Cryptocurrencies are not legal tender currency and the trading of derivatives on Cryptocurrencies are currently not covered under any regulatory regime in Singapore. Consequently, investors should be aware they may not have the full protection offered by the Securities and Futures Act (Cap. 289). Please ensure that you are fully aware of the risks and if in doubt consult an independent financial adviser. For more information on Cryptocurrencies, please refer to the following website for more information: MoneySense - Virtual Currencies.
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
Speculate on 9 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
Ways to trade cryptocurrencies with IG
|Accessible to||All clients|
|Commission||Commission-free (just pay our spread)|
|Platforms||Web, mobile app and advanced platforms|
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?
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 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 9 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.
1 Based on revenue excluding FX (published financial statements, February 2018).
2 While leverage magnifies profits, it will also magnify losses.
3 Guaranteed stops incur a small premium if triggered.