Expert Review
Product Name: IG Indices Trading
Product Description: Trade over 80 indices with the world’s No.1 spread betting and CFD provider. Trade with deep liquidity on spreads from 1 point on the FTSE 100, 1.2 on the Germany 40 and 0.4 on the US 500. IG also offers indices trading on weekends when the main markets are closed.
70% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
Is IG good for trading indices?
Yes, in fact IG was originally called IG Index (Investors Gold Index) and was one of the first brokers to let private individuals trade the financial markets. When they started off customers mainly traded the London stock market index (FTSE 100), but now IG clients can trade a market leading 80+ indices.
Pros
- Excellent index liquidity
- Wide range of indices to trade
- Good index trading signals and analysis
Cons
- No index futures
- Index options only available as a CFD or spread bet
-
Pricing
(4)
-
Market Access
(5)
-
Online Platform
(5)
-
Customer Service
(5)
-
Research & Analysis
(5)
Overall
4.8
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.
You can contact Richard at richard@goodmoneyguide.com
