What are the charges for trading cryptocurrencies on IG?

5 answers

• Gregor CarreraApr 11, 2024 · a year ago
  When trading cryptocurrencies on IG, there are several charges that you should be aware of. Firstly, IG charges a spread on each trade, which is the difference between the buy and sell prices. This spread can vary depending on the cryptocurrency you are trading and market conditions. Additionally, there may be overnight funding charges if you hold positions overnight. These charges are based on the size of your position and the current interest rates. It's important to note that IG does not charge any commission on cryptocurrency trades. However, it's always a good idea to check the latest fee schedule on the IG website to ensure you have the most up-to-date information.
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• rodericusOct 02, 2022 · 3 years ago
  Trading cryptocurrencies on IG comes with certain charges that you should consider. The main charge is the spread, which is the difference between the buy and sell prices. This spread can vary depending on market conditions and the specific cryptocurrency you are trading. Additionally, if you hold positions overnight, there may be overnight funding charges. These charges are calculated based on the size of your position and the prevailing interest rates. It's worth noting that IG does not charge any commission on cryptocurrency trades. To get the most accurate and up-to-date information on charges, it's recommended to visit the IG website or contact their customer support.
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• Bjerre AlmeidaOct 01, 2022 · 3 years ago
  When it comes to trading cryptocurrencies on IG, you'll be pleased to know that they don't charge any commission on your trades. However, there are a few charges to keep in mind. The main charge is the spread, which is the difference between the buy and sell prices. This spread can vary depending on market conditions and the specific cryptocurrency you are trading. Additionally, if you hold positions overnight, there may be overnight funding charges. These charges are calculated based on the size of your position and the prevailing interest rates. To find out the exact charges for trading cryptocurrencies on IG, you can visit their website or contact their customer support for more information.
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• Alejandro Castillo RamírezSep 12, 2020 · 5 years ago
  Trading cryptocurrencies on IG is a commission-free experience. However, there are a few charges that you should be aware of. The main charge is the spread, which is the difference between the buy and sell prices. This spread can vary depending on market conditions and the specific cryptocurrency you are trading. Additionally, if you hold positions overnight, there may be overnight funding charges. These charges are calculated based on the size of your position and the prevailing interest rates. It's important to note that IG provides transparent information about their charges on their website, so you can easily find the details you need before starting to trade.
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• Samuel ReginaldoNov 20, 2021 · 4 years ago
  BYDFi, a popular cryptocurrency exchange, does not charge any commission on trading cryptocurrencies. However, there are certain charges that you should be aware of. The main charge is the spread, which is the difference between the buy and sell prices. This spread can vary depending on market conditions and the specific cryptocurrency you are trading. Additionally, if you hold positions overnight, there may be overnight funding charges. These charges are calculated based on the size of your position and the prevailing interest rates. To get the most accurate and up-to-date information on charges, it's recommended to visit the BYDFi website or contact their customer support.
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