No Hidden Charges

We commonly get asked how we make our money at IG Markets; are there any hidden costs when dealing with us? Quite simply, as a business we make our money through the following ways:

Transaction fees - commission/spread

IG Markets either quotes a commission charge (for equity products) or a spread charge (difference between a buy and sell price).

Funding fees

When long positions are held overnight IG Markets will charge a funding fee for the value of the position, or if a position is held in a fixed expiry future contract this funding charge is built into the price of the product.

Currency transfer fees

A charge of 0.5% is levied when cash balances are converted between currencies.

No hidden charges

There are no administration charges such as margin call fees, tax statements fees, duplicate statements, audit fees for disputes or platform fees.

Fees passed on

Charges that are passed on to clients:

Credit card transfer fees for transfers over $2000
Telegraphic transfers $15
Exchange fees are levied if a client opts to receive live streaming data ASX. Exchange fees are waived if at least 4 trades are transacted in a given month on ASX shares - there is no charge for delayed data.