Following on from its headline-grabbing £200 free share bundle offer, popular trading app IG is now giving away cold, hard £200 cash to new customers instead of free shares.
Open a new IG account. 👤
You'll need to do this by 31 December 2025 and you can't have previously held a share dealing account with IG.
Deposit funds to the acount. 💳
Fund your account with at least £50 by bank transfer or a debit card payment.
Place a first trade of at least £50. 🛒
Once again, this needs to be done by 31 December. You're obviously free to trade more if you want!
Keep your trading account active until April ⏳
Either hold your initial investment until at least 31 March 2026, or if you sell it you'll need to place another and keep your investment balance on or over £50.
Receive your cashback 🎉
By 30 April 2026, IG will award you 10% of the daily average invested value of your account between 21 November and 31 December 2025 (up to a £200 maximum).
If that’s put you off, check out more free-share deals. Otherwise, let’s go through those “need-to-knows” one-by-one.
You must live in the UK, be over 18, and you cannot previously have traded in a GIA, ISA or SIPP with IG . Yes, that is rather a lot of abbreviations.
Specifically, the dealine is 11.59pm on 31 December 2025, just before the New Year. You can open an IG account within just a few minutes, and providing it’s with market hours, placing a commission-free trade is near-instant too. Sometimes IG does extend its offers, but you can’t bank on that.
This means you’ll need to actually buy some stocks or ETFs. The good news is that share dealing on IG is commission-free, but expect to pay stamp duty of 0.5% if you opt for a UK stock, or a 0.7% FX fee if it’s not a UK stock.
You’ll need to hold your initial investment (i.e. not sell your shares) until at least the end of March 2026. During that time, its value could go up or down.
IG’s custody fee is £24 per quarter, but it’s waived if you’ve made three or more trades over the quarter. You’re also automatically exempt from this fee if you invest £15,000 in an IG Smart Portfolio account.
It’s important to note that the value of any shares or ETFs you buy could go down as well as up. If the market moves against your first trade, IG will still honour this 10% cashback deal (up to a £200 maximum reward) if the value of your investment falls purely due to market conditions.
Your 10% cashback will be credited to your general investment account (GIA) (not an ISA or SIPP, if that’s what you opened) by the end of April 2026.
Both the £50 (minimum) first investment you’re required to make plus any other investments you decide to make can go up or down in value. That’s the nature of share trading.
IG is a comprehensive all-in-one investing platform, which has been around since 1974 and has over 300,000 clients to date. IG caters to beginners with its “IG Invest” app and more experienced investors with its flagship trading platform, offering a wide range of investments and ready-made portfolios.
IG is also now commission-free and gives you access to plenty of trading tools and access to various accounts.
You can check out our full review of IG if you want to learn more.
IG’s up to £200 cashback offer is great if you’re new to the platform and you plan on making a few investments in the first quarter of 2026. It’s a good way to dive into IG’s extensive 0%-commission investing platform. Getting up to £200 worth of free cash is a strong incentive. Just make sure you understand and are happy with the need-to-knows outlined above – especially that custody fee.
If you don’t like this deal or if you miss out because you weren’t quick enough to take it up (don’t say we didn’t warn you), here are some alternative deals to check out:
Get free shares up to £100
Earn 4.52% AER variable tax-free with Finder's link
Sign-up welcome bonus of £20-£100. (deposit £100)
Free stock worth £10-£100 (deposit £50)
Get $15 of US fractional shares
Earn 4.35% on uninvested cash
Invest up to £5,000 in overseas stocks with no FX fees
Free currency conversion up to £10,000 in your stocks & shares ISA
Refer a friend and get up to £100 each
Finder has partnered with Finimize to offer in-person tickets to its Modern Investor Summit on 3 December 2025.
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