IG is one of the world’s leading trading platforms, offering access to more than 17,000 markets and the ability to trade CFDs. Founded in 1974, it’s famous for inventing spread betting – a form of speculative trading that anticipates whether the price of a currency, stock, index or commodity will rise or fall. IG also offers a demo account that lets you practice with simulated money and teaches the basics of investing. Many other trading platforms don’t offer this level of educational material. This link :theinvestorscentre.co.uk

Opening an account with IG is straightforward and fast. You’ll be asked to upload a photo ID (passport or driving licence) and proof of address (utility bill, bank statement) to verify your identity before you can trade. This is a standard requirement for all brokers, and IG uses advanced security measures to protect your personal information.

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Once you’ve verified your identity, you can choose from a variety of funding methods including debit cards and wire transfers. You’ll then be prompted to complete a short financial aptitude test. This is designed to help identify the types of traders who can be most successful with IG and ensures that customers are only offered appropriate investments.

IG offers commission-free trading on UK shares and most global shares, with a PS8 fee on international share trades. It also pays a generous 4.5% interest on cash balances up to a maximum of PS100,000. This is the highest rate available from any online broker in the UK. Unlike Interactive Brokers, which offers more in-depth research on funds, IG excels in its research for shares and ETFs. It also has a community forum where traders discuss the markets and interact with each other, adding a social element to trading.