Cryptocurrency trading
Trade 15 cryptocurrencies including Bitcoin, Ether, and Litecoin, or gain broad exposure with our Crypto 10 Index.
Why trade cryptocurrency CFDs with IG
Wide range of markets
Choose from 15 cryptocurrencies or our Crypto 10 Index.
No wallet required
By trading crypto CFDs, you avoid the complexities of managing a digital wallet.
Tools for crypto analysis
Specialised crypto tools, such as indicators and charts.
Live cryptocurrency prices
Prices above are subject to our website terms and conditions. Prices are indicative only.
What is cryptocurrency trading?
When you trade cryptocurrency CFDs, you take a position on whether a crypto’s price will rise or fall, without needing to own the underlying coins.
Why trade cryptocurrency?
Trade crypto CFDs for flexibility and efficiency. There’s no need to manage digital wallets, worry about security risks or deal with blockchain delays.
How to trade cryptocurrency
Choose your coin and position direction. Set your trade size and implement risk management tools. Monitor market moves and exit when conditions are met.
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
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Contact
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+65 6390 5133
accountopening@ig.com.sg
Existing clients
+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.
