Is IG regulated?
Yes, IG holds 9 regulatory licences in our records, with 5 of its 9 licence records read first-hand on the regulators' own registers (last read 2026-09-09). That includes tier-1 oversight from FCA, BaFin, ASIC, FINMA and MAS. Regulation is entity-specific: your protections depend on which IG legal entity onboards you, not on the brand.
Last updated September 2026·Licence statuses reflect our most recent read of each register; regulators update registers daily — verify current terms with the broker before you deposit.·How we score
Every licence, with what we found on the register
We mark a licence verified only after reading it on the regulator's own register or in a regulator-authored publication. Everything else stays visibly open.
| Legal entity | Regulator | Licence | Our check | Register |
|---|---|---|---|---|
| IG Markets Limited | FCA United Kingdom · Tier 1 | 195355 | Verified on register checked 2026-09-09 | Source |
| IG Index Limited | FCA United Kingdom · Tier 1 | 114059 | Verified on register checked 2026-09-09 | Source |
| IG Europe GmbH | BaFin Germany · Tier 1 | 148759 | Verified on register checked 2026-08-25 | Source |
| IG Markets Limited (AU) | ASIC Australia · Tier 1 | 220440 | Pending — verify checked 2026-08-25 | No public register |
| IG Bank S.A. | FINMA Switzerland · Tier 1 | Verified on register checked 2026-08-25 | Source | |
| IG Asia Pte Ltd | MAS Switzerland · Tier 1 | Verified on register checked 2026-08-25 | Source | |
| IG Limited (DIFC) | DFSA Dubai · Tier 2 | F001780 | Pending — verify checked 2026-08-25 | Source |
| IG International Ltd | BMA Switzerland · Tier 1 | Pending — verify checked 2026-08-25 | No public register | |
| IG Securities Ltd | FSA Switzerland · Tier 1 | Pending — verify checked 2026-08-25 | No public register |
Notes from our checks
- FCA 195355: FRN and legal name read off an FCA-authored Direction PDF (17 Jan 2020 — a routine prudential rule modification, not a sanction) hosted on the register domain; the register app itself blocks automation. Re-read 2026-09-09 direct from the FCA Register API (Firm/195355): 'IG Markets Limited', status 'Authorised'.
- FCA 114059: Spread-betting entity; same FCA-authored Direction PDF names it with FRN 114059. Re-read 2026-09-09 direct from the FCA Register API (Firm/114059): 'IG INDEX LIMITED', status 'Authorised'.
- BaFin 148759: BaFin ID 148759 confirmed on BaFin's own 2021 warning notice (which flagged a third party misusing the ID) and corroborated by AMF France's own whitelist (MiCA passporting, Dec 2025). BaFin's register portal itself would not render to automation.
- ASIC 220440: AFSL number appears on an IG-authored letter hosted on download.asic.gov.au — broker-authored ≠ regulator-authored, so this stays pending (same bar that rejected similar letterheads in the Aug-2026 evidence sweep). ASIC Connect blocks automation.
- FINMA : Confirmed via FINMA-authored documents; FINMA's register lists authorised institutions by name without public licence numbers.
- MAS : Read live on MAS's Financial Institutions Directory — one of the few registers that renders to automation.
- DFSA F001780: DFSA register 403s automation; reference F001780 from search-indexed register content.
- BMA : Bermuda Monetary Authority entity serving rest-of-world retail; the BMA's public register could not be located/queried this pass — licence description is IG's own disclosure.
- FSA : Japan entity; not yet located on the FSA/Kanto Local Finance Bureau registered-operator list — manual check outstanding.
Which IG entity would onboard you?
The brand is not the counterparty. The legal entity on your client agreement sets your regulator, compensation cover, leverage cap and terms.
| Legal entity | Regulator | Typically onboards | Compensation | Leverage |
|---|---|---|---|---|
| IG Markets Limited United Kingdom | FCA (Tier 1) | GB | FSCS — up to £85,000 if the firm fails (not for trading losses) | Retail CFD leverage capped at 30:1 (FCA rules). |
| IG Europe GmbH Germany (EU/EEA) | BaFin (Tier 1) | IE, DE, FR, ES, IT, NL, BE, AT, PT, PL, SE, DK, FI, GR, CZ, HU, RO, BG, HR, SK, SI, EE, LV, LT, LU, MT, CY, IS, LI, NO | None identified | Retail CFD leverage capped at 30:1 (ESMA-derived rules). |
| IG Bank S.A. Switzerland | FINMA (Tier 1) | CH | None identified | See terms |
| IG Markets Limited (AFSL 220440) Australia | ASIC (Tier 1) | AU | None identified | Retail CFD leverage capped at 30:1 (ASIC product intervention). |
| IG Asia Pte Ltd Singapore | MAS (Tier 1) | SG | None identified | See terms |
| IG International Limited Bermuda | BMA (Offshore) | Verify at signup | None identified | See terms |
Resolve the likely entity for your country with the entity checker, then confirm the entity named on your client agreement before you deposit.
