IG Cashback Rebates

 

Overall, IG offers cashback according to the trading volume, threshold, and the financial instrument traded as follows:

 

🥇 IG Account🥈 Threshold 1🥉 Threshold 2🏅 Threshold 3
💴 Payment FrequencyMonthly before the 10thMonthly before the 10thMonthly before the 10th
📈 Forex$5 per 25 million USD$7 per 200 million USD$10 per 300 million USD
🍎 Commodities$5 per 5 million USD$7 per 20 million USD$9 per 30 million USD
📉 Indices$2 per 40 million USD$5 per 100 million USD$7 per 200 million USD
📊 Shares5% per 1.5 million USD10% per 6 million USD20% per 10 million USD

 

IG Cashback Rebates

 

IG Cashback Rebates – 30 Key Point Quick Overview

 

  1. ✅ IG Rebates Summary
  2. ✅ How to Open a Forex Cashback Account with IG (via SAShares)
  3. ✅ IG vs. Notable Other Brokers – Forex Rebate Comparison
  4. ✅ Number of Traders participating in IG Cashback Rebates
  5. ✅ Detailed Summary of IG
  6. ✅ Geolocation of Traders
  7. ✅ Advantages that IG has over Competitors
  8. ✅ Who will Benefit from Trading with IG?
  9. ✅ IG Regulation and Safety of Funds
  10. ✅ IG Awards and Recognition
  11. ✅ IG Account Types and Features
  12. ✅ How to open an Account with IG
  13. ✅ IG Trading Platforms
  14. ✅ Which Markets Can You Trade with IG?
  15. ✅ IG Trading and Non-Trading Fees
  16. ✅ IG Deposits and Withdrawals
  17. ✅ IG Education and Research
  18. ✅ IG Bonuses and Current Promotions
  19. ✅ How to open an Affiliate Account with IG
  20. ✅ IG Customer Support
  21. ✅ IG Corporate Social Responsibility
  22. ✅ IG Alternatives
  23. ✅ IG VPS Review
  24. ✅ IG Web Traffic Report
  25. ✅ IG Customer Reviews
  26. ✅ IG vs. Other Notable Brokers
  27. ✅ IG Pros and Cons
  28. ✅ Recommendation for Improving IG Cashback Rebates
  29. ✅ Our Verdict on IG
  30. ✅ IG Frequently Asked Questions

 

 

IG Rebates Summary

 

  • ✅ IG has an overall rating of 4.7 / 5
  • ✅ IG has a Real Customer Rating of 4.5 / 5

 

 

IG Cashback Forex Conditions

 

  • ✅ IG’s Rebate Scheme began on March 2, 2020. It will continue until IG notifies customers with at least one month’s notice before terminating the scheme.
  • ✅ Only Transactions that meet the eligibility criteria specified in IG’s Terms can receive a rebate under the scheme.
  • ✅ The rebate is only available for Transactions on foreign exchange (excluding Forex Direct (DMA) trades), indices, commodities, and shares (Eligible Products). IG has sole discretion in determining which category of Eligible Product a Transaction falls under. In addition, rebates are not payable regarding Digital 100s, options, or sprints.

 

 

IG determines transactions that are not eligible for rebates at its sole discretion. This includes transactions that are subsequently canceled, voided, or reversed (by the customer or IG), transactions that are split into two or more other Transactions, or transactions that are automatically generated or not initiated by the customer (or on their behalf).

 

IG Additional notes on Cashback Rebates

 

  • ✅ Trading the minimum amount (USD million) of volume required monthly earns a cash rebate in your base currency per notional million traded.
  • ✅ A percentage of the commission on share CFDs is also rewarded.
  • ✅ Rebates are credited on or around the 10th of the following calendar month.

 

 

Rebate Thresholds are measured in millions of USD notional traded

 

IG Rebates Summary

 

How to Open a Forex Cashback Account with IG (via SAShares)

 

You can follow these steps to register for a Forex Cashback Account with IG via SAShares.

 

For New Accounts

 

If you do not have an existing account with IG, you can easily obtain a cashback rebate in three easy steps.

 

✅ Step 1: Visit the IG Website

Visit the IG website and click “Open New Account.”

 

 

✅ Step 2: Submit a Trading ID

Submit your Trading ID to us: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: New IG Rebate Application

 

“Dear SAShares Team,

Please view my IG Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

 

✅ Step 3: Wait for Approval

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the IG system.

 

For Existing Accounts

 

If you have an existing IG account, you can get a cashback rebate by following these easy steps.

 

✅ Step 1:  Send an email to IG: [email protected]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: Account Transfer Request

 

“Dear IG Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

 

 

✅ Step 2: Create an Additional Account

Once you receive confirmation of the transfer from IG, you can create an additional trading account.

 

 

✅ Step 3: Contact SAShares

Lastly, you can send your Trading or Client ID to [SAShares].

 

For Example:

 

To: [SAShares]

Subject: New IG Rebate Application

 

“Dear SAShares Team,

Please view my IG Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

How to Open a Forex Cashback Account with IG (via SAShares)

 

IG vs Notable Other Brokers – Forex Rebate Comparison

 

To view IG’s comprehensive Forex Rebate Program, we compared Forex rebates with other notable brokers using the rebate ECN, VIP, or Professional Forex Rebate Accounts.

 

🔎 Broker🥇 IG🥈 IC Markets🥉 Titan FX
📈 Forex$10 per 300 million USDForex Majors – 0.2 pips
Forex Minors – 0.3 pips
1.5 pips
💡 EnergiesN/AUp to $1.25 per lot0.4 pips
🪙 CryptocurrencyN/AUp to $0.5 per lot2 pips
💎 Precious MetalsN/A0.30 pips0.4 pips
📉 Indices$7 per 200 million USDN/A1 pip
📊 Shares20% per 10 million USDN/AN/A

 

IG vs Notable Other Brokers - Forex Rebate Comparison

 

Number of Traders participating in IG Cashback Rebates

 

IG serves traders from around the world. However, it is not known how many participate in the IG cashback rebates.

