Find out more about IG Share Trading here

Information verified correct on December 6th, 2016

Enjoy competitive brokerage fees and 24-hour support when you trade Australian and international shares online with IG Share Trading.

If you’re looking for a reliable online share trading platform that offers some of the lowest brokerage fees around, IG Share Trading is well worth a look. Providing the ability to trade Australian shares and more than 7,000 international shares, IG charges a commission of just AUD$8 per trade on Australian shares and USD$10 per trade on international shares.

You can trade on the IG Share Trading website or through a range of apps, and there’s even a special introductory offer of no commission on all Australian and international share trades for the first 30 days after joining.


What can I trade with IG Share Trading?

IG Share Trading provides access to more than 8,000 shares on Australian and international markets. The stock exchanges you can access through your IG Share Trading account include:

  • Australia: ASX 200, ASX 300 and a wide range of other small cap Australian stocks
  • US: S&P 500, DOW 30, NASDAQ 100 and a wide range of other small cap US stocks
  • UK: FTSE 100, FTSE 250 and a wide range of other small cap UK stocks
  • Germany: DAX, HDAX, MDAX
  • Ireland: ISEQ

What are the features of IG Share Trading?

Market data

To view live prices on Australian and international share markets, you will need to activate the relevant data feed through your IG Share Trading account. This will incur an ongoing fee in some circumstances.

News and analysis

IG customers can access news, advice and recommendations from IG’s team of in-house experts. This includes trading opportunities and information on stocks to watch.

Choice of trading platforms

You can place trades with IG through the provider’s web-based trading platform, over the phone or through the IG app. The app is available to suit Apple, Android and Windows smartphones and tablets.

Available markets

IG Share Trading provides access to more than 8,000 shares in Australia and around the world. For a list of the international stock exchanges you can trade on via your IG Share Trading account, see the what can I trade with IG Share Trading? section above.

Multiple currencies

IG Share Trading allows you to hold multiple currencies in your account to convert whenever you would like to take advantage of exchange rate fluctuations. Available currencies include AUD, USD, EUR and GBP.

Currency conversion

IG also specialises in providing foreign exchange to customers, which means you can take advantage of a 0.3% currency conversion fee when trading international shares.

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What support and information is available with IG Share Trading?

If you ever have a problem with a trade or have a question about your IG Share Trading account, IG offers a 24-hour customer support service. The first step to take when you need assistance is to visit IG’s extensive online help portal.

If you can’t find the answer you’re looking for among the frequently asked questions, you can then email your question to IG or free call the experienced customer help team directly.

The IG website also contains a wide range of handy educational resources for traders. These are designed to help you understand the ins and outs of trading and include seminars, articles, guides and a trading glossary.

How do I fund my account?

You can place funds in your account through a number of ways including credit card, debit or BPAY. Each method attracts different fees. If you're in Australia, the minimum deposit via credit or debit card is $200. Otherwise, there is no minimum deposit to open and activate an account. Below is a list of methods for funding your account based on your location.

Note: IG does not accept payments made via commercial or business credit cards or cash.

Payment typeIG's costExecution timeHow to pay
Credit cardVisa: 1% (AUD transactions)
Mastercard: 0.5% (AUD transactions)
Non-AUD transactions: 1.5%
InstantLog in to the trading platform, select 'Payments' and follow the prompts
Debit cardVisa: 0.5%
Mastercard: Free
InstantLog in to the trading platform, select 'Payments' and follow the prompts
BPAYFreeUp to two business daysYour BPAY Biller and Customer Reference number is available from the following locations:

