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What is the minimum and maximum amount I can withdraw?

What is the minimum and maximum amount I can withdraw?

What are the minimum and maximum withdrawal limits?

Withdrawal Method

Minimum Amount

Maximum Amount

Card/ApplePay

£100

£20,000 per day
(Maximum limit resets at midnight UK time)

Bank transfer

£100

No limit

Note: If your account balance is less than £100 and you have no open positions/working orders, you may withdraw any available amount.

How long will my withdrawal take to process?

After the settlement period, you can request a withdrawal. The following withdrawal processing times will apply:

  • Card/ApplePay: Withdrawals requested Monday to Friday (before 8pm) are processed the same day, however it can take up to 5 working days to receive the funds depending on your bank.

  • Bank transfer:

    • Bank withdrawals requested before 12 o'clock (UK time) on a working day should be processed the same day.

    • Domestic withdrawals less than 100 GBP are processed as BACS which can take up to 3 working days.

    • Domestic withdrawals greater than 100 GBP are processed as Faster Payments and should arrive the same day.

    • Currency and international withdrawals may take up to 3 working days or longer, depending on the receiving bank.

Are there any fees for withdrawals in other currencies?

Withdrawals requiring a currency conversion at the prevailing spot rate will be subject to a conversion charge based on the type of account.

Account Type

Currency Conversion Charge

Non-leveraged accounts

0.5%

Leveraged accounts

0.8%

Note: Currency conversion requests are processed manually and may take longer to reflect on your IG account.


What are the withdrawal limits for different currencies?

Currency

Minimum withdrawal
(Card/ApplePay)

Per Transaction

Maximum withdrawal (Card/ApplePay)

Per Day

GBP

100

20,000

EUR

150

25,000

AUD

200

35,000

CAD

200

35,000

CHF

150

25,000

USD

150

49,999

NZD

200

35,000

SGD

200

35,000

PLN

600

n/a

DKK

1,000

180,000

NOK

1,250

180,000

SEK

1,250

200,000

HKD

1,250

300,000

ZAR

2,000

200,000

JPY

20,000

n/a

Note:

  • If your account balance is less than the stated minimum, you may still withdraw your entire available balance.

  • Maximum withdrawal limits for card payments reset at midnight UK time.

  • There are no maximum limits for bank transfers.

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