Jump to content

2 Factor Authentication Please


Guest Feedback Trader

Recommended Posts

Guest Feedback Trader

Hey everyone,

it's 2020 and I really need a IG 2FA ūüė®¬†here with apps like Authy, Lastpass or Google Authenticator to secure my IG Account. Please let users create Auth Codes for 2FA, Backupcodes and so on. Please do not implement own 2FA Apps. No one does this anymore.

The built in option is so out of date - and in the app store you never do updates! 

PLEASE Ig - implement a 2FA. Even banks¬†do have authentication. Why not the best of them - IG ‚̧ԳŹ¬†? Look at facebook, instagram, github, apple, coinbase... And if I am really lucky you will also build an option to allow us traders a login with USB Hardware Keys.

"""Two Factor Authentication gives the user and system administrator a peace of mind as it ensures that even if the users password is compromised the account cannot be accessed without also knowing not only the method used as the second factor but also having access to the second factor such as a dynamically generated one-time password (OTP) or biological token."""

If you need more Feedback on 2FA please feel free to contact me. I can give you a lot of superb examples.

 

Thank you.

Your

Feedback Trader

Link to comment
On 23/06/2020 at 23:11, Guest Feedback Trader said:

Hey everyone,

it's 2020 and I really need a IG 2FA ūüė®¬†here with apps like Authy, Lastpass or Google Authenticator to secure my IG Account. Please let users create Auth Codes for 2FA, Backupcodes and so on. Please do not implement own 2FA Apps. No one does this anymore.

The built in option is so out of date - and in the app store you never do updates! 

PLEASE Ig - implement a 2FA. Even banks¬†do have authentication. Why not the best of them - IG ‚̧ԳŹ¬†? Look at facebook, instagram, github, apple, coinbase... And if I am really lucky you will also build an option to allow us traders a login with USB Hardware Keys.

"""Two Factor Authentication gives the user and system administrator a peace of mind as it ensures that even if the users password is compromised the account cannot be accessed without also knowing not only the method used as the second factor but also having access to the second factor such as a dynamically generated one-time password (OTP) or biological token."""

If you need more Feedback on 2FA please feel free to contact me. I can give you a lot of superb examples.

 

Thank you.

Your

Feedback Trader

Thanks for your feedback. 

We had 2FA but there were some issues for some clients, I will pass this onto our development and technical team to investigate. 

We understand your trading sites need protecting so I will let them know it's vital for some traders. 

All the best 

Link to comment
Guest Feedback Trader

Thank you @CharlotteIG¬†I am really looking forward to this.Without 2FA I really feel uncomfortable ūüė£ and I really do need this. I find myself checking my account too many times a day. I would have fewer withdrawals and deposits if I knew my account is absolutely secure.

@dmedin

absolutely. IG does provide API Trading but no 2FA.

Link to comment

2FA at least via Google/MS Authenticator is a must. IG Authenticator is way too cumbersome to login with daily to glance my positions, particularly when the password is masked.

It would be WAY better if it could utilise push notification via mobile device, the way Microsoft Passport works. Clients should feel encouraged in using this without it being an obstacle.

  • Like 2
Link to comment
Guest Trader Joe
On 26/06/2020 at 05:58, dmedin said:

The thought of having thousands of pounds protected only by a password makes me cringe ...

Hey who wants to "steal" your pounds?  They can't move your monies to their bank accounts.  IG only pay to your authenticated linked bank account.  Think about it ok?  Stop worrying and trade happily.

Link to comment
Guest Trader Joe
On 26/06/2020 at 05:58, dmedin said:

The thought of having thousands of pounds protected only by a password makes me cringe ...

Hey who wants to "steal" your pounds? They can't withdraw your monies into their bank accounts.  IG only pay out into your authenticated linked bank account anyway.  Stop worrying and start trading happily.

Link to comment
  • 1 month later...
On 04/07/2020 at 10:47, Guest Trader Joe said:

Hey who wants to "steal" your pounds? They can't withdraw your monies into their bank accounts.  IG only pay out into your authenticated linked bank account anyway.  Stop worrying and start trading happily.

