The Australian division of IG Group now allows traders to connect their trading platform directly to ChatGPT by bringing its CFD Assistant to the ChatGPT App Store. The connection allows traders to ask the AI assistant about their open positions, P&Ls, watchlists, real-time market sentiment, and other account-related data and analysis.
Another Broker Brings an MCP Server
Although IG Australia launched it as a Model Context Protocol (MCP) server, it is currently limited to ChatGPT connections only. The website, however, shows that the broker will “soon” allow connections with Claude.
“The Assistant pulls from your actual account data and answers in seconds,” IG Australia wrote in a social media post.
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However, IG is keeping the MCP app strictly in “read-only” mode, meaning traders cannot use it to place new orders or modify or close existing ones.
“Once connected, your AI can access live bid/ask prices for any instrument, your open positions and working orders, market details and margin requirements, client sentiment data (% long vs short), historical price data (OHLC candlesticks), your account activity log, financial transaction history, your saved watchlists, and calculated portfolio metrics. It cannot access payment details, personal identity documents, or any information outside your trading account,” IG elaborated.
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Australia-Only Access?
However, the MCP server appears to be limited to Australian clients at this time.
The Australia-specific IG website shows details of the new MCP server-based AI Assistant, but the feature is missing from other non-Australia-specific websites. The “IG Trading: CFD Assistant”, meanwhile, is available on ChatGPT stores outside Australia.
IG is not the first to join the AI assistant trend by launching an MCP server. eTor earlier became one of the first brokers to open native access to something it called “Agent Portfolios”, which even allows agentic trade execution. IG’s “read-only” approach, on the other hand, appears cautious.
Recently, Spotware, the developer of the cTrader trading platform, also launched an MCP server, cementing the ongoing trend in the trading industry.