IG Review
IG is a giant in the industry, operating since 1974. It offers access to over 17,000 markets including the unique "Spread Betting" product (tax-free in the UK). In 2025, IG removed inactivity fees and launched a high-yield interest program on uninvested cash (up to 7.5% in select campaigns).
Pros
- Huge market range (17,000+ assets)
- Interest on cash (Competitive rates)
- ProRealTime & TradingView integration
- No inactivity fee (New 2025 update)
Cons
- Minimum deposit for cards is high ($250)
- Market data fees for shares can apply
- Complex fee structure for beginners
Platform Choices
2025 Updates
FAQs about IG
Is IG safe?
Yes, IG is a FTSE 250 company listed on the London Stock Exchange and is regulated by top-tier authorities globally (FCA, ASIC, FINMA, etc.).
What is Spread Betting?
Spread Betting (UK/IE only) allows you to speculate on price movements tax-free (no capital gains tax or stamp duty). It works similarly to CFD trading.
Does IG pay interest?
Yes, IG pays interest on uninvested cash. Rates are variable (e.g., ~3% USD, ~3.75% GBP) and depend on market rates.
Does IG accept US clients?
Yes, "IG US" offers Forex trading to US residents. For options and futures, US clients are directed to their subsidiary, tastytrade.
Is there an inactivity fee?
No, IG recently removed the quarterly inactivity fee for most regions to provide better value for long-term investors.
Regulatory Risk Warning
70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.