FSA and ASIC
IG Markets Review
IG Markets in my opinion, are the initiators of binary options trading. Operating in various countries around the world, IG is the trade name owned by IG Markets Ltd with their main headquarters located in London. But, as I stated, they operate in many offices around the world.
I am going to explain more about IG Markets in this review. I will tell you about the company’s history, their terms and conditions including withdrawals. I will also tell you if IG Markets offers a demo account and mobile trading.
Lastly, I will give my opinion if IG Markets is a scam.Visit Website
- Licensed and regulated in various locations
- Offers a full range of financial trading formats>
- System can be complicated
IG Deposit & Withdrawal Methods
- Company:IG Markets Ltd
- License:FSA & ASIC and more
- Minimum Deposit:$200
- Minimum Withdrawal:
- Returns: 90%
- Minimum Trade:
- Demo Credits:
- High/Low, Pairs, One Touch, Ladder, Forex
- 30 sec, 60 sec, 90 sec, 2 min, 5 min, 15 min, 30 min, 45 min, 1 hour, End Of Day
- iPhone, iPad, Android
About IG Markets
IG Markets offers financial traders a full suite of trading resources. They are not just a binary options broker, IG is well known in both Forex brokering, and even more so in CFDs (Contracts for Difference).
IG uses a proprietary trading platform that, for rookie binary options traders, can seem over-whelming and quite difficult. While this may seem bad, many of us see it as a good sign. The system is well managed and provides traders all the resources they could possibly want or need to make informed and wise financial trading decisions.
Signals from the many trading possibilities are given in split seconds, whereas other providers are lagging in time. Also, IG Markets is directly affiliated and tied in with the United State’s regulated binary options broker, NADEX.
IG Markets History
IG Markets began operations in 1974 as IG Index. Their first financial trading system was a means for investors to speculate on the price of gold.
In terms of binary options trading, IG was one of the initiators in what is termed as Financial Spread Betting, which is essentially, the same as binary options trading. Because of this, binary options is actually considered gambling, and IG Index has a gambling license from the UK Gambling Commission. For other financial trading, they are licensed and regulated by the Financial Conduct Authority in the UK along with the Australian Securities and Investment Commission. IG is also regulated by nearly every financial authority in the countries they operate in.
IG Markets Terms and Conditions
IG Markets abides by all legalities no matter where they are operating. Traders must be of legal age, and IG operates strictly on anti-money laundering policies.
It is wise to scroll down to the footer of the IG Markets website and click the term and conditions link. Here, you can research their complete terms before you create an account with this broker.
IG Markets Withdrawal Terms and Conditions
Normally, I also add bonus terms here, but IG Markets does not offer bonuses.
As for withdrawals, they are processed within 3 working days of receiving the request. Investors should have provided compliance documents at the time of depositing. These will include a photo id and a proof of residence such as a bank statement or utility bill.
Withdrawals are normally processed back to the credit or debit card used to deposit. I did not find any major withdrawal complaints against this veteran financial broker.
IG Markets Demo Account
IG Markets does offer a free demo account so traders can adapt to the trading system used at IG Markets. It is recommended that you utilize this feature before risking your money.
IG Markets Mobile
IG does offer a great mobile trading application with nearly all the features that the normal website offers. You can use their services from your smartphone or tablet by getting the application from the Apple App Store or the Google Playstore.
IG Markets Scam Watch
There is not one item that would have me assuming that IG Markets is a scam. Being in operation since 1974, and having regulation in multiple countries shows me that IG Markets is a reputable trading location.
Whether you are trading in CFDs, binary options or long term stocks and bonds, I would highly recommend the IG Markets system. I also believe that it is wise that you start with a demo account, because the trading platform is complicated, but once you learn it, it can be a profitable place to trade.
Do know that trading in CFDs can mean a loss greater than your account balance, so trade with wisdom.