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IG provides five different account types – the IG International Account, IG Domestic Account, IG International Demo, IG Domestic Demo Account, and IG Corporate Account. The minimum deposit amount recommended to register an IG Group live trading account is USD 200.
| 🔎 Account | 🥇 International |
| 🌎 International Markets | 17,000 Markets |
| 💳 Instant Online Funding | Credit or Debit Card |
| 🤝 Dedicated Local Support | Johannesburg Based Team |
| 📈 Spreads | Tight Spreads |
| 📊 Deep Liquidity | 📊 Deep Liquidity |
| 🚀 Open an Account | 👉 Click Here |
Overall Rating Min Deposit USD 0 Regulators FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF Trading Platform MT4 Crypto Yes Total Pairs 80 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
IG Account Types – Key Point Overview
- ☑️ Overview
- ☑️ International Account Overview
- ☑️ How to Open an IG International Account
- ☑️ Demo Account
- ☑️ Corporate Accounts
- ☑️ Conclusion
- ☑️ Frequently Asked Questions
Overview
IG provides a variety of account types designed to meet the needs of different traders, though it does not offer Islamic or Swap-Free Forex trading options. Nonetheless, its range of accounts—including IG International and Domestic Accounts, as well as Demo and Corporate accounts—caters to a wide spectrum of trading preferences. Regulated by prestigious authorities such as the FCA and ASIC, IG ensures a safe and dependable trading environment.
With its intuitive platform, competitive spreads, and multiple funding options, IG continues to be a reliable choice for both beginners and seasoned traders alike.
Frequently Asked Questions
Does IG offer Islamic or Swap-Free accounts?
No, IG does not offer Islamic or Swap-Free Forex trading accounts.
What account types are available at IG?
IG offers five account types: the IG International Account, IG Domestic Account, IG International Demo Account, IG Domestic Demo Account, and IG Corporate Account.
What is the difference between Domestic and International accounts?
Domestic accounts are tailored for traders within a specific country, while International accounts provide access to global markets and a wider range of assets.
Can I open a demo account at IG?
Yes, IG offers both Domestic and International Demo Accounts for traders to practice without risking real funds.
Our Verdict
IG is a trusted and well-established trading provider in South Africa, offering a range of intuitive platforms and access to thousands of global markets. With its local presence in Sandton, regulatory oversight, and user-friendly tools, IG is an excellent choice for both new and experienced traders in South Africa looking to access global financial markets with confidence.
Overall Rating Min Deposit USD 0 Regulators FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF Trading Platform MT4 Crypto Yes Total Pairs 80 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
International Account Overview
IG offers five distinct account types to suit various trading needs: the IG International Account, IG Domestic Account, IG International Demo Account, IG Domestic Demo Account, and IG Corporate Account. To open a live trading account with IG, the recommended minimum deposit is USD 200.
The IG International Account grants access to global markets, in compliance with requirements set by the South African Reserve Bank. Upon completing the application for an IG International account, traders will automatically receive a corresponding domestic account. This dual account setup allows investors to trade both local and international markets. However, it is at the discretion of the trader whether or not they choose to fund both accounts.
Frequently Asked Questions
What account types are available with IG?
IG offers five account types: IG International Account, IG Domestic Account, IG International Demo Account, IG Domestic Demo Account, and IG Corporate Account.
What is the minimum deposit required to open an IG account?
The recommended minimum deposit for a live trading account with IG is USD 200.
What is the benefit of having both an International and Domestic account?
Having both account types allows traders to access both local and international markets, providing greater flexibility and trading opportunities.
Do I need to fund both my International and Domestic accounts?
While you will receive both an International and Domestic account, it is up to the trader to decide whether or not to fund both accounts.
Our Verdict
IG’s diverse account offerings, including International and Domestic options, provide flexibility for traders looking to access both local and global markets. While the minimum deposit of $200 USD makes it accessible to many, the added benefit of a Demo account for each account type allows traders to practice and refine their strategies. With a user-friendly platform, competitive pricing, and strong regulatory oversight, IG remains a solid choice for traders of all levels.
Overall Rating Min Deposit USD 0 Regulators FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF Trading Platform MT4 Crypto Yes Total Pairs 80 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
How to Open an IG International Account
1. Step 1: Create a Live Account
Start the application by clicking on the green “Create Live Account” button located on the landing page or throughout the website in the header of the page.
2. Step 2: Registration Form
The applicant must start setup by supplying general information including a valid email address and country of residence.
3. Step 3: Complete Personal Information
The next step will need more personal information to be added, including the applicant’s direct contact details and identification number.
4. Step 4: Adress Details
The applicant must complete their address details to move on to the final steps of the registration process.
5. Step 5: Financial Information
The second last step is to complete Financial details, including the applicant’s annual income and employment history.
6. Step 6: Trading History
In the final step, Applicants must provide their trading history. Once this step has been completed, the application can be saved and closed.
Overall Rating Min Deposit USD 0 Regulators FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF Trading Platform MT4 Crypto Yes Total Pairs 80 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Demo Account
IG offers two free demo trading accounts for beginners to start training forex trading in a 100% risk-free environment. The Demo account expires after 30 days but can be set to non-expiry upon request.
