Background on IG Markets
IG Markets Ltd is part of the IG Group and offers speculative based investor products. IG Markets Ltd, which trades online at IGForex.com, offers investor services to private and institutional investor clients. IG Markets is also linked to IG Index which, according to the IG Markets website, is the United Kingdom’s leading financial spread betting firm. IG Group also claims to be the oldest spread betting firm in the United Kingdom. It was created in 1974 according to the IGForex.com website.
Important warning for potential investors
This type of investment means that the investor may lose more than the initial payment. This is therefore a highly risky investment. It is therefore critically important to state clearly that investors dealing in trading in currencies take high risks with their investments. Therefore independent professional advice should be taken before experimenting with any such trading type investments.
What type of forex trade does IG Markets offer?
The forex trade that IG Markets offer is mainly bases around Contracts for Difference (CFDs) on shares and indices, together with deals in margined foreign exchange. These types of investment are highly risky and need professional independent advice.
What make IG Markets offer attractive to the trading investor?
According to IG Markets website at IGForex.com the following attributes make IG Markets an attractive online web-based trading solution. These are:
- IG Markets trading offer 1: Tight spreads with no online requites
- IG Markets trading offer 2: Mini contracts with same low spreads
- IG Markets trading offer 3: 1-click dealing with no contract fees
- IG Markets trading offer 4: Up to 700:1 leverage
- IG Markets trading offer 5: Quality real-time free charts
Each of these offerings from IGForex.com will be covered below.
IG Markets trading offer 1: Tight spreads with no online requites
The dealing at IG Markets apparently starts from 2 pips. IG Markets purport to offer a large range of key pairs at competitive rates. IG Markets purports not to charge a commission on the trade.
IG Markets trading offer 2: Mini contracts with same low spreads
The pairings can all be taken, according to IG Markets website, at both the full contract (at 100,000 on the first named currency) or on a mini-FX contract (one contract = 10,000 of the first named currency). These remain high risk contracts which require professional independent forex advice.
IG Markets trading offer 3: 1-click dealing with no contract fees
The PureDeal trading platform offered by IG Markets purports to offer the investor a 1-click ability to trade immediately at the rate on the screen. IG Markets at IGForex.com state that this enables the investor to avoid requiting and thus means no waiting time. Probably an important element to most investors.
IG Markets trading offer 4: Up to 700:1 leverage
The IG Markets website purports to offer 700:1 leverage, which may sound attractive, but this has substantial investment risk. This definitely requires independent professional advice.
IG Markets trading offer 5: Quality real-time free charts
The IG Markets system purports to offer the investor some very useful charts and information displays. IG Markets claim that this aids the investor.
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