Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
- Good Money Guide experts commend IG's demo account for its extensive market access, allowing users to trade over 17,000 markets with a virtual £10,000. The demo account mirrors the live platform's features and pricing, providing a risk-free way to explore trading options. However, it lacks certain functionalities, such as a demo for MT4 and the ability to reset the account without creating a new one.
- Across 746 user reviews on Good Money Guide, averaging 4/5, customers frequently highlight the platform's ease of use, reliability, and comprehensive range of products. Many users appreciate the seamless integration of crypto trading with other investment options, while some express concerns about occasional technical issues affecting trade execution. Overall, the platform is viewed as trustworthy and well-supported, with strong educational resources available.
IG Demo Account Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.- Pricing4.5
- Market Access5.0
- Online Platform5.0
- Customer Service4.5
- Research & Analysis5.0
Pros
- Huge range of markets to trade
- Signals, news and research
- Does not expire
Cons
- Can't see commissions on investing
- No DMA demo account
- No client sentiment data
See full expert review
Our verdict
IG's demo lets you trade over 17,000 markets with a virtual £10k in a spread betting and CFD account with no expiry.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.>
Is IG's demo account any good?
Yes, IG's demo lets you trade over 17,000 markets with a virtual £10k in a spread betting and CFD account with no expiry.
IG Index's demo account lets you test out the broker formally known as IG Index's spread betting and CFD trading platform. There is no cost to opening a demo account with IG and you do not have to risk real money. Instead, you trade with virtual money. I've compared the demo account against the real account so you can decide if the IG demo account is right for you.
IG's demo versus live trading
Both the IG demo and the real trading platform have the same pricing and asset classes. You can see the similarity in the below screenshot (demo left, live right).
There are a few downsides though, you can't get an IG MT4 demo, but I actually don't think IG is that good for MT4 (there are better MT4 brokers) as you are limited on what you can trade. You also can't get an IG share dealing demo, or IG Markets trading demo for DMA or physical shares. It's only the main IG Index demo for forex, indices, commodities and share derivatives.
You also cannot reset an IG demo account as it doesn't expire. So if you want to create a new IG demo you have to set up a new one using a different email address.
IG's demo account is excellent as it mirrors the pricing and features of its live platform. You get access to a £10k account for both spread betting and CFDs (so £20k in total), which means you can explore the difference in execution and trade order styles. Plus you get access to their news, trading signals and research without having to deposit funds.
Customer reviews for IG
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 746 reviews
- Excellent38%
- Very good36%
- Basic18%
- Poor5%
- Bad3%
Read customer reviews
simple to use
simple to use, multiple products available
Reliable
Safety, reliability, clear & easy to use.
Easy!
Allow me seamless crypto investing.
Trustworthy
They provide a platform that covers all my investing and trading needs.
Trusted
Trusted, big company, easy to use!
Great platform
IG makes crypto investing and trading feel much more trustworthy than many crypto-only platforms. The platform is easy to use, offers strong charting and trading tools, and provides access to crypto alongside other asset classes in one place.
I also appreciate the educational content, market insights, and emphasis on risk management, which help customers make more informed decisions. Overall, it strikes a good balance between offering exposure to crypto markets and maintaining the reliability and professionalism you'd expect from an established financial services provider.
smooth
easy to understand UX/UI
Value for money
Good crypto product with good fees.
Fanatastic!
Super knowledgable broker - they've been around for over 50 years so they really know their stuff.
Efficient
I like the fact they have zero commission on the 3 main Crypto coins
Reliable
IG is reliable and easy to use -
Well-rounded
Great multi-asset platform where I can manage my Crypto alongside my other investments. IG also have very transparent and competitive fees compared to other platforms in the UK.
fantastic
Exceptionally simple UX that makes Crypto trading a breeze.
Seamless
So good having crypto in same app as trading and investments with reliable UK platform.
dynamic
onboarding
Trade size
Allow a minimum trade size of 0.01, ideal for the small or conservative trader/investor.
Brilliant
Make you money
FIRE
They provide me everything I need to get what I want done. The ads ons I get via IG are essential.
Market Leader
IG is by far the best platform - their PCM team and social media content such as the tv show with Rich and The Art of Investing is hugely helpful to keeping me in touch with markets. I learn a lot from those.
Clean
A broker that executes trades when you need too, no ifs no buts
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.