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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.
The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.
CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.
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Question
Monkhouse95
Hi All,
I'm expected to move to Australia in July and have an ISA account with IG. Looking around it sounds like I can keep my ISA account here in the UK, my only limitation is that I wont be able to add any further funds to the account.
I've spoken to a few people at IG helpdesk and I keep getting different answers, some advise I'd have to close my account immediately and sell all positions before moving to Australia (which would be a massive pain) and others have said I will have no issues keeping my account and advised I just wouldn't be able to add further funds or buy new positions. I would however be able to carry on holding and sell any positions at a later date.
Has anyone had any experience with this or can someone from IG give me a definitive answer because it's becoming very stressful now!
Thanks in advance
Jack
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