IG Account Types

IG offers a variety of account types designed to accommodate traders at all levels. The main types of accounts include:

• Standard Account: Aimed at retail traders seeking a straightforward trading experience, this account provides access to a wide range of markets, including forex, indices, and commodities. It features competitive spreads and no hidden fees.

• VIP Account: Designed for high-volume traders, the VIP account offers enhanced features, personalized support, and lower trading costs. VIP clients enjoy exclusive events and insights from top-tier analysts.

• Demo Account: This account allows traders to practice without financial risk, simulating real market conditions with virtual funds. Its an excellent tool for beginners to familiarize themselves with the platform.

• CFD Account: This leveraged trading account allows for speculation on a wide variety of markets without owning the underlying assets. It requires a margin deposit, giving traders exposure to larger positions.

• Share Dealing Account: This account allows investors to buy and hold shares, ETFs, and investment trusts, suitable for medium- to long-term investors.

• Smart Portfolio Account: This account allows for investing in a diversified, fully managed investment portfolio tailored to the investor's risk appetite.

• Premium Account Services: Available by invitation, this service provides a personal account manager and exclusive privileges for high-volume traders.

IG Broker Account Opening Process

Opening an account with IG is a straightforward process that generally takes 1-3 days to complete. Here are the steps:

• Visit the IG Website: Go to the IG homepage to start the account opening process.

• Fill in the Application Form: Complete a simple online form providing details about your trading knowledge and preferences.

• Identity Verification: Submit proof of identity and address. Commonly accepted documents include passports, driving licenses, and utility bills.

• Account Selection: Choose the type of account that suits your trading needs (e.g., CFD, share dealing, etc.).

• Fund Your Account: Once your account is verified, you can fund it via debit card or bank transfer. There is no minimum deposit for bank transfers, while a $50 minimum applies for card payments.

• Start Trading: After funding your account, you can begin trading across more than 17,000 global markets.

For further assistance, IG offers robust customer support, including live chat and phone support, available 24/6.