Cryptocurrency trading
Trade 12 cryptocurrencies, including bitcoin, ether and litecoin, without taking ownership of the underlying. Or get broad exposure in a single trade with our Crypto 10 index.
Start trading today. Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Contact us: +65 6390 5133
Start trading today. Call +65 6390 5133 between 9am and 6pm (SGT) on weekdays or email accountopening@ig.com.sg for account opening enquiries.
Contact us: +65 6390 5133
On 26th June 2020 (10pm UK time), the minimum margin on all CFDs on Cryptocurrencies trades had been increased to a minimum floor of 50% on existing and new positions. This will also remove any margin reductions that you might have while using Guaranteed and Non Guaranteed Stops. This margin change is a regulatory requirement and applies to all MAS regulated brokers in Singapore.
The margin rate that we will be referencing is pegged to a variable margin rate on the similar underlying futures offered by an Approved Exchange (ICE Futures Singapore Pte Ltd) in Singapore. Hence, please note that margins will be updated on the 1st business day of each month and also on an ad hoc basis depending on the volatility of the market for existing and new positions. It is important that you keep your account sufficiently funded to avoid a margin call close out.
Find out more here.
Important Notice:
Cryptocurrencies are not regulated by the Monetary Authority of Singapore (MAS) as they are not legal tender or securities. Investors should be aware that they do not have any legislative protection when they deal with cryptocurrencies and related investment products. If you choose to invest in unregulated products, you will not be protected under MAS regulations. Please ensure that you are fully aware of the risks involving cryptocurrencies and if in doubt, you should consult an independent financial adviser under a separate engagement. To find out more information about cryptocurrencies and risks, you can go to the MoneySense website here.
Why trade CFDs on cryptocurrencies with us?
Trade rising and falling prices on leverage to make the most of volatility1
Our deep internal liquidity means there’s more chance of executing your trade at your chosen price
Protect your capital with guaranteed stops2
Safely and easily deposit and withdraw funds. We’re a regulated FTSE 250 company
Trade on 8 major cryptocurrencies and crosses
Practise trading forex on a demo account, in an environment with reduced risk
CFDs on Cryptocurrencies you can trade with IG
Stellar (XLM)
NEO
EOS
Crypto 10 Index
Cardano
Chainlink
Polkadot
Uniswap
Dogecoin
Live prices on popular cryptos
Prices above are subject to our website terms and conditions. Prices are indicative only.
Ways to trade CFDs on cryptocurrencies with us in Singapore
| CFD | |
| Accessible to | All clients |
| Traded in | Contracts |
| Commission | Commission-free (just pay our spread) |
| Platforms | Web, mobile app and advanced crypto trading platforms |
| Demo account | Yes |
| Learn more |
What is cryptocurrency trading?
When you trade cryptocurrency, you're speculating on whether a crypto’s price will go up or down – without needing to own underlying coins.
What are the benefits & risk of cryptocurrency trading?
Magnify your exposure with leverage and go long or short on the price – all without the expense of an exchange account. Also be aware of the risks involved due to high volatility, regulatory and other unforseen factors.
How do I trade CFDs on cryptocurrencies?
- Open a CFD trading account
- Find an opportunity
- Take a position
- Monitor your trade
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 13,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 13,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
With 45 years of experience, we’re proud to offer a truly market-leading service
How much will I have to pay?
Margins
CFD trading are forms of leveraged trading. This means you can win, or lose, a significant amount more than you deposit. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your trade.
Spreads
Your key payment for trading cryptocurrencies is the spread – the difference between the buy and the sell price – essentially our commission for executing your trade. We work to keep our spreads among the lowest in the business.
