Compare the Best IG Online Investment Brokerages in Singapore 2025

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We found 1 IG Online Brokerage for you!
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IG

Min. Funding

S$0

MoneySmart Exclusive
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IG

Min. Commission Fee US Stocks
US$10
Min. Commission Fee SG Stocks
S$10
Min. Funding
S$0

[FLASH DEAL | MoneySmart Exclusive]
Get S$188 UPSIZED Cash via PayNow when you open, fund a min. of S$1,000 within 1 deposit and execute 1 CFD transaction with IG. T&Cs apply.
  
[IG Promotion]
Kick-off your trading journey with a chance to win an all-inclusive Premier League Finale experience when you open a new account and perform just 1 trade. T&Cs apply.
  
Plus, enjoy a welcome bonus of up to S$888 when you open an account, fund min. S$2,000 and trade CFDs with IG. T&Cs apply.

Valid until 28 Feb 2025 - See more details below
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IG

IG Singapore is an online brokerage with a focus on CFD trading in Singapore, such as forex, indices, cryptocurrencies, shares, commodities, options, bonds, and ETFs. No minimum funding is required to open a trading account, and commission fees start from 0.2 spread on CFD indices, and 0.1% on Singapore CFD stocks and ETFs. CFDs are leveraged products that are best suited for experienced traders.

What is IG?

IG UK is a London-based trading company founded in 1974. IG Group is listed (LON: IGG) on the London Stock Exchange (LON: LSE), and is part of the FTSE 250 Index. Today, IG is present in 16 other countries, including Australia, Zurich, Italy, France, India, China, Japan, Singapore, and more.

IG Singapore

IG Singapore is located on the ground floor along 9 Battery Road, MYP Centre – open from 8 am to 5:30 pm, Mondays to Fridays. You can also reach the IG customer service hotline at +65 6390 5118.

Products

Trade Contracts For Difference (CFDs) across 13,000+ markets–including 90+ forex pairs, 10,000+ shares, 30+ indices, 30+ key commodities, 15 major cryptocurrencies, options, knock-outs, futures, and more.

IG Singapore Fees and Charges

Spreads and Commissions

At IG Singapore, spreads start from 0.1 on CFD indices, 0.6 on CFD forex, 0.3 on CFD commodities. For CFD US shares, commissions start from $0.02 per share (minimum US$10).

Account Transfer Fee

If you are transferring your trading account to or from IG Singapore, all transfers are free of charges. The transfer process takes approximately 2 weeks to be completed.

Summary: IG Singapore Trading Fees and Charges

IG Singapore Trading Fees
Shares CFDs (SG, UK Euro)0.10% commission ($10 minimum charge)
Shares CFDs (US)$0.02 per share ($10 minimum charge)
Indices CFDs (SG)0.1 minimum spread
Indices CFDs (US)0.4 minimum spread
Forex CFDs 0.6 minimum spread
Commodities CFDs0.3 minimum spread
Account Opening FeeS$0
Overnight FundingVaries
Inactivity FeeS$0

IG Trading Platform

IG Singapore offers a variety of trading platforms suitable for both amateur and professional traders alike, ranging from the universal IG desktop trading platform, to mobile apps, and specialised tools such as ProRealTime and CFD-specific trading platforms such as MetaTrader 4.

IG Trading Platform

IG Singapore offers a variety of trading platforms suitable for both amateur and professional traders alike, ranging from the universal IG desktop trading platform, to mobile apps, and specialised tools such as TradingView, MetaTrader 4, and ProRealTime.

Specialised Platform Tools

If you are a professional or seasoned CFD trader, you will be able to customise your IG desktop and mobile trading platforms with add-on subscription features such as the advanced charting tool, ProRealTime, the FX-friendly platform, MetaTrader4 (MT4), or the L2 Dealer platform for direct market access (DMA). In addition, you can link TradingView to your IG account, and place trades directly from TradingView's charts.

How to Open a IG Singapore Account

To open an IG Singapore trading account online, scroll up to click on the IG Singapore bubble to start your application process with preferential promotions and access to customer support. Otherwise, you can visit the IG Singapore website and click on “Create a Live Account”

Step 1

Apply for CDP

If you are new to trading or investing in shares in Singapore, it will be good to first set up your CDP (Central Depository) account offered by the SGX (Singapore Exchange Limited). A CDP account helps to hold the securities you have purchased and legally own. The CDP is regulated and supervised by the MAS (Monetary Authority of Singapore). To open a CDP account, whether an individual or joint account, visit the SGX website.

Step 2

CDP or Custodian

When trading CFDs, you do not actually purchase nor legally own the asset in question – and you therefore do not need a Central Depository (CDP) account to trade CFDs. So, when opening an account with CFD traders such as IG, you will naturally not find options to link your CDP account to your trading account.

Step 3

Apply Online

To open an IG Singapore CFD trading account, scroll up, click on the IG Singapore details page and you will be able to sign up for an account instantly. Alternatively, visit the IG Singapore website, choose between a personal or corporate account, and select “Create your account”. You will have to fill in an online form, get instant verification, fund your account, and start trading.

Step 4

Fund

To fund your IG Singapore trading account, you must make a credit card, debit card, bank, or cheque transfer from a bank account registered under your name. A PayNow or FAST bank transfer will take 2 hours to process on weekdays, working hours. A TT will take 1 business day for local transfers. Credit or debit card transfers made via Visa or Mastercard will be immediate but will incur a 2.3% levy.

Step 5

Learn to Trade

IG Singapore offers an IG Academy on their website with materials for both amateur and experienced CFD traders. You will find free online courses, live sessions such as webinars and seminars held by experts, beginner courses such as “How does trading work”, and introductory tutorials to the IG Singapore trading platform to learn to place a trade.

