IBKR Index CFDs | Interactive Brokers U.K. Limited (2024)

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Interactive Brokers Group collects information from cookies and web beacons and stores it in an internal database. This information is retained in accordance with our Privacy Policy. This website uses the following cookies and web beacons:

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can configure your browser to block or alert you about these cookies, but certain areas of the site will not function properly. These cookies do not store any personal data.

Performance Cookies and Web Beacons

These cookies and web beacons allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information that these cookies and web beacons collect is aggregated and, therefore, anonymous. If you do not allow these cookies and web beacons our aggregated statistics will not have a record of your visit.

The website uses Google Analytics, a web analytics service provided by Google, Inc. ("Google"). Google Analytics uses cookies to help analyse how you use this website. The information generated by the cookie about your use of this website (including your IP address) will be transmitted to and stored by Google on servers in the United States. Google will use this information for the purposes of evaluating your use of the website, compiling reports on website activity for website operators and providing other services relating to website activity and internet usage. Google may also transfer this information to third parties where required to do so by law, or where such third parties process the information on Google's behalf. Google will not associate your IP address with any other data held by Google.

Functional Cookies

These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

Marketing Cookies and Web Beacons

These cookies and web beacons may be set throughout our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant advertisem*nts on other sites. They do not store personal information that could identify you directly, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies and web beacons, you will experience less targeted advertising. The website does not track users when they cross to third party websites, does not provide targeted advertising to them and therefore does not respond to Do Not Track ("DNT") signals.

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IBKR Index CFDs | Interactive Brokers U.K. Limited (2024)

FAQs

Does IBKR offer CFDs? ›

Yes, CFD trading is available at Interactive Brokers.

In this article, we'll walk you through the costs of CFD trading at Interactive Brokers and the type of CFDs you can trade.

How to trade CFDs UK? ›

  1. How CFD trading works. ...
  2. Opening a CFD account. ...
  3. Choosing a CFD market. ...
  4. Decide to buy contracts (go long) or sell (go short) ...
  5. Setting up and executing your order. ...
  6. Monitor and close your CFD trade.

Is IBKR available in the UK? ›

Yes, as Interactive Brokers is regulated by the SEC (Securities and Exchange Commission) in the U.S. and the FCA (Financial Conduct Authority) in the U.K., meaning customers' money is protected up to the value of £85,000 in the U.K.

Is Interactive Brokers insured UK? ›

Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme; products are only covered by the UK FSCS in limited circ*mstances. Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.

Can US traders trade CFDs? ›

No. CFD trading is illegal for US citizens and residents. Additionally, most CFD brokers don't accept US citizens or US residents as clients. CFDs are illegal in the US because they are an over-the-counter (OTC) trading product.

What is a CFD in IBKR? ›

A contract for difference (or CFD) is a type of derivative that gives exposure to the change in value of an underlying asset. This instrument allows traders to leverage their capital and provides all the benefits of trading securities without actually owning the product.

Is CFD allowed in UK? ›

FCA confirms permanent restrictions on the sale of CFDs and CFD-like options to retail consumers. Following consultation feedback, the Financial Conduct Authority (FCA) is confirming new rules restricting the sale, marketing and distribution of CFDs and CFD-like options to retail customers.

Is CFD trading legal in the UK? ›

You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFD trading in the UK is legal, although certain restrictions may apply if you are not a professional trader or if you choose to use leverage.

What is the best CFD trading platform UK? ›

Based on our analysis, the best CFD trading platforms in the UK are:
  • CMC Markets - Top CFD Trading Platform for Beginners.
  • Plus500 - Good CFD App with Risk Management.
  • City Index - Great Research and Education.
  • Admirals - Top CFD Forex Broker with MT4.
  • XTB - Good No Minimum Deposit Account.
Mar 20, 2024

Can I use a US broker from the UK? ›

US brokers that accept UK clients: Some US-based platforms welcome UK investors. These platforms may offer a wider range of US stocks and direct access to US markets but come with their own set of challenges, including potentially more complex tax obligations and the need for a US bank account.

What is the difference between IBKR and Ibkr global trader? ›

The Interactive Brokers' GlobalTrader app is a simplified version of our mobile platform that was designed for our global client base to easily trade stocks, options, and mutual funds in markets around the world.

How do I fund IBKR UK? ›

  1. Direct ACH Transfer from your Bank. One-time setup at your bank to link to your IBKR account. ...
  2. Link a New Bank Account. Link a new bank account for seamless deposits initiated at IBKR. ...
  3. Bank Wire. ...
  4. Online Bill Pay. ...
  5. Scan a Check. ...
  6. Mail a Check. ...
  7. Transfer from Wise Balance.

Is money in IBKR safe? ›

Client securities accounts at Interactive Brokers LLC are protected by the Securities Investor Protection Corporation ("SIPC") for a maximum coverage of $500,000 (with a cash sublimit of $250,000).

Can I trust Interactive Brokers? ›

The company has historically catered to institutional and high-volume traders, and IBKR continues to meet the needs of these customers, earning our top choice for best broker for advanced traders, international trading, algorithmic trading, and risk management, cash management, among other categories.

How much money is safe in Interactive Brokers? ›

Is Interactive Brokers safe?
RegulatorCentral Bank of Ireland and Central Bank of Hungary
Protection of financial assets$500,000
Cash safeguarded by deposit guarantee$250,000
Securities lending❌ Yes (opt-in)
Payment for order flow✅ No
1 more row
Mar 7, 2024

What is the interest rate for Ibkr CFD? ›

Note: *Index CFD interest is charged at a uniform rate of BM +/- 1.5% regardless of balance. Index CFD balances are not included in the determination of the applicable rate for Share CFDs.

Do professional traders use CFDs? ›

CFDs offer flexibility, leverage and cost effectiveness to institutional, professional and non-professional traders alike.

On which market can CFDs be traded? ›

The FX market is suited to CFDs and leveraged trading due to the relatively small price movements that occur in these markets.

Does TD Ameritrade offer CFD? ›

Can you trade CFDs at TD Ameritrade as of January 2024? No, unfortunately, CFD trading is not available at TD Ameritrade. If you're looking for a CFD broker with low fees, a broad product selection, and favorable account opening and funding conditions, check out our list of the best CFD brokers in your country.

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