Igindex Review – Spread And Binary Betting

Igindex are a well established operation (1974) who offer highly professional trading services covering shares, indexes, commodities, and currencies. Being the largest broker, they have developed an expansive trading platform, and have recently added trailing stop losses to their list of trading features.

Although they don’t provide a demo account, they do offer beginners the opportunity to trade from as little as 10 pence per point. This is quite a clever idea, as beginners will learn quite quickly the reality of the losses that inevitably accompany the wins, but without breaking the bank.

Their second to none educational program includes live web seminars with question and answer sessions at the end. You can also view previous seminars if you have missed them. Their support package for traders appears to be one of the best on offer, including access to continually updated technical analysis from independent experts Trading Central, and an integrated news service covering all markets provided by Reuters. On top of this they do have the quality of real-time trading charts that would be expected from a major player in the spread betting game.

Igindex’s ‘PureDeal’ platform (below) gives the new and experienced trader all the dealing functions and tools needed to spread-bet with confidence. Like most trading platforms, they offer ‘One-click dealing’ (on most accounts), and if they have a better price available when your deal is executed, they give it to you – thanks to their revolutionary Price Improvement technology, and they claim no other spread betting firm offers this service. Their platform helped them to win ‘Best Spread Betting Firm’ for the second year running and ‘Best Binary Betting Firm’ in 2008, at the annual Financial Times/Investors Chronicle 2008 Awards. (Binary Betting is a ‘less precarious’ form of spread betting, for more info, see Binary Betting – What Are Binaries?)

Pure Deal’s layout and functionality are highly complimentary, and although the screen is slightly ‘busy’, you can’t have everything in one place without a bit of busyness! They also offer Blackberry, Mobile Phone and IPhone dealing, their mobile platforms including the majority of features available on their standard platform including charts, and One Click dealing.

Their spreads are highly competitive, starting at 1 pip for Forex, 2 points for the Daily FTSE, and 0.5 for spot gold, which is another reason they are an award winning broker.

With their high levels of support, excellent spreads and cutting edge software, Igindex offer a fully rounded service enabling easy and secure trading for the newbie and experienced trader alike.

Sign Up at Igindex here

IGIndex Spreadbetting Platform

IGIndex Spreadbetting Platform

The Facts

How To Open An Account

Minimum Deposit

  • £10

Minimum Bet

  • 10 pence

Deposit withdrawal

  • UK debit card (Maestro, Visa-Delta, Solo, Electron), Irish Laser card
  • Credit card (Visa, MasterCard)
  • Bank transfer, cheque
  • 1.5% admin fee for credit cards

Promotions

Trading Platform Logon

Tutorials

  • Seminars (London Based)
  • TradeSense Educational Program

Support

  • Email, chat, telephone

Operating System Requirements

  • None, web-based

Demo Account

  • Not currently available

Sign Up at Igindex here