Large company with sound financial backing, a major league player in the leveraged markets of CFD's and Spreadbetting. Reasonable quick to pay out from clients accounts to their bank account. Very wide range of instruments to trade from FX, UK, USA and European equities, sectors, commodities etc. IG's standard charts are poor. You can pay extra (£35 month) for advanced charts that are a little better. If you trade regularly they will discount this. Clients must realise that if you use more than 50% of your account balance you run the risk of IG closing out your trades. By comparison City Index allows you to use up to 80% and FXCM almost all of your account. Platform reliability could be improved. Recently their platform for both CFD's an SB has fallen over being down for a few hours preventing clients from opening or closing trades. Their IT seems dated and rickety. Standard charts sometimes show prices differently to the open ticket prices although they sometimes warn you by displaying this on the chart. Just check before accepting the ticket price. There can sometimes be as much as 10 points difference. There data feed can be slow. I've compared IG's spot prices with live streaming prices and they can be up to 20 sec difference, this could be to you advantage or otherwise, you decide. Don't forget all of these SB and CFD companies are your counter parties, that is when you win they lose and vice versa. Read all of the Terms and Conditions before trading even though there up to 50 pages long. Don't overtrade, keep to your stategy. IG is basically a sound company but in my opinion their platform performance compared to their competition is poor.
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