IG Australia Forex Broker Review

Up to AU$1.00 Rebate per Lot

IG Australia Facts

  • Australia's No.1 CFD Provider
  • Trade over 90 different curreny pairs
  • Up to AU$1.00 per lot rebate
  • Spreads from as low as 0.6 pips
  • Numerous way to trade including mobile and Meta Trader 4
  • Direct Market Access (DMA) available for experience traders

Summary Review

Review Summary

Licensed in Australia with AISC (AFSL number:220440) and New Zealand (FSP No. 18923) IG Australia is not only the number one provider of CFDs in Australia but the largest in the world!

With their headquarters in London and Australian offices in Melbourne, IG provide 24/5 customer support via phone, email and live chat. With their low spreads, unique range of forex charts, direct market access, the ability to trade on the price of even bitcoin and to top it all off IG offer a volume rebate of up to AU$1.00 per lot traded.

You can see why IG is Australia's number one retail forex provider!

IG Australia Forex Rebate Offer

    • Trade 500 - 2,499 lots and receive AU$0.50 per lot rebate
    • Trade 2,500 - 4,999 lots and receive AU$0.75 per lot rebate
    • Trade 5,000+ lots and receive AU$1.00 per lot rebate

How is the Rebate Credited?

Rebate calculated on monthly trading volumes and is paid as cash into your account on the 10th of the month

Software

MT4, Web trading on Windows, Mac, Web and Mobile (iOS & Android devices)

Quick Facts

  • AISC Regulated
  • 24/5 Australian Customer Service
  • AUD Denominated accounts available
  • Trade bitcoins
  • Free market analysis and trader education

Deposit Methods

  • Visa & Mastercard Debit & Credit Cards - Instant and zero fees
  • BPay - Instant and zero fees
  • Wire Transfer - Two to Five Days and your bank fees will apply

Detailed Review

IG Australia Rebate Review

IG are proud sponsors of Melbourne Football Club!

Licensed in Australia with AISC (AFSL number:220440) and New Zealand (FSP No. 18923) IG Australia is not only the number one provider of CFDs in Australia but the largest in the world!

Listed on the FTSE250 in the UK, With headquarters in London and Australia and New Zealand managed out of their local base in Melbourne. IG with their 40 year track record are the top choices for Forex CFD trading.

IG Australia provide everything you would expect from a tier 1 broker, be it 24/5 customer support, trading access via web, phone, tablet and MT4. They offer all of the tools you need to trade including  advanced charting packages ProRealTime and MetaTrader 4 charting tools, educational content and news wire service. With forex spreads from as low 0.6 pips on the AUD/USD pair (over 90 currency pairs to choose from), the ability to trade bitcoin (including going short) all topped off with a volume forex rebate up to $AU1.00

You can see why IG is Australia's number one retail forex provider!

Trading Forex with IG Australia

  1. Trade Forex using CFDs via web, mobile apps or Meta Trader 4 (MT4)
  2. Can also trade Forex via Direct Market Access (recommended for experienced traders only)
  3. Leverage of 200:1 available as standard
  4. Low margin and competitive fees
  5. Award winning customer service
  6. Up to AU$1 per lot volume rebate

IG Australia Forex Rebate Review

When you open a new CFD account with IG Australia you can qualify for a volume rebate worth up to AU$1.00 per lot!

How the Rebate Works:

The rebate is calculated and credited on a monthly basis. As this is a volume rebate programme, the more you trade the higher the rebate.

Rebate Tiers as Follows: 

Tier 1: 0 to 499 contracts traded in a month - you qualify for no rebates

Tier 2: 500 to 2,499 contracts traded in a month - you qualify for a AU$0.50 per contract rebate

Tier 3: 2,500 to 4,999 contracts traded in a month - you qualify for a AU$0.70 per contract rebate

Tier 4: 5,000+ contracts traded in a month - you qualify for a AU$1.00 per contract rebate

How is the Rebate Calculated 

If you traded 5,500 standard lots in a calendar month, it would be 5,500xAU$1.00 = AU$550 rebate credited to you

Other things to note: 

  • Rebate is calculated monthly (start and finish time based on UK time zones)
  • Rebate does not apply to DMA trades
  • Rebate is paid on the 10th of the month

How to get your Rebate:

  1. Open a new CFD Account
  2. Make a deposit
  3. Start trading
  4. Meet the minimum trading requirements listed above
  5. BOOM, get your rebate on the 10th of the month!


IG Australia Other Rewards

IG as a well established CFD powerhouse, offer a range of services to keep all traders happy, including:

Bitcoin Trading!

Yes that is right, you can trade bitcoin as a CFD and take advantage of the huge volatility of the exchange rate as well as going short! You can do all this without having to ess around with all the technical nonsense that comes with owning bitcoins such as setting up wallets and worrying about securely storing your bitcoins. the IG bitcoin CFD takes away all of the stress and lets you focus on what is important, trading! Oh, and don't forget the 200x leverage as standard!

Free Forex Trading Signals

IG Australia offers free forex trading signals from Autochartist and PIA-First, signals include:

  • Real time alerts
  • Available on desktop and mobile
  • Confidence levels of the signal
  • Different signal strategies to suit you
  • Autochartist focuses on pattern recognition
  • PIA-First provides expert analysis and commentary
  • Enabled free in your account under the "Signal Centre" tab

Education & News

As you would imagine from a company like IG, the education and news service they provide is second to none and includes:

  • Full education centre catering to all levels of experience
  • Free webinars and seminars with trading experts
  • Live market data and news
  • Free economic calendar
  • Access to IG TV - IG's own trading news show

Expert Opinion: Best for CFD Trading!

Expert Opinion Summary

IG Australia is hands down the top CFD provider in Australia (and the world) with the level of service and depth of product offering that you would expect from the best. While IG does offer DMA access for those traders that need it, we would recommend if you want to trade through direct market access to instead check out Vantage FX.

The benefit of CFD trading apart from leverage and not having to own the underlying asset is that with a provider like IG, you can trade more than just Forex on the same platform but also equities, commodities and even bitcoins. The second big advantage of CFDs for forex trading is that there is no minimum lot size trading requirements which gives you a lot great flexibility when trading.

All of these benefits combined with award winning service and forex rebates up to AU$1.00 per lot, makes IG a winner!