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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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Established in 1974 313,300+ clients worldwide 17,000+ markets

How to apply

Get started – simply apply for an account, fund and start trading.

Fill in the form

It's quick and easy and takes less than three minutes to complete

 

Send documents

We will validate your identity, as well as assess your knowledge and/or prior experience in trading CFDs.

Place your trade

Fund your account and use our tools to spot an opportunity, then place your trade.

Before you apply

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 also open a South African CFD trading account for people from most countries, but it may be more convenient for you to trade with an office closer to home.

Information checklist

  • It’s important to understand the basics of CFD trading
  • Do you understand the risks?
  • Have you read the following important information:

Full terms and agreements

Apply now

What happens next?

After you apply:

  • If your application is successful, we send you an email with your login details to access the platform. 

Setting up your account:

  • Your account manager will call to talk you through the platform and help you place your first trade.
  • You’ll need to fund your account to start trading. It’s easiest to fund via bank transfer
  • Learn more about how to use the platform and improve your trading skills, including video guides, tips and walkthroughs
  • Set your preferences within the platform – advanced traders can choose to activate ProRealTime charts, one-click trading and more

Safe, secure online process

Fully regulated and authorised

Short, easy-to-use online form

FAQs

How long does the application process take?

If you have the right supporting documents we can open your trading account in a day.

Do you offer a demo account or platform?

Yes, you can try our interactive platform preview or open a demo account.

Do I need to download any software?

Our main platform is browser-based, so you don’t have to download anything. If you want to use our mobile or tablet apps, you will need to download them from the relevant app stores. Clients using the advanced L2 Dealer platform will also need to download software.

Can I apply by post?

Yes. Download and fill out the relevant PDF form:

Once complete, send via one of the following methods (remembering to enclose the supporting documents as described on the form itself):

Email: docs.za@ig.com
Fax: 011 467 8501
Post:

New Accounts
IG South Africa
The Marc, Tower 2, 129 Rivonia Road
Sandton
2196

Do I need to send any documents?

To open your account quickly, we need three supporting documents as required by FICA. Visit our Supporting Documents page for all the details or contact our sales team on 010 344 0052.

Do I need to deposit funds to open an account?

No, you don't need to send any money to open your account, though you will have to deposit funds before you start trading.

How do I deposit funds?

You can fund your account via bank transfer. You’ll need to log in to your account and go to the My Account tab within the web-based trading platform. See more details on how to make a payment.

I’d like someone to trade on my behalf; can I appoint a power of attorney to trade for me?

Yes. Initially, please open an account in the usual way. Once your account is open, you can fill in a power of attorney form which will allow a nominated third party to access your account.

How secure is IG/your platform?

IG is a global FTSE 250 company, we are regulated by the FSCA locally and in the UK we are regulated by the FCA. We segregate client funds to protect your money and our platforms use industry-standard 256-bit SSL encryption – the same as PayPal or high street banks.

* Based on revenue (published financial statements, October 2022)

Help and support

Get answers about your account or our services.

Get answers

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.

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Interested in opening an account?

Contact 010 500 8624 or

newaccounts.za@ig.com

Want to check on your application's progress? Email

newaccounts.za@ig.com

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Clients can lose more than they deposit. All trading involves risk.

IG is a trading name of IG Markets Ltd and IG Markets South Africa Limited. International accounts are offered by IG Markets Limited in the UK (FCA Number 195355), a juristic representative of IG Markets South Africa Limited (FSP No 41393). South African residents are required to obtain the necessary tax clearance certificates in order to utilise their foreign investment allowance should the South African resident wish to open an offshore account with IG Markets Limited.

IG provides execution only services and enters into principal to principal transactions with its clients on IG’s prices. Such trades are not on exchange. IG Markets South Africa Limited is an authorised financial services provider (FSP No 41393). Whilst IG Markets South Africa Limited is a regulated FSP, CFDs issued by IG are not regulated by the FAIS Act as they are undertaken on a principal-to-principal basis.

IG Markets South Africa Limited is an authorised over-the-counter derivative provider and is regulated by the Financial Sector Conduct Authority.

The information on this site is not directed at residents of the United States or Belgium or any particular country outside South Africa and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Voted SA’s top CFD provider in Business Day Investors Monthly Annual Stockbroker Awards in 2012, best platform for Active Day Traders in 2013 and 2014, SA's best Online Broker in 2015 and 2017 and SA's best CFD provider in 2020 as well as SA's Top CFD Broker in 2021.

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