 

Number of Traders participating in IG Cashback Rebates

 

Detailed Summary of IG

 

🔎 HeadquarteredUnited Kingdom
📈 Year Founded1974
📉 Regional RestrictionsNone
☪️ Islamic Account✅ Yes
🆓 Demo Account✅ Yes
⏰ Non-expiring Demo✅ Yes
🕰️ Demo DurationUnlimited
7️⃣ Retail Investor Accounts7
📌 PAMM Accounts✅ Yes
💧 Liquidity ProvidersSeveral Tier-1 partnerships, banks, and others
➡️ Affiliate Program✅ Yes
↪️ Order ExecutionMarket
📍 OCO OrdersNone
🫰🏻 One-Click Trading✅ Yes
🅰️ Scalping Allowed✅ Yes
🅱️ Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
👤 Expert Advisors (EAs) Allowed✅ Yes
📌 Trading API✅ Yes
💴 Cashback Forex Calculator offeredNone
💵 Cashback Forex Lot Size CalculatorNone
💶 Cashback Forex Compounding CalculatorNone
📈 Starting spreadFrom 0.1 pips DMA
📉 Minimum Commission per Trade0.10%
📊 Decimal Pricing5th decimal pricing after the comma
✔️ Margin Call100%
⛔ Stop-Out50%
⬇️ Minimum Trade Size0.01 lots
⬆️ Maximum Trade SizeUnknown
🪙 Crypto trading offered✅ Yes
❌ Leverage RestrictionsNone
💷 Minimum Deposit (USD)$250
💳 Deposit CurrenciesGBP, EUR, AUD, USD, SGD, HKD
💰 Account Base Currencies (All)USD
🥰 Active IG customersUnknown
⏰ Minimum Withdrawal Time1 business day
🕰️ Maximum Estimated Withdrawal TimeUp to five business days
📌 Instant Deposits and Instant Withdrawals✅ Yes
📍 Segregated Accounts✅ Yes
▶️ Trading Platform TimeGMT +1
⏩ Observe DST ChangeNone
📈 DST Change Time zoneGMT
💭 Languages supported on the websiteEnglish
🔊 Customer Support LanguagesMultilingual
💹 Copy Trading Support✅ Yes
⏰ Customer Service Hours24/7
🎁 Bonuses and PromotionsNone
🖍️ Education for beginners✅ Yes
💻 Proprietary trading software✅ Yes
❤️ Is IG a safe broker for traders✅ Yes
🔟 Rating for IG10/10
💯 Trust score for IG99%

 

Detailed Summary of IG

 

Geolocation of Traders

 

Most of IG’s market share is concentrated in these areas:

 

  • ✅ United Kingdom – 24.83%
  • ✅ Japan – 9.65%
  • ✅ Australian – 6.42%
  • ✅ Germany – 5.87%
  • ✅ France – 5.45%

 

 

IG Current Expansion Focus

 

  • ✅ IG is a globally-based Forex and CFD broker with operations in Germany, France, Italy, Norway, Portugal, Ireland, Netherlands, Switzerland, United Kingdom, Spain, Austria, Sweden, United States, Australia, Singapore, Japan, South Africa, and the United Arab Emirates.

 

 

Countries not accepted by IG

 

  • ✅ IG does not have any regional restrictions. However, this depends on the entity with which traders register an account.

 

 

Popularity among traders who choose IG

 

IG is a reputable trading provider and one of the Top 10 CFD and Forex Providers worldwide.

 

 

Advantages that IG has over Competitors

 

IG has the following advantages over its competitors:

 

  • Low trading fees: IG offers competitive trading fees for various markets, including forex, stocks, and commodities. IG’s currency conversion fee is only 0.5%, significantly lower than many competitors.
  • Advanced trading platforms: IG provides traders with various powerful trading platforms, including the popular MetaTrader 4 and its proprietary platform, which offers advanced features such as customizable charts, technical analysis tools, and access to news and research.
  • Wide range of markets: IG offers access to a wide range of markets, including over 17,000 global markets across forex, stocks, commodities, and more.
  • Strong regulatory oversight: IG is regulated by several reputable financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC), which helps to ensure a high level of security and reliability for clients.

 

 

Education and research resources: IG provides traders with access to a wealth of educational and research resources, including webinars, trading guides, and analysis tools, which can help traders make more informed trading decisions.

 

Advantages that IG has over Competitors

 

Who will Benefit from Trading with IG?

 

Traders looking for a reputable and globally recognized broker to trade with and those who want to access a wide range of trading products would benefit from trading with IG. Specifically:

 

  • ☑️ American traders who want to trade CFDs would benefit from trading with IG. The company accepts American clients despite lacking account protection and guaranteed stop losses.
  • ☑️ Traders looking for a broker with a strong global presence and reputation would also benefit from trading with IG. The company has won awards for its quality and sponsors major events and sports teams, which adds to its credibility.

 

 

Traders who want access to a wide range of trading products would benefit from IG’s offering of over 19,000+ tradable assets, even though it is a CFD broker with limited asset categories.

