Other Information
Further notices concerning spread betting with IG Index.
Third-party transactions
Customers should note that, other than in highly exceptional circumstances, we will only accept payments into accounts held with us from the account holder. Similarly, all payments out of an account held with us must go back to the account holder.
United States customers
Under existing US legislation, we are unable to enter into spread betting transactions with US residents.
US Customers are defined as:
- any natural person resident in the US (other than on a short term basis); or
- a corporation or partnership incorporated or organised in the US, but excluding an offshore branch or agency of a US person that operates for valid business reasons and is engaged and regulated as an insurance company or bank; or
- a branch or agency of a foreign entity located in the US; or
- a trust of which the trustee is a US person, unless a non-US person has or shares investment discretion; or
- an estate of which a US person is the executor or administrator, unless the estate is governed by foreign law and a non-US person has or shares investment discretion; or
- any account held for the benefit of a US person.
In general, the information on the site is not directed at residents of the United States or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. It is the responsibility of visitors to this site to ascertain the terms of and comply with any local law or regulation to which they are subject. Whilst IG Index has made every effort to ensure the accuracy of the information on this site, the information is subject to change, often without notice. It is for guidance only and no liability is accepted by IG Index for its accuracy or otherwise.
Out-of-hours transactions
If you wish to transact with IG Index outside UK business hours, our acceptance to your offer to place that bet may be given by persons in Australia who are employees of IG Group's Australian subsidiary IG Australia Pty Ltd (ACN 096 585 410).
If this happens:
- The offer, any resulting bet (if any) and any other financial services provided to you by employees of IG Australia will be regulated by the relevant UK laws;
- IG Index and IG Australia are exempt from the requirement to give you a Product Disclosure Statement in respect of the offer to place the bet and the resulting bet (if any);
- IG Index will take responsibility, and be liable, for all conduct of IG Australia and employees of IG Australia, whether or not that conduct is within the scope of the authorisation given by IG Index to IG Australia;
- IG Index will be exempt from the requirement to maintain membership to an Australian external dispute resolution scheme that covers complaints from you about financial services provided in Australian by either IG Index or IG Australia;
- The regulatory system and the compensation arrangements that apply to IG Australia and its employees when providing services to you may be different from the regulatory system and compensation arrangements that apply to IG Index in the United Kingdom;
- The charges, remuneration and commission receivable by IG Index will not differ because of your involvement with IG Australia. The applicable charges, remuneration and commission are set out in the customer agreement between IG Index and you and such other documents that we may direct you to
For your information, IG Australia's registered address is: Level 7, 417 St Kilda Rd, Melbourne, Victoria, Australia. IG Australia is an authorised representative of IG Index, such relationship being registered with the Australian Securities and Investment Commission (Authorised Rep No 222717).
Please note that information on this page is intended as a guide only. For full details of your contract with us please see the Customer Agreement.