Power of attorney definition

Power of attorney gives another person the ability to act on your behalf. In trading, this means they can take over your trading accounts.

Full power of attorney is mainly used in the event that you are incapacitated in some way and need someone else to take over your complete financial affairs.

Limited power of attorney is used by portfolio managers and brokers to perform certain actions on their client's behalf. Those actions can include making trades, authorising payments and withdrawals, and acting as a proxy on some documentation.

With IG

If you want someone to deal on your behalf on your IG account, fill out a power of attorney form. Fully regulated investment brokers can have complete power of attorney over your account, while other individuals can have limited access.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.