Is IG broker available in South Africa?

Table of Contents

IG is home to more retail forex traders in South Africa than any other forex trading.

What is the spread on IG?

Our standard charge is 0.5%. For relevant share dealing transactions on share dealing accounts, we will convert currencies at the time of execution based on the best available bid/offer exchange rates, plus our spread of 0.5%.

Is IG regulated in South Africa?

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

Can you trade CFD on IG?

With IG, you can trade CFDs on over 18,000+ markets, including indices, shares, forex, commodities and more. You can even trade CFDs out of hours on certain markets, enabling you to make the most out of company announcements after the market closes.

What is the minimum deposit for IG trading?

IG has no minimum deposit for bank transfers, but has a $300 minimum deposit for credit/debit cards and PayPal. Disclaimer: 79% of retail investor accounts lose money when trading CFDs with this provider.

Is my money safe with IG?

Your money is held in segregated bank accounts under trustee arrangements. This ensures that the cash remains yours, rather than IG’s. It also means that it’s easily identifiable as client money, so IG and its creditors don’t have any charge, liens, or rights of set-off or retention over it.

What is the minimum deposit for IG?

IG Trading does not require a minimum deposit. You may be required to make a US$300 minimum deposit if you are funding your account via credit, debit card, or PayPal.

Is IG broker good?

Yes, IG is an excellent broker that ranks at the top in nearly all key categories of importance to traders. As an online broker, IG goes above and beyond to offer a rich experience with many options for investing in financial markets.

What are IG fees?

How much does IG charge per trade? IG charges a commission fee per trade, starting from 0.2 minimum available spread on CFD Indices, a flat 0.10% on Singapore CFD stocks and ETFs (minimum S$10), and $0.02 per share on US CFD stocks and ETFs (minimum US$10).

Does IG offer leverage?

IG (U.S.) offers U.S. clients leveraged access to over 80 currency pairs.

Is IG good for day trading?

How long do IG withdrawals take?

Withdrawal times

Card: typically between 2 to 5 bank working days.

How do you withdraw money from IG?

To withdraw your funds, please log in to My IG, go to the ‘live accounts’ tab, and select ‘withdraw funds’. Open the app, click on ‘account’ at the bottom right of the app and select the account you wish to withdraw from, then click the ‘withdraw’ button.

What is the minimum amount to trade with IG?

Are IG fees high?

IG has low non-trading fees. Withdrawals are free of charge and the inactivity fee is charged only after 2 years. On the negative side, forex and stock CFD fees are high. The fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.

Does IG charge for withdrawal?

Unlike some online brokers we have reviewed IG does not charge a withdrawal fee. This means that you’ll see the same amount of money on your bank account that you transferred from your brokerage account.

What’s the minimum withdrawal on IG?

What is the minimum withdrawal amount from an IG trading account? IG stipulates that its clients withdraw a minimum of $150 from their trading account. The minimum IG withdrawal amount is different for different currencies. If you do not have $150 in your IG trading account, you can withdraw whatever amount you have.

How much does IG withdrawal cost?

Other fees

Transaction	Standard bank transfer	Same-day bank transfer
Fee	Free	$15* with a minimum requirement of $2000 (withdrawals in other currencies may have other charges)

What is the minimum withdrawal on IG?

Is IG broker free?

Trading fees
Zero commission on US shares if you place 3 or more trades in the previous calendar month, and just £3 per trade on UK shares. Please note that rates are valid up to £25,000 trade consideration.

What is the minimum trade on IG?

How much leverage does IG offer?

Compare other forex trading platforms

Name	Available asset types	Maximum Leverage
IG	Currencies	50:1
Forex.com	Currencies	Up to 50:1