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
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Darren Fox @ 05/06/2020 10:48
This company charges way too much for overnight fees , Its not really worth trading with them and when markets are volatile they raise their commission too . You cannot get hold of them by phone at all unless you are trying to signup then miraculously they are available , I am dubious about the reviews on here I think the 5 star one could be fake . RIPOFF
Nuri @ 04/02/2020 07:25
it is a great company offering an amazing product, always in front in terms of offering and technology
Alex Jones @ 02/28/2020 12:49
Best platform to use, fast entry and exit. I usually use Spread betting just for the tax benefits and not the leverage.
Mr Smith @ 08/10/2019 04:24
IG is NOT an options trading platform. It is a spreadbetting / CFD platform. You can only take out CFDs or place spread bets with IG. You never actually own the options that the CFD or spread bet is based on. You are basically just betting on variations in the price of the option.
There are very few advantages to doing this. As option prices vary with the underlying, you may as well just bet on the underlying instead. Betting on the option instead just introduces another layer of complexity.
Saleem Akbar @ 05/09/2019 08:15
I have been with IG for many years, the main reason being I really like their charting software. However, since they have reduced leverage, after the European directive, their spreads have become even wider, probably to make up for the fact that one is forced to use smaller trade sizes. The worse thing currently about IG is the spreads that they apply to Indices and Equities. If they can reduce their spreads then I think it would be the best online broker for sure.
Nicos Dem @ 05/02/2019 12:15
Super satisfied from IG
- 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.
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