IG Bank S.A.

 (3.7; 3 ratings)
3.7 3
Business Focus
online trading

IG Bank is a member of UK-based IG Group. IG Group was founded in 1974 to be focused on OTC leveraged derivatives trading. In 1998 IG Group created the first online dealing platform for financial spread betting. IG Group provide trading and investment services to clients worldwide, and have offices in 16 countries over the world. IG Group is still focused on contracts for difference (CFDs) and spread betting, while extending its product range with non-leveraged share dealing and wealth-management products. IG Bank specializes in providing online leveraged CFD trading services.

Bank Category

Foreign-controlled banks

Services

online brokerage

Clients

natural persons
companies
financial institutions

Area Served

Worldwide

Products

trading accounts

Account Opening

Becoming a client of IG Bank S.A. can be done in a few steps:
1.
Submit online application
2.
Verify your identity
3.
Account is ready within 5 minutes

IG Bank S.A. performs client's identity verification via instant online verification. Account opening procedure is usually completed within 5 minutes.

Ways to Bank

IG Bank S.A. delivers its products and services via direct (online) channels only, namely:
online banking
desktop app
mobile app
phone

Financials

Total Assets of IG Bank S.A.
Annual_profit of IG Bank S.A.
Market Share of IG Bank S.A.
Total Assets (2018)
110.93 mln CHF  (-7.21%)
Annual Profit (2018)
600,000.00 CHF  (+50.00%)
Number of Employees (2018)
18  (+2.86%)

IG Bank S.A. is the 229th largest bank in Switzerland in terms of total assets. In 2018 its total assets were 110,93 mln CHF, providing the bank with the market share of 0.00%. IG Bank S.A. is the 73rd largest foreign-controlled bank in Switzerland (out of 74 foreign-controlled banks) having market share of 0.05% amongst the banks of this category. In 2018 the bank's annual profit was 600 000,00 CHF. IG Bank S.A. had 18 employees in 2018.

Deposit Guarantee

Protected Amount
up to 100,000 CHF
Guarantee Fund
esisuisse – Deposit Insurance
Covered Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)
Covered Accounts
credit balances

IG Bank S.A. participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. IG Bank S.A. is a member of esisuisse – Deposit Insurance and makes its contributions into it.

Contacts

42, rue du Rhône, 1204, Genève, Switzerland
022 888 10 40

IG Bank S.A. is headquartered in Genève.

Bank Identifiers

BIC (SWIFT)
IGBKCHGGXXX
LEI
213800SY355LFLWB1517
Company Number
CHE-141.784.032

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority
Reference Number
CHE-141.784.032

IG Bank S.A. is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-141.784.032).

Bank History

Founded
2014

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