IG fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for IG, from the database.
Facts last checked . Read the full IG review.
What it costs to trade
- Spread from
- 0.6 pips
- EUR/USD spread
- 0.85 pips
- GBP/USD spread
- 1.84 pips
- Commission
- $0 on standard forex CFDs
- All-in cost, EUR/USD
- 0.85 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight funding charged/credited
- Currency conversion
- 0.5%
What this means
Cost is where brokers in the same regulatory bracket actually differ.
Spreads from 0.6 pips suggest an all-in account, where the broker's fee is built into the price rather than charged separately. There is usually no commission on top, which makes the cost easier to predict.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
IG lists a minimum deposit of $0. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about IG fees
What is the EUR/USD spread at IG?
IG records an average EUR/USD spread of 0.85 pips on a variable pricing model.
Does IG charge commission?
IG's commission is $0 on standard forex CFDs. A commission account usually pairs with a tighter spread, so the two have to be read together.
What does IG charge to hold a position overnight?
Overnight financing at IG is recorded as both: overnight funding charged/credited.
Fees at brokers under the same regulator
- Plus500 fees also licensed by FCA
- CMC Markets fees also licensed by FCA
- Saxo Bank fees also licensed by FCA
- FOREX.com fees also licensed by FCA
- OANDA fees also licensed by FCA