It's completely free to open an account with IG. Once you've funded your account and started trading, our main charge on each trade is the spread or a small commission for shares trades.
You choose your price per contract (we offer low minimum contract sizes for new clients), and put down a margin payment. This allows you full exposure to a market with only a fraction of the total capital you'd normally need. Other charges can apply – see our charges and fees for more details.
When you open an IG account you're joining the world's No.1 CFD trading provider*.
All our clients benefit from:
What you need to know
Like all financial products, CFD trading carries risk. If the market moves against you, you lose money. However, as CFDs are a leveraged product, the risks can be greater – with the possibility of losses exceeding deposits.
With an IG CFD trading account, you can manage your exposure using a range of risk management tools, including stops and automated alerts. We’ll also help you learn the essentials of risk management, and you can practise your strategies using a demo account.
It's also important to read and understand our account information documents before you get started, including the CFD trading customer agreement (PDF).
|Setup charge||No fee|
|Annual charge||No fee|
|Inactivity fee||R150 fee on the first of every month, if no dealing activity has occurred for two years or more|
|Account closure||No fee|
|Markets||Over 16,000 global markets|
|Commission||Yes, on certain markets|
|Overnight funding||Yes, charges apply|
|Tax-free*||No, but exempt from stamp duty|
|Traded in||Shares or contracts|
|Minimum trade size||R25 per trade for first two weeks1|
|Margin/leverage||From 0.5% for forex, 5% for shares and margin factor for indices|
|Trading by phone||Yes|
|Risk management||Full range of tools available|
Platforms and tools
|Platforms available||All platforms|
|Live streaming IG charts||Yes|
|Advanced charting packages||Yes (free to active account holders2)|
|Technical analysis tools||Yes|
|Live Reuters news||Yes|
|Free market data||Yes (refundable fees apply for some shares data3)|
Support and education
|24/7 phone support||Yes|
|Educational videos and guides||Yes|
|News and articles from IG experts||
What we ask you
Peace of mind
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 CFDs with this provider.You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.