Forex brokers for large accounts dubai
An IG trading account also allows traders to indulge in the world of spread betting, which is considered to be a tax-free alternative to Forex trading. Spread betting is entirely exempted from taxes or stamp duties in the UK, which is perfect for investors looking for cost-effective trading solutions. Apart from the traditional markets, IG also provides binary options trading that enables traders to make fixed profits by betting on the direction of a trend. These reward points can be redeemed for gifts and electronics or other promotional materials provided by IG through their seasonal offers.
It is not a surprise that the broker has shied away from deposit bonuses , primarily due to its regulatory status and the numerous complications that may occur within the broker-client relationships owing to the bonus terms and conditions.
The maximum IG leverage is 1: All other instruments can be traded with a higher margin requirement, which essentially means that the leverage changes according to the type of the financial instrument. Shares and Indices trading are offered lower leverage, while spread betting and binary options are leveraged products that have a fixed leverage according to the asset traded.
The commissions and other costs decrease with an increase in the lot size, thereby providing additional incentives for larger traders and institutional investors to transmit large orders through the IG platform. IG has spent an enormous amount of resources into offering the most extensive variety of IG platforms for traders to access the markets according to their choice. IG has provided the MT4 as the standard for the Forex traders but has designed other advanced platforms for both mobile and desktops.
Traders can choose between desktop, mobile, and web-based interfaces according to their preferences, which is available for IG mobile devices as well. Smartphones and tablet users account for a significant percentage of IG traders, and the broker offers support for iOS, Android, and Windows devices. Since the MT4 platform is more commonly used as a market maker platform, IG chooses to offer the L2 dealer interface for offering direct market access. Forex Broker bank account.
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