IG Asia Pte Ltd, a leading CFD provider in Singapore, has unveiled IG Markets, the first investing app in the country to offer a 3% annual interest on shares and exchange-traded funds (ETFs). This innovative feature aims to enhance investor portfolios by providing guaranteed monthly interest payouts alongside potential capital growth and dividends.
The app allows investors access to major global markets, including Singapore, the US, UK, Hong Kong, and Japan, without incurring commission or platform fees. It also supports fractional US shares, enabling investors to start small and diversify their holdings easily. To qualify for the 3% interest, users must open an account and complete at least one trade each month. Interest is calculated on shareholdings up to $36,500 (S$50,000) and credited in SGD on the first working day of the following month.
Gavin Chia, CEO of IG Singapore and Emerging Markets, stated, “By being Singapore’s first platform to pay interest on shares and ETFs, we’re giving investors a powerful new way to earn stable interest alongside potential capital appreciation and dividends.”
To celebrate the launch, IG Markets is offering a $159 (S$218) cash bonus to new clients in Singapore who deposit a minimum of $730 (S$1,000) and make two trades within 30 days. This offer is available until 30 November 2025. The IG Markets app is now available for download on the Apple App Store and Google Play Store.