Info

Name IG Index
Website igindex.co.uk
Established 1974
Platform None
Country United Kingdom
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IG Index Review

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IG Index Review

IG Index is ranked #221 of 315 Forex Brokers.
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Info

Name IG Index
Website igindex.co.uk
Established 1974
Regulation None
Country United Kingdom

Advantages

Disadvantages

IG Index is a spread betting firm that allows online spread betting and Forex trading. IG Index is the first financial spread betting company, which was founded in the United Kingdom and now has offices in eleven countries internationally, including the United States, Australia, Italy, Germany and Japan. The site is designed for experienced financial spread betters, as well as newcomers, and offers educational resources for users to learn more about spread betting online, as well as several account options for users.
The IG Index site is easy to navigate and offers a comprehensive education section to teach new users about spread betting. The site covers the basics and explains what spread betting is and how it differs from trading equity or Forex directly. The site explains the process of spread betting through the use of a step-by-step example of spread bet transaction, compared to the cost of purchasing shares. IG Index explains that spread betting is a high risk/high reward investment, and offers protection plans for its clients in case the market works against them. Finally, the site gives answers to frequently asked questions, and provides a glossary and handbook to guide users through spread betting.
IG Index offers several types of accounts. IG Index offers two main types of accounts: a Plus Account and Limited Risk Account. Plus account holders have access to more betting options with the potential to earn more money with each bet, but do not have protection against a negative account. This account type is more suited to seasoned spread betters. Limited risk accounts, designed for newer spread betters, have access to fewer betting opportunities, but know in advance the maximum they can potentially lose, and are protected from a negative balance. Application for both accounts can be done online, and IG Index offers 24 hour phone and email support for clients.

Review info: IG Index
Review Date:
Rating : 2.5
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