NEO

(NEO=)

NEO chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

93.712
94.112
-4.66pts (-4.73%)

High: 102.4

Low: 73.3

100% of client accounts are long on this market

The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.

Why trade cryptocurrencies with IG Bank?

Trade on all major cryptocurrencies

Bitcoin, ether, litecoin and more. Plus our Crypto 10 index for broad exposure

Take advantage of weekend trading

Keep trading when markets are usually closed1

Make the most of volatility

Trade rising and falling prices on leverage, even while other markets are flat2

  • Costs and details
  • Related markets
  • CFD

Details for NEO ($1) -

Minimum size 7.50

Contract size NEO 1

One Pip means 1

Value of one Pip USD 1 (CHF 0.92)

Margin 20%

Minimum stop distance 7.5%

Minimum guaranteed stop distance 15.0%

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 1000 Contracts 20%
2 1000 - 2000 Contracts 25%
3 2000 - 4000 Contracts 50%
4 4000 + Contracts 75%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Closing Only

Unborrowable

unlongable

Daily funding 7 days a week - pay 0.0753% when long, receive 0.0342% when short.

There is a limit of £100,000 notional value per client across all cryptocurrencies. Presently clients may not buy to open.

Any client with a notional size above this limit is at risk of having their cryptocurrency positions reduced.

Quoted 08:00 Sat - 22:00 Fri (UK time)

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1 Trade cryptocurrencies from 9am Saturday through to 11pm on Friday night (Swiss time). If you have a position open on one of these cryptocurrency markets, it will be affected by weekend trading. This additional trading period during the weekend means not only do you have longer to speculate on the price of different coins, but also any stops and limits you have open can be filled on the weekend.

2While leverage magnifies profits, it will also magnify losses.

3 Based on revenue excluding FX (published financial statements, June 2020).