IG Markets (CFD) gives you access to financial markets without needing to own the underlying asset. You can take positions on price movements across shares, indices, forex and commodities using leverage, meaning you only need to commit a fraction of the total trade value to open a position.

We apply the same execution practices as IG’s full platform, including competitive pricing from multiple venues, high fill rates and automated execution with no manual intervention on active orders.

While both fall under IG Asia Pte Ltd, they are separate trading platforms with separate accounts.  IG Markets is a mobile-only platform and does not provide access to the IG Trading web trading platform (www.ig.com/sg/login). If you are an IG Markets (CFD) customer, you would not be able to log in via the IG Trading website login page.

IG Markets lets you invest in shares and ETFs (share trading) and trade CFDs.

IG Trading offers a larger array of products as well as a web trading platform with advanced trading tools and indicators.

To open an IG Markets CFD account, you’ll need to:

• Be a Singapore resident aged 18 and above

• Meet the minimum wealth requirements

• Pass the Customer Knowledge Assessment (CKA) 

Download or sign in to the IG Markets app to begin. The CKA is a quiz that assesses your knowledge of CFDs as a complex financial product. If you don’t pass on your first attempt, you can complete the Contracts for Difference module on the CKA e-learning portal, provided by The Association of Banks in Singapore (ABS) and the Securities Association of Singapore (SAS).

For more information on the CKA e-learning portal, visit sips.abs.org.sg.

Indices

Australia 200, Germany 40, Wall Street, FTSE 100, Hong Kong HS50, Singapore Blue Chip, US Tech 100, Japan 225, US Russell 2000, US 500 and China A50.

Forex

Trade currency pairs via mini contracts. Available pairs: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, USD/CAD, USD/JPY, USD/SGD and EUR/GBP.

Commodities

Oil (Brent Crude), Oil (US Crude), Natural Gas, Gold and Silver.

Shares

A range of Singapore, US and Hong Kong listed companies.

We will continue to expand the offerings - more markets, more pairs, more opportunities.

We offer several ways to fund your account:

• PayNow: Instant deposits using QR code

• Bank transfer: Funds typically available within 1–2 business days

• Card payments: Debit and credit cards accepted*

All payment methods are secure and there’s no deposit fee from us. Funds are typically available immediately with PayNow and cards.

You can also transfer funds between your Shares and CFD accounts directly in the app.

*A 2% processing fee (levied by the card processor) applies to card payments. We recommend checking with your bank or card issuer, who may levy further charges. The charge is GST-inclusive where applicable.

Withdrawing your funds is straightforward:

• Go to the Portfolio section in your IG Markets app

• Select the account type and select ‘Withdraw’

• Choose your withdrawal method and enter the amount

• Confirm the withdrawal

Important: There are no withdrawal fees from us. Processing times vary by method. You can only withdraw available funds (i.e. funds not held as margin for open positions).

A currency conversion charge of 0.5% is applied on the spot rate whenever a currency conversion takes place on your account. This charge is not shown as a separate line item — it is already embedded in the conversion rate you see.

Currency conversions apply to a number of account activities, including:

• Realised profits and losses

• Overnight funding fees

• Admin fees

• Conversion of deposited funds to your account's base currency

• Dividend adjustments 
  

For funds that are not in the base currency of your account, it will convert automatically to your account’s base currency at 10pm UKT (5am/6am SGT depending on daylight saving changes)

• Spread: Built into the buy and sell price of every product — it’s the difference between the bid and ask price.

• Overnight funding: If you hold a CFD position past the daily cut-off (typically 10pm UK time, depending on product), an overnight funding charge applies to cover the cost of leverage.

• Currency conversion: A fee of up to 0.5% of the spot rate applies when you open or close a trade denominated in a currency other than SGD.

• Borrow charge: A daily borrow charge applies to short share CFD positions, which varies by share and includes a 0.5% admin fee.

We offer a focused range of popular products to keep things clear and manageable. For the full list and pricing, see our CFD trading costs page.

When constituent stocks of an index pay dividends, the overall value of the index drops by a corresponding amount. These are scheduled public events; leveraged index traders can neither profit nor lose from the adjustment itself.

If you have an open position through a dividend adjustment, we’ll credit or debit your account with the exact amount of any additional running profit or loss caused by the adjustment, so there is no material impact on you.

A margin call occurs when the net liquidation value on your account, the total capital you have deposited, plus or minus any unrealised profits or losses, drops below your margin requirement.

At this point, your positions become at risk of being automatically closed to reduce the margin requirement on your account. You can address this by depositing enough funds to bring your net liquidation value above the margin requirement, or by closing positions to reduce it.

There are typically two scenarios in which positions are automatically closed:

• Your net liquidation value drops below 50% of your margin requirement

• You are on margin call during periods of increased or anticipated volatility

Margin requirements are subject to change. If they increase on one or more of your positions, your current net liquidation value may no longer be sufficient to keep those positions open.

Important: If your account’s net liquidation value falls below 50% of the required margin, your open positions will be automatically closed. It is your responsibility to ensure your account is sufficiently funded to cover the margin requirement of all open positions.

We monitor your account margin levels continuously. Here is what happens at each level:

• 100% of margin level — first notification. You’ll receive an email alerting you that your account has reached margin call level. We recommend acting promptly by depositing additional funds or reducing your positions.

• 75% of margin level — second notification. You’ll receive a second email. Your account requires immediate attention at this point.

• 50% of margin level — position close-out. We will begin closing your open positions on a first-in, first-out (FIFO) basis to protect you from further losses.

We will make efforts to notify you when your positions are at risk due to margin requirements. However, customers should continue to actively monitor their account and ensure it remains sufficiently funded at all times. 

Yes, it is possible to lose more than your initial deposit when trading CFDs. Because CFDs are leveraged products, your profits and losses are calculated on the full value of your position, not just the margin you put down. If the market moves sharply against your position before we are able to close it, your losses could exceed the funds in your account.

Accessing your statements in IG Markets is simple:

• Log into the app and go to your profile (top right)

• Select “Documents” > “Statements” and select your account type

• Choose the type of statement you need 

• View online or download as PDF

We take the safety of your money seriously. Here’s how your funds are protected:

• Segregated accounts: All client money is held in dedicated trust accounts at regulated financial institutions, completely separate from our corporate funds.

• Regulatory compliance: We adhere to strict MAS (Monetary Authority of Singapore) client money regulations, with regular audits and reporting.

• Asset custody: Your securities are held in custody arrangements that ensure clear ownership records while allowing efficient trading.

• Financial stability: IG Markets is backed by IG Group, a global financial services provider with decades of experience and a strong balance sheet.

• Settlement protection: Your funds only move for settlement after trades are executed, minimising risk exposure.

This segregation structure means that even in the unlikely event of financial difficulties for the company, your funds remain separate and protected.