I've been an IG user from Singapore for few years and I am still a user till today. Reason being their withdrawal request takes only hours if I requested it in the morning on a business day.
I'm not sure about accounts from other countries. However why I rated it as 3 stars is because they caused me to suffer huge losses 4 months ago. I bought Facebook on the day they were going to announced their earnings.
IG has Facebook as an All Session stock. I had a stop loss of pretty low and I was confident it was never going to hit the stop loss. However as soon as market close, it immediately hit the stop loss and a few mins later, shot up sky high. This is due to the queue on the bid and ask pricing. They were very far apart as it's the after market session. This is not the first time it happened and I have avoided using IG for stocks purchases.
I now use them for cryptocurrency trading. They are a good company imo still. I've been using IG for years and I've never had any problems, both in payouts and in many executed drawings. Only small problem of having a limited number of tools with options on forex.
I second the previous review. But returning your money They ask your for your bank statement with bank logo, name, address etc AND proof of the wire transfer. The explanation - they are required to do this by their regulators!
I told them to look for this info in their own bank statement as ALL wires include source. Their reply - Barclays does not provide them with that information: Now I'm sorry but such lame lies I have not heard from a 5 year old. How interesting they don't ask you for this when you deposit but only on withdrawal.
So yes they try to keep your money at all costs. Now it gets even worse. Not only did they do this to me. So they say to contact their "credit" department and make payment on the account. There is no better way to say this. I have very bad and bitter experience with IG. They are trumendously expensive and thus they have a very bad execution conditions! Opened an account with ig. Most of the time cannot execute any market order through their MT4 platform even when i widened the slippage settings, thus I suspect they are trying to force profitable traders away.
IG Singapore is a cheating broker I have complains never resolved. Market makers simply do not have retail client's wishes at heart. They will execute against you until your account is run dry. A typical response one gets from these firms - "We have to many clients, we cannot monitor every account on a minute by minute basis".
From a [company name withheld] dashboard, a client is given complete control over what type of data they want to collect via a series of tick boxes - another patented process. They can also choose where they want the data fed into - including a range of third-party applications that assist in analysing and visualising data, providing real-time analysis, decision-making and modelling.
Amazon, and several financial firms contract to the above mentioned company. So next time the price on your intend Amazon purchase doubles, after you have gone to make a cup of tea, you now know.
A list of market makers in the UK include: One Friday morning, some months ago, I sat myself down at my trading desk, wishing to answer simple question -- "Am I really such a poor trader? IG has some good points, and some bad points They have a ton of requotes!!!!!
I have more than per week!!! They basically blame it on a slow connection???? I am trading with 10 different brokers from the same point, all london based, and I only have issues with IG. I'm not too keen on recommending them, even though I have nothing outside of requotes at this point to call a huge negative either Will keep on updating this thread. Other websites of this compay include IGForex.
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