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IG.com Rating

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IG.com RATING -Powered by the Rating Formula V.4.0.

The following Rating of IG.com is based on the Forex Brokers Formula v.4.0.

IG.com Rating Summary

The sum of each Main Factor of IG.com Rating Analysis (1, 2, 3, 4)

RATING SUMMARY      
MAX ACHIEVED (%)
1. Safety of Funds 26.00% 25.30% 97.32%
2. IG.com Cost of Transaction 28.00% 20.00% 71.43%
3. IG.com Trading-Options 26.00% 20.25% 77.88%
4. IG.com Technological Efficiency 20.00% 13.50% 67.50%
Overall Rating 100.00% 79.05%

 

 

IG.com Rating Analysis

Analysis of each Sub-Factor forming IG.com's total rating result.

RATING ANALYSIS IG.COM
TOTAL RATING 100.0% IG.COM Broker
Weight Analysis Factor Analysis 79.05% ANALYSIS
1. SAFETY OF FUNDS at IG.COM 26.00% RATING WEIGHT 25.30% IG.COM Credibility Analysis
1.1 IG.COM Level of Regulation 12.00% FSC (BVI) = 1.0%, | CYSEC = 3.0%, | FFMS = 3.0%, | RAFMM = 3.0%, | CBI = 4.0%, | ASIC = 4.0%, | FSC (NZ) = 4.0%, | FSA (UK) = 6.0%, | BAFIN = 6.0%, | NFA = 6.0%, | CFTC = 6.0%, | FINMA = 8.0% | and MiFID = +4.0% 11.00% IG Markets is regulated by the Financial Conduct Authority (FCA UK) = 6%, Member of the FTSE 250 = +5% | Total = 11.0%
1.2 IG.COM Headquarters Base 5.00% General Offshore = 0%, Cyprus , Latvia = 2.0%, Ireland, Spain, Italy, Belgium, Israel = 3.0%, Canada, Australia, New Zeeland = 4.0%, USA, UK, Germany, Scandinavian, France, Switzerland = 5.0% 5.00% IG Markets maintains headquarters in London, UK = 5.0%
1.3 IG.COM Years in the Market 5.00% 0-1 Years = 0 %, 2-5 Years = 2.0 %, 5-10 Years = 4.0 %, 10+ Years = 5.0 % 5.00% IG Markets Group was founded in 1974 (10+ years) = 5%
1.4 IG.COM Segregated / Bank Accounts 2.00% Yes = 2.0 %, No = 0.0 % 2.00% Yes, IG Markets provides Segregated Bank Accounts to all clients = 2.0%
1.5 IG.COM Web Ratings (Usage for differentiating results) 2.00% ForexPeaceArmy Rating = 1.0 %, | EarnForex Rating = 1.0 % 2.30% IG.COM FPA=1.856 / 5.00 & Earn Forex= 5.5 /10.00, Total= 4.606 / 10.0 = Rating 2.303%
1.6 (+) ADJUSTMENTS
1.6.1 Size Factor 1.00% More than 1 Million Active Traders = +1.0 % 0.00% IG serves about 130,000 clients worldwide | Criteria not met = 0% Rating
2. TRADING COST at IG.COM 28.00% RATING WEIGHT 20.00% IG.COM Competition Analysis
2.1 IG.COM Typical Spread on EURUSD 8.00% < 0.3 pip = 8.0%, | <0.4 pip = 7.5%, | < 0.5 pip = 7.0%, | <0.6 pip = 6.5% | <0.7 pip = 6.0%, | <0.8 pip = 5.5%, | <1.0 pip = 5.0%, | < 1.25 pip = 4.5, | < 1.5 pip = 4.0%, | <1.75 pip = 3.5%, | >2 pip = 3.0%, | < 2.5 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% 4.00% Typical EURUSD spread is 1.5 pip = 4.0%
2.2 IG.COM Typical Spread on GBPUSD 5.00% < 1.0 pip = 5.0%, | <1.25 pip = 4.0%, | < 1.5 pip = 3.0%, | < 1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.25 pip = 1.5%, | < 2.5 pip = 1.0% | < 3 pip = 0.5% 2.00% Typical GBPUSD spread is 2.0 pips = 2.0%
2.3 IG.COM Typical Spread on USDJPY 4.00% < 1.0 pip = 4.0%, | <1.25 pip = 3.5%, | < 1.5 pip = 3.0%, | <1.75 pip = 2.5%, | < 2 pip = 2.0%, | < 2.5 pip = 1.0%, | < 3 pip = 0.5% 3.00% Typical USDJPY spread is 1.5 pips = 3.0%
2.4 IG.COM Trading Commissions 7.00% No Commissions = 7% | Commissions < $5 / lot = 3% | Commissions < $8 / lot = 1% | Higher Commissions = 0% 7.00% No commissions charged on standard account {that we tested} = 7.0%
2.5 IG.COM Deposit / Withdrawal Commissions 2.00% No = 2.0 %, | Yes = 0 %, | 1-Free / Month = 0.5 % 2.00% No withdrawal Commissions by IG = 2.0%
2.6 IG.COM Maintenance and Inactive Fees 2.00% No = 2.0 %, | Yes = 0 % 0.00% £12 fee on the 1st of every month, if no trading activity has occurred for 2 years = 0.0%
2.7 (+) ADJUSTMENTS
2.7.1 IG.COM Execution 2.00% ECN = +2.0 % / STP = +1.5 % | Market Makers = +0.0% 2.00% ECN / DMA Broker {plus Dealing Desk Execution} = +2.0%
3. TRADING OPTIONS at IG.COM 26.00% RATING WEIGHT 20.25% IG.COM Trading Analysis
