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IG provides access to National, International, and Corporate account types. No minimum deposit amount is required to register an IG live trading account.
| ? Broker | ? IG |
| ? Min. Deposit | $0 USD |
| ? Annual Charge | None |
| ? Inactivity Fee | Yes |
| ? Markets | 16000+ |
| ? Mobile Trading | Yes |
| ? Support | 24/7 |
| ? Open an Account | ? Click Here |
IG Account Types – 14 Key Point Quick Overview
- ✅ IG Overview
- ✅ IG Safety and Security
- ✅ IG Account Types
- ✅ IG CFD Account
- ✅ How to Open an IG Trading Account – A Step-by-Step Guide
- ✅ IG Islamic Account
- ✅ IG Demo Account
- ✅ IG Corporate Accounts
- ✅ IG Trading Platforms
- ✅ IG Range of Markets
- IG Customer Reviews
- IG Pros and Cons
- Conclusion
- Frequently Asked Questions
IG Overview
IG is a world-leading online trading provider that caters to both South African and International investors. IG, also known as IG Trading and IG Group, has a longstanding commitment to South Africa, and as of 2010 IG Markets South Africa Limited (IGMSA) has been regulated by the FSCA.
| ? Broker | ✅ IG Group |
| ? Trading Fee Class | Average |
| ? Inactivity Fee | ✔️ Yes |
| ? Minimum Deposit | $0 USD |
| ? Base currencies | 6 |
| ✅ Demo Accounts | ✔️ Yes |
| ? Products Offered | ETF, Forex, Options |
| ? Open an Account | ? Click Here |
IG Safety and Security
The IG Group is licensed and regulated by multiple trusted entities including:
- IG Markets Limited (IGM) and IG Index Limited (IGI), incorporated in England and Wales, are separately licensed as investment firms by the FCA.
- IG Europe GmbH (IGE) has a regulatory license from the German Federal Financial Supervisory Authority (BaFin) and Deutsche Bundesbank
- IG Bank SA (IGB) is authorized as a bank and securities dealer by the Swiss Financial Market Supervisory Authority (FINMA)
- IG Limited, incorporated in Dubai, is licensed by the Dubai Financial Services Authority (DFSA)
- IG Asia Pte Ltd (IGA) is regulated by the Monetary Authority of Singapore (MAS)
- IGM is regulated in Australia by the Australian Securities and Investments Commission (ASIC) under an Australian Financial Services Licence
- IG US LLC (IG US) is registered as a retail foreign exchange dealer (RFED) and introducing broker (IB) with the CFTC
- IG International Limited (IG INT) is licensed by the Bermuda Monetary Authority
IG Account Types
IG provides access to National, International, and Corporate account types. No minimum deposit amount is required to register an IG live trading account.
| ? Broker | ? IG |
| ? Min. Deposit | $0 USD |
| ? Annual Charge | None |
| ? Inactivity Fee | Yes |
| ? Markets | 16000+ |
| ? Mobile Trading | Yes |
| ? Support | 24/7 |
| ? Open an Account | ? Click Here |
IG CFD Account
No minimum deposit amount is required to register an IG CFD Account. IG CFD Account benefits include:
- Tight Spreads
- Low Commissions and Margins
- Superior Trading Platform
- Expert charting packages
- Free educational videos and resources
- Free data and research
IG CFD Account Overview
| ? IG Trading Account | ? CFD Account |
| ? Setup charge | No fee |
| ? Annual charge | No fee |
| ⛔ Inactivity fee | ✅ Yes |
| ? Account closure | No fee |
| ? Markets | 16,000+ global markets |
| ? Commission | Variable |
| ? Overnight funding | ✅ Yes |
| ? Margin/leverage | From 0.5% for forex, 5% for shares and margin factor for indices |
| ? Demo account | ✅ Yes |
| ? Open an Account | ? Click Here |
How to Open an IG Trading Account – A Step-by-Step Guide
1. Step 1: Create Live Account
Start the application by clicking on the green “Create Live Account” button located on the landing page or throughout the website in the header of the page.
2. Step 2: Registration Form
The applicant must start setup by supplying general information including a valid email address and country of residence.
3. Step 3: Complete Personal Information
The next step will need more personal information to be added, including the applicant’s direct contact details and identification number.
