CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

Terms and conditions

Refer-a-friend Promotion

  1. These terms and conditions (the “Rules”) apply to the Refer a Friend Promotion (“Promotion”). By participating in the Promotion, you agree to be bound by these Rules.

Eligibility

  1. To qualify for the Promotion, the person making the referral ("you") must:
    1. be an existing active account holder of IG Asia Pte Ltd, with its registered office at 9 Battery Road, #01-02 MYP Centre, Singapore, 049910 ("we","us","IG" or "our");
    2. be an individual and a direct retail client of IG;
    3. not be part of referral, affiliate, or other introduction programme run by IG or any of the other companies in the IG group;
    4. have an existing business or personal relationship with the person you would like to refer (your "Friend"); and
    5. refer your friends to IG.
  2. Your Friend must:
    1. be an individual who is 18 years or older; and
    2. be a new client to IG, not having previously held an account with IG or any other IG group company.

Participation

  1. To participate in the Promotion, you must share the unique URL provided to you as part of this Promotion with your Friends that you believe would be interested in IG’s products or services. You may refer up to a maximum of five qualified people under this Promotion.
  2. To qualify for the Promotion, your Friend is required to:
    1. open a trading account with IG through the unique URL shared by you;
    2. fund their account using a source account listed in their name (primary account holder), no third party funds are allowed (including supplementary cards);
    3. make a one-time initial deposit of an amount equal to or greater than SGD5,000 (Five Thousand Singapore Dollars) in their account; and
    4. open five 'qualifying trades' of any product within three months of being referred,

      (upon satisfaction of all the requirements set out in clause 5 and subject to the terms and conditions set out herein, your Friend shall qualify as an “Active Referral”).

      A ‘qualifying trade’ is a CFD with a minimum size of one mini contract or equivalent on which you have paid commission (subject to any applicable promotional offers). For the avoidance of doubt, trades subject to a commission free period will not be qualifying trades.
  3. All accounts are subject to our standard account opening criteria and accounts are available subject to certain jurisdictional restrictions, and as such not all applicants will be successful in their application for an account.
  4. If any restrictions apply to your account or the account of your Friend, the referral will not qualify as an Active Referral until restrictions have been lifted. Any restrictions that apply to an account will be detailed in the email to the account holder upon account activation. The referral will not qualify as an Active Referral if your account or the account of your Friend is closed for any reason.
  5. The referral will not qualify as an Active Referral if you have a power of attorney over the account of your Friend. You cannot refer yourself via a joint account or refer a member of the same household.

Rewards

  1. Within 30 business days of your Friend becoming an Active Referral:
    1. you will receive cash reward posted to your default IG trading account in the following amounts:
      1. first Active Referral: SGD250 (Two Hundred and Fifty Singapore Dollars);
      2. second Active Referral: SGD300 (Three Hundred Singapore Dollars);
      3. third Active Referral: SGD350 (Three Hundred and Fifty Singapore Dollars);
      4. fourth Active Referral: SGD400 (Four Hundred Singapore Dollars); and
      5. fifth Active Referral: SGD500 (Five Hundred Singapore Dollars).
    2. each Active Referral will receive a SGD250 cash reward posted to their IG trading account,

      together referred to as the “Refer a Friend Rewards”. The maximum cash reward available under this Promotion is SGD1,800 (One Thousand Eight Hundred Singapore Dollars) where you have successfully referred the maximum number of five Active Referrals under this Promotion.

General

  1. You can only refer an individual or company to IG once. If you have referred an individual or company to any IG group company, you cannot refer the same individual or company again to another company in the IG group.
  2. The Promotion is not open to employees of IG or any IG group company or employees of any other company engaged in direct competition with IG or any IG group company.
  3. IG reserves the right to remove a Refer a Friend Reward or substitute a Refer a Friend Reward offered with another item of the same value, at its sole discretion, from time to time and without prior notice to you or your Friend.
  4. This Promotion and any obligations of IG pursuant to it will be revoked or withdrawn from participants who abuse the spirit or intention of it. We reserve the right to cancel or withdraw the Promotion at any time in case of any suspected abuse of the Promotion. Further, where any of these Rules are breached, if we believe that any of the terms of your Customer Agreement with us have been breached in any way, you no longer have an account with IG or there is any reason to suspect a participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to this Promotion, we reserve the right to stop, withhold or cancel payment of the Refer a Friend Reward or to prevent any attempted withdrawal of the same from your account.
  5. To the extent a Refer a Friend Reward has been paid to you and we suspect a participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to this Promotion, you agree that we will be entitled to deduct an amount equivalent to the Refer a Friend Reward from any IG trading account that you hold with us.
  6. We are the sole arbiter of the Promotion, these Rules and any other issues arising under this Promotion. Exceptions to these Rules are at the sole discretion of IG’s management, and our decision is final. We reserve the right to alter, amend or terminate the Promotion or any aspect of it at any time and without prior notice.
  7. The Refer a Friend Reward cannot be combined with any other reward promotions that IG offers. Each active referral will be limited to per residence, IP address or computer/smartphone tablet.
  8. We will not be held liable for any losses incurred by you or your Friend as a result of your (or their) trading or in relation to this Promotion. Trading CFDs is a high risk activity and it is possible to lose more than your initial investment. You should take into account and consider your investment objectives, financial situation or particular needs before making any commitment to trade CFDs. Please ensure that you fully understand the risks and costs involved. Refer to the Risk Disclosure Statement and the Risk Fact Sheet at IG.com/sg.
  9. We will not be held liable for your, or your Friend’s, inability to satisfy the eligibility requirements of the Promotion or ability to trade as the result of any technical malfunction of the internet, IG’s trading platform, or your or your Friend’s own computing system. You and your Friend accept all risks associated with trading over the internet, mobile applications, and downloadable software.
  10. Any dispute or situation not covered by these Rules, will be resolved by IG’s management in a manner it deems to be fairest to all concerned and that decision will be final and binding on all parties.
  11. If at any time all or any part of any provision of these Rules are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) will not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Rules or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Rules.
  12. If any tax is payable on the Refer a Friend Reward paid by us to you pursuant to the Rules, this tax will be your liability and will not be incurred by us. If the law requires us to withhold this tax and settle with the relevant tax authority on your behalf, then we shall credit your Refer a Friend Reward to your account net of this tax.
  13. These Rules will be governed by and construed in accordance with the laws of Singapore and will be subject to the jurisdiction of the Singaporean courts.

Updated as of 7 April 2022

Contact us

Support line is available 24hrs a day from 8am GMT Saturday to 10pm GMT Friday

+65 6390 5118

You can also email us helpdesk@ig.com.sg