IG review: is it safe for gold trading?

Is IG safe?

IG is a 52-year-old broker headquartered in London, UK, with a listed parent (LSE: IGG). The group has 8 regulated companies (FCA, BaFin, ASIC, MAS, JFSA, FSCA, DFSA, BMA). How safe it is for you depends on which one opens your account: in 7 of the 22 countries we cover that is a Tier 1–2 regulated company. Elsewhere it is IG International Ltd (BMA, Tier 3 · moderate).

Regulation and licences

Each regulator name links to its own public register. Search the exact company name from your account agreement there before you deposit. How to verify a licence

Which company holds your account

IG assigns clients to different companies depending on where they live. This is the company, regulator and score you would get in each country we cover.

Trading gold with IG

Platforms

MT4, TradingView, Own platform

Minimum gold order

0.01 lot (1 oz)

Swap-free account

No

Minimum deposit

Not published

Round-trip cost, 1 lot XAUUSD

Not measured yet

Spread widening at NFP

Not measured yet

Withdrawal time

Not measured yet

Overnight swap, 1 lot long

Not measured yet

Cost, news-spread and withdrawal tests run on live accounts from our gold cost lab. Results appear here as each broker is tested. Gold pip value calculator · Margin calculator

Fees, deposits and withdrawals

What the broker publishes about deposits, withdrawals and fees. These are the broker’s own terms, collected from independent reviews and the broker’s pages, not our lab measurements.

Minimum deposit

None by bank transfer; card minimums depend on account currency

Inactivity fee

12 GBP a month after 24 months without activity

Deposit fee

None from broker

Withdrawal fee

None from broker; minimum withdrawal 100 unless balance is lower; 0.5% currency conversion where relevant

Withdrawal time

Up to five business days to arrive, depending on method

Account types

CFD account (spread only) · Spread betting, share dealing, ISA/SIPP in the UK

Raw account commission

No raw-spread commission account for forex/gold

Payment methods

Bank transfer · Visa/Mastercard · PayPal (some regions) · FPS (Hong Kong)

• Publishes execution statistics
• Not available in several countries including Canada, Belgium, Poland and Spain (per DailyForex)

Checked 2026-11-05. Terms change; confirm on the broker’s site before you deposit.

Regulatory record

• Compensated breach2023 · ASIC · IG Markets Limited / IG Australia Pty Ltd

  One of seven CFD issuers that broke Australia's leverage limits (self-reported) and compensated clients; AUD 4.3m paid across the group

  Source ↗

• Fine2018 · AMF (France) · IG Markets Ltd (French branch)

  EUR 500,000 fine for misleading information on CFDs and binary options and weak trade-recommendation disclosures

  Source ↗

Fines and regulator orders in the last five years reduce the protection score: −4 each, up to −12. Self-reported breaches that were compensated, and public warnings, are shown but not scored.

Score breakdown

For clients in countries without a local licence (account held by IG International Ltd): 57 / 100 · Measured so far: 45 of 100 weight points

Full methodology and data rules →

Pros and cons

What traders say

The Trader Voice score sits beside our expert score and is never mixed into it. It combines public review scores with ratings from our own readers.

Trustpilot scores reflect who a broker invites to review, so we temper them with the share of one-star reviews. Reader ratings count after an account is 72 hours old; one rating per account per broker. Full methodology and data rules

Trader evidence

What readers report from their own accounts: how long withdrawals took, complaints whose evidence our editors checked, and corrections to our data. Nobody can pay to remove a complaint.

Questions

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