Skip to content

CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Why has my deposit failed?

Deposits can fail for several reasons, depending on your funding method.

Credit/debit card

  • The payment was rejected by your bank

This can usually be resolved by contacting your bank or card issuer.

  • The online payment failed

If you think the payment was successful but can’t see the funds on your account after a few minutes, it’s likely that the online payment failed. Clear your cookies and cache through your web browser’s settings, log back in and try again. If you’re using the mobile app, we suggest reinstalling or updating your app then trying again. In some cases, your bank might contact you to verify a payment before the transaction is authorised.

  • The names on your IG profile and bank account don’t match

For security reasons, your chosen card must be in the same name as the one you have on your account with us. We don’t accept payments from third parties.

  • The addresses on your IG profile and bank account don’t match

Make sure the address (including your post code) on your account with us matches the one registered with your bank. In this case, your payment to us will bounce. Please contact your bank if you see a charge on your account after an address mismatch. Your balance should be corrected within a few business days.

  • We can’t accept your card

We can’t accept any deposits from American Express cards or certain jurisdictions (like the US) and would recommend using a different card or payment method.

Retail Clients and corporate accounts can fund using debit card or bank transfer, and Professional Clients can fund using debit card, credit card or bank transfer.

Bank transfer

If your transferred funds aren’t reflecting into the relevant account after three business days, you can resolve the issue in these ways:

  • The payment was rejected or recalled by your bank

We might need to return funds to your bank upon their request. This can usually be resolved by contacting your bank.

  • The names on your bank account and IG profile don’t match, or you used a corporate bank account

For security reasons, we can only accept payments made from a bank account registered in the same name you have in your account with us. We don’t accept deposits from third parties or corporate bank accounts for personal IG accounts, even if you’re the corporate account holder/owner. Similarly, we won’t accept deposits from a personal bank account for funding IG corporate accounts.

  • Your IG account number wasn’t used as your payment reference

If you didn’t include your account number as your payment reference, we’ll require a proof of payment to allocate the funds to your IG account. Scroll to the bottom of this page to find the steps needed to properly make a bank transfer deposit.

Note that we usually use the same method and account you used to make a deposit to return funds back to you. If you made a deposit using a card, you’ll need to request a withdrawal back to that card to avoid any potential delays. This is because additional checks could be required otherwise.

Related questions

Improve your skills

Become a better trader with IG Academy. Take engaging step-by-step courses, attend expert-led seminars and webinars. 

Get peer support

Have your questions answered by like-minded traders and IG staff over at IG Community.