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.
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.

Interest rates trading

Take a position on the future short-term (quarterly) direction of
a range of global interest rates.

When might you trade on interest rates?

  • To back your judgement on future changes in short-term interest rates
  • To hedge against other investments affected by interest rates, such as mortgage repayments

Benefits

  • Choose from a broad selection of global money markets

Product details

With interest rate spread bets, the price of the contract is 100 minus the interest rate in each case, eg a 95 means an interest rate of 5%.

With interest rate CFDs, underlying futures determine our interest rate markets. Our interest rates futures contracts mini versions cost 20% of the main contract size and margin requirement.

Our interest rates markets are based on underlying futures. We offer mini versions of interest rate futures contracts at 20% of the main contract size and margin requirement.

Spread betting
spread

Normal CFD
contract spread

Australian 30-Day Interbank Rate 1 1
Euribor (3-month) 1 1
Eurodollar (3-month) 1.6 1.6


See full details for all our interest rates in our help area:

Why spread bet?

  • Use leverage for a decreased initial outlay
  • Deal on rising and falling markets
  • Profit without paying tax or stamp duty*
  • Trade a huge range of markets
  • Hedge a share portfolio
  • Access out-of-hours trading
  • Trade without paying commission

Note that spread betting also involves high risk – make sure you’re taking steps to manage your exposure.

Learn more about the features of spread bets here

Why trade CFDs?

  • Use leverage for a decreased initial outlay
  • Deal on rising and falling markets
  • Profit without paying stamp duty*
  • Trade a huge range of markets
  • Use prices based on the underlying market
  • Offset losses against profits as a tax deduction*
  • Get a corporate trading account
  • Use DMA for shares trading, while getting our OTC benefits

Note that CFD trading also involves high risk – make sure you’re taking steps to manage your exposure.

Learn more about the features of CFDs here

* Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.

Spread bets and CFDs risks

All trading activity is risky, so it is always important to manage your risk accordingly.

Spread bets and CFDs are leveraged derivatives. Trading using leverage means that you only have to commit a deposit – known as margin – to take your position. While margin decreases your initial outlay, it also amplifies your possible profits and losses to the full value of your trade.

Learn more about the impact of leverage on your trading

Other risks of spread betting and CFD trading include sudden or losses that are larger than expected and slippage. These can both occur as a result of volatility.

It is important that you consider all risk involved before taking any position.

Discover how you can manage your risk

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Fast execution on a huge range of markets

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 years of experience, we’re proud to offer a truly market-leading service

Feel secure with a trusted provider

With 45 years of experience, we’re proud to offer a truly market-leading service

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  • Execution and pricing

    Our technology is engineered for speed, stability and better prices

  • Low margins

    Our margins are among the lowest in the CFD and spread betting industry

  • Learn about IG

    See how we've been changing the face of trading for more than 40 years

Help and support

Get answers about your account or our services.

Get answers

Interested in opening an account with us? Call 0800 195 3100 or send an email to newaccountenquiries.uk@ig.com.

We’re available from 8am to 6pm (UK time), Monday to Friday

Want to check on your application’s progress? Email us at newaccounts.uk@ig.com.