IG was established in 1974 and has been a leading speculative trading brokerage firm for many years. Initially opened as financial spread betting firm (the first in the UK) it has show incredible growth and development. Also adding to its’ offerings with products such as Contracts for Difference and Forex trading. IG Index is now part of the IG Group, which also operates the IG Markets.
IG offers investors numerous services which add to the overall versatility and effectiveness to the financial spread betting client by having one of the top software packages for charting and numerous market analysis tools. Keeping up to date with technology has been a top priority for the company as well as developing new products to offer its clients.
According to numerous reports IG currently offers over 10,000 financial instruments to its clients, which allows investors to have a very large range of trading products available to them. IG also boasts the ability for their clients to trade in thousands of global markets, commodities, Forex and indices worldwide.
Financial spread betting clients are able to open accounts online and receive the added benefits of this derivative such as tax free investing (in UK at the time of this review, subject to change at any time). IG does not charge commissions in this derivative which allows the trader more reason to sign up.
There are numerous benefits which IG Index offers its financial spread betting investors, making their firm even more attractive than many other firms. These include tight spreads, twenty-four hour trading, low stakes, low margins, options trading, being able to go long or going short, automated stop loss and mobile trading.
IG Index however does not offer clients demo accounts. This in itself could be a major flaw if they did not offer the ability for the newcomer to financial spread betting to make use of their Pure Deal platform. With this platform the trader can open an account without funding it, and can try it out to get a feel for how the platform works. The PureDeal platform offers traders one click execution as well as price improvement software which will guarantee the trader gets the best price deal per each transaction. Due to the benefits that IG Index offers financial spread betting investors it has been stated that over fifty percent of traders are with this company and will stay with them.
Financial Spread Trading 