All trading involves risk. Losses can exceed deposits.
Over 40 years’ heritage
Over 185,000 clients worldwide
Over 15,000 markets

CFD account details

All trading involves risk. Losses can exceed deposits.

Start trading now

It's free and quick to open an account with us - and there's no obligation to fund or trade. Or, open a demo to try out our platform.

Our charges

It's completely free to open an account with IG. Once you've funded your account and started trading, our main charge on each trade is the spread or a small commission for shares trades.

You choose your price per contract (we offer low minimum contract sizes for new clients), and put down a margin payment. This allows you full exposure to a market with only a fraction of the total capital you'd normally need. Other charges can apply – see our charges and fees for more details.

Take a look at a share trading example, or a more detailed indices trading example.

Account benefits

When you open an IG account you're joining the world's No.1 CFD trading provider*.

All our clients benefit from:

  • Tight spreads, low commissions and low margins on over 10,000 markets
  • A superior trading platform, available across the web and mobile devices
  • Expert charting packages
  • Free educational videos and resources
  • Friendly, helpful customer support
  • Free data, research and analysis tools
  • Security of a financially strong, FTSE 250 company, founded in 1974

What you need to know

Like all financial products, CFD trading carries risk. If the market moves against you, you lose money. However, as CFDs are a leveraged product, the risks can be greater – with the possibility of losses exceeding deposits.

With an IG CFD trading account, you can manage your exposure using a range of risk management tools, including stops and automated alerts. We’ll also help you learn the essentials of risk management, and you can practise your strategies using a demo account.

It's also important to read and understand our account information documents before you get started, including the CFD trading customer agreement (PDF).

Account essentials

Account charges

  • No setup charge
  • No annual charge
  • No account closure fee
  • Inactivity fee of £12 on the first of every month, if no dealing activity has occurred for two years or more


Trading details    

  • Over 10,000 global markets
  • Exempt from stamp duty (but not tax-free*)
  • Traded in shares or contracts
  • Commissions on certain markets
  • Lower minimum online comission on UK shares for first six weeks1
  • Overnight funding available (charges apply)4
  • Minimum trade size 50% of normal for first two weeks3
  • Margin/leverage from 0.5% for forex, 5% for shares and margin factor for indices
  • Trading by phone available
  • Full range of risk management tools available


Platforms and tools  

  • Access to all platforms 
  • Demo account available
  • Live streaming of IG charts 
  • Advanced charting packages available2
  • Technical analysis tools 
  • Economic calendar 
  • Live Reuters news 
  • DMA available with download of L2 Dealer platform 


Support and education

  • 24/7 phone support
  • Educational videos and guides
  • In-person seminars
  • Live webinars

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

You might be interested in...

* Based on revenue excluding FX (published financial statements, September 2015).

1, 2 Introductory offer. See more details

3 You can get access to ProRealTime charts at no extra cost if you transact at least four times in a given month. Otherwise there is a £30 per month fee. We reserve the right to charge you for the service if your qualifying trades are of an extremely low value

See more about our charges and fees

Buying Barclays plc light

Buying Barclays

  Spread bet DFB CFD
Underlying market/value

Barclays Plc 281/281.1

Our price 280.72/281.38 281/281.1
Deal

Buy at 281.38

Buy at 281.1

Deal size £20 per point 2000 shares
Initial margin required

Notional value x margin factor

= £5627.60 x 5%

= £281.38

Notional value x margin factor

= £5622 x 5%

= £381.10

What happens next? Our price rises steadily to 294.71/295.39 The market rises steadily to 295/295.1
Underlying market 295/295.1
Close

Sell at 294.71

Sell at 295

Gross profit

Gross tax-free* profit = £266.60

294.71 – 281.38 = 13.33 points

Value per point = £20

13.33 x £20 = £266.60

Gross profit = £278

295 - 281.1 = 13.9 pence

Number of shares = 2000

£0.139 x 2000 = £278

What if...

If the underlying market fell to 266.74/267.36 instead:

(266.74 - 281.38) x £20 shares

Gross loss = £292.80

If the underlying market fell to 267/267.1 instead:

(267 - 281.1) x 2000 shares

Gross loss = £282

 

To calculate your net profit or loss, you would need to factor in any spread, commission or funding charges. See our detailed example for more information.

Daily funded bets (DFBs) are long-term bets on the cash price of an underlying instrument. DFBs have no expiry date, so we make a cash adjustment to your account to reflect funding charges.

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

Selling the FTSE 100 Cash CFD and FSB Detailed

Selling the FTSE 100: detailed

  Spread bet DFB Cash CFD
Underlying market/value

FTSE 100 JUN13 Future 6400

Our market and price 

FTSE 100 DFB

6441.05/6442.5

FTSE 100 Cash

6441.05/6442.5
Deal

Sell at 6441.05

Sell at 6441.05

Deal size

£10 per point

1 contract

£10 per contract
Margin required

£250

Margin factor x deal size

25 x £10

£250

Margin requirement per contract x number of contracts

£250 x 1

What happens next? The market drops dramatically, reaching 6300 at 10pm, when funding is calculated. It rises a little overnight, to 6310
Funding

Funding = £3.47

(One-month LIBOR eg 0.49% minus 2.5% x £10 x 6300)/365

Close

Buy at 6310.5

Buy at 6310.5

Overall market movement & profit/loss

Gross profit = £1305.50

6441.05 – 6310.5 = 130.55

£10 per point

Gross profit = £1305.50

6441.05 – 6310.5 = 130.55

Each contract is worth £10 per point

Costs

1-point IG spread (included)

Funding cost: £3.47

Net profit

£1302.03 tax-free* net profit

£1302.03 net profit subject to tax

What if...

If the market rose 130.5 points instead:

130.5 x £10 + £3.40

£1308.40 net loss

 

 

Daily funded bets (DFBs) and Cash CFDs are no-expiry deals on futures markets. We make a cash adjustment to your account to reflect funding charges for any DFB or Cash CFD held open overnight.

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

Eligibility

Requirements checklist

  • You must be over 18
  • You must successfully meet our appropriateness assessment (within the application form) to see if CFD trading is appropriate for you – this is a regulatory requirement
  • We can open a UK CFD trading account for people from most countries, but it may be more convenient for you to deal with an office closer to home

Information checklist

  • It’s important to understand the basics of CFD trading
  • Do you understand the risks?

Full terms and agreements

What we ask you

  • We need your name and address to establish your identity – this protects against possible fraud
  • We ask about your financial trading experience to assess if CFD trading is appropriate for you – this is a regulatory requirement

Peace of mind

  • We’ll never contact your employer as part of the application
  • Your data is kept securely in line with our privacy policy and the Data Protection Act
  • We’ll never ask for a deposit to open an account

Contact us

We're here 24hrs a day from 8am Saturday to 10pm Friday.

0800 195 3100

You can also email us at newaccounts.uk@ig.com

New to CFD trading?

Find out more about CFD trading and how to get started. Learn more.