 

Who will Benefit from Trading with IG

 

IG Regulation and Safety of Funds

 

IG Global Regulations

 

🔎 Registered Entity🌎 Country of Registration📌 Registration Number📍 Regulatory Entity📈 Tier
1️⃣ IG Markets Limited (IGM)United Kingdom04008957FCA1
2️⃣ IG Europe GmbH (IGE)GermanyN/ABaFin1
3️⃣ IG Bank SA (IGB)SwitzerlandN/AFINMA1
4️⃣ IG LimitedDubaiN/ADFSA2
5️⃣ IG Markets South Africa LimitedSouth Africa2010/000229/10FSCA2
6️⃣ IG Asia Pte Ltd (IGA)SingaporeN/AMAS1
7️⃣ IG Securities LtdJapanN/AJFSA1
8️⃣ IGMAustraliaABN 84 099 019 851ASIC1
9️⃣ IGMNew ZealandN/AFMA1
🔟 IG US LLCUnited StatesN/ACFTC1
#️⃣ TastyworksUnited StatesN/ANFA1
*️⃣ IG International Limited (IG INT)BermudaN/ABMA3

 

How IG Protects Traders and Client Funds

 

🔎 Security Measureℹ️ Information
🔒 Segregated Accounts✅ Yes
🔏 Compensation Fund Member✅ Yes
🔐 Compensation Amount85,000 GBP
🔓 SSL Certificate✅ Yes
🔒 2FA (Where Applicable)✅ Yes
🔏 Privacy Policy in Place✅ Yes
🔐 Risk Warning Provided✅ Yes
🔓 Negative Balance Protection✅ Yes
🔒 Guaranteed Stop-Loss Orders✅ Yes

 

IG Regulation and Safety of Funds

 

IG Awards and Recognition

 

According to IG’s website, the company has been recognized for the following honors in recent years as a broker:

 

  • ✅ Best Multi-Asset Trading Platform 2021 by ADVFN International Financial Awards.
  • ✅ Best Trading App 2021 by The Good Money Guide Awards.
  • ✅ Best Mobile Trading Platform 2020 by the Online Personal Wealth Awards.
  • ✅ Best Spread Betting Provider 2020 by the Shares Awards.
  • ✅ Best Forex Trading Platform 2020 by the UK Forex Awards.
  • ✅ Best CFD Provider 2019 by the Online Personal Wealth Awards.
  • ✅ Best Forex Provider 2018 by the Online Personal Wealth Awards.

 

 

Finally, IG was awarded Best Platform Features 2018 by the Investment Trends UK Leverage Trading Report.

 

IG Awards and Recognition

 

IG Account Types and Features

 

IG offers a comprehensive range of accounts depending on the trader’s location, including:

 

  • ✅ CFD/DMA Trading Account
  • ✅ Limited Risk Trading Account
  • ✅ Options Trading Account
  • ✅ Turbo24 Trading Account
  • ✅ Share Dealing Account
  • ✅ Spread Betting Account
  • ✅ Swap-Free Trading Account

 

 

These accounts are available in different regions, including:

 

  • ✅ United Kingdom Accounts
  • ✅ European Accounts (excluding the UK and Switzerland)
  • ✅ Australian Accounts
  • ✅ Switzerland, South Africa, Singapore, and New Zealand Accounts
  • ✅ Dubai Accounts
  • ✅ Japan Accounts
  • ✅ US (IG) Accounts
  • ✅ USA (NADEX) Accounts

 

 

New traders are required to deposit $250 to open an account, and they can choose from a variety of spreads for each financial instrument:

 

  • ✅ Forex – 0.6 pips EUR/USD with an average spread of 0.75 pips and a DMA spread of 0.1 pips
  • ✅ Indices – from 0.4 pips on the FTSE 100
  • ✅ Commodities – from 0.3 pips
  • ✅ Cryptocurrency – from 0.2 pips on Stellar
  • ✅ Futures – from 0.6 pips
  • ✅ Interest Rates – from 1 pip
  • ✅ Bonds – from 1 pip

 

 

Fees on EU and UK shares start at 0.10%, while commissions on shares in the US start at $0.2. However, there is no precise explanation of the different types of accounts on the IG website.

 

🔎 Live Account💴 Minimum Dep.📊 Average Spread💵 Commissions💶 Average Trading Cost
🥇 CFD Account$2500.8 pipsNone8 USD
🥈 Spread Betting$2500.6 pipsNone6 USD
🥉 DMA Account$2500.1 pips6 USD7 USD

United Kingdom Accounts

 

  • ✅ IG offers a range of accounts tailored to meet the unique needs and objectives of traders in the United Kingdom. These accounts provide UK traders with the tools and resources to achieve their trading goals.

 

 

European Accounts (excluding the UK and Switzerland)

 

  • ✅ European traders, except those in the UK and Switzerland, can select from a range of IG Trading, Professional, Options, or turbo24 accounts.  These accounts offer a variety of features and benefits, including customizable trading platforms and access to a wide range of financial instruments.

 

 

Australian Accounts

 

  • ✅ IG Markets Ltd. in Australia provides Australian traders with exclusive trading conditions, features, and competitive pricing. These accounts are designed to meet the needs of the Australian market and offer traders the opportunity to trade various financial instruments.

 

 

Switzerland, South Africa, Singapore, and New Zealand Accounts

 

  • ✅ IG Bank S.A., IG Markets South Africa Ltd., IG Asia Pte Ltd., and IG Markets Ltd., Australia, provide traders worldwide access to IG’s comprehensive product offering and trading solutions. There are no account opening fees aside from the required minimum deposit.
  • ✅ Once customers have funded their accounts and begun trading, IG only charges them the spread or a minor commission fee on equity trades. As a result, new clients can take advantage of a low minimum contract price, and traders only need to pay a fraction of the total cost.

 

 

Dubai Accounts

 

  • ✅ Traders in the covered territories can use IG Limited’s complete trading solutions and services. In addition, these traders can expect access to a range of account features and choices, including customizable trading platforms, a wide range of financial instruments, and advanced charting tools.

