IG review
IG INDEX LIMITED · Companies House 01190902 · established in 1974
Authorised by the FCAFRN 114059on the register since 1 Dec 2001no clone firms on the register
This IG review gives you the facts about a UK broker established in 1974. The broker has 2 FCA regulated firms: IG Markets Limited, which has FRN 195355 for CFDs, and IG Index Limited, which has FRN 114059 for spread betting. For IG, 70% of retail accounts lose money. The FCA register lists 2 clone firms that copy IG Markets Limited.
- Regulatory status
- Authorised, FRN 114059
- Loss-making retail accounts
- 70% (read on 2 Nov 2026)
- EUR/USD: minimum spread
- 0.6 points
- Smallest deposit
- £250
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Among retail investor accounts using this provider for spread bets and CFDs, 70% lose money. Consider whether you understand how spread betting and CFDs work. Also consider whether you can afford to take a high risk of losing your money.
ig.com carries IG's own wording, read 2 Nov 2026.
How IG compares on loss rate with the wider field
Where IG stands on the FCA register
Since 1 Dec 2001, the FCA, FRN 114059, has authorised IG INDEX LIMITED, which holds client money.
| Firm | IG INDEX LIMITED |
|---|---|
| FRN | 114059 |
| Status | Authorised |
| Authorised since | 1 Dec 2001 |
| Companies House | 01190902 |
| Address on the register | 88 Wood Street, City Of London (London), EC2V 7DA, UNITED KINGDOM |
| Website on the register | http://www.ig.com/ |
Other IG firms on the register
- With FRN 195355, IG Markets Limited has been authorised since 1 Dec 2001.
Clone firms on the register
No clone firms are listed for IG INDEX LIMITED on the FCA register.
Check that you are on the genuine website
The register lists www.ig.com as IG INDEX LIMITED's website. Enter the address yourself instead of using a link in an advert, email or message, then confirm FRN 114059 in the register listing.
FCA Financial Services Register, read 2 Nov 2026.
What IG charges in spreads and commission
For spread bets, the cost comes only from the spread, which is the difference between the buying and selling prices. For CFD accounts, forex, indices and commodities use spreads, while UK and Euro shares carry 0.10% commission. US shares carry a commission of 2 cents per share.
| Market | Account | As stated | Spread |
|---|---|---|---|
| EUR/USD | Spread betting | Minimum | 0.6 points |
| GBP/USD | Spread betting | Minimum | 0.9 points |
| FTSE 100 | Spread betting | Minimum | 1 points |
| Spot Gold | Spread betting | Minimum | 0.3 points |
Account types
| Spread betting account | spread only; no commission |
|---|---|
| CFD account | Indices, commodities and forex use spreads; shares have commissions of UK 0.10%, Euro 0.10% and US 2 cents/share. |
Read 2 Nov 2026. Source: ig.com/uk/charges.
Other fees
| Inactivity | Free (as stated on spread betting/CFD charges tab) |
|---|---|
| Currency conversion | A 0.8% fee applies when you trade in a currency other than your account's base currency. |
| Deposits | free (bank transfer, debit card, credit card) |
| Withdrawals | free |
Read 2 Nov 2026. Source: ig.com/uk/charges.
Deposits and withdrawals
| Minimum deposit | £250. UK column of IG international offering table |
|---|---|
| Ways to deposit | Bank transfer, Debit card, Credit card |
| Ways to withdraw | Bank transfer, Debit card, Credit card |
Source: ig.com/uk/about-us/international-offering, read 2 Nov 2026; ig.com/uk/charges, read 2 Nov 2026
Products, markets and leverage
| CFDs | Yes |
|---|---|
| Spread betting | Yes |
| Share dealing | Yes |
| Markets | 16,000 markets |
| Retail leverage | up to 30x leverage on selected markets |
Source: ig.com/uk/about-us/international-offering, read 2 Nov 2026; ig.com/uk/spread-betting, read 2 Nov 2026
IG trading platforms
| MetaTrader 4 | Yes |
|---|---|
| MetaTrader 5 | Yes |
| TradingView | Yes |
| Own platform | Options include IG online trading platform and mobile app, plus L2 Dealer, ProRealTime and tastytrade platform for US options and futures.) |
| Demo account | Yes |
Sources: ig.com/uk/spread-betting, read 2 Nov 2026; ig.com/uk/demo-account, read 2 Nov 2026.
Your protection if the firm runs into trouble
| FSCS | Should IG INDEX LIMITED fail owing you money, you may receive up to £85,000 per person from the Financial Services Compensation Scheme. It is an FCA authorised UK firm. |
|---|---|
| Negative balance protection | Yes, as the broker states |
| Client money | The register shows permission to hold client money |
Source: fscs.org.uk/what-we-cover/investments, read 2 Nov 2026; ig.com/uk/about-us/international-offering, read 2 Nov 2026
Tax on the products traded here
IG offers both spread bets and CFDs. HMRC doesn't charge spread bets to Capital Gains Tax, while gains from CFDs fall within Capital Gains Tax. Read more in spread betting vs CFDs.
Accounts without swaps, customer support and the mobile app
| Support | Customer support uses WhatsApp, web chat and phone, available 24/7 except from 10pm Friday until 8am Saturday (UK time).) |
|---|---|
| iPhone app rating | Among 34,180 ratings, the score was 4.58 out of 5 on the UK App Store, 2 Nov 2026. |
Sources: ig.com/uk/contact-us, read 2 Nov 2026; itunes.apple.com/lookup, read 2 Nov 2026.
The official IG website
Put IG next to another broker
IG alternatives: other FCA firms offering spread bets and CFDs
Each firm sits in A to Z order, with none ranked above another.
Common questions answered
What minimum spreads apply to spread betting?
EUR/USD has a minimum spread of 0.6 points, GBP/USD 0.9 points and spot gold 0.3 points with IG spread betting. For the FTSE 100, the starting spread is 1 point. You won't pay an inactivity fee, but trading outside your base currency attracts a 0.8% fee.
Can I practise before putting money in my account?
Yes, you're able to create an IG demo account and test the markets before putting down real cash. This lets you learn how orders work without putting your own money at risk.
What's the minimum deposit, and how do you withdraw money?
A UK account needs funding of at least £250. You can add money and withdraw it through a bank transfer, debit card or credit card. Adding money and taking money out are free.
Which trading platforms and apps are available to me?
IG gives you a web platform and mobile app. Its app has a rating of 4.58 from 34,180 iOS ratings. Also on offer: MetaTrader 4, MetaTrader 5, TradingView. You can also choose L2 Dealer, ProRealTime or the tastytrade platform, which covers US options and futures.
How much leverage can I get as a retail trader?
You can use up to 30x leverage on selected markets to control a position larger than your deposit. 16,000 markets cover forex, CFDs and spread betting, along with share dealing, options and futures. Negative balance protection is included with retail accounts, so your balance can't fall below £0.
Is customer support available when I trade at the weekend?
UK support covers IG weekend trading 24/7, though not from 10pm Friday to 8am Saturday. The hours given are in UK time. Reach the team by WhatsApp, phone or web chat.