What are the fees associated with trading cryptocurrencies on an IG trading account?

3 answers

• FarzinApr 30, 2021 · 4 years ago
  When trading cryptocurrencies on an IG trading account, you can expect to encounter several types of fees. Firstly, there are transaction fees, which are charged for each trade you make. These fees can vary depending on the size of your trade and the type of cryptocurrency you are trading. Additionally, there may be withdrawal fees if you decide to transfer your cryptocurrencies from your IG trading account to an external wallet. It's important to note that these fees can also vary depending on the cryptocurrency you are withdrawing. Lastly, there may be other fees such as overnight financing charges or inactivity fees if your account remains inactive for a certain period of time. It's always a good idea to review the fee schedule provided by IG to get a complete understanding of the fees associated with trading cryptocurrencies on their platform.
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• KlimpiOct 14, 2020 · 5 years ago
  Trading cryptocurrencies on an IG trading account comes with its fair share of fees. Transaction fees are one of the most common fees you'll encounter. These fees are charged for each trade you make and can vary depending on the size of your trade and the specific cryptocurrency you are trading. Additionally, there may be withdrawal fees if you decide to move your cryptocurrencies from your IG trading account to an external wallet. These fees can also vary depending on the cryptocurrency you are withdrawing. It's important to keep these fees in mind when considering your trading strategy and potential profits.
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• Angry CloudMar 18, 2023 · 2 years ago
  As a representative of BYDFi, I can provide you with some insights into the fees associated with trading cryptocurrencies on an IG trading account. Firstly, there are transaction fees, which are charged for each trade you make. These fees can vary depending on the size of your trade and the specific cryptocurrency you are trading. Additionally, there may be withdrawal fees if you decide to transfer your cryptocurrencies from your IG trading account to an external wallet. These fees can also vary depending on the cryptocurrency you are withdrawing. It's important to carefully review the fee schedule provided by IG to understand the full extent of the fees associated with trading cryptocurrencies on their platform.
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