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 highlight IG UAE Forex Trading as a strong choice for forex trading in the UAE, noting its regulation by the DFSA and a local office in Dubai. The platform is praised for its deep liquidity and extensive market range, although some concerns were raised about slow customer service and the absence of DMA futures trading. Overall, it received a solid rating of 4.0/5 across various criteria including pricing and market access.
- Across 746 user reviews on Good Money Guide, averaging 4/5, customers frequently commend IG for its user-friendly platform, reliable service, and extensive range of trading products. Many users appreciate the seamless integration of crypto trading with other investments, while some express concerns about occasional technical issues affecting trade execution. Overall, the platform is viewed as trustworthy and efficient, with competitive fees and strong educational resources.
IG UAE Forex Trading 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 UAE Forex Trading across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- Online Platform4.0
- Customer Service4.0
- Research & Analysis4.0
Pros
- Wide market range
- Excellent liquidity & DMA equities
- Listed on the London Stock Exchange
Cons
- Customer service can be slow
- No DMA futures trading
See full expert review
Our verdict
IG is one of the largest global forex brokers operating in the UAE with a vast selection of markets to trade with great liquidity.
Can you trade forex with IG in the UAE?
Yes, you can trade forex in the UAE with IG as they are regulated by the DFSA and have a local office in Dubai.
IG is a good choice as IG stands out through deep liquidity, high market range and excellent added value such as trading tools and analysis.
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
2/5
3/5
2/5
Pros:
Market access
Cons:
Improve customer support. Remove in-activity fee
1/5
Pros:
easy to use
Cons:
better spreads
5/5
Pros:
All the different features.
Cons:
Have lower margins.
3/5
Pros:
Detail
Cons:
N/A
3/5
Pros:
ISA is flexible
Cons:
Better customer support
2/5
Pros:
App is quite good
Cons:
Make it easier for novice investors to understand how to use their platforms
3/5
Pros:
Nothing
Cons:
None
1/5
Pros:
Trading options
Cons:
Trading
4/5
Pros:
Lots of equities, good for analysis (mostly)
Cons:
Customer service
5/5
Pros:
speed
Cons:
Allow me to aggregate my own news feed on the platform
2/5
Pros:
Nothing
Cons:
Lower cost
Gildas @ 06/30/2020 01:54
it is a great company offering an amazing product, always in front in terms of offering and technology
Dehua @ 08/04/2020 07:17
I have been trading on IG Singapore for almost 10 years. Unfortunately they started to become more disappointing since about 2 years ago. This gives me the feeling that they have shifted their focus onto how to scoop more money from things from their clients, e.g. readjusting the spreads, the interests, etc. instead of growing with clients through better customer support.
Since the system upgrade, they have been displaying the figures incorrectly on their app - fristly, they are unable to self-examine/test; secondly, half a year after i sent in feedback with screenshots of such display on their app, they are still unable to rectify it.
Things like this would you make you doubt your confidence in their other capabilities in serving their clients. And such worries are proven. For example, i called their helpline for 3 days and was unable to speak to anyone. I subsequently sent them a number of emails, but received ZERO reply! I then called and texted one of their managers and was told that he felt sorry to hear that but could not do much about it either.
Some of the configurations on the app are confusing too. Such confusions are like traps that make you make COSTLY mistakes easily.
In short, IG is deteriorating over the recent years. I was a satisfied client for many years. I am turned away by their poor system upgrade and deteriorated customer support.
IG fees are certainly on the high side compared to other platforms in the market. If they provide better customer support, I would feel it's worthy. However, in the past two years, IG has been taking more money from their clients while customer support has been reducing.
1/5
5/5
5/5
5/5
5/5
- Expert opinion: IG reviewed & rated
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.