What the licences actually give you
Three protections worth checking by name. Any of them can be missing even when a broker is licensed somewhere.
| Compensation scheme | FSCS up to £85,000 (UK clients) |
| Segregated client fundsSegregated fundsClient money held in bank accounts kept separate from the broker's own funds, so it isn't used to run the business and is easier to return if the firm fails. | Yes, per the broker's disclosures |
| Negative-balance protectionNegative-balance protectionA safeguard that stops your account going below zero, so you can't end up owing the broker more than you deposited. Mandatory for retail clients in some regions. | Yes, for retail clients where the regulator requires it |
| UK entity (retail) | 30:1 |
| EU entity (retail) | 30:1 |
| Australian entity (retail) | 30:1 |
| International / offshore entity | Varies by entity |
Regulator actions and notices on record
Stated neutrally, each with its official source. We never publish an unsourced regulatory-history claim.
- 2025-06·FSCA (South Africa)
IG closed its onshore South African business (IG Markets South Africa, FSP 41393) in 2025, per industry reports citing the FSCA. Background: the FSCA declined IG's 2019 application for authorisation as an OTC derivative provider; IG contested the position and operated under a temporary exemption (existing clients only) from 2021 until the closure. A business outcome, not a fine — verify current status with the FSCA.
Official source - 2023-06·FCA (United Kingdom)
FCA clone-firm warning about 'ICT Market 24', an unauthorised operation impersonating the genuine FCA-authorised IG Markets Limited (FRN 195355) — a warning about impersonators, not an action against IG. An earlier clone ('Wig Markets') was flagged in 2018/2020.
Official source
FCA warnings naming IG
Read weekly from the FCA's own pages. A clone warning names the genuine firm being impersonated and protects it; an unauthorised-firm warning says the brand is not authorised for UK business.
- 2023-11-13·Clone of the genuine firm
ICT Market 24 / ictmarket24.com (Clone of FCA Authorised Firm)
Fraudsters are using the details of an FCA-authorised firm (IG Markets Limited) to target people in the UK. Matched on the genuine firm's FRN 195355.
FCA page - 2018-10-19·Clone of the genuine firm
Wig Markets (Clone) (clone of FCA authorised firm)
Fraudsters are using the details of an FCA-authorised firm (IG Markets Limited) to target people in the UK. Matched on the genuine firm's FRN 195355.
FCA page
Verify these licences in five minutes
Never take a licence claim from a broker page, or from us, without reading the register.
- 1. Note the exact legal entity and licence number from the table above, or from the client agreement you would sign.
- 2.Open the regulator's own register from the links below, never from a link the broker hands you, and search that number.
- 3. Match the entity name and number exactly, check the status is active or authorised, and look for a clone-firm warning naming the brand.
IG regulation: common questions
Is IG regulated?
Yes, IG holds 9 regulatory licences in our records, with 5 of its 9 licence records read first-hand on the regulators' own registers (last read 2026-09-09). That includes tier-1 oversight from FCA, BaFin, ASIC, FINMA and MAS. Regulation is entity-specific: your protections depend on which IG legal entity onboards you, not on the brand.
Is IG regulated by the FCA?
Yes. IG Markets Limited holds FCA reference 195355. Our check: verified on the register, last read 2026-09-09. Only clients onboarded by that UK entity get FCA protections such as FSCS cover; other IG entities do not carry them.
Is IG regulated by BaFin?
Yes. IG Europe GmbH holds BaFin licence 148759 (Germany, tier-1). Our check: verified on the register, last read 2026-08-25.
Is IG regulated by ASIC?
Yes. IG Markets Limited (AU) holds ASIC licence 220440 (Australia, tier-1). Our check: pending a register read, last read 2026-08-25.
Is IG regulated by FINMA?
Yes. IG Bank S.A. holds FINMA licence (Switzerland, tier-1). Our check: verified on the register, last read 2026-08-25.
Is IG regulated by MAS?
Yes. IG Asia Pte Ltd holds MAS licence (Singapore, tier-1). Our check: verified on the register, last read 2026-08-25.
Is IG regulated by DFSA?
Yes. IG Limited (DIFC) holds DFSA licence F001780 (Dubai, tier-2). Our check: pending a register read, last read 2026-08-25.
Is IG regulated by BMA?
Yes. IG International Ltd holds BMA licence (Bermuda, offshore). Our check: pending a register read, last read 2026-08-25.
Which IG entity would I be onboarded by?
IG onboards clients through 6 legal entities in our map (United Kingdom, Germany (EU/EEA), Switzerland, Australia, Singapore and Bermuda). Which one applies depends on your country of residence and is named on your client agreement at signup. Use the entity checker to see the likely match for your country, then confirm it on the agreement before depositing.
Does IG have investor compensation?
FSCS up to £85,000 (UK clients). Compensation schemes pay out only if the firm itself fails and cannot return client money; they never cover trading losses, and they apply only to clients of the specific licensed entity, not to every IG client worldwide.
Has the FCA published a warning naming IG?
Yes. 2 FCA clone-firm warnings name IG's genuine authorised entity as the firm being impersonated, most recently on 2023-11-13 — a warning about fraudsters, not about IG. Each warning is listed on this page with a link to the FCA's own text.
Has IG been fined or warned by a regulator?
Our log holds 2 sourced regulator notes for IG, the most recent dated 2025-06 (FSCA (South Africa)). Each is listed on this page with a link to the official source.
Next step
The full research file on IG covers real costs and withdrawal friction alongside this regulation evidence, or compare it with alternatives available in your country.
Related
Informational research only, not financial advice. Regulatory status changes; verify directly on the official registers before depositing. Being licensed is not the same as being suitable for you, and no licence protects against trading losses.