How long will it take to open an IG SIPP?

Once you’ve completed your SIPP application, it can take up to five working days for your SIPP to be opened. You’ll receive a confirmation email from IG once your application has been received. When your account is open, you’ll receive a welcome pack in the post from James Hay. 

While your account will be set up as soon as possible, James Hay will need to set up a corresponding bank account and perform other administrative tasks before opening your account.

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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.