IG has become the first retail Australian trading platform to integrate client trading accounts directly into ChatGPT, launching a new AI-powered assistant that allows traders to access live account data through natural language conversations.
The new tool, IG Trading: CFD Assistant, is available through the ChatGPT App Store and enables clients to ask questions about their open positions, profit and loss, watchlists, market sentiment, account activity and portfolio performance without leaving ChatGPT.
Powered by Model Context Protocol (MCP), an open standard that allows AI assistants to securely connect to external data sources, the assistant gives ChatGPT access to a trader’s live account information, including positions, working orders, transaction history, watchlists, market prices and sentiment data. According to IG, clients simply connect their account once and can then query their trading activity through a single conversation.
The Australian forex broker says traders can ask questions such as which positions carry the most risk, how much margin they are currently using, which markets on their watchlist have the strongest bullish or bearish sentiment, or which trades have generated the highest profits over a selected period.
The launch comes as artificial intelligence continues to reshape financial services. OpenAI recently revealed that around 900 million people use ChatGPT every week, with many already relying on AI tools for market research, news summaries and investment analysis.
Unlike generic AI trading assistants, IG’s solution is connected directly to client accounts and live market data. The platform can access real-time bid and ask prices, historical price data, portfolio metrics, market sentiment and trading history, allowing traders to receive personalised insights based on their own portfolios.
Importantly, IG says the integration has been designed with security in mind. The assistant operates on a read-only basis, meaning users can analyse positions and account information but cannot place or modify trades through ChatGPT. Authentication is handled through the client’s existing IG login credentials.
The service is available free to active IG Trading CFD clients in Australia and represents one of the most advanced examples yet of a retail broker embedding AI directly into the trading experience.
As competition among online brokers intensifies, the move highlights how AI is increasingly becoming a core feature rather than simply an add-on research tool.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
