IG Fees & Spreads (2026)
Rated 4.7/5 overall
- Spreads from
- 0.9 pips
- Spread type
- Variable
- Commission
- 0
- Maximum leverage
- 1:200
Fees score 4.6/5 - #5 of 49
IG ranks #5 for fees among the 49 brokers we track, scoring better than 69% of them.
No deposit required
Minimum deposit is $0, so you can verify these costs on a small account first.
Our analysis of IG's fees
IG is competitive on major forex pairs and around average elsewhere. Pricing on the standard account is built into the spread, the small gap between the buy and sell prices, with no separate commission.
| Market | Typical spread or cost |
|---|---|
| EUR/USD | From 0.6 pips (around 0.9 on average) |
| GBP/USD | From 0.9 pips |
| US 500 (S&P 500) | From 0.4 points |
| Gold | From 0.3 points |
| Forex Direct (DMA) | Around 0.55 pips plus commission |
How IG's forex costs compare
| Broker | Avg. EUR/USD spread | Commission per lot (round-turn) | Cost per lot |
|---|---|---|---|
| IG (standard) | 0.9 pips | None | $9.00 (0.9 pips) |
| Saxo | 0.6 pips | None | $6.00 (0.6 pips) |
| Pepperstone (Razor) | 0.1 pips | $7.00 | $8.00 (0.8 pips) |
| IC Markets (Raw) | 0.1 pips | $7.00 | $8.00 (0.8 pips) |
IG's all-in cost is higher than that of the cheapest direct-access and ECN brokers, which is the trade-off for its breadth and platform quality.
Non-trading fees
| Fee type | Fee |
|---|---|
| Account fee | None |
| Inactivity fee | $12 per month after 2 years of inactivity |
| Deposit fee | None |
| Withdrawal fee | None |
| Currency conversion fee | 0.5% mark-up when funding or trading in a currency other than your base currency |
| Overnight funding fee | 1.5%, added to the underlying rate |
The cost that matters most to longer-term traders is overnight financing, a fee for holding leveraged positions past the daily cutoff. IG’s overnight funding fee is 1.5%, making it noticeably more expensive to hold CFD positions for several days.
Bottom Line
IG is fair value rather than the cheapest. Forex spreads are competitive, and non-trading fees are low, but overnight financing is steep for multi-day positions, and scalpers will pay less at a specialist such as Pepperstone.
More on IG
70% of retail FX and CFD accounts lose money.