What statement will I receive?
Depending on the type of account you operate, you may receive statement(s) as described in the table below
Statement/Account type | Spread betting | CFD | Share dealing | ISA | Smart portfolio | SIPP |
Daily statement | YES | YES | YES | YES | NO | YES |
| Monthly statement | YES | YES | YES | YES | YES | YES |
| Account/Ledger summary | YES | YES | YES | YES | YES | YES |
Consolidated Tax Certificate (CTC) | NO | NO | YES | NO | YES | NO |
| ISA funding statement | NO | NO | NO | YES | NO | NO |
Quarterly statement | NO | NO | NO | NO | YES | NO |
| Cost and charges statement | YES | YES | YES | YES | YES | YES |
Daily statement
| What is it? | A daily statement is a summary of the trading activity on the account |
| How will I receive it? | It is automatically generated (in pdf format) and sent to your registered email address on the following working day if there has been activity on the account. For example, the Friday daily statement will be generated on the following Monday. You can also find daily statements under MyIG > Live Accounts > Statements > Daily. No daily statement will be generated if there has been no activity on the account on that day |
| Why do I get it? | Sending this statement is a regulatory requirement, which is why you cannot opt out |
Monthly statement
| What is it? | It is a summary of the trading activity of the account during the previous month. |
| How will I receive it? | It is automatically generated (in pdf format) and sent to your registered email address on the 1st of the following month, if you have nominated to receive these statements. These will be issued even if there’s been no activity and there are positions or cash on the account. Monthly statements can also be found under MyIG > Live Accounts > Statements > Monthly |
Account/ledger summary
| What is it? | It is a summary of the trading activity on your account over any period |
| How will I receive it? | If you wish to generate your account statement showing the activities on your account over the previous tax year, or any other period, you will be able to generate, view and download the account ledger summary (only in csv format) by going to MyIG > Live accounts > History. If this is unacceptable you may contact our customer service team to assist in providing an alternative document for your records. |
Consolidated Tax Certificates (CTC)
What is it? | It is a document for UK fiscal resident clients and is used to show the dividends received in a tax year and the breakdown of the different types of instruments that have paid them (shares, ETFs, REITs) |
| How will I receive it? | If you have received dividends during the tax year, you will be able to view and download your CTC (in pdf format) by going to MyIG > My Account > Statements. This statement is usually made available one or two months after the end of the UK financial year. CTC's will not be generated for ISA or SIPP accounts. ISA and SIPP accounts are not tax reportable, so we don’t send out any tax documents for these accounts. For non-UK tax residents, an Income Summary can be provided on request |
ISA funding statement
| What is it? | This is a summary of cash deposits and withdrawals made on your ISA account |
| How will I receive it? | To receive it, kindly contact our Trading Services team, to assist in providing this |
Cost and charges statement
| What is it? | It is a 12 months-period statement showing a categorized breakdown of what cost and charges you have paid |
| How will I receive it? | It is automatically generated (in pdf format) and sent to your registered email address on the anniversary date of your account’s activation |
| Why do I get it? | Sending this statement is a regulatory requirement, which is why you cannot opt out |
For a broader view of the charges that could apply to your account, take a look at our costs and charges page. For detailed worked examples of how charges are applied to your trades, see our costs and charges document.
NB:
- We do not provide any capital gains (sometimes called P&L) statements for share dealing accounts
- We do not generate tax statement for spread betting accounts since spread betting does not attract capital gains tax or stamp duty1 in the UK
1 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
