1. What are the main costs of IG Markets CFD trading?
Spread – built into the buy/sell price for all products
Overnight funding charge – When you trade CFDs, you are trading on leverage — meaning we are effectively lending you the difference between your margin and the full value of your position. Overnight funding charges exist to cover the cost of that borrowing when you hold a position open past the daily cut-off time, which is typically 10pm UK time
Currency conversion fee – up to 0.5% of spot rate when closing a position denominated in a currency other than your base currency
Borrow charge – applies daily to short share positions (varies by share; includes a 0.5% admin fee)
2. Are there any hidden fees in IG Markets CFD trading?
No hidden fees.
3. Is there a commission charge on top of the spread in IG Markets CFD trading?
No, there is no commission charged to clients.
4. Are there currency conversion charges in IG Markets CFD trading?
Yes. A currency conversion charge of 0.5% is applied on the spot rate whenever a currency conversion takes place on your account.
This charge is not shown as a separate line item — it is already embedded in the conversion rate you see.
Currency conversions apply to a number of account activities, including:
Realised profits and losses
Overnight funding fees
Admin fees
Conversion of deposited funds to your account's base currency
Dividend adjustments
For funds that are not in the base currency of your account, it will convert automatically to your account's base currency at 10pm UKT (5am/6am SGT depending on daylight saving changes)
5. Are there any account maintenance or inactivity fees in IG Markets CFD trading?
There are no maintenance or inactivity fees charged.