Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.

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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£100No 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?

CurrencyMinimum withdrawal 
(Card/ApplePay)
Per Transaction
Maximum withdrawal (Card/ApplePay)
Per Day
GBP10020,000
EUR15025,000
AUD20035,000
CAD20035,000
CHF15025,000
USD15049,999
NZD20035,000
SGD20035,000
PLN600n/a
DKK1,000180,000
NOK1,250180,000
SEK1,250200,000
HKD1,250300,000
ZAR2,000200,000
JPY20,000n/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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