Although it does put IG in a rather odd position as they provide the white label for HL Markets the spread betting and CFD brand for Hargreaves Lansdown.
Current IPOs available to IG clients are Global Ports Holding and PRS REIT and as with most brokers IG don’t charge a commission for taking part.
Brokers are usually paid a percentage of the money they raise by the corporate finance house on behalf of the listing company.
IG clients taking part in IPOs can split allocations between their share dealing account and ISA accounts.
For more information on IG IPO’s see here
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Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.