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 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 guaranteed stops3
Safely and easily deposit 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
Cryptocurrencies you can trade with IG
Live prices on our most popular markets
What is cryptocurrency trading?
Cryptocurrency trading involves speculating on whether a cryptocurrency’s price will go up or down – without having to own of any 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 cryptocurrencies?
- Open a trading account
- Find an opportunity
- Take a position
- Monitor your trade
Open a cryptocurrency trading account today
Fill in the form
We’ll ask a few questions about your trading knowledge to ensure you get the best experience.
Instant Activation for Singaporean citizen or PR
Or send in your documents and we'll validate your ID and address
Fund your account and trade
You can withdraw your funds easily, whenever you like.
How much does it cost?
The key charge to be aware of when trading cryptocurrencies is the spread – a charge for executing your trade. We benchmark our fees to keep them among the lowest in the business.
Depending on your position, you may need to pay overnight funding.
Opening a CFD account with IG is free and simple, gives you access to 8 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 CFDs on cryptocurrencies with IG?
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.
Get the latest cryptocurrency news
1 Based on revenue excluding FX (published half yearly financial statements, June 2019).
2 While leverage magnifies profits, it will also magnify losses.
3 Guaranteed stops incur a small premium if triggered.
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.
This information/research prepared by IGA or IGA Group is intended for general circulation. 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 or 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. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. In addition to the disclaimer above, the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.
Please see important Research Disclaimer.