Discover CFD interest rate trading on our award-winning platform.2 Learn how to take a position on the future short-term (quarterly) direction of a range of global interest rates.
Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEST) weekdays, or email newaccounts.au@ig.com.
Choose from a broad selection of global money markets
Back your judgement on future changes in short-term interest rates
Hedge against other investments affected by interest rates, like mortgage repayments
With CFDs, you can lose more than you deposit, you do not have ownership in the underlying asset, and you may be subject to margin close-outs if you do not maintain sufficient margin.
Interest rate derivatives are financial products used for trading that ‘derive’ their underlying value from the interest rate. With them, you can take a position on the global short-term interest rate, going long or short depending on your outlook.
With us, you can trade interest rate futures with a CFD trading account.
Let’s look at the features of CFDs:
*CFD trading involves high risk. That’s because leverage can magnify both your profits and your losses as they’ll be based on the full exposure to the trade, not just the initial margin deposit required to open it. This means losses as well as profits could far outweigh your margin, so always ensure you’re trading within your means.
Normal CFD contract | |
---|---|
SONIA (3-month) | 1 |
Australian 30-Day Interbank Rate | 1* |
Euribor (3-month) | 1 |
SOFR (3-month) | 1 |
Spreads may be offered as a fixed or variable amount. If variable spreads are in use, then the spread shown in this table is the amount of IG spread added to the underlying futures market spread. Any variable spreads are marked with an asterisk (*).
With CFDs, the difference in the underlying interest rate’s price from when you opened your position versus when you’ve closed it determines your profit – or loss and you’ll be charged in the spread, so you’ll pay no additional commission charges.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Enjoy flexible access to 11,000+ domestic and international shares and ETFs, with reliable execution
Trade on the move with our award-winning trading app*
With more than 51 years of experience, we’re proud to offer a truly market-leading service
*Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.
Enjoy flexible access to 11,000+ domestic and international shares and ETFs, with reliable execution
Trade on the move with our award-winning trading app*
With more than 51 years of experience, we’re proud to offer a truly market-leading service
*Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.
Take control of your trading with our clean deal tickets, clear price charts and in-platform news and analysis.
Trade interest rate CFD opportunities wherever you are and receive trading alerts and signals on the go via email, SMS or push notification.
There is no minimum deposit to open an account and there is no obligation to fund to trade.
There is no minimum deposit to open an account and there is no obligation to fund to trade.
There is no minimum deposit to open an account and there is no obligation to fund to trade.
There is no minimum deposit to open an account and there is no obligation to fund to trade.
Our technology is engineered for speed, stability and competitive prices
See how we’ve been changing the face of trading for more than 51 years
With CFDs, you can lose more than you deposit, you do not have ownership in the underlying asset, and you may be subject to margin close-outs if you do not maintain sufficient margin.
1 Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2024 Leveraged Trading Report.
2 Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.