Top 8 Locally Based Brokers
IG Review
Overall, IG is considered competitive on all its trading pairs and can be summarised as a trustworthy low-risk trading broker. IG has several tier-1 liquidity providers (high trust) IG has a rating of 9 out of 10 and a Trust Score of 99% out of 100. IG is currently not regulated by the CMA of Kenya
- Louis Schoeman
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 KES
Regulators
IGRs
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
80
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
IG Review – 13 key points quick overview:
- ✅ Regulation and Safety of Funds
- ✅ Account Types and Features
- ✅ Account Registration
- IG Vs SuperForex Vs LiteFinance – Broker Comparison
- Trading and Non-Trading Fees
- Broker Comparison for Range of Markets
- Deposits and Withdrawals
- IG Education and Research
- IG Affiliate Program
- IG Social Responsibility
- Verdict on IG
- IG Pros and Cons
- Frequently Asked Questions
IG Overview
👉 IG is an excellent option for both beginner and professional traders, offering competitive spreads, a range of account types, over 17,000 trading instruments, and the safest trading environment in the industry.
👉 IG is not regulated by the Capital Markets Authority (CMA) in Kenya, but the broker is well-regulated by FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, and BMA.
👉 Anyone interested in trading CFDs can find a home with IG. Because it is a comprehensive trading provider, IG has opted to follow the age-old adage “go big or go home” to do offer the best trading conditions, making it one of the most popular brokers globally.
👉 Its low spread charges, customer service and education, actionable research, and user-friendly interfaces make IG well-suited compete in the online brokerage business. In this IG review, Kenyan traders find all the information they need to make an informed decision about whether the broker is right for them.
Distribution of Traders
👉 The distribution of traders with IG is as follows:
➡️️ United Kingdom – 20.7%
➡️️ United States – 10.4%
➡️️ Poland – 9.1%
➡️️ South Africa – 7.6%
➡️️ India – 6.7%
Popularity among traders who choose IG
🥇 While IG does not dominate the forex market in Kenya, the broker is one of the Top 20 brokers for Kenyan traders because of its unique trading solutions, comprehensive offering, and competitive trading conditions.
IG At a Glance
| 🏛 Headquartered | London, United Kingdom |
| 🏙 Kenyan Based Office | No |
| ✅ Accepts Kenyan Traders? | Yes |
| 🗓 Year Founded | 1974 |
| 📞 Kenyan Office Contact Number | None |
| 🤳 Social Media Platforms | • LinkedIn • YouTube |
| ⚖️ Regulation | FCA, BaFin CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
| 🪪 Regulatory Licenses | • United Kingdom (IG Markets Ltd) – 195355 • United Kingdom (IG Index Ltd) – 114059 • Germany – 10148759 • Cyprus (BrightPool Ltd) – 378/19 • Switzerland – FINMA • Dubai – F001780 • Dubai DIFC – 1840 • South Africa – 41393 • Singapore – 200510021K • Japan – FSA • Australia – ABN 84 099 019 851, AFSL 220440 • New Zealand – FSP18923 • United States – NFA ID 0509630 • Bermuda (IG International Limited) – 54814 |
| ⚖️ CMA Regulation | None |
| 🚫 Regional Restrictions | None |
| ☪️ Islamic Account | Yes, Dubai traders only |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 8+ |
| 📊 PAMM Accounts | Yes |
| 🤝 Liquidity Providers | Several Tier-1 partnerships, banks, and others |
| 💸 Affiliate Program | Yes |
| 📲 Order Execution | Market |
| 📊 Average spread | From 0.1 pips DMA |
| 📞 Margin Call | 100% |
| 🛑 Stop-Out | Unknown |
| ✅ Crypto trading offered? | Yes |
| 💰 Offers a Kenyan shilling Account? | No |
| 👨💻 Dedicated Kenyan Account Manager? | No |
| 📊 Maximum Leverage | 1:200 |
| 🚫 Leverage Restrictions for Kenya? | No |
