Compare the Best IG Online Investment Brokerages in Singapore 2020

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We found 1 IG Online Brokerage for you!
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Min. Funding

S$0

Min. Funding
Leading CFD Provider
Min. Commission Fee US Shares
US$10
Min. Commission Fee SG Shares
S$10
Min. Funding
S$0
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IG Markets Fees and Charges

Commission Fees

At IG Markets, commission fees start from 0.2 minimum available spread on CFD Indices, a flat 0.10% on Singapore CFD stocks and ETFs (minimum S$10), and $0.02 per share on US CFD stocks and ETFs (minimum US$10).

Account Transfer Fee

If you are transferring your trading account to or from IG Markets, all transfers are free of charges. The transfer process takes approximately 2 weeks to be completed.

IG Markets Overview in Singapore

IG Markets is an online brokerage with a focus on CFD trading in Singapore, such as forex, indices, cryptocurrencies, shares, commodities, options, bonds, and ETFs. No minimum funding is required to open a trading account, and commission fees start from 0.2 spread on CFD indices, and 0.1% on Singapore CFD stocks and ETFs. CFDs are leveraged products that are best suited for experienced traders.

Who is IG Markets Best For

IG Markets is best for experienced traders with a niche for trading CFD orex, indices, cryptocurrencies, shares, commodities, options, bonds, and ETFs. The IG trading platform is available on both web and mobile, and may be integrated with specialist and charting platforms such as MetaTrader 4 (MT4), ProRealTime, and other web APIs such as the representational state transfer (REST) API, or streaming API. A FIX APIs are available for institutional traders as well. If you are a beginner trader, IG Markets’ education and learning materials will be helpful for you: tutorials on how to use the IG trading platform, free trading courses and webinars on the IG Academy, discussions on the IG Community forum, live bidding and offering prices on popular markets, and IG Markets global team of experts’ live Reuter and Twitter feeds.

Opening an IG Markets Account

To open an IG Markets CFD trading account, scroll up, click on the IG Markets details page and you will be able to sign up for an account instantly. Alternatively, visit the IG Markets website, choose between a personal or corporate account, and select “Create your account”. You will have to fill in an online form, get instant verification, fund your account, and start trading.

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Commonly Asked Questions

How does IG trading work?

IG Markets is an online brokerage headquartered in London and is present in 17 countries, including Singapore where it is authorised by the Monetary Authority of Singapore (MAS). Its web and mobile trading platform is suitable for both beginners and professional traders. Experienced individual, professional, and institutional traders may trade CFDs (contract for differences), spread betting, and forex on IG Markets’ trading platform. If you are new to the IG Markets trading platform, you can sign up for a demo account or visit the website for tutorials.

How much does IG charge per trade?

IG charges a commission fee per trade, starting from 0.2 minimum available spread on CFD Indices, a flat 0.10% on Singapore CFD stocks and ETFs (minimum S$10), and $0.02 per share on US CFD stocks and ETFs (minimum US$10).

What is the minimum deposit for IG Trading?

IG trading does not require any minimum deposit if you are looking to open a trading account if you are funding your account via bank transfers. However, you may be required to make a US$300 minimum deposit if you are funding your account via credit, debit card, or PayPal.

Can I trade gold on IG?

You can trade gold on IG, along with other precious metals such as silver, platinum, and palladium with ETFs (exchange-traded funds) or leveraged products like CFDs (contract for differences). You will also be able to view real-time spot gold, spot palladium, and spot platinum prices on IG.

How to use IG Trading Platform?

To use the IG trading platform, login to your IG Markets trading account, and click on the left hand menu to view markets, positions, and orders. You will then be able to save your preferred watchlists and markets by selecting the “Add to Workspace” option on the top right corner of your screen. To place a trade on the IG trading platform, view a deal ticket to see live buy and sell prices, minimum deal size, and spread. Enter your deal size, currency, and close conditions. Finally, click on “Order” to set your position open. If you are new to IG Markets, visit the IG Markets help and support website to access step by step tutorials and guides.