IG continues to impress as business booms

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IG, one of the biggest, oldest and best spread betting brokers in the has posted some pretty decent figures for 2016.

IG made a pre-tax profit of £207,9 million (to May) and has upped the average fixed salary from £53k to £60k.  They have also increased new clients (i.e. customers that don’t just sign up but also deposit funds and place a bet) 29% from last year.

That pretty impressive seeing as the forex broker market is one of the most saturated and competitive out there. Especially considering as IG don’t offer sign up bonuses like rivals ETX Capital.

Chief Executive Peter Hetherington said:

We made good progress in 2016, strategically, operationally and financially, and the business starts this year in good shape

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