| With this broker you can forget any kind of daytrading - you will lose for sure. You can only use them if you are ready to hold a position for ages. Yes, they have great advertisement campaigns, they have a very good selection of pairs and low prices and very good customer support. But unfortunately these people do not make their main profits from the spread. This is how they make their money: They have a browser-based platform in which they have built in certain "mechanisms" which are supposed to prevent traders from making profitable trades on a reagular basis: 1) In many cases you will not be able to close your position online getting the message "Sorry , this market is not dealable". That is why you are gonna need to call in and have the transaction closed manually. The idea behind that is that most FX traders will have an urgent reason to close a transaction immediately and if this is not allowed and they will need to call the broker then precious time is gonna get lost in which a losing transaction is gonna become more losing and a profitable transaction is gonna become less profitable - particularly in volatile times. And I am specifically NOT talking about the NEWS time but about the NORMAL time. They do it on a regular basis 2) In many cases before placing a trade the platform will refuse to show you the current quotes but it will still be ready to open the transaction for you. This is made intentionally so they can increase the spread. So these are the main problems which will make you lose regardless of your strategy. If you call their customer support they will be very friendly and will tell you that there are problems with Java on your computer which is why the platform may not work properly on your computer. This is of course non-sense. In other words: They display the correct price and do NOT cheat there.But they do not pass on the risk to the market but play against your positions which means your profit = their loss and your loss = their profit
If you want to be successful on FX you should find a broker who pass on the risk to the market.If you take a broker who is playing against your positions to profit from your loss , then you will lose - even if you do have a great strategy.
It is absolutely fine if an FX broker increases the spreads during news time or even if the platform gets frozen.This will be the case with virtually all brokers.
But there are many brokers who play against your positions in normal times and this is where you should be careful - IG markets is one of those brokers. | 
