IG Reviews Read Customer Service Reviews of ig com 4 of 219
IG is a forex and CFD broker that provides online trading services globally. Based in the UK, it is regulated by top regulatory authorities including NFA, FCA, ASIC, FSA, AMF, FMA, MAS, DFSA . IG offers a variety of trading instruments, including Share CFDs, Forex, Indices, Commodities. It supports popular trading platforms and tools such as MT4, Progressive mobile web,ProRealTime, and L2 Dealer. IG has achieved an average rating of 1.8 out of 5 on Forex Peace Army (FPA). We’ve observed numerous brokers on FPA, and most brokers tend to have lower ratings.
IG’s platform includes a range of alerts and notifications to keep clients informed about market movements and changes. You can set alerts to trigger based on specific conditions, such as when a market moves a certain amount or hits a particular price level. The annual administration fee is £210, which is a little above the industry average, considering most platforms charge capped percentage-based fees. For instance, FreeTrade caps its SIPP fees at £10/month, charging a maximum of £120 annually. Trading spread bets and Contracts for Difference (CFDs) involve a high level of risk and may not be suitable for all investors.
Re-opened an old account and received info re ISA transfer.Staff very polite and helpful.Tried to activate Google Authentication app but gave up. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. I thank your employee Omkar for his friendly service with EXPERTISE. He appears to know IG trading system very well. Good platform, easy execution but….Customer services are appalling.
Learn to trade
- They hang up on you when you ring them…..this is robbery.
- While you should consider these reviews as part of your research process, you shouldn’t make decisions based solely on them.
- While particularly attractive to investors with portfolios above £100,000 due to a low 0.35% platform fee, it stands out for its range of investment offerings, including ethical portfolios.
- It was really easy and i was able to start talking to Sameer straight away who was very helpful and answered all my questions.I would definitely recommend this for all inquiries.
- Explore its key offerings, advantages and disadvantages, costs, and more.
So if I need to put in 2 stop orders I need to half my sizing. Other brokers base the margin on positions which is a lot better for me. I needed some help which we tried to sort using the online chat. As I was unsure about some details he suggested to do it over a call. He rang me straight away and talked me through it. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
IG Reviews Reviews 6
- Moreover, losses in leveraged products may exceed your initial deposit.
- Your personalized portfolio will usually cover a range of asset classes and geographies, including bonds, equities, and unique assets.
- IG offers a straightforward platform for forex trading, with features like low spreads, fast execution, and multiple trading options such as CFDs, spread betting, and DMA.
Additionally, IG offers negative balance protection, shielding you from losing more ig group review than you plan to, even in volatile markets. IG’s app provides a range of powerful tools for trading on the go. Their customer relations are some of the poorest I have encountered, certainly when it comes to financial affairs. Responses to my queries take days to be responded to if at all. I resorted on one occasion to writing to the C.E.O. and got no response at all.
The call handler stayed on the phone…
IG offers a range of sophisticated trading tools that cater to traders of various levels, from novices to seasoned professionals. IG provides a selection of global indices, providing continuous pricing accessibility 24/7. With over 80 indices, traders can explore various markets, including prominent stock market benchmarks and specialized sector indices. I really loved the telephone support service from IG, there are times you want to speak to someone regarding your specific queries. On top of that IG has now introduced 4.5% interest on my cash as well and no commission on my share and ISA trades. Excellent platform with many features and all tools to trade.
It’s got ISAs, pensions, contracts for difference, research and a learning facility. We’ve named IG as the best trading app for training resources’. I’ve use IG Trading for nearly 10 years now and at the beginning, they were a fantastic company. They delay withdrawals, they never delay deposits, I wonder why. They charge you for withdrawing money from your $ account.
However, commissions on certain CFDs and fees charged for integrations are major drawbacks. Overall, IG’s trading tools and market reach position it as a versatile and reputable choice for a wide range of traders. The platform is great, super fast to load, great UI, and most importantly direct market access that other brokers don’t have. This would have been a clear 5 star review but customer service is appealing. The people they employ in India are the most low IQ and arrogant individuals I have ever come across. Another sad case of outsourcing in a penny wise, pound foolish fashion.
These include Self-Invested Personal Pension (SIPP) accounts, share dealing ISAs for tax-efficient investing, and regular share dealing accounts for trading stocks and ETFs. Each account type comes with its own features and benefits tailored to specific goals. Considering its diverse investment products and user-friendly platforms, IG presents an attractive proposition for both novice and seasoned traders. IG ensures clients’ funds are maintained in segregated client bank accounts, providing a clear separation from its own assets.
Interactive Investor presents over 40,000 investment options, including shares, funds, investment trusts, and ETFs. Uninvested cash balances garner interest, ranging from 0.5% to 2% based on the account type and balance. With a rating of 3.9 out of 5, IG receives praise on Trustpilot for its user-friendly trading interface and extensive range of instruments, offering traders lots of options. Discovering a platform’s real-world performance and user experiences is crucial when evaluating its suitability. Let’s delve into the candid feedback and reviews from IG users across different platforms.
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To make matters worse, the commission charges have now disappeared from my transaction history without any explanation. This lack of transparency is unacceptable, and I’m sure are violating financial regulations and record keeping obligations 3. Account Closure Mistake and App Access IssuesI requested to close my MT4 account, but instead, my CFD account was closed. This mistake has caused unnecessary disruption to my trading activities.
IG doesn’t charge any account, withdrawal, or deposit fees, but two years of inactivity set you back £12. It grants a one-month free trial and remains free as long as you engage in a minimum of four trades per month. However, if your trading activity falls below this threshold, or if it’s of considerably low value, a £30 fee is incurred on the final day of each month. Here’s an overview of the features offered on the IG platform.
While you should consider these reviews as part of your research process, you shouldn’t make decisions based solely on them. For instance, if you encounter any user complaints, you might discuss them with the broker to verify if such issues exist. Additionally, you should review the broker’s policy and terms of service. Please be aware that due to the use of leverage, trading spread bets and CFDs can result in losing money rapidly. About 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. Past performance is not indicative of future results, and there is no guarantee that you will make profits or avoid losses.
Those who would like to trade shares without commissions. IG provides customer support between 8 am on Saturday and 10 pm on Friday on several channels. The Android app lets you enjoy full dealing functionality, including various risk management tools. The spreads you get on IG are pretty much within the industry average, and since there are low commissions on most assets, it’s expected that some trading costs have been built into the spreads. To create your customized portfolio, you’ll be asked a couple of questions to help IG determine your goals and investment targets.
This ensures that your money and assets, such as shares, remain distinct from the company’s resources, even in the event of IG’s insolvency. For over 45 years, IG Broker has been providing investment services and now has over 313,000+ clients worldwide who access 17,000+ financial markets globally. With a legacy dating back to 1974, the broker has sales offices in 17 countries across five continents and is regulated by multiple top-tier regulatory institutions. Customer satisfaction and reputation are crucial aspects when evaluating any investment platform, including IG Broker.
In this review, we will take an in-depth look at IG, exploring its features, pros, cons, and more. By reading this review, you will gain a better understanding of whether IG is the right broker for your trading needs and preferences. Yes, IG is regulated by respected financial authorities such as the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC) in Australia. These regulatory bodies ensure that the broker operates within legal and ethical frameworks, providing users with a trustworthy trading environment.