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
Trust
Desktop app is very easy to use, competitive rates.
Breadth
Breadth of products. Low fees.
Trustworthy
Great range of products available. Like the new bold challenging approach.
Coverage
They have everything you could want and more
Reliable
Excellent platform, reliable feeds and lots of 24 hour markets to choose from.
Great platform
IG is great at giving investors and traders a powerful, all-in-one platform to access and trade a wide range of markets with speed, flexibility, and control. The product stands out for its breadth across CFDs, spread betting, shares and more, combined with robust charting tools, real-time data, and advanced order types that let users act quickly on market movements. It is particularly strong for people who want to express short-term views or manage risk actively, offering leverage, hedging capabilities, and seamless switching between instruments, all within a platform that still feels relatively reliable and professional compared to many competitors.
Good liquidity
Good liquidity. Weekend markets.
Trust
I use IG for both trading and investing across different markets. The platform is reliable, easy to use, and offers a wide range of assets. I also find their market insights and tools helpful for making informed decisions.
Seamless
Just feel like i can trust the platform 100%
Amazing
Their expert knowledge is something I really value, up to the date analysis is fantastic.
Well-rounded
Great multi-asset platform.
excellent
tight spreads, great liquidity
Fair
Excellent mobile and web app deployments.
Colourful
Userface so easy to see use and interact with
Innovative, Supportive
Helping me to feel comfortable within the chaos of trading, and the chaos of the UK trading & tax environment.
Professional
IG has grown significantly over the past few months. They're way more visible in the UK and their products are improving beyond their traditional trading platform. They also announced some exciting new features and products this year which show their commitment to go beyond traditional, old school trading.
Reliable
Excellent platform and investing/trading education.
Mastery
They are innovative – have a really clear App interface – and provide me with enough learning and knowledge platforms to quickly elevate my knowledge giving me confidence to invest.
Professional
User friendly
Trustworthy
Easy to use platform and helpful information.
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.