| 💰 Minimum Deposit (KES) | 28,700 KES or an equivalent to $250 |
| ✅ Kenyan shilling Deposits Allowed? | No |
| 📊 Active Kenyan Trader Stats | 70,000+ |
| 👥 Active Kenyan-based IG customers | Unknown |
| 💳 Kenya Daily Forex Turnover | $100 million+ |
| 💵 Deposit and Withdrawal Options | • Bank Wire Transfer • Debit Card • Credit Card • PayPal |
| 🏦 Segregated Accounts with Kenyan Banks? | No |
| 📊 Trading Platforms | • MetaTrader 4 • IG Platform • ProRealTime (PRT) • L2 Dealer • FIX API |
| ✔️ Tradable Assets | • Forex • Indices • Shares • Commodities • Cryptocurrencies • Futures • Options |
| 💸 Offers USD/KES currency pair? | No |
| 📈 USD/KES Average Spread | N/A |
| 📉 Offers Kenyan Stocks and CFDs | None |
| 🗣 Languages supported on Website | English |
| 📞 Customer Support Languages | Multilingual |
| ⏰ Customer Service Hours | 24/7 |
| 👥 Kenyan-based customer support? | No |
| ✅ Bonuses and Promotions for Kenyans | No |
| 📚 Education for Kenyan beginners | Yes |
| 📱 Proprietary trading software | Yes |
| 💰 Most Successful Kenyan Trader | Patrick Mahinge (Net Worth – Private) |
| ✅ Is IG a safe broker for Kenyans? | Yes |
| 📊 Rating for IG Kenya | 9/10 |
| 🤝 Trust score for IG Kenya | 99% |
| 👉 Open an account | 👉 Open Account |
Regulation and Safety of Funds
It is impressive that IG is subject to regulation in many jurisdictions in addition to the FCA and NFA. One of the most renowned online brokers in the market, they have one of the broadest ranges of regulation. This includes:
➡️ Federal Financial Supervisory Authority (BaFin) in Germany
➡️ The Cyprus Securities and Exchange Commission (CySEC) in Cyprus
➡️ The Swiss Financial Market Supervisory Authority (FINMA)
➡️ The Dubai Financial Services Authority (DFSA)
➡️ The Financial Sector Conduct Authority (FSCA) in South Africa
➡️ The Monetary Authority of Singapore (MAS)
➡️ Japanese Financial Services Agency (JFSA)
➡️ The Australian Securities and Investments Commission (ASIC)
➡️ The Financial Markets Authority (FMA) in New Zealand
➡️ The Commodity Futures Trading Commission (CFTC)
➡️ The Bermuda Monetary Authority (BMA)
To safeguard the interests of investors and to guarantee that the broker acts with honesty, integrity, and transparency, each regulatory body has its own set of regulations and standards in place. Because of the extensive oversight that IG maintains, Kenyan traders can have complete faith in its abilities as a broker.
As a retail customers, the money of Kenyan traders is well-protected when they put it in an IG account. Clients can rest easy knowing that monies deposited into an IG account are stored in separate accounts at regulated banks under trustee arrangements, ensuring their safety.
Subsequently, the money is client money and IG and its creditors do not have any rights of set-off or retention. IG has a slew of separate bank accounts at reputable high-street institutions like Barclays and Lloyds. IG is not allowed to keep all clients’ money in one location, so they make sure it is spread out across many banks.
This means the broker cannot spend client funds on their own commercial operations, including hedge transactions with other counterparties, operational expenses, and creditors.
Clients of other financial institutions or qualifying counterparties who have signed a legal document outlining how their money and assets are kept differently (this is known as ‘title transfer’) are the only ones who are not subject to this treatment.
Segregated funds and assets would be restored to customers in the rare case of liquidation, although administrators’ charges would be deducted from these monies. Under the Financial Services Compensation Scheme (FSCS), up to £85,000 may be reimbursed for any loss of funds.
