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Trading CFD instead of Stocks


Ovidas

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On 19/04/2023 at 18:26, Ovidas said:

Hello!

I want to ask please if I can trade (intraday) the CFDs for the USA stocks included in S&P 500 and how can I actually do it.

Thanks!

Hi @Ovidas

Thanks for reaching out. IG has an obligation under US tax regulation to obtain documentation from our clients that wish to trade on US equities. 

If you’re not a corporate client, joint account holder, a US citizen or resident of the US, you need to complete our quick and easy electronic Form W-8BEN as soon as possible:

  1. Log in to your IG account
  2. Go to the ‘settings’ tab in My IG
  3. Select ‘dealing US stock’
  4. Answer a few questions about your tax status and e-sign


The whole process should only take a minute or two. Your information will be stored at IG and only be shared with the IRS on audit.

All the best, 

OfentseIG

 

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