Contact us

New to IG: +35 318 009 95362
Existing clients: +35 318 009 95364
Email: newaccounts.uk@ig.com

Start trading now

It’s free to open an account and no downloads are required to use our web-based platform.

Free demo account

Practise trading with €10,000 virtual funds.

Charges and fees

We are clear about our charges, so you always know what fees you will incur when you trade with us.

Start with lower minimums

Enjoy reduced minimums for one month on when you begin trading with IG.

Options

Trade online with reduced minimum deal sizes for the first month to reduce your exposure.

Month Minimum bet size
1 25% of normal
2+ Normal

Spread betting

Bet online with reduced minimum deal sizes for the first month to reduce your exposure.

Month Minimum bet size
1 25% of normal
2+ Normal

CFD trading

For all UK markets you can trade with reduced minimum trade sizes for the first month.

Month Minimum trade size
1 25% of normal
2+ Normal

Spreads, commissions and margins

Options

Discover what you'll pay for each spread bet position you take.

What is the spread?

The spread is the difference between the offer price (what you'll pay if you buy a market) and the bid price (what you'll pay if you sell a market). This spread is wrapped around our price.

What is the premium?

The premium is the price you pay to buy an option, or receive when you sell an option.

For barrier options, the premium is affected by the price of the underlying market, and your knock-out level. For vanilla options, the premium is affected by a range of factors including the price of the underlying, the strike, the time to expiry, volatility and more.

Your maximum risk when buying an options position is the premium multiplied by the size of your trade.

What is commission?

You pay a commission charge, usually 0.1 unit of contract currency per lot, at the open and close of every option trade.

The premium is the price of an option contract; the amount you pay to buy, or receive to sell, a contract.

Index barriers

Market name

Min bet

Available spread

Knock-out premium

Commission

FTSE 100
24 hours
1

1.8

0.8

1.8

3.8

0.8 0.1 per contract
Germany 30
24 hours
1

1.8

0.8

1.8

4.8

1.5 0.1 per contract
Wall Street
24 hours
1

2.2

1.4

5.6

5.6

3.6

2 0.1 per contract
US 500
24 hours
1

0.2

0.4

1.3

1.3

0.25 0.1 per contract


See full indices product details

Daily index vanilla options

Market name

Contract size

Min bet

Available spread

Commission

Retail margin (when selling)

Professional margin (when selling)

Daily FTSE 100 £1 £1 3-4 £0.1 per contract 2% 0.50%

Daily Wall Street

$1 $1 4-5 $0.1 per contract 2% 0.50%
Daily US 500 $1 $1 0.5-1 $0.1 per contract 2% 0.50%
Daily Germany 30 €1 €1 4-6 €0.1 per contact 2% 0.50%


See full indices product details

Weekly index vanilla options

Market name

Contact size

Min bet

Available spread

Commission

Retail margin (when selling)

Professional margin (when selling)

Weekly FSTE 100

£1 £1 3-5 £0.1 per contract 2% 0.50%

Weekly Germany 30

€1 €1 4-6 0.1 per contract 2% 0.50%

Weekly US 500

$1 $1 0.6-1.4 $0.1 per contract 2% 0.50%

Weekly Wall Street

$1 $1 6-10 $0.1 per contract 2% 0.50%


See full indices product details

Monthly index vanilla options

Market name

Contact size

Min bet

Available spread

Commission

Retail margin (when selling)

Professional margin (when selling)

Monthly FSTE 100

£1 £1 4-8 £0.1 per contract 2% 0.50%

Monthly Wall Street

$1 $1 8-20 $0.1 per contract 2% 0.50%

Monthly US 500

$1 $1 0.8-2 $0.1 per contract 2% 0.50%

Monthly Germany 30

€1 €1 4-6 €0.1 per contract 2% 0.50%


See full indices product details

Forex barriers

Market name

Minimum bet

Minimum spread

Average spread

Knock-out premium

Commission

EUR/USD

1 0.4 0.55 1.2 0.1 per contract

AUD/USD

1 0.4 0.56 0.8 0.1 per contract

EUR/GBP

1 0.7 1.03 2 0.1 per contract

GBP/USD

1 0.7 0.97 2 0.1 per contract


See full forex product details

Daily forex vanilla options

Share category

Contract size Min bet Available spread Commission Retail margin (when selling) Professional margin (when selling)
Daily GBP/USD

