Number one CFD provider

An independent survey of Australia’s CFD market has named us the number one provider for CFD traders.

The seventh annual May 2012 CFD Report by Investment Trends, a leading global research agency for FX, CFDs and Online Broking, found that that 43% of active CFD traders have an account with us.

Furthermore, 37% of CFD traders choose us as their main provider.

This cements our leadership status with the closest competitor some 16% behind*.

Australia’s CFD industry

The research also showed that the number of CFD traders in Australia had grown by 7% in the past 12 months to 44,000. As the CFD industry is fiercely competitive, it is imperative that providers keep an edge: clients receive the greatest benefit of this constant need to innovate.

The number one ranking comes at a time where there has been increased interest in foreign exchange, overseas indices and commodities. This can be attributed to the dreary performance of the local share market, and volatile conditions in US and European markets giving CFD traders further trading opportunities on global markets.

Mobile innovation

Interestingly, the report highlighted that Australian traders were more likely than any other country’s traders to use smartphones and tablets to trade.

Mr Tamas Szabo, IG Markets’ Head of Asia Pacific, acknowledged our investment in mobile platforms over the last couple of years in order to keep up with changing times. "IG Markets caters for trading on a wide range of devices, with apps available for iPhone, iPad, BlackBerry, Windows Phone 7 and Android. We recognise that our consumers are going mobile, and easy access to take advantage of market opportunities at all times is paramount."

In addition, he commented that, "We have focussed heavily in the last 12 months on giving traders all the tools they need to make informed decisions, whilst offering competitive spreads and maintaining a highly reliable trading platform. And we offer one of the widest ranges of markets to trade."

"In terms of client recruitment, I firmly believe our stance on how we treat client funds has helped. When trading with IG Markets, client funds, along with net running profits, are segregated into a regulated trust account at top tier Australian banks and are not used to meet our trading obligations or for IG Markets' own hedging purposes; this is different to how some firms operate."

See more on our mobile trading offering and wide range of markets.

Not trading with us?

Apply online today and discover why 43% of all active Australian CFD traders have an account with us.

*37% of CFD traders choose IG Markets as their main provider vs. 21% for the next largest provider - Investment Trends May 2012 CFD Report.