IG Charges

We are clear about our charges, so you always know what fees you will incur when you trade with us

Spreads, commissions and margins

You pay a spread on every spread bet or non-share CFD. You pay commission on every share CFD and share dealing trade.

Spread betting

Indices

Market name Minimum bet Available spread Margin factor
FTSE 100 DFB
24 hours
£1 1 0.5%
Wall Street DFB
24 hours
£1 1.8 0.5%
Germany 30 DFB
24 hours
£1 1 0.5%
Australia 200 DFB
24 hours
£2 1 0.5%

Shares

Share category DFBs Near quarter Far quarter Very far quarter 
FTSE 100 shares 0.10% 0.20% 0.40% 0.60%
Major US shares 0.10% 0.35% 0.45% 0.60%
Major European shares 0.10% 0.35% 0.45% 0.60%

With share spread bets, we offer permanently low spreads on thousands of shares, given as a percentage of the underlying market value. We subtract the spread from the market value to get a Sell price, and we add it to the market value to get a Buy price

Forex

Market name Min
bet 
Min spread Ave spread* Margin required
Spot EUR/USD £1 0.6 0.75 0.5%
Spot AUD/USD £1 0.6 0.75 0.5%
Spot EUR/GBP £1 0.9 1.17 1%
Spot GBP/USD £1 0.9 1.34 1%

Commodities

Market name Minimum bet  Spread Margin factor
Spot Gold £5 0.3 0.7%
Spot Silver £3 2.5 1%
Oil – US Crude £2 3 1%
Oil – Brent Crude £1 3 1%

CFD trading

Indices

Market name Value of one contract Available spread Margin per contract
FTSE 100
24 hours
£10 1 0.5%
Wall Street
24 hours
$10 1.8 0.5%
Germany 30
24 hours
€25 1 0.5%
Australia 200
24 hours
AUD25 1 0.5%

Shares

Share category Commission
per side
Min charge
(online)
Min charge
(phone)
UK 0.10% £10 £15
US 2 cents per share $15 $25
Euro1 0.10% €10 €25

With share CFDs you deal at the real market price, so we don’t attach our own spread. Instead, we take a small commission when you open the position, and again when you close it. In each instance, a minimum charge applies.

Forex

Market name Value
per point
Min spread Ave spread* Margin req
Spot EUR/USD $10 0.6 0.75 0.5%
Spot AUD/USD $10 0.6 0.75 0.5%
Spot EUR/GBP £10 0.9 1.17 1%
Spot GBP/USD $10 0.9 1.34 1%

Commodities

Market name Value of one contract Spread Margin per contract
Spot Gold $100 0.3 0.7%
Spot Silver $50 2.5 1%
Oil – US Crude $10 3 1%
Oil – Brent Crude $10 3 1%

Share dealing

Spread betting and CFD traders

If you have placed at least one spread bet or CFD trade on any market in the previous calendar month, you will automatically qualify for our lowest commission rate for UK shares.

Trading activity in previous month Commission per trade (UK shares only)
1 or more spread bets or CFD trades £5

Share dealing only traders

If you’ve not placed at least one spread bet or CFD trade in the previous month, you’ll still qualify for our lowest commission rate on UK stocks if you’ve placed ten or more share dealing trades in the previous month.

Number of trades
(in previous month)
Commission per trade (UK shares only)
10+ trades £5
0-9 trades £8

International shares

For all other shares, we charge the following:

Region Commission per trade Minimum charge online Minimum charge phone
UK £5 – £8 (as above) £40
Ireland 0.1% €10 €50
US 2 cents per share $15 $50
Germany 0.1% €10 €50
Netherlands 0.1% €10 €50

Funding and interest

Funding and interest charges apply to CFD trades and spread bets only.

DFBs and cash CFDs

If you keep a Daily Funded Bet (DFB) or Cash CFD position open overnight (after 10pm UK time) we will make an interest adjustment to your account, to reflect the cost of funding your position. The interest adjustment is based on 1-month interbank funding rates (eg. LIBOR). We debit your account if your position is long, and credit your account for a short position – if the interbank funding rate is greater than 2.5%.*

For nearly all our markets, this is calculated in the same way for both spread bets and CFDs. For forex, the funding cost is calculated differently. See the table below.

Daily funded bets and cash CFDs

Long positions Short positions Forex positions
We charge 2.5%* above the relevant interbank rate.

Eg. If the relevant interbank 1-month rate is 0.5%, you would be charged 3.00% (annualised).

You receive the relevant interbank rate, minus 2.5%*.

If the interbank rate is greater than 2.5%,* we credit your account; if the interbank rate is less than 2.5%,* your account is debited.

Eg. If the relevant interbank 1-month rate is 0.5%, you would be charged 2.00% (annualised).

For forex positions, we charge funding based on the current tom-next rate.

Tom-next shows, in points, the difference between the interest paid to borrow the currency that is being notionally sold, and the interest received from holding the currency.

*3% on mini and micro CFD contracts

Futures and forwards

For fixed-expiry deals on stock indices and commodities we offer futures for spread betting and CFDs. For fixed-expiry shares and forex, we offer forwards for spread betting. We build the overnight funding charges into the spread, so that everything is included, for futures and forwards. This makes it easier to identify your break-even level on your deal.

Non-share markets

Stock index Futures spread Forex pair Forward spread Commodity Futures spread
FTSE 100 4 EUR/USD 10 Spot gold 0.6
Wall Street 6 GBP/USD 9 Spot silver 3
Germany 30 6 AUD/USD 10 Light Cruide oil 6
More indices More forex pairs More commodities

Share markets

We offer forward spread bets on shares, for the upcoming three quarters.

Market Quarterly bets (near) Quarterly bets (far) Quarterly bets (very far)
FTSE 100 shares 0.20% 0.40% 0.60%
Other UK shares 0.40% 0.45% 0.60%
Major US shares 0.35% 0.45% 0.60%
Other US shares 0.35% 0.45% 0.60%
Euro shares 0.35% 0.45% 0.60%
Other euro shares 0.35% 0.45% 0.60%
More shares

Understanding margin

Margin trading gives you full exposure to a market using only a fraction of the capital you’d normally need. It is the amount of money you need to open a position, defined by the margin rate.

Margin with IG

At IG, our margins are among the lowest in the industry. We can offer even lower rates for the majority of positions thanks to our tiered margin system.

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