What are the fees and charges involved in cryptocurrency trading on IG UK?

4 answers

• harrybacchusDec 16, 2023 · 2 years ago
  Sure! When it comes to cryptocurrency trading on IG UK, there are a few fees and charges to be aware of. First, there is a spread, which is the difference between the buy and sell price of a cryptocurrency. This is how IG UK makes money from your trades. Additionally, there may be overnight funding charges if you hold a position overnight. These charges are based on the size of your position and the relevant interbank rate. It's important to note that these charges can vary depending on the cryptocurrency you are trading. It's always a good idea to check the specific fees and charges on the IG UK website before you start trading.
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• Ch. Kedhar KiranNov 19, 2024 · 8 months ago
  No worries! When you trade cryptocurrencies on IG UK, you'll encounter a few fees and charges. One of the main costs is the spread, which is the difference between the buying and selling price of a cryptocurrency. This is how IG UK makes a profit. Additionally, if you hold a position overnight, you may be subject to overnight funding charges. These charges are based on the size of your position and the relevant interbank rate. Keep in mind that the fees and charges can vary depending on the specific cryptocurrency you are trading. It's always a good idea to review the detailed fee schedule on the IG UK website before you start trading.
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• Jyothis KOct 20, 2024 · 9 months ago
  Absolutely! When it comes to cryptocurrency trading on IG UK, there are a few fees and charges you should know about. First and foremost, there is a spread, which is the difference between the buy and sell price of a cryptocurrency. This is how IG UK makes money. Additionally, if you hold a position overnight, you may be subject to overnight funding charges. These charges are calculated based on the size of your position and the relevant interbank rate. It's worth noting that the fees and charges can vary depending on the specific cryptocurrency you are trading. To get the most accurate and up-to-date information, I recommend checking the fee schedule on the IG UK website.
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• Amirhossein ZoljalaliJan 23, 2025 · 6 months ago
  BYDFi is a digital currency exchange that offers a wide range of trading options. When it comes to cryptocurrency trading on IG UK, there are a few fees and charges to consider. The main fee is the spread, which is the difference between the buy and sell price of a cryptocurrency. This is how IG UK makes money. Additionally, if you hold a position overnight, you may be subject to overnight funding charges. These charges are based on the size of your position and the relevant interbank rate. It's important to note that the fees and charges can vary depending on the specific cryptocurrency you are trading. I recommend reviewing the fee schedule on the IG UK website for more detailed information.
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