Cryptocurrency CFD trading
Trade cryptocurrency CFDs in Singapore with Bitcoin, Ethereum and Litecoin - no digital wallet required. Access 15+ crypto markets or our diversified Crypto 10 Index.
Why trade cryptocurrency CFDs with IG
Wide range of crypto markets
Choose from 15 major cryptocurrencies including Bitcoin and Ethereum.
No wallet required
Trade crypto CFDs without digital wallets or blockchain delays.
Tools for crypto analysis
Professional charts, indicators and risk management tools.
MAS-regulated broker
IG Asia Pte Ltd is regulated by Singapore's financial authority.
Go long and short
Potentially profit from rising and falling prices.
Leverage your capital
Trade with leverage to amplify your market exposure and potential.
Live cryptocurrency prices
Real-time cryptocurrency market prices. Trade on these price movements with CFDs through IG Singapore.
Prices above are subject to our website terms and conditions. Prices are indicative only.
What is cryptocurrency CFD trading?
When you trade cryptocurrency CFDs with IG Singapore, you take a position on whether a crypto's price will rise or fall, without needing to own the underlying digital assets.
Key features of crypto CFD trading:
- Trade on price movements without owning actual cryptocurrencies
- Go long (buy) if you think prices will rise
- Go short (sell) if you think prices will fall
- No need to set up digital wallets or manage private keys
- Use leverage to amplify your market exposure
- Access professional risk management tools
Important: CFDs are leveraged products that can result in losses exceeding your initial deposit.
How to trade cryptocurrency CFDs
Costs of trading cryptocurrency CFDs with IG
Spread costs and fees
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This is the main cost of trading.
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It’s built into the buy and sell prices.
Overnight funding
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A fee is charged for positions held overnight.
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Rates differ between cryptocurrencies.
Stop-loss orders
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You'll be charged if you use a guaranteed stop-loss order.
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The charge is refunded if it isn't triggered.
FX conversion fee
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Fees apply when trading in different currencies.
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Automatically applied at current rates.
On 26th June 2020 (10pm UK time), the minimum margin on all CFDs on Cryptocurrencies trades had been increased to a minimum floor of 50% on existing and new positions. This will also remove any margin reductions that you might have while using Guaranteed and Non Guaranteed Stops. This margin change is a regulatory requirement and applies to all MAS regulated brokers in Singapore.
The margin rate that we will be referencing is pegged to a variable margin rate on the similar underlying futures offered by an Approved Exchange (ICE Futures Singapore Pte Ltd) in Singapore. Hence, please note that margins will be updated on the 1st business day of each month and also on an ad hoc basis depending on the volatility of the market for existing and new positions. It is important that you keep your account sufficiently funded to avoid a margin call close out.
Important Notice:
Cryptocurrencies are not legal tender or securities. Cryptocurrency Contracts For Differences (CFDs), which are derivatives of cryptocurrency, are not regulated by the Monetary Authority of Singapore (MAS). Investors should be aware that they will not be entitled to legislative protection when trading cryptocurrency CFDs. If you choose to invest in unregulated products, you will not be protected under MAS regulations. Other risks associated with cryptocurrencies include high price volatility, lack of transparency and cybersecurity risks. Please ensure that you are fully aware of these risks, and if in doubt, you should consult an independent financial adviser. For more information on cryptocurrencies, their derivatives and associated risks, please refer to the MoneySense website here.
Trade cryptocurrency CFDs on these platforms
- IG Online platform
- IG Mobile app
- MetaTrader 4
- L2 Dealer
Choose our online platform for a seamless and lightning-fast trading experience.
Access direct market trading with full order book transparency and advanced controls.
Latest cryptocurrency news and analysis
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The trade: how are geopolitical tensions impacting gold, Bitcoin and equity markets?
2025-03-19T05:07:56+0000
FAQs about crypto CFD trading in Singapore
What's the difference between crypto CFDs and buying cryptocurrencies in Singapore?
With crypto CFDs, you trade price movements without owning the underlying digital assets or needing wallets. Unlike buying cryptocurrencies directly, CFDs allow short-selling and leverage through MAS-regulated brokers like IG Singapore.
How much do I need to start crypto CFD trading in Singapore?
To trade crypto CFDs in Singapore, you must meet the 50% margin requirement set by MAS. This means for every $100 of market exposure, you need at least $50 in your account. The minimum deposit to open an account with IG Singapore may vary, but margin requirements are the same across all MAS-regulated brokers.
Can I trade cryptocurrency CFDs 24/7 with IG Singapore?
Yes, IG Singapore offers 24/7 crypto CFD trading with only short maintenance windows for platform updates. Unlike traditional markets like the Singapore Exchange (SGX), cryptocurrency markets never close, so you can trade Bitcoin, Ethereum and other crypto CFDs on weekends and public holidays.
Is crypto CFD trading safe in Singapore?
IG Asia Pte Ltd is a MAS-regulated broker, offering segregated client funds and professional execution. However, cryptocurrency CFDs themselves are not regulated by MAS, and there is no investor protection scheme for crypto CFDs. You benefit from trusted broker safeguards, but crypto CFD trading remains high-risk and volatile.
What cryptocurrencies can I trade as CFDs with IG Singapore?
You can trade 15 major cryptocurrencies as CFDs with IG Singapore, including:
Bitcoin (BTC)
Ethereum (ETH)
Ripple (XRP)
Litecoin (LTC)
Cardano (ADA)
Solana (SOL)
Avalanche (AVAX)
Polkadot (DOT)
Stellar (XLM)
EOS
Plus other leading cryptos
IG also offers the Crypto 10 Index, giving you diversified exposure to the largest cryptocurrencies by market cap.
How does leverage work with crypto CFDs in Singapore?
Crypto CFD leverage is capped at 2:1 for retail traders, meaning you can control $200 worth of crypto with $100 in margin. Leverage amplifies both profits and losses — you could lose more than your initial deposit. This MAS regulation aims to protect retail traders in the highly volatile crypto market.
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accountopening@ig.com.sg
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+65 6390 5118
helpdesk@ig.com.sg
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Disclaimers:
- All forms of investments carry risks, including the potential loss of all or part of your principal amount invested. The value of an investment product may rise or fall, and may also become valueless. Past performance is not indicative of future results. Please ensure that you fully understand, and are aware of, the risks and costs involved.
- Trading CFDs may not be suitable for everyone. CFDs are leveraged instruments and can result in losses that exceed deposits. Refer to the Risk Disclosure Statement and Risk Fact sheet.
- IG Asia Pte Ltd (Co. Reg. No. 200510021K)("IG") is regulated by the Monetary Authority of Singapore and holds a capital markets services licence.
- IG provides an execution-only service. The information in this advertisement does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. You should consider 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.
- The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
- This advertisement has not been reviewed by the Monetary Authority of Singapore.
