Contracts for difference (CFDs) with IG – the flexible way to trade the financial markets.
It takes less than five minutes to open a CFD trading account, and you get reduced commissions for your first two weeks.1
Join the UK's No.1 CFD provider* for superior service and support
Competitive rates: FX from 0.8 points, indices from 0.4 points, shares from 0.1% commission
Never miss an opportunity, wherever you are, with our mobile trading app
Opportunities in over 15,000 markets: indices, forex, shares, commodities and more
Take control with our extensive range of stops, limits and alerts
Access our free research tools to become a better-informed trader
A contract for difference, or CFD, is a derivative product which enables you to speculate/trade on the difference in price of a financial market between when the contract opens and when it closes. The profit or loss you make depends on the extent to which your forecast is correct.
While this means the product is very flexible, it also requires a high level of risk management. It's important to remember you're trading contracts with IG, not physically trading in the underlying market. This means you don’t actually own any assets.
See CFD trading account information, including benefits, fees and what you get for free.
Discover if CFD trading suits you, the risks involved and how to manage them.
We’re proud to offer a huge range of trading options across the financial markets. It's another reason why more than one in three UK CFD traders have an account with us.*
FTSE 100, Wall Street, Germany 30 and more
Competitive rates on over 8000 shares, plus DMA trading
Choose from over 60 currency pairs with the UK's No.1 retail forex provider2
Trade on gold, silver, oil and dozens more commodity markets
Huge range of digital 100 types, timescales and markets, from the original provider
Deal on interest rates, bonds, sectors, ETPs and more
Shares Awards
Best CFD provider
2016
ADVFN Awards
Best finance app
2016, 2017
Online Personal Wealth Awards
Best Overall Personal Wealth Provider
2014, 2015, 2016, 2017
It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.
Get fast, reliable execution and the best available prices
Our dealing platform is available on desktop, tablet and mobile
Fully integrated functionality for fast, reliable trading
* Based on number of active UK financial spread betting accounts (Investment Trends UK Leveraged Trading Report October 2016); for CFDs, based on revenue excluding FX (published financial statements, October 2016).
1 Introductory offer. See more details.
2 By number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report October 2016).
|
CFD |
| Underlying market/value | Barclays Plc 281/281.1 |
| Our price | 281/281.1 |
| Deal | Buy at 281 |
| Deal size | 2000 shares |
| Initial margin required | Notional value x margin factor = £5622 x 5% = £281.10 |
| What happens next? | The market rallies and the closing price of Barclays is 292. This level is used to calculate overnight funding. The following day, the market continues to rally. |
| Funding | One day funding = ((One-month LIBOR + admin charges) x Notional value) / 365 = ((0.51% + 2.5%) x £5.840 / 365 = £0.48 |
| Underlying market | 295/295.1 |
| Close | Sell at 295 |
| Gross profit | £278 295 – 281.1 = 13.9p Number of shares = 2000 £0.139 x 2000 = £278 |
| Costs | Commission: £10 to open + £10 to close = £20 This is charged to open and to close. It is calculated ar 0.1% of the notional value of the position, with a minimum charge of £10 To open: Notional value x 0.1% = £5800 x 0.1% = £5.880. The minimum commission is therefore charged. Funding: £0.48 |
| Net profit | £257.52 profit subject to tax |
| What if... | If the underlying market fell to 267/267.1 instead: 267 – 281.1 = -14.1 pence (-£0.141 x 2000) + £20 + £0.48 =£302.48 net loss |
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and 9am to 5pm Saturday.
You can also email us at newaccounts.uk@ig.com