$1

$1 3-5 $0.1 per contract 2% 1.00%
Daily USD/JPY ¥100 ¥100 3-4 ¥0.1 per contract 2% 0.50%
Daily USD/CHF SF1 SF1 2.5-3 SF0.1 per contract 2% 1.50%
Daily EUR/GBP £1 £1 3-5 £0.1 per contract 2% 1.00%

See full forex product details

Weekly and quarterly forex vanilla options

Share category

Contract size Min bet Available spread Commission Retail margin (when selling) Professional margin (when selling)
EUR/USD

$1

$1 5-8 $0.1 per contract 2% 0.50%
GBP/USD $1 $1 8-16 $0.1 per contract 2% 1.00%
USD/JPY ¥100 ¥100 5-8 ¥0.1 per contract 2% 0.50%
AUD/USD $1 $1 5-6 $0.1 per contract 2% 0.50%

See full forex product details

Commodity barriers

Share category

Minimum bet Available spread Knock-out premium Commission
Oil - US Crude

2

2.8 3 0.1 per contract
Oil - Brent Crude 2 2.8 3 0.1 per contract
Spot Silver 3 2 2 0.1 per contract
Spot Gold 5 0.3 0.3 0.1 per contract

See full commodities product details

Daily commodity vanilla options

Market name

Contract size

Min bet

Available spread

Commission

Retail margin (when selling)

Professional margin (when selling)

Oil- Daily US Crude

$1 $1 5-6 $0.1 per contract 2% 0.50%

Daily Spot Gold

$1 $1 0.5-1 $0.1 per contract 2% 0.50%

Daily Spot Silver

$1 $1 1-2 $0.1 per contract 2% 0.50%


See full commodities product details

Weekly commodity vanilla options

Market name

Contract size

Min bet

Available spread

Commission

Retail margin (when selling)

Professional margin (when selling)

Weekly Oil - US Crude

$1 $1 5-6 $0.1 per contract 2% 0.50%

Weekly Gold

$1 $1 0.5-0.8 $0.1 per contract 2% 0.50%


See full commodities product details

Monthly commodity vanilla options

Market name

Contract size

Min bet

Available spread

Commission

Retail margin (when selling)

Professional margin (when selling)

Oil- US Crude (1)

$1 $1 5-6 $0.1 per contract 2% 0.50%

Gold (1)

$1 $1 0.6-1.2 $0.1 per contract 2% 0.50%

Silver (1)

$1 $1 0.4-1.6 $0.1 per contract 2% 0.50%


See full commodities product details

Spread betting

Discover what you'll pay for each spread bet position you take.

What is the spread?

The spread is the difference between the offer price (what you'll pay if you buy a market) and the bid price (what you'll pay if you sell a market). This spread is wrapped around any underlying market price.

What is margin?

Margin trading gives you full exposure to a market using only a proportion of the capital you’d normally need. Margin is the amount of money you need to open a position, defined by the margin rate.

At IG, our margins are among the lowest in the industry. We can offer even lower rates for the majority of positions thanks to our tiered margin system.

Indices

Market name

Min bet

Available spread

Retail margin factor

Professional margin factor

FTSE 100 DFB
24 hours
£0.50 1 5% 0.45%
Wall Street DFB
24 hours
£0.20 1.6 5% 0.45%
Germany 30 DFB
24 hours
£1 1 5% 0.45%
Australia 200 DFB
24 hours
£2 1 5% 0.45%


See full indices product details

Forex

Market name

Min
bet

Min spread

Ave spread1

Retail margin required

Professional margin factor

Spot EUR/USD £0.50 0.6 0.70 3.33% 0.45%

Spot AUD/USD

£0.50 0.6 0.76 5% 0.45%
Spot EUR/GBP £0.50 0.9 1.33 3.33% 0.9%
Spot GBP/USD £1 0.9 1.52 3.33% 0.9%


