IG Markets review
IG Markets is the one stop destination for all those traders who want to start off successfully with their trading careers. This UK based Forex brokerage firm is counted amongst the most reliable and top Forex brokers available in the world. It is regulated by the FSA and the London Stock Exchange. Both of these institutions ensure that the trader’s money is secured and protected against money laundering scams. IG Markets explains and helps trader to get the best out of their financial spread betting and trading of the margined category. IG Markets provides its clientele with a comprehensive knowledge of the ups and downs of the trading world. It is an ideal platform for novice traders and beginners to begin their trading careers with. Also it is a very ideal trading firm for veteran traders to invest their money in and monetize on the hunches they have in accordance with the trends prevalent in the stock market.
IG Markets offers their customers opportunity to trade in CFDs, Forex exchange. The categories for trade provided by IG Markets to their clients include namely; Oil and Gold trading brokers, Institutional Forex brokers, MoneyBookers Forex brokers and last but not the least the Forex brokers with web platform.
The types of accounts offered at IG Markets are dichotomized into two categories. These are for novice or beginner traders and also for the professional veteran traders. The first account type is the Plus account type. This is suitable for all starters in the trading world. This account type works on the one click dealing system and provides trading facilities for traders with fast response time. The traders holding the Plus account also receive information about financial spread betting with PureDeals. Also it provides technically advanced trading tools namely the Trailing shops and the Deal Through charts facilities. Another account type the beginner traders are offered is the Limited Risk account. This account is ideal if you want to stay cautious while trading. This account type ensures that traders do not end up losing more amount than they invested. This is done through the account’s stop order features. For trading with this account however extra payment is required for spreads that will be utilized during the stop order.
IG Markets offer a web based trading platform – see a list of non Metatrader Forex Brokers. This ensures that the traders can access their trading accounts from anywhere in the world with an internet connection. IG Markets is a very solid company as far as Forex, metals and CFD’s trading is concerned. Although unlike other Forex brokers in the market, IG Markets does not offer the MetaTrader 4 platform, its web based trading platform is ideal for all.
The minimum account deposit required for maintaining an account with IG Markets is $200. The minimum position size offered to all customers is of 0.1 lot. Spreads are low and start from 3.0 pips with an average for trading in USD and EUR. Payments, withdrawals and deposits are also very easy with IG Markets. These can be done via MoneyBookers, wire transfers, cheques and credit cards.