IG Forex Trading Review

ig forex trading

IG’s forex trading services offer traders a range of trading options. Their trading platforms offer the ability to trade in currencies, including USD, EUR, GBP, AUD, SGD and HKD. The company’s platforms are easy to use, and provide full functionality and a high user experience. The trading platform has interactive charts, 28 technical indicators, and guaranteed stop-loss and take-profit. In addition, IG offers a range of different trading methods that are useful for day-to-day trading.

There are three main types of trading accounts on IG. The spreads on these accounts can change during the day, and some traders may be more comfortable trading with wider spreads. IG also charges a fee for overnight funding, which applies to cash CFD trades held past 10 PM GMT. The spreads and overnight funding fees will vary based on the type of financial instrument.

IG also has a free demo account for practice trading. This is perfect for new traders or those who are new to the markets. They can get up-to-date market prices and news through the application, and their dashboard is user-friendly and offers great customizability. The company also provides educational resources like webinars, seminars, and special reports for its traders.

IG has an excellent reputation and is one of the best forex brokers in the world. They offer a wide range of currency pairs, including over 80 for US traders. Moreover, their European traders can access over 18,000 markets. In addition, IG has 24 hour customer support in most countries. This ensures that their customers have a high degree of confidence.

IG has been in business since 1974 and has over 178,000 active traders. Its low commission rates, extensive range of trading products, and extensive education department make it an attractive option for investors. Additionally, the company also offers a wide range of assets, including stocks, cryptocurrencies, and bonds. In addition to forex, IG supports trading in stocks, indices, and other asset classes.

IG also offers stock CFDs, and offers leverage up to 1:5. It is one of the leading players in the UK forex broker industry. However, it is important to remember that trading CFDs is risky and may not be suitable for all investors. The company recommends that investors read their terms and conditions carefully before making any decisions.

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