Clarytrade
23 brokers indexedcommission weighted 0%
Regulation check

Is IG regulated?

Our IG evidence log contains 9 regulatory records, with all 9 findings confirmed against regulator-authored sources (last read 2026-09-23). Records can include historical corrections and limited-scope authorisations; they are not a count of current trading licences. That includes tier-1 oversight from FCA, BaFin, ASIC, FINMA, MAS and JFSA. Regulation is entity-specific: your protections depend on which IG legal entity onboards you, not on the brand.

9/9 licences verified on registerLast register read 2026-09-23
IG logo
IG
FCA (Tier 1) · BaFin (Tier 1) · ASIC (Tier 1) · FINMA (Tier 1) · MAS (Tier 1) · JFSA (Tier 1) · DFSA (Tier 2) · BMA (Offshore)
Regulation score
High 90/100

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

Evidence

Licence records and findings from the registers

Verified means we read the stated finding in a regulator-authored source. Where no number is published, only the entity is confirmed. Historical records do not establish current authorisation.

Legal entityRegulatorLicenceOur checkRegister
IG Markets LimitedFCA
United Kingdom · Tier 1
195355Verified on register
checked 2026-09-09
Source
IG Index LimitedFCA
United Kingdom · Tier 1
114059Verified on register
checked 2026-09-09
Source
IG Europe GmbHBaFin
Germany · Tier 1
148759Verified on register
checked 2026-08-25
Source
IG Australia Pty LtdASIC
Australia · Tier 1
515106Verified on register
checked 2026-09-23
Source
IG Bank S.A.FINMA
Switzerland · Tier 1
no number published by this registerEntity verified
checked 2026-08-25
Source
IG Asia Pte LtdMAS
Singapore · Tier 1
no number published by this registerEntity verified
checked 2026-08-25
Source
IG LimitedDFSA
Dubai · Tier 2
F001780Verified on register
checked 2026-09-23
Source
IG International LtdBMA
Bermuda · Offshore
no number published by this registerEntity verified
checked 2026-09-23
Source
IG Securities LtdJFSA
Japan · Tier 1
Kanto (Kinsho) No. 255Verified on register
checked 2026-09-23
Source

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 515106: Historical correction: AFSL 220440 (IG Markets Limited) was read as Ceased on 15 September; it was incorrectly presented as the current Australian licence. Read first-hand on 23 September 2026 in ASIC's regulator-authored AFS licensee dataset, extract dated 17 September 2026 at 07:52: IG AUSTRALIA PTY LTD, AFSL 515106, ABN 93 096 585 410, commenced 2 June 2020. This is verification against the dated official extract, not a live status assertion for 23 September. IG's current Australian website identifies IG Australia Pty Ltd with AFSL 515106 and the same ABN.
  • 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: Read first-hand on the DFSA public register on 23 September 2026: IG Limited, reference F001780. Licensed 10 June 2015; retail-client and client-asset endorsements, arranging, matched-principal dealing and custody permissions.
  • BMA : Entity-only confirmation, read first-hand on 23 September 2026: IG International Limited appears under Investment Business: Licensed Entities, effective 18 February 2020. Permitted to deal, arrange, safeguard and administer investments; not permitted to manage investments or provide investment advice. No investment-business licence number is displayed. The separate digital-assets entry publishes registration 54814; that number is not substituted for the investment-business authorisation.
  • JFSA Kanto (Kinsho) No. 255: Read first-hand on 23 September 2026 in the Japanese FSA financial-instruments business operators list linked from its official licence index (list as at 31 August 2026), page 19: IG Securities Limited (IG証券株式会社), Kanto Local Finance Bureau (Kinsho) No. 255, registered 30 September 2007, corporate number 9010401051715. This is the Japanese FSA, not the Seychelles FSA.
Entity check

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 entityRegulatorTypically onboardsCompensationLeverage
IG Markets Limited
United Kingdom
FCA (Tier 1)GBFSCS — 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, NONone identifiedRetail CFD leverage capped at 30:1 (ESMA-derived rules).
IG Bank S.A.
Switzerland
FINMA (Tier 1)CHNone identifiedSee terms
IG Australia Pty Ltd
Australia
ASIC (Tier 1)AUNone identifiedRetail CFD leverage capped at 30:1 (ASIC product intervention).
IG Asia Pte Ltd
Singapore
MAS (Tier 1)SGNone identifiedSee terms
IG International Limited
Bermuda
BMA (Offshore)Verify at signupNone identifiedSee terms

Resolve the likely entity for your country with the entity checker, then confirm the entity named on your client agreement before you deposit.

