How to Apply
Ready to start spread betting with IG? Use the simple steps below to find out how to open an account and you can be trading online in minutes.
If you are still unsure how to proceed, please call us on 0800 195 3100 and we'll do all that we can to help you get started.
Step 1: Open a spread betting account
I'm new to spread betting, where do I start?
The first step is to open an account. You can apply online in just a few minutes using our automated form, or download and print a PDF form if you prefer.
Do I need to send any documents to open an account with IG Index?
In the vast majority of cases you will not need to send us any supporting documents as we can verify your address details online. Occasionally we will be unable to confirm your identity online (for example if you have moved house recently), and in such cases we will contact you in order to verify your details.
Can I apply from outside the UK?
Yes, we can accept applications from most countries except:
- United States, Turkey: not permitted for legal reasons.
- Australia: we have an operation licenced in Australia and cannot accept customers directly to the UK through this site. Please visit www.igmarkets.com for CFD and FX trading.
Step 2: Choose an account type
Which type of account should I apply for?
We offer two types of accounts: Plus and Limited Risk.
What are the main features of the two accounts?
Plus Account: offers our tightest dealing spreads and the full functionality of our award-winning PureDeal platform, including DealThru Charts, Trailing Stops and one-click dealing for faster execution. Dealing spreads start from just 1 point on major forex pairs and 2 points on the Daily FTSE Index.
Limited Risk Account: offers absolute control over the risk you take. You will control your risk on every position by using a Guaranteed Stop-loss which will incur a wider dealing spread. You decide the amount of risk through the positioning of your Guaranteed Stop-loss. You must have sufficient cash in your account to cover the maximum possible loss before you place each bet. You can never lose any more than you are prepared to risk from the outset as all bets must have a Guaranteed Stop-loss attached.
The Plus Account gives you greater flexibility as you can use a Guaranteed Stop-loss when you wish or, if you prefer, a Non-Guaranteed Stop-loss that does not incur an extra dealing spread. New users may prefer the peace of mind which the Limited Risk Account offers whilst gaining experience before deciding to upgrade.
Step 3: How can I upgrade my account type?
Limited Risk Account holders can upgrade to a Plus Account through the PureDeal platform. Go to the My Account area, select the Overview tab and click on ‘Upgrade now’. An email will be sent automatically to our Client Service team, who will notify you that the upgrade has been successful.
IG Index recognises that the Limited Risk and Plus Accounts may not suit everyone, and we can allow clients more time to pay margin calls (subject to status and proof of funds). If you are interested in discussing this option, please open a Plus Account and contact our New Accounts team on 0800 195 3100.
Step 4: What next?
Now that you have decided which account suits your needs, go to Apply Online . For more information about what happens after you have opened an account, including how to lodge funds, see our Beginners' FAQs section.
- Related Info
- Intro to PureDeal Seminar
- Types of Account
Ready to spread bet?
Open an account online in minutes with no forms to print or documents to send.
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