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Dividend reinvestment plan (DRIP)

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Hello IG Community,

Can anyone advise - is it possible to set up automatic divided reinvestment on normal share dealing accounts and stocks and shares ISAs on IG and if so how would I do this?

Thanks for your help!

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@Invis,

The amount of times this question has been raised is beyond ridiculous. Lots of other investors have raised this very same issue. 

At this moment in time you cannot set up a DRIP with IG. 

I would like to see investors conduct some research and if they require a DRIP facility to establish beforehand that the broker they are choosing offer this service and not make any assumptions. For example there are many brokers that do offer this service and therefore it is not difficult to establish which do and which do not. 

Spending time researching prior to making a decision on which broker to use would eliminate a lot of investors even having to ask this question.

Choosing the right broker is also an important part of the investment / trading plan. 

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Guest Rodrigo

I would like IG to have dividends dripping program? Is that possible? 

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On 18/11/2019 at 19:53, Guest Rodrigo said:

I would like IG to have dividends dripping program? Is that possible? 

As mentioned in the previous forum, I will contact 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 the other forum.

Apologies for the delay in this project. 

Thanks

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