3.1 IG.COM Forex Asset Index 8.00% 45+ Currency Pairs = 8.0%, | 40+ Currency Pairs = 7.0%, | 35+ Currency Pairs = 6.0%, | 30+ Currency Pairs = 5.0%, | 25+ Currency Pairs = 4.0%, | 20+ Currency Pairs = 3.0%, | 15+ Currency Pairs = 2.0%, | 10+ Currency Pairs = 1.0%, | Less than 10 pairs = 0% 8.00% IG.COM offers 60+ Forex Currencies = 8.0%
3.2 IG.COM CFD and Spot Trading 2.00% CFD Trading = 2.0 % | Only Spot = 1.0 % | Nothing = 0% 2.00% IG.COM offers CFDs trading = 2.0%
3.3 IG.COM Demo / Practice Account 2.00% Yes = 2.0 %, No = 0.0 % 2.00% Demo account is an option at IG = 2.0%
3.4 Leverage at IG.COM 2.00% >100:1 = 2.0%, | > 75:1 =1.5%, >50:1 = 1.0% 2.00% 200:1 max Capital Leverage at IG.COM = 2.0%
3.5 IG.COM Bonus & Rebate 6.00% 2.00%
3.5.1 IG.COM Bonus (%) Bonus (Higher or Equal): >50% = 6%, | >40% = 5%, | >30% = 4%, | >20% = 3%, | >15% = 2%, | >10% = 1% 0.00% No Welcome Bonus Policy by IG.COM = 0.0%
3.5.2 IG.COM Rebate (%) Rebate (Higher or Equal): >30% = 6%, | >25% = 5%, | >20% = 4%, | >15% = 3%, | >10% = 2%, | >5% = 1.0% 2.00% $0.75 / lot | Rating = 2.0%
3.6 IG.COM Minimum Deposit 1.00% Min Deposit < $500 = +1%, | Min Deposit < $1,000 = +0.5% 1.00% Minimum Deposit is $1 = 1.0%
3.7 IG.COM Fund / Deposit Methods 2.50% For each deposit method available = 0,5%, max = 5 methods 1.50% 3 fund methods (wire, debit cards and credit cards) by IG.COM = 1.5%
3.8 IG.COM Fund / Withdrawal Methods 2.50% For each withdrawal method available = 0,5%, max = 5 methods 1.50% 3 fund methods (wire, debit cards and credit cards) by IG.COM = 1.5%
3.9 (+) ADJUSTMENTS
3.9.1 Offering 100+ Currency Pairs 1.00% Yes = 1.0 % / No = 0 % 0.00% Not met = +0%
3.9.2 Interest on Funds 0.50% Yes = 0.50 %, No = 0.0 % 0.00% No interest on client funds by IG.COM = +0%
3.9.3 IG.COM Competitions / Championships 0.25% Yes = 0.25 % / No = 0 % 0.25% There are some Competitions by IG from time to time = +0.25%
4. IG.COM TECHNOLOGICAL EFFICIENCY 20.00% RATING WEIGHT 13.50% IG.COM Technological Analysis
4.1 IG.COM Available Platforms 5.00% Each Supported Platform = 1.0%, max = 5 platforms 4.00% IG.COM offers 4 platforms (WebTrader, L2 Dealer and ProRealTime} = 4.0%
4.2 IG.COM Slippage 4.00% Slippage < 0.5 pip = 4.0% | Slippage < 0.75 pip = 3.5% | Slippage < 1 pip = 3.0% | Slippage < 1.25 pip = 2.5% | Slippage < 1.5 pip = 2.0% | Slippage < 1.75 pip = 1.5% | Slippage < 2.0 pip = 1.0% 0.00% Slippage gets high during News Releases = 0%
4.3 IG.COM Automated Trading 2.00% Yes = 2.0 % / No = 0 % 2.00% Yes, IG.COM allows Expert Advisors = 2.0%
4.4 IG.COM MT4 / MT5 Availability 2.00% Yes = 2.0 % / No = 0 % 2.00% MT4 platform is available at IG.COM = 2.0%
4.5 IG.COM Mobile Trading 2.00% Each Supported Device = 0.50 % (iPhone, iPad, Android, Windows Mobile, Blackberry), max = 4 devices 2.00% Different apps for iPhone, Windows and Android (separate versions for Phones and Tablets) = 2.0%
4.6 IG.COM Scalping / Hedging Policy 1.00% Yes both = 1.0 % | Yes only Hedging or Scalping = 0.5% | No = 0 % 1.00% Yes both are allowed by IG = 1.0%
4.7 IG.COM Customer Service 4.00% 24/7 = 1.0 %, | 24/6 = 0.5 %, | 24/5 = 0 %, | email = 1.0%, | Phone = 1.0 %. | Live Chat = 1.0 %, | Skype = 0.5 %, | Call-Back = 0.5 % 2.00% 24/5 Customer support = 0%, eMail =1.0%, Phone =1.0% | Total = 2.0%
4.8 (+) ADJUSTMENTS
4.8.1 IG.COM PAMM / Managed Accounts 0.50% PAMM = 0.5 % / Simple Managed = 0.25%, No = 0 % 0.00% No PAMM / MAM accounts by IG = +0.0%
4.8.2 IG.COM API Trading 0.50% Yes = 0.5 % / No = 0 % 0.50% Yes, API trading via the IG Labs = +0.50%

 

IG.com Special Metrics

These are the special metrics for IG.com according to the three categories of trading experience. The rating results are based on different weights of the same formula.

SPECIAL METRICS    
Based on Separated Sub-Formulas RATING (100%)
IG.com Overall Rating 79.05%
Forex Beginners 76.13%
Advanced Traders 75.04%
Pro Traders 75.03%

 

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