Cryptocurrency trading

Trade eight cryptocurrencies, including bitcoin, ether, ripple and litecoin, without taking ownership of the underlying. Or get broad exposure in a single trade with our Crypto 10 index.

Call 0800 195 3100 or email newaccounts.uk@ig.com to talk about opening a trading account. We’re here 24 hours a day, from 8am Saturday to 10pm Friday.

Contact us: 0800 195 3100

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 negative balance protection3 and guaranteed stops4

Safely and easily deposit funds. We’re a regulated FTSE 250 company

Speculate on 10 major cryptocurrencies and crosses, or get broad exposure with our Crypto 10 index

Tax-free profits when you trade with a spread betting account5

Cryptocurrencies you can trade with IG

Bitcoin cash

Stellar (XLM)

NEO

EOS

You can also trade our Crypto 10 index, giving you exposure to the ten largest coins with a single trade.

Live prices on our most popular markets

Bid
Offer
Change
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Prices above are subject to our website terms and conditions. Prices are indicative only.

Ways to trade cryptocurrencies with IG

Spread betting CFD
Main benefits Profits are tax-free in the UK5 Tax-deductible losses are useful for hedging5
Accessible to All clients All clients
Traded in £ (or other base currency) per point Contracts
Tax status No capital gains tax (CGT) or stamp duty5 No stamp duty, but you do pay CGT. Losses can be offset as a tax deduction5
Commission Commission-free (just pay our spread) Commission-free (just pay our spread)
Platforms Web, mobile app and advanced platforms Web, mobile app and advanced platforms
Learn more Learn more

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?

Trade tax-efficiently,5 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?

  1. Open a trading account
  2. Find an opportunity
  3. Take a position
  4. Monitor your trade

Open a cryptocurrency trading account in minutes

Fill in our simple online form

We’ll ask a few questions about your trading experience.

Get swift verification

We can usually verify your ID in just a few seconds.

Fund your account and trade

Or practise on a risk-free demo if you’d prefer.

Open an account now

Fast execution on a huge range of markets

Enjoy flexible access to more than 16,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 of experience, we’re proud to offer a truly market-leading service

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

How much will I have to pay?

Margins

Spread betting and CFD trading are forms of leveraged trading, meaning you can win, or lose, a significant amount more than you deposit initially. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your trade.

Spreads

Your key payment for trading cryptocurrencies is the spread – the difference between the buy and the sell price – which is essentially our commission for executing your trade. We work to keep our spreads among the lowest in the business.

Spot FX Retail margin Leverage equivalent Professional margin
What is this?
Leverage equivalent
Bitcoin 50% 1:2 4.5% 1:22
Ether 50% 1:2 4.5% 1:22
Ripple 50% 1:2 4.5% 1:22
Bitcoin Cash 50% 1:2 9% 1:11
Litecoin 50% 1:2 9% 1:11
EOS 50% 1:2 9% 1:11
Stellar 50% 1:2 9% 1:11
NEO 50% 1:2 9% 1:11
Crypto 10 index 50% 1:2 9% 1:11

Spread betting CFDs MT4
Bitcoin 38 38 38
Ether 1.4 1.4 1.4
Ripple 0.4 0.4 0.4
Bitcoin Cash 1.8 1.8 1.8
Litecoin 0.5 0.5 0.5
EOS 3.5 3.5 3.5
Stellar 0.15 0.15 0.15
NEO 0.1 0.1 0.1
Crypto 10 index 25 25 n/a

How much will I have to pay?

Margins

Spread betting and CFD trading are forms of leveraged trading, meaning you can win, or lose, a significant amount more than you deposit initially. Though not actually a cost to you, the margin you pay makes a big difference to the affordability of your trade.

Spreads

Your key payment for trading cryptocurrencies is the spread – the difference between the buy and the sell price – which is essentially our commission for executing your trade. We work to keep our spreads among the lowest in the business.

Spot FX Retail margin Leverage equivalent Professional margin Leverage equivalent
Bitcoin 50% 1:2 4.5% 1:22
Ether 50% 1:2 4.5% 1:22
Ripple 50% 1:2 4.5% 1:22
Bitcoin Cash 50% 1:2 9% 1:11
Litecoin 50% 1:2 9% 1:11
EOS 50% 1:2 9% 1:11
Stellar 50% 1:2 9% 1:11
NEO 50% 1:2 9% 1:11
Crypto 10 index 50% 1:2 9% 1:11

Spread betting CFDs MT4
Bitcoin 38 38 38
Ether 1.4 1.4 1.4
Ripple 0.4 0.4 0.4
Bitcoin Cash 1.8 1.8 1.8
Litecoin 0.5 0.5 0.5
EOS 3.5 3.5 3.5
Stellar 0.15 0.15 0.15
NEO 0.1 0.1 0.1
Crypto 10 index 25 25 n/a

Opening a spread betting or CFD account with IG is free and simple, gives you access to 11 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.

Choose the UK’s No.1 retail FX provider1

IG is home to more retail forex traders in the UK than any other forex trading provider. Why trade with anyone but the No.1?

Choose the UK’s No.1 retail FX provider1

IG is home to more retail forex traders in the UK than any other forex trading provider. Why trade with anyone but the No.1?

FAQs

What’s in the Crypto 10 index?

Our Crypto 10 index* is comprised of:

  • Bitcoin
  • Ether
  • Ripple
  • Litecoin
  • Bitcoin cash
  • EOS
  • Bitcoin SV
  • Cardano
  • Monero
  • Stellar
*Please note that constituents are changed every quarter.

You might be interested in…

Go long or short on bitcoin to make the most of volatility.

Open a position on litecoin via your CFD or spread betting account.

Take advantage of ripple (XRP) price movements.

1 Based on revenue excluding FX (published half-yearly financial statements, June 2019).
2 While leverage magnifies profits, it will also magnify losses.
3 Negative balance protection is not available for professional accounts.
4 Guaranteed stops incur a small premium if triggered.
5 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.