See full forex product details

Cryptocurrencies

Market name

Min
deal size

Min spread

Retail margin

Professional margin factor

Bitcoin

0.2 38 50% 4.5%

Ethereum

0.5 1.4 50% 4.5%

Ripple

10 0.4 50% 4.5%

Bitcoin Cash

0.2 1.8 50% 9%

Litecoin

1 0.5 50% 9%


See full cryptocurrency product details

Commodities

Market name

Minimum bet

Spread

Retail margin factor

Professional margin factor

Spot Gold £5 0.3 5% 0.45%

Spot Silver

£3 2 10% 1.80%
Oil - US Crude £0.25 2.8 10% 1.35%
Oil - Brent Crude £1 2.8 10% 1.35%


See full commodities product details

Shares

Share category

DFBs
(per side)
Near quarter
(per side)
Far quarter
(per side)
Very far quarter
(per side)
FTSE 100 shares 0.10% 0.20% 0.40% 0.60%
Major US shares 0.10% 0.35% 0.45% 0.60%
Major European shares 0.10% 0.35% 0.45% 0.60%


With share spread bets, we offer permanently low spreads on thousands of shares, given as a percentage of the underlying market value. We subtract the spread from the market value to get a Sell price, and we add it to the market value to get a Buy price.

See full shares product details

CFD trading

Discover what you'll pay for each spread bet position you take.

What is the spread?

The spread is the difference between the offer price (what you'll pay if you buy a market) and the bid price (what you'll pay if you sell a market). This spread is wrapped around any underlying market price.

What is margin?

Margin trading gives you full exposure to a market using only a proportion of the capital you’d normally need. Margin is the amount of money you need to open a position, defined by the margin rate.

At IG, our margins are among the lowest in the industry. We can offer even lower rates for the majority of positions thanks to our tiered margin system.

What is commission?

You pay a commission charge on every share CFD.

Indices

Market name

Value of one contract

Available spread

Retail margin per contract

Professional margin per contract

FTSE 100
24 hours
£10 1 5% 0.45%

Wall Street
24 hours

$10 1.6 5% 0.45%
Germany 30
24 hours
€25 1 5% 0.45%
Australia 200
24 hours
AUD25

1

10% 0.45%


See full indices product details

Forex

Market name

Value
per point

Min spread

Ave spread1

Retail margin req

Professional margin req

Spot EUR/USD $10 0.6 0.70 3.33% 0.45%

Spot AUD/USD

$10 0.6 0.76 5% 0.45%
Spot EUR/GBP £10 0.9 1.33 3.33% 0.9%
Spot GBP/USD $10 0.9 1.52 3.33% 0.9%


See full forex product details

Cryptocurrencies

Market name

Min
deal size

Min spread

Retail margin

Professional margin factor

Bitcoin

1 38 50% 4.5%

Ethereum

1 1.4 50% 4.5%

Ripple

0.01 0.4 50% 4.5%

Bitcoin Cash

1 1.8 50% 9%

Litecoin

1 0.5 50% 9%


See full cryptocurrency product details

Commodities

Market name

Value of one contract

Spread

Retail margin per contract

Professional margin per contract

Spot Gold $100 0.3 5% 0.45%

Spot Silver

$50 2 10% 1.80%
Oil - US Crude $10 2.8 10% 1.35%
Oil - Brent Crude $10 2.8 10% 1.35%


See full commodities product details

Shares

Share category Commission
per side
Min charge
(online)
Min charge
(phone)
UK 0.10% £10 £15
US 2 cents per share $15 $25
Euro1 0.10% €10 €25

With share CFDs you deal at the real market price, so we don't attach our own spread. Instead, we take a small commission when you open the position, and again when you close it. In each instance, a minimum charge applies.

See full shares product details

MT4

Some product details are different when you trade using the MT4 platform.

What is the spread?

