Jump to content

Dividend Reinvestment


Recommended Posts

Dear IG, 

When will dividend reinvestment be available on share dealing and ISA accounts? This is such a key and fundamental part of long term investing! To not have this feature is very poor and is pushing me towards a different provider. I really rate IG as a whole but to not have DRIP is pretty much a deal breaker when deciding where to conduct my long term investing.


Regards, James

  • Like 3
  • Thanks 1
Link to comment

IG keeps closing topics after it bored customers with "we value your feedback, we are forwarding it to the dev team, please standby for updates"


See this example



They are stringing everyone along and being vague with their product roadmap. 


I truly regret moving away from TD/II. The only thing that was going for IG was the lower commission rate. I did, however, lose out on many fronts such as :


- lack of DRIP

- Lack of automatic investment into my ISA unless (and I got eventually forced into it) you have a SMART portfolio

- Bad and basic UI which is not as intuitive as the competitors

- Lack of dashboard/reporting unless you have a Smart portfolio and even then that one is basic and ugly.


I missed out on 2 years of DRIP since I joined IG and I am now losing hope and beginning the process of finding a better alternative. I am willing to pay a little more commission (I don't trade often) in favour of having all the useful and necessary features in a self-respecting Trading platform.


When I mentioned what IG is missing and the lack of the DRIP or decent dashboard, my friends laugh really hard at me and ask why am I still there....



  • Like 1
Link to comment
On 23/10/2018 at 08:42, PandaFace said:

That thread you link to explictly states the reason for closing it and suggested that people open a new thread with a new request to continue the discussion... 

I’m all for DRP functionality but I’d probably draw the line at moaning for the sake of it.

That is how you would like to interpret my message. Free society. I won't try to make you change your hasty judgement about my message being baseless moan.


I have every right as a user of IG to voice my frustrations. That is AFTER I have reached out to them directly by phone and email to ask for their commitment to improve their product and remain competitive. And of course you wouldn't know that I went into great length to have a friendly chat with IG and provide my feedback as a new investor who migrated from II two years ago. They said they took my feedback and on board and passed it on to their  Product teams.


Now, I have every right to demand an update and to be frustrated when nothing is heard back other than the same tired updates for 2 years. I much prefer a conservative but honest feedback saying no time line, could take years. This helps me decide to stay or leave..


When you keep saying, it is happening in months or by end of year or by Xmas, then it is creating false hope and ensuring we foolishly decide to stick it out a bit longer.


So please spare me your harsh, hasty and baseless judgment. I have done my fair bit of raising opportunities for improvement as a new comer behind the scenes and If I want to moan now after 2 years while deliberating and deciding what to do, then so be it.  So far I only have a counter moan from you and you have nothing useful to add.


For your info, I actually bothered to list the problems in my thread for the benefit of IG Staff in case they want to know what is lacking. It is not all moan.


Keep your judgement to yourself if you have nothing better to add.



Link to comment

Back to the topic at hand..


I am doing my research now. I am interested to hear what your top 3 alternatives are and the features that made you or are making you want to leave IG? (perhaps I should move this to a new thread but keen to hear from the leavers due to DRIP )


II (formerly TD) is my main contender as I have been with them before

Most important features to me:

- DRIP (obviously)

- Better reporting  dashboard / analytics into my portfolio (better UI too)

- Monthly regular (auto) investment into my ISA portfolio (no, not smart or managed portfolio but shares bought equally into few stocks of my choosing)

- Easier way for setting Stop losses or Take profit points (not the fiddly way I do it here. I covered this in a separate thread)


Edited by theshidoshi
Link to comment
  • 4 weeks later...

Hi @Caseynotes

Thanks for your reply. I totally understand what you're saying.  It is really frustrating


IG is a large provider and much smaller competitors managed to comply with regulations and continue to develop and add features. 

Can we really afford to stay a few years longer with lost opportunities to reinvest and use the power of compounding?

I am sure you can calculate what your gain would have been over the years I have been with IG if my ISA portfolio was compounding rather than pay me out the dividends of those companies.

They need to give us a decisive answer so we can make a  decision to stay or go. If they say a by this or that quarter, great, we may stay. if they are unsure and it actually takes a few more years, then I will take the money elsewhere.

How can they not know when they plan to release something? At least tell us some promising news like (here is the beta site in non-production so you can almost smell what is coming, hang in there).

That I would believe. Not the fairy and vague comments they made in the forum for the past few years.


Thanks for putting up with my post. I am sure I am voicing the frustrations of many, not just mine.

Link to comment

Delving into my own research into IG and DRP. This is the latest active thread that I have read and it seems every post, over the months and years gone by, a straight answer is dodged every time.

"...I am fairly certain that DRP addition is a major priority..."? If it was a major priority would you not be certain? Would IG not provide details?

