Terms & Conditions

1. These terms and conditions (“Terms and Conditions”) apply to the Share Dealing Profit Doubling Promotion (“Promotion”). By participating in the Promotion, you agree to be bound by these Terms and Conditions as well as the Customer Agreement for your IG account. If any provision of these Terms and Conditions conflict with any provision of the Customer Agreement, the Customer Agreement shall prevail.
2. The Promotion is organised by IG Trading and Investments Limited, authorised and regulated by the Financial Conduct Authority (register number 944492) and whose registered address is Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA (“we”, “us”, “IG” or “our”).
3. The Promotion period commences at 9:00am UK time on 28 October 2024 and concludes at 9:00am UK time on 17 November 2024 (the “Promotion Period”). IG may elect to extend the Promotion Period in its sole discretion.
4. Definitions
   In these Terms and Conditions:
   “GIA” means a UK General Investment share dealing account with IG;
   “ISA Account” means a UK ISA share dealing account with IG; and
   “Share Dealing Account” means either or both of a GIA and an ISA.
5. This Promotion applies to new and existing clients of IG who open or have a GIA and place a first trade on a Share Dealing Account and who also fulfil the additional criteria set out below. For the avoidance of doubt, participants under this Promotion may hold either a GIA or a GIA and an ISA Account but may not hold only an ISA Account.
6. To be eligible for the Promotion:
   a. you must be an individual and resident in the UK;
   b. you must either:
   (i) open a new Share Dealing Account during the Promotion Period and include the Code “2XPROFIT” in the promo code field when applying for the new Share Dealing Account; or
   (ii) have an existing Share Dealing Account on which you have not previously traded as at the start of the Promotion Period and have clicked on the relevant link in the email you received directly from us inviting you to participate in the Promotion; and
   c. you must have placed a first trade on a Share Dealing Account during the Promotion Period (a “First Trade”); and
   d. your GIA and, if your First Trade was placed on it, your ISA Account must still be open at the end of the Promotion Period.
7. If you place a first trade on more than one Share Dealing Account, only the earliest in time to be placed will be considered the First Trade for the purposes of this Promotion.
8. If your First Trade makes a profit IG will pay you a bonus amount equal to the amount of that profit, subject to a maximum cap of £250 (the “Bonus”). We will not deduct any costs and expenses related to your First Trade when calculating the amount of any Bonus.
   
   For example, if your First Trade makes a £10 profit, your Bonus will be an additional £10. If your First Trade makes £300 profit, your Bonus will be £250.
9. You must be a direct client of IG. If you have any introduction or introduction-type arrangement with IG or any IG group company, any accounts opened thereunder will not qualify for the Promotion.
10. If your First Trade has not been closed at the end of the Promotion Period we will use the value of your First Trade as at 9:00am UK time on 17 November 2024 as the basis for determining any profit that may trigger a Bonus. The deemed profit figure we allocate at this time is theoretical and purely for the purposes of calculating any Bonus. Actual profit realised at the time of closing your First Trade may be different. IG will not adjust the amount of any Bonus awarded to you, either up or down, to reflect actual realised profit.
11. Any foreign exchange conversions necessary to calculate the profit, deemed profit or Bonus amounts will be converted at a spot rate as determined by IG.
12. You will receive an email from us after the end of the Promotion Period informing you of the amount of any Bonus due to you under this Promotion.
13. Any Bonus payable will be paid into your GIA account within 30 days of the end of the Promotion Period. Bonuses will not be paid into any ISA Account. Only one Bonus will be awarded per Client as only one First Trade can trigger a Bonus. For the avoidance of doubt, you are not precluded from holding more than one account with any IG Company but additional accounts are not eligible for a Bonus.
14. All accounts are subject to our standard account opening criteria and accounts are available subject to certain jurisdictional restrictions, and as such not all applicants will be successful in their application for an account.
15. If any restrictions apply to your account, your account may not be eligible for the Promotion until the restrictions have been lifted. Any restrictions that apply to a new account will be detailed in the email to the account holder upon account activation.
16. The Promotion is not open to employees of IG or any IG group company or employees of any other company engaged in direct competition with IG or any IG group company.
17. The Promotion and any obligations of IG pursuant to it will be revoked or withdrawn from participants who abuse the spirit or intention of it. We reserve the right to cancel or withdraw the Promotion at any time in case of any suspected abuse of the Promotion. Further, where any of these Terms and Conditions are breached, if we believe that any of the terms of your Customer Agreement with us have been breached in any way, you no longer have an account with IG or there is any reason to suspect a participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to this Promotion, we reserve the right to stop, withhold or cancel payment of the Bonus or to prevent any attempted withdrawal of the Bonus from your account.
18. To the extent a Bonus has been paid to you and we suspect any of these Terms and Conditions have been breached or you have acted fraudulently or obtained an unfair or unintended advantage pursuant to this Promotion, you agree that we will be entitled to deduct an amount equivalent to the Bonus from any IG trading account that you hold with us.
19. We are the sole arbiter of the Promotion, these Terms and Conditions and any other issues arising under this Promotion. Exceptions to these Terms and Conditions are at the sole discretion of IG’s management, and our decision is final. We reserve the right to alter, amend or terminate the Promotion or any aspect of it (including the Terms and Conditions) at any time and without prior notice.
20. All trading involves risk.
    We will not be held liable for any losses incurred by you as a result of your trading or in relation to this Promotion except where such loss is a result of our negligence or wilful misconduct. All trading involves risk. The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Please ensure you fully understand the risks and take care to manage your exposure.
21. We will not be held liable for your inability to satisfy the eligibility requirements of the Promotion or ability to trade as the result of any technical malfunction of the internet, IG’s trading platform, or your own computing system. You accept all risks associated with trading over the internet, mobile applications, and downloadable software.
22. Any dispute or situation not covered by these Terms and Conditions, will be resolved by IG’s management in a manner it deems to be fairest to all concerned and that decision will be final and binding on all parties.
23. If at any time all or any part of any provision of these Terms and Conditions are or become illegal, invalid or unenforceable in any respect under the law of any jurisdiction, such provision(s) will not affect or impair the legality, validity or enforceability in that jurisdiction of the remainder of that provision or all other provisions of these Terms and Conditions or the legality, validity or enforceability under the law of any other jurisdiction of that provision or all other provisions of these Terms and Conditions.
24. If any tax is payable on the Bonus paid by us to you pursuant to the Terms and Conditions, this tax will be your liability and will not be incurred by us. If the law requires us to withhold this tax and settle with the relevant tax authority on your behalf, then we shall credit your Bonus to your account net of this tax.
25. For more information on how IG may use your data, see our Privacy Notice and Access Policy and privacy website at www.ig.com/uk/privacy.
26. These Terms and Conditions will be governed by and construed in accordance with English law and will be subject to the jurisdiction of the courts of England and Wales