IG Group Hits Record High on 11% Jump
IG Group shares (LSE: IGG) closed at a record high of 1,742 pence on Tuesday, marking an almost 11% increase from the previous day. This significant rally was driven by the broker’s full-year revenue guidance upgrade and its strong first-quarter performance reported during the annual general meeting trading update.
The company’s organic total revenue for the three months to March 31st reached £331.2 million, surpassing the £300 million forecasted in a pre-close note two months earlier. Active customers grew by 12%, first trades increased by 63%, and assets under administration surpassed £20 billion in April.
Guidance Upgrade Closes Gap to LTIP Stretch Targets
The revenue growth figures have significant implications for IG Group’s long-term incentive plan (LTIP). The LTIP, granted to CEO Breon Corcoran and CFO Clifford Abrahams in September 2025, requires the company to reach £1.51 billion in revenue by 2028 to vest fully. With Tuesday’s guidance upgrade indicating a target of 10-15% organic growth for 2026 and at least 10% compound growth beyond that year, the LTIP threshold now appears within reach.
FM Intelligence Data Cements IG Among Global Top Five
The IG share rally coincides with record-high retail FX and CFD volumes reported by FM Intelligence. The broker tracker recorded active accounts across the named-broker cohort reaching 7.42 million in Q1 2026, placing IG among the top five brokers globally.
According to FM Intelligence data, IG Group’s average monthly trading volume in Q1 2026 was approximately $1.65 trillion, with roughly 173,000 active accounts. This represents a 16% sequential increase from Q4 2025 despite stable headline monthly volumes.
The company also reported a 17% quarter-over-quarter rise in net trading revenue to £306.5 million, indicating a shift towards higher-monetization activities rather than pure volume growth. IG has consistently held a top-five position since 2021 and the Q1 numbers suggest that market share erosion may have halted.
This robust performance underscores IG Group’s strong financial health and strategic positioning in the global retail trading landscape.
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