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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

Cryptocurrency CFD trading

Take your position on popular cryptocurrency markets with CFDs, no wallet needed. Plus, you can get broad exposure in a single trade through our Crypto 10 index CFDs.

Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEST) weekdays, or email newaccounts.au@ig.com.

Why trade cryptocurrency CFDs with IG?

Why trade cryptocurrency CFDs with IG?

Trade both rising and falling markets on leverage

Cap your losses with guaranteed stop orders¹ on your crypto trades

Trade with a FTSE 250-listed provider with 47 years of trading experience2

Benefit from low spreads and fast execution on our award-winning platform⁹

Speculate on a selection of major cryptos, or get wider exposure with our Crypto 10 index CFDs

Trade directly from charts and perform in-depth analysis with powerful technical indicators

With CFDs, you can lose more than you deposit, you do not have ownership in the underlying asset, and you may be subject to margin close-outs if you do not maintain sufficient margin.

What cryptocurrency CFDs can you trade?

With us, you can trade CFDs on 11 major cryptocurrencies, two crypto crosses and a crypto index - an index tracking the price of the top ten cryptocurrencies, weighted by market capitalisation.

Prices above are indicative only and subject to IG’s website terms and conditions.

How to trade cryptocurrency CFDs with us

When trading cryptocurrencies with us, you’ll do so using CFDs.

Main advantage Trade rising and falling markets on margin
Main risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Losses can exceed your margin deposit, so it’s important to manage your risk
Available to All clients
Traded in Over-the-counter contracts
Commission There will be no commission charge for crypto CFDs, and we charge spread instead.4
Trading platforms Web platform, mobile app, third-party crypto trading platforms like MT4 and ProRealTime

With CFDs, you can lose more than you deposit, you do not have ownership in the underlying asset, and you may be subject to margin close-outs if you do not maintain sufficient margin.

What is cryptocurrency CFD trading?

When you trade cryptocurrency CFDs, you're speculating on whether the price will rise or fall, without owning the underlying coins.

What are the features of trading cryptocurrency CFDs with us?

Go long or short on the price of cryptocurrencies. You can do this without the expense of an exchange account.

How do I start trading cryptocurrency CFDs in Australia?

  1. Open a CFD trading account
  2. Find an opportunity
  3. Take a position
  4. Monitor your trade
Trustpilot

Open a CFD account to trade crypto

Fill in our simple online form

We’ll ask a few questions about your trading experience.

Get swift verification

We can usually verify your ID in just a few seconds.

Fund your account and trade

Or practise on a demo account if you’d prefer.

How much does it cost to trade crypto CFDs?

Spreads and margin

We do not charge commission for Crypto CFDs. So, the most important fee to consider when trading cryptocurrencies is the spread – the difference between the buying and selling price.

The spread is our fee for executing your trade. We strive to keep our spreads among the lowest on the market. If you keep your short-trade open all through the night, you’ll be charged for overnight funding. Fees are also changed for forex trading.

When trading CFDs, you’ll open your position on margin – a deposit that’s only a fraction of your total exposure. Please remember, though, when trading on margin, your losses can significantly exceed your original deposit.

Market Dealing hours5 One point means Minimum Spread6 Limited Risk Premium7 Retail margin required8
Bitcoin 24 hours $1 45 50 50%
Bitcoin Cash 24 hours $1 2 1.5 50%
Bitcoin Cash/Bitcoin 24 hours 0.0001 BTC 6 10 50%
Ether 24 hours $1 1.8 3 50%
Ether/bitcoin 24 hours 0.0001 BTC 3 2.7 50%
Litecoin 24 hours $1 0.4 0.9 50%
EOS 24 hours $0.01 0.4 7.2 50%
Stellar 24 hours $0.01 0.2 0.2 50%
Cardano 24 hours $0.01 1.4 0.7 50%
Polkadot 24 hours $0.01 3.6 18 50%
Dogecoin 24 hours $0.01 0.18 0.1 50%
Chainlink 24 hours $0.01 7.3 12 50%
Uniswap 24 hours $0.01 7.37 10 50%
Crypto 10 index 24 hours $1 80 27 50%

Trade on crypto markets with Australia’s No.1 choice for CFD trading3

Trade anything, anywhere, anytime on our award-winning platform9

  • Web-based platform
  • Mobile trading app
  • Third-party crypto trading platforms

Our web-based platform

Take control of your cryptocurrency CFD trading with our online platform. We offer unique price alerts, interactive charts, and a suite of risk management and research tools.

Mobile trading apps

Trade cryptocurrency CFDs on the go, wherever and whenever. Our tablet and mobile trading platform has been optimised for iPhone and Android.

Third-party trading platforms

Automate your cryptocurrency trading with our built-in access to a range of advanced third-party platforms, like MT4, ProRealTime and APIs.

You can choose the platform that suits your preferences and strategy – with unique price alerts, interactive charts and a suite of risk management tools available on each.

FAQ

Which cryptocurrencies are included in the Crypto 10 index?

Our Crypto 10 index tracks the prices of the ten biggest cryptocurrencies, weighted by market capitalisation. While this is adjusted every quarter, typical examples include:

  • Bitcoin
  • Ether
  • Ripple
  • Litecoin
  • Bitcoin Cash
  • EOS
  • Stellar

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1 Stop-loss orders close your position automatically if the market moves against you. Normal stop-loss orders are free, but there’s no guarantee of protection against slippage. Guaranteed stops will close your position exactly the price you specified, but incur a premium if triggered.
2 IG is part of IG Group Holdings Plc, a member of the FTSE 250.
3 Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2024 Leveraged Trading Report.
4 Other fees and charges may apply
5 Cryptocurrencies markets close at 7am on Saturday morning (AEST), then reopen on Saturday at 5pm (AEST). Please note that your account can go on margin call during the weekends as the cryptocurrencies market is open.
6 Please note that in times of high volatility, our minimum spreads can increase significantly.
7 A guaranteed stop premium is charged if your guaranteed stop is triggered. The potential premium is displayed on the deal ticket, and can form part of your margin when you attach the stop. Please note that premiums are subject to change, especially going into weekends and during volatile market conditions.
8 Please note that tiered margins apply; this means that more margin may be required for larger positions. See our margins page for further details. You can find the tiered margins for each market from the Get Info section in our dealing platform.
9 Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.