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:
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