Clarytrade
23 brokers indexedcommission weighted 0%
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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IG logo
Medium riskStronger profile

IG broker scan

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Regulation, real cost, withdrawal friction and red flags to check before you deposit. London, UK · founded 1974.

FCABaFinASIC+5EU
0
Scan score
85/100
Commission weighted 0%
Main caution: Leveraged CFDs — most retail accounts lose money; without negative-balance protection, losses can exceed your deposit.
Best for
Huge market range
Not ideal for
MT5 users

Availability varies by country and entity (not offered in US, BE, CA, ZA, RU, IR, KP, SY, CU, SD) — confirm before opening an account.

Research profile — we don't have a tracked partner link for IG yet. Verify availability and regulation directly before depositing.

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We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

Bottom line

IG has broad market coverage and a stronger regulatory profile than many CFD brokers, but it offers leveraged CFDs, where most retail accounts lose money, and some clients may be onboarded through an offshore entity with weaker protection. Before depositing, verify the exact legal entity, product access and withdrawal terms that apply to you — and it's worth comparing alternatives before you decide.

Worth comparing if
  • you prioritise regulation
  • you trade forex or CFDs
  • you care about cost transparency
  • you want clearer withdrawal terms
Check alternatives if
  • you want to own spot crypto, not crypto CFDs
  • you're unsure which legal entity would apply to you
  • you're outside its stronger-regulated regions
  • you want non-CFD / direct investing only
Founded
1974
HQ
London, UK
Min deposit
$250
Withdrawal
1–3 daysMethod-dependent

Research-based summary — informational only, not financial advice and not a safety guarantee. Verify directly before depositing.

Last updated September 2026·Spreads, fees and withdrawal times are typical/indicative and change with account type and market conditions — verify current terms with the broker before you deposit.·How we score

Check the account for your country

A brand-wide score does not establish your account terms. Bring the possible entity, source evidence and your cost assumptions into one report.

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Scan readout

Eight signals, scored the same way

Regulation confidence90

High confidence

Real trading cost74

Watch the all-in cost

Withdrawal friction80

Medium typical payouts

Platform fit90

IG Platform, ProRealTime

Product risk64

medium-risk product mix

Transparency88

Clearly disclosed

Reputation signals86

Complaints & track record

Country availability58

Varies by country

Safety

Regulation snapshot

Regulation confidenceHigh (90/100)
Regulators
FCA — United Kingdom, licence 195355 (Tier 1)Verified on registerchecked 2026-09-09
BaFin — Germany, licence 148759 (Tier 1)Verified on registerchecked 2026-08-25
ASIC — Australia, licence 515106 (Tier 1)Verified on registerchecked 2026-09-23
FINMA — Switzerland, entity on the register (no licence number published) (Tier 1)Verified on registerchecked 2026-08-25
MAS — Singapore, entity on the register (no licence number published) (Tier 1)Verified on registerchecked 2026-08-25
DFSA — Dubai, licence F001780 (Tier 2)Verified on registerchecked 2026-09-23
BMA — Bermuda, entity on the register (no licence number published) (Tier 3)Verified on registerchecked 2026-09-23
JFSA — Japan, licence Kanto (Kinsho) No. 255 (Tier 1)Verified on registerchecked 2026-09-23
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
Compensation schemeFSCS up to £85,000 (UK clients)
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 required/applicable by region

IG uses at least one offshore entity. The licence that protects your money is the one in your client agreement — not necessarily the headline badge. Check which entity onboards you.

Regulatory history (documented)
  • 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

Neutral, sourced notes only — not an accusation. We show documented regulatory history where we have an official source.

Source: our licence-evidence log — status shown per licenceVerify these licences on the official regulator register before depositing — how to check.

Is IG regulated? Full register check, entity by entity →

Withdrawal still under review after verification? Separate document checks, broker processing and payment arrival.

Entity check

Which entity could apply to you?

IG may onboard you through a different legal entity depending on your country — which can change your regulator and protection. Decode the entity that may apply before you deposit.

Check account entity
Cost

Real cost snapshot

All-in cost score74/100
Typical spreadSpreadThe gap between the buy (ask) and sell (bid) price. It's a core trading cost — tighter spreads are cheaper for you. (EUR/USD)from 0.6 pips
CommissionCommissionA flat per-trade fee, common on raw/ECN accounts that show tighter spreads. Always compare spread + commission together as the all-in cost.Spread only
Minimum deposit$250
Inactivity fee£12/month after 24 months of no trading
All-in cost index$$$·· (3/5)

Last updated September 2026·Spreads are typical published figures, not live quotes; fees can change by account type and region. Costs and charges may vary depending on the jurisdiction. — verify current terms with the broker before you deposit.·How we score

Getting paid out

Withdrawal check

Typical withdrawal speed 1–3 days (method-dependent) (Medium)
Deposit / withdrawal methodsCard, Bank transfer, PayPal
VerificationIdentity verification (KYC) required before the first withdrawal.
Account security2FA optional. Login protected; nothing documented at withdrawal.Per IG's own help centre, read 5 Sept 2026, second read. All brokers compared

Withdrawal rules can vary by entity, country and payment method — and regulated brokers usually return funds to your original deposit method first. Available payment methods may vary depending on your jurisdiction, and depending on the payment method, third-party or bank charges may apply. See how withdrawals work.

