IG Markets, a subsidiary of the IG Group, was established in London in 1974. This makes them one of the industry’s oldest forex brokers. Along with this, they have developed to become one of the world’s largest brokers, with offices in Europe and the United States.
The broker is also listed on the London Stock Exchange under the ticker IGG, which adds to their dependability, and they have a physical presence in 19 offices across five continents.
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Stuart Wheeler, an investor, formed IG Group in 1974. Wheeler titled his company IG Index at the time. IG Index began as a corporation that allowed investors to trade gold indices rather than purchasing gold. IG was renamed in 2000, and it has grown to become a trading powerhouse, generating approximately $650 million in revenue every year.
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According to IG Group, it is the world’s leading provider of CFDs, with operations in more than seventeen countries. Furthermore, IG provides a wide range of trading items to prospective customers. Investors can gain access to over 17,000 financial marketplaces.
IG has a market valuation of more than $3 billion. There are 239,600 clients worldwide, and there are 1,921 employees worldwide. IG, like any other investor, has pros, limitations, and quirks.
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One of the beneficial aspects of IG is that it has a well-known global presence. The company has received awards for its quality, and it sponsors events such as the Santos Tour Down Under, as well as teams such as the Getafe CF football club, Team Sky cycling side, and Harlequin rugby team.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 13+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst
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