Established in 1974 Over 195,000 clients worldwide Over 16,000 markets

Contact us

New to IG: +44 207 633 5300
Existing clients: +44 207 896 0079
Email: newaccounts.uk@ig.com

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 spread betting and CFDs when you begin trading with IG.

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

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.

Find out more about margin with IG

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	0.75	3.33%	0.45%
Spot AUD/USD	£0.50	0.6	0.76	5%	0.45%
Spot EUR/GBP	£0.50	0.9	1.23	3.33%	0.9%
Spot GBP/USD	£1	0.9	1.17	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	40	50%	4.5%
Bitcoin Cash	0.2	2.5	50%	9%
Ethereum	0.5	2	50%	4.5%
Ripple	10	0.6	50%	4.5%
Litecoin	1	0.6	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

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?

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.

Find out more about margin with IG

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	0.75	3.33%	0.45%
Spot AUD/USD	$10	0.6	0.76	5%	0.45%
Spot EUR/GBP	£10	0.9	1.23	3.33%	0.9%
Spot GBP/USD	$10	0.9	1.17	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	40	50%	4.5%
Bitcoin Cash	0.2	2.5	50%	9%
Ethereum	0.5	2	50%	4.5%
Ripple	10	0.6	50%	4.5%
Litecoin	1	0.6	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

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?

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.

Find out more about margin with IG

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	0.75	3.33%	0.45%
Spot AUD/USD	$10	0.6	0.76	5%	0.45%
Spot EUR/GBP	£10	0.9	1.23	3.33%	0.9%
Spot GBP/USD	$10	0.9	1.17	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%
Bitcoin Cash	24 hours	BCHUSD	1 BCH	$1	£0.01	50%	9%
Bitcoin Gold	24 hours	BTGUSD	1 BTG	$1	£0.01	50%	23%
Ethereum	24 hours	ETHUSD	1 ETH	$1	£0.01	50%	4.5%
Ripple	24 hours	XRPUSD	1 XRP	$1	£0.01	50%	4.5%
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 CFD trades and spread bets 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 and cash CFDs

If you keep a Daily Funded Bet (DFB) 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 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?

Shares funding

Forex funding

Other funding

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

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 to trade share CFDs incurs a monthly fee. This is refunded if you place a minimum number of trades a month.

Inactivity fee

We charge a £12 fee on the first of every month, if no dealing activity has occurred for two years or more.

ProRealTime Charts

You can get access to ProRealTime charts at no extra cost if you transact at least four times in a given month. However, if you don't meet this requirement, or your trading activity is of extremely low value, then a £30 per month fee will apply on the last day of every calendar month.

Charges passed on from third parties:

Fees for credit and non-UK debit card payments
Same-day transfers less than £100 (£15)

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 spread bet or trade CFDs with us, you trade on margin. This means you provide only a deposit to open a position, and we in effect lend you the rest of the money required. 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. Share dealing trades made using a share dealing account also don't have a funding fee, as there is no margin involved.

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 stock, and the account you are using

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?

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%.

For relevant share dealing transactions on share dealing accounts, we will convert currencies at the time of execution based on the best available bid / offer exchange rates, plus our spread of 0.5%.

Do you offer guaranteed stops?

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

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 or spread betting?

The actual costs of trading with us via a spread bet or a CFD are virtually identical, even if the way we charge to trade a market differs. For example, the cost of a 0.10% commission on a share CFD trade works out similarly to a 0.10% spread on a share spread bet.

There is no fee to use our platform for either 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 both spread bets and CFDs, the spread is the difference between our Sell and Buy prices. We derive these prices based on the underlying market's value.

Are there any account fees?

Only if you haven’t placed any deals on your CFD or spread betting 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.

¹Average 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.

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

³Based 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. 81% 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 and warrants are complex financial instruments and your capital is at risk. Losses may be extremely rapid.

Professional clients can lose more than they deposit.

The value of shares, ETFs and ETCs bought through a share dealing account, can fall as well as rise, which could mean getting back less than you originally put in. All trading involves risk.

CFD and share dealing accounts provided by IG Markets Ltd; CFD, options and derivative accounts provided by IG Europe GmbH; spread betting accounts provided by IG Index Ltd. IG is a reference to IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902), both registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA, and IG Europe GmbH (a company incorporated in the Federal Republic of Germany and registered in the Düsseldorf Trade Register under number HRB80754 with registered office at Berliner Allee 10, 40212 Düsseldorf, Germany), as the context requires. IG Markets Ltd (Register number 195355) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority. IG Europe GmbH (Register number 148759) is authorised and regulated by the Bundesanstalt für Finanzdienstleistungsaufsicht and Deutsche Bundesbank. IG is a trading name of IG Markets Ltd.

The information on this site is not directed at residents of the United States, Belgium or any particular country outside the EEA and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Contact us

Start trading now

Free demo account

Charges and fees

Start with lower minimums

Spread betting

CFD trading

Spreads, commissions and margins

Spread betting

Indices

Forex

Cryptocurrencies

Commodities

Shares

CFD trading

Forex

Cryptocurrencies

Commodities

Shares

MT4

Forex

Cryptocurrencies

Commodities

Funding and interest

DFBs and cash CFDs

Daily funded bets and cash CFDs

How is funding calculated?

Futures and forwards

Non-share markets

Share markets

Extra services and charges

Direct Market Access (DMA)

Live price data feeds

Inactivity fee

ProRealTime Charts

Charges passed on from third parties:

Account documentation fee

Charges and funding FAQs

Spreads

Commission

CFDs

Overnight funding

You might be interested in...

Spread betting with us

Flexible CFD trading

Managing your risk

Start trading now

Free demo account

Contact us