IG Review for Singapore Traders

Is IG safe? MAS licence, IG Asia Pte Ltd

Yes, I would treat IG Asia Pte Ltd as a firm a Singapore retail trader can deal with. The MAS Financial Institutions Directory, read on 24 September 2026, lists the entity, and a search of MAS enforcement actions and media releases on the same date found none naming the licensee as its subject.

What FID lists for the entity

The directory prints the legal name as IG Asia Pte Ltd, and the firm’s own Singapore site prints the same entity as the firm a client contracts with.

MAS actions and the Investor Alert List

Our search covered MAS enforcement actions, media releases and the Investor Alert List. One 2017 media release names the firm in a conviction of an individual who employed a scheme to defraud two CFD providers, IG Asia among them. No Investor Alert List entry impersonates the entity.

This page covers IG Asia Pte Ltd, the Singapore entity, while our IG Group review covers the brand worldwide.

IG client money

The entity a Singapore client contracts with is IG Asia Pte Ltd, and the statements below are the firm’s own, from its Singapore site. I would weigh them as statements rather than assurances.

Where a Singapore client’s money is held

The firm states that all client money is held in segregated trust accounts in accordance with the Singapore client money rules (the firm’s accredited investor page). If your money sits with the firm, this is the arrangement it says applies.

Who a Singapore client contracts with

The firm’s own Singapore site prints the contracting entity as IG Asia Pte Ltd. In my view, that is the name to check against the MAS Financial Institutions Directory.

Negative balances

The firm states negative balance protection is not available for professional accounts. If you hold a professional account, I would ask the firm directly where you stand.

IG at a glance: 4 key facts

IG spreads and commission

I have not opened a Singapore account, and none of us has: our global broker test did not measure this entity’s spreads.

IG CFD account

On its CFD account the firm advertises a EUR/USD minimum spread of 0.6 pips and an average spread of 1.04 pips, where 0.85 is the 00:00 to 21:00 average.

Commission

For share CFDs, the firm states it charges a commission instead of a spread, as a fixed fee or a percentage of the trade value (its Singapore CFD trading page).

What it costs to trade with IG

What a trade costs at IG is the spread the firm advertises, set out in the spreads section.

Other fees a Singapore trader should check

The firm states it does not charge fees for deposits or withdrawals, though your bank or payment provider may impose its own. Before trading, check overnight or holding costs on the firm’s Singapore charges page.

IG deposits and withdrawals

Deposit methods (Singapore clients)

The minimum the firm states for card deposits applies per transaction.

Withdrawals

The firm states you can withdraw funds as a bank transfer, or back to a card as a refund, requested in My IG.

IG account types and minimum deposit

The firm’s own Singapore site names two accounts: a standard IG account and an Accredited Investor account (the firm’s accredited-investor page). For a Singapore reader, the difference turns on the eligibility terms the firm states for accredited investors, which it sets out in its own words on that page. If you do not meet them, the firm states you can still trade on thousands of financial instruments on a standard IG account.

Minimum deposit

The firm does not specify a minimum deposit requirement for opening an account, its Singapore charges page states. The S$50 minimum the firm does state applies per card deposit transaction, per its deposit help page.

IG trading platforms

The firm’s Singapore site lists MetaTrader 4, ProRealTime and L2 Dealer on its platforms page, and web trading, its mobile trading app, MetaTrader 4, ProRealTime and TradingView on its about page. I would read the platform list on the firm’s own Singapore site before choosing, since the detail of each platform is the firm’s to state. My advice is to match the list against how you actually trade: if you trade from your phone, check the mobile app’s terms there before you commit.

IG execution speed and slippage

Our global panel of 36 brokers holds a limit order fill time of 174 ms, ranking 26 of 36, and a market order fill time of 141 ms, ranking 19 of 36. These are from our global broker test, not a Singapore test: no one at this site measured IG Asia Pte Ltd’s execution on a Singapore account. I would treat the numbers as a global reading of the brand, not as a promise about your fills.

A fill time tells you how quickly an order was filled, and it does not tell you the price you got. A fill can be quick and still slip, and a slower fill can land on a better price. What I look for alongside a fill time is the price you were quoted against the price your order landed at, and that is not something a speed figure alone can give you.

IG markets

IG leverage and margin for Singapore clients

Table 18 of the Fourth Schedule to the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations (Rg 13), regulation 24A, sets a 5% minimum margin for a retail customer (20:1, our arithmetic) and 2% for an accredited, expert or institutional investor. That rule binds every MAS licensee alike, and it is neither this firm’s advantage nor its choice.

IG, MultiBank Group and CMC Markets compared for Singapore traders

In our rated Singapore set, ordered by score, MultiBank Group sits second of 16 with a published score of 80.3 out of 100, from our global broker test, and CMC Markets sits fourth of 16 with 64.6 out of 100, also global.

What other review sites say about IG

These are ratings of IG from other platforms, read on the date shown and expressed on each platform's scale, so you can weigh them against our own score.

Platform	Rating	Volume	Read on
Trustpilot	3.7 / 5	10,016	10 September 2026
TradingView	3.9 / 5	1,079	10 September 2026
Google Play	4.0 / 5	23K	10 September 2026

IG holds a Trustpilot rating of 3.7 out of 5 from 10,016 reviews, checked 10 September 2026.

On TradingView, IG is rated 3.9 out of 5 from 1,079 ratings, checked 10 September 2026. The TradingView profile for IG shows 15.8K traders, the count of those who have connected an account through TradingView.

IG Trading Platform is rated 4.0 out of 5 on Google Play (United States store) from 23K reviews shown worldwide, checked 10 September 2026.

Our score is based on published criteria and is not influenced by these third-party ratings.

Should you open an account with IG?

Yes, if you want a MAS-listed Capital Markets Services Licensee with the CFD products and platforms the firm’s Singapore site prints, IG Asia Pte Ltd is worth your attention. The firm’s own statements on margin, funding and account terms are on its Singapore site.

The fact that cuts against it is the firm’s statement that negative balance protection is not available for professional accounts. Check the entity on the MAS Financial Institutions Directory and the firm’s Singapore charges and product pages before you deposit.