IG Group Review 2026
The full IG Group write-up for Singapore traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Singapore
| Regulator | MAS MAS, Monetary Authority of Singapore (MAS) |
| Licence Number | 200510021K |
| Regulated Entity | IG Asia Pte Ltd |
| Max Leverage (Forex) | 1:20 |
| Minimum Deposit | $0 |
| EUR/USD Spread | From 0.6 pips |
| Instruments | 17,000+ |
| Platforms | IG Platform, MT4, ProRealTime |
| Copy Trading | ✗ |
| Real Stocks | ✓ |
| Inactivity fee | Inactivity fee: GBP12/month after 2 months |
| Verify on MAS register → | 200510021K |
Verdict
Cooks under MAS (licence 200510021K). Cover charge $0. In Singapore, forex leverage is capped at 1:20.
About IG Group
IG Group opened its doors in 1974 out of a kitchen in London, UK. Its menu runs to 17,000 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. IG Group trades publicly on the LSE:IGG. It holds licences across several jurisdictions, with the head licence carried by IG Asia Pte Ltd under MAS.
In Singapore, IG Group serves as IG Asia Pte Ltd, cleared by MAS under licence number 200510021K. Under MAS house rules, Singapore traders are poured no more than 1:20 leverage on forex pairs.
Trading Platforms
Pros
- MAS regulated, licence 200510021K
- 17,000+ instruments to trade
- Negative balance protection in Singapore
- Platforms: IG Platform, MT4, ProRealTime
- Real stock ownership (not CFD)
- Founded in 1974 (52 years operating)
- 17,000+ instruments, one of the widest menus reviewed
Cons
- Inactivity fee: GBP12/month after 2 months
- 70% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
Key Facts, IG Group
- Oldest CFD broker in the world, founded London 1974 as IG Index
- Listed on London Stock Exchange (ticker: IGG), £2.8bn market cap as of 2026
- Offers share dealing, ISA and SIPP accounts alongside CFD/spread betting, rare for a CFD broker
Known Limitations
- Spreads on minor/exotic pairs significantly wider than raw-spread ECN brokers
- Complex fee structure with tiered commissions on shares
- Platform can be overwhelming for beginners
Frequently Asked Questions
Is IG Group regulated?
Yes. IG Group is authorised by MAS, issued to the entity IG Asia Pte Ltd, an authorisation you can look up for yourself on the official MAS public register.
What is the minimum deposit for IG Group in Singapore?
The cover charge is $0, the smallest amount Singapore traders need to open a live account with IG Group under MAS rules.
What leverage does IG Group offer in Singapore?
In Singapore, MAS rules cap IG Group at 1:20 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is IG Group safe to trade with?
The kitchen passes inspection: IG Group cooks under MAS. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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