IG index was the original financial spread betting provider. Set up in 1974 as 'Investors Gold Index' they later changed their name to 'IG index' and set up spread betting on the share prices of the FT 30 companies back in 1982.
In 2000 they were floated on the London Stock Exchange (LSE: IGG). And in 2007 they brought out their award winning platform - Pure Deal.
The IG group have continued to expand their operations and now cater for CFDs and sports spread betting, as well as launching apps for the iPhone.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
What they say:
"IG Index has also been responsible for pioneering several types of financial spread betting products, including the innovative Binary and Custom Bets, which offer clients exciting yes/no and tailored propositions. All this is available on our advanced, award-winning PureDeal trading platform which features our revolutionary Price Improvement technology and one-click dealing. You can also operate your financial spread betting account via mobile phone and iPhone."
Types of Spreads offered by IG index
At IG index you can bet on currencies, equities, indices, sectors, commodities, binary bets, options, interest rates, and house prices.
Equities
With IG index you can trade on all shares listed on the FTSE 100 and FTSE 250, as well as equities listed on Wall Street, Germany 30, France 40, Australia 200, EU Stocks 50, Hong Kong HS42, Italy 40, Japan 225, Portugal 20, Spain 35, Sweden 30, Singapore Blue-Chip, South Africa 40, US SPX 500 and US Tech 100.
Indices
The range of indices include:
FTSE 100, Wall Street, Germany 30, France 40, Australia 200, EU Stocks 50, Hong Kong HS42, Italy 40, Japan 225, Portugal 20, Spain 35, Sweden 30, Singapore Blue-Chip, South Africa 40, US SPX 500 and US Tech 100
Spread betting on sectors:
As well as the major indices listed above, you can also trade on individual sectors, such as, mining and banking.
Currencies:
The list of currencies you can bet on at IG index include the US dollar (USD), Australian dollar (AUD), Canadian dollar (CAD), New Zealand dollar (NZD), Japanese yen (JPY), euro (EUR), pound (GBP), Swiss franc (CHF), Czech Republic koruna (CZK), Singapore dollar (SGD), Danish krone (DKK), Mexican peso (MXN), Norwegian kroner (NOK), Polish zloty (PLN), Swedish krona (SEK), South Africanrand (ZAR)
Commodities:
With IG index you can trade commodities including: gold, silver, gas, oil, sugar, wheat, cocoa, lumber, and more.
Options:
IG index offer you the chance to trade on a variety of options on a daily, weekly, quarterly and futures basis.
House prices
Lastly, if you have a view on where you think the property market is heading, you can trade on the national average house prices.
Apply for a IG Index spread betting account or compare with other leading providers
MoneyWeek Ltd receives commission from IG index for accounts opened.
