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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

Select from Bitcoin, Ethereum, Litecoin and 12 others.

Go long if bullish or short if bearish on prices.

Determine position size and add stop-loss orders.

Track market moves and close when targets 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.  

All the features you need, whenever and wherever you need them.

Trade with customisable charts and automated strategies.

Access direct market trading with full order book transparency and advanced controls.

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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