IG Review Summary
IG is one of the most established UK brokers, known for its advanced trading tools, spread betting services and CFD access. Founded in the UK and regulated by the Financial Conduct Authority (FCA), IG serves both retail and professional traders.
It is particularly popular among experienced traders who require advanced charting tools, direct market access (DMA) and leverage products.
Pros
✓ Advanced charting tools
✓ Spread betting & CFD trading
✓ Direct market access (DMA)
✓ FCA regulated
✓ Stocks & Shares ISA available
Cons
✘ Not beginner-friendly
✘ Higher trading costs than commission-free apps
✘ Complexity may overwhelm new investors
IG Fees Breakdown
IG operates on a mixed pricing model depending on the account type.
For share dealing accounts, commission typically starts from around £8 per trade in the UK, with lower rates available for active traders.
For CFD and spread betting accounts, pricing is primarily spread-based. Instead of charging commission, IG makes money from the spread between buy and sell prices.
Additional costs may include:
- FX conversion fees when trading non-GBP assets
- Overnight financing charges on leveraged CFD positions
- Guaranteed stop premiums (if used)
Compared to commission-free platforms like Trading 212, IG is generally more expensive — but offers more advanced tools and professional features.
ISA Details
IG offers a Stocks & Shares ISA for UK residents.
This allows investors to invest up to the annual ISA allowance (£20,000 per tax year) without paying capital gains tax or dividend tax.
The ISA account can hold UK shares, international shares and ETFs.
However, leveraged products such as CFDs and spread betting are not permitted within the ISA account.
This makes IG’s ISA suitable for long-term investors who want tax efficiency but still value advanced tools.
IG Platform & Tools
IG’s platform is designed for active and experienced traders.
Key features include:
- Advanced charting tools
- Multiple order types
- Price alerts
- Level 2 market data
- Risk management tools
The mobile app is functional and powerful, though it may feel complex compared to beginner-focused apps.
Traders who require professional-grade tools will likely appreciate IG’s depth of features.
Is IG Safe?
Yes — IG is regulated by the Financial Conduct Authority (FCA) in the UK.
Client funds are held separately from company funds. Eligible investors are protected under the Financial Services Compensation Scheme (FSCS), subject to limits.
As one of the longest-standing brokers in the UK, IG has a strong regulatory and operational track record.
IG Account Types
IG offers multiple account options:
• Share Dealing Account
• CFD Trading Account
• Spread Betting Account
• Professional Account (for eligible traders)
• Stocks & Shares ISA
Share dealing and ISA accounts are suitable for investors.
CFD and spread betting accounts are more appropriate for experienced traders who understand leverage and risk management.
IG vs Trading 212
When comparing IG vs Trading 212, the main difference lies in complexity and pricing structure.
Trading 212 is more beginner-friendly and offers commission-free investing.
IG, however, provides advanced tools, spread betting access and direct market access.
If you are a long-term ISA investor, Trading 212 may be sufficient.
If you are an active trader requiring advanced functionality, IG is likely the stronger option.
If you are intested to understan more about Trade 212, here is our honest review for Trading 212.
Final Verdict – Is IG Worth It?
IG is best suited for experienced UK traders who require advanced tools, spread betting or CFD access.
While it is more expensive than commission-free platforms, it offers significantly more functionality and flexibility.
For beginners seeking simplicity and low cost, alternatives like Trading 212 may be better.
However, for active traders prioritising professional trading tools, IG remains one of the strongest choices in the UK market.