Is IG Good For Day Trading?

The IG web platform is well-suited for day traders because it has an intuitive interface and provides comprehensive market data, which help traders to find favorable trades. The broker also offers a robust range of education for beginners and expert traders alike.Is IG Good for Day Trading?

The company’s registration process starts with a short financial aptitude test that should not present any issues for most people. After this, you’ll need to verify your account by uploading documents such as a valid passport or driver’s license, proof of address and bank statement. After the verification is complete, you can start trading and withdrawing funds. IG accepts various funding methods such as debit cards and PayPal, though minimum thresholds do apply depending on your account’s currency denomination.

Is IG Good for Day Trading? A Detailed Perspective

IG’s research section is particularly strong and offers a great range of high-quality third-party resources. These include TipRanks which delivers stock market research in a consumer-friendly format, and Autochartist which provides trading signals based on chart patterns. The platform also integrates with ProRealTime for a richer technical analysis experience. IG’s community research is curated by the company and features content such as client sentiment, trading activity, news, and analysis.

The broker has a reputation for excellent customer service and provides support via phone, email and live chat. The latter is especially useful if you need to make a quick decision on a trade or you’re having trouble with the software. The company advertises 24/7 support, but it can take several minutes to connect with an agent at peak times.