Risk

Product risk

This reflects the risk of the products offered (e.g. leveraged CFDs) — not the broker's trustworthiness. A lower-risk product label is not an endorsement of the broker.

Product risk levelModerate caution
CFD / leverage riskHigh
Max leverage (region-aware)Varies by entity globally; retail limits — UK: up to 30:1; EU: up to 30:1; Australia: up to 30:1. Lower limits apply to some instruments.
Crypto CFDsOffered via CFDs — you don't own the underlying coins.
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.

Every entity reports its own figure — compare all 24 we read first-hand.

Products shown are offered as CFDs unless otherwise stated. Crypto CFDs do not provide ownership of the underlying cryptoasset. Product availability varies by region.

Things to check

Red flags & what to verify

Neutral checks, not accusations. Confirm each one directly before funding an account.

No major red flags in our research — still verify directly

Want to recognise these yourself? Try the broker red-flag detector.

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A plain-English checklist for checking regulation, fees, withdrawal terms, leverage risk and red flags before you fund an account.

Educational checklist only — not investment advice and no trading signals. We store your email to send the checklist; no spam. See our privacy policy.

Compare

Alternatives to IG

Other regulated platforms worth scanning side by side, with the single strongest reason each could be a better fit.

XTB logo

Listed multi-asset broker with commission-free real stocks and a top platform.

0
Match
Medium riskHigh regulation

Why this fits: Lower cost vs IG. Scan it before you decide.

Real cost
$$···
Withdrawal
Same–next day
Min deposit
$0
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Checking availability…
IC Markets logo

High-volume raw-spread ECN broker popular with scalpers and EAs.

0
Match
Higher riskHigh regulation

Why this fits: Lower cost vs IG. Scan it before you decide.

Real cost
$····
Withdrawal
Same–next day
Min deposit
$200
Leveraged CFDs — most retail accounts lose money; without negative-balance protection, losses can exceed your deposit.
Checking availability…

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

FAQ

IG — common questions

Quick, research-based answers to what people check before depositing. Informational only — verify directly.

Is IG regulated?+

IG holds licences from FCA (United Kingdom), BaFin (Germany), ASIC (Australia), FINMA (Switzerland), MAS (Singapore), DFSA (Dubai), BMA (Bermuda), JFSA (Japan). We have checked 9 of its 9 licence records first-hand against regulator-authored sources. Client funds are held in segregated accounts, with FSCS up to £85,000 (UK clients). Regulation can differ by the entity that onboards you, and some clients are onboarded under an offshore entity with weaker protection. Always confirm the specific licence on the regulator's official register before depositing.

Is IG a scam, or is it legitimate?+

We don't label any broker "safe", but IG is a licensed operator with register-verified tier-1 oversight (FCA, BaFin, ASIC, FINMA, MAS, JFSA), not an anonymous one. The bigger risk is clone scams: fraudsters copy real brokers' names and websites. Reach IG only through its official domain, and verify the licence number on the regulator's own register.

Is IG available in my country?+

Availability — and the legal entity that onboards you — varies by country (IG does not accept US, BE, CA, ZA, RU, IR, KP, SY, CU, SD). The entity decides your regulator and protection. Use our entity decoder to see which entity may apply to you, and confirm it during signup.

What does it cost to trade with IG?+

Typical EUR/USD spread is from 0.6 pips (spread-only), with a $250 minimum deposit. Figures are indicative — confirm current pricing for your account type directly.

How long do withdrawals take at IG?+

Typical withdrawal time is 1–3 days (method-dependent). Actual speed depends on your payment method, identity verification (KYC) and the entity that holds your account. Regulated brokers usually return funds to your original deposit method first.

What leverage does IG offer, and is it risky?+

Maximum leverage is around Varies by entity on the global entity; retail limits — UK: up to 30:1; EU: up to 30:1; Australia: up to 30:1. Lower limits apply to some instruments. Leverage amplifies both gains and losses, and most retail CFD accounts lose money — only trade with money you can afford to lose.

Before you deposit

Before you deposit, compare IG against alternatives.

Informational scan — not a safety guarantee and not financial advice. Affiliate link; we may earn a commission, which never changes the scan score. Verify availability, fees and regulation directly before depositing.

Regulation & how to verify a licence →Compare platform costs →Full IG review →Broker red-flag detector →Practise in the simulator →Report an issue with IG →