IG adds new trade analytics tool

Maria Nikolova

The tool is designed to help traders evaluate and improve their trading performance.

Electronic trading major IG is offering traders to discover a new trade analytics tool, which aims to help traders evaluate and improve their trading performance.

Traders can access the tool directly in the platform. It enables traders to:

  • Gain deeper insight into their winning and losing trades;
  • Identify and eliminate expensive trading mistakes;
  • See their total returns, including all fees and adjustments;
  • Monitor how much they pay in costs and charges.

The IG team explains that the feature aims to allow traders to keep building on their trading successes. To do that, traders need data that lets them see exactly what worked well, and what did not. That’s why IG will soon be adding extra features to make trades even more transparent, as IG continue to enhance the tool.

The new feature can be found in the ‘live accounts’ tab in My IG if one selects ‘trade analytics’ on the left-hand menu.

Speaking of IG’s offering to its clients, let’s recall that in February this year, IG confirmed the release of its new share dealing platform. The platform enables trading in more than 10,000 shares, trusts and investment funds.

The platform enables traders to add watchlists, markets, etc, thereby customizing the workspace. Traders can name the workspaces and add more workspaces at their own discretion. Users of the platform can browse all markets sorted by popularity from the left-hand menu. Traders can apply filters to search for stocks, ETFs, etc. To stay updated, traders can make use of the news and analysis feed available on the right side of the platform. More detailed information may be viewed by visiting the left-hand menu and selecting “News & Analysis”.

Read this next

Institutional FX

FXSpotStream volumes hit 14-month high in November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2023, which moved higher on a monthly basis.

Digital Assets

Circle denies ties with Palestinian groups, TRON founder

Stablecoin issuer Circle has denied allegations that it facilitates funding for terrorist organizations.

Retail FX

CySEC hits operator of Titanedge, TradeEU with €90,000 fine

The Cyprus Securities and Exchange Commission (CySEC) announced that it has imposed a fine of €90,000 on Titanedge Securities Ltd due to shortcomings in their regulatory obligations.

Institutional FX

Cboe FX volumes retreats slightly in November 2023

Cboe’s institutional spot FX platform today announced its trading volume for the month ending November 2023, which took a step back after a strong rebound in October.

Institutional FX

Alpha Group seals Cobase majority acquisition

Foreign exchange service provider Alpha Group International plc (AIM: ALPH) has finalized its acquisition of Financial Transaction Services, operating as Cobase.

Digital Assets

TMNG Tokens Successfully Listed on MEXC Crypto Exchange

TMN Global proudly announces the successful listing of its native TMNG token on the MEXC crypto exchange, effective December 1st, 2023. This strategic partnership marks a significant milestone for TMN Global in the crypto space.

Institutional FX

Marex completes acquisition of TD Cowen’s PB business

London-headquartered commodities broker Marex has completed the acquisition of TD Cowen’s prime brokerage and outsourced trading business, which will be integrated into Marex’s capital market division. This division was established following the acquisition of ED&F Man Capital Markets in 2022.

Digital Assets

Talos introduces decentralized liquidity and onchain settlement with Uniswap and Fireblocks

“At the cornerstone of the DeFi ecosystem, Uniswap has the breadth of assets and depth of liquidity that institutional traders need. And to have this partnership powered by Fireblocks, a digital assets infrastructure provider trusted by some of the most renowned institutions, is very fitting.”

Digital Assets

FINMA-regulated crypto bank SEBA Bank rebrands to AMINA

“As we look forward to 2024, our ambition is to accelerate the growth of our strategic hubs in Switzerland, Hong Kong, and Abu Dhabi, and to continue our global expansion, building on all the successes we have laid down over the past years.”