UK online trading platform offering retail clients CFDs, spread betting, forex and share dealing across global markets.
UK online trading platform offering retail clients CFDs, spread betting, forex and share dealing across global markets.
Earns by quoting prices on markets and keeping the spread or a commission on clients' trades, so revenue follows trading activity and volatility rather than account balances. Clients trade with borrowed money through CFDs (contracts for difference) and spread bets, which UK and European regulators have restricted, so rule changes are a central risk.
In one line: A leveraged-trading version of Interactive Brokers.
Moat: narrow (brand, scale, regulatory licence). Regulatory licences across many jurisdictions and platform scale create barriers, though client acquisition costs are high.
Headquarters: London, UK · Founded: 1974 · Employees: 2,354
Size IG Group Holdings plc (IGG.L) is a United Kingdom Financials company (Investment Banks/Brokers) with a market value of $4.23B, the 104th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £936.00 on 6 Nov 2026.
Performance Over six months the shares fell 38.5%, against -12.0% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 15.7% over the last twelve months (peer median +9.2%); the operating margin is 39.8% (peer median 32.1%).
Valuation It trades at 8.7× forward earnings against a peer median of 14.6× (6th cheapest of 18).
Next results Next results expected around 29 Jul 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | n/a | £1.16B | £1.00B | £1.04B | £994M |
| Revenue growth | — | +16% | -4% | +5% | — |
| Gross profit | n/a | £1.02B | £876M | £923M | £923M |
| EBITDA | n/a | £525M | £444M | £500M | £544M |
| Net income | n/a | £501M | £308M | £365M | £396M |
| Free cash flow | n/a | £226M | £414M | £181M | £696M |
| Capital expenditure | n/a | £4.30M | £17.5M | £26.2M | £17.5M |
| Total debt | n/a | £598M | £322M | £318M | £319M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| IG Group Holdings plc IGG.L | $4.23B | -38% | +16% | 40% | 8.7× | n/a |
| CMC Markets CMCX.L | $2.54B | +79% | +16% | 27% | 10.5× | n/a |
| Plus500 PLUS.L | $3.12B | -26% | +3% | 41% | 10.4× | n/a |
| XTB Spolka Akcyjna XTB.WA | $3.98B | +22% | +63% | 48% | 9.6× | n/a |
| Interactive Brokers IBKR | $129B | -10% | +16% | 87% | 23.9× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IGG.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.8% | -2.9% | 11th highest of 21 |
| 6-month return | -38.5% | -12.0% | 3rd lowest of 21 |
| Distance from 52-week high | -52.1% | -29.1% | 4th lowest of 21 |
| Revenue growth (TTM) | +15.7% | +9.2% | 8th highest of 21 |
| Operating margin | 39.8% | 32.1% | 6th highest of 21 |
| Forward P/E | 8.7× | 14.6× | 6th cheapest of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| IG Group Holdings plc IGG.L | United Kingdom | $4.23B | -38% | +16% | 40% | 8.7× | n/a | n/a |
| Nanjing Securities 601990.SS | China | $4.30B | -11% | -9% | 37% | 24.1× | n/a | n/a |
| BOC International (China) 601696.SS | China | $4.37B | -16% | +6% | 35% | 24.7× | n/a | n/a |
| XTB Spolka Akcyjna XTB.WA | Poland | $3.98B | +22% | +63% | 48% | 9.6× | n/a | n/a |
| Guoyuan Securities 000728.SZ | China | $4.53B | -6% | -23% | 34% | 10.3× | n/a | n/a |
| China Great Wall Securities 002939.SZ | China | $4.53B | -16% | -5% | 35% | n/a | n/a | n/a |
| Sinolink Securities 600109.SS | China | $4.60B | -7% | +10% | 30% | 11.8× | n/a | n/a |
| Southwest Securities 600369.SS | China | $3.90B | -8% | -13% | 27% | 20.6× | n/a | n/a |
| Moelis & MC | United States | $4.62B | -13% | +14% | 18% | 16.9× | n/a | n/a |
| Piper Sandler Companies PIPR | United States | $4.65B | -19% | +20% | 21% | 14.6× | n/a | n/a |
| Western Securities 002673.SZ | China | $3.83B | -14% | -2% | 29% | n/a | n/a | n/a |
| PJT Partners PJT | United States | $3.80B | -4% | +10% | 21% | 18.0× | n/a | n/a |
| Hongta Securities 601236.SS | China | $4.72B | -11% | -4% | 39% | 26.8× | n/a | n/a |
| Lazard LAZ | United States | $3.74B | -20% | +9% | 11% | 16.7× | n/a | n/a |
| SamsungSecu 016360.KS | South Korea | $4.87B | -31% | +19% | 71% | 4.0× | n/a | n/a |
| BGC BGC | United States | $4.89B | -8% | +28% | 9% | 7.1× | n/a | n/a |
| Tianfeng Securities 601162.SS | China | $4.91B | -9% | -20% | 3% | 65.0× | n/a | n/a |
| J-Yuan Trust 600816.SS | China | $3.50B | -18% | +139% | 13% | n/a | n/a | n/a |
| KIH 071050.KS | South Korea | $5.15B | -49% | +100% | 51% | 2.4× | n/a | n/a |
| Kiwoom 039490.KS | South Korea | $3.48B | -53% | +100% | 41% | 2.9× | n/a | n/a |
| Huaan Securities 600909.SS | China | $5.17B | +23% | -18% | 121% | 6.2× | n/a | n/a |