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Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en. Important Notice: IG Markets South Africa will no longer provide Trading Accounts. This change does not affect existing International/offshore accounts. New applications will be supported by IG International, part of IG Group, via https://www.ig.com/en.

How is funding on other markets calculated?

Other markets

Size for CFDs means total contract value (number of contracts x value per contract).

Closing price means underlying market price at 10pm (UK time).

If your deal is in GBP

Size × closing price × SONIA +/- 3% ÷ 365

Based on overnight SONIA plus 1 month SONIA adjustment as per ISDA

If your deal is in USD

Size × closing price × SOFR +/–3% ÷ 360

If your deal is in EUR

Size × closing price × ESTR +/–3% ÷ 360

Please note: when trading a non-standard GBP-denominated index CFD, or a mini contract on any asset class, the funding rate is +/-3%

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