The IG, or IG Group, is a well-known financial trading company that offers a range of financial products, including forex trading. In the forex market, IG operates as a broker, enabling traders to buy and sell currency pairs on a range of platforms, including its own proprietary platform, MetaTrader 4, and ProRealTime.
IG was established in 1974 and has since become one of the largest and most respected financial trading companies in the world. The company is headquartered in London, with offices in 16 countries across the globe. It is regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS).
IG offers forex trading on over 80 currency pairs, including major, minor, and exotic pairs. Traders can access the forex market through IG’s platforms, which offer advanced charting tools, technical analysis indicators, and a range of order types, including market, limit, and stop orders. The company also offers a range of educational resources, including webinars, online courses, and trading guides, to help traders improve their skills and knowledge.
One of the key features of IG’s forex trading services is its low spreads. Spreads refer to the difference between the bid and ask price of a currency pair, and they represent the cost of trading. IG offers some of the lowest spreads in the industry, with spreads starting from as low as 0.8 pips on major currency pairs.
IG also offers leverage, which allows traders to control a larger position with a smaller amount of capital. The amount of leverage available depends on the country of residence and the regulatory requirements in that country. For example, in the UK, traders can access leverage of up to 30:1 for major currency pairs, while in Australia, the maximum leverage is 500:1.
Another important aspect of IG’s forex trading services is its customer support. The company offers 24/7 support through a range of channels, including phone, email, and live chat. Traders can also access a range of educational resources, including webinars, online courses, and trading guides, to help them improve their skills and knowledge.
Overall, IG is a well-respected and reliable broker that offers a range of forex trading services to traders around the world. With low spreads, advanced trading platforms, and excellent customer support, it is an excellent choice for both novice and experienced traders alike.