At the risk of going against the grain if you do implement this please give users the ability to either use it or not and don't make it a requirement please. I hate having to use 2FA in situations where it's not needed and my equipment is secure and not everyone is married to their phone. The current login method is fine by me and quick, no hassle. And as GTJ above pointed out, as far as I'm aware no one can steal your money, it can only go back to your cards and bank accounts.

Am perfectly fine if others require 2FA but would be livid if IG changed this and not give users the ability to use the old login method as well. I hate being treated like a child, am quite capable of ascertaining what is at risk or not without it being forced upon me.

Link to comment
15 minutes ago, phoenix said:

Am perfectly fine if others require 2FA but would be livid if IG changed this and not give users the ability to use the old login method as well. I hate being treated like a child, am quite capable of ascertaining what is at risk or not without it being forced upon me.

 

Do you use online banking?

It doesn't matter how great you think you are, that's not the point.  If IG's internal systems get hacked, your money is gone.

I suggest you get some education on this matter before you proffer your opinion.

Edited by dmedin
Link to comment
20 minutes ago, dmedin said:

 

Do you use online banking?

Everyone does but honestly I don't see the same issue¬†here as none of my money can be moved to someone else's account. If someone wants to go to the lengths of¬†hacking into my account just to look at my positions, they are welcome¬†ūüôā. My point is I just prefer the ease of quick login esp during volatile periods and when IG systems are down and only certain users can log in (which has happened a few times recently). Same when you want to add funds, if the market is moving quickly, I'd rather not have the extra 15-30secs (or longer) it may take to do it, sometimes it makes a difference. Well in my case it has anyway so its pretty important to me.¬†Without going into detail, I guess everyone's situation is different.

I don't have an issue¬†at all if IG implement 2FA, by all means go for it, keeps everyone pleased. I just don't want to be forced to use it unless I think its necessary for me and then I may think of doing it. I think everyone should have a choice as far as possible. That way everyone's happy¬†ūüėÄ

Edited by phoenix
Link to comment
  • 5 months later...
  • 3 weeks later...

It has been more than 6 months and IG has not done anything. The 2FA app is out dated. At least make IG log in form with password and 2FA code separated fields so that it is less error prone to copy and paste. Common, look at competitors, trading212, HL, their apps are way better

Link to comment
  • 2 months later...
  • 6 months later...
  • 2 months later...

People have mentioned that it is only possible to move your money to the linked bank account and that is sufficient for protection. While that is true, a mischievous hacker can still buy garbage instruments and drain your money, even if they may not get a penny of it. Why would they do that? Well, why do vandals exist? 

Is it the same two factor authentication factor mechanism that is used for IG ISA account as well? I'm with HL and CSD already and they both have memorable word protection at least, where you only enter some of the letters of that word meaning the probability of someone getting all letters of the memorable word on top of the password is significantly reduced. In some ways that could be even better than 2FA apps like Authy if their recovery passwords are stored in the same place as you store the rest of your passwords.

In any case, I would like IG to support these 2FA apps. It would have made me less hesitant to open an IG ISA.

 

Link to comment
  • 3 months later...
  • 2 weeks later...
On 30/04/2022 at 13:53, Charlie7 said:

Is there any feedback from the development team if this is on the roadmap?

 

On 10/01/2022 at 13:49, IThinkImInvesting said:

If IG's internal systems gets hacked would 2FA help anymore?

 

On 10/01/2022 at 13:42, IThinkImInvesting said:

People have mentioned that it is only possible to move your money to the linked bank account and that is sufficient for protection. While that is true, a mischievous hacker can still buy garbage instruments and drain your money, even if they may not get a penny of it. Why would they do that? Well, why do vandals exist? 

