Profile
This IG US review covers the broker’s regulatory status, forex offering, platform features, and protections tailored to US-based traders. Operated by IG US LLC, it is one of the few non-dealing desk forex brokers legally operating in the United States, offering competitive spreads and institutional-grade execution under strict CFTC oversight.
Regulation and Safety
IG US LLC is fully licensed and regulated in the United States:
- NFA (National Futures Association): Member ID 0509630
- CFTC (Commodity Futures Trading Commission): Registered Retail Foreign Exchange Dealer (RFED)
IG US complies with stringent CFTC requirements, including minimum capital requirements, strict leverage caps, anti-money laundering laws, and annual audits. All client funds are held in segregated accounts in top-tier US banks.
Execution Model and Trading Platforms
IG US uses a No Dealing Desk (NDD) execution model:
- Execution: True STP/NDD with deep liquidity
- Platforms: IG proprietary platform, MetaTrader 4
- Access: Web, desktop, mobile (iOS/Android)
- FIX API: Available for institutional partners
- VPS: MT4 VPS available via third-party partners
Markets and Instruments
IG US is a forex-only broker due to US regulatory restrictions:
- Forex: 80+ major, minor, and exotic pairs
- Other markets: Not offered to US clients (no CFDs, indices, crypto, or stocks)
Accounts, Spreads and Leverage
IG US offers a single forex trading account for retail traders:
- Account type: Individual or joint forex account
- Minimum deposit: $250
- Spreads: As low as 0.8 pips on EUR/USD
- Commission: No additional commission (costs built into spread)
- Leverage: Maximum 1:50 (per CFTC regulation)
- Stop-out level: 50%
Funding and Base Currencies
IG US accepts USD as the sole base currency:
- Funding methods: ACH transfer, wire transfer, debit card
- Withdrawals: Bank wire or ACH transfer
- Processing time: 1–3 business days
Client Protections and Features
- Client funds segregated in US bank accounts
- 2FA login and encryption on all platforms
- Regulated by both the NFA and CFTC
- Full audit trail and monthly account statements
- No FSCS-style compensation (not provided under US law)
Institutional and Retail Offering
- Retail: Forex-only trading with MT4 and IG platforms
- Institutional: FIX API access, liquidity routing, and white-label forex solutions
- Professional: Not applicable under CFTC/NFA framework
Pros and Cons
Pros
- Regulated by NFA and CFTC
- No Dealing Desk (NDD) forex execution
- 80+ currency pairs with tight spreads
- Supports MT4 and proprietary platform
- FIX API access for institutions
Cons
- No CFDs, stocks, or crypto due to US regulations
- USD is the only base currency
- Minimum deposit higher than some US competitors
Frequently Asked Questions
Is IG US regulated?
Yes, IG US is regulated by both the CFTC and the NFA under license ID 0509630.
What markets can I trade with IG US?
IG US offers forex trading only. CFDs, crypto, and stocks are not available to US clients.
What platforms does IG US support?
IG US provides MetaTrader 4 and its proprietary browser and mobile platforms for trading.
What is the leverage cap for US clients?
The maximum leverage allowed is 1:50, in accordance with CFTC regulations.
How can I fund my IG US account?
Funding methods include ACH transfer, debit card, and domestic wire transfer. Only USD is accepted.