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IG Markets Spread Betting Review

#5 of 14 brokers ranked

IG runs one of the oldest spread betting businesses in the UK. It runs it through a different company from the one most people find when they look it up. This review covers what the account costs, how it scores against the rest of our ranking, and which IG entity you are actually dealing with.

🗺️ FCA regulated: IG Markets Ltd (FRN 195355) and IG Index Ltd (FRN 114059), checked 25 Aug 2026

What changed

Updated 5 Sep 2026. Two changes on the day. First, a section inviting readers who have traded with IG to tell us what a new customer should know now sits before the FAQ: a rating, how long they have traded, the markets, one thing to know, and their consent. Submissions are read by the team, only reviews we can verify are ever published, and none are published yet; nothing entered there appears on this page. Second, a head-to-head against CMC Markets now sits under the one against our ranking neighbours. That account does not sit either side of this one in our ranking, readers ask for the comparison and the ranking never produced it, and every cell comes from the same data and renders the same nine rows. No figure changed. Earlier: Updated 3 Sep 2026. Three changes on the day. First, a cost band now opens the page: what a spread bet costs at your stake and bet count against the industry average, computed from the same harvest as the spread table further down. Second, the FCA register entry for the authorised firm was re-read and captured, and the capture sits under the section on who you contract with, beside the licence list; the rail’s section list was cut to the sections readers use. Third, the page moved onto the new review layout: a head-to-head against the two accounts either side of it in our ranking, a dated testing log built from the August datasets, a licence list, a per-bet cost tool on the spread table, and a section carrying the third-party ratings read from the platforms themselves, each with the date it was captured. No spread figure, score or rank changed. Earlier: Updated 30 Aug 2026. Four dated tests were added and none was on the page before: a support question timed to first response, an account opening timed to approval, a withdrawal with its fee and arrival, and both store builds of the app driven on an iPhone and a Pixel. The page also gains IG’s own median fill, where it previously pointed at the timed test without a figure, and IG’s demo terms. The sentence saying we have published no assessment of how these platforms perform is retired, because the app test now measures part of what it disclaimed. No spread figure, score or rank changed.

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  • Minimum deposit£0
  • PlatformsMetaTrader 4, IG Platform, L2 Dealer
  • Avg spread, 9 pairs1.74 pts industry 1.7
  • Spread data1 Aug 2026
IG spread betting review

What Does A IG Spread Bet Cost?

Stake per point
Bets per month
IG1.74 pts, nine-pair average£174.00
Industry average1.7 pts, the same nine pairs£170.00

IG costs £4.00 a month more than the industry average at this stake and bet count

At £5 a point and 20 bets a month on the nine-pair average, a IG spread bet costs about £174.00 in spread, against £170.00 at the industry average: £8.70 per bet beside £8.50. Spreads are IG’s own published averages read for our 1 Aug 2026 harvest, and the industry row is the mean of the accounts we harvest.

Capital at risk when spread betting. A worked figure is not a quote.

Our Verdict On IG

IG scores 86/100 and ranks 5 of 14 because it prices under the industry average on six of the nine pairs we harvest, averaging 1.74 points. It prices above that average on GBP/USD and USD/SGD, so what you trade decides the saving.

How We Scored IG

Our overall score for IG is 86 out of 100. Below is the assessment behind it: IG marked on each of the criteria we score every account against, each one out of 10.

CriterionIG
Trading Cost8 / 10
Trading Experience7 / 10
Trading Platform8 / 10
Trust10 / 10
Range Of Markets10 / 10
Customer Service7 / 10

These marks do not add up to the score above, and they are not meant to.The criteria are weighted rather than totalled. We tested whether any set of weights reproduces our published scores from these marks alone, and none does. The table tells you the shape of the assessment rather than its arithmetic. The one figure on this page you can rebuild yourself is the spread average, from the nine rows in the cost table.

The same six criteria are scored on every account we rank, so a mark here means the same thing as the mark on any other review. Our scoring methodology sets out what each criterion covers, where the data behind it comes from, and which parts of an account we assess rather than test.

For IG specifically, the strongest mark is Trust and the weakest is Trading Experience. That gap is the useful part of the table. Two accounts on the same overall score can be strong in completely different places. The one that suits you is the one scoring well on what you care about.

The Criterion We Publish Least About

IG’s joint-highest mark in the table above is for the range of markets, and this review publishes no total for it. That is not an oversight and it is worth explaining before you read further.

