Is IG Legal in India? ⚠ Verify

Our data lists India among the countries IG does not serve, so it is marked "Verify" on this page. IG is a regulated broker (FCA (United Kingdom), ASIC (Australia), MAS (Singapore), BaFin (Germany) and DFSA (Dubai)), but regulation in other countries does not mean an account can be opened from India. Check IG's current country list on its website before you register or deposit.

IG has been trading since 1974 and is headquartered in London. In our dataset it is regulated by the FCA (United Kingdom), ASIC (Australia), MAS (Singapore), BaFin (Germany) and DFSA (Dubai), and it is marked as top-tier regulated with investor protection. For a trader in India, the practical point is that a licence belongs to a specific legal entity, and each entity serves specific countries. A regulator name on the website footer tells you the group is supervised; it does not, on its own, tell you which entity would hold your account.

Before you open an account from India, find the entity named in the client agreement and look it up on that regulator's public register. Our "Before You Open an Account" section below lists the official registers.

In our dataset IG is marked with segregated client funds, negative balance protection and investor protection. Segregation means client money is held apart from the company's own funds, and negative balance protection is designed so you cannot lose more than your account balance on a leveraged position. The exact terms, including which protection scheme applies to your account, depend on the entity that serves India, so read them in the client agreement.

Reach IG through its official website and apps only, and keep two-step verification switched on. IG staff will not ask for your password, so treat any message that does as an impostor attempt and report it to the broker.

IG is listed in our dataset with its own proprietary platform (our broker data names ProRealTime and L2 Dealer) and TradingView, plus iOS and Android apps. Standard and demo accounts are listed, with scalping and hedging allowed, one-click trading, trailing stops and limit orders. It does not list an Islamic account in our data, so India traders who need a swap-free account should confirm availability with IG directly.

Instruments in our dataset include forex (70 pairs), indices, commodities (including gold and oil), crypto CFDs, shares, ETFs, options and futures. Reference spreads in our data are 0.6 for EUR/USD, 1.5 for GBP/USD and 0.5 for gold on a variable-spread model. Spreads are dynamic and shown for information only, so check live pricing before you trade. Our data lists commission on shares and an inactivity fee, so read the current fee schedule before you fund an account.

Our dataset lists bank transfer and credit or debit card as funding methods for IG. India uses Indian Rupee (INR), so your bank or card provider may convert funds into the account currency and apply its own charges; check the exchange rate and fees with them before you send money. Our data does not list local wallets or India-specific payment methods for IG, so use only the methods shown inside your account.

Always deposit from a bank account, card or wallet in your own name, and withdraw to the same method where the broker requires it. Check the current withdrawal timings and any fees in the IG help pages, because we do not publish a processing-time figure for IG.

Because India is marked "Verify" in our data, check IG's country list before you start an application. If India is not accepted, the sign-up form will usually not let you complete registration, and you should not use a third party to work around it.

IG is a long-established, regulated broker, but India is marked "Verify" in our data, so do not assume an account is available. Confirm the current country list, check which entity would serve you and read the terms. If IG is not available in India, compare brokers that list India as an eligible country.