Account Types and Features
IG is a global company that provides a variety of trading accounts based on a trader’s location. The trading accounts that traders can expect include:
➡️ United Kingdom Accounts
➡️ European Accounts (excluding UK and Switzerland)
➡️ Australian Accounts
➡️ Switzerland, South Africa, Singapore, and New Zealand Accounts
➡️ Dubai Accounts
➡️ Japan Accounts
➡️ US (IG) Accounts
➡️ USA (NADEX) Accounts
The minimum deposit that traders can expect from IG is 28,700 KES or equivalent to $250. IG charges variable spreads and commissions are only charged on shares, which means that some instruments have marked-up spreads. Overall, the typical spreads that traders can expect from IG are as follows:
➡️ Forex – 0.6 pips EUR/USD with an average spread of 0.75 pips
➡️ Forex – DMA spread of 0.1 pips
➡️ Indices – from 0.4 pips on the FTSE 100
➡️ Commodities – from 0.3 pips
➡️ Cryptocurrency – from 0.2 pips on Stellar
➡️ Futures – from 0.6 pips
➡️ Interest Rates – from 1 pip
➡️ Bonds – from 1 pip
In addition, when trading UK or EU shares, traders will be subject to commissions of 0.10% while US shares attract a $0.2 commission.
Live Trading Accounts
United Kingdom Accounts
Residents of the United Kingdom have the option of opening an IG Trading Account or an IG Professional Account. These account types contain the following features:
➡️ Negative balance protection on retail accounts
➡️ Access to spread betting, CFDs, and Share Dealing
➡️ Access to more than 17,000 markets
European Accounts (excluding UK and Switzerland)
Traders from Europe, excluding UK and Switzerland, can choose between an IG Trading, Professional, Options, or turbo24 account. In addition, traders can expect these trading conditions:
➡️ Negative balance protection is applied to retail accounts
➡️ Access to CFDs, Barriers, Vanilla Options, and Turbo Warrants along with 17,000 other instruments
Australian Accounts
➡️ A choice between the IG Trading Account, Limited Risk Account, and Share Dealing Account
➡️ Negative balance protection is active on the IG Trading Account
➡️ Access to several CFD instruments including Options, Digital 100s, and Share Dealing
➡️ More than 17,000 markets can be traded
Switzerland, South Africa, Singapore, and New Zealand Accounts
➡️ Access to the IG Trading Account and a Limited Risk Account
➡️ The benefit that negative balance protection is applied to the IG Trading Account, ensuring that the trading balance does not go into a negative
There is no fee associated with opening an IG account other than the required minimum deposit. IG will charge Kenyan customers the spread or a modest commission fee on equity trades only after they have funded their trading account and began trading.
To ensure that new clients get a low minimum contract price, a margin payment (starting at 0.5% on EUR/USD) is needed. There is a lot of room for maneuvering because traders only need to spend a fraction of what they would otherwise.
Dubai Accounts
➡️ Traders can choose either the IG Trading Account, the Limited Risk Account, or Swap-Free Account (only offered to Dubai clients)
➡️ Negative balance protection automatically applied to the IG Trading Account
➡️ CFDs, Options, and the Digital 100s can be traded
➡️ Dubai traders have access to more than 10,000 instruments across different asset classes
Japan Accounts
➡️ There is a choice between the IG Trading Account and Limited Risk Account
➡️ Japanese traders can rest assured because negative balance protection is applied to the IG Trading Account
➡️ CFD trading along with Options and Digital 100s is offered to traders
➡️ Japanese traders can trade over 10,000 financial instruments across asset classes
US (IG) Accounts
➡️ Access is given to the IG Trading Account
➡️ Negative balance protection is applied to this account
➡️ Access to forex trading across a minor, major, and exotic pairs
➡️ More than 80 forex pairs are offered on this account type
USA (NADEX) Accounts
➡️ Traders are given access to a comprehensive Exchange Account
➡️ Exchange-traded binaries can be traded
➡️ A range of markets is spread across 10,000 contracts
Demo Account
A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital.
There is a certain degree of risk involved when trading financial markets and IG offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.
Islamic Account
Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.
This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
Customers in Dubai can switch their live trading accounts to Islamic ones, exempting them from any interest generated by overnight fees.
Account Registration
Traders can open an account with IG by navigating to the broker’s official website, following the registration instructions, and submitting an electronic application form. An IG account can be set up by Kenyan traders who are registered on Facebook or Google when they use their credentials instead of manually entering their details.
➡️ To open an account, traders need complete the following steps:
➡️ IG’s official website has a “Create Live Account” button in the upper right corner for traders to use.
