Q1. Do you offer multi-currency accounts?
No. IG Markets accounts are AUD-denominated only, so funds cannot be held in other currencies. When trading international shares, we convert currencies at the best available market rates plus a 0.7% FX conversion fee.
Q2. What are IG Markets fees and charges?
We keep our fee structure simple and transparent.
No inactivity fees
No platform fees
No account maintenance fees
No custody fees
Currency conversion is handled automatically when you trade in non-AUD markets. You'll always see the exact rate before confirming your trade.
This means when you buy US stocks, for example, your AUD is converted to USD at the time of trade. The same happens in reverse when you sell, with the same transparent fee structure.
Fee Type | Account Type | Amount |
Commission | Share Account | Free (zero commission) across all stock and ETF trades |
| Crypto Account |
|
Currency conversion | Both | 0.7% FX conversion fees |
Payment - Deposit | Bank / PayID | Free |
| Credit Card | No Fee |
Payment - Withdrawal | Bank EFT Transfer | Free |
Q3. Do you charge an annual management fee for a share account?
No we don't charge an annual management fee.
Q4. How do I give someone else access to my account?
Account access is restricted to the registered account holder only and cannot be granted to a third party.
Q5. What happens to the shares I buy or transfer to IG Markets?
Your shares are held in segregated client accounts under nominee arrangements with approved custodians. This means that they're easily identifiable as client assets and, as with cash, IG and its creditors don't have any charge, liens, or rights of set-off or retention over them. Your shares may be pooled with other clients' shares, but never with shares owned by IG.
Q6. How do I close my IG Markets Accounts?
You can close your IG Markets account directly from the app by following the steps below.
Steps to Close Your Account
Open the app and go to "Settings".
Select "Privacy & Security".
Tap "Close my IG Markets account".
Follow the on-screen instructions to confirm your request.
Before You Close Your Account
Please ensure that:
All open positions are fully closed
Your account balance is zero
There are no pending orders or unresolved matters
If any of these conditions are not met, you may be prompted to resolve them before your account can be closed.
Statements
Q7. Will I receive a copy of contract notes?
A trade confirmation statement will be sent to you at the end of each trading day, summarising the details of any trades you have placed. This is also known as a Daily Statement.
Q8. What statements will I receive?
You will receive the following statements from IG Markets:
Daily statement — a summary of your daily trading activity*
Monthly statement — a consolidated view of your account for the month
Annual statement — including Profit & Loss and Income statement for the financial year
*A daily statement is automatically generated if a trade or payment has been made on your account.
Q9. How do I generate or access a statement?
You can easily view your account documents through the IG Markets application.
Simply tap your profile icon in the top right corner, then select "Documents" > "Statement".