samiracaruso
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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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IG refused a client with 22K AUD saving?
in IG Account Support - MyIG Help
Posted
Same thing here. It's ludicrous the lack of transparency. I wanted to create an ISA account, while submitting the application I receive a pop up saying I already have an account. I login and was just an old account I used for demo, I try to create an ISA account but it only let's me create a CFD account (saying I will be able to add more account types later), I go ahead and get refused. I email support and get told that based on my income/savings I do not qualify for leveraged accounts, I explain to them I am not interested in CFDs, just ISA share dealing. They say I can then open an ISA account, I reply explaining that since the CFD one still looks pending it won't let me open an ISA account. This is literally ridiculous! You put me to open a CFD account, I just wanted an ISA! Fix your website and let me trade.