BrokAIr Reviews

IG Group Review

"IG Group has become one of the most recognizable online brokerages, but the company's commitment to its customers has been called into question. Is IG Group really looking out for its clients' best interests?"

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Overview of IG Group

IG Group is one of the world's leading online trading platforms that enables users to trade CFDs, stocks, ETFs, options, and forex. Founded in 1974 as a spread betting business under the name IG Index, the company has come a long way and now offers a wide range of trading instruments for retail and institutional investors. The London-headquartered broker is regulated by the Financial Conduct Authority (FCA) in the UK, as well as numerous industry regulators in other countries.

Pros of IG Group

Cons of IG Group

Public Opinion on IG Group

IG Group has been largely positively reviewed by customers and industry professionals alike. Customers generally appreciate the broker’s comprehensive range of trading instruments, competitive pricing structure and robust technology. The broker also receives praise for its user-friendly interface and wide range of educational resources. However, there are some who have complained about the limited customer service provided by the broker.

Founders of IG Group

IG Group was founded by Stuart Wheeler in 1974 as an independent spread betting business under the name IG Index. Wheeler was previously a stockbroker at Rowe & Pitman before founding his own business. He served as chairman until 2005 when he retired from the role after more than 30 years at the helm. Today, IG Group is headed by CEO June Felix who was appointed in 2019.

Recent Newsworthy Events Involving IG Group