Is it the same two factor authentication factor mechanism that is used for IG ISA account as well? I'm with HL and CSD already and they both have memorable word protection at least, where you only enter some of the letters of that word meaning the probability of someone getting all letters of the memorable word on top of the password is significantly reduced. In some ways that could be even better than 2FA apps like Authy if their recovery passwords are stored in the same place as you store the rest of your passwords.

In any case, I would like IG to support these 2FA apps. It would have made me less hesitant to open an IG ISA.

 

 

On 01/11/2021 at 18:43, blobface said:

A year on, still no go on the industry standards. Please escalate this to higher priority... 

 

On 22/04/2021 at 13:24, rittfeldt said:

Imagine every service you use with 2fa use their own solution. I cannot se why IG can't use industry standards as suggested in the thread? Are they considered at all for the (near-ish) future?

 

On 18/02/2021 at 15:24, dak said:

It has been more than 6 months and IG has not done anything. The 2FA app is out dated. At least make IG log in form with password and 2FA code separated fields so that it is less error prone to copy and paste. Common, look at competitors, trading212, HL, their apps are way better

 

On 30/01/2021 at 12:52, dirufan said:

Please adopt an industry standard implementation for 2FA. 

 

On 21/08/2020 at 20:28, phoenix said:

Everyone does but honestly I don't see the same issue¬†here as none of my money can be moved to someone else's account. If someone wants to go to the lengths of¬†hacking into my account just to look at my positions, they are welcome¬†ūüôā. My point is I just prefer the ease of quick login esp during volatile periods and when IG systems are down and only certain users can log in (which has happened a few times recently). Same when you want to add funds, if the market is moving quickly, I'd rather not have the extra 15-30secs (or longer) it may take to do it, sometimes it makes a difference. Well in my case it has anyway so its pretty important to me.¬†Without going into detail, I guess everyone's situation is different.

I don't have an issue¬†at all if IG implement 2FA, by all means go for it, keeps everyone pleased. I just don't want to be forced to use it unless I think its necessary for me and then I may think of doing it. I think everyone should have a choice as far as possible. That way everyone's happy¬†ūüėÄ

 

On 21/08/2020 at 20:09, dmedin said:

 

Do you use online banking?

It doesn't matter how great you think you are, that's not the point.  If IG's internal systems get hacked, your money is gone.

I suggest you get some education on this matter before you proffer your opinion.

 

On 21/08/2020 at 19:54, phoenix said:

At the risk of going against the grain if you do implement this please give users the ability to either use it or not and don't make it a requirement please. I hate having to use 2FA in situations where it's not needed and my equipment is secure and not everyone is married to their phone. The current login method is fine by me and quick, no hassle. And as GTJ above pointed out, as far as I'm aware no one can steal your money, it can only go back to your cards and bank accounts.

Am perfectly fine if others require 2FA but would be livid if IG changed this and not give users the ability to use the old login method as well. I hate being treated like a child, am quite capable of ascertaining what is at risk or not without it being forced upon me.

 

On 05/07/2020 at 18:35, Packman11 said:

IG International doesn't even have the 2FA option, really disturbing :(

 

On 01/07/2020 at 15:48, tommy8A said:

 

You're right on that one.

 

On 01/07/2020 at 09:42, ShaunnyB said:

2FA at least via Google/MS Authenticator is a must. IG Authenticator is way too cumbersome to login with daily to glance my positions, particularly when the password is masked.

It would be WAY better if it could utilise push notification via mobile device, the way Microsoft Passport works. Clients should feel encouraged in using this without it being an obstacle.

 

On 26/06/2020 at 11:23, Guest Feedback Trader said:

Thank you @CharlotteIG¬†I am really looking forward to this.Without 2FA I really feel uncomfortable ūüė£ and I really do need this. I find myself checking my account too many times a day. I would have fewer withdrawals and deposits if I knew my account is absolutely secure.

@dmedin

absolutely. IG does provide API Trading but no 2FA.

