The US has been begging for a new player to enter the FX market for years.
This IG US review goes over the new sheriff in town.
And he means business.
Before you start, just know the offer I have at the bottom is for US residents only, and the minimum deposit to qualify is $250. More on this later in the blog.
Also, everything here applies for the year 2021 as well. Nobody has come close to overtaking IG US’s throne.
We Got Money! We Got Traders! Why No Choices?!
So in the United States, we only had three choices for a pure FX trading broker for the longest time.
Oanda
Forex.com
Citi (Does their platform even still exist? I don’t remember.)
Interactive Brokers
And I don’t even really count IB as pure Forex, because they’re built to trade everything.
Many traders have been begging for somebody new to enter the game, because they are unhappy with these three choices. I do not blame them.
Even though Forex isn’t America’s top way of trading/investing by far, they still make up 26% of the viewers on my Forex trading YouTube channel, which is the highest percentage of any country by far.
The money is here. And it’s hungry.
So why has nobody been knocking on our door?
Regulations
It’s the same reason foreign banks don’t want our money either — it’s simply not worth the hassle.
Ridiculous bills like FATCA, the Dodd-Frank Act, and a slew of others have made the US go full-on nanny-state just within the past decade.
And the in-house regulators we have only make things more difficult. Organizations like the NFA and CFTC are essential for keeping out shady practitioners, but can be quite restrictive in their own regard.
We don’t need to get too deep into this, this is not what you came here for.
Just know there are so many hoops to jump through, that even though there are millions of dollars at stake, no other new companies have dared to enter the fray for a long time.
Until now.
Enter, Goliath
“It’s gonna take more than a rock this time, homie.”
You’ll need a really big hammer to be able to get through the regulators and break into the US market.
Smaller, fly-by-night brokers will get chewed up and spit out.
Good thing too, because now US citizens FINALLY get another choice in Forex brokers.
And that choice is ridiculously awesome.
That choice, is one of, if not THE top broker in the entire game.
And that broker is IG US.
I couldn’t believe it when I first heard it. This was an absolute game-changer.
And then they approached ME, and offered to work with me while they were gaining a foothold in the US market.
They didn’t have to wait long for an answer.
And yes, I have a bonus link for you down below.
The Big Three
I’ve recommended three brokers overall, two which are not available to US residents (Blueberry Markets and Markets.com), and now IG US.
In the previous recommendations, I wrote extensively about the “Big Three”, which were the top three pieces of criteria almost every I spoke to mentioned as far as the most important things they look for in a broker.
These three things were reliability, ease of use, and customer service.
Boy does IG US have you covered here. More about this in a minute.
But a distant 4th was spreads, and for those who are curious, IG US can now say they offer 20% lower spreads on EUR/USD than anyone else in the US market.
And you will see some variance up and down depending on the other currency pairs. But IG US aims to be the lowest across the board.
There are exceptions, and it’s calculated over a certain period of time, but they went through a lot of regulation to be allowed to say this, and the fact they’re even allowed to do this in the US says a lot.
But let’s tackle the Big Three now.
Reliability
We don’t even need to spend any time talking about this really.
The one GOOD thing about needlessly strict regulations like we have here in the US, is that they are just that — some of the strictest you’ll ever find.
Anyone who has an FX broker here is as reliable as you’re ever going to get.
Moving on.
Ease Of Use
Nobody wants to be fumbling over their own system, waiting on long fill times, or having orders not trigger when their supposed to, when there’s actual money on the line.
Never a problem here.
I had the chance to play with IG US’s software longer than I did anyone else, since I was actually allowed access to all of it, and it is lightning quick.
They have a web-based proprietary trading platform (so MAC users can access it with ease as well) which was very easy to figure out.
They also have MT4 available as well, which is a must for charting purposes. I also prefer trading directly off of MT4 if I can help it.
IG US is also adding an option called ProRealTime, which is so new, I don’t even know much about it, but it looks really cool. You can check it out here.
They are also adding Trading View to the family in the next month or so.
My issue with US brokers in the past has been a very clumsy and needlessly tedious interface (Interactive Brokers), and a few cases where orders didn’t trigger (Even though I like them, it was Oanda).
None of this is acceptable in 2019. IG US knows this, and has come to destroy their competition in this regard.
Depending on when you read this, just know, more and more features are on the way.
Customer Service
I can understand if small companies have to outsource their customer service. It’s a cost thing, and a necessary one.
When large companies do it?
When highly capitalized broker firms do it?
Those companies can suck it. I root against companies like this.
Everyone did it 15 years ago. Then once they figured out that everyone…absolutely….hated it, many got the message and moved them back stateside, or at least to a native English speaking country.
Well, not everyone got the memo, and there are still brokers in the US who outsource this critical piece.
My money is on the line, and the matter is time sensitive.
Don’t you fucking dare make me wait a long time, just to get somebody who does not fully understand what I’m talking about, and give me the same horrible answers they always do.
Can you tell how much I hate this? Most of you share my rage here.
IG Markets US has native English speakers on at all times, and not only that, they are specific to IG.
This means you’re calling an all-in-one call center who deals with multiple companies. They only deal with IG, so they know IG inside and out.
People who click my link at the bottom will get even more than this from a customer service standpoint.
I understand probably more than anyone how important this is, because no matter how easy the platforms are to use, there are always questions and issue that come up.
You will learn to despise your broker right away if this experience isn’t a positive one, and IG gets this too.
Thank God.
Patience Please
The one thing you have to understand however, is IG US just got to the US in 2019, and has spent the majority of their time getting through all of these crazy US regulations.
Without this, they can’t even operate at full capacity.
And a lot more still to come.
But as of right now, just a heads-up, they cannot take any Ohio residents. They’re working on it, but no Buckeye Staters as of right now.
What You Get
Just know as well, getting a cash bonus of any time is almost unheard of in the US.
Also know like I said above, there is a lot more great stuff coming down the line.
IG US wants to take great care of you, but all of this has just come about this July, so allow them to grow into this, okay?
So here’s the deal.
If you are in the US, click the link I give you below, and deposit a minimum of $250 USD, you will get:
- Exclusive Customer Service — Either a US resident, or an Aussie Resident every time you call, depending on time of day. Nobody else will have this option.
- You will get $250 cash after placing your first trade
Due to anti money-laundering rules and such, there is a 45 day wait before receiving this bonus. Check the link below for more details.
And if you deposit $50,000, and open 300 lots, you’ll also get:
- $5000 cash, same waiting period applies
Simply the ability to trade with IG is reason enough for anyone to sign up. But exclusive perks are even better.
So where do you go to get them?
CLICK THIS LINK BELOW
The link will take you my landing page which has all of the updates offer info, and where you can also sign up.
IF YOU ARE ON A VPN, TURN IT OFF FIRST!
Click right HERE
Once you do, you are now eligible for the perks listed above.
It is of course an affiliate link, as they always are. But this offer does not exist anywhere else.
I’m really excited about the opportunity to help bring IG US into the United States, and I hope you find this to be great news as well.
Either way, happy trading and thanks for reading.
— VP
Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.
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