Foreign exchange, or forex, is the largest financial market in the world, with trillions of dollars worth of currency trades taking place every day. Retail forex trading, where individuals can speculate on the movements of currency pairs through online brokers, has become increasingly popular in recent years. IG is one of the leading online forex brokers, offering a range of trading platforms and services. In this article, we will explore when IG US started offering forex trading for retail clients.
IG is a UK-based company that was founded in 1974. It has since grown to become one of the largest online trading providers in the world, with over 239,000 clients worldwide. IG offers a range of financial products, including forex, CFDs, spread betting, and stocks.
In the United States, IG operates as a registered futures commission merchant (FCM) and retail foreign exchange dealer (RFED). IG US was launched in 2019, offering a range of products and services to US clients, including forex trading.
IG US offers forex trading through its proprietary platform, as well as the popular MetaTrader 4 (MT4) platform. Clients can trade over 80 currency pairs, including major, minor, and exotic pairs. IG US also offers competitive spreads, low commissions, and fast execution speeds.
So, when did IG US start offering forex trading for retail clients? The answer is 2019. IG US was launched in June 2019, offering a range of products and services to US clients, including forex trading.
IG US is regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). These regulatory bodies ensure that IG US operates in a fair and transparent manner, and that client funds are protected.
IG US also offers a range of educational resources to help clients improve their trading skills and knowledge. These resources include webinars, trading guides, and a demo account that allows clients to practice trading in a risk-free environment.
In conclusion, IG US started offering forex trading for retail clients in 2019. As a leading online forex broker, IG US offers a range of trading platforms and services, competitive spreads, low commissions, and fast execution speeds. With regulatory oversight from the NFA and CFTC, clients can be confident that they are trading with a reputable and trustworthy broker.