 

On 24/06/2020 at 00:11, Guest Feedback Trader said:

Hey everyone,

it's 2020 and I really need a IG 2FA ūüė®¬†here with apps like Authy, Lastpass or Google Authenticator to secure my IG Account. Please let users create Auth Codes for 2FA, Backupcodes and so on. Please do not implement own 2FA Apps. No one does this anymore.

The built in option is so out of date - and in the app store you never do updates! 

PLEASE Ig - implement a 2FA. Even banks¬†do have authentication. Why not the best of them - IG ‚̧ԳŹ¬†? Look at facebook, instagram, github, apple, coinbase... And if I am really lucky you will also build an option to allow us traders a login with USB Hardware Keys.

"""Two Factor Authentication gives the user and system administrator a peace of mind as it ensures that even if the users password is compromised the account cannot be accessed without also knowing not only the method used as the second factor but also having access to the second factor such as a dynamically generated one-time password (OTP) or biological token."""

If you need more Feedback on 2FA please feel free to contact me. I can give you a lot of superb examples.

 

Thank you.

Your

Feedback Trader

 

Hi Community members,

We will be hosting a IG Client Feedback Session - Multi-Factor Authentication. Please see below for more details.

 

All the best - MongiIG

Link to comment
  • 2 months later...

Have there been any improvements? I would have attended this feedback session if I had seen the above post in time.

IG's log in security really needs to be updated on the apps, website and phone. I have had an IG trading account for a very long time but this 2FA issue is making me consider moving to another spreadbet broker such as OANDA or Pepperstone. 

Link to comment
  • 1 month later...

@MongiIG Thanks for noting that. Are there anymore recent updates here? The current system is absolutely *awful* for the following reasons:

 1) You need an additional app, when everyone already has generic authenticator apps they use for all of their other accounts (mainly Google Authenticator, and sometimes Authy)

 2) You have to concatenate the code onto your password. This conflicts with form autosubmit when your credentials are automatically filled. The browser will also ask if we would like to update our password *every time* we log in because of this

 3) I have to special-case how I do my IG authentication because it decided to roll its own solution. This is such a pain when it comes to managing security across my many accounts online

It would be great if security here could be improved and prioritised! Thanks.

Link to comment
14 hours ago, tpunt94 said:

@MongiIG Thanks for noting that. Are there anymore recent updates here? The current system is absolutely *awful* for the following reasons:

 1) You need an additional app, when everyone already has generic authenticator apps they use for all of their other accounts (mainly Google Authenticator, and sometimes Authy)

 2) You have to concatenate the code onto your password. This conflicts with form autosubmit when your credentials are automatically filled. The browser will also ask if we would like to update our password *every time* we log in because of this

 3) I have to special-case how I do my IG authentication because it decided to roll its own solution. This is such a pain when it comes to managing security across my many accounts online

It would be great if security here could be improved and prioritised! Thanks.

Hi @tpunt94

Thanks, I will follow up with our development team with an update.

 

All the best - MongiIG

Link to comment
On 13/09/2022 at 22:37, tpunt94 said:

@MongiIG Thanks for noting that. Are there anymore recent updates here? The current system is absolutely *awful* for the following reasons:

 1) You need an additional app, when everyone already has generic authenticator apps they use for all of their other accounts (mainly Google Authenticator, and sometimes Authy)

 2) You have to concatenate the code onto your password. This conflicts with form autosubmit when your credentials are automatically filled. The browser will also ask if we would like to update our password *every time* we log in because of this

 3) I have to special-case how I do my IG authentication because it decided to roll its own solution. This is such a pain when it comes to managing security across my many accounts online

It would be great if security here could be improved and prioritised! Thanks.

Hi @tpunt94

The development team is currently working on improving the MFA process and the proposed concept will not include our own app and eliminate the issues with autofill.

All the best - MongiIG

  • Like 1
Link to comment
  • 3 months later...

Yes please make MFA optional - not mandatory.  Not all Brokers have this yet.

