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IG
22.4.26
IG
IG Review for traders in India: Forex & CFD Trading with a Global Leader
IG is not the cheapest broker on every market — stock CFD fees are above average. But 50 years of experience, 11 regulatory licences, ProRealTime and 17,000+ instruments in a single account are hard to match for Indian traders who prioritise regulatory credibility and platform depth.
Consensus Rating
The rating evaluates 42 key factors, from regulation and costs to execution, product offering and support. The score combines analysis from multiple experts and competitor comparisons to provide an aggregated and balanced assessment. This reduces individual bias and offers a more reliable reference for broader market consensus.
Alternative Provider
AvaTrade
India has a large and growing retail trading community with a strong appetite for global markets. AvaTrade's 1,260+ instrument range — including vanilla options and futures alongside standard forex and CFD products — gives experienced Indian traders more to work with than most offshore alternatives, and the AvaTradeGO app handles mobile access cleanly.
IG is a global multi-asset broker founded in 1974 and listed on the London Stock Exchange's FTSE 250 (LON: IGG). It holds 11 regulatory licences — 8 tier-1 — including the FCA in the UK, ASIC in Australia, BaFin in Germany, FINMA in Switzerland, MAS in Singapore and the JFSA in Japan. The platform offers 17,000+ instruments across forex, indices, shares, commodities, ETFs, bonds, futures, options and crypto CFDs, with the full range varying by region. Trading is available via the proprietary IG Web Platform, MetaTrader 4, ProRealTime (advanced charting and automated trading), L2 Dealer for direct market access, and TradingView integration. Forex spreads start from 0.6 pips on EUR/USD. The minimum deposit is $0. A single live account type covers all markets, with no commission on most instruments (share CFDs carry commission). UK clients also have access to tax-free spread betting and direct share dealing. IG Academy provides industry-leading educational content across all levels. No copy or social trading is available.
Available locally?
Foundation
1974
Minimum Deposit
$0
HQ
Payment Methods
Regulators
FCA
MAS
Trades at the Stock Exchange?
How to Open an Account
1. Go to the official website >
Visit the app's official website (or download it from the App Store/Google Play) to get started from a trusted source.
2. Open an account
Register, enter your basic information, and set up secure login. If available, enable two-factor authentication for extra protection.
3. Verify your identity
Complete the verification process with the required documents, such as an ID card or passport, and proof of residence (e.g., an electricity bill or bank statement).
4. Add funds
Choose how to use the service: bank transfer, card, or linked account (depending on the app). Check fees, limits, and processing times before confirming, as they may vary.
5. Make your first transaction
Find the function you need in the app, set the amount or limit (if applicable), and confirm.
Advantages
Costs
Transparent Fee Structure
Fees, spreads, and commissions are clearly disclosed.
Trading Platform & Execution
Fast Execution Speed
Orders executed quickly with minimal latency.
Customer Support
Reliable Customer Support
Responsive and effective assistance available to users.
Regulation & Trust
Clean Regulatory Record
No significant regulatory penalties or violations reported.
Trading Platform & Execution
Stable Trading Platform
Platform remains operational and stable during trading sessions.
Regulation & Trust
Segregated Client Funds
Client funds kept separate from company operational funds.
Regulation & Trust
20+ Years in Business
Long operational history demonstrating stability and experience.
Market Access
ETF Trading
Exchange-traded funds available for trading.
Trading Platform & Execution
DMA (Direct Market Access)
Orders placed directly into the underlying market order book.
Market Access
Wide Asset Selection
Large variety of tradable financial instruments.
Disadvantages
Costs
High Trading Fees
Higher costs can reduce trading profitability.
Costs
High Overnight Fees
Higher financing costs when holding positions overnight.
