IG is a CFD and forex broker. IG has a well-designed and user-friendly web trading platform that is easy to customize. You will find many useful educational tools on the website. Funding and withdrawing money is easy and there are multiple options. On the other hand, IG’s trading fees are high for stock CFDs. The product portfolio is limited, as in most countries IG offers only CFD and options trading. Customer support could be better. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Fees: IG has low non-trading fees. Withdrawals are free of charge and the inactivity fee is charged only after 2 years. On the negative side, stock CFD fees are high.
Deposit fees and options: IG charges no deposit fees.
In addition to bank transfers, you can also deposit money via credit/debit cards and PayPal. In case of bank card deposit, IG accepts:
Debit cards: Maestro, Visa, Electron, MasterCard
Credit cards: Visa, MasterCard, Discover
Major prepaid cards
Deposit & Withdrawal: IG offers free and fast deposit and withdrawal options. There are various options for funding your account, including traditional methods such as wire transfer and credit card funding, as well as PayPal.