➡️ Traders can fill out an online application form after it has loaded.
➡️ If the trader receives a verification email, they can verify their email address by clicking on the embedded link in the message.
➡️ Kenyan traders can verify their identity and residency to complete the KYC procedure by uploading the relevant documents.
➡️ Traders can expect to complete a comprehensive questionnaire that will determine their level of trading experience, allowing IG to cater to their unique needs and objectives.
➡️ Trading can begin for Kenyans as soon as their accounts have been authorized and they have made the initial deposit.
How To Register Your Account
👉 Step 1 – Go to the Official Website
➡️ Go to the IG website (https://www.ig.com/) and click on “Create Live Account”.
👉 Step 2 – Fill Out Your Personal Details
➡️ Fill out your personal information such as your email address, create a username and password for your account, and fill out your country of residence. Follow the next steps to complete your profile.
IG Vs SuperForex Vs LiteFinance – Broker Comparison
| IG | SuperForex | LiteFinance | |
| ⚖️ Regulation | FCA, BaFin CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA | None | CySEC |
| 📱 Trading Platform | • MetaTrader 4 • IG Platform • ProRealTime (PRT) • L2 Dealer • FIX API | • MetaTrader 4 • SuperForex App | • MetaTrader 4 • MetaTrader 5 • LiteFinance Mobile App |
| 💰 Withdrawal Fee | No | Yes | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 28,700 KES | 100 KES | 5.700 KES |
| 📈 Leverage | 1:200 | 1:2000 | 1:500 |
| 📊 Spread | From 0.1 pips DMA | From 0.0 pips | 0.0 pips |
| 💰 Commissions | From 0.10% | From 0.013% | From $0.25 per lot on Oil |
| ✴️ Margin Call/Stop-Out | 100%/50% | 30%/40% | 100%/20% |
| ✴️ Order Execution | Market | Market/Instant | Market |
| 💳 No-Deposit Bonus | No | Yes | No |
| 📊 Cent Accounts | No | Yes | No |
| 📈 Account Types | • United Kingdom Accounts • European Accounts (excluding UK and Switzerland) • Australian Accounts • Switzerland, South Africa, • Singapore, and • New Zealand Accounts • Dubai Accounts • Japan Accounts • US (IG) Accounts | • Standard Account • Swap-Free Account • No Spread Account • Micro Cent Account • Profi STP Account Crypto Account • ECN Standard Account • ECN Standard • Mini Account • ECN Swap-Free Account • ECN Swap-Free • Mini Account • ECN Crypto Account | • ECN Account • Classic Account |
| ⚖️ CMA Regulation | None | No | No |
| 💳 KES Deposits | No | Yes | No |
| 📊 Kenyan shilling Account | No | Yes | No |
| 👥 Customer Service Hours | 24/7 | 24/5 | 24/5 |
| 📊 Retail Investor Accounts | 8+ | 11 | 2 |
| ☪️ Islamic Account | Yes, Dubai | Yes | Yes |
| 📈 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📉 Maximum Trade Size | Unknown | None | 100 lots |
Trading and Non-Trading Fees
Spreads
👉 IG charges variable spreads, which means that typical spreads are determined by the financial instrument that is being traded, the account used, and the overall market conditions on the day of trading. Kenyan traders can expect some of these typical spreads:
➡️ Forex – 0.6 pips EUR/USD with an average spread of 0.75 pips
➡️ Forex – DMA spread of 0.1 pips
➡️ Indices – from 0.4 pips on the FTSE 100
➡️ Commodities – from 0.3 pips
➡️ Cryptocurrency – from 0.2 pips on Stellar
➡️ Futures – from 0.6 pips
➡️ Interest Rates – from 1 pip
➡️ Bonds – from 1 pip
Commissions
👉 The broker fees for IG are typically included in the spread with most financial instruments. However, where this is not the case, the following commissions apply to some financial instruments:
➡️ EU and UK Shares – 0.10%
➡️ US Shares – $0.2
Overnight Fees, Rollovers, or Swaps
👉 Traders in Kenya can expect to be credited or debited an overnight charge if they hold a short-term deal overnight. Positions in CFD that are held beyond the hour of 10 pm (UK Time) are subject to this fee. Because futures and forwards are frequently held for extended periods, IG does not charge overnight fees on them.
