YOU CANNOT TAKE ADVANTAGE OF ANY CONCURRENT PROMOTIONS, INCENTIVES OR PROMOTIONAL CODES. YOU MUST APPLY THE PROMOTIONAL CODE "MAYDEPOSIT" OR HAVE BEEN CONTACTED DIRECTLY BY IG TO PARTICIPATE IN ORDER TO RECEIVE THIS PROMOTION.
KEY DETAILS
1. These terms and conditions apply to the May 2026 Cashback on Deposit Promotion. By participating in the Promotion, you agree to be bound by these Terms and Conditions as well as the Customer Agreement for your IG account. If any provision of these Terms and Conditions conflicts with any provision of the Customer Agreement, the Customer Agreement shall prevail.
2. The Promotion is organised by IG Trading and Investments Limited, authorised and regulated by the Financial Conduct Authority (register number 944492) and whose registered address is Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA.
3. The promotional period will start at 12:00am UK time on 1 May 2026 and end at 23:59pm on 31 May 2026 ("Promotional Period"). We may extend or shorten the Promotional Period at our sole discretion.
4. Definitions
In these Terms and Conditions:
"Cashback Reward" means the cash credit equal to 2% of your Initial Deposit, up to a maximum of £200, credited to your GIA in accordance with clause 7;
"GIA" means a UK General Investment Share Dealing account with IG;
"Holding Period" means the period from the end of the Promotional Period to 23:59 on 30 September 2026;
"Initial Deposit" means the first cash deposit made into a new Share Dealing Account during the Promotional Period, not including any assets transferred to IG from a third party;
"ISA" means a UK Individual Savings Account with IG;
“Net Investments” means the aggregate value of investment purchases into the Promotion Account (excluding any asset transfers in) during the Promotional Period less the aggregate value of sales of investments from the Promotion Account during the Promotion Period;
"Promotion Account" has the meaning given to it in clause 5 and, for the avoidance of doubt, if more than one Share Dealing Account is opened the Promotion Account will be the one into which the Initial Deposit is made;
"SIPP" means a Self-Invested Personal Pension with IG;
"Share Dealing Account" means a GIA, ISA or SIPP.
“Share Dealing Investments” means the net total investments, not including any assets transferred to IG from a third party, on the Promotion Account.
You must satisfy all of the following conditions to participate in the Promotion:
A. Be a UK resident and aged 18 years or older;
B. During the Promotion Period:
(i) Either:
(a) If you are a new IG client with no previous IG account, open a Share Dealing Account using the promotional code “MAYDEPOSIT”; or
(b) If you are an existing client of IG who has been contacted directly by IG and invited to participate, open a Share Dealing Account if you do not have any existing Share Dealing Accounts;
(ii) Make an Initial Deposit of at least £1,000 into your Share Dealing Account (your “Promotion Account”); and
(iii) Make a Net Investment of at least £1,000 on your Promotion Account; and
C. Maintain Net Investments in your Promotion Account of at least £1,000 for the duration of the Holding Period
Example Scenario 1:
You deposit £10,000 and invest £10,000 before 22:00 on 31 May 2026. You make no further investment or sell your initial investment. You qualify for the promotion, and will receive £200 cashback, which is the maximum cashback based on first deposit.
Example Scenario 2:
You deposit £10,000 and invest £1,000 before 22:00 on 31 May 2026. Your initial £1,000 investment grows to £1,100 and you decide to sell your investment on 20th September 2026, you then use proceeds of sale to reinvest the funds into a new position. Net invested will be calculated as £1,000 - £1,100 + £1,100 = £1,000. You will qualify for the promotion and will receive £200 cashback.
Example Scenario 3:
You deposit £10,000 and invest £1,000 before 22:00 on 31 May 2026. Your initial £1,000 investment grows to £1,100 and you decide to sell your investment on 20th September 2026 and do not reinvest the funds. Net invested will be calculated as £1,000 - £1,100 = - £100. You will not qualify for the promotion as net invested is below £1,000
6. If you are eligible for the Promotion and satisfy the Promotion's conditions, we will credit a cash amount equal to 2% of your Initial Deposit to your GIA (the "Cashback Reward") even if your Promotion Account is an ISA or SIPP. The maximum Cashback Reward is £200, which corresponds to an Initial Deposit of £10,000 or more. Initial Deposits below £1,000 will not qualify for any Cashback Reward.