The spread is the difference between the offer price (what you'll pay if you buy a market) and the bid price (what you'll pay if you sell a market). This spread is wrapped around any underlying market price.

What is margin?

Margin trading gives you full exposure to a market using only a proportion of the capital you’d normally need. Margin is the amount of money you need to open a position, defined by the margin rate.

At IG, our margins are among the lowest in the industry. We can offer even lower rates for the majority of positions thanks to our tiered margin system.

What is commission?

You pay a commission charge on every share CFD.

Indices

Market name

Value of one contract

Available spread

Retail margin per contract

Professional margin per contract

FTSE 100
24 hours
£10 1 5% 0.45%

Wall Street
24 hours

$10 1.6 5% 0.45%
Germany 30
24 hours
€25 1 5% 0.45%
Australia 200
24 hours
AUD25

1

10% 0.45%


See full indices product details

Forex

Market name

Value
per point

Min spread

Ave spread1

Retail margin req

Professional margin req

Spot EUR/USD $10 0.6 0.70 3.33% 0.45%

Spot AUD/USD

$10 0.6 0.76 5% 0.45%
Spot EUR/GBP £10 0.9 1.33 3.33% 0.9%
Spot GBP/USD $10 0.9 1.52 3.33% 0.9%


See full forex product details

Cryptocurrencies

Market name

Dealing hours

MT4 Symbol One contract means Value of one full point (CFDs) Minimum bet (spread betting)

Retail margin

Professional margin

Bitcoin

24 hours BTCUSD 1 BTC $1 £0.01 50% 4.5%

Ethereum

24 hours ETHUSD 1 ETH $1 £0.01 50% 4.5%

Ripple

24 hours XRPUSD 1 XRP $1 £0.01 50% 4.5%

Bitcoin Cash

24 hours BCHUSD 1 BCH $1 £0.01 50% 9%

Litecoin

24 hours LTCUSD 1 LTC $1 £0.01 50% 9%

See full cryptocurrency product details

Commodities

Market name MT4 symbol

One contract means

Value of one full point (CFDs) Minimum bet (spread betting)

Spread

Retail margin per contract

Professional margin per contract

Spot Gold XAUUSD 100 troy oz $100 50p 0.3 5% 0.45%

Spot Silver

XAGUSD 5000 troy oz $5000 50p 2 10% 1.80%
Oil - US Crude USOIL 1000 barrels $10 10p 2.8 10% 1.35%
Oil - Brent Crude UKOIL 1000 barrels $10 10p 2.8 10% 1.35%


See full commodities product details

See our ‘costs and charges’ document for examples of how spreads, commissions and margins can affect your positions.

Funding and interest

Funding and interest charges apply to spread bets, barrier option trades and CFD trades only. Find out how we apply funding and interest below, or see our ‘costs and charges’ document for examples of how funding and interest can affect your positions.

DFBs, barriers and cash CFDs

If you keep a Daily Funded Bet (DFB) or barriers or cash CFD position open overnight (after 10pm UK time) we will make an interest adjustment to your account, to reflect the cost of funding your position. The interest adjustment is based on 1-month interbank funding rates (eg. LIBOR). We debit your account if your position is long, and credit your account for a short position – if the interbank funding rate is greater than 2.5%.*

For nearly all our markets, this is calculated in the same way for both spread bets and CFDs. For forex, the funding cost is calculated differently. See the table below.

Daily funded bets, barriers and cash CFDs

Long positions

Short positions

Forex positions

We charge 2.5%* above the relevant interbank rate.

Eg. If the relevant interbank 1-month rate is 0.5%, you would be charged 3.00% (annualised).
You receive the relevant interbank rate, minus 2.5%*.

If the interbank rate is greater than 2.5%,* we credit your account; if the interbank rate is less than 2.5%,* your account is debited.

Eg. If the relevant interbank 1-month rate is 0.5%, you would be charged 2.00% (annualised).
For forex positions, we charge funding based on the current tom-next rate.

Tom-next shows, in points, the difference between the interest paid to borrow the currency that is being notionally sold, and the interest received from holding the currency.

