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IG

IG

Warning United Kingdom Founded 1974

XRAY Review

Neutral

IG group evidence is mixed: strong risk controls vs a low regulation score and multiple entity-level licences

IG is a long-established broker group operating through many legal entities rather than a single firm. The supplied rating is 6.53/10, best understood as a measure of available institutional evidence, not of market risk or suitability. Risk control scores strongly at 9.025, fund security is 6.95 and transparency 7.8, while regulation is the weakest dimension at 3.0 despite high data confidence. Protection therefore depends heavily on the specific entity a customer contracts with, since FCA-regulated UK entities carry investor protection and segregated accounts, whereas several other entities do not.

On the positive side, risk-control indicators are strong: maximum leverage is documented at 200, account disclosure scores fully, and negative-balance-protection records exist. Transparency is supported by an active official website, ten disclosed entities and near-current records. Fund security is moderated by nine verified entities and segregated-account records, while risk exposure shows two approved records from one source with lower confidence.

The main concerns are regulatory and execution-related. Only eight of twelve licences are active, three are adverse, and the strongest licence score is 5. Several entities show revoked licences: ASIC and FMA licences for IG Markets Limited, and an FSCA licence for IG Markets South Africa Limited. Execution quality is the lowest measured dimension, with a median ping of 158 ms across 22 samples and no account-environment samples. Two Financial Ombudsman complaints exist but both were not upheld, so they are allegations rather than confirmed findings.

Overall the evidence does not support a clear positive or high-risk conclusion. This is a multi-entity group where the contracting entity, applicable licence and protection regime matter more than the IG brand name, and missing or low-confidence data should be verified directly before relying on any assumption.

Generated
  • Strong risk-control evidence

    The risk-control dimension scores 9.025 with full confidence, reflecting documented maximum leverage of 200, full account disclosure score and negative-balance-protection records.

  • Active official presence and disclosed entities

    An active official website is recorded, with ten disclosed entities and near-current record age, supporting the transparency score of 7.8.

  • Segregated accounts and verified entities recorded

    Fund security scores 6.95, supported by nine verified entities and segregated-account records, though protection still depends on the contracting entity.

  • Complaints were not upheld

    Two Financial Ombudsman complaints and no open cases are recorded; both were not upheld, so no confirmed misconduct finding exists from these records.

  • Low regulation dimension score

    Regulation scores 3.0 with full confidence despite 12 recorded licences, of which only 8 are active and 3 are adverse, with the strongest licence score at 5.

  • Revoked licences across entities

    Several entities show revoked licences, including ASIC and FMA licences for IG Markets Limited and an FSCA licence for IG Markets South Africa Limited, meaning some prior authorisations are no longer in force.

  • Entity-dependent investor protection

    Investor protection, negative-balance protection and segregated accounts differ by entity. FCA-regulated UK entities record investor protection, while several other entities do not, so customers must identify their actual contracting entity.

  • Weaker execution and limited risk-exposure data

    Execution quality is the lowest measured dimension at 6.3325, with a median ping of 158 ms and no account-environment samples. Risk-exposure evidence rests on two approved records from a single source with 0.72 confidence.

  1. Identify the exact legal entity named in your account agreement and verify its current licence status with the relevant regulator.
  2. Confirm whether your contracting entity provides investor protection, negative-balance protection and segregated accounts.
  3. Check the official website and licence records for any revoked or suspended authorisations relevant to your entity.
  4. Note that the two recorded complaints were not upheld, and distinguish allegations from confirmed regulatory findings.
  5. Treat the 6.53 rating as an institutional-evidence measure, not a guarantee of withdrawals, returns or suitability.
  6. Where data confidence is low, such as execution quality and risk exposure, seek current information directly from the broker.

This AI review summarizes the structured public evidence currently available. It may omit recent changes and is not investment, trading, or account-opening advice. Always verify the contracting entity, licence, and customer agreement independently.

Accounts and trading

Platforms

Official disclosures

Entities and regulation

Check the contracting entity, region and current official terms before opening an account.

Related entities 11

A licence record applies to its named entity and authorised scope.
Full company name
IG MARKETS LIMITED
Country / region
United Kingdom
Founded
2000-06-01
LEI
21380017XKSVQ3LC3V75
Registered address
Cannon Bridge House,25 Dowgate Hill,London,EC4R 2YA,United Kingdom
Status
Active
Australia Securities & Investment Commission
Australia Securities & Investment CommissionASIC
Licence status: Revoked
Licence number
000220440
Verification status
Pending verification
Licence type
Market Making License (Mm)
Effective date
2002-07-03
Expiry date
2024-06-05
Last checked
2026-09-27
Financial Conduct Authority
Financial Conduct AuthorityFCA
Licence status: Active
Licence number
195355
Verification status
Verified
Licence type
FCA authorisation
Effective date
2001-12-01
Last checked
2026-09-27

Business permissions 17

  • Receive or transmit orders
  • Execute orders
  • Deal on own account
  • Portfolio management

Regulatory restrictions and requirements

  • Financial promotion requirement
Financial Markets Authority
Financial Markets AuthorityFMA
Licence status: Revoked
Licence number
18923
Verification status
Pending verification
Licence type
Market Making License (Mm)
Effective date
2010-11-13
Expiry date
2022-05-27
Last checked
2026-09-28

User rating

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—/ 5

Rated reviews: 0

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Risk watch

No recent risk signals

Observation · not a safety rating

Reading note · Scores reflect available evidence. Recent risk signals are not a safety rating. Check the source, date, and contracting entity.

Insights

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Company and services

IG is a global online trading and investment provider offering access to forex, contracts for difference, spread betting and other financial products, subject to the client's jurisdiction.

Full company name
IG
Founded
1974-01-01
Registered address
Cannon Bridge House 25 Dowgate Hill London EC4R 2YA
Supported languages
Chinese (Simplified) · Chinese (Traditional) · English · Spanish

Official websites

Contact methods

Official social channels