Cryptocurrency trading

Trade bitcoin, ethereum, ripple and litecoin pairs without owning them, with the world’s No.1 CFD provider1

Only available on an international account*

Why trade cryptocurrencies with IG?

  • Go short as well as long

    Take a position when you expect a cryptocurrency to fall in value, as well as rise

  • Improved liquidity

    So there's more chance of executing your full trade at your chosen price

  • No exchange account

    Get started straight away, without the hassle of an exchange account

  • Deal on leverage

    Gain exposure to major cryptocurrency pairs without tying up lots of capital

  • Bitcoin

    Speculate on which way bitcoin’s price will go, instead of purchasing the cryptocurrency.

    Bitcoin trading

  • Ethereum

    Go long or short on ethereum without the need for a wallet or specialist technology.

    Ethereum trading

  • Ripple

    Take advantage of ripple price volatility via CFD trading.

    Ripple trading

  • Litecoin

    Buy and sell litecoin via leveraged trading, so you don’t need an exchange account.

    Litecoin trading

What are cryptocurrencies?

Cryptocurrencies are virtual currencies which operate independently of banks and governments, but can still be exchanged – or speculated on – just like any physical currency. 

While there’s a huge number of cryptocurrencies available, we offer CFD trading on five of the most popular: bitcoin, bitcoin cash, ripple, litecoin and ethereum.

Live cryptocurrency prices

Markets Bid Offer Updated Change
Bitcoin (USD)
Bitcoin Cash (USD)
Ether (USD)
Ripple (USD)
Litecoin (USD)

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

How can I trade CFDs on cryptocurrencies

There are two ways to trade cryptocurrencies: buy them in the hope of selling them on at a profit, or speculate on their value without owning them via CFD trading.

To trade CFDs on cryptocurrencies, you’ll need to:

  1. Create an account

As a CFD trader, you won’t need an account with a cryptocurrency exchange, or a wallet to store your tokens. Just an account with a leverage provider.

  1. Do your research

Cryptocurrencies may be free from many of the factors that influence traditional currencies, but you need to make sure you know your market.

  1. Apply your strategy

Settling on a trading strategy depends on your goals and preferences, and deciding which is right for you is key to your long and short-term success.

  1. Place a trade

Enter your position size, define your close conditions and click ‘buy’ if you think the cryptocurrency will rise in value, or ‘sell’ if you think it will fall.

  1. Close your position

Once you’ve reached your target – or decided it’s time to cut your losses – you’ll close out your position by reversing your original action: so if you bought, you sell, and vice versa.

Keep in mind that as CFDs are leveraged products, you’ll only ever need to put down a small deposit to gain exposure to the full value of the trade. This means your capital goes further, but you also stand to lose more than your initial outlay.

Compare cryptocurrencies


  • Exclusively used as a currency
  • Initially released in 2009
  • 16.5 million bitcoins in circulation (or ‘mined’)
  • Market cap of around $264 billion2
  • There is a finite supply of 21 million available (it is ‘deflational’)


  • Underpins a global payment network called RippleNet
  • Initially released in 2012
  • 39 billion XRP units currently in circulation3
  • Market cap of around $130 billion3
  • There is a finite supply of 100 billion available (it is ‘deflational’)


  • Used for a wide range of smart contract applications
  • Initially released in 2015
  • 93 million ether units in circulation
  • Market cap of around $100 billion2
  • There is an unlimited supply available (it is ‘inflational’)


  • Exclusively used as a currency
  • Initially released in 2011
  • 53 billion LTC units currently in circulation3
  • Market cap of around $10 billion3
  • There is a finite supply of 84 million available (it is ‘deflational’)

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

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Please note: cryptocurrencies are available to trade on an international account only

*South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use their credit or debit cards to fund their international account.

Based on revenue excluding FX (published financial statements, February 2018).

2 As of January 2018

Contact us

24 hours a day from 10am Saturday to Friday night at midnight.

010 344 0053

You can also email

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.