What are the fees for trading cryptocurrencies on IG?

3 answers

• DetyckwsJun 29, 2022 · 3 years ago
  When trading cryptocurrencies on IG, there are several fees to consider. Firstly, there is a spread fee, which is the difference between the buy and sell price of a cryptocurrency. This fee is built into the price you see on the platform. Additionally, there may be overnight funding charges if you hold positions overnight. These charges vary depending on the cryptocurrency and the size of your position. Lastly, there may be transaction fees for certain types of trades, such as using leverage or trading on margin. It's important to review the fee schedule on the IG platform or contact their customer support for specific details on the fees associated with trading cryptocurrencies.
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• Abhinandan ChoudharyJan 07, 2024 · 2 years ago
  Trading cryptocurrencies on IG comes with its own set of fees. The spread fee is one of the main fees you'll encounter, as it is the difference between the buy and sell price of a cryptocurrency. This fee is included in the price you see on the platform. Additionally, there may be overnight funding charges if you hold positions overnight. These charges can vary depending on the cryptocurrency and the size of your position. Lastly, there may be transaction fees for certain types of trades, such as using leverage or trading on margin. It's important to understand these fees before engaging in cryptocurrency trading on IG.
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• ihatelagalotAug 27, 2023 · 2 years ago
  When it comes to trading cryptocurrencies on IG, there are a few fees to keep in mind. The spread fee is the primary fee you'll encounter, which is the difference between the buy and sell price of a cryptocurrency. This fee is already factored into the displayed price on the platform. Additionally, there may be overnight funding charges if you hold positions overnight. These charges can vary depending on the cryptocurrency and the size of your position. Lastly, there may be transaction fees for certain types of trades, such as using leverage or trading on margin. It's always a good idea to review the fee schedule on the IG platform or reach out to their customer support for more specific information on the fees associated with trading cryptocurrencies.
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