In a circular to clients, IG the biggest forex broker by market cap said they have reduced spreads on some of the most popular CFD instruments.
The note to clients said:
This summer, we cut both spreads and risk-management charges to help you keep costs down. Start trading again to take advantage of:
Forex spreads from just 0.6 points on EUR/USD and others (compare forex spreads)
The tightest out-of-hours indices spreads in the industry – trade FTSE 100 on just 4 points
Free-to-place guaranteed stops, with no charge unless they’re triggered
IG recently launched a better and cheaper version of the MT4 platform. As a relative latecomer to the Metatrader 4 broker party IG are working hard combine their discount pricing, market access and in-house technology to provide customers with the well-rounded trading experience one should expect from the industry leader.
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Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.