IG investment offerings: Unveiling Your Trading Potential
Understanding the full scope of IG investment offerings is crucial for any potential trader. The range of markets and products available often depends on your geographical location and the specific IG regulatory entity that services your account.
IG Available Markets and Regional Products
The markets accessible to you can vary significantly. For instance, residents in the U.K., New Zealand, Japan, and the U.S. are typically required to open accounts with their respective local IG entities, which can influence the specific IG investment offerings they can access.
Beyond nearly 20,000 CFDs, IG provides access to exchange-traded securities (non-CFDs) for clients in the U.K., Germany, and Australia, allowing them to trade on international stock exchanges. Additionally, IG offers forex options, exchange-traded Turbo warrants through Spectrum (its Multilateral Trading Facility in Europe), and listed derivatives in the U.S. via tastytrade. IG Bank in Switzerland also serves eligible clients, further diversifying IG products by region.
IG CFD Trading and IG Stock Trading
IG’s comprehensive platform supports extensive IG CFD trading across various asset classes. For those interested in direct market access, IG stock trading non-CFD options are available in select regions, allowing investors to truly own shares.
- Forex Trading (Spot or CFDs): Yes
- Tradeable Symbols (Total): 19537
- Forex Pairs (Total): 100
- U.S. Stock Trading (Non CFD): Yes
- Int’l Stock Trading (Non CFD): Yes
- Social Trading / Copy Trading: Yes
IG Crypto Trading
IG crypto trading is available primarily through CFDs. This means you can speculate on the price movements of cryptocurrencies without owning the underlying asset. It’s important to note that IG does not offer physical cryptocurrency trading. Furthermore, in the U.K., IG does not provide crypto derivatives to retail traders, a key consideration for those evaluating IG investment offerings.
- Cryptocurrency (Physical): No
Commissions and Fees for IG Investment Offerings
IG’s significant market presence enables it to offer scalable execution across all its products. While not a discount broker, IG excels in providing competitive pricing for active traders, especially through its Forex Direct accounts. This makes IG investment offerings particularly attractive for high-volume participants.
CFD Account Spreads and Rebates
Typical spreads for CFD accounts during peak trading hours averaged 0.768 pips in September 2021, which is slightly better than the industry average. However, during periods of low liquidity, spreads can widen. Active traders who qualify as professionals under EU regulations can benefit from IG’s three-tier rebate program, offering significant discounts on spreads.
For example, trading over £50 million in forex volume per month can earn a 10% spread rebate. For volumes exceeding £300 million, the rebate can go up to 20%, significantly reducing the effective cost of IG investment offerings.
DMA Account (Forex Direct)
For the most sophisticated traders seeking even greater discounts, the DMA account with Forex Direct is an excellent option. This commission-based offering provides access to the L2 Dealer platform and requires a minimum deposit of £1,000. It features a tiered pricing scale based on the previous month’s trading volume, offering some of the most competitive IG investment offerings.
With average spreads of 0.165 on EUR/USD and a commission, the all-in spread can be as low as 0.365 pips for very high-volume traders. Forex Direct streams prices from interbank liquidity providers, with IG acting as an agency broker, ensuring transparent execution without additional spread markups.
Conclusion
IG investment offerings are extensive and cater to a wide range of traders, from those interested in CFD trading across numerous assets to sophisticated active traders seeking direct market access and competitive pricing. The availability of specific products, including IG stock trading and IG crypto trading, varies by region, making it essential to understand the IG products by region relevant to your location. With its robust platform and diverse offerings, IG presents a compelling option for unlocking your trading potential.
