Is IG Suitable For Day Trading?

IG is well-suited for new traders thanks to its intuitive web platform, demo account access, and extensive educational resources. The broker also offers a wide range of trading instruments, including forex, commodities, indices, shares, and bonds. The IG Markets mobile app features a convenient watchlist feature that lets traders track their favorite securities and execute trades without ever leaving the page. Is IG Suitable for Day Trading?

The IG Online Platform has a built-in news feed from Thomson Reuters, which publishes a steady stream of stories throughout the day. The news and analysis section covers topics like key support and resistance levels, technical analysis, and trade ideas. The broker also offers a range of Autochartist signals, which help traders identify opportunities.

Is IG Suitable for Day Trading? Pros and Cons

In addition to market insights and technical analysis, IG also offers social/community research, which helps elevate the trading experience for traders at all proficiency levels. The broker also hosts webinars to enhance trading skills and spotlight influential news catalysts. Its in-house research covers a broad range of market topics and includes intermediate technical analysis.

The IG Academy is an excellent resource that houses 18 courses, each taking 30 to 90 minutes to complete. The site also features progress tracking quizzes and a gamification element to encourage learners. IG also makes algo trading as accessible as possible through ProBuilder, an easy-to-use coding language that allows traders to automate their trades based on readings from technical indicators and other factors. The IG community is active and provides a wealth of information through blogs and forums.

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