Moving faster
Download Full ReportIG Group is a global trading and investment platform on a mission to unlock the potential of every customer.
Our year in summary
1. Numbers are presented on a continuing operations basis.
2. Total revenue is calculated as net trading revenue plus net interest income. See appendices for reconciliation.
3. On an adjusted basis, FY25 earnings per share was 114.1 pence (FY24: 90.3 pence).
4. Represents the value of share buyback announced at our full year results on 24 July 2025.
5. On an adjusted basis profit before tax was £535.8 million (FY24: £456.3 million).

A strong case for investment

Why our clients choose us
A business model with huge growth potential
Technology
Market-leading technology is fundamental to the success of our business. High-quality and reliable trading platforms have earned us a strong reputation and differentiate our offering. Continued investment is necessary to maintain and extend our competitive advantage, including in the following areas
- Resilience – our customers want to access their accounts and have the ability to trade at any time. We continually invest in capacity to deal with high demand and enhance resilience against external threats
- Product development – we must develop and deliver new products and services aligned to clients’ evolving needs with pace, rigour and intensity
- Customer experience – we must get closer to our customers, understand their needs and build our products and features around demand
Brand and reputation
Our brand and reputation are differentiated as a result of ongoing investment in the following areas:
- Trading platform – we provide exceptional liquidity and low latency execution, supplemented by value added content and research tools
- Customer centricity – we are available to help our customers when they need us via their preferred channel
- Strong risk management – a laser focus on risk management has been central to our success for more than five decades
People and culture
Our people are empowered to lead and inspire, think big, champion the client, deliver at pace and raise the bar. Our target behaviours have been clearly articulated across the business and create a framework for engagement and performance management.
Financial capacity
We have a long track record of revenue growth at attractive margins and deliver consistently strong cash conversion. This allows us to invest in organic growth, evaluate accretive acquisition opportunities and return capital to shareholders via dividends and share buybacks.
OTC
IG pioneered the retail over-the-counter (OTC) derivatives category, and we are the largest provider of these products to retail traders worldwide. Our platform provides access to over 19,000 underlying instruments globally. IG’s superior liquidity, low latency execution, broad range of tradable instruments and content and analytical tools differentiate our proposition. Our OTC business model is differentiated from competitors and is key to our long-term success. Internalisation – IG is the counterparty to OTC trades executed on our platform. We centralise the market risk resulting from customer dealing activity worldwide and offset positions to determine our net real-time exposure. As a result of our scale, the vast majority of trades offset as customers take opposing positions. External hedging – once trades have been offset, we are left with residual market risk, which we manage within Board-approved tolerance levels. If exposure approaches our limit, we begin hedging passively to reduce our risk. In the event that we reach this limit, we hedge aggressively to eliminate additional exposure. Our market risk management model aligns IG with our customers. Our revenue is driven by spread, commission and overnight funding charges, it is not driven by client losses. We want our customers to trade successfully and we invest in content, education and tools to help them do so.
Stock trading and investments
Our stock trading and investments offering provides access to over 12,000 equities, exchange traded funds and fixed income products worldwide, including fractional shares, mutual funds, UK Treasury bills, UK tax wrappers, securities lending and proxy voting services across the IG Invest and Freetrade platforms. IG Smart Portfolios enables clients to invest in off-the-shelf baskets designed by BlackRock, at a fraction of the cost of traditional wealth management.
We have an extensive product roadmap that will further enhance our offering to ensure that we provide everything a self-directed trader and investor needs.
Futures and options
Our US business, tastytrade, is one of the fastest growing parts of the Group. Our primary focus is on simplifying our offerings and increasing share of the large and rapidly expanding US retail options and futures market.
Crypto
In May 2025, we launched our cash crypto trading platform in the UK which now provides access to 35 of the most heavily traded coins. Throughout the course of the year, we also expanded our offering in the US from four to 23 coins and enabled cryptocurrency deposits and withdrawals for seven digital assets. We are working hard to close gaps in our crypto offering in other markets around the world.
Content and education
We provide content and education to support customers with their trading and investing activity. Through our Trade Live with IG and tastylive channels, we broadcast over ten hours of live programming each day, featuring market updates, expert analysis, educational webinars, and tutorials. We also offer comprehensive content, education and support tools such as signals, analytics and charting applications alongside proprietary insights into the positioning of our most successful traders.