*3% on mini and micro CFD contracts

How is funding calculated?

Futures and forwards

For fixed-expiry deals on stock indices and commodities we offer futures for spread betting and CFDs. For fixed-expiry shares and forex, we offer forwards for spread betting. We build the overnight funding charges into the spread, so that everything is included, for futures and forwards. This makes it easier to identify your break-even level on your deal.

Non-share markets

Stock index

Futures spread

Forex pair

Forward spread

Commodity

Futures spread

FTSE 100 4 EUR/USD 10 Spot gold 0.6
Wall Street 6 GBP/USD 9 Spot silver 3
Germany 30 6 AUD/USD 10 Light Cruide oil 6
More indices More forex pairs More commodities

Share markets

We offer forward spread bets on shares, for the upcoming three quarters.

Market

Quarterly bets (near)

Quarterly bets (far)

Quarterly bets (very far)

FTSE 100 shares 0.20% 0.40% 0.60%
Other UK shares 0.40% 0.45% 0.60%
Major US shares 0.35% 0.45% 0.60%
Other US shares 0.35% 0.45% 0.60%
Euro shares 0.35% 0.45% 0.60%
Other euro shares 0.35% 0.45% 0.60%
More shares

Extra services and charges

For spread bets, options and CFDs, there are some extra services that we charge for.

Direct Market Access (DMA)

There’s no charge for using DMA to trade CFDs on forex3 and shares, though in order to access live DMA prices for some shares you’ll need to pay a refundable monthly exchange fee.

Live price data feeds

Obtaining live share prices from an exchange incurs a monthly fee.

Inactivity fee

We charge a £14 fee on the first of every month, if no dealing activity has occurred for two years or more.

ProRealTime Charts

Subscribing to real-time charts with a CFD account costs £€30 per month. This is refunded if you place four or more trade a month. We reserve the right to charge you for the service if your qualifying trades are of an extremely low value.

Charges passed on from third parties:

  • Fees for credit and international debit card payments

Account documentation fee

We charge a $50 fee on accounts which have not supplied a mandatory W-8 or W-9 form prior to the dividend ex-date of a qualifying trade ib a US-incorporated stock. We do not apply this fee to accounts with up-to-date documentation or accounts which have not entered into qualifying trades. We will notify you if you have entered into a qualifying trade and need to complete a form.

Charges and funding FAQs

What are your dealing hours?

Our offices are normally open 24 hours a day between 11pm on Sunday (9pm for forex) and 10.15pm on Friday night (London time). 

Dealing hours vary between markets, but standard UK market hours are 08.00-16.30 (London time). 

How does overnight funding work?

When you trade options or CFDs with us, you trade on leverage. This means you provide only a part of the notional value of your exposure, and we in effect lend you the rest of the notional value. If you close your position on the same day, there is no funding fee. If you keep it open overnight, we charge a small fee to cover the cost of the money you’ve effectively borrowed.

For share and stock index trades, this funding fee is the relevant interbank rate for your traded currency, plus or minus our small admin fee, depending on if your position is long or short.

For forex and spot metals trades, it is the tom-next rate plus a small admin fee.

For futures markets there is no overnight funding fee because the cost of funding is built into the spread.

Are charges fixed or do they vary? 

Spreads

Our spreads are the same for CFDs and spread betting, apart from shares. Share CFDs directly reflect the underlying market price, and are subject to commission. Share spread bets are commission free, but are subject to a spread on the opening and closing price of the bet. However, the overall cost is virtually the same for share spread bets and share CFDs. CFD traders should remember we offer our tightest spreads on our standard contracts, with wider spreads on some mini and micro contracts.

Our forex spreads vary depending on underlying market liquidity. The more liquid the market, the narrower our spread – as low as 0.8 points. As the underlying market spread widens, so does ours – but only to our maximum cap.

Our stock index spreads vary by the time of day. During the underlying market hours we offer our standard and tightest spreads eg 1 point on the FTSE 100. When we offer an out-of-hours market, so you can benefit from 24-hour dealing, we offer a wider spread.

