Browse all research recordsJSON recordMarkdown record

Research checked 2026-10-12 · Unknown fields require verification.

UK site says not directed at US, Belgium or countries outside UK; demo residency acceptance not tested.

Virtual funds: Not recorded
Selectable; options not stated

Expiry: 60 consecutive days without activity

View in the interactive finder

Account conditions

Research checked
2026-10-12
Testing status
Not tested
Recorded virtual amount
Requires Verification
Recorded currency
Requires Verification
Expiry category
inactivity
Evidence category
Documentation reviewed
Signup requirements
Create inside MT5 on IG-Demo server; contact details and currency
Notes and remaining checks
Demo password cannot be reset. Initial balance not stated; do not inherit GBP 10,000 from MT4.
Record ID
ig-mt5-uk
Broker
IG
Legal entity
IG Markets Ltd (CFD scope)
Research region codes
  • UK
Research region code
UK
Research region
United Kingdom
Research scope
United Kingdom
Platform code
mt5
Platform
MetaTrader 5
Documented terms
Controlled simulation omits live slippage
Balance reset or adjustment
Not stated
Live account or deposit
No; created in MT5 independently of My IG
Devices
PC/Mac demo setup documented; other demo devices not confirmed
Forex coverage
Forex available; demo pair count not stated
What the evidence establishes
Official broker documentation; signup and trading not tested.
Official information source
IG create MT5 demo

Official entry route

Read signup instructions

Route type
instructions
Notes and remaining checks
Create your demo inside MT5; follow these setup steps.
Evidence status
Official entry route
Research checked
2026-10-13
Testing status
Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope
IG Markets Limited · UK Forex CFDs; excludes share dealing, US options and futures. Documentation only; not account-tested.
Testing status
Not tested
Contractual role
Finding
Principal
Notes and remaining checks
IG is the contractual counterparty for its CFDs, rather than acting as your agent.
Evidence status
Documented
Research checked
2026-10-13
Execution arrangement
Finding
Market making
Notes and remaining checks
The CFD policy describes IG as market maker and sole execution venue; it may hedge some or all exposure.
Evidence status
Broker-reported
Research checked
2026-10-13
Demo realism
Finding
Live slippage omitted
Evidence status
Documented
Notes and remaining checks
MT5-specific help says the controlled demo environment does not reproduce live slippage. Other execution and fee differences remain unspecified.
Supporting sources
Research checked
2026-10-13
Research review
Research checked
2026-10-13
Review outcome
Reviewed official documentation: role Principal; arrangement Market making; demo Slippage and live checks omitted / Live slippage omitted / Slippage and some live checks omitted. No accounts opened or tested.
Remaining checks
  • No functional account testing; confirm any remaining platform-specific charges and rejection behavior.

Demo markets

Scope
IG Markets Ltd (CFD scope) · United Kingdom · MetaTrader 5. Market coverage not yet reviewed.
Testing status
Not tested
Forex CFDs
Evidence status
Requires Verification
Notes and remaining checks
Forex CFD demo access has not been established for this entity and platform.
Supporting sources

No supporting source recorded for this field.

Research checked
Requires Verification
Cryptocurrency CFDs
Evidence status
Requires Verification
Notes and remaining checks
Cryptocurrency CFD demo access has not been established for this entity and platform.
Supporting sources

No supporting source recorded for this field.

Research checked
Requires Verification

API access

Evidence status
Requires Verification
Type
Requires Verification
Access route
Not established for this offering
Notes and remaining checks
API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.
Requirements
Confirm the account, platform and regional requirements with the broker.
Supporting sources

No supporting source recorded for this field.

Official documentation

No supporting source recorded for this field.

Research checked
Requires Verification
Testing status
Not tested

Entity and regulatory research

Evidence status
Verified
Legal entity
IG Markets Limited
Regulator
Financial Conduct Authority (UK)
Finding
Authorised (Regulated), since 01/12/2001 (DD/MM/YYYY). Retail rolling spot Forex included in principal dealing and arranging permissions.
Scope
Verification covers this named UK entity and listed permissions, not all group companies or customer eligibility. Register limitations apply.

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

Official sources

IG UK create MT5 account

Source owner: Broker

Research checked: 2026-10-13

Source locator: Important Considerations for Demo Accounts

Source access note: Opened official page or PDF; documentation review only

Source ID: ex-b-ig-mt5-demo

IG UK execution policy — June 2024, CFD section (page 2)

Source owner: Broker

Research checked: 2026-10-13

Source locator: Page 2: CFDs and OTC derivatives; currently linked from UK legal page

Source access note: Primary page/PDF reopened in this pass

Source ID: execution-ig-policy

IG UK demo account

claims: Proprietary GBP 10,000 demo; Forex; form fields; UK entity FCA disclosures and territorial disclaimer.

Research checked: 2026-10-12

evidence status: Documented; not account-tested

Source ID: ig-1

IG create MT5 demo

claims: MT5 demo in platform (not My IG), PC/Mac, contact/currency, 60-day inactivity, no password reset, simulated slippage limitation.

Research checked: 2026-10-12

evidence status: Documented; not account-tested

Source ID: ig-5

IG UK MetaTrader 5

claims: IG MT5 offers Forex; general desktop/web/mobile versions. Demo-device equivalence not assumed.

Research checked: 2026-10-12

evidence status: Documented; not account-tested

Source ID: ig-6

FCA Register — IG Markets Limited

Evidence category: Live register showed IG Markets Limited, FRN 195355, status Authorised. Retail rolling spot Forex included in principal dealing and arranging permissions.

source date: Live register viewed 2026-10-12

Source access note: Direct browser UI; web-text fetch failed, full register loaded in browser.

Source ID: ig-reg-1