One of my now former brokers use the national public MFA, and I really felt the "two points of failure" more than once. Where the authenticator then denied me any access to my platform. Not funny at all when in a trade, lucky they had a fast direct line to the tradingfloor.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • EURUSD Elliott Wave Analysis Trading Lounge Day Chart, Euro/U.S.Dollar(EURUSD)‚ÄĮDay Chart EURUSD Elliott Wave Technical Analysis FUNCTION: Trend MODE: impulsive STRUCTURE:black wave 3 POSITION:red wave 3 DIRECTION NEXT LOWER ¬†DEGREES: black wave 4 DETAILS:black wave 2 of red wave 3 looking completed at 1.07232, now black wave 3¬†of 3 is in play. Wave Cancel invalid level:1.07232 ¬† ¬† The EURUSD Elliott Wave analysis on the daily chart provides a detailed view of the current¬†market trend and its expected movements according to the Elliott Wave theory. The primary¬†function of this analysis is to identify the ongoing trend, which is classified as impulsive. This¬†indicates that the market is experiencing strong directional movements, characterized by¬†significant price shifts that align with the main trend direction. ¬† The central structure under analysis is black wave 3, a critical component of the impulsive wave¬†cycle. Within this broader wave structure, the market is positioned in red wave 3, signifying an¬†ongoing and typically powerful phase of market activity. Red wave 3 is often marked by¬†substantial price movements and is a pivotal part of the impulsive wave sequence. ¬† Looking ahead, the analysis points towards black wave 4 as the next direction for the lower¬†degrees. This wave will follow the completion of black wave 3 and generally involves a¬†corrective phase where the market consolidates its recent price changes before resuming the¬†primary trend. ¬† The details of the analysis highlight that black wave 2 of red wave 3 appears to be completed at¬†a specific price level. This completion indicates that the market is now in the phase of black¬†wave 3 of 3, suggesting continued strong market activity as part of the larger impulsive wave¬†structure. ¬† A critical aspect of this analysis is the wave cancel invalid level, set at a particular price point. If¬†the market price falls below this level, it would invalidate the current wave count, necessitating a¬†reassessment of the Elliott Wave structure. This invalidation level is crucial for confirming the¬†accuracy of the wave pattern and the anticipated market direction. ¬† In summary, the EURUSD pair is currently in an impulsive trend on the daily chart, situated¬†within the third wave of the black wave 3 sequence. The market has completed black wave 2¬†and is now progressing through black wave 3 of 3. Monitoring the invalidation level is essential¬†to validate the current wave count and accurately forecast future market movements. ¬† ¬† EURUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, ¬† ¬† ¬† Euro/U.S.Dollar(EURUSD)‚ÄĮ4 Hour Chart ¬† ¬† ¬† EURUSD Elliott Wave Technical Analysis ¬† ¬† FUNCTION: Trend MODE: impulsive ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† STRUCTURE:blue wave 3 POSITION:black wave 3 DIRECTION NEXT LOWER ¬†DEGREES: ¬†blue wave 4¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬† ¬†¬† DETAILS:blue wave 2 of black wave 3 looking completed, now blue wave 3 of 3 is in¬†play. Wave Cancel invalid level: 1.07232 The EURUSD Elliott Wave analysis on the 4-hour chart offers an insightful perspective¬†on the current market trend and its anticipated movements within the Elliott Wave¬†framework. The primary function of this analysis is to identify and understand the trend¬†direction, which is currently classified as impulsive. This suggests strong, directional¬†movements in the market, characterized by decisive price actions that align with the¬†main trend. ¬† The main structure under consideration is blue wave 3, an integral part of the impulsive¬†wave cycle. Within this broader structure, the position is identified as black wave 3. This¬†placement indicates that the market is experiencing the third wave of the blue wave 3¬†sequence, which is typically one of the most powerful and extensive waves in the Elliott¬†Wave theory, often marked by significant price increases or decreases. ¬† Looking forward, the direction for the next lower degrees points towards blue wave 4.