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IG Group (IGG.L)

Financial Services Dividend payer

The UK online platform where people trade CFDs, spread bets and other leveraged products - and it keeps the fattest profit margin of the six.

£14.60
≈ 1,460p · London-listed shares are usually quoted in pence (GBX) elsewhere; the Almanac shows pounds (£1 = 100p).

Is IG Group a good stock for a UK beginner?

The honest version: The UK online platform where people trade CFDs, spread bets and other leveraged products - and it keeps the fattest profit margin of the six.

No rating · no target price · nothing for sale here
Price+55.7%
52-week range+62% past year
£14.60
Low £10.16High £19.56
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into IG Group
£1,557+56%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
£4.82B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
1.22M
Day range: The lowest and highest price the shares traded at during the latest day.
£14.48 – £17.14
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
£10.16 – £19.56
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
13.9
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
3.6%
Why has it been moving?▼ -1% past week · ▲ +62% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Diversification beyond core CFDs/spread betting into futures and stock trading successfully broadens the revenue base.

The bear case

Structural regulatory tightening on retail leveraged products across multiple jurisdictions caps the addressable market.

What does IG Group do?

IG Group runs an online platform where clients trade CFDs, spread bets and other leveraged derivatives (fancy products that amplify both gains and losses), plus newer share-dealing and futures offerings. Because a trading platform is capital-light - not much heavy machinery needed - it keeps a net margin: How much of each £1 of sales becomes profit after all costs. Higher = more profitable per sale. of 46.3%, the highest of the six companies here. Revenue growth: How fast the company's sales grew versus a year ago. of 8% is the slowest of the group, though, and its value screener score is the lowest, meaning it trades at a relatively higher multiple than the others. The one thing worth watching -> that rich margin sitting against the group's slowest top-line growth.

VQGMI
Factor profile

On our factor screen it looks strongest on quality and income, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 46Quality: How profitable and financially healthy the company is (higher = stronger). 73Growth: How fast revenue and earnings are growing (higher = faster). 61Momentum: How the share price has been trending recently (higher = stronger recent run). 39Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 68
Quick checks
What's strong
  • Quality screens high (73/100)
  • Highest net margin among the six companies, reflecting a capital-light platform model
  • Established, long-standing brand in online trading
  • Diversifying revenue into futures and stock trading
What to watch
  • Regulatory changes affecting leverage limits or marketing of CFDs/spread betting in key markets
  • Revenue sensitivity to market volatility and client trading volumes
  • Competition from other trading platforms

What do IG Group's numbers mean?

Net margin
46.3%
Almost half of revenue converts to profit, the highest margin among the six companies, characteristic of an online trading-platform business model.
P/E
17.2 (fwd 13.1)
The trailing multiple of 17.2 times falls to 13.1 times on forward estimates, implying the market expects some earnings growth.
Dividend yield
3.4%
The shares carry a dividend yield of 3.4% at the current price.

Does IG Group pay a dividend?

Yes - IG Group currently pays a dividend of about 3.6% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

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What are the scenarios for IG Group?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

£20£15£10today · £15▲ Bull · £17• Base · £15▼ Bear · £12in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+10% to +18%Higher market volatility lifts client trading volumes and quarterly revenue comes in ahead of recent trends.
Base
-8% to +8%Client activity levels stay broadly similar to recent quarters.
Bear
-15% to -25%A quiet trading environment or new regulatory restrictions on leveraged products reduces revenue.

What are the pros and cons of IG Group?

3bull points
5bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Highest net margin among the six companies, reflecting a capital-light platform model
  • Established, long-standing brand in online trading
  • Diversifying revenue into futures and stock trading
The catch2
  • Slowest revenue growth of the group
  • Lowest value screener score, meaning it trades at a comparatively higher multiple relative to the others here
Key risks3
  • Regulatory changes affecting leverage limits or marketing of CFDs/spread betting in key markets
  • Revenue sensitivity to market volatility and client trading volumes
  • Competition from other trading platforms
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: GBP · flags: roe · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.