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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.

What is accepted as proof of payment?

Uploading evidence of a completed bank transfer – also known as proof of payment – can allow us to credit your account before receiving the funds.

  • You can use the credit for margin requirements and trading purposes
  • You cannot withdraw the funds or move them between IG accounts until the funds have cleared

Each proof of payment is manually processed, which may take a few minutes, and these are monitored from Monday 7.30am (AEST) until Saturday 9am (AEST). You’ll receive an email confirmation to inform you of either acceptance or rejection.

Your proof of payment must show a deposit of at least A$450/NZ$450 and must include all required information for us to credit your account successfully.

What needs to be included? 

All proof of payments should be in a non-editable format (such as a screenshot or pdf of an online receipt) and must be uploaded on the same day as the transaction date. Funds must come from a bank account in your name, as we’re unable to accept funding from third-parties.

Uploading a proof of payment

Desktop

Log in to your My IG, go to the ‘Live accounts’ tab and select ‘Send proof of payment’. Follow the instructions on the screen and click ‘Submit’.

Mobile

Go to your Account tab and choose the account you want to fund, select ‘Payments’, choose ‘Send proof of payment’ and follow the instructions.

Why has my proof of payment been rejected? 

Your proof of payment may be rejected for the following reasons:

Unacceptable format or display of required information

  • The document is editable or is missing required information
  • Incorrect information on either the proof of payment or transfer request document
  • The transfer execution date isn't 'today's' date
  • The transaction status is shown as 'pending' instead of 'complete' or 'processed'

Transaction amount

  • The amount transferred is below our required minimum
  • Your base currency doesn't match your transaction currency*

* You can only upload proof of payment in your base currency. If you make a deposit in a different currency, you'll need to convert the amount before entering it into the relevant box.

Other reasons

  • You're new to IG and haven't funded or traded before
  • You haven't funded or traded for over three months
  • The funds have already been credited to your account
  • You've potentially uploaded a duplicate of a document we have on record* 

*If you've made multiple deposits of the same amount, you'll need to upload (in addition to your proof of payment) a receipt for each individual transaction along with a bank statement or ledger. 

What happens if my payment is delayed? 

We’ll credit your account with your deposit amount when we receive your proof of payment documents.

If we don’t receive the funds in a timely fashion, we reserve the right to remove the credited amount. Where this results in positions being closed or debt incurred, you’ll be liable for any negative balance.

To avoid this, you can fund via debit/credit card, Apple Pay or PayPal.

If you experience any issues with your deposit, please contact our helpdesk on 1800 601 799.

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