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Account Opening

Account Opening

Q1. Who can open an IG Markets Share account?

To open an IG Markets Share account you must be an Australian resident and at least 18 years of age.


Q2. How do I open an IG Markets Share account and what information is required?

You will need to complete identity verification (including crypto verification) along with the following information:

To open an account, you must:

  • Be an Australian resident and at least 18 years of age. In some cases, you may need to provide proof of address (such as a recent utility bill, bank statement, or government correspondence showing your full name and address within the last six months)

  • Must meet standard account opening procedures by providing identity information and verification, along with any additional checks required based on your individual circumstances

  • Complete the online application via the IG Markets app

  • The form captures personal information, contact details, employment status, financial background

Document Requirements

  • Provide valid proof of identity: passport, driving license, or national identity card

  • Provide valid proof of address: Recent utility bill (not older than three months), bank statement, or government correspondence (within 6 months)

  • Ensure documents are clear, legible, and show the full name matching your application


Q3. How do I add another sub-account to my existing IG Market account?

IG Markets offers two trading account types: Crypto and Share. When you first open your IG Markets account, you can choose to open one account type, or both.

You can easily add another account at any time. To do so, open the mobile app, go to the 'Home' page, and tap 'Open' under the account type you would like to set up.

If you are existing IG Trading client, you will need to set up IG Markets account via mobile app as new application.


Q4. Does IG Markets offer joint accounts?

No. Joint accounts are not available on IG Markets at this stage.


Q5. I'm a dual resident — am I eligible for an account?

Yes. Dual residents are eligible to open an IG Markets account, provided they meet the standard eligibility requirements (Australian resident, 18 years or older).

Note

No US tax resident accepted.


Q6. Can I have multiple IG Markets Share accounts?

No. Each individual can only hold one IG Markets Share account and one Crypto account.


Q7. Can I open an IG Market account under my company or Self-Managed Super Fund (SMSF) name?

No. IG Markets accounts are only available to individuals under a personal name. Corporate entities and Self-Managed Super Funds (SMSFs) are not eligible to open an account.


Q8. Do I need to provide a Tax File Number (TFN) to trade ASX-listed shares?

Yes. A Tax File Number (TFN) is mandatory to trade Australian shares on IG Markets. Without a TFN on file, you will not be able to execute ASX share trades.

You can submit your TFN directly from the deal ticket when placing an ASX share order. Simply enter your TFN when prompted before confirming your trade. Once submitted, it will be saved to your account for future trades.

Note: Your TFN is used for tax reporting purposes in accordance with Australian taxation requirements. Providing your TFN does not affect your tax obligations — it is simply used to identify you to the Australian Taxation Office (ATO).


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