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Inactivity fee at IG

Your expert
Gyula L.
Fact checked by
Tamás D.
Updated
Jan 2024
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Does IG charge an inactivity fee as of January 2024?

Yes, IG charges an inactivity fee.

Inactivity fee conditions at IG are the following: $/£12/€14 per month after 2 years of inactivity.

The inactivity fee charged by IG is considered low, so if you otherwise find its fees and services attractive, it shouldn't alone deter you from opening an account.

IG main highlights
💰 IG inactivity fee Yes
💰 IG withdrawal fee $0
💰 IG minimum deposit $0
📃 IG deposit methods Bank transfer, Credit/debit cards, PayPal
🗺️ Country of regulation UK, EU, Switzerland, USA, Singapore, Japan, South Africa, UAE, Australia, New Zealand
🎮 IG demo account provided Yes

Data updated on January 7, 2024

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

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IG is available in the United States

What is inactivity fee and when is it charged?

My key findings in a nutshell
Gyula
Gyula Lencsés, CFA
Stock Market Maestro | Stock Market • Investment • Market Analysis

I've thoroughly tested IG services with our analyst team by opening a real-money account and these are my most important findings:

  • The inactivity fee is an important non-trading fee for long-term investors
  • Brokers usually charge an inactivity fee if you fail to use your account for a longer period
  • IG charges an inactivity fee

Broker fees can make a big difference in the overall performance of your investments, and there's nothing more annoying than an obscure fee item suddenly appearing out of nowhere. Inactivity fees are one of those cost items that can pass under the radar and cause a headache for long-term investors.

What is an inactivity fee? An inactivity fee is charged by some brokers if you fail to trade or otherwise use your account for an extended period. In most cases, it kicks in after one year, after which you have to pay it on a regular basis until you start trading again. Check terms carefully: at some brokers, you can dodge the inactivity fee by simply logging in to your account.

To read more about possible expenses you may face as a long-term investor, check out our summary of the most common brokerage fees.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

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Further reading

Author of this article

Gyula Lencsés, CFA
Gyula Lencsés, CFA

Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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