Step 6

Your First Trade

How to place a trade on IG Singapore’s trading platform? You will need to first click on a market to open the trade ticket to view the live buy and sell prices, spreads, and deal size. Next, fill in the deal ticket with your deal size, currency, and other trade actions and parameters. Finally, click on “Order” to open your position. You will be able to switch on alerts to receive notifications when your trade ticket’s conditions have been fulfilled.

IG Singapore Deposit and Withdrawals

What is IG Singapore minimum deposit for opening a trading account? How much money do I need to fund my account? Also, how do I close my IG Markets trading account in the future? These are some questions that we all have while considering an online brokerage. Fret not, we have it all covered here.

Minimum Deposit

IG Singapore does not require a minimum deposit. However if you are funding with a debit/credit card, you will be required to make a S$450 minimum deposit, or the equivalent in the currency of your account.

Close IG Singapore Account

How to close your IG Singapore account? To close your IG Singapore account, first close all your positions, withdraw all funds from your trading account, and clear any outstanding payments. Next, you will be required to email the IG Singapore help desk from your registered email account.

IG Trading Products

IG Markets Singapore
IndicesOver 30 indices markets worldwide
ForexOver 90 major, minor, emerging, and exotic currency pairs
SharesTrade 10,000+ international CFD shares
CommoditiesAccess to 30 key commodity markets
CryptocurrenciesAccess to 15 major crypto CFDs
Knock-OutsBull and bear knock outs across FX, stock indices, commodities, shares
Digital 100sLadder, Up Down, One Touch, Target, Hi Lo, Tunnel across indices, FX, commodities, futures
ETFsChoose from over 5,400 CFD ETF markets
SGD-denominated indicesAccess 11 stock indices, 3 commodities
OptionsAccess to options on major indices, FX, etc.

IG Singapore News and Research

Access major market news, and events from IG Singapore website’s “News and Trade Ideas” section, trading strategies for options, hedging etc. from the “Strategy and Planning” section, key global financial and political events from the “Financial Events” section, and company reports and announcements from the “Economic Calendar” page. You can also have all these market news delivered to your email inbox.

Trading for Beginners

If you are new to CFD trading, IG Academy offers free online courses, webinars, and seminars by IG experts introducing the fundamentals of financial markets, trading, and practical tutorials such as placing your first trade on the IG trading platform. You will also find a comprehensive IG Glossary of trading and investing vocabulary.

Trading Strategies

For experienced CFD traders, you will find IG Markets’ risk management tools, free demo account, in-depth explainers of trading profits, transaction fees, trading style, and the “CFDs: A Trader's Guide'' eBook helpful.

IG Markets Help Desk

To contact IG Singapore’s customer service, call +65 6390 5133, available 24/5. Alternatively, you can email the help desk, or visit the Singapore office along Battery Road.

IG Singapore Summary

IG Singapore is best for experienced traders with a niche for trading CFD forex, indices, cryptocurrencies, shares, commodities, options, bonds, and ETFs. The IG Singapore trading platform is available on both web and mobile, and may be integrated with specialist and charting platforms such as MetaTrader 4 (MT4), ProRealTime, and other web APIs such as the representational state transfer (REST) API, or streaming API. A FIX APIs are available for institutional traders as well. If you are a beginner trader, IG Singapore education and learning materials will be helpful for you: tutorials on how to use the IG Singapore trading platform, free trading courses and webinars on the IG Academy, discussions on the IG Community forum, live bidding and offering prices on popular markets, and IG global team of experts’ live Reuter and Twitter feeds.

Commonly Asked Questions

How does IG work?

IG Singapore is an online brokerage headquartered in London and is present in 17 countries, including Singapore where it is authorised by the Monetary Authority of Singapore (MAS). Its web and mobile trading platform is suitable for both beginners and professional traders. Experienced individual, professional, and institutional traders may trade CFDs (contract for differences), spread betting, and forex on IG Singapore trading platform. If you are new to the IG Singapore trading platform, you can sign up for a demo account or visit the website for tutorials.

How much does IG Singapore charge per trade?

IG Singapore charges a commission fee per trade, starting from 0.2 minimum available spread on CFD Indices, a flat 0.10% on Singapore CFD stocks and ETFs (minimum S$10), and $0.02 per share on US CFD stocks and ETFs (minimum US$10).

What is the minimum deposit for IG Singapore?

IG Singapore does not require any minimum deposit if you are looking to open a trading account if you are funding your account via bank transfers. However, you may be required to make a S$450 minimum deposit if you are funding your account via debit/credit card.

Can I trade gold on IG Singapore?

You can trade gold on IG Singapore, along with other precious metals such as silver, platinum, and palladium with ETFs (exchange-traded funds) or leveraged products like CFDs (contract for differences). You will also be able to view real-time spot gold, spot palladium, and spot platinum prices on IG Singapore.

How to use IG Singapore Trading Platform?

To use the IG Singapore trading platform, login to your IG Markets trading account, and click on the left hand menu to view markets, positions, and orders. You will then be able to save your preferred watchlists and markets by selecting the “Add to Workspace” option on the top right corner of your screen. To place a trade on the IG Singapore trading platform, view a deal ticket to see live buy and sell prices, minimum deal size, and spread. Enter your deal size, currency, and close conditions. Finally, click on “Order” to set your position open. If you are new to IG Markets, visit the IG Markets help and support website to access step by step tutorials and guides.

How to Buy Options on IG Singapore?

To buy and trade options on IG Singapore, you first need to create a live IG Singapore trading account online, request for access to activate your options trading feeds by emailing IG Singapore help desk or calling IG Singapore customer service hotline at +65 6390 5118.