TIER 1 · FCA · DFSA · BMARBI ALERT LIST#9 of 66 international brokers

IG review: the verdict.

Listed on the Reserve Bank of India Alert ListThe RBI lists IG Markets as not authorised to deal in forex or run a forex trading platform for Indian residents. Indian residents trading forex on unauthorised platforms can face action under FEMA. Source: RBI Alert List (RBI press release 2025-2026/1530, 19 Nov 2025; checked 24 Oct 2026).

Verdict score

8.3 / 10

Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.

Regulation10.0

Best licence: Tier 1

Trading cost9.5

$6.00 per lot

Accessibility5.0

Deposit not published

Platforms & payments5.8

7 platforms · 2 payment methods

Outside ratings7.4

Trustpilot 3.7 from 10,205

IG vs top-rated peersPER YEAR

I trade standard lots of EUR/USD a month.

Trive$720

GO Markets$1,200

IG$1,440

FP Markets$1,440

Zero Markets$1,440

Vantage$1,440

Cheapest vs most expensive here, per year$720

Regulation

Who licenses IG.

Licences as IG lists them. A tick means we found the entity on the regulator's own register.

Regulator	Tier	Entity	Licence no.	On register
FCA	TIER 1	IG Markets Ltd	195355	Not yet checked
FCA	TIER 1	IG Index Ltd	114059	Not yet checked
FCA	TIER 1	IG Trading and Investments Ltd	944492	Not yet checked
DFSA	TIER 2	IG Limited	F001780	Not yet checked
BMA	OFFSHORE	IG International Limited		Not yet checked

Accounts

Published EUR/USD costs.

Account	Spread	Commission	Cost / lot
CFD (spread-only) from	0.6 pip	$0	$6.00

Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.

Key facts

The fine print.

Website

www.ig.com

Founded

Not published

Headquarters

United Kingdom

Minimum deposit

Not published

Max leverage

Not published

EU/UK leverage cap

1:30

Platforms

MT4, MT5, TradingView, ProRealTime, L2 Dealer, own web platform, own app

Deposits & withdrawals

Bank wire, Cards

Islamic (swap-free) account

Not published

Copy trading

Not published

Withdrawal fees

UK charges page: bank transfer, debit and credit card withdrawals free.

Inactivity fee

Not published

Restricted countries

Not published

RBI Alert List (India)

LISTED as "IG Markets" · list of 19 Nov 2025 · checked 24 Oct 2026

Verified reviews

Traded with IG? Prove it.

Verified reviews open soon. Reviews backed by a statement, a read-only MT4/MT5 login or a withdrawal receipt count up to 3× more, and every verified review enters the weekly 100 USDT draw.

Outside rating used for now: Trustpilot 3.7 from 10,205 reviews.

Compare IG

vs FP Markets vs Trive vs Zero Markets vs Fusion Markets vs GO Markets vs Capital.com

Visit IG

Sources · data as of 2026-10-24

accounts: www.ig.com/uk/forex/markets-forex/eur-usd
platforms: www.ig.com/en/forex/markets-forex
hq country: www.ig.com/uk/about-us
regulators: www.ig.com/uk/about-us
trustpilot: www.trustpilot.com/review/www.ig.com
regulators BMA: www.ig.com/en/ig-international-limited
payment methods: www.ig.com/uk/charges
regulators DFSA: www.ig.com/ae/help-and-support/cfds/fees-and-charges/what-are-igs-fore
eu uk leverage cap: www.ig.com/uk/forex/markets-forex/eur-usd
withdrawal fee note: www.ig.com/uk/charges

Research notes: HQ = registered address 88 Wood Street, London. Founded year not stated on pages opened. UK cap 1:30 derived from 3.33% retail margin on EUR/USD (UK page). IG International (Bermuda, BMA) max leverage not stated on pages opened; BMA licence no. not shown. EUR/USD 'from 0.6 points'; DFSA product page also lists avg 0.85 pips but dated Jan 2021. UK charges page says inactivity 'Free' for investing products only; CFD inactivity fee not confirmed. Regulatory-information and deposits pages failed to load. ASIC/other entities not captured.

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