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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.

What’s the minimum and maximum amount I can deposit?

Note that domestic accounts can only be funded in ZAR and international accounts in a foreign currency (eg GBP, USD or EUR).

South African residents over the age of 18 are allowed to transfer funds offshore within the following annual thresholds:

  • Full single discretionary allowance of up to R1 million per year

  • Foreign investment allowance of up to R10 million per year

Bank transfer deposits:

There are no minimum or maximum deposit amounts for bank transfers, save for the above allowances. Note that it can take one to three business days for your funds to reflect in your account.

If you want to pre-credit your account urgently after a bank transfer (eg when you’ve received a margin call) you can upload proof of payment.

 

Minimum deposit
(per transaction)

Maximum deposit
(per day, resets at midnight BST)

 

Cards

Debit cards

Credit cards

ZAR

200

1,200,000

300,000

GBP

10

99,999

30,000

EUR

10

99,999

40,000

AUD

100

99,999

50,000

USD

50

99,999

50,000

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