For wholesale clients only. Losses can exceed deposits. 1

Upgrade to IG Pro

You know how to trade. Get the freedom and service that your experience deserves with Australia's No.1 CFD and FX provider.2

Why upgrade to IG Pro?

Lower margins

Reduced margins on indices, major FX pairs and shares.

Volume based rebates

Higher-level volume-based rebates rewarded monthly. Find out more.

Dedicated support

Experienced account managers to help with your trading needs.

Real Vision

Gain access to exclusive financial content with cutting-edge insights from industry experts.

If you qualify for an IG Pro account and meet the criteria, you'll be treated and classified as a wholesale client.

There'll be no change to client money protection as a wholesale client.

What should you be aware of?

If ASIC’s proposed measures across the CFD and binary options industry take effect, you will forgo some protections afforded to retail clients.

Retail leverage restrictions

Pro accounts are not subject to proposed leverage changes.

No negative balance protection

Losses can exceed deposits on a professional account.

Assumed experience

We may assume a level of knowledge and experience when assessing whether our products are appropriate for you.

If you are a current wholesale client, then we will continue to segregate your money and assets in the same way as before in accordance with the client money provisions of the Corporations Act 2001 (Cth).

However, you will not be entitled to the following protections afforded to retail clients under the Corporation Act 2001 (Cth):

  • We are not required to give a Product Disclosure Statement (PDS) or Financial Services Guide (FSG)
  • The applicable Future of Financial Advice (FoFa) requirements relating to conflicted remuneration do not apply
  • Our external dispute resolution scheme, the Australian Financial Complaints Authority, has discretion to exclude complaints from wholesale clients

Learn more in our FAQs.

Eligibility requirements

If you’re able to answer yes to one of the following, you may be eligible:

  1. You have net assets of A$2.5 million, OR
  2. You have gross income for each of the last two financial years of at least A$250,000? ​

When calculating your net assets remember to include the following:

● Your home/other properties/land
● Superannuation/trusts
● Shares/other investments/savings
● Value of business
● Car/boat/caravan

Learn more in our FAQs.

Lower margins

Minimum professional margin

Leverage equivalent

Proposed ASIC retail margin

Proposed ASIC leverage equivalent

Currency pairs and gold 0.40% 250:1 5% 20:1
Major indices 0.40% 250:1 6.67% 15:1
Commodities (excluding gold) 1.20% 83.33:1 10% 10:1
Cryptocurrencies 8% 12.5:1 50% 2:1
Shares 4% 25:1 20% 5:1

Want to know more about what trading with us will cost you? Call us on 1800 601 799.

How much margin will you pay if the proposed changes take effect?

If you placed an AUD/USD trade at $10/point (standard contract) at a price of 6760:

Your retail margin requirement would be $3, 380 if the proposed leveraged restrictions take effect.

Your professional margin requirement would be $270.40

Volume based rebates

If you're a regular trader, you could be eligible for monthly rebates based on your trading activity. To qualify, you will need to have traded the minimum monthly volume in one asset class within a calendar month.

If your trading volume qualifies you for a tier in one asset class, you will also qualify for a rebate in another asset class at the same tier level even if you didn't meet the notional trade volume in that asset class. For more details, and to view our full terms and conditions, click here.

Forex Notional traded (USD m) IG Pro rebate (USD per m)
Tier 1 25 $6
Tier 2 200 $8
Tier 3 300 $11
Commodities Notional traded (USD m) IG Pro rebate (USD per m)
Tier 1 5 $7
Tier 2 20 $9
Tier 3 30 $11
Shares Notional traded (USD m) IG Pro rebate (USD per m)
Tier 1 1.5 10%
Tier 2 6 20%
Tier 3 10 30%
Indices Notional traded (USD m) IG Pro rebate (USD per m)
Tier 1 40 $3
Tier 2 100 $6
Tier 3 200 $8

How it works

Example A If your notional trade value for the month on FX is US$500 million and commodities US$32 million, you would qualify for a tier 3 rebate of US$11 per million traded for FX and also US$11 per million traded for commodities, your monthly rebate would therefore be:

500 (USD million notional traded FX) x 11 (Pro rebate per million traded) = US$5500 or 32 (USD million notional traded commodities) x 11 (Pro rebate per million trade) = US$352, giving you a total rebate of US$5852 or A$80163

Example B If during the same month your notional traded for indices was US$95 million, you would also qualify for tier 3 rebate of US$8 per million traded. This is simply because you have met the threshold for tier 3 in another asset class, even though you have not met the tier 3 threshold for indices. In addition to your other rebate, the calculation for your indices rebate would now be:

