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
Reliable
IG combines ease of use with professional-grade tools at competitive prices. The platform works for beginners and experts alike and has the best comprehensive features across ISAs, and shares. As a FTSE-listed company with 50+ years of history, IG provides trust and reliability, while zero commission on UK shares and interest on cash deliver strong value. Fast execution, responsive support, and access to wide-ranging markets on one platform make it complete.
Value for money
definitely the best zero commission app out there, love the pre-ipo product too
Professional
Trustworthy and reliable
Easy to use
IG is an innovative, forward-thinking brand, which cares about their clients.
trust
I love their new brand campaigns and how they talk to clients
plus the podcast
they also work a lot on their proposition
established and trusted
access to 10k+ stocks. No commission on trades. great customer service.
Trustworthy
IG combines a powerful, professional-grade trading platform with clear pricing, strong regulation, and consistently reliable execution. The range of markets is excellent across investing and trading, and the tools, research, and education make it easy to move from beginner to advanced without switching providers. Customer support is responsive, the platform is stable even in volatile markets, and everything feels built for serious investors rather than gimmicks.
Well-rounded
Perfect balance of low-fee provider backed with 50+ years of experience, giving you that element of trust
Trusted
IG have a great set of core products that cater for my financial needs. I trust them with my accounts, and they have great content to help build my financial understanding and progress.
Very good
Used for CFDs for years. Excellent product.
Very good investment platform
IG has a huge selection of instruments for investments/ trading, both UK and USA. Excellent
Clear, informative and easy to use
IG is a clear, simple, informative and easy to use platform.
Easy to use
Great platform with charting facilities
Easy to use platform -...
Easy to use platform - higher minimums
easy to use, good value
easy to use, good value
Not interested
Not interested
Extensive for CFDs or SBT
Extensive for CFDs or SBT
4/5
good
good
5/5
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.
