No Hidden Charges
We disclose all the costs incurred to your trades to maintain our transparent prices. This is our commitment to offer you fair and sound service.
IG Markets believes in 'Quality Service', 'True Value', and 'Complete Transparency'. So we disclose all the costs incurred to you upon placing orders with us, namely how we make our money as business. In other words, you will never be charged for anything other than the following items.
For example, there are no administration charges for issuance of transaction reports and balance statements, margin calls, account maintenance and use of PureDeal platform. So set your heart at ease when you trade.
Transaction fees – commission and spread
IG Markets quotes a commission charge only for Share CFDs and fees vary between online trading and telephone trading products. Rest of the products are totally commission free. Other than that, a spread (difference between a buy and sell price) will be charged as your trading costs.
Swap Points
When your FX positions are held overnight, you will receive or pay the interest differentials called Swap Points. Amount of Swap Points and whether you will receive or pay will depend on the currency pairs you are trading. Swap Points will be debited from your account if you buy a currency with a lower interest rate and sell a currency with a higher interest rate. Similarly, Swap Points will be credited to you account if you sell a currency with a lower interest rate and buy a currency with a higher interest rate.
Funding fees
When your CFD positions (except for FX and futures positions) are held overnight we will charge a funding fee for the value of the position. If you hold long positions overnight, you will normally incur 'prescribed interest rate + 2.5%' of payment, although short positions could also incur payments when the prescribed interest rate is substantially low (i.e. lower than 2.5%).
Dividends
If you hold Share CFD or Stock Indices CFD positions (except futures positions), you may receive or pay the amount that relates to the dividend adjustments.
This becomes relevant when your position relates to a share or the share of a constituent of the stock index that qualifies for dividend or goes ex-dividend.
If you hold a short position, you will be charged for a dividend payment, while if you hold a long position, you will receive it.
Currency transfer fees
Realised profit or loss in currencies other than yen (or dollar in case of US Dollar account holders) will be automatically converted to Yen (or USD in case of US Dollar account holder). ±0.3% is levied when those cash balances are converted.
Real-Time Charts - Charting fees
Monthly charting fees of 4000 yen will be charged if a client opts to access to our pro-level charting package. This fee will be waived if at least two trades are transacted in a given month.
Financial