¬†This wave will follow the completion of blue wave 3, and it typically involves a corrective¬†phase where the market consolidates its recent gains or losses before continuing in the¬†direction of the main trend. ¬† The analysis details that blue wave 2 of black wave 3 appears to be completed. This¬†completion sets the stage for blue wave 3 of 3 to be in play, indicating a robust and¬†extended market movement as part of the larger impulsive wave structure. ¬† A critical aspect of this analysis is the wave cancel invalid level, set at a specific price¬†point. If the market price falls below this level, it would invalidate the current wave count,¬†requiring a reassessment of the Elliott Wave structure. This invalidation level serves as¬†a vital checkpoint for confirming the accuracy of the wave pattern and the expected¬†market direction. Dy In summary, the EURUSD pair is currently in an impulsive trend on the 4-hour chart,¬†within the third wave of the blue wave 3 sequence. The market has completed blue¬†wave 2 and is now progressing through blue wave 3 of 3. Monitoring the invalidation¬†level is crucial to validate the current wave count and forecast future market movements¬†accurately. ¬† Technical Analyst :¬†Malik Awais Source : Tradinglounge.com get trial here! ¬†
    • Holograph has exciting potential! Its narrative of enabling creators to mint digital art across chains is compelling. Similar projects have seen success, and I think Holograph will bring innovative cross-chain minting solutions. I noticed a tweet about its native token HLG listing on Bitget today
    • ASX: LIGHT & WONDER INC. ‚Äď LNW Elliott Elliott Wave Technical Analysis¬†TradingLounge (1D Chart) ¬† Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange¬†(ASX) with LIGHT & WONDER INC. - LNW. We determine that LNW is developing¬†under wave ((ii))-green and may end soon, and is ready to allow wave ((iii))-green to¬†return to push higher. ¬† ¬† ASX: LIGHT & WONDER INC. - LNW ¬†Elliott Wave Technical Analysis ¬† ASX: LIGHT & WONDER INC. - LNW ¬†1D Chart (Semilog Scale) Analysis Function:¬†Major trend (Minor degree, red) Mode:¬†Motive Structure:¬†Impulse Position:¬†Wave iii-blue of Wave (iii)-purple of Wave ((iii))-green Details:¬†The short-term outlook shows that wave ((ii))-green has extended longer than¬†expected, developing into a Double Zigzag. Wave (x)-purple has just completed, and¬†wave (y)-purple is unfolding to continue pushing lower. Invalidation point:¬†136.07 ¬† ASX: LIGHT & WONDER INC. - LNW ¬†Elliott Wave Technical Analysis TradingLounge (4-Hour Chart) ASX: LIGHT & WONDER INC. - LNW ¬†Elliott Wave Technical Analysis ASX: LIGHT & WONDER INC. - LNW ¬†4-Hour Chart Analysis Function:¬†Major trend (Minute degree, green) ¬† Mode:¬†Motive ¬† Structure:¬†Impulse ¬† Position:¬†Wave b-blue of Wave (y)-purple of Wave ((ii))-green ¬† Details:¬†The shorter-term outlook suggests that wave (y)-purple is currently unfolding,¬†subdividing into waves a, b, c-blue, with wave a-blue having just completed. Now is¬†the time for wave b-blue to unfold, pushing slightly higher before wave c-blue returns¬†to push lower. This sequence would complete wave ((ii))-green, allowing wave ((iii))-green to resume and push higher. Invalidation point:¬†162.00 ¬† Conclusion: ¬† Our analysis, forecast of contextual trends, and short-term outlook for ASX: LIGHT &¬†WONDER INC. - LNW aim to provide readers with insights into the current market¬†trends and how to capitalize on them effectively. We offer specific price points that act¬†as validation or invalidation signals for our wave count, enhancing the confidence in¬†our perspective. By combining these factors, we strive to offer readers the most¬†objective and professional perspective on market trends. ¬† Technical Analyst:¬†Hua (Shane) Cuong, CEWA-M (Master‚Äôs Designation). Source : Tradinglounge.com get trial here! ¬†
√ó
√ó
  • Create New...
us