Your capital is at risk. The value of your investments can go down as well as up. You may get back less than you invest.
IG Invest Offer Summary
Deadline: 31/05/2026. Complete your sign-up before this date.
About IG Invest
Commission-free UK stock trading with interest on cash balances. Trusted by 2M+ investors worldwide. No custody, trading, or inactivity fees.
Scrimpr Pro Tip
This is a tiered offer, not a flat percentage — cashback jumps at fixed thresholds. The sweet spots are transferring exactly £20,001 (£250 for a quid over the line), £50,001 (£500), £100,001 (£1,000), £250,001 (£2,000), £500,001 (£3,000), or £1,000,001 (£5,000 max). Transferring £19,999 gets you £100; one pound more gets £250. Any withdrawals during the 12-month qualifying period (until 31 May 2027) reduce your net transfer value and could drop you into a lower tier — or below the £10,000 minimum, leaving you with nothing. Use promo code TRANSFER5000. Transfers from Freetrade are excluded.
How To Get This Deal
Step 1 — Open an IG Share Dealing Account
Must be a new GIA, ISA, or SIPP opened between 24 April and 31 May 2026 using promo code TRANSFER5000 (or have been contacted directly by IG). UK resident, 18+ only.
Step 2 — Submit your transfer form
Complete IG's online transfer form by 23:59 on 31 May 2026. Minimum transfer value £10,000. For share certificates, complete the Certificate Transfer Form and Crest Transfer Form instead. Freetrade transfers are excluded.
Step 3 — Transfer completes
Your assets must be registered in your IG account by 31 July 2026. IG isn't responsible for delays from your old provider.
Step 4 — Hold your investments
Maintain at least one open position from 31 May 2026 until 23:59 on 31 May 2027. Withdrawals during this 12-month qualifying period reduce your net transfer value and could drop you into a lower cashback tier.
Step 5 — Receive your cashback
A fixed cashback award based on your net qualifying transfer tier (£100 to £5,000). Credited to your GIA by 30 June 2027.
Costs & Fees to Know
| Cost | Amount | Avoidable? | How to Avoid |
|---|---|---|---|
| Stamp duty | 0.5% on UK stocks | no | unavoidable |
| Currency fee | 0.7% on non-UK stocks | yes | stick to UK stocks only |
| SIPP in-specie transfer fee | £250 | yes | transfer cash instead of stocks into SIPP |
| SIPP annual admin fee | £205/year | no | paid to Options Pensions (SIPP only) |
Important Information
- This offer is for new customers only.
- You must be at least 18 years old.
- Your capital is at risk. The value of your investments can go down as well as up. You may receive back less than you invest.
- Must open a GIA, ISA or SIPP between 24 April and 31 May 2026 using promo code TRANSFER5000 (or have been contacted directly by IG). Minimum transfer value £10,000. Transfer form must be submitted by 23:59 on 31 May 2026 and transfer completed by 31 July 2026. Must hold at least one open position until 23:59 on 31 May 2027. Cashback is a tiered fixed award based on net qualifying transfer value (transfers minus withdrawals during the qualifying period), capped at £5,000 for transfers over £1m. If withdrawals reduce your net qualifying value below £10,000, you receive nothing. If transferring cash into an ISA, you must place a trade in the same month the cash lands (or the following month if it lands on the last trading day). Cashback credited to your GIA by 30 June 2027. Cannot combine with other IG promotions. Transfers from Freetrade are excluded. SIPP transfers may incur a £250 in-specie fee and £205/year admin fee to Options Pensions.
The Bottom Line
A good transfer offer if you've got a meaningful portfolio sitting elsewhere — but the tiered structure means it really rewards larger transfers. £10k gets you £100 (1%), £50k gets £250 (0.5%), £100k gets £500 (0.5%), and you need to transfer over £1 million to hit the £5,000 cap. The sweet spots are transferring just over each threshold (£20,001, £50,001, etc.). The 12-month hold period (until end of May 2027) is long, and any withdrawals reduce your cashback or could wipe it out entirely if your net drops below £10k. IG's free trading and no custody fees mean no ongoing cost drag. Best for investors with £20k+ who can commit to IG for at least a year. Freetrade users are excluded.
Frequently Asked Questions
The sign-up bonus is free, but you'll need to deposit and invest at least £9,999. Your invested capital is at risk — you could lose some or all of what you put in.
Timing varies — check IG Invest's terms for specific details. Make sure you've completed all required steps before expecting your reward.
You can typically sell your free shares and withdraw the proceeds after any holding period. Check IG Invest's terms for specific withdrawal rules and any lock-up periods.
This offer is for new customers only. If you've previously held an account with IG Invest, you're unlikely to qualify.
You will be directed to IG Invest's website. T&Cs apply. Your capital is at risk.
This page is for information purposes only and does not constitute financial advice. Offers are subject to availability and may be withdrawn at any time. Always verify current terms directly with IG Invest. The value of your investments can go down as well as up.