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Cryptocurrency trading
Trade eight cryptocurrencies, including bitcoin, ether, ripple and litecoin, without taking ownership of the underlying. Or get broad exposure in a single trade with our Crypto 10 index.
Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening a trading account. We’re here 24 hours a day, from 8am Saturday to 10pm Friday.
Contact us: 0800 195 3100
Why trade cryptocurrencies with IG?
Trade rising and falling prices on leverage to make the most of volatility2
Improved liquidity means there’s more chance of executing your trade at your chosen price
Preserve your capital with negative balance protection3 and guaranteed stops4
Safely and easily deposit funds. We’re a regulated FTSE 250 company
Speculate on 10 major cryptocurrencies and crosses, or get broad exposure with our Crypto 10 index
Tax-free profits when you trade with a spread betting account5
Cryptocurrencies you can trade with IG
Our Crypto 10 index gives you exposure to the ten largest coins with a single trade.
Live prices on our most popular markets
Bid
Offer
Change
Prices above are subject to our website terms and conditions. Prices are indicative only.
Ways to trade cryptocurrencies with IG
| Spread betting | CFD | |
| Main benefits | Profits are tax-free in the UK5 | Tax-deductible losses are useful for hedging5 |
| Accessible to | All clients | All clients |
| Traded in | £ (or other base currency) per point | Contracts |
| Tax status | No capital gains tax (CGT) or stamp duty5 | No stamp duty, but you do pay CGT. Losses can be offset as a tax deduction5 |
| Commission | Commission-free (just pay our spread) | Commission-free (just pay our spread) |
| Platforms | Web, mobile app and advanced platforms | Web, mobile app and advanced platforms |
| Learn more | Learn more |
What is cryptocurrency trading?
Cryptocurrency trading involves speculating on whether a cryptocurrency’s price will go up or down – without taking ownership of any underlying coins.
What are the benefits of cryptocurrency trading?
Trade tax-efficiently,5 magnify your exposure with leverage and go long or short on the price – all without the expense of an exchange account.
How do I trade cryptocurrencies?
- Open a trading account
- Find an opportunity
- Take a position
- Monitor your trade
Open a cryptocurrency trading account in minutes
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 risk-free demo if you’d prefer.
How much will I have to pay?
Margins
Spread betting and CFD trading are forms of leveraged trading, meaning you can win, or lose, a significant amount more than you deposit initially. 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 – which is essentially our commission for executing your trade. We work to keep our spreads among the lowest in the business.
| Spot FX | Retail margin | Leverage equivalent | Professional margin What is this? |
Leverage equivalent |
| Bitcoin | 50% | 1:2 | 4.5% | 1:22 |
| Ether | 50% | 1:2 | 4.5% | 1:22 |
| Ripple | 50% | 1:2 | 4.5% | 1:22 |
| Bitcoin Cash | 50% | 1:2 | 9% | 1:11 |
| Litecoin | 50% | 1:2 | 9% | 1:11 |
| EOS | 50% | 1:2 | 9% | 1:11 |
| Stellar | 50% | 1:2 | 9% | 1:11 |
| NEO | 50% | 1:2 | 9% | 1:11 |
| Crypto 10 index | 50% | 1:2 | 9% | 1:11 |
| Spread betting | CFDs | MT4 | |
| Bitcoin | 38 | 38 | 38 |
| Ether | 1.4 | 1.4 | 1.4 |
| Ripple | 0.4 | 0.4 | 0.4 |
| Bitcoin Cash | 1.8 | 1.8 | 1.8 |
| Litecoin | 0.5 | 0.5 | 0.5 |
| EOS | 3.5 | 3.5 | 3.5 |
| Stellar | 0.15 | 0.15 | 0.15 |
| NEO | 0.1 | 0.1 | 0.1 |
| Crypto 10 index | 25 | 25 | n/a |
How much will I have to pay?
Margins
Spread betting and CFD trading are forms of leveraged trading, meaning you can win, or lose, a significant amount more than you deposit initially. 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 – which is essentially our commission for executing your trade. We work to keep our spreads among the lowest in the business.
| Spot FX | Retail margin | Leverage equivalent | Professional margin | Leverage equivalent |
| Bitcoin | 50% | 1:2 | 4.5% | 1:22 |
| Ether | 50% | 1:2 | 4.5% | 1:22 |
| Ripple | 50% | 1:2 | 4.5% | 1:22 |
| Bitcoin Cash | 50% | 1:2 | 9% | 1:11 |
| Litecoin | 50% | 1:2 | 9% | 1:11 |
| EOS | 50% | 1:2 | 9% | 1:11 |
| Stellar | 50% | 1:2 | 9% | 1:11 |
| NEO | 50% | 1:2 | 9% | 1:11 |
| Crypto 10 index | 50% | 1:2 | 9% | 1:11 |
| Spread betting | CFDs | MT4 | |
| Bitcoin | 38 | 38 | 38 |
| Ether | 1.4 | 1.4 | 1.4 |
| Ripple | 0.4 | 0.4 | 0.4 |
| Bitcoin Cash | 1.8 | 1.8 | 1.8 |
| Litecoin | 0.5 | 0.5 | 0.5 |
| EOS | 3.5 | 3.5 | 3.5 |
| Stellar | 0.15 | 0.15 | 0.15 |
| NEO | 0.1 | 0.1 | 0.1 |
| Crypto 10 index | 25 | 25 | n/a |
Opening a spread betting or CFD account with IG is free and simple, gives you access to 11 cryptocurrency markets, and carries no obligation to fund or trade.
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 one month.
What platforms can I use to trade on cryptocurrencies with IG?
Discover a fast, clear and smart 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 and spread betting provider1
With more than 45 years in trading and over 178,500 clients around the globe, we’re the world’s No.1 CFD and spread betting provider.1 Why trade cryptocurrencies with anyone else?
Get the latest cryptocurrency news
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US President Trump blasts adversaries at UN, faces impeachment proceedings in Washington
2019-09-25T00:02:52+0100
FAQs
You might be interested in…
Go long or short on bitcoin to make the most of volatility.
Open a position on litecoin via your CFD or spread betting account.
Take advantage of ripple (XRP) price movements.
1 Based on revenue excluding FX (published half-yearly financial statements, June 2019).
2 While leverage magnifies profits, it will also magnify losses.
3 Negative balance protection is not available for professional accounts.
4 Guaranteed stops incur a small premium if triggered.
5 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
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