 

 

Japan Accounts

 

  • ✅ The JFSA licenses IG Securities Ltd. and offers trading services to Japanese clients. These services include access to various financial instruments, customizable trading platforms, and advanced charting tools.

 

 

US (IG) Accounts

 

  • ✅ Traders in the United States can open an IG Trading Account, which offers a variety of features, including customizable trading platforms, access to a wide range of financial instruments, and advanced charting tools.

 

 

USA (NADEX) Accounts

 

IG’s exchange account is available to US traders and can be used to trade exchange-traded binaries. This account offers a range of features, including customizable trading platforms, access to a wide range of financial instruments, and advanced charting tools.

 

IG Account Types and Features

 

IG Demo Account

 

IG offers various trading platforms, making it challenging for customers to choose the right one. However, all clients can use a free demo account that helps them determine the most suitable and effective trading platform options.

The demo account provides a risk-free environment that mimics real trading with virtual money and no obligations. As a result, it is the perfect place to gain a risk-free introduction to your broker, the industry, and the various trading platforms available.

Moreover, since the account operates with virtual funds that can be reset anytime, there is no need to deposit real money. This makes it an excellent starting point for novice traders, and the IG Markets demo account never expires.

 

IG Account Types and Features 2

 

IG Islamic Account

 

IG Markets offers an Islamic account option, a swap-free account that complies with Sharia law. However, this type of account is only available to traders registered with the UAE company of the Dubai-based broker.

One of the benefits of this account type is that it does not charge a rollover fee, which makes it appealing to traders who follow Islamic principles. Nonetheless, IG may charge an additional fee to cover the swap. In addition, some assets may not be available for trading with this account type.

 

IG Islamic Account

 

IG Professional Account

 

The IG Professional Account provides account features not available to retail clients. However, it also entails a loss of certain investor protections. Some features include the following:

 

  • ✅ Eligible professional traders may receive a monthly spread rebate if they trade in high volumes.
  • ✅ With the IG Professional Account, you can continue to trade option CFDs and restricted products like digital 100s.
  • ✅ Professional clients can use up to 95% of the value of their shareholdings as a margin for CFDs, providing more flexibility in trading.
  • ✅ Margins for professional traders could decrease by up to 90%, enabling more efficient use of capital.

 

However, the following requirements must be met for traders to be eligible for the IG Professional Account:

 

  • ✅ Traders must have significant trading volumes of at least 10 leveraged transactions per quarter within the past 4 quarters.
  • ✅ Traders must have a financial instrument portfolio of more than 500,000 EUR.

 

 

Traders must have the necessary experience in a professional position that requires extensive knowledge of derivatives trading for at least a year.

 

IG Professional Account

 

IG PAMM/MAM Accounts

 

IG offers PAMM/MAM solutions through its L2 Dealer and MT4 platforms. Furthermore, with the L2 Dealer platform or MT4, you can execute block trades simultaneously across multiple accounts.  Additionally, you can access IG’s deep internal liquidity pool to split large trades on OTC products over different accounts. Furthermore, IG has the following advantages in terms of PAMM over its competitors:

 

  • ✅ IG Group has been servicing institutional clients since 2006. It is regulated by the FCA in the UK and other regulators in different countries where it has local offices, such as FINMA, BaFin, ASIC, and MAS.
  • ✅ IG has strong relationships with international Tier 1 banks and offers a range of solutions to its clients, including execution and real-time reporting.
  • ✅ As an established member of the FTSE 250, IG Group has a market cap of £2.5 billion and a well-capitalized balance sheet, with revenue of £476.9 million and own net funds of £159.7 million.
  • ✅ IG Group’s innovative technology enables its trading platforms to process 7.7 million monthly trades with 99.95% uptime.
  • ✅ With SSL technology, clients can directly connect their front-end solutions, including Bloomberg EMSX, to IG Group’s products.

 

 

IG offers DMA and OTC solutions via the industry-standard FIX protocol, supporting pricing, trading, and account-streaming information.

 

IG PAMM MAM Accounts

 

How to open an Account with IG

 

To register a live trading account with IG, you can follow these steps:

 

  • ✅ Visit the IG website at www.ig.com and click the ‘Create account’ button in the top right-hand corner.
  • ✅ Provide your personal information, including your name, email address, and phone number.
  • ✅ Decide which type of account you would like to open. IG offers a range of accounts, including a CFD account, a DMA account, and a Spread Betting account according to your region and the jurisdiction under which you are registering.
  • ✅ Complete the online application form with all the required details, including your employment status, financial information, and trading experience.
  • ✅ Upload a copy of your ID documents, such as your passport or driving license, and proof of address, such as a recent utility bill.
  • ✅ IG will verify your account and send you an email confirmation once your account has been approved.
  • ✅ Once your account has been verified, you can fund your account by depositing via bank transfer, debit or credit card, or an e-wallet.

 

 

Once you have funded your account, you can start trading on the IG platform. You can access the platform via your web browser or the IG mobile app.

 

How to open an Account with IG

 

IG Trading Platforms

 

IG offers traders a choice between these trading platforms:

 

  • ✅ MetaTrader 4
  • ✅ IG Platform
  • ✅ ProRealTime (PRT)
  • ✅ L2 Dealer
  • ✅ FIX API

 

IG Trading Platforms

 

IG MetaTrader 4

 

MetaTrader 4 is a popular third-party platform with advanced analysis and automated trading tools for CFD trading and spread betting in the UK. Additionally, there are 18 bespoke app add-ons available to choose from.

MetaTrader 4 is a great option for a simple platform with automated trading capabilities.