95 (USD million notional traded) x 8 (tier 3 rebate per million traded) = US$ 760 or AU$10413

Making your total rebate for the calendar month to be: AU$8016 + AU$1041 = AU$9057

Enhanced Features

Qualify for IG Pro, and you’ll unlock a range of enhanced features:

  • Lower margin rates on major indices, forex, shares and cryptocurrency CFDs
  • Higher-level volume-based rebates to reward your level of trading activities
  • Access to a dedicated account manager, on hand to offer one-to-one support
  • A three-month trial of ProRealTime
  • Exclusive financial content from Real Vision that provides you with cutting-edge insights and analysis from the most respected names in the industry

Plus;

  • Credit facilities, giving you greater flexibility (subject to approval)
  • A dedicated execution desk, enabling you to place complex trades in the underlying market
  • Sophisticated order types for greater control, including VWAP, TWAP and volume inline
  • Direct market access on forex and shares, giving you increased visibility in the underlying market
  • Invitations to premium hospitality and events

Trade with a market leader

Peerless reputation

Founded in 1974, we are Australia's No.1 CFD and FX provider.2  You can rest assured that our business model is built around backing your success when trading with us, and that your funds are protected in fully segregated accounts at regulated banks.

Cutting-edge technology

We invest heavily in developing tech that helps you trade the way you want to. Customise your dealing experience with our clean, quick online platform, mobile apps designed by device, and a range of advanced solutions for automated trading and analysis.

Unparalleled opportunities

Choose from a massive 16,000+ markets, with spreads that we’re always working to keep as low as possible. You’ll also find out-of-hours trading on key US stocks, plus weekend indices and crypto CFDs, to help you access opportunity you wouldn’t find elsewhere.

Upgrade to IG Pro now

New clients

  1. Fill out a simple online form to apply for a CFD account
  2. Log in to your newly created account and follow the prompt to assess your eligibility for IG Pro
  3. Complete the additional steps - we'll ask you for some more info to verify your status
  4. Check your emails to find out if you've qualified for IG Pro

We may request additional documentation or supporting evidence from you.

Existing clients

  1. Log in to My IG or your IG Trading app as you normally would
  2. Once logged in, follow the prompt to assess your eligibility for IG Pro
  3. Complete the additional steps - we'll ask you for some more info to verify your status
  4. Check your emails to find out if you've qualified for IG Pro

We may request additional documentation or supporting evidence from you.

Don’t see the prompt? Go to ‘settings’>‘client and account status’ on desktop, or the 'accounts' area in-app.

Please note that final decision on your eligibility will be determined by IG. Here’s a reminder of the requirements.

Still have questions about opening an IG Pro account, or anything else?

Give our team a call on 1800 601 799

FAQs

What are the eligibility requirements for obtaining an IG Pro account?

If you're able to answer 'yes' to one of the following, you may be eligible:

  • You have net assets A$2.5 million, or
  • You have gross income for each of the last two financial years of at least A$250,000?

When calculating your net assets remember to include the following:

  • Your home/other properties/land
  • Superannuation/trusts
  • Shares/other investments/savings
  • Value of business
  • Car/boat/caravan

What if I’m not eligible for IG Pro?

If you're not eligible, that's not a problem – you can trade as a retail client with us. You’ll have access to the same powerful platforms and great customer service we offer our retail clients.

What’s the difference between an IG trading account and an IG Pro account?

With an IG trading account, you’ll need to hold more margin to cover your positions than an IG Pro account would.

What protections do wholesale clients forego?

As a wholesale client, some of the protections that are afforded to retail clients by the Corporations Act 2001 (Cth) may not be afforded to you. Such protections include (but are not limited to) the issuing of a Product Disclosure Statement, which we would have previously provided to you as a retail client.

Moreover, as a wholesale client, the applicable Future of Financial Advice (FoFA) requirements relating to conflicted remuneration do not apply.

What if I don't already have an IG trading account?

Before you can apply for IG Pro, you will need to first apply for a standard account and then upgrade to Pro.

Will my level of client money protection change?

Importantly, as a wholesale client, we will continue to segregate your money and assets in the same way as before in accordance with the client money provisions of the Corporations Act 2001 (Cth).

We may assume a level of knowledge and experience when assessing whether our products are appropriate for wholesale clients.

1 The advertised offering is only available to individual clients capable of obtaining ‘wholesale’ status. This requires you to have either net assets of at least $A2.5 million OR gross income for each of the last two financial years of at least A$250,000.

2 Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends December 2018 Leveraged Trading Report

3Total value is calculated based on the end-of-day FX rate on the rebate calculation date. All rebate amounts are calculated in US Dollar terms and paid in the account currency.