IG Index Account: Forex & Spread Betting Online

 

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Apply for an IG Index Account

IG Index is the pioneer in spread betting, which began in the 1970s. Today, IG Index has evolved to having over 120,000 customers worldwide. They have four million plus transactions per month all over the world.

Although headquartered in London, IG Group has offices in America. Offices are also in Australia, Singapore, Spain, Japan, and Italy. Even more offices are in Luxembourg, Germany, France, and Sweden.

Benefits of Trading with IG Index

Opening an account with IG Index provides a lot of benefits. The benefits are mainly the ability to trade many financial markets. IG trades forex markets and futures rather than limiting traders.

Another benefit is that IG offers two account types for traders. One is a limited risk account whilst the other is a plus account. The plus account gives traders more flexibility and tighter spreads.

The plus account has no limit on how much a trader may lose. A limited account ensures one never loses more than the deposit. This is especially helpful in those trading for the first time.

The application process is easy and can be opened online or the mail. The mail system is believed to be more confidential than online. However, IG has many procedures in place to guarantee one's privacy.

Information Needed to Apply

It is a simple process to open an account with IG Index. An applicant is asked for information such as name and phone numbers. IG asks for a main and secondary contact number plus an email address. The applicant will be required to provide their date of birth. A person’s personal address is used for identification purposes. Applicants need to stipulate how long they have lived at their current address. This is only to help them verify your identity. In the vast majority of cases it will not be necessary to send any supporting documents.

Next one chooses an account type, the limited risk or plus account. The applicant creates a user name and password for the account. Applicants need to choose a currency that will be used with the account; in most cases this will be British Pounds.

A trader will also need to decide how to deliver account statements. The choices available for receiving statements are post or email. The statements are necessary for bettors to manage their account.

The applicant has the ability to sign up for a free 6 week course. This course allows account holders to trade for 10 pence per point, and is known as TradeSense. This helps traders gain experience and knowledge whilst trading at with very small bet sizes.

The next screen asks for additional information about the applicant. Once this is completed, the application process should take minutes. An email is sent to the applicant stating the account is ready.

You can apply for an account with IG Index here.

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