Buy Bitcoin with zero commission — how IG's fees actually compare
IG removed commission on its three most popular cryptocurrencies in June 2026, leaving only a 0.07% external exchange fee — making it one of the lowest-cost options in the UK market for Bitcoin, Ethereum and Solana.
Key Takeaway
- IG charges zero commission on Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) — effective June 2026.
- A 0.07% external exchange fee applies — charged by IG's liquidity partner Uphold. That is 7p on a £100 BTC purchase.
- For all other crypto on IG (100+ tokens), a flat 1.49% fee still applies.
- IG's 0.07% is significantly lower than eToro (1%), Revolut standard (1.49%), Coinbase Simple (0.5% spread + fee), and Bitstamp (0.5–2.3%).
- Binance charges ~£0.10 on £100 but is not FCA-registered in the UK. Always check FCA registration before depositing.
- Comparing crypto fees: check spreads, funding fees, withdrawal costs, and minimum deposits — not just headline commission.
If you've been put off buying Bitcoin, Ethereum or Solana by the cost of fees, the picture has changed. IG removed commission on its three most popular cryptocurrencies in June 2026, leaving only a 0.07% external exchange fee — making it one of the lowest-cost options in the UK market for those three coins.
This article explains exactly what you pay, how that stacks up against Revolut, eToro, Coinbase and Binance, and what to watch out for when comparing crypto costs.
7p
Cost of a £100 BTC purchase on IG
7m+
UK adults now own crypto (FCA,
2026)
0%
IG commission on BTC, ETH and
SOL
What does "zero commission" actually mean?
Zero commission means IG no longer charges its own fee when you buy or sell Bitcoin (BTC), Ethereum (ETH) or Solana (SOL). That said, one small cost remains: a 0.07% external exchange fee charged by IG's liquidity partner, Uphold, which handles pricing and custody. On a £100 Bitcoin purchase, that works out at just 7p.
For all other cryptocurrencies on IG's platform — which currently covers over 100 tokens — a flat 1.49% fee still applies when buying, selling or swapping. The zero-commission rate applies exclusively to BTC, ETH and SOL, including swaps between those three coins.
Commission in this context refers to IG's brokerage charge — the fee the platform takes for facilitating your trade. It's separate from the spread (the difference between the buy and sell price) and any external infrastructure costs. IG's 0.07% is that infrastructure cost passed through at cost, not a profit margin.
Zero commission on BTC, ETH and SOL
How IG's crypto fees compare to other UK platforms
IG's new pricing undercuts several established UK crypto platforms on a straight fee-per-trade basis for BTC, ETH and SOL. Here's a breakdown of what you'd pay on a £100 Bitcoin purchase across the main UK-accessible providers (IG fee comparison data, June 2026).
| Platform | Fee type | Cost on £100 BTC | FCA registered? |
| IG | 0.07% external fee (no commission) | £0.07 | Yes (FCA registered) |
| Binance | Tiered trading fee | ~£0.10 | No (offshore) |
| eToro | 1% flat spread | £1.00 | Yes |
| Revolut (standard) | 1.49% flat spread | £1.49 | Yes (FCA registered) |
| Bitstamp | 0.5%–2.3% spread | £1.80–£2.30 | Yes (FCA registered) |
| Coinbase (Simple) | 0.5% spread + fee | £2.00–£4.00+ | Yes (FCA registered) |
Source: IG fee comparison (June 2026). Binance rate before any additional costs. eToro requires GBP–USD conversion.
What else should you check before comparing costs?
A headline fee doesn't tell the whole story. When comparing crypto platforms, there are several other cost types worth understanding before you decide where to buy.
1. Spreads
A spread is the difference between the price you can buy at and the price you can sell at. Platforms that advertise 'zero commission' sometimes widen spreads to compensate. IG's 0.07% is a separate, explicit fee — IG does not widen the BTC, ETH or SOL spread to cover it.
2. Withdrawal and deposit fees
Some platforms charge fees for depositing or withdrawing GBP via bank transfer or debit card. IG charges no deposit or withdrawal fee for standard bank transfers. Check the fee schedule of any platform before depositing.
3. FCA registration
In the UK, any platform offering crypto to retail investors must be registered with the FCA. Binance is not FCA-registered in the UK and has faced enforcement action. Always verify FCA registration on the FCA Register (fca.org.uk) before depositing funds on any platform.
Quick fact
Is crypto covered by the FSCS?
No. Cryptoassets are not covered by the Financial Services Compensation Scheme (FSCS), which protects up to £85,000 per person if a UK bank or investment firm fails. This applies to all crypto platforms including FCA-registered ones. You should only invest amounts you are prepared to lose entirely.
Cheapest way to buy bitcoin UK — summed up
- IG charges zero commission on BTC, ETH and SOL — a 0.07% external exchange fee applies (7p on £100).
- This compares favourably to eToro (£1.00), Revolut standard (£1.49), Bitstamp (£1.80–£2.30), and Coinbase Simple (£2.00+) on a £100 BTC purchase.
- Binance charges less (~£0.10) but is not FCA-registered in the UK. FCA registration check is essential before depositing.
- Cryptoassets are not FSCS-protected regardless of which platform you use.
- Beyond commission: also check spreads, deposit/withdrawal fees, and FCA registration status.
Getting started with IG
Open a free account in minutes, with no monthly fees and zero commission on Bitcoin, Ethereum and Solana.
Step 1
Create your account - Open a free IG account online or via the app - takes under five minutes.
Step 2
Fund your account - Deposit from £100 with a debit card, bank transfer, or PayPal.
Step 3
Buy crypto - Search for Bitcoin, Ethereum or Solana, set your amount, and confirm.
Open a free account
Zero commission on BTC, ETH and SOL
Frequently asked questions
What is the cheapest way to buy Bitcoin in the UK?
As of June 2026, IG's 0.07% external exchange fee (zero commission) makes it one of the lowest-cost options for buying BTC in the UK among FCA-registered platforms. On a £100 purchase you pay 7p. Binance charges slightly less but is not FCA-registered in the UK, meaning it does not fall under UK consumer protection rules.
Does IG's zero commission apply to all crypto?
No. Zero commission applies only to Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). For all other cryptocurrencies on IG — over 100 tokens — a flat 1.49% fee applies when buying, selling or swapping. The zero-commission rate also applies to swaps between BTC, ETH and SOL.
Is IG FCA-regulated for crypto?
Yes. IG is registered with the FCA for cryptoasset activities and is listed on the FTSE 100. You can verify IG's FCA registration at fca.org.uk. Note: FCA registration does not mean cryptoassets are FSCS-protected — they are not, on any platform.
What is a spread and how does it affect my costs?
A spread is the difference between the buy price and the sell price of an asset. It represents an implicit cost — if you buy and immediately sell, the spread is the gap you lose. Platforms that advertise zero commission sometimes widen spreads to compensate. Always check both the quoted commission and the spread before trading.
Can I buy Bitcoin in GBP on IG?
Yes. IG allows you to buy Bitcoin, Ethereum and Solana directly in GBP. You fund your account in pounds via bank transfer, debit card, or PayPal, and the GBP cost is shown before you confirm any trade. No GBP-to-USD conversion step is required, unlike some other UK platforms.
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Important to know
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, 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. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Past performance is not a reliable indicator of future results.
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