IG Broker Review 2017

  • Min. Deposit $200
  • Min. Invest $5
  • Return n/a

This broker has decided to give another name to its binary options product and now it is called Digital 100s. Traders that are searching the term “binary options” can now easily find all information under digital 100s. This decision has been probably made because of the bad reputation binary options has recently arised.

IG is considered as one of the most respected binary options providers on the market. It has established its services in 1974. and from then, it serves it’s services to traders all over the world. IG is regulated by FCA under license number 195355. This broker offers to trade with a variety of underlying assets and it is based on the Proprietary trading platform. Besides providing Digital 100s services, IG is specialized for CFDs and Forex trading too. Read more about IG customer support, banking services and available trading tools that provide great options for trading in our detailed review below.

This broker has won several awards for providing extraordinary services around the globe.

IG Account Features

In our IG broker review, we have found this broker offers to register with two different accounts. IG review that IG has pretty direct approach when we speak about available trading accounts. Traders that register with IG can choose to trade with a Real trading account or with IG demo account.

IG Demo Account

In order to start using IG demo account, traders first have to register with IG. According to our review, depending on the country from where trader comes, IG demo account virtual amount is different and it varies from 10 000 to 30 000. We are sure that traders will be able to meet all the aspects of interesting trading possibilities of this superb Digital 100s broker. IG demo account is available for practicing 0/24 and traders are welcome to navigate between various charts, view live prices and receive latest financial news.

IG demo account is available on mobile platforms too so traders can tailor their trading strategies on their tablets and smartphones too. Trading with IG demo account ensures a completely risk-free environment for all its traders. Demo accounts help traders get familiar with the trading platform and it’s featured. The difference between IG demo account and other brokers is that IG demo trades are placed in points instead of virtual money.

IG Real Trading Account

Minimum deposit with IG real account starts from $200. This is the only IG trading account traders can choose from. This broker provides all available services to its clients in one trading account. IG real account is completely web-based platform so traders don’t need to install any additional programs or plugins to their computer. IG real account gives traders full access to over 10000 financial markets which besides Digital 100s includes forex, shares, commodities, and forex. IG real account is accompanied by various trading opportunities. Traders who decide to trade with IG real account are welcome to adjust their portfolio with excellent risk management tools.

It is interesting to mention that IG broker doesn’t offer any bonus promotions or risk-free trades. At first, we were not sure, but when we asked IG customer support, they said there are no bonuses because they want to provide transparent trading. This means that broker can’t lock traders money if he or she accepts the certain bonus. More about this traders can find in IG terms and conditions.

IG

IG Trading Software

As we have already mentioned IG broker has integrated Proprietary trading platform. The design itself is very modern and looks simple. Traders who didn’t have a chance to trade with Proprietary platform might need some time to practice and get used to trading with IG.

When it comes to basic information, IG broker review has shown that traders can trade with various types of assets and expiry times. It is good to know the fact that IG broker expiry times start from 5 minutes. Those traders who are focused on short-term trading and prefer faster paced environment are invited to try IG Sprint Markets that provide shorter expiry times.

We would like to remind traders that IG broker is also an exchange service provider which gives another level of trading possibilities for IG traders. There aren’t so many brokers on the market that offer so many different trading services. Because IG is the active broker that provides it’s services for over 40 years, it is completely natural that it provides so many different services.

Among Digital 100s types, traders can trade with: Ladder, Target, Hi-Lo, Up/Down, One Touch, and Tunnel options.

In our IG broker review, we have checked IG website which in our opinion could have some improvements. The IG site has many navigation buttons and it may be confusing to some traders, especially to those that are new in the Digital 100s world.    

When we discuss IG trading platforms, we can say that IG has really put a lot of effort in order to provide the best possible service. IG review has found out that IG provides several trading platforms that include basic web-based platform, IG Android mobile, Android tablet, iPhone, iPad, Windows phone platform and windows tablet platform. As confirmed by IG, they have received several winning awards for their web-based trading platform. We are sure traders will have a positive reaction on the ability to choose so many different trading platforms that is carefully adjusted for every device.

As we have already mentioned, main IG platform is web-based and it doesn’t require any downloads. It is interesting to know that all IG platforms have access to all markets, no matter which device trader is using. One of the benefits we have found with this broker is that IG allows traders to integrate their own APIs and terminals and customize each platform to suit personal style.   

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IG Support Information

In our IG broker review we have found out this broker provides excellent customer support service to its clients. IG is present on the financial market for over 40 years and they enabled traders to access the website in several languages. IG broker provides customer support services via live chat, mail, and phone. In our IG review, we have found two available UK phone numbers – one is for new IG clients, the second is for existing IG clients. During our IG broker review analysis, we have tested IG live chat support and found out their support agents provide professional and user-friendly support. We didn’t have to wait any longer than a few seconds to get an answer from IG agent.

We haven’t found IG provides education section, but we have to go through detailed help and support section where traders are welcome to find more information about how to use IG platform, how to make deposit or withdrawal with IG, information about managing IG account and similar. The navigation between FAQ section and the rest of the IG site is a bit vague and hard to find. From our perspective, IG could work on the appearance of their site since this could help traders to get better customer support.   

IG Company Information

In our IG broker review we have found out this broker is regulated by the United Kingdom and Singapore. In United Kingdom IG is licensed by FCA regulator under license number 195355. The IG broker is also licensed by Monetary Authority of Singapore (MAS) under registration number 200510021K.

Traders who register with IG broker have various options when it comes to payment methods. In our IG broker review we have found out IG provides traders for depositing or withdrawing their funds using: MasterCard, Visa, Visa-Delta, Solo, Electron, Maestro, prepaid cards, bank wire, cheques and some local payment methods. It is important to know that not all the payment methods are available for all countries.

In our IG broker review we have found out traders can withdraw their funds starting from $100, but if certain procedures are applied, traders could also withdraw smaller amounts. For more info about this, you can ask IG support agent.

We have found out traders will be charged with certain fees which depend on payment method. For example, if processing the payment with credit card, there will be a 1,5% fee attached. In our IG broker review we have found out this broker is not accepting 3rd party payments. Traders that decide to trade with real IG account will have to verify their account in order to provide personal information and information about the trading experience. From our perspective, this shows IG broker is a serious and professional broker.  

IG - Review Conclusion

  • Available demo account
  • Withdrawal fee
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