Furthermore, you can download MT4 for free to trade forex, indices, commodities, energies, metals, cryptos, and more. Moreover, the platform is available on both desktop and mobile, making it accessible to users on the go.

 

IG MetaTrader 4

 

IG Platform

 

The IG web trading platform is a comprehensive online platform for all users interested in spread betting (UK) or CFD trading. This platform allows you to manage your account, register cards, make payments, and withdraw funds.

The IG Platform also offers research tools like streaming news, economic calendars, and trading signals. In addition, the platform is optimized for iPhone and Android, making it suitable for spread betting in the UK, CFD traders, and stock/share dealers.

Furthermore, the mobile platform provides access to the same research and monitoring tools as the web-based platform.

In addition, the progressive web app (PWA) launched by IG is an excellent option for users worldwide as it offers a seamless trading platform on any device without needing to visit a third-party app store.

Traders should note that the PWA is optimized to provide timely trading updates, bypassing delays inherent in traditional app store review processes.

 

IG Platform

 

IG ProRealTime (PRT)

 

ProRealTime (PRT) is a leading advanced charting package on the web that offers powerful monitoring tools, flexible access, and advanced analysis resources. PRT is suitable for technical chart users, and it is free if you trade spread bets (UK) or CFDs at least four times a month.

You can trade via API through the PRT platform to send IG trades from a custom interface you have built. This platform is recommended for professional traders, and newcomers may find the more user-friendly MetaTrader a better option.

 

IG ProRealTime (PRT)

 

IG L2 Dealer

 

L2 Dealer is a free share trading platform that offers direct market access (DMA). Users can trade CFDs or use the share dealing service, supported by helpful monitoring tools like watchlists, price alerts, and orders.

Furthermore, you can trade from charts and enjoy price-improvement technology at your fingertips.

 

IG L2 Dealer

 

IG FIX API

 

An application programming interface (API) is a program that connects two applications, such as your IG trading account and your custom-built platform. Trading with APIs provides faster order execution and more control, enhancing the trading experience.

With IG’s trading API, you can build your trading platform or use pre-made solutions to place spread bets (UK) and trade CFDs.

Trading with APIs makes it easy to get live market data and historical prices and execute trades from your IG trading accounts without manually going through various exchanges and dark pools for data and prices.

In addition, you can also automate your trading by connecting your front-end solutions to IG’s market-leading pricing and execution technology.

 

IG FIX API

 

Which Markets Can You Trade with IG?

 

Traders can expect the following range of markets from IG:

 

  • ✅ Forex
  • ✅ Indices
  • ✅ Share CFDs
  • ✅ Commodities
  • ✅ Cryptocurrencies
  • ✅ Futures
  • ✅ Options
  • ✅ Bonds
  • ✅ ETFs
  • ✅ Digital 100s
  • ✅ Interest Rates

 

 

Financial Instruments and Leverage offered by IG

 

🔎 Instrument🅰️ Number of Assets Offered🅱️ Max Leverage Offered
🪙 Cryptocurrencies101:20
📈 Futures331:20
📉 Options201:20
📊 Bonds121:20
📌 ETFs6,0001:10
📍 Digital 100s28Not Leveraged
▶️ Interest Rates61:50

 

Which Markets Can You Trade with IG

 

IG Trading and Non-Trading Fees

 

Spreads

 

Overall, IG’s Forex spreads are tighter than other large brokers, and the DMA account’s commissions are low. IG Markets charges some of the following spreads on financial instruments:

 

  • ✅ Forex – 0.6 pips EUR/USD with an average spread of 0.75 pips
  • ✅ Forex – DMA spread of 0.1 pips
  • ✅ Indices – from 0.4 pips on the FTSE 100
  • ✅ Commodities – from 0.3 pips
  • ✅ Cryptocurrency – from 0.2 pips on Stellar
  • ✅ Futures – from 0.6 pips
  • ✅ Interest Rates – from 1 pip
  • ✅ Bonds – from 1 pip

 

 

Commissions

 

When you buy and sell stocks with IG, they will transmit your orders directly to the exchanges and give you the best available price, unlike CFDs, where a spread markup is added. Instead, they impose a minimum fee and a percentage commission on all transactions.

IG Markets’ stock trading fees are based on the number of trades you made the previous month and the exchange on which the product is traded. Furthermore, Commissions are charged as follows:

 

  • ✅ EU and UK Shares – 0.10%
  • ✅ US Shares – $0.2

 

 

Overnight Fees, Rollovers, or Swaps

 

You will be charged an overnight funding fee when you keep a daily funded bet or cash CFD trade open after 10 p.m. UK time. IG will then add the interest needed to fund your position to your account balance.

Furthermore, opening a trade on a futures or forwards contract could help you avoid paying overnight funding. When you pay the basis of your trade, the charge figure from IG is added to the cost. Conversely, if you receive the basis, it is subtracted from the cost.

To calculate the overnight funding charge for shares, you need to multiply the number of nights you hold the shares by the product of the market closing price, your trade size, and the relevant interest rate benchmark, which may be adjusted by up to 2.5%. The resulting amount is then divided by 365.

 

The following formula is used to calculate CFD overnight fees with IG:

 

  • ✅ The number of contracts is multiplied by the contract value and price x (SONIA% +/- the 2.5% admin fee) divided by 365.

 

If traders have a long position, the formula will be added while a short position will be subtracted, as follows:

 

  • ✅ Long Position – Number of contracts x contract value x price (SONIA% + 2.5% admin fee) / 365.
  • ✅ Short Position – Number of contracts x contract value x price (SONIA% – 2.5% admin fee) / 365.

 

 

Deposit and Withdrawal Fees

 

  • ✅ Traders are charged a 2.1% fee of the total deposit amount when using a credit or debit card to fund their IG trading accounts.

