Adding a live MT4 account
To add a live MT4 account, simply log in to My IG and select ‘add an account’, then choose ‘MT4 account’. This should only take a couple of minutes.
Adding a demo MT4 account
You’ll need to download MT4 and create a demo account on the platform itself, as follows:
Open MT4
Click on ‘file’ on the top left corner of the platform
Select ‘open an account’
Choose ‘IG-DEMO’ as the trading server
Select ‘new demo account’
Enter your contact details and choose your currency
A confirmation screen will display your login details. We recommend that you make a note of these details for future reference. Select 'finish' to start using your demo account. You can also find your login details in your MT4 Mailbox, located at the bottom of the platform.
Unfortunately, we can’t reset MT4 demo account passwords. Demo MT4 accounts will expire after 60 consecutive days of inactivity.
Demo accounts might not match live markets exactly. Demo accounts run in controlled environments, while the quick rise and fall of prices in live markets may cause slippage.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Clients can lose more than they deposit. All trading involves risk.
IG is a trading name of IG Markets Limited and IG Markets South Africa Limited. IG Markets South Africa Limited offers domestic accounts and IG Markets Limited offers international accounts.
IG Markets South Africa Limited is authorised and regulated by the Financial Sector Conduct Authority (in South Africa) as an over-the-counter derivative provider and an authorised financial services provider (FSP No 41393). IG Markets Limited is authorised and regulated by the Financial Conduct Authority (in the UK).
IG provides execution only services and enters into principal-to-principal transactions with its clients on IG’s prices. Such trades are not on exchange. Whilst IG Markets South Africa Limited is a regulated FSP and acts as an intermediary as understood in the FAIS Act in relation to the international accounts offered by IG Markets Limited, CFDs issued by IG are not regulated by the FAIS Act as they are undertaken on a principal-to-principal basis. CFDs issued by IG Markets South Africa Limited are regulated by the Financial Markets Act, and IG Markets South Africa Limited is a licenced over-the-counter derivative provider.
South African residents are required to obtain the necessary tax clearance certificates in order to utilise their foreign investment allowance should the South African resident wish to open an international account with IG Markets Limited.
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