States, Japan, New Zealand, and the United Kingdom are advised to choose their local IG entity. IG boasts nearly 20,000 CFDs and provides access to exchange-traded securities for citizens of the UK, Germany, and Australia, allowing them to tap into global stock exchanges. While retail traders in the UK cannot access IG’s crypto derivatives, the platform offers a comprehensive selection of investment products tailored to meet diverse client needs.

Competitive Fees and Commissions

IG’s size enables it to provide scalable execution, making it a go-to choice for traders across different products. Although not classified as a discount broker, IG excels in active trader pricing through its Forex Direct accounts. As of September 2021, spreads on its primary account offering averaged 0.828, aligning closely with industry standards.

For CFD accounts, typical spreads during the primary trading session in September 2021 averaged 0.768 pips, surpassing the sector average. The DMA account, part of IG’s commission-based offerings, stands out for savvy traders seeking greater discounts. IG’s transparent fee structure and execution strategy distinguish it in the competitive trading landscape.

Mobile Trading Apps

IG’s mobile app emerges as a standout, catering to both novice and experienced traders with a plethora of features. Boasting a user-friendly layout, the IG Trading app offers an impressive range of charting tools, alerts, sentiment readings, and sophisticated charts. While lacking premade watchlists or screeners, the app excels in usability, seamlessly syncing with the web platform.

Educational Resources at IG

IG takes the lead in educational content, offering a diverse range of materials in video and written formats, weekly webinars, and guides from DailyFX. The IG Academy app, designed exclusively for education, features courses tailored to different experience levels, complete with quizzes and progress tracking.

Conclusion: IG Excels Across the Board

In conclusion, IG stands as a top-tier broker, excelling in trading costs, platforms, usability, education, mobile apps, research, market variety, and trading tools. Holding more regulatory licenses than any other online broker offering CFDs and forex, IG has earned its reputation as a secure platform for holding client assets. With decades of operation and a commitment to transparency as a publicly traded company, IG continues to set the standard for online trading platforms.