IG Domestic Demo Account
| 🔎 Account | ✅ Domestic Demo |
| 💳 Virtual Funds | R1,000,000 ZAR |
| 📌 Markets | SA Stocks, ETFs, 40 |
| 🚀 Open a Demo Account | 👉 Click Here |
IG International Demo Account
| 🔎 Account | ✅ International Demo |
| 💳 Virtual Funds | £10,000 |
| 📌 Markets | 17,000 + |
| 🚀 Open a Demo Account | 👉 Click Here |
Frequently Asked Questions
How many demo accounts can I open with IG?
IG offers two free demo trading accounts for new traders to practice and improve their trading skills.
Do demo accounts have an expiration date?
Yes, the standard demo account expires after 30 days, but you can request a non-expiry option if you wish to continue practicing without a time limit.
Can I trade live after using a demo account?
Absolutely. Once you’re comfortable with the demo account, you can transition to a live account by making a deposit and trading with real money.
Are demo accounts exactly like live accounts?
Yes, IG’s demo accounts mirror the features of live trading accounts, so you can get a feel for the platform, test strategies, and familiarize yourself with market conditions without risking real funds.
Our Verdict
IG’s demo trading accounts are a great resource for beginners to gain hands-on experience and build confidence in trading. With two free accounts available and the option for non-expiry, new traders can take as much time as they need to practice before diving into live trading.
IG’s commitment to providing a risk-free environment for learning, combined with its user-friendly platform, makes it an ideal choice for those looking to start their trading journey.
Overall Rating Min Deposit USD 0 Regulators FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF Trading Platform MT4 Crypto Yes Total Pairs 80 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Corporate Accounts
IG provides tailored trading solutions for both institutional and retail corporate clients, offering access to advanced technology, a vast selection of tradable markets, and dedicated customer support. Additionally, IG offers a Retail Corporate Account for retail traders who wish to trade through a corporate structure without needing to be classified as institutional clients.
Frequently Asked Questions
What is a Retail Corporate Account at IG?
A Retail Corporate Account allows retail traders to trade through a corporate structure, offering benefits such as additional account features and the ability to trade with a business entity rather than as an individual.
Who can open an institutional account with IG?
Institutional clients, such as hedge funds, asset managers, and large-scale traders, can open institutional accounts, which provide access to specialized services, advanced trading tools, and deeper liquidity.
What are the benefits of a Retail Corporate Account?
Retail Corporate Accounts provide retail traders with more flexibility and advanced features, such as increased risk management options and the ability to trade under a corporate structure, without the need to be classified as an institutional client.
How does IG support institutional and corporate clients?
IG offers powerful trading technology, access to over 17,000 markets, and personalized support to ensure that both institutional and corporate clients receive the tools and assistance they need to succeed in trading.
Our Verdict
IG offers robust trading solutions for both institutional and retail corporate clients, with a variety of account options to suit different needs. Retail traders looking for the flexibility of a corporate structure without the complexity of institutional accounts will find the Retail Corporate Account a valuable option.
Combined with IG’s cutting-edge technology and extensive market access, this makes IG a strong choice for corporate traders seeking a reliable and scalable platform.
Conclusion
IG’s wide selection of account types offers flexibility for both retail and institutional traders, with options to access both local and international markets. Its user-friendly platform, robust regulatory oversight, and risk-free demo accounts make it an excellent choice for both beginner and experienced traders.
Frequently Asked Questions
What account types are available with IG?
IG offers five account types: IG International Account, IG Domestic Account, IG International Demo Account, IG Domestic Demo Account, and IG Corporate Account.
What is the minimum deposit required to open an IG account?
The recommended minimum deposit to open a live trading account with IG is USD 200.
What’s the difference between Domestic and International accounts?
Domestic accounts are designed for traders within a specific country, while International accounts provide access to global markets, allowing traders to diversify their portfolios across international assets.
Can I open a demo account with IG?
Yes, IG offers both Domestic and International Demo Accounts, which are free for beginners to practice in a risk-free environment.
Do IG’s demo accounts expire?
Standard demo accounts expire after 30 days, but you can request an option for non-expiry if you wish to continue practicing without a time limit.
Can I switch from a demo account to a live account?
Yes, once you feel comfortable using the demo account, you can switch to a live account by making a deposit and begin trading with real funds.
What is the benefit of having both International and Domestic accounts with IG?
Having both accounts gives you access to both local (domestic) and international markets, offering greater flexibility and a broader range of assets to trade.
What is a Retail Corporate Account at IG?
A Retail Corporate Account allows retail traders to trade under a corporate structure, providing advanced features and increased flexibility without the need to be an institutional client.
Who can open an institutional account with IG?
Institutional clients such as hedge funds, asset managers, and large-scale traders can open institutional accounts to access specialized services, advanced trading tools, and deep liquidity.
How does IG support corporate and institutional clients?
IG provides institutional and corporate clients with powerful trading technology, a wide range of tradable markets, and personalized support to meet the unique needs of business and large-scale traders.
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