Skip to content

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.

Trade on interest rates with the World's No.1 CFD provider1

Discover interest rate trading on our award-winning platform.2 Learn how to take a position on the future short-term (quarterly) direction of a range of global interest rates.

Call 010 500 8624 or email newaccounts.za@ig.com to talk about opening a trading account. We're here 24 hours a day from 9am Saturday to 11pm Friday.

Contact us: 010 500 8624

Call 010 500 8624 or email newaccounts.za@ig.com to talk about opening a trading account. We're here 24 hours a day from 9am Saturday to 11pm Friday.

Contact us: 010 500 8624

Why trade interest rates with us?

Choose from a broad selection of global money markets

Back your judgement on future changes in short-term interest rates

Hedge against other investments affected by interest rates, like mortgage repayments

What are interest rate derivatives?

Interest rate derivatives are financial products used for trading that ‘derive’ their underlying value from the interest rate. With them, you can predict on the short-term interest rate in global rates, going long or short for a profit or loss.

How to trade interest rates derivatives

  1. Open a live CFD trading account
  2. Find an opportunity
  3. Open your first position on our platform
  4. Monitor and close your trade

CFD trading on interest rate futures

With us, you can trade interest rate futures with CFD accounts.

Let’s look at the features of CFDs:

Why trade CFDs?

  1. Use leverage for a decreased initial outlay*
  2. Trade on rising and falling markets
  3. Pay no stamp duty3
  4. Offset losses against profits for CGT purposes3
  5. Trade 17,000 markets**
  6. Use prices based on the underlying market

*CFD trading involves high risk. That’s because leverage can magnify both your profits and your losses as they’ll be based on the full exposure to the trade, not just the initial margin deposit required to open it. This means losses as well as profits could far outweigh your margin, so always ensure you’re trading within your means.

**IG Group's total markets

Interest rate trading costs: spreads

Normal CFD contract
SONIA (3-month) 1
Australian 3-Day Interbank Rate 1*
Euribor (3-month) 1
Eurodollar (3-month) 1.6

Spreads may be offered as a fixed or variable amount. If variable spreads are in use, then the spread shown in this table is the amount of IG spread added to the underlying futures market spread. Any variable spreads are marked with an asterisk (*).

Interest rate CFD product details

With CFDs, the difference in the underlying interest rate’s price from when you opened your position versus when you’ve closed it determines your profit – or loss. CFD interest rate futures are charged in the spread, so you’ll pay no commission charges.

Open an account now

*Demo accounts are only available for spread betting and CFD trading.

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to 17,000 global markets, with reliable execution

React faster with powerful technology

Our platform and apps are intuitive and highly responsive, so trading opportunities are always within reach

Grow your confidence with an established provider

We’re a FTSE 250 company that’s been leading our industry for nearly 50 years, so our expertise is second to none

*Demo accounts are only available for spread betting and CFD trading.

Open an account now

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to 17,000 global markets, with reliable execution

React faster with powerful technology

Our platform and apps are intuitive and highly responsive, so trading opportunities are always within reach

Grow your confidence with an established provider

We’re a FTSE 250 company that’s been leading our industry for nearly 50 years, so our expertise is second to none

Start trading now

Open your account now, and discover today’s opportunity on a huge range of markets.

Start trading now

Open your account now, and discover today’s opportunity on a huge range of markets.

Trade interest rates with an award-winning platform2

  • Web-based platform
  • Mobile trading app

Take control of your trading with our clean deal tickets, clear price charts and in-platform news and analysis.

Commodity trading platform

Trade indices opportunities wherever you are and receive trading alerts and signals on the go via email, SMS or push notification.

Commodity trading app

Open an account in minutes

its free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

*Demo accounts are only available for spread betting and CFD trading.

Open an account in minutes

its free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

*Demo accounts are only available for spread betting and CFD trading.

Open an account in minutes

its free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

Open an account in minutes

its free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Try these next

Start trading thousands of global markets with us

CFD trading enables you to speculate on the future movements in a market’s price

See how we’ve been changing the face of trading for more than 45 years

1 Based on revenue (published financial statements, 2022)
2Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.
3 Tax laws are subject to change and depend on individual circumstances. Tax laws may differ in a jurisdiction other than the UK.