Anyone commerce with IG?
How do ye find them?
Regards...
Arrow
Is it fair to call them a broker? Their not regulated by the FSA simply by the gaming commission. If they had been only profiting from spreads I'd be happy to use them but we still don't really know that do we.
I have used them for a little while today and find them fairly good overall. No OCO order function though which gets in my t**s! They've just updated their charting which I find much better than previously.
I use them and like them. I have bee there a year.
All the best to you personally.
Fantastic broker - exceptional charting and disperse and a range of markets including commodities and share cfd's. Very well capitalised and controlled. Execution is very good with the occasional requote in a fast moving market but that can work in your favour. . I attempted to leave a profitable position following last weeks Aussie fascination statement and obtained price no longer valid at that time that I might find a fill the market has been even more in my favour. You require reasonable capital to start because the smallest trade size is 1 miniature lot (10,000k, $1/pip) so long as you're able to manage you can increment up any size out there (eg 1.25 miniature lots). As soon as you're in you can shut a portion of any of your transactions. I cant do this with with Oanda, you have to shut the entire position and any reverse positions you choose just reduce or shut the first transaction. I find very this fruing. One of the greatest and greatest market manufacturers and they also supply level two stp designed more for stocks compared to forex. I highly reccomend them
Authorised and regulated by the Financial Services Authority, FSA Register number 114059. Excludes Binary Bets, in which IG Index Ltd is licensed and regulated by the Gambling Commission. Licence number 066-002628-R-103649-002Originally Posted by ;
http://www.fsa.gov.uk/register/firmB...s.do?sid=61382
Yeah but spread betting falls under binary betting.Originally Posted by ;
NoOriginally Posted by ;
http://www.igindex.co.uk/spread-bett...s-landing.html
Yep they are pretty good...
I am quite new so don't have much to compare them to but overall they look reputable.
Best thing is there's no taxation because of its spread gambling. The platform is online which is great but the charting isn't so good.
You have access to tens of thousands of markets therefore its handy if you want to try your hand with other loions.