IGOptions Binary Option Broker
| Table | IG Markets |
|---|---|
| Maximum Trade | $10,000 |
| Minimum Trade | $5 |
| Minimum Deposit | |
| Withdrawal Fees | 1.5% for credit card and $15 for wire transfers |
| Minimum Withdrawal | |
| Bonus | |
| Payout | up to 85% |
| Account Currencies | AUD, JPY, CAD, GBP, CHF, NZD, USD, EUR |
| Currency Pairs | 80 Pairs |
| Tradeable Asset | Forex, commodities, indices, stocks and CFDs |
| Trading Platform | L2 Dealer, IG Mobile Trading, PureDeal all by IG |
| Trading Instruments | |
| Established | 1974 |
| Licenses | ASIC (Australia), FCA (UK)FSA (Japan), BaFIN (Germany)
CNMV (Spain), AFM (Netherlands) FSA (South Africa), JSDA (Japan) FFA (Japan), MAS (Singapore) |
| Location | UK |
| Regulation Status | Regulated |
| Payment Methods | Credit/Debit Cards, Wire Transfres |
| Ratings: | |
| Trading Plarform | 4.8/5 |
| Website | 4.5/5 |
| Banking | 4.8/5 |
| Customer Service | 4.8/5 |
| Bonuses | 4.5/5 |
| Customer Experience | 4.6/5 |
| Overall Score | 4.8/5 |
| Assets | 5 out of 5 |
| Reliability | 5 out of 5 |
| Charting | |
| Withdrawal | 4.8/5 |
IGOptions is one of the best binary option brokers of Australia. It is one of the number one CFD providers for UK, but forex is the major part of their business. IG Markets is one of the biggest competitors in the forex domain. This is one forex broker that has its offices in about 5 continents and about 14 countries showing their global presence. They are one of the oldest forex brokers and were established in the year 1974. Thus, IG Markets is an organization that has been in the financial market longer than any other company.
IG Markets has one of the longest lists of trading assets than any other company and is spread into forex, indices, commodities, CFDs and binaries. They have about more than 80 currency pairs to choose from. They have their own custom made trading platform which can suit to the needs of different types of forex brokers. The trading interface allows the traders to trade in anything that they can imagine but this is not necessary to overload any information. With IG Markets one can easily have a watch list on one window and the positions opened in the other window. The functional simplicity of IG Markets makes it different from the trading platform offered by several other brokers. This trading platform is completely web-based and does not require downloading or installing any software. They also have a trading platform which allows them to trade through mobile. The trading platform by IG Markets is L2 Dealer, IG Mobile Trading and PureDeal.
IG Markets is a highly regulated company and is licensed in Australia by ASIC, by FCA in UK, by FSA in Japan, by BaFIN in Germany, by CNMV in Spain, AFM in Netherlands, FSA in South Africa, JSDA in Japan and MAS in Singapore. Their website is multilingual and is available in 7 languages. They also provide about 8 account currencies which include JPY, AUD, NZD, GBP, USD, CHF, EUR and CAD. They do not have any withdrawal fees. The minimum trade size is $5 for options and the maximum trade size is $10,000. They have demo account available for free but are limited to 14 days use. The account can be opened and they have depositing fees of 1.5% by credit card and $15 through wire transfers. The same fee applies for making withdrawals. They do not have any commission on the binary options.
The customer support service of a company is a very important feature to know about. The customer care by IG Markets is of world class and is available in 10 languages. The service is provided via manuals, call back, newsletters, phone and email. The customer support service is available 24 hours a day for 5 days in a week. The response time of the email is 48 hours and they allow the order to be put through telephones. They also provide to their customers personal account manager to help trader manage their accounts better.