Updated: 17 Sept 2025
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A Contract for Difference (CFD) is a type of derivative product that lets you speculate on the price movement of assets like shares, forex, or commodities without owning the actual asset. Instead, you enter into a contract with the broker – in this case, IG – to exchange the difference in the asset’s price from when you open to when you close the trade. While CFDs offer flexibility and leverage, they also come with commission fees, especially on share trades.
Here’s a quick summary of the typical CFD commission fees for IG Singapore:
Asset class |
Instrument |
Min. spread |
Indices |
SG blue chip |
0.1 |
FTSE 100 |
1 |
|
Wall Street |
2.4 |
|
Australia 200 |
1 |
|
Forex |
EUR/USD |
0.6 |
AUD/USD |
0.6 |
|
EUR/GBP |
0.9 |
|
GBP/USD |
0.9 |
|
Commodities |
Spot gold |
0.3 |
Spot silver |
2 |
|
Brent Crude oil |
2.8 |
|
US crude oil |
2.8 |
|
Cryptocurrencies |
Bitcoin |
36 |
Bitcoin Cash |
2 |
|
Ethereum |
1 |
IG offers a range of trading platforms to suit different experience levels and trading styles. The main platform is its web-based IG Trading Platform, which is beginner-friendly and equipped with essential tools like charting, risk management, and price alerts.
For more advanced traders, IG supports MetaTrader 4 (MT4) – a popular third-party platform known for its technical indicators and automation capabilities. You can also use ProRealTime, which provides sophisticated charting and analysis tools ideal for professional traders who rely heavily on data and trend forecasts.
Mobile traders aren’t left out either. IG’s mobile app is well-optimised, giving you access to real-time prices, alerts, and full trade functionality on the go.
IG Singapore offers a wide range of markets, accessible primarily through CFDs. This gives you the flexibility to go long or short, and to use leverage (with caution).
Here’s a complete list of products IG offers:
With over 13,000 markets available, there’s something for every trading style and strategy, whether you're bullish on gold or keen to explore electric vehicle-themed investments.
Click the "Apply Now" button on SingSaver to begin your journey with IG. Applying via SingSaver ensures you get up-to-date comparisons, potential rewards, and any exclusive signup bonuses that might be running.
Once redirected to IG's website, you’ll need to fill out a short application. This includes basic personal information, your employment and income details, and a short questionnaire on your trading experience. If you're a Singaporean or PR, using MyInfo via SingPass speeds up the process with instant verification. Foreigners may need to submit a passport and proof of address.
To start trading, fund your account using methods like FAST transfer, PayNow, or credit/debit card. FAST and PayNow are fee-free and usually instant. Do note that using a credit or debit card incurs a 2% processing fee. There’s no minimum deposit, so you can start with any amount you’re comfortable with.
IG’s customer service in Singapore is impressively robust. Their support team operates 24 hours a day from Monday to Friday, which is perfect for traders who need help during both local and global market hours. You can reach them via live chat, email, or phone, and responses are generally quick and helpful.
They also offer integrated digital support via their website and platform, where you’ll find a library of FAQs and how-to guides. For beginners, the demo account is a great tool to practise trading with $200,000 in virtual funds before committing real money. Meanwhile, advanced users can access specialist assistance or participate in community forums to exchange strategies and market insights.
Whether you're new to trading or an experienced investor, IG’s multi-layered support system ensures you’re never alone on your trading journey.
IG provides an execution-only service. The information in this page is for informational and educational purposes only and does not constitute (and should not be construed as containing) any form of financial or investment advice or an investment recommendation or an offer of or solicitation to invest or transact in any financial instrument. Nor does the information take into account the investment objective, financial situation, or particular need of any person. Where in doubt, you should seek advice from an independent financial adviser regarding the suitability of your investment, under a separate arrangement, as you deem fit.
No responsibility is accepted by IG for any loss or damage arising in any way (including due to negligence) from anyone acting or refraining from acting as a result of the information. All forms of investment carry risks. Trading in leveraged products, such as CFDs, carries risks and may not be suitable for everyone. Losses can exceed deposits.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
Limited time only: Receive a Dyson TP10 with no topup needed when you open and fund your IG account via SingSaver! T&Cs apply.