IG Spreads
IG Spreads review by TopForexBrokers.com, All you need about IG Index spreads, Check out the IG Markets Spreads before open trading account, What is minimum IG trading Spreads. For more info about IG UK spreads you can check out the IG index review by ForexSQ.com forex website.
IG Index Spreads review
Indices
| Market name | Minimum bet | Available spread | Margin factor |
|---|---|---|---|
| FTSE 100 DFB 24 hours | £1 | 1 | 0.5% |
| Wall Street DFB 24 hours | £1 | 1.8 | 0.5% |
| Germany 30 DFB 24 hours | £1 | 1 | 0.5% |
| Australia 200 DFB 24 hours | £2 | 1 | 0.5% |
Shares
| Share category | DFBs | Near quarter | Far quarter | Very far quarter |
|---|---|---|---|---|
| FTSE 100 shares | 0.10% | 0.20% | 0.40% | 0.60% |
| Major US shares | 0.10% | 0.35% | 0.45% | 0.60% |
| Major European shares | 0.10% | 0.35% | 0.45% | 0.60% |
With share spread bets, we offer permanently low spreads on thousands of shares, given as a percentage of the underlying market value. We subtract the spread from the market value to get a Sell price, and we add it to the market value to get a Buy price
Forex
| Market name | Min bet | Min spread | Ave spread* | Margin required |
|---|---|---|---|---|
| Spot EUR/USD | £1 | 0.6 | 0.75 | 0.5% |
| Spot AUD/USD | £1 | 0.6 | 0.75 | 0.5% |
| Spot EUR/GBP | £1 | 0.9 | 1.17 | 1% |
| Spot GBP/USD | £1 | 0.9 | 1.34 | 1% |
Commodities
| Market name | Minimum bet | Spread | Margin factor |
|---|---|---|---|
| Spot Gold | £5 | 0.3 | 0.7% |
| Spot Silver | £3 | 2.5 | 1% |
| Oil – US Crude | £2 | 3 | 1% |
| Oil – Brent Crude | £1 | 3 | 1% |
CFD trading
Indices
| Market name | Value of one contract | Available spread | Margin per contract |
|---|---|---|---|
| FTSE 100 24 hours | £10 | 1 | 0.5% |
| Wall Street 24 hours | $10 | 1.8 | 0.5% |
| Germany 30 24 hours | €25 | 1 | 0.5% |
| Australia 200 24 hours | AUD25 | 1 | 0.5% |
Shares
| Share category | Commission per side | Min charge (online) | Min charge (phone) |
|---|---|---|---|
| UK | 0.10% | £10 | £15 |
| US | 2 cents per share | $15 | $25 |
| Euro1 | 0.10% | €10 | €25 |
With share CFDs you deal at the real market price, so we don’t attach our own spread. Instead, we take a small commission when you open the position, and again when you close it. In each instance, a minimum charge applies.
Forex
| Market name | Value per point | Min spread | Ave spread* | Margin req |
|---|---|---|---|---|
| Spot EUR/USD | $10 | 0.6 | 0.75 | 0.5% |
| Spot AUD/USD | $10 | 0.6 | 0.75 | 0.5% |
| Spot EUR/GBP | £10 | 0.9 | 1.17 | 1% |
| Spot GBP/USD | $10 | 0.9 | 1.34 | 1% |
Commodities
| Market name | Value of one contract | Spread | Margin per contract |
|---|---|---|---|
| Spot Gold | $100 | 0.3 | 0.7% |
| Spot Silver | $50 | 2.5 | 1% |
| Oil – US Crude | $10 | 3 | 1% |
| Oil – Brent Crude | $10 | 3 | 1% |
Share dealing
Spread betting and CFD traders
If you have placed at least one spread bet or CFD trade on any market in the previous calendar month, you will automatically qualify for our lowest commission rate for UK shares.
