IG Broker Overview
IG is a CFD broker whose international site, ig.com/en, is run by IG International Limited, a Bermuda company incorporated in October 2019 and licensed by the Bermuda Monetary Authority. IG International is part of the IG Group, which IG says was established in London in 1974 and is a constituent of the FTSE 250 index. Clients can trade CFDs on IG's own web platform and app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime and L2 Dealer, with no minimum deposit to open an account and leverage of up to 1:200. IG describes its service as execution-only, and the site is not directed at residents of the United States.
IG Regulation and License
IG International Limited is licensed by the Bermuda Monetary Authority (BMA). WIKILIX's check of the BMA register on 22 October 2026 found it listed under Investment Business: Licensed Entities, effective 18 February 2020, with permission to deal in investments, arrange deals in investments and safeguard and administer investments, but not to manage investments or give investment advice. The same register lists the company for digital assets business as a Class F licensee under registration number 54814; its investment business entry shows no licence number.
The IG Group's other companies serve clients in their own regions, and WIKILIX's licence check on 22 October 2026 confirmed each of these licences:
- IG Markets Limited (FCA firm reference 195355) and IG Index Limited (FCA firm reference 114059), both Authorised in the UK since 1 December 2001
- IG Trading and Investments Limited (FCA firm reference 944492), Authorised, which provides IG's UK share dealing, ISA and Smart Portfolio accounts
- IG Europe GmbH in Frankfurt (BaFin-ID 10148759), listed by BaFin as a Wertpapierinstitut (securities institution) and Kryptowertedienstleister (crypto-asset service provider)
- IG Australia Pty Ltd, holder of ASIC Australian financial services licence 515106, status Current, and of New Zealand FMA derivatives issuer licence FSP684191
- IG Asia Pte Ltd, listed by the Monetary Authority of Singapore as a Capital Markets Services Licensee
- IG Limited in the DIFC, Dubai (DFSA reference F001780)
- IG Securities Limited in Japan, registered as a financial instruments business with the Kanto Local Finance Bureau under No. 255
- IG Bank S.A. in Geneva, authorised by FINMA as a bank
IG Markets South Africa Limited's FSCA financial services provider licence, FSP 41393, is the exception: the FSCA register shows it as Lapsed, with the status last updated on 20 April 2026, although IG's South African site still describes it as current. None of these licences covers accounts opened on ig.com/en, which are with IG International Limited.
Is IG Regulated?
Yes. IG International Limited, which provides the CFD accounts on ig.com/en, is licensed by the Bermuda Monetary Authority, and the licence is confirmed on the BMA's register. An account opened on this site is therefore with a Bermuda-licensed company, not with IG's UK, European or Australian companies. Applicants from the UK, most of the EEA, Switzerland, Australia, New Zealand, Japan and Singapore are sent to IG's site for their region instead, where another IG company and its regulator apply.
IG International Limited
IG International Limited is the company that provides the CFD accounts on ig.com/en. It was incorporated in Bermuda on 18 October 2019 under registration number 54814, the number IG's customer agreement also gives, and WIKILIX confirmed the registration on 22 October 2026 against the company's LEI record (2138003BPN54LRCOWA43), validated at the Bermuda Registrar of Companies, and the BMA register. Its registered address is Crawford House, 50 Cedar Avenue, Hamilton HM 11, while IG's complaints and payment instructions use 46 Reid Street, Hamilton HM12. Its ultimate parent company is IG Group Holdings Plc, and it receives services from other IG Group companies, including IG Markets Limited. IG's contact page gives a head office address of Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA.
Is IG Safe?
IG International pairs a licence confirmed on the BMA register with membership of a long-established, listed group, but neither removes the risk of trading CFDs: IG's own warning states that 80% of retail client accounts lose money when trading CFDs with this provider. IG asks clients to send bank deposits to accounts in IG International's name that it labels as client accounts, at HSBC in Hong Kong and Standard Chartered in Singapore. IG International's clients do not fall under the UK's Financial Services Compensation Scheme, which protects eligible clients of FCA-authorised firms such as IG Markets Limited up to 85,000 GBP per person, per firm, and WIKILIX knows of no Bermudian investor compensation scheme that covers them.
IG Account Types
The standard CFD account is IG International's main live account, with no minimum deposit to open. Clients can convert it in My IG into a limited risk account, in which every position must carry a guaranteed stop; the premium is charged only if the stop is triggered, and on share CFDs IG's charges page gives it from 0.3% while its product details say it can reach 3.0% of the transaction value. MetaTrader trading runs through separate MT4 CFD and MT5 CFD accounts, which clients add and fund through My IG.
Forex Direct is IG's direct market access service for forex, charged by commission instead of IG's spread. IG also offers corporate accounts, both for retail clients trading through a company and for institutions, and joint accounts, for which each holder first opens an individual account. A demo account comes with every live account. Premium is a status IG offers by invitation to high-volume traders, adding a personal account manager and possible volume-based rebates, rather than a separate account. Applicants must be over 18 and pass an appropriateness assessment.