IG states several different instrument counts for its spread betting account, in several different places, on the same day. Our rule is that a count has to come from the spread betting side of a provider’s own site. Spread betting and CFD trading carry different instrument lists at the same firm. That rule tells us which pages to read and cannot tell us which of two figures on those pages to believe, so we publish neither. The per-market counts further down this page are a different matter: each of those comes from the page for the market it names.

Which IG Company You Are Contracting With

Spread bets at IG are placed with IG Index Ltd. That is not the company most people find first, and the difference is the single most useful fact on this page.

IG operates two FCA-authorised companies and its own footer names both: IG Markets Ltd (FRN 195355) and IG Index Ltd (FRN 114059). Here is what our guide to FCA regulation of spread betting says about that entry, and it is the same sentence that page publishes:

two entities are authorised and IG’s own footer cites both: IG Markets Ltd under FRN 195355 and IG Index Ltd under FRN 114059. They are not interchangeable. Spread bets are placed with IG Index Ltd under FRN 114059, and the CFD account sits with the other one. Which entity your terms name depends on which product you opened.

What that means in practice is narrow and worth getting right. Both companies are real, both are authorised, and neither is a warning sign. The point is that a register search returning one of them confirms nothing about the other. The company named in your account terms is the one whose permissions and financial position apply to your money.

Client money at an FCA-authorised firm is held separately from the firm’s own, and negative balance protection applies to retail accounts. The FSCS and the Financial Ombudsman Service are open to you. That is a floor every provider in our ranking clears rather than a reason to choose this one. Our spread betting broker reviews directory records the entity details for every brand we cover.

IG On The FCA Register

IG is two firms on the Financial Services Register: IG Index Limited under firm reference number 114059, status Authorised since 1 Dec 2001 and IG Markets Limited under firm reference number 195355, status Authorised since 1 Dec 2001. We read both entries on 3 Sep 2026, and the captures below are what the register showed that day.

FCA Financial Services Register entry for IG Index Limited, firm reference number 114059: the firm details and firm status panels, status Authorised since 1 Dec 2001, captured 3 Sep 2026
IG Index Limited, FRN 114059, on the FCA Financial Services Register: status Authorised, since 1 Dec 2001. Captured 3 Sep 2026. Source: the firm’s register entry, Financial Conduct Authority.
FCA Financial Services Register entry for IG Markets Limited, firm reference number 195355: the firm details and firm status panels, status Authorised since 1 Dec 2001, captured 3 Sep 2026
IG Markets Limited, FRN 195355, on the FCA Financial Services Register: status Authorised, since 1 Dec 2001. Captured 3 Sep 2026. Source: the firm’s register entry, Financial Conduct Authority.

The capture is the firm details and firm status panels of the entry as the register served them on that date, and the link opens the live entry. The permissions panel is not in it, so this page makes no claim about which regulated activities the authorisation covers. Our regulation guide sets out how to look a broker up on the FCA register.

IG Licence And Terms

Regulator
Financial Conduct Authority (FCA)
Authorised entity
IG Markets Ltd (FRN 195355) and IG Index Ltd (FRN 114059)
Minimum deposit
£0
Guaranteed stops
Offered
Inactivity fee
None

Every row is a value read off the FCA register or IG’s own UK site, with the date of the read held in our broker data. A term IG does not publish has no row.

IG Spread Betting Costs

IG prices below the industry average on six of the nine pairs, level with it on one and above it on two. Its nine-pair average of 1.74 points sits over the 1.7-point industry row.

Spread Cost Per Pair At Your Stake

No sign-up needed
Currency pair IG (pts) Industry average (pts) Spread cost per bet At the industry average Per month Margin to open
EUR/USD 0.85 1 £4.25 £5.00 £85.00 £1,937.33
GBP/USD 1.4 1.3 £7.00 £6.50 £140.00 £2,253.50
EUR/GBP 1.4 1.4 £7.00 £7.00 £140.00 £1,432.83
USD/JPY 0.94 1.3 £4.70 £6.50 £94.00 £2,596.50
AUD/USD 0.82 1.1 £4.10 £5.50 £82.00 £1,799.75
USD/CAD 1.77 1.8 £8.85 £9.00 £177.00 £2,298.50
AUD/JPY 1.79 2 £8.95 £10.00 £179.00 £2,803.75
EUR/JPY 1.97 2.2 £9.85 £11.00 £197.00 £3,018.17
USD/SGD 4.7 3.2 £23.50 £16.00 £470.00 £3,166.50
Average of the nine 1.74 1.7 £8.70 £8.50 £174.00

Spreads are IG’s own published averages, read for our 1 Aug 2026 harvest and updated monthly. The industry row is the mean of the thirteen accounts we harvest, and IG is the tenth-cheapest of them on that measure. Spread cost is the spread multiplied by your stake, charged once when the bet opens. Margin to open is the exposure divided by the FCA retail leverage cap for the pair (30:1 or 20:1), at the Fri 4 Sept 2026 5pm New York close levels; a provider may hold more margin than the cap requires, never less.

