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IG Markets Declared CFD Provider of the Year yet Again


News provided by

IG Markets

Nov 17, 2011, 04:00 ET

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LONDON, November 17, 2011 /PRNewswire/ --

UK number one scoops Shares Magazine award for third consecutive year

IG Markets, the UK's largest* provider of Contracts for Difference (CFDs), has once again been awarded the title of CFD provider of the year, as voted for by readers of Shares Magazine. This is the third consecutive year that IG Markets has been given the accolade, underlining the company's standing in what remains a highly competitive market.

Arman Tahmassebi, Managing Director of IG Markets, commented:

"Our CFD product remains hugely popular with clients both in the UK and overseas - something that has been emphasised not only in receiving this award but also in the findings of the latest Investment Trends survey. Aside from being by far the most popular provider in terms of client numbers, we're also leading the field in client satisfaction, while our charting packages are seen as the best in the industry and we offer our platform on an unparalleled range of mobile devices as well."

Contracts for Difference allow clients to gain economic exposure to a wide range of assets from a single trading account. Furthermore, clients benefit from competitively low margin rates, which allow positions to be opened with only a fraction of the full contract value required as a deposit.

IG Markets has been offering clients the ability to trade from their mobile handset since 2004, and the advent of smartphones has seen the popularity of mobile trading platforms grow enormously. The company launched its iPhone app during 2010 and this has now been accompanied by applications tailored for Android, Blackberry and the iPad tablet. Almost 60% of CFD traders in the UK now use a smartphone or tablet to manage their account or place deals, with a further 20% intending to start doing so in the coming year.

With a strong focus on client education, IG Markets runs a regular series of face-to-face seminars from its London offices, along with a range of webinars and downloadable tutorial videos.

About IG Markets

IG Markets is an international market-maker in financial derivatives, offering clients the ability to trade on over 7000 shares listed on markets worldwide, along with indices, forex, commodities and treasuries. IG Markets is part of IG Group (IGG.L) the FTSE-250 listed company which has a market capitalisation of £1.7bn, employs in excess of 900 people and has offices in 15 countries worldwide. For further information please visit http://www.igmarkets.co.uk, or call +44(0)20-7896-0011.

Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc, registered in the US and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

Media Contact:

Tony Cross, IG Group: +44(0)207-573-0245

*    Largest single provider of CFD accounts in the UK, Investment Trends UK Financial Spread Betting & CFD Trading Report (2009, 2010, and 2011).

SOURCE IG Markets

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