 

Inactivity Fees

 

If it has been more than two years since you have traded using your IG trading account, IG will begin charging a monthly inactivity fee of $12 on the first of each month until you resume using the account to execute trades.

This fee is only applied when there is a positive balance in the account, so there is no risk of falling behind on payments.

 

Currency Conversion Fees

 

Currency conversion fees amount to 0.5% of the total transaction value if you trade items quoted in a currency other than the currency of your account.

 

IG Trading and Non-Trading Fees

 

IG Deposits and Withdrawals

 

IG offers the following deposit and withdrawal methods:

 

  • ✅ Bank Wire Transfer
  • ✅ International Transfers
  • ✅ Cheques
  • ✅ ACH
  • ✅ PayPal
  • ✅ Debit Cards
  • ✅ Credit Cards

 

 

How to Deposit Funds with IG

 

To deposit funds to an account with IG, traders can follow these steps:

 

  • ✅ Online Payment
  • ✅ You can deposit funds directly into your IG account via your debit or credit card and via electronic wallets such as PayPal, Skrill, and Neteller.
  • ✅ Simply log in to your account, select ‘My Account’, and then ‘Deposit’.
  • ✅ Choose your preferred payment method, enter the amount you wish to deposit, and follow the instructions.

 

  • ✅ Bank Transfer
  • ✅ You can transfer funds from your bank account to your IG account.
  • ✅ You need to log in to your IG account, select ‘My Account’, then ‘Deposit’, and choose ‘Bank transfer’.
  • ✅ Follow the instructions to make the transfer.
  • ✅ Make sure to use your IG account number as the reference.

 

  • ✅ Cheque
  • ✅ You can deposit funds into your IG account by sending a cheque to IG’s offices.
  • ✅ Log in to your account, select ‘My Account’, then ‘Deposit’, and choose ‘Cheque’.
  • ✅ Follow the instructions and ensure that you include your account details, such as your account number and name.

 

 

IG Fund Withdrawal Process

 

To withdraw funds from an account with IG, traders can follow these steps:

 

  • ✅ Log in to your IG account using your email and password.
  • ✅ Once you are logged in, click on the ‘My Account’ button at the top right-hand corner of the page.
  • ✅ Under the ‘My Account’ section, click the ‘Withdrawals’ option.
  • ✅ Choose the account you want to withdraw funds from.
  • ✅ Enter the amount you want to withdraw in the designated field.
  • ✅ Select the preferred withdrawal method. IG offers withdrawal options, including bank transfers, credit/debit cards, PayPal, and Neteller.
  • ✅ Enter the necessary details for the chosen withdrawal method.
  • ✅ Submit the withdrawal request.

 

 

Traders must note that the time it takes for the funds to be credited to your account depends on the withdrawal method.  Bank transfers may take up to three business days, while withdrawals to credit/debit cards may take up to five business days. PayPal and Neteller withdrawals are typically processed within 24 hours.

 

IG Deposits and Withdrawals

 

IG Education and Research

 

Education

 

IG offers the following Educational Materials:

 

  • ✅ IG Academy
  • ✅ Risk Management Guidelines
  • ✅ Maximising Trading Success
  • ✅ Developing a Trading Strategy
  • ✅ Webinars
  • ✅ Seminars
  • ✅ Glossary

 

 

and much more!

 

Research

 

IG offers traders the following Research and Trading Tools:

 

  • ✅ News and Trade Ideas
  • ✅ Trading Strategies
  • ✅ Financial Events
  • ✅ Trade Analytics Tool
  • ✅ Subscriptions and Downloads
  • ✅ Special Reports
  • ✅ Podcasts
  • ✅ Economic Calendar

 

 

and much more!

 

IG Education and Research

 

IG Bonuses and Current Promotions

 

IG currently offers traders a welcome bonus via IG International Limited. Eligible traders will receive an email from IG titled “Webinar Promotion: Start Trading with IG and receive USD$100.”

For further eligibility, traders must register an IG CFD account within 30 days of email receipt. If traders qualify, they will receive 100 USD trading credits to their CFD trading account if they have satisfied the following criteria:

 

  • ☑️ Traders must verify their information (identity and residential documents).
  • ☑️ Traders must make a one-time deposit of at least $500 or more.

 

 

Traders must open at least one transaction within the promotion period.

 

IG Bonuses and Current Promotions

 

How to open an Affiliate Account with IG

 

To register an Affiliate Account with IG, traders can follow these steps:

 

  • ✅ Go to the IG Partners website and click the “Join now” button.
  • ✅ Fill out the application form with your personal details, including your name, email address, and phone number.
  • ✅ Enter your website details, including the website URL, website name, and website description.
  • ✅ Choose the type of partnership you want to establish with IG, either Introducing a Broker or Affiliate.
  • ✅ Provide your business details, including your name, address, and tax ID number.
  • ✅ Read and agree to the terms and conditions of the IG Affiliate Program.

 

 

Click on the “Submit” button to complete the application process.

 

IG Affiliate Program Features

 

IG is a renowned online trading and investment broker widely considered the industry standard. With over 40 years of experience in global financial markets, IG’s Affiliate Program is an attractive option for many.

Traders who participate in this program can enjoy various advantages and capabilities, such as earning a bonus of up to $1,000 for every new client who meets the requirements and joins IG through their efforts.

Additionally, tailored online and mobile banners are developed to increase the number of times a banner advertisement is selected to be seen.

IG’s affiliate program also provides partners access to various reports and dashboards, a dedicated relationship manager, and multilingual support. As a result, affiliates can instantly offer their consumers world-class products from IG, enabling them to increase their sales.

