Financial Mail - Investors Monthly
IG SOUTH AFRICA
IG SA, A PURE CFD trader, caters extremely well to the active day trader. It provides clients with the chance to trade in more than 16,000 global markets, offering narrow spreads with fast, reliable execution.
IG is the largest provider of CFDs in the world and its success has been founded on developing proprietary technology. It offers four IG trading platforms: its own webbased trading platform; apps for Android and iOS mobile devices; an advanced DMA platform for sophisticated traders; and its recently launched progressive web app, accessed through a mobile browser. In addition, it offers two third-party trading platforms, MT4 and ProRealTime. Clients can also trade through Bloomberg’s Execution Management System.
While it does not provide advice, it does offer comprehensive market analysis, research and other tools at no cost, aimed at enabling clients to make informed trading decisions.
It has approval from the Reserve Bank to offer card services for offshore funding as part of an individual’s single discretionary allowance, which allow clients to fund their offshore IG account using their debit or credit card at zero card fees.
It also offers trading in seven cryptocurrencies including bitcoin, litecoin, ethereum, ripple, NEO, EOS and stellar, as well as a crypto index.
Clients are generally happy and IG receives particularly strong rankings for its mobile offerings and its educational and research support.