Protections

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 schemeFSCS 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 entityVaries by entity
Track record

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 warning list

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.

Corrections

What we got wrong about IG, and fixed

Every correction stays public. It is the clearest evidence that these numbers are checked rather than copied.

  • Stale statusASIC · corrected 2026-09-23

    Had: ASIC AFSL 220440 (IG Markets Limited) presented as IG's current Australian licence

    Register shows: Ceased AFSL 220440 has been replaced by IG Australia Pty Ltd, AFSL 515106, confirmed in ASIC's 17 September 2026 extract and IG's Australian disclosure (read 23 September)

All corrections across the database are analysed in the licence-confusions study.

Do it yourself

Verify these licences in five minutes

Never take a licence claim from a broker page, or from us, without reading the register.

  1. 1. Note the exact legal entity and licence number from the table above, or from the client agreement you would sign.
  2. 2.Open the regulator's own register from the links below, never from a link the broker hands you, and search that number.
  3. 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?

Our IG evidence log contains 9 regulatory records, with all 9 findings confirmed against regulator-authored sources (last read 2026-09-23). Records can include historical corrections and limited-scope authorisations; they are not a count of current trading licences. That includes tier-1 oversight from FCA, BaFin, ASIC, FINMA, MAS and JFSA. 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?

IG Europe GmbH is recorded with BaFin licence 148759 (Germany, tier-1). Our check: verified on the register, last read 2026-08-25.

Is IG regulated by ASIC?

IG Australia Pty Ltd is recorded with ASIC licence 515106 (Australia, tier-1). Our check: verified on the register, last read 2026-09-23.

Is IG regulated by FINMA?

Yes. IG Bank S.A. is listed by the FINMA (Switzerland, tier-1); no licence number was independently confirmed in this record, so the entity is what we verify. Our check: verified on the register, last read 2026-08-25.

Is IG regulated by MAS?

Yes. IG Asia Pte Ltd is listed by the MAS (Singapore, tier-1); no licence number was independently confirmed in this record, so the entity is what we verify. Our check: verified on the register, last read 2026-08-25.

Is IG regulated by JFSA?

IG Securities Ltd is recorded with JFSA licence Kanto (Kinsho) No. 255 (Japan, tier-1). Our check: verified on the register, last read 2026-09-23.

Is IG regulated by DFSA?

IG Limited is recorded with DFSA licence F001780 (Dubai, tier-2). Our check: verified on the register, last read 2026-09-23.

Is IG regulated by BMA?

Yes. IG International Ltd is listed by the BMA (Bermuda, offshore); no licence number was independently confirmed in this record, so the entity is what we verify. Our check: verified on the register, last read 2026-09-23.

Which IG entity would I be onboarded by?

Our map lists 6 IG legal entities (United Kingdom, Germany (EU/EEA), Switzerland, Australia, Singapore and Bermuda). A listing does not establish retail account availability: consultation or introduction entities and institutional-only firms are not retail trading-account routes. Which company applies depends on your country and client agreement. Use the entity checker for the likely match, then confirm it 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.

Risk warning. CFDs and leveraged products are complex and high-risk. In the broker disclosures we track, 65% to 81% of retail investor accounts lose money trading CFDs (figures by entity, read September 2026). Whether losses can exceed your deposit depends on the entity that onboards you: negative-balance protection is mandatory for retail clients under FCA, ESMA and ASIC rules, not at every offshore entity. Only trade with money you can afford to lose.

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.