 

To participate in an IG affiliate program, potential partners must meet certain requirements, such as the following:

 

  • ✅ Being above the age of 18.
  • ✅ Providing evidence of a website’s operation.
  • ✅ Having either trading or financial services as the primary focus of the website.

 

 

Furthermore, information about business or finances must be presented fairly and unbiasedly, and the website must be geared toward users above 18.

 

How to open an Affiliate Account with IG

 

IG Customer Support

 

IG provides comprehensive customer support services to its clients, ensuring that their queries and concerns are addressed promptly and satisfactorily. Here are the various ways in which IG customers can access customer support:

 

  • ✅ Live Chat: Clients can use the live chat feature on the IG website or mobile app to communicate directly with a customer service representative. The live chat service is available 24 hours a day from Monday to Friday.
  • ✅ Email: Customers can email the IG support team at [email protected]. The support team typically responds to emails within 24 hours.
  • ✅ Phone: Customers can contact the IG support team via phone. The phone numbers for different regions are available on the IG website under the “Contact Us” section.
  • ✅ FAQ Section: IG has a comprehensive FAQ section on its website that covers a wide range of topics, including account opening, funding, trading, and more.

 

 

Finally, Social Media. IG has active social media accounts on Twitter, Facebook, and LinkedIn, where customers can reach out for support.

 

IG Customer Support

 

IG Corporate Social Responsibility

 

As per IG’s corporate values, the company’s employees acknowledge their responsibility towards the business’s operations and their impact on people and the environment.  Furthermore, IG attributes its success to its unwavering commitment to ethical business practices, which is evident in the following initiatives:

 

  • ✅ IG’s regular activities as an online broker produce fewer harmful pollutants than many businesses in other industries. The company takes pride in being carbon neutral under PAS2060 and minimizing its environmental impact.
  • ✅ IG is committed to protecting the environment and contributing to social causes. The company donates 1% of its post-tax income to charity.
  • ✅ IG also requires employees to volunteer time and money to Brighter Future Finance. In addition, this organization funds community outreach activities.

 

 

As a financial services firm, IG is subject to rigorous governance and regulatory requirements. To ensure compliance, the company has established a comprehensive risk management framework that utilizes key risk indicators and ratings.

 

IG Corporate Social Responsibility

 

IG Alternatives

 

  • 🥇 FXTM has built a reputation as one of the top Forex and CFD brokers globally, with an impressive client base and a comprehensive range of quality offerings. The broker strongly emphasizes providing reliable trading conditions and extensive education, making trading accessible to traders of all levels, from beginners to experts, across the world.

 

  • 🥈 AvaTrade With over 400,000 clients worldwide, AvaTrade is a prominent Forex trading broker with a global presence. The broker operates as a Market Maker, offering traders access to various financial instruments, including Forex pairs, CFDs, and cryptocurrencies, without restrictions on short selling or scalping.

 

  • 🥉 IC Markets allows traders to trade various CFDs on various financial instruments, including stocks, currencies, commodities, cryptocurrencies, bonds, indices, and other derivatives. However, the broker does not offer a trading platform, meaning traders must utilize either cTrader, MetaTrader 4, or 5 to access the markets.

 

 

IG Alternatives

 

IG VPS Review

 

IG’s MT4 VPS service is exclusively available to clients with an account with the firm. However, those interested in accessing the service can apply by email to [email protected] using the email address associated with their IG account.

To ensure eligibility, IG will verify the applicant’s account balance. If the minimum requirement of $2,000 is met, IG will provide a link to apply for the MT4 VPS service, along with the terms and conditions.

While access to the MT4 VPS service is free for those who maintain the minimum account balance, a monthly charge of $50 will be incurred if the balance falls below the required threshold.

 

IG VPS Review

 

IG Web Traffic Report

 

🌎 Global Rank8,153
🅰️ Country Rank1,282
🅱️ Category Rank9
📉 Total Visits9.4M
📈 Bounce Rate57.37%
📊 Pages per Visit2.39
↪️ Average Duration of Visit00:04:28

 

IG Web Traffic Report

 

IG Customer Reviews

 

🥇 Satisfactory Service.

Since 2020, IG has provided satisfactory service, particularly in trading US shares with a low currency conversion fee of only 0.5%, significantly lower than industry competitors. – Abel Callahan

 

 

🥈 Positive Experience.

Consistently providing a positive experience, IG staff are highly responsive and personalized in their correspondence while ensuring prompt money transfers without any delays or issues. – Charis Everett

 

 

🥉 Very Professional.

IG’s professionalism in dealing with clients and their unobtrusive approach makes them one of the most preferred providers. The hope is that this trend will continue for a long time. – Cormac Castaneda

 

IG Customer Reviews

 

IG vs Other Notable Brokers

 

🔎 Brokers🥇 IG🥈 ACY Securities🥉 Titan FX
💴 Withdrawal FeeNone✅ YesNone
🆓 Demo Account✅ Yes✅ Yes✅ Yes
💵 Min Deposit$250$50$200
📈 SpreadFrom 0.1 pips DMAVariable, 0.0 pipsFrom 0.2 pips
📉 CommissionsFrom 0.10%From $5$3.5 per 100K USD
⛔ Margin Call/Stop-Out100%/50%100%/50%100%/50%
📊 Order ExecutionMarketSTPInstant, Market
🎁 No-Deposit BonusNoneNoneNone
🪙 Cent AccountsNoneNoneYes
☎️ Customer Service Hours24/724/524/7
🔟 Retail Investor Accounts743
☪️ Islamic Account✅ Yes✅ YesNone
⬇️ Minimum Trade Size0.01 lots0.01 lots0.01 lots
⬆️ Maximum Trade SizeUnknown100 lots100 lots
⏰ Min. Withdrawal Time1 business day1 working dayInstant
🕰️ Max. Withdrawal TimeUp to five business days5 working days3 – 5 working days
💳 Instant Withdrawals✅ Yes✅ Yes✅ Yes

