Please ensure that any card, PayPal or bank account is in your name when depositing into your IG account, as we’re unable to accept any third-party funding.
You can deposit funds with a credit card, debit card, PayPal account or via a bank transfer.
How to deposit
Funding on desktop
To deposit funds on the desktop, log in to My IG, and click ‘add funds’ next to the account you’d like to deposit into.
Alternatively, you can ‘add funds’ on the web trading platform by using the button on the top right.
Funding on iPhone
Open the app, click on ‘account’ at the bottom right, select the account you wish to deposit into and click ‘add funds’ to choose your preferred payment method.
Funding on Android
Open the app, click on ‘account’ at the bottom right, select the account you wish to deposit into and click ‘add funds’ to choose your preferred payment method.
Our standard FX conversion fee is 0.5% which is added to the best available exchange rate provided from several banks. To add our FX conversion fee, we multiply the underlying exchange rate by 1.005 before converting.
Example
Say you deposit $1,000 from a USD denominated bank account into your spread bet account which has a base currency of sterling, and the GBP/USD exchange rate is 1.3911*.
To add our FX conversion fee, we would multiply the exchange rate by 1.005 resulting in a conversion rate of 1.3981.
After conversion, your account would be credited with $1,000 / 1.3981 = £715.26
To work out the FX conversion fee in sterling:
£715.26 x 0.5% = £3.55
*All the examples are for illustrative purposes only. Please check the costs and charges before trading. Figures may not add up to a given total due to rounding.
Payment methods
Credit or debit card
Please ensure your card details matches the name and address of your IG account. Any successful payments are deposited immediately, and you may have up to 5 active cards on your account at a time.
PayPal
When depositing via PayPal, enter the amount you want to deposit and click ‘confirm’.
This will direct you to the page below. Click the ‘PayPal’ button and you will be directed to the PayPal site to complete the transaction. Once you have deposited the funds, you will be automatically returned to the IG website.
After completing your first transaction, your PayPal account will be linked to IG. You can only have one PayPal account linked to IG at any time.
If you want to use a different PayPal account, please contact us to unlink your current PayPal account.
Bank transfer
Bank transfers can take up to three working days, depending on your bank. You can upload a proof of payment if you’d like to trade with the funds straight away.
Always make sure to put your account ID and full name as a reference of the payment.
You can find your account ID on your My IG dashboard or under ‘account’ on the bottom left of your mobile app.
Bank details
Bank details for payments to spread betting
Please ensure to state your full name and account ID as a reference.
IG Index Limited
Lloyds Bank
39 Threadneedle Street
London EC2R 8AU
BIC (if needed): LOYDGB21013
For deposits in the following currencies:
GBP
Account number: 01870836
IBAN: GB74LOYD30000901870836
Sort code: 30-00-09
USD
Account number: 11306057
IBAN: GB11LOYD30963411306057
Sort code: 30-96-34
EUR
Account number: 86045514
IBAN: GB71LOYD30963486045514
SEPA BIC: LOYDGB2L
Sort code: 30-96-34
Bank details for payments to share dealing or CFD
Please ensure to state your full name and account ID as a reference.
IG Markets Limited
Lloyds Bank
39 Threadneedle Street
London EC2R 8AU
BIC (if needed): LOYDGB21013
For deposits in the following currencies:
GBP
Account number: 02360254
IBAN: GB98LOYD30000902360254
Sort code: 30-00-09
USD
Account number: 11368109
IBAN: GB88LOYD30963411368109
Sort code: 30-96-34
EUR
Account number: 86072139
IBAN: GB63LOYD30963486072139
SEPA BIC: LOYDGB2L
Sort code: 30-96-34
We usually return money via the same card, bank or PayPal account from which we received it and may require more information from you before processing your withdrawal request.
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