Our charges
CFD account details
It's completely free to open an account with IG. Once you've funded your account and started trading, our main charge on each trade is the spread or a small commission for shares trades.
You choose your price per contract (we offer low minimum contract sizes for new clients), and put down a margin payment. This allows you full exposure to a market with only a fraction of the total capital you'd normally need. Other charges can apply – see our charges and fees for more details.
Take a look at a share trading example, or a more detailed indices trading example.
Account benefits
When you open an IG account you're joining the world's No.1 CFD trading provider*.
All our clients benefit from:
- Tight spreads, low commissions and low margins on over 17,000 markets
- A superior trading platform, available across the web and mobile devices
- Expert charting packages
- Free educational videos and resources
- Friendly, helpful customer support
- Free data, research and analysis tools
- Security of a financially strong, FTSE 250 company, founded in 1974
What you need to know
Like all financial products, CFD trading carries risk. If the market moves against you, you lose money. However, as CFDs are a leveraged product, the risks can be greater – with the possibility of losses exceeding deposits.
With an IG CFD trading account, you can manage your exposure using a range of risk management tools, including stops and automated alerts. We’ll also help you learn the essentials of risk management, and you can practise your strategies using a demo account.
It's also important to read and understand our account information documents before you get started, including the CFD trading customer agreement.
Account essentials
Account charges |
|
|---|---|
| Setup charge | No fee |
| Annual charge | No fee |
| Account closure | No fee |
Trading details |
|
| Markets | Over 16,000 global markets |
| Commission | Yes, on certain markets |
| Overnight funding | Yes, charges apply |
| Tax-free* | No, but exempt from stamp duty |
| Traded in | Shares or contracts |
| Minimum trade size | R25 per trade for first two weeks1 |
| Margin/leverage | From 0.5% for forex, 5% for shares and margin factor for indices |
| Trading by phone | Yes |
| Risk management | Full range of tools available |
Platforms and tools |
|
| Platforms available | All platforms |
| Demo account | Yes |
| Live streaming IG charts | Yes |
| Advanced charting packages | Yes (free to active account holders2) |
| DMA | Yes |
| Technical analysis tools | Yes |
| Economic calendar | Yes |
| Live Reuters news | Yes |
| Free market data | Yes (refundable fees apply for some shares data3) |
Support and education |
|
| 24/7 phone support | Yes |
| Educational videos and guides | Yes |
| In-person seminars | Yes |
| Live webinars | Yes |
| Introductory programme | Yes |
| News and articles from IG experts | Yes |
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Trade seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Trade seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
1 Based on revenue excluding FX (published financial statements, February 2018
2 Introductory offer.
2,3, See more about our charges and fees
Eligibility
Requirements checklist
- You must be over 18
- You must successfully meet our appropriateness assessment (within the application form) to see if CFD trading is appropriate for you – this is a regulatory requirement
- We can open a SA CFD trading account for people from most countries, but it may be more convenient for you to deal with an office closer to home
Information checklist
- It’s important to understand the basics of CFD trading
- Do you understand the risks?
What we ask you
- We need your name and address to establish your identity – this protects against possible fraud
- We ask about your financial trading experience to assess if CFD trading is appropriate for you – this is a regulatory requirement
Peace of mind
- We’ll never contact your employer as part of the application
- Your data is kept securely in line with our privacy policy and the Data Protection Act
- We’ll never ask for a deposit to open an account
You might be interested in...
-
Our charges
We're clear about our charges, so you always know what fees you will incur.
-
Platforms and apps
Browser-based desktop trading and native apps for all devices.
-
Eligibility requirements
Check that you're eligible to open an account with us.
Help and support
Get answers about your account or our services.
Call 010 500 8626
Or ask about opening an account on 010 500 8624 or newaccounts.za@ig.com.
We're here 24hrs a day from 9am Saturday to 11pm Friday.
Contact us
Interested in opening an account?
Contact 010 500 8624 or
Want to check on your application's progress? Email
Clients: Help and support
