Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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.
- Experts highlight that IG MT4/MT5 Trading provides access to a limited range of markets when using MT4, but benefits from IG's strong support and resources for traders. The platform is well-rated for pricing, market access, and customer service, each scoring 4.0/5, with an overall rating of 4.0/5.
- Across 746 user reviews on Good Money Guide, averaging 4/5, customers frequently commend the platform's ease of use, reliability, and comprehensive range of products. Many users appreciate the seamless integration of crypto trading with other investments, while some mention the platform's educational resources and customer support as significant advantages. However, a few users express concerns about occasional technical issues affecting trading performance.
Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated IG MT4/MT5 Trading across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- Online Platform4.0
- Customer Service4.0
- Research & Analysis4.0
Pros
- Backed by IG
- Spread betting in the UK
Cons
- Limited market range
See full expert review
Our verdict
IG’s MT4 package gives instant access to 18 free add-ons and indicators. Trade in sizes as small as 0.01 lots as a CFD or spread bet and get minimum spreads from just 0.6 pips on a host of forex pairs.
70% of retail investor accounts lose money when trading CFDs and spread bets with this provider.
Does IG work with MT4?
Yes, you can use MT4 with IG, but you are limited to only a few markets. If you are going to use MT4 as your main trading platform specialist MT4 brokers like Pepperstone give you access to more markets. However, one of the key advantages to trading on MT4 with IG is their experienced development team for helping implement strategies and how well-capitalised IG are as a business.
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
supportive
Educational content that really benefit my trading skills
Efficient
Great service and a wide range of products. Competitive on price.
Convenient
Clean UX for beginner
Value
Easy to understand, good tutorials
Efficient
Great app
Great
Trust worthy broker
Seamless
IG have made it easy for me to manage my whole portfolio, including trading, all from one place.
Excellent
It has a great user experience
Industry leading
Giving me multiple markets to trade on demand
Incredible
Having everything wrapped up in one product
breadth
prices and tech UI
Innovative
easy to use apps
Good when it works
Fast at filling trade but does not always work often can't always trade that's why I only gave them 4 stars
credible
Adjusts to the fast pace changes of the investment market
Amazing
Costumer service, trading platform design, trading instruments.
Serious
Education
Reliability
Good support and good charting software
Professional
The trading platform, desktop and mobile, is excellent.
Fantastic platform
Everything is clear and transparent
exceptional
access to 1000s of markets. Stable and involving platform. customer service.
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.