👉 If a Kenyan trader wants to start a position greater than their original deposit, they employ leverage, which means they borrow money from the broker. When a trader takes a position overnight, they must make an interest adjustment to their account to represent the expense of financing it.
👉 A long position will be added to the formula, while a short position will be deducted, as seen in the following example:
➡️ Long Position – Number of contracts x contract value x price (SONIA% + 2.5% admin fee) / 365.
➡️ Short Position – Number of contracts x contract value x price (SONIA% – 2.5% admin fee) / 365.
Deposit and Withdrawal Fees
👉 To fund a trading account using a credit or debit card, traders are charged a 2.1% transaction fee by the IG.
Other Fees
➡️ When the trading account is idle for two years, IG levies a $12 inactivity fee.
➡️ Getting IG’s Live Price Data Feeds costs money each month.
➡️ There is a $20 monthly membership cost for traders using ProRealTime Charts, which is reimbursed if traders execute four or more transactions each month.
➡️ When trading CFDs in currencies other than the base account currency, traders should expect to pay a 0.5% currency conversion fee.
➡️ There is a $50 fee on accounts where there is no W-8 or W-9 form before a dividend ex-date of a qualifying transaction on US-based equities.
Broker Comparison for Range of Markets
| IG | SuperForex | LiteFinance | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | No | Yes |
| ➡️️ ETFs | No | Yes | Yes |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | Yes | Yes | Yes |
| ➡️️ Options | Yes | No | Yes |
| ➡️️ Energies | Yes | Yes | Yes |
| ➡️️ Bonds | No | No | No |
Deposits and Withdrawals
IG offers the following deposit and withdrawal methods:
➡️ Bank Wire Transfer
➡️ Debit Card
➡️ Credit Card
➡️ PayPal
How to Deposit Funds with IG
When a trader logs into their My IG portal, they can navigate to, and select, the “Deposit” option. Kenyan traders can choose their preferred payment method, indicate the deposit currency, and input the amount they desire to deposit in their account.
Traders could be required to complete extra steps to finalize the transaction, depending on the deposit type. Traders who send money to IG from another country must show the broker proof of the payment once they have deposited the funds.
How to Withdraw Funds with IG
Kenyan traders can withdraw their funds by logging into their My IG site and selecting “Withdraw Funds” under “Live Accounts.” Traders who deposited money with a credit or debit card must utilize a bank transfer to get their money back.
An initial deposit and subsequent bank account information are necessary for the first withdrawal of funds. Traders must send their bank statement that shows the initial deposit and their banking details to IG’s helpdesk email, which can be found on the Help and Support page of the company’s official website.
After this has been verified, a withdrawal request can be submitted and processed.
IG Education and Research
IG offers the following Educational Materials:
➡️ IG Academy
➡️ Risk Management Guidelines
➡️ Maximizing Trading Success
➡️ Developing a Trading Strategy
➡️ Webinars
➡️ Seminars
➡️ Glossary
IG offers Kenyan traders the following Research and Trading Tools:
➡️ News and Trade Ideas
➡️ Financial Events
➡️ Trade Analytics Tool
➡️ Subscriptions and Downloads
➡️ Special Reports
➡️ Podcasts
➡️ Economic Calendar
IG Affiliate Program
IG is a well-known name in online trading and investing all around the world. A well-established FTSE 250 broker with a strong balance sheet, IG has over 40 years of worldwide financial industry expertise.
The following features and advantages are available to Kenyans via the IG Affiliate Program:
➡️ Using a sophisticated monitoring system, affiliates can earn up to $1000 for each new client they bring on board that qualifies.
➡️ Custom web and mobile banners are produced to maximize the number of times a banner ad is clicked.
➡️ Partners get access to a personal relationship manager and IG’s multilingual support team to assist them with any issues they may have.
➡️ With the help of IG and the broker’s world-class goods, affiliates can swiftly employ an attractive incentive package for their clients.
An IG affiliate program’s qualifications are as follows:
➡️ The minimum age of a potential partner must be at least 18 years of age.
