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.

Cryptocurrency trading

Trade eight cryptocurrencies including bitcoin, ether and litecoin – no wallet needed. Or get broad exposure in a single trade with our Crypto 10 index.

Cryptocurrency trading is only available to professional traders.
Find out more about our professional account

Our helpdesk is available 24 hours a day, from 8am Saturday to 10pm Friday. Call 0800 195 3100 or email newaccounts.uk@ig.com.

Contact us: 0800 195 3100

Our helpdesk is available 24 hours a day, from 8am Saturday to 10pm Friday. Call 0800 195 3100 or email newaccounts.uk@ig.com.

Contact us: 0800 195 3100

Why trade cryptocurrencies with us?

If you’re a professional trader looking to trade cryptocurrencies with spread bets or CFDs, you’ll be able to:

Trade rising and falling prices on leverage to make the most of volatility1

Our deep internal liquidity means there’s more chance of executing a trade at your chosen price

Protect your capital with guaranteed stops2

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

Speculate on ten cryptos, or get wider exposure to the market with our Crypto 10 index

Tax-free profits when you place a spread bet on cryptos3

Cryptocurrencies you can trade with us

Bitcoin cash

Stellar (XLM)

NEO

EOS

Professional traders can also trade our Crypto 10 index, getting simultaneous exposure to the ten largest coins with a single trade.

Live prices on popular cryptos

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

Ways to trade cryptocurrencies with us in the UK

Crypto spread betting Crypto CFD trading
Main benefits Profits are tax-free in the UK3 Tax-deductible losses are useful for hedging3
Available to Professional clients only Professional clients only
Traded in £ (or other base currency) per point Contracts
Tax status No capital gains tax (CGT) or stamp duty3 No stamp duty, but you do pay CGT. Losses can be offset as a tax deduction3
Commission Commission-free (just pay our spread) Commission-free (just pay our spread)
Platforms Web, mobile app and advanced crypto trading platforms Web, mobile app and advanced crypto trading platforms
Learn more Learn more

What is cryptocurrency trading?

Cryptocurrency trading is a way for professional traders to speculate on the market price of cryptocurrency with financial derivatives like spread bets and CFDs.

What are the benefits of cryptocurrency trading?

The main benefits of crypto trading include tax-efficiency,4 the ability to open a position with leverage, and the option to speculate on prices rising or falling.

Plus, you’ll never need an exchange account or digital wallet.

Who can trade cryptocurrencies?

To trade cryptocurrencies, you’ll need to have a professional trading account.

If you do, then you’ll be able to reap the benefits of trading cryptos with financial derivatives like spread bets or CFDs.

How much will I have to pay?

Margins

Spread bets and CFDs are traded with leverage. This means you can gain or lose a significant amount more than you deposit. 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. Essentially, this is our commission for executing your trade – and we work to keep our spreads among the lowest in the business.

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

Spread betting CFDs MT4
Bitcoin 36 36 36
Ether 1.2 1.2 1.2
Bitcoin Cash 2 2 2
Litecoin 0.4 0.4 0.4
EOS 4 4 4
Stellar 0.2 0.2 0.2
Crypto 10 index 38 38 n/a

How much will I have to pay?

Margins

Spread bets and CFDs are traded with leverage. This means you can gain or lose a significant amount more than you deposit. 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. Essentially, this is our commission for executing your trade – and we work to keep our spreads among the lowest in the business.

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

Spread betting CFDs MT4
Bitcoin 36 36 36
Ether 1.2 1.2 1.2
Bitcoin Cash 2 2 2
Litecoin 0.4 0.4 0.4
EOS4 4 4 4
Stellar 0.2 0.2 0.2
Crypto 10 index 38 38 n/a

The UK’s best crypto trading platform

Discover crypto opportunity on the UK’s best web-based platform and mobile trading app,4 as well as popular third-party platforms including MetaTrader 4.

FAQs

Under FCA rules, only professional traders can trade cryptocurrency with derivatives like spread bets and CFDs. Learn more about professional trading and check your eligibility on our professional account page.

Our Crypto 10 index tracks the price of the top ten cryptocurrencies, changed every quarter:

  • Bitcoin
  • Ether
  • Litecoin
  • Bitcoin cash
  • EOS
  • Bitcoin SV
  • Cardano
  • Monero
  • Stellar

Try these next

No exchange account? No problem. Go long or short on bitcoin with spread betting or CFDs.

Trade ‘the silver to bitcoin’s gold’ – whether it’s headed up or down, with no need to own coins.

Discover everything you need to know about trading the next bitcoin halving.

1 While leverage magnifies profits, it will also magnify losses.
2 Guaranteed stops incur a small premium if triggered.
3 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
4 Best trading platform as awarded at the ADVFN International Financial Awards and Professional Trader Awards 2019. Best trading app as awarded at the ADVFN International Financial Awards 2020.