How to open account on IG.
You can expect a very easy, smooth and professional process to open your account with IG. All you need is an email or a social platform login
You don't want to wast time, so do they. therefore, you will get your account opened in 1-3 day.
You can immediately use your demo account.
However, if you decide to move forward as a trader and work with real money and real shares or trades, get ready to provide your passport or ID along with proof of residency (something like a utility bill or bank statement).
As you can see in the image below, you will be prompted with easy to use wizard for getting onboard with IG.
in brief follow these 7 steps for account opening at IG:
1. Get ready with you email address
2. Select the country of residency.
3. Provide demographic data
4. Choose your preferred online trading platform
5. Select your account type & base currency.
6. Explain your trading experience and provide employment history
7. Provide identity and residency proof for activation.
Tip about away times:
You can set alerts and notifications on IG and customise it. For instance, your alert can be set for a time that an asset reaches certain price target, or for fulfilment of order.
No matter you use web or mobile trading tools, you can get different kind of notifications.
I will put it simply, whether you need a pie chart, or list of assets, you can easily generate it and track the performance of your portfolio in IG, It's kinda easy and you can see a structured cash flow and other financial related reports.
IG offer news feed and it is pretty engaging.
Finally, Research & Education
Alright, if you are looking for fancy videos and a lot of videos to begin with, apart from top 10 best blog, you can use IG education repository as they offer plenty of pages and videos about trading and the tools, guides and articles. (We do not offer investment advice and guarantees).
IG education is Great. You will get a demo account and sufficient balance to begin practicing, Access to vides, and webinars is another advantage.
IG offers a trading academy for Basic, Intermediate, Expert, and premium users.
The Research part is also strong. for instance, they have a feature called 'Market sentiment' that illustrates the log and short positions of percentage of the clients.
IG offers one more fancy tool called the 'Heatmap,' that visually shows the winners and losers.
On the Contrary, when it comes to research it offers decent technical analysis tools (in 21 languages) that engages you with good UI and user friendliness environment, nice interactive charts, and some recommendations about analysis and ideas on trading.
The charts and charting feature is pretty good. Please remember that IG's fundamental data is very limited, and it does provide just a few trading ideas.
After careful evaluation, we believe IG is not only among top-tier CFD and forex brokers in 2020, it can be positioned among top 3.
Couple of reasons could be it's regulation, as it is supervised by several financial authorities globally.
A decent research and educational resource, along side reputable history makes it safe to trade with.
Good thing is that IG's fees on forex are low, and they allow you to withdraw for free and it's done pretty fast. No need to talk about the fully automated account opening process.
On the negative side, IG's stock CFD fees are rated as high. IG is good for FX and CFDs in many countries but does not offer much of other options to trade, especially if you are outside Europe.
Best Online broker for CFD & Forex Trading