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Finance IG Company, commonly referred to simply as IG, was founded in 1974 by Stuart Wheeler. Originally established as the world's first spread betting firm, IG has evolved to become a leader in online trading, providing a wide range of financial services to retail and institutional clients globally.
IG Group Holdings plc is the parent company of IG. It is publicly traded on the London Stock Exchange under the ticker symbol IGG, and it is part of the FTSE 250 index. The company operates through various subsidiaries across different regions, ensuring compliance with local regulations.
The headquarters of IG is located in London, United Kingdom. This central location in one of the world's major financial hubs supports its extensive operations and regulatory compliance efforts.
IG operates in over 19 countries, providing trading services to more than 360,000 active clients worldwide. The company offers access to over 17,000 financial markets, including forex, stocks, commodities, and cryptocurrencies, making it a significant player in the global trading landscape.
IG is regulated by several key financial authorities, including:
IG's growth strategy has included both organic expansion and acquisitions. The acquisition of Tastytrade in 2021 allowed IG to enter the US forex trading market more robustly, offering a tailored experience for American traders. Additionally, IG has expanded its product offerings to include a wide range of financial instruments, catering to diverse trading preferences.
Over the years, IG has experienced significant growth in its customer base, increasing from a few thousand clients in its early years to over 360,000 active clients today. This growth reflects the company's commitment to providing a user-friendly trading experience and comprehensive educational resources.
IG has continuously enhanced its trading platforms to meet the needs of its diverse client base. The introduction of mobile trading applications, advanced charting tools, and integrations with third-party platforms like MetaTrader 4 and ProRealTime have positioned IG as a technology leader in the trading industry.
IG has received numerous awards for its trading platforms and services. In 2024, it was recognized as the "Best Finance App" and "Best Multi-Platform Provider" at the ADVFN International Financial Awards. Such accolades highlight IG's commitment to innovation and customer satisfaction.
IG offers a comprehensive range of forex trading options, with access to over 80 currency pairs. This includes major pairs such as EUR/USD, GBP/USD, and USD/JPY, as well as a variety of minor and exotic pairs. The platform provides competitive spreads starting from 0.6 pips on major currency pairs.
IG provides clients with the ability to trade stocks from a wide array of global exchanges. This includes both CFDs on stocks and direct share dealing, allowing clients to invest in companies across various sectors.
As one of the largest CFD providers globally, IG offers a diverse range of CFD products, including indices, commodities, and cryptocurrencies. Clients can trade CFDs on more than 17,000 markets, benefiting from the ability to speculate on both rising and falling prices.
In addition to forex and CFDs, IG offers trading in various other financial instruments, including:
IG stands out in the industry due to its comprehensive educational resources, including free trading courses, webinars, and an interactive community platform. Additionally, IG offers a demo account for clients to practice trading without financial risk, and it provides negative balance protection to ensure clients cannot lose more than their account balance.
IG is regulated by multiple authorities across various regions, which includes:
IG operates through several legal entities depending on the region, ensuring compliance with local regulations. For example, IG Markets Ltd and IG Index Ltd are authorized by the FCA in the UK, while IG US LLC operates under the CFTC in the United States.
IG takes client fund protection seriously. Client funds are held in segregated accounts at regulated banks, ensuring that they are not used for company operations. This segregation provides an additional layer of security for clients' investments.
IG serves clients in numerous countries worldwide, excluding certain regions due to regulatory restrictions. Notably, IG does not provide services in the United States (except through its Tastytrade subsidiary), Canada, Japan, and several other countries.
IG has maintained a strong compliance record throughout its operations. The company adheres to strict regulatory requirements set forth by the various financial authorities under which it operates, ensuring transparency and accountability in its dealings.
IG faces competition from several key players in the online trading industry, including:
IG is positioned as a market leader in the CFD and forex trading sectors, recognized for its robust platform, comprehensive educational resources, and strong regulatory compliance. Its long-standing reputation and innovative approach to trading technology further solidify its status in the industry.
IG differentiates itself through several key factors:
In summary, Finance IG Company has established itself as a leading online trading provider with a rich history, diverse product offerings, and a strong commitment to regulatory compliance and customer education. Its competitive positioning in the market, combined with its innovative approach to trading technology, makes it a preferred choice for traders around the world.
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