Capital at risk when spread betting. A worked figure is not a quote.

Reading That Table

IG beats the industry row on most of the pairs we harvest and loses to it on the rest. Its overall average lands close enough to the industry figure that the pair you trade decides whether this account is cheap for you.

That is a different picture from the one IG presents on its own pricing pages, which lead with minimum spreads. A minimum is the best price on the best pair at the best moment. The table above is an average, harvested monthly, and the two are not comparable. Our harvest methodology sets out how the harvest is run and dated.

Guaranteed Stops At IG

Guaranteed stop-loss orders are available at IG. A guaranteed stop closes your trade at the level you set even when the market gaps straight through it. An ordinary stop cannot promise that, and every provider charges a premium for the difference.

IG charges that premium only if the order is triggered. It varies by asset class and instrument. Two brokers can both offer guaranteed stops and cost you completely different amounts over a year, depending on how often your stops actually fire.

IG publishes a guaranteed stop premium for every instrument in its own spread betting product-details tables, so there is no single figure to put here. These are the ones we have read off IG’s own spread betting product details, in the unit IG states them in. The premium on any other market is on the deal ticket before you confirm the bet.

Market Guaranteed stop premium
FTSE 100 0.8 points
EUR/USD 1.2 pips

Read those against your stake rather than against each other. A premium quoted per point is charged on the size of the bet, so the cost of the protection scales with the position. The table above cannot tell you what it will come to on a bet you have not sized yet.

Our guide to stop-loss orders in spread betting covers how the order type behaves in a gapping market.

What You Trade On

IG runs its own platform alongside third-party software, and the list on our summary table below is the set we have confirmed carries the spread betting account. It is one of the widest platform lists in our ranking, which is part of why IG scores where it does.

IG recorded a median fill of 153ms in our timed testing, across 15 live orders placed between 18 and 27 August 2026. Fill speed is the one exception, and it is measured: a claim about execution speed or app responsiveness needs a dated test with a recorded device and method behind it, and we now publish one for fill speed, timed on live funded accounts and released with its raw rows.

Our app test counts rather than times. It records the taps from a cold launch to a placed order, whether price alerts fire, and whether a guaranteed stop can be placed in the app. We drove both store builds on 22 and 23 August 2026, using an iPhone 15 Pro running iOS 18.6 and a Google Pixel 8 running Android 15. It measures no speed, so no app here carries a responsiveness verdict.

On IG it took four taps to get from a cold launch to a placed order. Price alerts fired on both builds, and a guaranteed stop can be placed in the app itself. Neither build logged a crash or a stall.

IG publishes a demo account, and we read its terms off IG’s own demo page rather than inferring them: £10,000 in virtual funds, checked 26 August 2026.

Our comparison page names the best UK spread betting platform and scores the fourteen accounts on the attributes we can evidence.

What Our IG Service Tests Found

IG answered a live chat on 25 August 2026 in 2 minutes and resolved the query. Account opened 11 August 2026, approved in 3 hours, and a withdrawal on 27 August 2026 cost £0 and arrived the next working day.

IG resolved the question on that contact. All three tests ran on the same live funded account we opened ourselves, and the withdrawal came out of it.

IG Versus Capital.com And ThinkMarkets

The two accounts either side of IG in our ranking, on figures every review on this site renders from the same data. IG takes the first column. Spreads are from the August 2026 harvest, the fill time from the timed execution dataset, and the rest from each account’s own published terms.

FigureIGCapital.comThinkMarkets
Spread Bet Score86/10088/10084/100
Our ranking5 of 144 of 146 of 14
Nine-pair average spread1.74 pts1.63 pts1.29 pts
EUR/USD spread0.85 pts0.6 pts1.1 pts
GBP/USD spread1.4 pts1.3 pts1.1 pts
Median fill, timed153 ms121 ms237 ms
Minimum deposit£0£20£0
Guaranteed stopsYesYesYes
PlatformsMetaTrader 4, IG Platform, L2 DealerMetaTrader 4, TradingViewTradingView, MetaTrader 4, MetaTrader 5

A row where two accounts show the same figure is a tie on that measure, not on the account. The score is set on the criteria we publish, and the table above shows where the difference between these accounts actually sits.

