Skip to content

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

How do I deposit funds into my account?

You can deposit funds with your credit card, debit card, Apple Pay, PayPal account or via BPAY in Australia or EFT in New Zealand. Corporate account holders can only fund their account through BPAY or EFT.  

Your IG account details (such as your name and address) need to match your bank account details as we don’t accept deposits made by a third party, or from a business card or PayPal account.


How to make a deposit

Desktop

 

Log in to My IG  on the desktop platform, and click on ‘Add funds’ next to the account you’d like to fund. 

Funding on desktop

You can also open the web trading platform and click on the ‘Add funds’ button at the top of the screen. 

Funding on desktop platform

Alternatively, click on the ‘Live accounts’ tab at the top of your My IG dashboard. Then choose the relevant account from the dropdown menu, click on ‘Deposit funds’ and select your preferred payment method.

Mobile

  1. Open the IG app on your iOS or Android device
  2. Click on ‘Account’ on the bottom right corner of the screen
  3. Select the relevant account
  4. Click on ‘Add funds’ to choose your preferred payment method.
Funding on iPhone


Payment methods

Credit or debit card

When using this method, please make sure your card details match the name and address in your IG account. Successful payments are deposited immediately.

You can have up to three active cards on your account at a time. If you’ve reached your limit but want to add a new card, you’ll need to first remove one of them. You might need to attach some documents to help us verify your card before you can delink it.

Note that we cannot control card issuers' treatment of payments as cash advances or international transfers (for non-Australian cards).

Apple Pay

You can fund your account via Apple Pay, which enables you to use Face ID, fingerprint or passcode to authorize a card payment with your phone.

To add funds this way, go to 'Account', select ‘Payments’, then 'Add funds', and finally choose 'Apple Pay'. 

Make sure you have the latest version of the IG app for this feature to work.

PayPal

You’ll need to make your deposit from a personal PayPal account that matches your IG account. We can’t allocate funds to a personal account using a business PayPal account.   

When depositing via PayPal, click on the ‘PayPal’ button from the funding page, enter the amount you want to deposit and click on ‘Continue’. You’ll be directed to the PayPal site to complete the transaction. 

Once you’ve deposited the funds, you’ll be automatically redirected to My IG.  

After completing your first transaction, your PayPal account will be linked to your IG account. You can only link one PayPal account at a time.

If you want to use a different PayPal account held in your name, please contact us to unlink your current one.

BPAY for A$ payments in Australia

If you’d like to fund your account with A$ from an Australian bank account, you can do so via BPAY.

BPAY payments made before your bank's cut-off time should appear in your IG account within 1 working day, while payments made after the cut-off should appear within 2 working days. You can upload a proof of payment if you’d like to trade with the funds straight away.

You can find our IG Biller Code and your unique BPAY reference number in your My IG dashboard under ‘Live accounts’ > ‘Card/ bank details’ on desktop, or under ‘Account’ > ‘Add funds’ on the mobile app.

EFT payments in New Zealand

You can find our EFT details in your My IG dashboard under ‘Live accounts’ > ‘Card/bank details’ on desktop, or under ‘Account’ > ‘Add funds’ on the mobile app.

EFT payments can take up to 3 working days. You can upload a proof of payment if you’d like to trade with the funds straight away.

Always make sure to put your account ID and full name as a reference of the payment.

Foreign currency payments

To fund your account in a foreign currency, simply send a bank transfer quoting your IG account number as reference. These payments typically take 3 working days. We won't charge you for deposits, but SWIFT fees may apply. We may also require you to provide us with a bank statement to verify your deposit.

You can find our bank details in your My IG dashboard under ‘Live accounts’ > ‘Card/bank details’ on desktop,  or under ‘Account’ > ‘Add funds’ on the mobile app.

Are there any depositing fees?

In Australia

Payment method IG’s cost
Debit card free
Credit card 0.5% MasterCard, 1% Visa
Apple Pay Debit card: free
Credit card: 0.5% MasterCard, 1% Visa
PayPal 1%
BPAY free

 

In New Zealand

Payment method IG’s cost
Debit card free
Credit card 1.5% MasterCard and Visa
PayPal 1%
EFT free

We normally return money to the same card, bank or PayPal account from which we received it. Please note that we may request more information from you before returning your funds.

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.