Margin rates

Our tiered margining system means we can offer rates that remain competitive while reflecting the size of your position and associated liquidity of the market.

Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening a trading account. We’re here 24 hours a day, from 8am Saturday to 10pm Friday.

Contact us: 0800 195 3100

What is margin?

Spread betting and CFDs are leveraged products, meaning you don’t have to pay the full value of your exposure to deal. Instead, you only need to put up a fraction of your trade’s total value to open your position. This opening amount is called initial margin – it is also sometimes referred to as deposit margin.

Our margin rates

At IG, we offer tiered margining, applying different margin requirements at different levels of exposure. Smaller deal sizes generally benefit from better market liquidity, so these positions attract our lowest margin rates. Our tiers start at one, with the lowest margin rates, and go up to four, with the highest margin rates.

You can see a summary of tier one margins for some of our most popular markets below. For all tier one margins, you can reduce your margin requirement by using stops. Adding a stop reduces your exposure by limiting your potential losses.

  • Indices
  • Forex
  • Commodities
  • Shares
  • Cryptos

Spread betting

Stock index Retail Leverage equivalent Professional1 Leverage equivalent
FTSE 100 5% 1:20 0.45% 1:222
Wall Street 5% 1:20 0.45% 1:222
Germany 30 5% 1:20 0.45% 1:222
US 500 5% 1:20 0.45% 1:222
US Tech 100 5% 1:20 0.45% 1:222

CFDs

Stock index Retail Leverage equivalent Professional2 Leverage equivalent
FTSE 100 5% 1:20 0.45% 1:222
Wall Street 5% 1:20 0.45% 1:222
Germany 30 5% 1:20 0.45% 1:222
US 500 5% 1:20 0.45% 1:222
US Tech 100 5% 1:20 0.45% 1:222

1 Margin factor is the variable used to multiply your bet size, to define your margin requirement.
2 Margin per contract

Spread betting

Forex Retail Leverage equivalent Professional Leverage equivalent
EUR/USD 3.33% 1:30 0.45% 1:222
GBP/USD 3.33% 1:30 0.9% 1:111
AUD/USD 5% 1:20 0.45% 1:222
EUR/JPY 3.33% 1:30 0.45% 1:222
USD/CHF 3.33% 1:30 1.35% 1:74

CFDs

Forex Retail Leverage equivalent Professional Leverage equivalent
EUR/USD 3.33% 1:30 0.45% 1:222
GBP/USD 3.33% 1:30 0.9% 1:111
AUD/USD 5% 1:20 0.45% 1:222
EUR/JPY 3.33% 1:30 0.45% 1:222
USD/CHF 3.33% 1:30 1.35% 1:74

Spread betting

Commodities Retail Leverage equivalent Professional1 Leverage equivalent
Spot Gold 5% 1:20 0.45% 1:222
Spot Silver (5000oz) 10% 1:10 1.80% 1:55
High Grade Copper 10% 1:10 1.80% 1:55
Oil - US Crude 10% 1:10 1.35% 1:74
Oil - Brent Crude 10% 1:10 1.35% 1:74

CFDs

Commodities Retail Leverage equivalent Professional2 Leverage equivalent
Spot Gold 5% 1:20 0.45% 1:222
Spot Silver (5000oz) 10% 1:10 1.80% 1:55
High Grade Copper 10% 1:10 1.80% 1:55
Oil - US Crude 10% 1:10 1.35% 1:74
Oil - Brent Crude 10% 1:10 1.35% 1:74

1 Margin factor is the variable used to multiply your bet size, to define your margin requirement.
2 Margin per contract

Spread betting

Shares Retail Leverage equivalent Professional Leverage equivalent
Apple 20% 1:5 4.5% 1:22
Barclays PLC 20% 1:5 4.5% 1:22
BHP Billiton PLC (LSE) 20% 1:5 4.5% 1:22
GlaxoSmithKline PLC 20% 1:5 4.5% 1:22
Vodafone Group PLC 20% 1:5 4.5% 1:22

CFDs

Shares Retail Leverage equivalent Professional Leverage equivalent
Apple 20% 1:5 4.5% 1:22
Barclays PLC 20% 1:5 4.5% 1:22
BHP Billiton PLC (LSE) 20% 1:5 4.5% 1:22
GlaxoSmithKline PLC 20% 1:5 4.5% 1:22
Vodafone Group PLC 20% 1:5 4.5% 1:22

Spread betting

Cryptocurrencies Retail Leverage equivalent Professional Leverage equivalent
Bitcoin (USD) 50% 1:2 4.5% 1:22
Ether (USD) 50% 1:2 4.5% 1:22
Ripple (USD) 50% 1:2 4.5% 1:22
Bitcoin Cash (USD) 50% 1:2 9% 1:11
Litecoin (USD) 50% 1:2 9% 1:11

CFDs

Cryptocurrencies Retail Leverage equivalent Professional Leverage equivalent
Bitcoin (USD) 50% 1:2 4.5% 1:22
Ether (USD) 50% 1:2 4.5% 1:22
Ripple (USD) 50% 1:2 4.5% 1:22
Bitcoin Cash (USD) 50% 1:2 9% 1:11
Litecoin (USD) 50% 1:2 9% 1:11

Find our margin rates for all markets here

Open an IG account in minutes

Set up an IG account quickly and easily, in just three steps.

Fill out the form

We’ll ask you about your trading experience.

Get fast verification

Our online system normally verifies your identity in seconds.

Fund and trade

Start trading on your new IG account.

Margin for professionals

Professional clients are exempt from regulatory limits on leverage that are in place for retail clients. If you qualify as a professional client, you won’t have to commit as much of your capital to the initial margin deposit as a retail client would.

For example, if a retail client wanted to take a position on the FTSE 100, a margin of 5% would be required. A professional client, on the other hand, would only need to put down a margin of 0.45%.

You can find out more, and check if you are eligible for professional status, on our professional trading page.

Maintenance margin

Maintenance margin, also known as variation margin, is extra money that we might need to request if the market moves against you. It ensures that you have enough money in your account to fund the present value of the position – covering any running losses.

Maintenance margin is charged via a margin call, which is a status applied to your account when it has fallen below the minimum required to keep a position open. We will notify you of this by email.

Find out more about margin calls and how they work

You might be interested in…

Learn about the risks associated with trading, and how you can manage them.

We are transparent about charges, so you always know what fees you will incur.

All retail client funds are held in segregated bank accounts, in line with FCA rules.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.