  • The email IG sent when your account was activated
  • The web-based trading platform via Payments
  • Your daily statement that is sent whenever there is activity on your account
Payment typeIG's costExecution timeHow to pay
Credit/Debit card1.5%InstantLog in to the trading platform, select 'Payments' and follow the prompts
Electronic funds transfer to NZ based accountFreeUp to three business daysAccount name: IG Markets Ltd Client Trust
Bank / Branch Code: 03-0252
Account number: 0834546-05
Currency: NZD only
Payment typeIG's costExecution timeHow to pay
Credit/Debit card1.5%InstantLog in to the trading platform, select 'Payments' and follow the prompts
Local transfer to their HK based accountFreeUp to three business daysBank Name: The Hongkong and Shanghai Banking Corporation Limited
HSBC Main Building,
1 Queens Road Central,
Hong Kong
Account Name: IG Markets Ltd - Client Trust Account
Swift Code: HSBCHKHHHKH
Account Number(s):
USD Currency - 848391785201
HKD Currency - 848391785001
AUD Currency - 848391785203
International Transfer to their Australian based accountFreeUp to three business daysBank Name: Westpac Banking Corporation
409 St Kilda Road
Melbourne Vic 3004
Australia
Account Name: IG Markets Client Trust Account
Swift Code: WPACAU2SXXX
Account Number(s):
USD Currency - 034702372672
HKD Currency - 034734320199
AUD Currency - 033079189977
EUR Currency - 034705308262
GBP Currency - 034703392421
Payment typeIG's costExecution timeHow to pay
Credit/debit card1.5%InstantLog in to the trading platform, select 'Payments' and follow the prompts
Local transfer to their HK based accountFreeUp to three business daysBank Name: The Hongkong and Shanghai Banking Corporation Limited
HSBC Main Building,
1 Queens Road Central,
Hong Kong
Account Name: IG Markets Ltd - Client Trust Account
Swift Code: HSBCHKHHHKH
Account Number(s):
USD Currency - 848391785201
HKD Currency - 848391785001
AUD Currency - 848391785203
International transfer to their Australian based accountFreeUp to three business daysBank Name: Westpac Banking Corporation
409 St Kilda Road
Melbourne Vic 3004
Australia
Account Name: IG Markets Client Trust Account
Swift Code: WPACAU2SXXX
Account Number(s):
USD Currency - 034702372672
HKD Currency - 034734320199
AUD Currency - 033079189977
EUR Currency - 034705308262
GBP Currency - 034703392421
Payment typeIG's costExecution timeHow to pay
Credit/debit card1.5%InstantLog in to the trading platform, select 'Payments' and follow the prompts
International transfer to their Australian based accountFreeUp to three business daysBank Name: Westpac Banking Corporation
409 St Kilda Road
Melbourne Vic 3004
Australia
Account Name: IG Markets Client Trust Account
Swift Code: WPACAU2SXXX
Account Number(s):
USD Currency - 034702372672
HKD Currency - 034734320199
AUD Currency - 033079189977
EUR Currency - 034705308262
GBP Currency - 034703392421

Source: IG

What fees am I charged when using IG Share Trading?

The following fees apply.

LocationCommission per trade
AustraliaAUD$8/0.1% (whichever is higher)
USUS$10/2 cents per share (whichever is higher)
UK£10/0.1%
Germany€10/0.1%
Ireland€10/0.1%
LocationMinimum charge
AustraliaAUD$50
USUS$50
UK£40
Germany€50
Ireland€50

Additional monthly fees may also apply if you wish to access live prices for Australian and international stock exchanges, but there is the potential to have these fees refunded if you place more than a specified number of trades each month. Contact IG directly for detailed information on these fees and charges.

What are the pros and cons of using IG Share Trading?

The pros

  • It's an established provider. IG has more than 40 years of experience in helping traders around the world manage their investments.
  • You have access to international shares. IG Share Trading allows you to access major stock exchanges in Australia and around the world. This means you can buy and sell shares in more than 8,000 companies and build a diversified share portfolio tailored to your needs.
  • There are competitive commissions. IG’s competitive commissions start from AUD$8 for Australian shares. Compare IG’s brokerage fees to those charged by other share trading platforms to see how they stack up.
  • There is 24-hour support. If you ever need help with a trade or your account, IG’s team of in-house experts is contactable 24 hours a day.

The cons

  • Limited information to help you make investment decisions. IG’s website doesn’t provide extensive, in-depth details about its Share Trading service. You will need to contact IG for more information about the features of its Share Trading platform, including the order types available and the ongoing monthly fees that apply for accessing live prices.
  • Unable to queue up orders when the market is closed. You're unable to queue up international orders when the market is closed, which can be inflexible.

How do I apply for an IG Share Trading account?

If you’d like to sign up for an IG Share Trading account, click the “apply now” link on this page to be securely redirected to the IG Share Trading website. You can then open one of the following account types:

  • Single account
  • Joint account
  • Corporate or trust account
  • Self-managed super fund (SMSF) account

It takes around 5-10 minutes to apply and you will need to provide:

  • Your name
  • Your email address and phone number
  • Your residential address
  • Your username and password
  • A photograph or scanned copy of your Australian driver’s licence or passport

Have you had these questions about IG Share Trading?

