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Kevin Scott_ Jenkins

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IG fees explained: are there hidden charges on CFDs or forex?

IG is transparent about its fee structure. Main charges include spreads on forex pairs, commissions on shares, and overnight financing rates for leveraged positions. There are no hidden deposit or withdrawal fees from IG itself. However, clients should be aware of potential bank or PayPal charges, which are external. IG does impose a £12 inactivity fee after 24 months of no trading activity — though this is clearly disclosed. Financing costs vary depending on position size and market interest rates. For active traders, these charges are standard across the industry. Importantly, IG provides a detailed fee calculator on its website, allowing clients to preview costs before trading. This level of clarity differentiates IG from less reputable brokers, where “hidden charges” often erode profitability. Most reviewers conclude that IG’s fees are fair and transparent for a regulated broker of its size.

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