Fraud Blocker Review of IG • TraderGuide.com

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IG

71% of retail CFD accounts lose money.
Documentation

Our ranking #21

Our ranking is based on the total cost score, which reflects the Bid-Ask spreads. The lower the ranking, the cheaper the broker, meaning lower costs.
United States
Not available in United States.

Updated: April 2026

Regulated
Negative Balance Protection
Variable Spreads
Interest Rates
Crypto CFD trading
Academy
Home-Grown Platform
TradingView Integration
1:30 Leverage

Results based on live trading

IG ranks number 21 on TraderGuide’s ranking list. Our rankings are based on the cost of trading with IG across the 16 most commonly traded global instruments. We monitor spreads during both the EU and US sessions and record the widest spreads observed.

What you need to know about IG

Founded in 1974 in London, IG is one of the most established and trusted brokers in the world—with over 50 years of industry experience, more than 300,000 active retail clients, and licences from prominent regulators including the FCA (UK), ASIC (Australia), BaFin (Germany), MAS (Singapore), DFSA (Dubai) and FINMA (Switzerland).

IG is publicly listed on the London Stock Exchange as a constituent of the FTSE 100, adding an additional layer of transparency and credibility that few brokers can match. Traders can access over 17,000 financial instruments—spanning forex, indices, commodities, shares, ETFs, options and cryptocurrencies—across IG's proprietary web platform, MT4, TradingView, ProRealTime and the L2 Dealer for direct market access. UK clients also benefit from FSCS protection of up to £85,000.

What do we like about IG?

We’ve spent time inside the IG platform, and a few things stood out. First, the platform itself is clean, fast, and easy to navigate—especially their web-based terminal. It comes with great charting tools, solid order controls, and integrated news and analysis. We liked the overall execution and platform speed.

Spreads on key instruments like the EUR/USD and GBP/USD were competitive, and index trading—especially FTSE and SP500—offered fair pricing during core hours. While not the absolute cheapest on TraderGuide, IG holds its own against other established brokers and is transparent about its fee structure.

IG also offers an impressive range of educational content. From live webinars and platform walkthroughs to strategy explainers, the learning experience is far more developed than what most brokers offer. Their “Learn to Trade” section is especially useful if you’re starting out or want to build confidence in specific asset classes.

What concerns us about IG?

IG does many things right, but there are still a few watchouts. Some tools—like ProRealTime charts or DMA access—are only available under certain conditions or account types, which may confuse newer users expecting everything in one place.

Also, while spreads are generally fair, they’re not the lowest on TraderGuide—particularly for traders with smaller account balances who can’t access IG’s premium pricing tiers. For example, spreads may widen during off-market hours or for less-liquid instruments.

Should you trade with IG?

IG is a stable, well-rounded broker with decades of experience and strong regulatory footing. It’s a great match for traders who want access to a huge range of markets and value an intuitive platform backed by solid education and analysis.

That said, if rock-bottom spreads are your top priority, there are brokers on TraderGuide that rank higher in terms of raw pricing—especially for day traders or those with high-frequency strategies. But for overall trust, usability, and global market access, IG is a broker we’re happy to recommend—especially if you want a long-term trading partner.

Bid – Ask Spreads

Total Score = 27.50
The total cost score is calculated by adding the Bid-Ask spreads of these 16 instruments. A lower score means lower costs, representing a cheaper broker.
Indices

FTSE : 1.00

DAX : 1.40

CAC : 1.00

NASDAQ : 1.00

DOW JONES : 2.40

SP500 : 0.40

Total: 7.20
Forex

EUR/USD : 0.90

GBP/USD : 0.90

USD/JPY : 1.00

EUR/JPY : 2.10

USD/CHF : 2.40

AUD/USD : 0.90

USD/CAD : 1.30

Total: 9.50
Commods

US CRUDE : 2.80

GOLD : 5.00

SILVER : 3.00

Total: 10.80

Best 4 Brokers

Across United States.

Indices
Forex
Commods

Forex.com

Plus500

Score CM

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