Following the recent cuts made to IG Markets’ forex margins, IG have now proceeded to reduce the margin requirements for sixteen stock indices.

The Financial Ombudsman Service (FOS) has registered an increase in complaints in relation to advisory CFD providers with particular emphasis on broker charges having reported 250 cases in the last few months.

IG Markets has announced that it is reducing its margin requirements to just 0.5% on ten major FX pairs. The company also said that its dealing app is now available for the iPhone.