IG Markets is giving new users up to S$168 for opening an account this September, plus 3% a year on the shares you hold in it. Here’s how it works and how to claim it.
What Is IG Markets?
IG Markets is an investing app from IG Asia Pte Ltd, licensed by the Monetary Authority of Singapore. You can buy stocks and exchange-traded funds (ETFs — funds that hold a basket of many stocks in one purchase) across six markets: the US, Singapore, Hong Kong, the UK, Japan and Australia.
There’s no commission, no platform fee and no settlement fee. Small exchange-level charges still apply on Singapore-listed trades (SGX clearing and access fees), and third-party fees can apply elsewhere. The minimum deposit is S$1, and you can buy fractional US shares from S$1.
One thing to note: the app offers the option to enable CFD trading, but you don’t need to. CFDs (contracts for difference) are higher-risk instruments that sit in IG Trading, a separate product. Everything below is about the IG Markets app only.
How to Get the S$168, Step by Step
The welcome bonus runs from 1 to 30 September 2026, for new accounts only, one reward per person. There are four things to do.
Step 1 — Open an IG Markets account. Sign up through the link below and download the app. Onboarding includes identity verification, the same as any MAS-licensed platform.
Step 2 — Deposit at least S$1,000 in a single transaction. It has to be one transfer, not several smaller ones adding up.
Step 3 — Make 3 buy trades of any amount. How fast you do this decides how much you get:
- Within 14 days of account opening → You get S$168
- Within 30 days of account opening → You get S$108
Step 4 — Maintain funds for 30 days. Your balance (Net Deposit) needs to stay at or above S$1,000 for 30 straight days from your deposit, so don’t withdraw below that during the window.
The bonus is paid in cash within 15 working days of you meeting every condition.
Optional: Step 5 — Make one trade a month. This keeps you qualified for the 3% a year of interest on whatever you hold in the app. You have the option of buying or selling the shares immediately, if you wish.
How the 3% a Year on Your Shares Works
This is separate from the welcome bonus and has no end date. IG pays 3% a year on the market value of the shares and ETFs you hold in the app — calculated daily, paid monthly in Singapore dollars, on top of whatever the shares themselves do.
- It applies only to shares and ETFs bought through the app, not to holdings you own elsewhere and not to cash.
- It covers your first S$50,000 of holdings, which works out to about S$125 a month at the cap.
- There’s no lock-in.
- You need one trade in a calendar month to qualify for that month. A buy or a sell both count, and there’s no stated minimum size — so even a S$5 trade on SGX should do it.
Frequently Asked Questions
Is the 3% p.a. guaranteed?
No. IG can change the rate at any time.
Is this a savings account?
No. It’s an investment account, so your capital is at risk and it isn’t a deposit. The 3% p.a. is interest paid on the value of shares you hold, not a guaranteed return on cash.
What happens if I withdraw before the 30 days are up?
Any withdrawal of the initial S$1,000 deposit during the 30-day window disqualifies you from the sign-up bonus.
Can I sell the shares after I’ve made my three buy trades?
Yes. As long as you continue to leave the funds in your account for the 30-day holding period.
Additional Resources
- IG Markets product page — fees, full eligibility and how it works
- IG Markets Welcome Bonus terms — the exact bonus conditions
The Bottom Line: Worth It If You'll Keep S$1,000 In for a Month
If you have idle cash waiting to invest, this is a simple place to begin. Setting up takes a few minutes and you can start small while you learn how everything works. Check IG’s latest terms before signing up — promotions and rates change.
IG Markets is offered by IG Asia Pte Ltd, licensed by MAS. Investing involves risk, including the possible loss of your capital. This is not financial advice — do your own research.