➡️ The affiliate must have a working website to join
➡️ Trading and financial services must be the primary emphasis of the affiliate’s website.
➡️ The affiliate’s website must cater to an audience above the age of 18 and provide information that is both balanced and objective
IG Social Responsibility
👉 According to IG, the broker’s workforce has a strong sense of responsibility in whatever they do. Since its inception, the IG Group has maintained a strong focus on ethical business practices.
👉 To the benefit of any purely online broker, there is an extremely low number of dangerous emissions from regular activities. IG is proud to be carbon neutral per PAS2060 and is doing all in its power to minimize its impact on the environment.
👉 To aid the environment and people in need, the IG team goes above and above. To accomplish this, IG provides 1% of its annual post-tax profits to charity organizations as a charitable contribution. Apart from the money and time they are paid, IG also requires its staff to contribute to Brighter Future Finance, a fund that helps support community outreach programs.
👉 As a financial services firm, IG is required to uphold high levels of corporate governance and regulatory compliance. A system of checks and balances have been put in place to ensure that the broker does not get out of control.
👉 IG can monitor its own standards and avoid falling short of them by using key risk indicators and conducting periodic risk appraisals.
Verdict on IG
IG’s global products include a wide variety of asset types and are available to customers across the world. Traders can use a suite of trading platforms to trade more than 17,000 markets which are spread across several asset classes
There is no comparison between IG’s educational resources and those of any other online broker. IG’s dedication to providing customers with timely and insightful information is notable. IG offers a wide variety of trading platforms, including MetaTrader and direct market access through FIX API, on which traders could trade a wide range of assets.
For traders of all skill levels, they have a wide range of trading tools and instructional materials available. IG is a great choice for both beginner and experienced traders, thanks to its low spreads, an extensive selection of trading instruments, and innovative news, research, and education resources.
If a client’s account grows, they can easily and quickly switch to a more advanced platform. Traders who are more seasoned in the financial markets would welcome direct market access (DMA), especially because it does not need a trading desk.
IG Pros and Cons
| ✔️ Pros | ❌ Cons |
| IG is a multi-regulated and multi-asset online broker with one of the highest trust scores in Kenya | The minimum deposit is very high |
| IG offers a choice between several account types and trading platforms | Deposit fees are charged |
| Kenyan traders can use different trading strategies when they join IG | The Islamic account is only offered to Dubai traders |
| There are Islamic accounts offered to Dubai traders | There is a limited selection of payment options for deposits and withdrawals |
| Beginners are given access to the IG Academy | There are currency conversions if Kenyan traders deposit in Kenyan shilling |
| Advanced traders can expect several advanced and sophisticated trading tools | |
| There are flexible and transparent trading and non-trading fees | |
| Traders can choose between over 17,000 trading instruments to trade |
IG Pros and Cons
| ✔️ Pros | ❌ Cons |
| IG is a multi-regulated and multi-asset online broker with one of the highest trust scores in Kenya | The minimum deposit is very high |
| IG offers a choice between several account types and trading platforms | Deposit fees are charged |
| Kenyan traders can use different trading strategies when they join IG | The Islamic account is only offered to Dubai traders |
| There are Islamic accounts offered to Dubai traders | There is a limited selection of payment options for deposits and withdrawals |
| Beginners are given access to the IG Academy | There are currency conversions if Kenyan traders deposit in Kenyan shilling |
| Advanced traders can expect several advanced and sophisticated trading tools | |
| There are flexible and transparent trading and non-trading fees | |
| Traders can choose between over 17,000 trading instruments to trade |
Frequently Asked Questions
Is IG a good and legit broker?
Our review of IG reveals that it is considered a good broker. IG is legit as it is regulated by these authorities: FCA, BaFin CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA.
Does IG offer leverage and what is the maximum ratio offered?
Yes, IG offers maximum leverage up to 1:200.
What is the minimum deposit required to register an account with IG?
28,700 KES or an equivalent to $250.
What is the overall rating for IG out of 10?
According to our review the overall rating for IG is 9/10.
Is IG suitable for beginner and professional traders?
Yes, IG is an ideal broker that can be used by beginner and professional traders.
