IG ISA Review: IG is best known as a trading and investment platform, but it also offers a Stocks & Shares ISA for UK investors.
The IG Stocks & Shares ISA may appeal to investors who want access to shares and ETFs without paying a platform or custody fee. IG also offers a web platform, mobile app, regular investing, advanced research tools and access to other accounts including a SIPP, GIA and Junior ISA.
However, IG is not the right fit for everyone. In this IG ISA Review, we look at fees, investment options, platform features, pros, cons and whether IG may be a good choice for UK investors in 2026.
If you’re still comparing providers, see our Best Stocks & Shares ISA UK guide.
Jump to:
Quick Verdict · Fees · Investment Options · Platform & Features · Is IG Good for Beginners? · Safety & Regulation · Pros & Cons · Alternatives · Final Verdict · FAQs
IG ISA Review: Quick Verdict
IG offers a strong low-cost Stocks & Shares ISA for investors who mainly want to buy shares and ETFs.
The main attraction is that IG does not charge a platform or custody fee in the current UKMoneyLab model, and share and ETF dealing is treated as commission-free under the standard setup reviewed here.
However, IG does not offer traditional mutual funds or OEICs in this review, and a 0.7% foreign exchange fee may apply when investing in non-GBP assets.
Overall, IG may suit investors who want a low-cost ISA for shares and ETFs, but it may be less suitable for investors who want traditional funds or a very simple beginner-focused platform.
IG ISA Review: Quick Comparison
This IG ISA Review summarises the key account features, fees and investment options available to UK investors.
| Feature | IG ISA |
|---|---|
| Stocks & Shares ISA | Yes |
| SIPP | Yes |
| GIA | Yes |
| Junior ISA | Yes |
| Lifetime ISA | No |
| Cash ISA | No |
| ETFs | Yes |
| UK and international shares | Yes |
| Traditional funds/OEICs | No |
| Fractional shares | No |
| Regular investing | Yes |
| Mobile app | Yes |
| Web platform | Yes |
| Research tools | Advanced |
| Transfers in | Yes |
| In-specie share and ETF transfers | Yes |
| Managed portfolios | Yes |
| DIY investing | Yes |
| FCA regulated | Yes |
| FSCS protection | Yes |
IG ISA Review: Fees
One of the biggest strengths of the IG ISA is its low-cost structure for share and ETF investors.
In the current UKMoneyLab model, IG has:
- No platform fee
- No custody fee
- Commission-free trading on shares and ETFs
- A 0.7% FX fee that may apply to non-GBP investments
This means IG can be competitive for investors who mainly buy UK shares, UK-listed ETFs or other investments where foreign exchange costs are not a major factor.
However, the 0.7% FX fee is worth noting if you regularly buy US shares or other non-GBP investments. Even if there is no standard dealing commission, foreign exchange charges can still affect your overall cost.
For the latest commission, platform and account charges, see IG’s official share dealing costs and fees.
If you want to understand how platform fees, dealing charges and FX fees affect long-term returns, read our ISA Fees Explained UK guide.
IG investing offer
New IG customers may be able to access selected investing offers, subject to terms and conditions. Capital at risk.
IG investing offers
New IG customers can currently access selected investing offers on ISA, GIA or SIPP accounts.
Welcome £300 in free shares
Invest at least £300 with IG and get free shares worth up to £300*.
Claim this offerFree SpaceX shares offer
Invest at least £300 by 31 July to get free SpaceX shares worth up to £1,000**.
View SpaceX offer* Capital at risk. New customers only. Offer valid until 30 days after opening your account on ISA, GIA or SIPP accounts. Minimum share value £40. Cannot be used in conjunction with other offers. Terms & conditions apply.
** Your capital is at risk. New customers only. Min invested £300, reward will be a random allocation of shares. Offer valid until 31/07/2026 on GIA, ISA or SIPP accounts. Cannot be used in conjunction with other offers. T&Cs apply.
IG Investment Options
IG offers a broad investment range for share and ETF investors, but it is not a traditional fund platform.
Through the IG Stocks & Shares ISA, investors can access:
- ETFs
- UK shares
- International shares
- Managed portfolios
- DIY investing
IG also offers other account types, including a SIPP, General Investment Account and Junior ISA.
However, IG does not offer traditional mutual funds or OEICs in the current UKMoneyLab review model. This means it may not suit investors who want to build a portfolio using funds such as OEICs or unit trusts.
If you are unsure whether ETFs or traditional funds are right for you, see our ETF vs OEIC comparison.
IG Platform, App and Features
IG offers both a web platform and mobile app, making it suitable for investors who want to manage their ISA online.
The platform includes advanced research tools, regular investing, portfolio management features and access to both DIY investing and managed portfolios.
Compared with very simple investing apps, IG may feel more advanced. That can be a positive for investors who want research, charts and more control, but it could feel slightly more complex for complete beginners.
