IG

IG is one of the world’s most reputable online brokers, offering decades of experience, regulatory strength, and unmatched market depth. Founded in 1974 and listed on the FTSE 250, IG has built a strong international presence, including a growing client base in Nigeria, particularly among serious traders and investors seeking access to global markets.

With over 17,000 instruments across forex, stocks, ETFs, indices, commodities, options, and cryptocurrencies, IG delivers some of the broadest market access available to retail traders today. While its initial deposit requirement is higher than most entry-level brokers, it justifies this with professional-grade tools, tier-1 regulation, and institutional-level infrastructure.

Why IG Appeals to Nigerian Traders

IG may not be the first choice for beginners with small capital, but for intermediate and advanced Nigerian traders, it offers unparalleled resources. The platform is best known for:

  • Depth of markets – One of the few brokers that allow retail clients to access thousands of global instruments from a single account
  • Advanced technical tools – IG’s platforms are rich in charting features, indicators, and analytics
  • Strong educational backing – In-depth research, market reports, webinars, and trading courses
  • Tier-1 regulation – Authorized by FCA (UK), ASIC (Australia), FSCA (South Africa), and more

IG is especially suited to Nigerian professionals who trade actively or are managing diversified portfolios.

Why IG Appeals to Nigerian Traders

Key Features for Nigerian Traders

  • FTSE 250-Listed Broker – Publicly traded and financially transparent
  • 17,000+ Markets – Access forex, global stocks, ETFs, commodities, options, and more
  • Proprietary and Third-Party Platforms – IG Trading Platform, MT4, and L2 Dealer
  • Advanced Charting Tools – Includes Autochartist, ProRealTime, and API access
  • Direct Market Access (DMA) – Via L2 Dealer for advanced execution and liquidity
  • Educational and Analytical Tools – Market commentary, economic calendar, live sessions
  • FSCA-Regulated – African clients benefit from regional legal coverage

Available Instruments

Asset ClassExample Markets
ForexEUR/USD, GBP/NGN, USD/NGN, USD/ZAR
StocksUS, UK, EU, Asian equities
ETFsGlobal sector and theme-based ETFs
IndicesFTSE 100, S&P 500, DAX, Nigeria All-Share
CommoditiesGold, Oil (WTI/Brent), Natural Gas
OptionsVanilla and barrier options
CryptoBitcoin, Ethereum, Litecoin, and more

Nigerian traders looking for multi-asset exposure will find IG particularly beneficial for long-term portfolio management and speculative short-term trading.

Trading Platforms Overview

Trading Platforms Overview

IG offers a suite of professional trading platforms for desktop, web, and mobile:

  • IG Trading Platform – Proprietary interface with real-time charting, alerts, and signals
  • ProRealTime – For in-depth technical analysis and strategy automation
  • MetaTrader 4 (MT4) – Classic interface with EA support and indicators
  • L2 Dealer – Direct Market Access for equity traders seeking tight spreads and high-volume execution
  • Mobile Apps – iOS and Android apps with full account access and live trading features

All platforms are integrated with IG’s extensive research tools and come with free demo accounts.

Account Funding and Availability in Nigeria

While IG does not yet offer NGN-based accounts, Nigerian traders can fund accounts via:

  • Debit/Credit Cards (Visa, Mastercard)
  • International bank transfers
  • E-wallets like PayPal and Skrill (subject to region)

Though local funding options are limited, the broker’s reputation and market access compensate for this with top-tier service and security.

Education and Market Research Tools

IG places a strong focus on trader education and market intelligence. Nigerian clients can benefit from:

  • IG Academy – Structured trading courses for all experience levels
  • Daily technical and fundamental analysis
  • Live webinars and trading walkthroughs
  • Economic calendar and earnings reports
  • Professional market commentary

This is a major advantage for Nigerian traders seeking to build institutional-level knowledge and decision-making skills.

Security, Trust, and Regulation

IG is one of the most regulated brokers in the world, authorized by:

  • FCA (UK) – Financial Conduct Authority
  • ASIC (Australia)
  • FSCA (South Africa)
  • MAS (Singapore)
  • NFA (USA) (limited services)

It is also a publicly traded company listed on the London Stock Exchange, providing full transparency into its operations. Traders benefit from:

  • Negative balance protection
  • Client funds held in segregated accounts
  • Robust cybersecurity infrastructure