IG Spreads, Commissions and Fees
IG International charges no commission on forex, indices and commodities, where its charge is built into the spread; its MT5 page gives minimum spreads of 0.6 on EUR/USD, 0.3 on spot gold and 0.4 on the US 500. Share CFDs carry a commission on each side of the trade, for example 2 cents per share on US shares with a 15 USD minimum online, 0.10% on UK FTSE 350 shares with a 10 GBP minimum and 0.18% on Hong Kong shares with a 50 HKD minimum. During a new account's first six weeks IG lowers the minimum share CFD commissions, and for the first two weeks minimum trade sizes are half the normal level.
Forex Direct replaces the spread with a commission of 60 USD per 1 million USD traded, falling to 30, 20 and 10 USD once the previous month's forex volume reaches 100 million, 500 million and 1.5 billion USD. ProRealTime costs 40 USD a month: IG's platform comparison page says it is free for clients who trade at least four times a month, while its help centre says the fee is debited every month the platform is enabled and a rebate depends on consistent, fairly high-value trading. L2 Dealer is free with a minimum balance of 2,000 USD, with monthly fees for share data and level 2 prices.
IG Leverage
IG International offers leverage of up to 1:200. It is set market by market through IG's margin requirements rather than by account type, so the level available depends on the instrument traded.
IG Trading Platforms
IG's own platforms are its HTML5 web platform and the IG Trading app. The app is on Google Play; on iPhone, IG offers a progressive web app and tells clients to check whether the IG Trading app is in their country's App Store, and on iOS clients cannot fund the account or set alerts. L2 Dealer, IG's direct market access platform for share and forex CFDs, runs only on Windows and is, IG says, for very experienced clients.
MetaTrader 4 runs on Windows, Mac, Android and iOS, and MetaTrader 5 on Windows, macOS, a web terminal, Android and iOS. Both carry fewer markets than IG's own platform; MT4 offers forex, indices, oil and major metals. Clients can also connect their IG account to TradingView, for which IG adds no charge, and use ProRealTime on PC, Mac and Linux. Developers can use IG's REST and streaming APIs, and IG offers a FIX API through its institutional service.
IG Deposits and Withdrawals
IG International accepts Visa and MasterCard debit and credit cards, bank transfers to its client accounts at HSBC in Hong Kong and Standard Chartered in Singapore, HKD FPS transfers from Hong Kong bank accounts and transfers sent through Wise. Card deposits are instant and have a 50 USD minimum, with maximums of 99,999 USD per debit card payment and 50,000 USD per credit card payment. Bank transfers have no minimum and take up to three business days, and FPS typically clears within one business day. Payments must come from the account holder, and business, corporate and prepaid cards are not accepted. PayPal is not among the funding page's methods, although the platform comparison page lists it for the mobile app and the customer agreement allows it where available.
IG's pages give different card fees. The funding page lists debit cards, bank transfers and FPS as free and charges 1% on Visa and 0.5% on MasterCard credit card deposits, while the charges page lists a third-party charge of 2.3% of the transaction amount, levied by the card processor. The customer agreement also reserves a reasonable administration charge for processing payments and passes all bank charges to the client.
Withdrawals go back to the card, up to the amount deposited unless the client made a profit, or by bank transfer, and IG normally returns money by the same method and to the same place it came from. Card withdrawals take two to five bank working days, with a minimum of 150 USD unless less is available and a maximum of 25,000 USD a day. Bank withdrawals have no limit; one help article says they take one to three working days to clear, while another says they should generally arrive within 24 hours. No withdrawal fee is published.
IG Support
IG International's support team is available 24 hours a day except from 10pm Friday to 8am Saturday (GMT). Clients can reach it by web chat, which opens with an AI assistant, by WhatsApp, by phone on +44 (20) 7633 5431 and by email at helpdesk.en@ig.com, and the customer agreement gives a second number, +44 (0)207 896 0011. A complaint goes first to client services and then to the compliance department in Bermuda, which IG says will give a full written response within eight weeks; under the customer agreement, an unresolved complaint can be referred to the Bermuda Monetary Authority.
IG Pros and Cons
Pros
- IG International's licence is confirmed on the Bermuda Monetary Authority's register.
- No minimum deposit to open an account.
- A wide choice of platforms: IG's own web platform and app, MT4, MT5, TradingView, ProRealTime, L2 Dealer and APIs.
- No commission on forex, indices and commodities, and a limited risk account with guaranteed stops.
- Support 24 hours a day apart from a weekly ten-hour break.
Cons
- Accounts on ig.com/en are with the Bermuda company, outside the UK's compensation scheme.
- IG's pages disagree on card fees and on the ProRealTime fee.
- MT4 and MT5 carry fewer markets than IG's own platform, and clients cannot fund the account from iOS.
- Not available to residents of the United States.
IG Review and Assessment
IG offers international clients a broad CFD service through IG International Limited, with a licence confirmed on the Bermuda register, no minimum deposit and a choice of platforms that runs from its own web platform to MT4, MT5 and TradingView. Before funding, confirm which IG company holds the account. On ig.com/en it is the Bermuda company, so do not assume the protections of IG's UK, European or Australian licences apply. Also confirm card charges with IG, because its own pages quote different rates.
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