Is my money safe with IG?

IG is authorised and regulated by the Australian Securities and Investment Commission and holds all client money in a segregated bank account.

Can I try IG Share Trading before signing up for an account?

Yes. IG Share Trading allows you to access a free demo account to sample the features it offers to customers.

Can I transfer shares purchased through another platform to IG?

Yes. You can transfer your existing shareholdings to IG without incurring any fees from IG.

What is IG’s collateral service?

This service allows you to use up to 95% of your Share Trading portfolio to cover your CFD trading costs if you hold a CFD trading account with IG.

Founded in 1974, IG has more than 40 years experience offering competitive trading solutions to traders all around the world. With more than 150,000 clients worldwide and net global trading revenue of £388.4 million, IG is the world’s (and Australia’s) largest provider of CFDs. Share Trading is a new service from IG.

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11 Responses to Find out more about IG Share Trading here

  1. Default Gravatar
    Alex | September 21, 2016

    Is there a minimum value amount of international shares i can transfer into my IG share trading account at a time for example, directshares minimum is 10,000 dollars worth of international shares

    • Staff
      Clarizza | September 27, 2016

      Hi Alex,

      Thanks for your question.

      There is no minimum amount of shares to transfer into your account. Please note, if you’re looking to transfer that amount, it may take between 5-7 weeks. IG also allow you to transfer in bunches.

      Regards,
      Clarizza

  2. Default Gravatar
    Mark | September 18, 2016

    Can you tell me what the bank account arrangements are with IG Share Trading. Some providers explain that you will open a trading account with them and that you must also open a parallel bank account with XYZ Bank (which might be the same as the share trading company or maybe not). This would be useful information to include on your description. e.g. (“when you open a trading account with IG, you will need to deposit your funds in an account at …”)

    • Staff
      Shirley | September 19, 2016

      Hi Mark,

      A great question!

      When you open a trading account with IG, you will need to deposits your funds via credit card, debit card or BPAY. You don’t need to open a specific bank account, you can use your current one as long as it was BPAY or a debit card attached.

      Using BPAY is the only free option as it stands – it takes about 2 days to process.

      Your BPAY Biller and Customer Reference number is available from the following locations:
      - The email IG sent when your account was activated
      - The web-based trading platform via Payments
      - Your daily statement that is sent whenever there is activity on your account

      Hope this helps and we’ll add the information on the page soon!

  3. Default Gravatar
    john | September 6, 2016

    I have an IG trade account and a huge huge disadvantage not mentioned above is the inability to place orders when a market is closed. Obviously the orders can’t be filled while the market is closed, but I am finding that i cannot even place the order until pre-market or open.

    • Staff
      Shirley | September 6, 2016

      Hi John,

      Thank you very much for your feedback.

      We’ve added a section under “cons” in the copy to help inform our users.

  4. Default Gravatar
    pejy | September 1, 2016

    Hi
    what happen if I open an account but do not trade during a month? can I still use your website info?
    I need historical data to analyse through my software do you prepare historical data that I can download ?
    I am going to get data , analyse them and them order via your website.
    thanks

    • Staff
      Clarizza | September 7, 2016

      Hi Pejy

      Thanks for your question. IG have a two year inactivity limit, where an account will be closed if there’s no funds in the account.

      IG also offer delayed data on most shares and there is a small fee for live prices, with a rebate available. If you are using their website, this data, news and analysis will be available with the delayed data on shares.

      Hope this has helped.

      Clarizza

  5. Default Gravatar
    Rachael | August 10, 2016

    I wish to set up 2 accounts with my grandchildren in “sub” account structure. I already have some shares in my name with my Granddaughter as a sub but I want to purchase more shares and I need a new Stockbroker.

    • Staff
      Shirley | August 12, 2016

      Hi Rachael,

      IG offer whats called “Linked Accounts” where you would individually have an account with IG but can then switch and trade on another parties account as long as you have a Power of Attorney set up. However you can only have a maximum of 3 POAs set up.

    • Staff
      Shirley | August 11, 2016

      Hi Rachael,

      Thanks for your question.

      We’re currently in discussion with IG to determine whether this is possible for you and your granddaughter.

      We’ll be in touch! :)

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