7. The Cashback Reward will be credited in GBP to your GIA by 31 October 2026. You are only eligible for one Cashback Reward, even if you open multiple Share Dealing Accounts of different types during the Promotional Period.
8. Only your Initial Deposit will be used to calculate the Cashback Reward. Subsequent deposits, transfers of assets from third parties, and any trading gains or losses will not be taken into account in calculating the Cashback Reward.
9. In accordance with the Customer Agreement for your Share Dealing Account, you may be liable for fees and charges in respect of trades you place as part of satisfying the conditions of this Promotion (for example, dealing commissions or foreign exchange fees). You can find our share dealing fees here: https://www.ig.com/uk/investments/share-dealing/costs-fees
10. You may not take advantage of concurrent promotions offered by IG or IG Group. If you participate in multiple promotions, you shall be deemed eligible only for the one you began to participate in first.
11. You must be a direct client of IG. If you have any third-party introduction or introduction-type arrangement with IG or any IG Group, any accounts opened thereunder will not qualify for the Promotion.
12. All accounts are subject to our standard account opening criteria and accounts are available subject to certain jurisdictional restrictions, and as such not all applicants will be successful in their application for an account.
13. If any restrictions apply to your account, your account may not be eligible for the Promotion until the restrictions have been lifted. Any restrictions that apply to a new account will be detailed in the email to the account holder upon account activation.
14. The Promotion is not open to employees of IG or IG Group or employees of any other company engaged in direct competition with IG or any IG Group.
15. The Promotion and any obligations of IG pursuant to it will be revoked or withdrawn from participants who abuse the spirit or intention of it. We reserve the right to cancel or withdraw the Promotion at any time for any reason, including, but not limited to, in case of any suspected abuse of the Promotion. Further, where any of these Terms and Conditions are breached, if we believe that any of the terms of your Customer Agreement with us have been breached in any way, you no longer have an account with IG or there is any reason to suspect a participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to this Promotion, we reserve the right to stop, withhold or cancel payment of the Cashback Reward or to prevent any attempted withdrawal of the Cashback Reward from your account.
16. We are the sole arbiter of the Promotion, these Terms and Conditions and any other issues arising under this Promotion. Exceptions to these Terms and Conditions are at the sole discretion of IG's management, and our decision is final. We reserve the right to alter, amend or terminate the Promotion or any aspect of it (including the Terms and Conditions) at any time and without prior notice.
17. We will not be held liable for any losses incurred by you as a result of your trading or in relation to this Promotion except where such loss is a result of our negligence or wilful misconduct. All trading involves risk. The value of shares, ETFs and ETCs can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Please ensure you fully understand the risks and take care to manage your exposure.
18. We will not be held liable for your inability to satisfy the eligibility requirements of the Promotion or ability to trade as the result of any technical malfunction of the internet, IG's trading platform, or your own computing system. You accept all risks associated with trading over the internet, mobile applications, and downloadable software.
19. Any dispute or situation not covered by these Terms and Conditions will be resolved by IG's management in a manner it deems to be fairest to all concerned and that decision will be final and binding on all parties.
20. If any tax is payable on the Cashback Reward you receive under this Promotion, this tax will be your liability and will not be incurred by us. If the law requires us to withhold this tax and settle with the relevant tax authority on your behalf, then we shall credit the Cashback Reward to your account net of this tax.
21. If at any time all or any part of any provision of these Terms and Conditions are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) will not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Terms and Conditions or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Terms and Conditions.
22. For more information on how IG may use your data, see our Privacy Notice and Access Policy and privacy website at www.ig.com/uk/privacy.
23. These Terms and Conditions will be governed by and construed in accordance with English law and will be subject to the jurisdiction of the courts of England and Wales.