4. Step 4: Adress Details
The applicant must complete their address details to move on to the final steps of the registration process.
5. Step 5: Financial Information
The second last step is to complete Financial details, including the applicant’s annual income and employment history.
6. Step 6: Trading History
In the final step, Applicants must provide their trading history. Once this step has been completed, the application can be saved and closed.
IG Islamic Account
IG does not offer an Islamic swap-free trading account on any level. IG Markets does not offer Extended Swap-free status.
IG Demo Account
IG does offer 2 free demo trading accounts for beginners to practice forex trading in a 100% risk-free environment. The IG demo accounts expire after 30 days.
| ? IG Demo Accounts | ? Domestic Demo | ? International Demo |
| ? Virtual Funds | R1,000,000 ZAR | £10,000 |
| ? News Feeds & Live Updates | ✔️ Yes | ✔️ Yes |
| ? Compatibility | Windows, iOS, Android | Windows, iOS, Android |
| ☑️ Educational Content | ✔️ Yes | ✔️ Yes |
| ✅ Markets | South African | International |
| Open a Demo Account | ? Click Here | ? Click Here |
IG Corporate Accounts
IG offers trading solutions for institutional and retail corporate clients. These account options are based on powerful technology, a massive range of tradeable markets, and dedicated user support.
| ✅ Institutional Groups included | ? Account Features |
| Regulated Entity | Professional Platforms |
| Bank or Brokerage Firm | Trading API’s |
| Investment Manager | 17,000+ Markets |
| Private Investment Office | Deep Liquidity |
| Professional trader | Dedicated Service |
| ? Open an Account | ? Click Here |
An IG Broker Retail Corporate Account is also made available for retail traders who wish to trade the markets through a corporate structure without being an institutional client.
IG Trading Platform
The IG Trading Platform is a proprietary trading platform that can be used to research, place, monitor, and edit trades. IG users can choose from a wide selection of platforms, including desktop platforms, trading apps, web-based platforms, and third-party programs including MT4, ProRealTime, and APIs. However, the IG proprietary Trading Platform remains the top choice. The IG Trading Platform includes an easy-to-use deal-ticket, smart charts, News and Analysis, IG Live, Alerts, Signals, and a Customisation Option.
IG Range of Markets
IG Markets to trade include over 17’000 markets including Indices, Forex, Shares, Commodities, and, much more.
IG Customer Reviews
IG Trading
The IG Trading platform is above and beyond excellent! – Jennifer
Excellent Support
IG Markets offers excellent support. – Troy
Happy Client
From an affiliate point of you, IG Group is a great investment. – Lisa
IG Pros and Cons
| ✔️ Pros | ❌ Cons |
| Excellent Web-Trading Platform | High Forex and Stock CFD Fees |
| Excellent Educational Tools | Limited Product Portfolio |
| Great Deposit and Withdrawal options | Slow Customer Support |
| ? Open an Account | ? Click Here |
Conclusion
Overall, IG provides access to National, International, and Corporate account types.
You might also like: IG Review
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Frequently Asked Questions
Does IG Group offer a CFD trading account?
Yes, this is the standard account type offered by IG and is suitable for most traders. With a CFD trading account, clients can trade on over 17,000 markets, including shares, forex, indices, commodities, and cryptocurrencies. This account type offers access to advanced trading tools and features, such as charting, technical analysis, and risk management tools.
What are the benefits of selecting an IG CFD Account?
IG CFD Account benefits include tight spreads and expert charting packages.
Does IG offer a Spread Betting Account?
Yes, but the spread betting account option is only available to clients in the UK and Ireland. Spread betting is a tax-free way to trade on the price movements of financial markets. This account type offers access to the same range of markets as the CFD trading account, but the trading platform is specifically designed for spread betting.
What is the IG Share dealing account and for whom is it best suited?
This account type is suitable for clients who want to invest in shares directly. With the share dealing account clients can buy and sell shares and can also invest in ETFs, investment trusts, and bonds. This account type offers access to a range of research and analysis tools, including company news, financial statements, and earnings reports.
Do I pay an annual fee on IG trading accounts?
No. IG does not charge an annual account fee.
Featured SA Shares Writer and Forex Analyst.
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