I have only just started my investment portfolio, so I am not that much money in yet. But if IG can not provide a straight, clear cut answer on DRP development and its rollout, I'll take me money elsewhere before I am so many commissions in without the prospect of a compounding portfolio.


Is it working on DRP? Yes or No?

Will it be rolled out this financial year? Yes or No?

Link to comment
  • 2 weeks later...
  • 2 weeks later...
On 01/12/2018 at 18:39, CBez said:

@JamesIG Is there any way we could get an answer on this?  It looks like the conversation was started 18 months ago and is yet to be resolved.  I think I will be moving like so many others if it is not sorted in the near future. 

IG refused to answer this question in many posts and I have also called them. After Xmas I will be taking my ISA investments elsewhere. I have phoned a few competitors and they have both features that IG is lacking, DRIP and ultra-low cost automatic investing within my ISA (stocks or ETFs).


This really makes a huge difference in terms of lost opportunities and compounding. 

Link to comment
  • 11 months later...


On 18/11/2019 at 19:58, Guest Rodrigo said:

IG WHERE IS THE DIVIDENDS DRIP program that is such a deal breaker. Could you please sort this out or I’m to change my money to other broker 


I will be contacting our corporate actions team about who can push this. I think it's a great idea that a lot of clients want. I will update on this stream. 

Apologies for the delay in this project. 


Link to comment
  • 1 month later...
Guest Danny M
On 20/11/2019 at 14:07, CharlotteIG said:



I will be contacting our corporate actions team about who can push this. I think it's a great idea that a lot of clients want. I will update on this stream. 

Apologies for the delay in this project. 


HI @CharlotteIG,

This topic keeps getting brought up time and time again, but the customers have still not had a response as to whether it will ever be implemented in the future.

I'm sure that this is a real deal breaker for many existing and new investors a like.

An update on the progress of the project would be appreciated by all that are following this topic.


Link to comment
  • 1 month later...
  • 4 months later...
  • 11 months later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 25/01/22 07:45
  • Posts

    • Hi @ecou Natural gas prices retreated sharply on Wednesday as U.S. traders positioned themselves ahead of Thursday’s eagerly awaited inventories report. The current street consensus is predicting a 173 Bcf (billion cubic feet) draw from U.S. stockpiles, as cold weather batters the Midwest and the Northeastern sections of the United States. Wednesday’s decline saw natural gas futures close below the key 200-day moving average, potentially hinting at more pain for LNG (liquid natural gas) in the days ahead. However, price was able to hold above the key psychological $4.00 level, which could act as near-term support and fend off any potential drops. Despite the cooldown of natural gas prices throughout the second half of 2021, energy prices remain top of mind for politicians in Washington. In a press conference on Wednesday, President Joe Biden reaffirmed his commitment to getting more oil supply to the market. This comes as WTI and Brent crude continue to power higher above $85/bbl. Despite a relatively mild winter, risks remain for LNG. Bouts of colder weather and a relatively tight supply could exacerbate any price increases over the coming weeks. Global LNG prices also face significant pressure from the ongoing situation in Eastern Europe. The Nord Stream 2 Pipeline continues to be the center of attention, with many Western nations hinting at blocking completion of the project should Vladimir Putin elect to invade Ukraine. NATURAL GAS FUTURES DAILY CHART Chart created with TradingView European natural gas prices retreated Wednesday as well, as rumors spread that supply from China could saturate the markets in the near-term. European LNG futures fell by as much as 8.6% as Sinopec is rumored to be willing to sell numerous cargoes of LNG. Fresh supply for Europe could help alleviate growing price pressures across the continent, as prices more than tripled for some consumers in 2021. Overall sentiment in the space remains weak, with geopolitical tensions and the prospects of increased global supply weighing on price.   Jan 20, 2022 |  Brendan Fagan, Intern  |   DailyFX
    • Early Morning Call: Markets recover; gold at 6-week highs; and earnings continue Buyers step in from Monday’s deep lows, but 24-hour markets remain under pressure; Europe may open higher, but downdraught continues. Gold rises as Ukraine tensions rise, oil also up. And earnings today: MC, MSFT, AMD, JNJ. https://www.ig.com/uk/market-insight-articles/early-morning-call--markets-recover--gold-at-6-week-highs--and-e-220125   This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
    • Hi all, Got a successful trade on my demo account.  Looking at NG to continue its upward trend to move back above the 50MA and 100MA and eventually retest 4000. Opened a position at 3825 with stop loss at 3740 and a target of 3965 (not ideal risk/reward ratio sadly). Position opened after moving above the 50MA. Went above the 100MA, fell back, then pumped back above the 100MA during the 7pm high volume spike, I closed the position at 3915 for £225 (£2.50/point).  Upward trend looks to continue setting higher highs and higher low on the hourly since Thursday.
  • Create New...