Is IG A good broker for forex?
Rated our Best Forex Broker for U.S. Traders. IG offers clients access to a wide range of markets, superior research, and comprehensive client education. IG accepts U.S. clients, though only for forex, and is registered with the CFTC (U.S.), NFA (U.S.), and FCA (U.K.).
What does IG mean in broker?
The company was founded in 1974 by Stuart Wheeler as a spread betting business under the name IG Index (an abbreviation for Investors Gold Index) which allowed people to trade gold prices as an index instead of buying the physical commodity.
What is IG in forex?
IG Forex is a forex trading platform that lets you trade more than 80 currency pairs either on its proprietary platform or on MetaTrader 4. The broker boasts slightly lower spreads compared to other forex brokers, but some customers complain about frequent slippage.
Is IG broker safe?
IG is considered safe because it is listed on a stock exchange, discloses its financials and is overseen by top-tier regulators. Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider.