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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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.
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CFD, share dealing and stocks and shares ISA accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957) and IG Index Ltd (a company registered in England and Wales under number 01190902). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. Both IG Markets Ltd (Register number 195355) and IG Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority.
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Question
Hendrik0001
hi all
can anybody give me an answer on this question ...i have an international account with IG in which I deposit SA rand and convert it to USD in order to trade CFD on US markets.
I have opened a second account to trade forex and deposit some of the us dollars in order to trade...my q is .will I be able to trade forex through the IG mt 4 platform as a SA citizen or not..and if not how can I manage to do it?
I am not sure but remember speaking to someone at IG telling me forex trading not allowed for SA citizens through the IG platform.
Edited by Hendrik0001Link to comment
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