IG Markets Binary Options Trading Review

Broker Review: IG Markets

IG Markets, part of the IG Group, is a 35 year old company which is amongst the leading providers of CFD (Contracts for Difference) trading services in the world. The IG Group is a FTSE 250 company in the UK with a physical presence in UK, Australia, France, Singapore, USA, Spain, Luxembourg, Germany, Netherlands, South Africa, Portugal, Japan, Sweden and China.

Awards Won

IG Markets is a leading UK binary broker who has won several industry awards including the following:

  1. AFR Smart Investor’s Blue Ribbon Award for Best CFD Provider in 2011
  2. TheBull ‘Stockies’ Award for Best CFD Provider in 2010, 2011 and 2012
  3. A 5 star rating from CANSTAR CANNEX for providing outstanding value as a CFD Provider in 2009
  4. Money Magazine Best of the Best award for Best CFD Provider in 2010
  5. FX Traders’ Choice Award for top placement and Falcon Award for High Broker Satisfaction in Oceania in 2010
  6. World Finance Exchanges & Brokers Award for the Best Trading Platform in 2011

Continuing their tradition of innovation, IG Markets invented binary trading and allow binary trading on more underlying assets than any other binary options broker. Following are the different assets and markets that IG Markets binaries are available for trading:

Indices

IG Markets binaries related to global indices include Wall Street, Australia 200, US Tech 100, FTSE 100, US SPX500, Germany 30, Japan 225, Italy 40, Japan All- Share, Korea 200, Hong Kong HS42, Taiwan All-Share, Singapore Blue Chip, China H-Shares, India 50 and some more underlying assets.

Forex

IG Markets binaries for the spot forex market include the currency pairs of AUD/USD, GBP/USD, EUR/USD, USD/CHF, USD/JPY and EUR/GBP. Trades for binary options on these instruments are offered for the spot rate of the instruments as prevailing at 8 pm London time.

Commodities

You can trade binary options for commodities like Gold, Silver and US Light Crude Oil with IG Markets.

IG Markets

Regulation Information

IG Markets is a member of the LSE (London Stock Exchange) and its UK operations are regulated by the FSA (Financial Services Authority). The Australian operations of IG Markets are regulated by the ASIC (Australian Securities and Investments Commission).

Platform & Interface Overview

IG Markets offers a web based trading platform that provides dependable performance and fast execution along with a host of analytical tools to help you make your trading decisions. They claim that 99.6% of the trades on their platform take no more than 0.1 seconds to execute giving you the best possible prices and minimizing the chances of any slippage. The platform also boasts of a 99.94% uptime which allows you to access your account at any time you wish.

The platform at IG Markets provides you with technical charts and insights to track the latest trends and developments in the market you trade. You can read expert opinion and analysis and receive strategy tips for better trading from the Insight tool provided along with the trading platform. You can place your trading orders directly from the charts which can be extremely crucial in fast moving markets like forex.

IG Markets also offers smartphone applications that let you access your trading account and execute trades on smartphones like iPhone, iPad, Android devices, Windows devices, Blackberry phones or selected Nokia phones. Other features like one click trading, competitive pricing and customizable online trading platform makes trading with IG Markets surprisingly effortless.

Deposit & Withdrawal Methods

IG Markets accepts deposits using debit cards (Visa and MasterCard), credit cards (Visa and MasterCard) and BPAY. While there are no additional charges while depositing money with BPAY or a MasterCard debit card, the other options do attract varying transaction charges. Deposits made using a debit card or credit card are instantly credited to your account with IG Markets while money deposited via BPAY takes 1 working day to be processed.

You can withdraw funds from your account with IG Markets using Electronic Funds Transfer (EFT), RTGS, TT payments or cheques. You can also withdraw the money directly to your debit card or credit card.

Customer Service

IG Markets provides you with an extensive knowledgebase to help you with issues commonly faced by customers. The help topics provide solutions for issues related to the trading platform, charting, technical things, market or your account. Should these resources prove insufficient, you can always get in touch with the friendly and helpful customer support team of IG Markets which is available 24×7 to help you resolve your issues.

Final Word

IG Markets is a world class binary options broker with a rich history of providing high quality trading services. IG Markets binaries are available for a wide variety of underlying assets making it one of the most popular brokers in the world. The robust platform, competitive rates and outstanding customer service are enough reasons to give IG Markets a shot for your trading needs.

GD Star Rating
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IG Markets Binary Options Trading Review, 2.7 out of 5 based on 10 ratings



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