IG licence record
Is IG regulated by the FMA (NZ)?
Yes, according to our records. IG is matched to a licence from the Financial Markets Authority (New Zealand). Confirm it on the register before relying on it.
Search the FMA (NZ) register FMA (NZ) warnings All IG licences
What the FMA (NZ) licence means
Based on our licence database, IG holds a licence from the Financial Markets Authority (FMA (NZ)), the financial regulator for New Zealand. We classify the FMA (NZ) as tier 2 — strong regulation. Credible regulators with real rulebooks, but fewer safeguards than tier 1 (e.g. no compensation scheme or looser leverage rules).
For IG clients whose account is held by its FMA (NZ)-regulated entity, the key protections are: compensation — No compensation scheme; approved dispute resolution schemes; retail leverage — No fixed statutory cap; conduct and disclosure rules apply; negative balance protection — not a regulatory requirement (may be offered contractually); client money — Client money rules for derivatives issuers. Disputes can be taken to Approved dispute resolution schemes (e.g. FSCL, IFSO).
IG is also matched to licences from ASIC, BaFin, CFTC / NFA, FCA, FINMA, JFSA, MAS, DFSA, FSCA and BMA. ASIC, BaFin, CFTC / NFA, FCA, FINMA, JFSA and MAS are rated higher than the FMA (NZ) in our methodology, so if you are eligible for those entities you may get stronger protection. Note that clients outside New Zealand may be onboarded to a weaker entity (BMA) instead.
Protection at a glance
- Regulator tier
- Tier 2 — Strong regulation
- Compensation scheme
- No compensation scheme; approved dispute resolution schemes
- Retail leverage
- No fixed statutory cap; conduct and disclosure rules apply
- Negative balance protection
- Not a regulatory requirement
- Client money
- Client money rules for derivatives issuers
- Complaints
- Approved dispute resolution schemes (e.g. FSCL, IFSO)
How to verify this licence
- Open IG's client agreement or website footer and note the exact company name and FMA (NZ) licence number.
- Search that name or number on the official FMA (NZ) register. Check the status is current, not cancelled or suspended.
- Confirm the website domain you're using (ig.com) is the one listed on the register — clone firms copy genuine licence numbers.
- Search the FMA (NZ) warnings page and IOSCO I-SCAN for the brand name.
IG's other licences
Frequently asked questions
Is IG regulated by the FMA (NZ)?
Our database records IG as holding a licence from the Financial Markets Authority. Confirm the current status on the FMA (NZ) register: https://fsp-register.companiesoffice.govt.nz/
Does the FMA (NZ) licence protect all IG clients?
No. It protects clients whose account is with the specific IG company licensed by the FMA (NZ). Clients onboarded to a different group entity are covered by that entity's regulator instead.
Is there a compensation scheme for IG clients under the FMA (NZ)?
No compensation scheme; approved dispute resolution schemes
What leverage can IG offer under the FMA (NZ)?
No fixed statutory cap; conduct and disclosure rules apply