IG Versus CMC Markets

IG against CMC Markets, on the same figures the ranking table uses. This account does not sit either side of IG in our ranking, so the pair is a named comparison rather than one the ranking picked, and every cell is a field each rival’s own review renders in the same form. IG takes the first column. Spreads are from the August 2026 harvest, the fill time from the timed execution dataset, and the rest from each account’s own published terms.

FigureIGCMC Markets
Spread Bet Score86/10062/100
Our ranking5 of 1410 of 14
Nine-pair average spread1.74 pts1.56 pts
EUR/USD spread0.85 pts0.8 pts
GBP/USD spread1.4 pts1.4 pts
Median fill, timed153 ms180 ms
Minimum deposit£0£0
Guaranteed stopsYesYes
PlatformsMetaTrader 4, IG Platform, L2 DealerMetaTrader 4, CMC NGEN

A row where two accounts show the same figure is a tie on that measure, not on the account. The score is set on the criteria we publish, and the table above shows where the difference between these accounts actually sits.

IG Testing Log

Every dated test we ran on this account and every dated read behind the figures on this page, oldest first, from the datasets those figures are rendered from. The log is the evidence trail rather than a summary of it.

DateWhat we did and what we found
Published spreads on the nine pairs read from IG's own site for the monthly harvest. Nine-pair average 1.74 points against the 1.7-point industry row.
Account opened. Approved in 3 hours.
Both store builds driven on an iPhone 15 Pro running iOS 18.6 and a Google Pixel 8 running Android 15: four taps from a cold launch to a placed order, and price alerts fired on both builds.
Support contacted by live chat. Resolved in 2 minutes.
Criterion scores read from our master scoring sheet.
Demo account terms read from IG's own demo page.
Withdrawal requested. Fee £0; the money arrived the next working day.
15 live orders timed between 18 and 27 August 2026. Median fill 153ms, seventh-fastest of the fourteen accounts we timed.

What Other Review Sites Say About IG

How popular is IG in the UK?

IG was the 3rd most searched of the 14 platforms we review in August 2026, on 15,580 branded Google searches from the UK, behind Spreadex. Search interest measures attention, not quality; the score above is the review verdict.

3of 14Search interest rank
15,580
Brand searches, August 2026
+19.4%
vs July 2026
1,900
Login searches
12.7%
Share of all searches

Source: Google search volume, the UK, August 2026.

How this is measured

Google Ads reports how many times a month people in the UK searched each platform’s brand terms, and the platforms are ranked on that figure alone.

A term counts for a platform only when that platform’s own website holds the first organic Google result for it in the UK; bare brand words that any company could own are left out.

A month-on-month change prints only where the previous month reached 1,000 searches, because Google rounds smaller volumes.

The figures refresh on the 15th of each month with the newest month Google has published, and the first-result check repeats every quarter.

These are IG’s ratings on the platforms below, each read on the date shown and stated in that platform’s own scale. They are other people’s ratings, gathered on those sites’ own terms, and we publish them so you can weigh them against ours.

Platform Rating Volume Read on
Trustpilot 3.7 out of 5 9,987 reviews 3 Sep 2026
Apple App Store 4.6 out of 5 33,777 ratings 3 Sep 2026
Google Play 4.3 out of 5 23,031 ratings 3 Sep 2026
TradingView 3.9 out of 5 1,076 reviews 3 Sep 2026
IG’s Trustpilot profile, read 3 Sep 2026: 3.7 out of 5
IG’s Trustpilot profile, captured 3 Sep 2026. We recapture these monthly, so the figure in the table is the one the platform showed on that date rather than a number typed in once and left to age.
IG’s Apple App Store listing, read 3 Sep 2026: 4.6 out of 5
IG’s Apple App Store listing, captured 3 Sep 2026. We recapture these monthly, so the figure in the table is the one the platform showed on that date rather than a number typed in once and left to age.
IG’s Google Play listing, read 3 Sep 2026: 4.3 out of 5
IG’s Google Play listing, captured 3 Sep 2026. We recapture these monthly, so the figure in the table is the one the platform showed on that date rather than a number typed in once and left to age.
IG’s TradingView profile, read 3 Sep 2026: 3.9 out of 5
IG’s TradingView profile, captured 3 Sep 2026. We recapture these monthly, so the figure in the table is the one the platform showed on that date rather than a number typed in once and left to age.

Our own score is set on the six criteria we publish and is not influenced by any third-party rating. A high rating on a review platform and a low mark here can both be true of the same account, because they measure different things.

IG At A Glance

Every row below is a value we read on IG’s own UK site or hold in our broker data with a source and a date beside it. An attribute IG does not publish has no row here, because the alternative is a number we would be guessing.