| Trading activity in previous month | Commission per trade (UK shares only) |
|---|---|
| 1 or more spread bets or CFD trades | £5 |
Share dealing only traders
If you’ve not placed at least one spread bet or CFD trade in the previous month, you’ll still qualify for our lowest commission rate on UK stocks if you’ve placed ten or more share dealing trades in the previous month.
| Number of trades (in previous month) | Commission per trade (UK shares only) |
|---|---|
| 10+ trades | £5 |
| 0-9 trades | £8 |
International shares
For all other shares, we charge the following:
| Region | Commission per trade | Minimum charge online | Minimum charge phone |
|---|---|---|---|
| UK | £5 – £8 (as above) | £40 | |
| Ireland | 0.1% | €10 | €50 |
| US | 2 cents per share | $15 | $50 |
| Germany | 0.1% | €10 | €50 |
| Netherlands | 0.1% | €10 | €50 |
Funding and interest
Funding and interest charges apply to CFD trades and spread bets only.
DFBs and cash CFDs
If you keep a Daily Funded Bet (DFB) or Cash CFD position open overnight (after 10pm UK time) we will make an interest adjustment to your account, to reflect the cost of funding your position. The interest adjustment is based on 1-month interbank funding rates (eg. LIBOR). We debit your account if your position is long, and credit your account for a short position – if the interbank funding rate is greater than 2.5%.*
For nearly all our markets, this is calculated in the same way for both spread bets and CFDs. For forex, the funding cost is calculated differently. See the table below.
Daily funded bets and cash CFDs
| Long positions | Short positions | Forex positions |
|---|---|---|
| We charge 2.5%* above the relevant interbank rate. Eg. If the relevant interbank 1-month rate is 0.5%, you would be charged 3.00% (annualised). | You receive the relevant interbank rate, minus 2.5%*. If the interbank rate is greater than 2.5%,* we credit your account; if the interbank rate is less than 2.5%,* your account is debited. Eg. If the relevant interbank 1-month rate is 0.5%, you would be charged 2.00% (annualised). | For forex positions, we charge funding based on the current tom-next rate. Tom-next shows, in points, the difference between the interest paid to borrow the currency that is being notionally sold, and the interest received from holding the currency. |
*3% on mini and micro CFD contracts
Futures and forwards
For fixed-expiry deals on stock indices and commodities we offer futures for spread betting and CFDs. For fixed-expiry shares and forex, we offer forwards for spread betting. We build the overnight funding charges into the spread, so that everything is included, for futures and forwards. This makes it easier to identify your break-even level on your deal.
Non-share markets
| Stock index | Futures spread | Forex pair | Forward spread | Commodity | Futures spread |
|---|---|---|---|---|---|
| FTSE 100 | 4 | EUR/USD | 10 | Spot gold | 0.6 |
| Wall Street | 6 | GBP/USD | 9 | Spot silver | 3 |
| Germany 30 | 6 | AUD/USD | 10 | Light Cruide oil | 6 |
| More indices | More forex pairs | More commodities | |||
Share markets
We offer forward spread bets on shares, for the upcoming three quarters.
| Market | Quarterly bets (near) | Quarterly bets (far) | Quarterly bets (very far) |
|---|---|---|---|
| FTSE 100 shares | 0.20% | 0.40% | 0.60% |
| Other UK shares | 0.40% | 0.45% | 0.60% |
| Major US shares | 0.35% | 0.45% | 0.60% |
| Other US shares | 0.35% | 0.45% | 0.60% |
| Euro shares | 0.35% | 0.45% | 0.60% |
| Other euro shares | 0.35% | 0.45% | 0.60% |
| More shares | |||
Understanding margin
Margin trading gives you full exposure to a market using only a fraction of the capital you’d normally need. It is the amount of money you need to open a position, defined by the margin rate.
IG Markets Spreads review conclusion
By this IG Index Spreads review now you know all about IG spreads and you check out the IG Markets Spreads before open trading account or know what is minimum IG trading Spreads. For more info about IG UK spreads you can check out the IG index review by TopForexBrokers.com forex review and comparison website.
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