How to withdraw money from IG Investment (UK guide)

Disclaimer: The information in this article is for reference purposes only. Wise does not offer to buy or sell stocks, and all information on this page should not be considered financial advice. All investment decisions should be made after thorough research and consultation with a qualified financial advisor. Remember that investments, even in low-risk funds, are never guaranteed and your capital is at risk.

Thinking of signing up with IG Investment or recently joined? It’s an online trading provider with more than 2 million customers worldwide. Here in the UK, it offers trading in 11,000+ shares and ETFs.¹

If you use the IG platform to buy and sell investments, one of the key things you’ll need to know is how to access your earnings.

In this guide for UK investors, we’ll be looking at how to withdraw money from an IG account. This includes a step-by-step guide to the IG withdrawals process, including info on how long it takes, minimum/maximum limits and any fees you might have to pay.

Let’s start with how to sell investments with IG, which may be a necessary step before you can withdraw funds to your bank account.

How to withdraw my portfolio from IG

If you have money in your IG trading account that you’d like to withdraw, you can carry straight on to the steps below.

But if you have shares you need to sell first, you’ll need to do the following:²

1. Login to your account online at the IG website or via the IG mobile app
2. Choose your account type - for example, ISA or general investment account (GIA)
3. To find your investments, select ‘Overview’ and then go to the ‘Investments’ tab
4. You’ll see the list of stocks and/or ETFs that you own
5. Tap the product you want to sell, and then select ‘Sell’
6. Enter either the number of shares you’d like to sell. You can also select ‘Sell max’ if you want to sell them all.
7. Review your order, making sure to check the details carefully - including fees and charges
8. Once you’re happy with everything, submit the order.

Provided it's within market trading hours, your order should be executed immediately. This should mean that the proceeds will be transferred to your cash balance right away, ready to be withdrawn.

However, in some cases there may be what is known as a settlement period. For example, the settlement period for selling US shares is 1 day, and it's 2 days for all other shares.³ So you may need to wait a day or two after selling your shares and cashing out your earnings.

Before you sell any investments though, it’s recommended to seek some professional advice. You might find there are tax or other implications related to selling shares or funds.

Step 1: Login to your IG account

Now, let’s focus on the typical process with IG to withdraw funds.

The first step is to go to the IG website (ig.com) and sign in to your account. You can also access your portfolio via the IG mobile app if you prefer managing your investments on your phone.

Either should be easy to do, providing you remember the login details (username and password) you used to register for an account on the platform. You can always use the ‘Forgot your password?’ option if you get stuck.

Step 2: Choose/add a card or account

The standard process at IG is to return funds via the same method they were deposited. So if you initially paid for your investments using a particular debit card or bank account, this will be the same method you use to withdraw money from the platform.

If this is the case, you simply need to select this already saved payment method on the ‘Withdraw funds’ section of your IG account.

Simply go to ‘My IG’ and then ‘Live accounts’. You’ll see the option to withdraw funds on the menu on the left-hand side. On the IG mobile app, there’s an easy-to-find ‘withdraw funds’ button on your account dashboard.

It is possible to add a new payment method, but it’s likely to require additional verification steps. This may involve uploading a bank statement or screenshot from your online banking.

Step 3: Withdraw money

Once you’ve selected a withdrawal method, all you need to do is enter the amount you want to withdraw and confirm.

You should be aware that the IG minimum withdrawal limit is £100. There’s no maximum limit for bank transfers, but there’s an upper limit of £20,000 per day for cards.³

Step 4: Receive confirmation and wait for your withdrawal to be processed

Once you’ve submitted your withdrawal request, you should see an on-screen confirmation that it is being processed. You may also receive a confirmation email or SMS from IG.

All that’s left to do is wait for the money to be delivered to your bank account.

IG withdrawal times are pretty quick, but it all depends on your payment method and when you submit your request:³

• For card or Apple Pay withdrawals, requests made on weekdays before 8pm are typically processed the same day. However, it can take up to 5 working days to receive the money (depending on your bank).
• For bank transfers, the money should arrive on the same day for requests submitted by midday.
• Currency and international withdrawals can take up to 3 working days, or perhaps a little longer.

If payments don’t arrive when expected or you have any other issues, you can contact the IG customer support team.

You can start a web chat, email helpdesk.uk@ig.com or send a message via Whatsapp.

IG withdrawal fees

IG doesn’t charge any fees for withdrawals. This means you can move money to your bank account whenever you like, without worrying about withdrawal fees. Just make sure to check the minimum and maximum limits.

Don’t forget though that there may be currency conversion fees to pay if you’re selling international investments and then withdrawing funds. At IG, the standard currency conversion fee is 0.7% on top of the exchange rate.⁴

There may also be trading fees if you’re selling investments before cashing out.

Read our review of the IG trading account below for more information on fees and features.

📚 IG investment review

Use Wise to save on currency conversion when withdrawing from overseas investment platforms

If your investments or RSUs are held in an overseas investment or equity compensation platform, you may get an unpleasant surprise when you come to withdraw money.

You might find that a sizable chunk has been lost to currency conversion fees and poor exchange rates. For example, this can happen when sending or transferring proceeds in USD to a UK account denominated in GBP. If you’re withdrawing or transferring a lot of money, it could add up to hundreds of pounds.

Luckily, there’s a way to shrink these currency conversion costs right down.

Open a Wise account and you can receive money in other currencies for free by

turning on local account details (restrictions apply).

Once you have all your dollars in Wise, you’ll then have complete control over the currency conversion. You can convert your money to GBP within your Wise account at the mid-market exchange rate, for low, transparent fees*.

You can do this instantly or hang onto the USD to use your Wise account for other US-based investments when the time is right. It’s completely up to you.

Open your Wise account 🌍

And that’s it - all the essentials you need to know about withdrawing money from an IG investment account in the UK.

We’ve covered all of the important stuff, including how to choose a payment method, limits, the steps to withdraw funds and how long it takes. And of course, whether there are any fees.

After reading this, you should now be all set to make your first withdrawal from your IG account. You should find it pretty straightforward to do, but remember that you can always contact the platform’s customer services team if you have any questions.

Just make sure you check all the details of your withdrawal before confirming it.

You might also want to seek professional advice before making a withdrawal. An expert can help you understand any potential tax implications of selling investments or withdrawing money.

Sources used:

1. IG - no. of customers and investment products
2. IG - selling investments on IG
3. IG - settlements, limits and delivery times
4. IG - currency conversion fees

Sources last checked on date: 27-Aug-2025