🗺️ FCA regulated IG Markets Ltd (FRN 195355) and IG Index Ltd (FRN 114059)
💰 Minimum deposit £0
💷 Minimum stake Varies by market: £0.50 a point on the FTSE 100 and GBP/USD, £1 on gold and £0.06 on Apple
📊 Spread bet platforms MetaTrader 4, IG Platform, L2 Dealer
💱 Inactivity fee None
🛡️ Guaranteed stops Available

What You Can Bet On

IG publishes these counts on its own market pages. They are the figures it states rather than counts we made, and each one covers the market it names.

  • Forex pairs: 80+
  • Indices: 69
  • Commodities: 35

The market rows above are the counts IG publishes for each of those markets individually, and each one is taken from the page IG publishes it on. There is no total, for the reason set out at the top of this page. If you want a single number to compare accounts on, our guide to spread betting markets covers what the counts do and do not tell you.

Our IG Video Review

Our own video review of the IG spread betting account, from the SpreadBet channel.

From the Spread Bet UK YouTube channel, where we publish our video reviews of UK spread betting accounts.

IG Pros And Cons

Pros

  • Below the industry average on six of nine pairs
  • EUR/USD at 0.85 points against a 1-point average
  • No minimum deposit

Cons

  • Above the industry average on two of nine pairs

Each line is a field in our broker data with a source and a date behind it, not an impression. Where IG does not publish an attribute, that absence is listed as a cost rather than left blank.

That list is shorter on one side than the other. Our cons come from fields our broker data can point at, and on this account most of those fields hold a good value or a published one. The honest additions our data cannot express are on this page rather than in the list. They are the entity split above, the instrument count we will not publish, and a cost picture that turns on which pairs you trade.

Your Experience With IG

If you have traded with IG, tell us what a new customer should know. Submissions are read by the team. Only reviews we can verify are ever published, and none are published yet. Nothing you enter here appears on this page.

Your rating of IG

1 is poor, 5 is excellent.

Markets you traded

We are paid when a reader visits a partner site. Reviews are never paid for and never edited for a broker.

IG Spread Betting: FAQs

Which company do you contract with when you spread bet at IG?

IG Index Ltd, under Firm Reference Number 114059. IG operates a second authorised company, IG Markets Ltd under FRN 195355, and that one holds the CFD accounts. Both are named in IG’s own footer and both are real. Finding one of them on the FCA register is not evidence you have found the company your spread betting account sits with.

How many markets can you spread bet on at IG?

We do not publish a figure, because IG publishes more than one. Its own spread betting page carries two different totals in two places, and a general trading page carries a third, all live on the same day. Our rule is to take an instrument count from the spread betting side of a provider’s site, and that rule cannot choose between two figures that are both on it. IG’s per-market counts are on this page and each one covers the market it names.

Does IG charge for a guaranteed stop-loss order?

Only if the order is triggered. IG states on its own charges page that a guaranteed stop is optional and that the premium is charged only when the stop fires. The premium varies by asset class and instrument. The rate for any given market is in IG’s spread betting product-details tables and on the deal ticket before you confirm the bet.

Are IG spread betting profits tax-free in the UK?

For most UK individuals, spread betting profits are free of Capital Gains Tax and the bets carry no Stamp Duty. That position applies at every FCA-authorised spread betting provider rather than being specific to IG. Tax treatment depends on your individual circumstances and can change, so you should seek professional tax advice if you are unsure.

Opening An IG Spread Betting Account

IG suits a reader who wants a wide market list and a choice of platforms. It suits you if you are comfortable that the cheapest account for your particular pairs might be somewhere else. It suits you less if cost on a particular pair is the whole decision, and the table above will tell you which of those you are.

Whatever you decide, check the company name on the account terms against the FCA register before you fund anything. The section on entities above tells you what you are looking for.

Spread betting is leveraged, and losing more than you intended to risk is the ordinary outcome for most people who try it. If you came here for one market rather than for the account, our pages on spread betting indices and FTSE 100 spread betting cover how those bets are priced. Spread betting and tax covers where the UK exemption stops.

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69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

Your capital is at risk. Spread betting is leveraged, so losses can exceed the amount you set out to risk on a bet. This page is not financial or tax advice.

About The Author

Justin Grossbard, co-founder of Spread Bet UK
Justin Grossbard

Justin Grossbard co-founded Spread-Bet.co.uk with Noam Korbl in 2024, and co-founded the broker comparison network CompareForexBrokers with him in 2014. He has been investing since 1998 and actively trading since 2014, and has written on forex and CFD trading for Kiplinger, Entrepreneur, Finance Magnates and MoneyShow since 2019.

IG69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
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