Spread Betting and CFD trading carry a high level of risk to your capital; you should ensure you understand the risks involved. Please read the full risk warning.
You will have access to permanently low spreads across all the markets, including stock indices, forex, shares, commodities and options.
Additional information about the products and dealing spreads can be found under Online Market Information.
The range of extremely competitive spreads includes:
- 1-point Daily FTSE
- 2-point Daily Wall Street
- From just 1-point on major European indices
Spreads on major and exotic currencies:
- EUR/USD and USD/JPY from 1-pip
- GBP/USD and EUR/GBP from 2-pips
- The shares spreads are permanently low and include:
- 0.1% per side: daily bets
- 0.2% per side: near quarter bets
- 0.4% per side: far quarter bets
Tight spreads on Daily and Futures contracts:
- Spot Gold: 0.5 points
- Brent Crude (UK): 5 points
- Crude Oil, Light (US): 5 points
No Hidden Charges
We are occasionally asked if there are any hidden charges clients may incur. IG Index make money from Spread Betting in the following ways:
A spread is charged on all the markets offered. The FTSE spreads, for instance, begin at just two points and oil spreads start at just five points. The spreads start at just 0.1% per side for major shares.
For most markets, funding charges are built into the price on which you deal (for example, index futures). No subsequent funding adjustments are necessary.
For Daily funded bets a cash adjustment is made to your account to reflect the funding costs of your position for each day the bet remains open.
The rate at which funding is applied is one-month LIBOR +/- 2.5%.
For spot currency bets, an overnight funding adjustment (where rolled) is made to reflect the interest differential between the two currencies. The market 'tom/next' spread is the basis for this adjustment and there is a charge of 0.0055% of the closing price. Weekend rollovers incur three days of 'tom/next' spread but only one IG Index charge.
If you have opted for daily currency conversion, any multi-currency balances in your account will automatically be converted to your base currency at the end of each trading day. Conversions are made at a rate not worse than 0.5% from the mid-price.
No administration charges
There are no administration charges such as margin call fees, audit fees for disputes, or platform fees for Spread Betting. You do not have to pay a commission when you open or close your bet.
Please note that Spread Betting is tax-free, so all your profits are free from UK capital gains tax. Please remember that tax laws can be changed or may differ depending on your personal circumstances.
Fees passed on
- A 1.5% administration fee for credit (not debit) card payments.
- Telegraphic transfers are charged at £15