What we do with your money

Your money is secured with IG

What does IG do with my money?

Unlike banks, firms like IG are required to separate client money from their own resources. This means that we're not allowed to use client money in the course of our business activities for our own purposes, and that client money is ring-fenced and protected from the unlikely event that IG were to become insolvent.

IG Limited is regulated by the Dubai Financial Services Authorities (DFSA). IG also has a 'Client Money and Assets Committee' which is responsible for ensuring the client money regulations are being adhered to in all IG Group entities, as well as reviewing and evaluating all the client money controls and procedures.

In addition, we have engaged PricewaterhouseCoopers LLP to conduct an independent review of our controls and procedures for client money calculation and segregation. By commissioning this report we have taken an additional step, over and above standard audit checks and our regulators' reporting requirements.

What happens to the money I deposit with IG?

Your money is held in a segregated client bank account under trustee arrangements with a credit worthy high street bank. This ensures that the cash remains yours, rather than IG’s. It also means that it’s easily identifiable as client money, so IG and its creditors don’t have any charges, liens, or rights of set-off or retention over it.

What happens to my money if IG goes into liquidation?

In the unlikely event of this happening, all our clients would have their share of the segregated money returned, minus the administrators’ costs in handling and distributing these funds.

If there was a shortfall then individuals (and some smaller companies) may be eligible for compensation from the Financial Services Compensation Scheme.