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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

US-incorporated share CFDs

IG has an obligation under US tax regulation to obtain documentation from our clients that wish to trade on US-incorporated share CFDs. Please provide us with one of the W-8 forms listed below, or a Form W-9 depending on your circumstances.

What do I need to do?

If you’re not an institutional client, joint account holder or US citizen, and you want to deal on US-incorporated share CFDs from any of your IG accounts, you’ll need to complete a W-8BEN form. Simply do the following:

  1. Log in with your web browser
  2. Go to the ‘settings’ tab in My IG
  3. Select ‘Dealing US stock (W-8Ben)’
  4. Answer a few questions and e-sign the form

This will complete the form electronically, and file it with us. The whole process should only take a minute or two.

Institutional clients, joint account holders and US citizens

You’ll need to complete a specific form from the options below. You can return your completed form to clientlifecycle.ao@ig.com, or to our postal address:

IG Asia Pte Ltd, 9 Battery Road #01-02, MYP Centre, Singapore 049910

Joint account holders that are not US citizens or residents of the US should each complete a Form W-8BEN, and return both to us together.

Individual US citizens or residents of the US should complete and return a Form W-9.

Corporate clients should complete and return ONE of the following forms:

  • Form W-8BEN-E — Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities);
  • Form W-8ECI — Certificate of Foreign Person's Claim That Income Is Effectively Connected With the Conduct of a Trade or Business in the United States;
  • Form W-8EXP — Certificate of Foreign Government or Other Foreign Organization for United States Tax Withholding and Reporting;
  • Form W-8IMY — Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S. Branches for United States Tax Withholding and Reporting; or
  • Form W-9 — Request for Taxpayer Identification Number and Certification

Form W-8BEN-E: Those corporate clients that are (i) resident in a country with which the US has a double taxation treaty and (ii) are making a claim under that treaty should be aware of the treaty’s Limitation on Benefits provisions and the terms within those provisions. For more information, please visit the IRS website.

We may charge a $50 fee on accounts which have not supplied a mandatory W-8BEN or W-9 form prior to the dividend ex-date of a qualifying trade on a US-incorporated share CFDs. We do not apply this fee to accounts with up-to-date documentation or accounts which have not entered into qualifying trades. We will notify you if you have entered into a qualifying trade and need to complete a form.

Contact us

Support line is available 24hrs a day from 8am GMT Saturday to 10pm GMT Friday

+65 6390 5118

You can also email us helpdesk@ig.com.sg