 

IG vs Other Notable Brokers

 

IG Pros and Cons

 

✅ Pros❎ Cons
Clients have access to forex, indices, shares, commodities, cryptocurrencies, bonds, ETFs, options, industry sectors, and interest ratesNo negative balance protection for US traders
Accepts US clientsHigher fees than other brokers

 

IG Pros and Cons

 

Recommendation for Improving IG Cashback Rebates

 

IG is one of the industry’s most reputable and transparent forex and CFD brokers. IG details its rebates and what traders can expect. Therefore, no recommendation is needed for improvement.

 

 

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

 

 

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

 

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

 

 

Our Verdict on IG

 

IG’s 47 years of experience in the financial industry and its position as the world’s largest broker by revenue make it a clear global leader in CFD trading.

Its offerings suit small traders and market professionals, with competitive spreads, thousands of trading instruments, and a state-of-the-art news, research, and educational portal.

With a variety of platform options, clients can easily upgrade as their accounts build equity. In addition, professionals will appreciate the direct market access (DMA) that bypasses the dealing desk.

Overall, IG is an excellent choice for those looking for a reputable and reliable broker in the CFD trading market.

 

 

IG Frequently Asked Questions

 

What is IG?

IG is a financial services provider offering trading services such as CFD, Forex, and stock trading.

 

What is CFD trading?

CFD trading is where you speculate on the price movements of various financial markets without owning the underlying assets.

 

What are Forex Cashback Rebates?

Forex Cashback Rebates are an incentive some Forex brokers offer to encourage traders to execute trades with them. The rebates are a portion of the trading commission the trader pays, which is returned to them as a cashback reward.

 

Is IG a Forex Rebate provider?

Yes, IG does offer Forex Cashback Rebates to eligible clients.

 

What are the fees associated with trading on IG?

IG charges fees through spreads, commissions, and overnight financing charges.

 

Does IG provide a Cashback Forex Contest?

No, IG does not currently provide a Cashback Forex Contest.

 

How does the Forex Cashback Rebate process work?

The Forex Cashback Rebate process works by the trader executing trades through their IG account, with a portion of the commission paid by the trader being returned to them as a cashback reward.

 

Where can I find IG’s Cashback Forex Calendar?

IG does not have a Cashback Forex Calendar, but traders can check their account statements to see their earned rebates.

 

I’m an existing trader, how can I transfer my account to earn rebates via IG?

To transfer an existing trading account to earn rebates via IG, traders can contact IG’s customer support team for assistance.

 

Can I use a Forex Rebate EA with IG?

IG’s policies and platform capabilities may vary depending on the specific Forex Rebate EA used.

 

How many traders with IG use the Cashback Rebate feature?

The number of traders using the Cashback Rebate feature with IG is not publicly disclosed.

 

What are the maximum rebates I could earn with IG?

The maximum rebates a trader could earn with IG varies depending on trading volume and instrument type.

 

Can I withdraw funds from my IG account?

Yes, you can withdraw funds from your IG account through their online platform.

 

Does IG offer risk management tools?

Yes, IG offers risk management tools such as stop-loss orders and guaranteed stop-loss orders to help manage trading risks.

 

Will my IG fees and spreads increase when I use the Cashback Rebate feature?

No, IG’s fees and spreads do not increase when a trader uses the Cashback Rebate feature.

 

Why should I work through the SA Shares Cashback?

You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from IG.

This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as IG to ensure you get the most back from your trading activities.

 

How quickly will I receive my sign-up bonus?

“We don’t have a sign-up bonus.”

 

Do you provide compensation to eligible clients?

“In the unlikely event of this happening, all our clients would have their share of the segregated money or segregated assets returned, minus the administrators’ costs in handling and distributing these funds.

Any shortfall of up to £85,000 may be compensated under the Financial Services Compensation Scheme (FSCS). The FSCS is the compensation fund of last resort for customers of authorized financial services firms.

It is designed by the UK government to act as a ‘safety net.’ Usually, it covers private investors (retail clients) and small businesses if they have been clients of a financial services firm that becomes insolvent.”

 

What is your requote policy?

“IG’s best execution practices ensure that if the price moves outside of our tolerance level between when you placed the order and when it is executed, the order will be rejected.

This protects you against the negative effects of slippage when opening or closing a position. However, if the price were to move to a better position for you, IG would fill the order at that more favorable price.”

 

How do you protect client data and information?

“Safeguarding the privacy of your information is important to us, whether you interact with us by phone, by mail, over the internet, or any other electronic medium.

We hold personal information in a combination of secure computer storage facilities, paper-based files, and other records and take steps to protect the personal information we hold from misuse, loss, unauthorized access, modification, or disclosure.”

 

What execution speeds can I expect, and what is your execution policy?

“At IG, we would like to see you trading successfully and regularly with us – it’s a fundamental part of our business model – so we do our utmost to act in your favor at every stage of the trading process.

 

How do you handle customer complaints?

“If you have any reason to feel dissatisfied with any aspect of our service, in the first instance, you should contact our Customer Services Department on 010 344 0053 or email [email protected], as the vast majority of complaints can be dealt with at this level.”

 

What is the recommended initial deposit?

“You can deposit a minimum of $250 if funding by debit card. The minimum deposit is displayed on the payments screen when you process a payment. You can deposit a maximum of $99,999 daily if you are funding by debit card. For larger payments, we recommend funding via bank transfer.”