How do I change my base currency and currency conversion settings?
By default, spread betting and CFD accounts have GBP as a base-currency and are set to ‘instant’ conversion – both of which can be changed. You can change the base currency from GBP to a foreign currency, as well as from ‘instant’ currency conversion to ‘daily’. If ‘daily’ is selected, currency conversions will processed at the end of the day – usually 10pm (UK time).
To change your spread betting or CFD account’s base currency, make sure you have no open positions and send an email to helpdesk.uk@ig.com from your registered email address including the following:
- The 5 digit spread betting or CFD account number you wish to change
- The base currency you wish to change to
- Details of any funds needing conversion
- Your full name and date of birth
- Your registered postal address
- Your phone number
- The balance on your IG account
- The market you last traded
- The last four digits of your registered card(s)
To view and change your currency conversion settings for spread betting and CFD accounts, you can follow the steps below:
- Using a web browser, log in to your My IG dashboard
- Select ‘live accounts’
- Choose the relevant spread bet or CFD account from the drop down menu
- Select ‘currency conversion’
- Change your settings as you wish