| %Market | Minimum retail margin | Leverage equivalent |
| Bitcoin | 50% | 1:2 |
| Ether | 50% | 1.2 |
| Bitcoin Cash | 50% | 1:2 |
| Litecoin | 50% | 1:2 |
| EOS | 50% | 1:2 |
| Stellar | 50% | 1:2 |
| NEO | 50% | 1:2 |
| Crypto 10 | 50% | 1:2 |
| Cardano | 50% | 1:2 |
| Chainlink | 50% | 1:2 |
| Polkadot | 50% | 1:2 |
| Uniswap | 50% | 1:2 |
| Dogecoin | 50% | 1:2 |
| Market | CFDs | MT4 |
| Bitcoin | 36 | 36 |
| Ether | 1.2 | 1.2 |
| Bitcoin Cash | 2 | 2 |
| Litecoin | 0.4 | 0.4 |
| EOS | 4 | 4 |
| Stellar | 0.2 | 0.2 |
| NEO | 0.2 | 0.2 |
| Crypto 10 | 38 | 38 |
| Cardano | 1.4 | 1.4 |
| Chainlink | 20 | 20 |
| Dogecoin | 0.17 | 0.17 |
| Polkadot | 16 | 16 |
| Uniswap | 1.4 | 1.4 |
Opening a CFD account with IG is free and simple. You'll get access to 8 cryptocurrency markets, and you don't have to fund or trade until you're ready.
When you’re ready to open a position, you can add stops and limits to manage your risk. As a new trader you’ll also get lower minimum deal sizes for two weeks.
Singapore's best cryptocurrency CFD trading platform
Discover cryptocurrency opportunity on the Singapore’s best web-based platform and mobile trading app3 as well as popular third-party platforms including MetaTrader 4.
Discover a fast and clear way to trade cryptocurrencies via your web browser.
Use custom algorithms to execute trades automatically, even when your machine is off.
Choose the best price with direct market access for your cryptocurrency CFD trades.
Trade wherever you are with apps for iOS and Android devices.
Choose the world's No.1 CFD provider4
With more than 40 years in trading and over 239,000 clients around the globe, we’re the world’s No.1 CFD provider.4 Why trade CFDs on cryptocurrencies with anyone else?
Choose the world's No.1 CFD provider4
With more than 40 years in trading and over 239,000 clients around the globe, we’re the world’s No.1 CFD provider.4 Why trade CFDs on cryptocurrencies with anyone else?
Choose the world's No.1 CFD provider4
With more than 40 years in trading and over 239,000 clients around the globe, we’re the world’s No.1 CFD provider.4 Why trade CFDs on cryptocurrencies with anyone else?
Choose the world's No.1 CFD provider4
With more than 40 years in trading and over 239,000 clients around the globe, we’re the world’s No.1 CFD provider.4 Why trade CFDs on cryptocurrencies with anyone else?
Choose the world's No.1 CFD provider4
With more than 40 years in trading and over 239,000 clients around the globe, we’re the world’s No.1 CFD provider.4 Why trade CFDs on cryptocurrencies with anyone else?
Choose the world's No.1 CFD provider4
With more than 40 years in trading and over 239,000 clients around the globe, we’re the world’s No.1 CFD provider.4 Why trade CFDs on cryptocurrencies with anyone else?
Get the latest cryptocurrency news
-
Market update: Bitcoin soars 12% ahead of halving event- a new peak on the horizon?
2024-03-27T04:07:43+0000 -
Is the exponential rally in Marathon Digital Holdings’ share price sustainable?
2023-12-29T12:34:10+0000
FAQ
What’s in the Crypto 10 index?
Our Crypto 10 index measures the Price Return Performance of a basket of 10 leading cryptocurrencies measured against the US dollar. The weighting of each constituent is calculated on a market capitalisation basis capping the largest constituents weighting to 25%. Please note that the index is rebalanced monthly and reconstituted quarterly.
The index is calculated and managed by BITA GmbH, for further information, please visit the website here and choose “Crypto” for the first drop down list from the left before click on “Top 10 Constituents”.
You might be interested in…
No exchange account? No problem. Go long or short on bitcoin with CFDs.
Trade ‘the silver to bitcoin’s gold’ – whether it’s headed up or down, with no need to own coins.
Discover everything you need to know about trading the next bitcoin halving.
1 While leverage magnifies profits, it will also magnify losses.
2 Guaranteed stops incur a small premium if triggered.
3 Winner for Mobile Platform / App based on the Investment Trends 2018 Singapore CFD & FX Report based on a survey of over 4,500 traders and investors. Awarded the Best Online Trading Platform by Influential Brands in 2019 and 2022. Winner of FX Markets Asia FX Awards 2021 - Best Retail FX Platform. Winner for Best Trading App based on the Investors Chronicle and Financial Times Investment and Wealth Management Awards 2018, and the Professional Trader Awards 2019.
4 Based on revenue (published financial statements, October 2022)
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
Please see important Research Disclaimer.
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