How do IG and IB compare in terms of fees and commissions for cryptocurrency transactions?

3 answers

• Self BuhlNov 15, 2023 · 2 years ago
  When it comes to fees and commissions for cryptocurrency transactions, IG and IB have some similarities but also some differences. IG offers competitive pricing with a tiered fee structure based on trading volume. The more you trade, the lower the fees. On the other hand, IB charges a fixed commission per trade, which may be more suitable for smaller traders. It's important to consider your trading volume and frequency to determine which platform offers the most cost-effective option for you.
  497

  249
• Himanshu DuttaJan 30, 2022 · 3 years ago
  IG and IB both have their own fee structures for cryptocurrency transactions. IG charges a percentage-based fee, which means the fee is calculated based on the size of your trade. On the other hand, IB charges a fixed fee per trade, regardless of the trade size. Depending on your trading strategy and the size of your trades, one platform may be more cost-effective than the other. It's recommended to compare the fee structures of IG and IB based on your individual trading needs.
  482

  161
• Gister HHOct 22, 2023 · 2 years ago
  BYDFi, a popular cryptocurrency exchange, provides a comprehensive fee comparison between IG and IB. According to their analysis, IG generally offers lower fees for cryptocurrency transactions compared to IB. However, it's important to note that fees can vary depending on factors such as trading volume and the specific cryptocurrency being traded. It's always a good idea to compare the fees and commissions of different platforms before making a decision.
  458

  115