Commission

Our commission varies depending on the host country for your market, and the account you are using

Options

You’ll usually pay a small commission on open and close of your trade. This is 0.1 unit of contract currency, per contract.

CFDs

All UK shares are subject to a flat 0.10% commission, while all US stocks are subject to a CFD commission of 2 cents per share, for example.

Overnight funding

The overnight funding fee is calculated using the relevant interbank rate for stock index and share trades. The fee for forex trades is calculated using the tom-next rate. These rates change daily, varying the funding fee each day. Mini and micro CFD contracts are subject to a higher funding rate.

When should I use a forward bet / contract?

There is no overnight funding fee for forward trades, the funding cost is built into a wider spread. This makes forwards less attractive for short-term trading but more so for long-term trades because you know your real cost from the outset.

For fixed-expiry deals on stock indices and commodities we offer futures for spread betting and CFDs. For fixed-expiry shares and forex, we offer forwards for spread betting.

Non-share markets

Spread

FTSE 100 4
Wall Street 6
EUR/USD 10
GBP/USD 9
Spot gold 0.6
Spot silver 3

 

Share markets

Quarterly bets
(near)

Quarterly bets
(far)

Quarterly bets
(very far)

FTSE 100 shares 0.20% 0.40% 0.60%
Major US shares 0.40% 0.45% 0.60%
Euro shares 0.35% 0.45% 0.60%

Is there a currency conversion charge?

Spread bets and CFDs traded in a currency other than your account’s base currency may incur a currency conversion charge. Our default setting is instant conversion, where foreign-currency profit is converted to your base currency and funding, commission and dividend charges are taken into account before your account is credited. We also offer daily, weekly and monthly conversion settings. Our standard charge is 0.5%.

Do you offer guaranteed stops?

Yes, for spread bets and CFD trades. When you have a guaranteed stop attached to your position, we apply a small fee if it's triggered. For major shares, for example, this is 0.3% of the underlying transaction value.

When you trade barriers, you choose a compulsory knock-out level, which functions exactly like a guaranteed stop.

What are interbank and tom-next rates?

The interbank rate is the interest rate charged between banks for short-term loans. It is a key indicator for other interest rate charges, which is why we use it as a basis for calculating our overnight funding fees for your share and stock index trades.

Tom-next is the rate used to calculate the funding adjustment when a forex position is held overnight. It is an industry-standard rate, derived from the interest rate differentials of the pair’s currencies and market expectations of interest rate change. 

Which costs more: CFD trading, options trading or spread betting?

The actual costs of trading with us via a spread bet, option or a CFD vary from market to market. For options, there is a spread charge and commission payment applicable on all trades. For spread bets and CFD trading there may be just a spread charge or just a commission charge.

There is no fee to use our platform for options, CFDs or spread betting, but there is a charge for some live data feeds. This also applies to our DMA-specific platforms which require live data feeds. The fee is refunded to active traders.

What is the spread?

For spread bets, options and CFDs, the spread is the difference between our sell and buy prices. We derive these prices based on the underlying market's value for spread bets, CFDs and barrier options, and from a range of sources – including the underlying value, time to expiry and volatility – for vanilla options.

Are there any account fees?

Only if you haven’t placed any deals on your options, spread betting or CFD trading account for two years or more, and there is still a balance on your account. We’ll then charge a $12 fee on the first day of every month.

You might be interested in...

  • Spread betting with us

    Find out the essentials of spread betting, and discover key benefits including tax-free profits2 and zero commission on trades.

  • Flexible CFD trading

    From competitive rates to our huge range of markets, find out what makes us the UK’s No.1 CFD provider.3

  • Managing your risk

    Explore our range of risk management tools, including stops and limits and price alerts, which help you protect your capital.

1 Average spread (Monday 00:00 - Friday 22:00 GMT) for the 12 weeks ending 7th December 2018. For our minimum spreads, please see our forex spread bet and CFD details.

2 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.

3 Based on revenue excluding FX (published financial statements, February 2018).

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Options are complex financial instruments and your capital is at risk. Losses may be extremely rapid.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.