For investors who want a simpler app-led experience, platforms such as Trading 212 or InvestEngine may be worth comparing.
Is IG Good for Beginners?
IG can be suitable for beginners, but it depends on the type of beginner.
It may work well for beginners who:
- Want to invest in ETFs
- Want to buy shares
- Prefer a low-cost platform
- Are comfortable using an online investment platform
- Want more advanced research tools as they learn
It may be less suitable for beginners who:
- Want traditional funds or OEICs
- Want the simplest possible platform
- Prefer a smaller, curated investment range
- Want fractional shares
For new investors, the most important thing is not just choosing the cheapest platform, but choosing one that matches how you actually plan to invest.
New investors may also find our Best Stocks & Shares ISA for Beginners UK guide helpful.
Is IG Safe?
IG is FCA regulated and eligible investments may be covered by FSCS protection, subject to the usual limits and rules.
As with all investing platforms, FSCS protection does not protect you from investment losses. The value of investments can go down as well as up, and you may get back less than you invest.
IG is an established provider, but investors should still understand the risks of investing, platform terms, fees and the types of assets they are buying.
Stocks & Shares ISAs are also subject to HMRC ISA rules, including annual contribution limits and eligibility requirements.
IG ISA Review: Pros and Cons
IG ISA Pros
- No platform fee in the current model
- No custody fee in the current model
- Commission-free share and ETF trading in the standard setup reviewed here
- ETFs available
- UK and international shares available
- Stocks & Shares ISA, SIPP, GIA and Junior ISA available
- Mobile app and web platform
- Advanced research tools
- Regular investing available
- Transfers in supported
- FCA regulated
- FSCS protection
IG ISA Cons
- No traditional mutual funds or OEICs in this review
- No fractional shares
- 0.7% FX fee may apply to non-GBP investments
- Platform may feel more advanced than some beginner apps
- Not ideal for investors who want a simple fund-only portfolio
Who Is the IG ISA Best For?
The IG ISA may suit investors who want a low-cost way to invest in shares and ETFs.
It may be particularly suitable for:
- ETF investors
- Share investors
- Investors who want no platform fee
- Investors who prefer web and mobile access
- Investors who want advanced research tools
- Existing IG customers
- Investors considering both ISA and SIPP options
IG may be less suitable for:
- Investors who want OEICs or traditional funds
- Investors who want fractional shares
- Investors who want the simplest possible beginner platform
- Investors who regularly buy non-GBP assets and want to minimise FX fees
IG ISA Review: Final Verdict
This IG ISA Review finds that IG can be a strong option for UK investors who want a low-cost Stocks & Shares ISA focused on shares and ETFs.
The lack of platform and custody fees in the current UKMoneyLab model makes IG attractive for cost-conscious investors, while the availability of a web platform, mobile app, research tools and regular investing gives it more depth than some basic investing apps.
However, IG is not the best fit for everyone. Investors who want traditional funds, OEICs or fractional shares may prefer another platform.
Overall, IG may suit investors who want a flexible, low-cost ISA for ETFs and shares, but it is worth comparing against alternatives before choosing a provider.
IG official share dealing costs and fees
IG official currency conversion fees page
Alternatives to the IG ISA
IG is not the only low-cost investment platform available to UK investors. You may also want to compare:
Hargreaves Lansdown ISA Review
For research tools, funds, shares and a full-service platform
Read Review →Trading 212 ISA Review
Commission-free investing, fractional shares and a simple platform
Read Review →Frequently Asked Questions
Is IG a good Stocks & Shares ISA?
IG may be a good Stocks & Shares ISA for investors who want access to shares and ETFs without paying a platform or custody fee in the current model. However, it may not suit investors who want traditional mutual funds or OEICs.
Does IG charge a platform fee?
In the current UKMoneyLab model, IG does not charge a platform or custody fee for the standard share and ETF investing setup reviewed here.
What are IG ISA fees?
The main costs to consider are foreign exchange charges on non-GBP investments. IG’s FX fee is listed as 0.7% in the current review model. Investors should always check IG’s latest official fee schedule before opening an account.
Can I buy ETFs in an IG ISA?
Yes. IG offers ETFs within its Stocks & Shares ISA.
Does IG offer mutual funds or OEICs?
No. IG does not offer traditional mutual funds or OEICs in the current UKMoneyLab review model.
Does IG offer fractional shares?
No. IG does not currently offer fractional shares in this review model.
Is IG suitable for beginners?
IG can suit beginners who want to invest in shares or ETFs and are comfortable using an online platform. However, complete beginners who want a simpler app or traditional funds may prefer another provider.
Is IG FCA regulated?
Yes. IG is FCA regulated, and eligible assets may be protected by FSCS rules, subject to limits and conditions.