Cryptocurrency trading
You can now trade on leading cryptocurrency markets with Turbo24, the world’s first ever turbo on cryptocurrencies, or take your position with CFDs – no virtual wallet needed. Get broad exposure in a single trade through our Crypto 10 index.1
To open an account, call +35 318 009 95362 or email newaccounts.uk@ig.com. We’re here for you 24 hours a day, from 8am on Saturday to 10pm on Friday.
Contact us +35 318 009 95362
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Get info fast via our instant help and support portal. Available for account queries, ProRealTime, product info and more.
Visit help and support for more information.
Call +35 318 009 95362 or email helpdesk.uk@ig.com if you have any questions about trading or investing. We're available 24/7 between 8am Saturday and 10pm Friday.
Contact us +35 318 009 95362
Why trade on cryptocurrencies with us?
Trade on both rising and falling markets with leverage using Turbo24 or CFDs
Protect your capital and limit your losses with knock-out levels on turbos and guaranteed stops for CFDs2
Trade directly from charts and perform in-depth analysis with powerful technical indicators
Take advantage of low spreads and ultra-fast order execution on our award-winning platform3
Speculate on major cryptos or get wider exposure with our Crypto 10 index1
Which cryptocurrencies can you trade on with us?
With us, you can trade on 11 major cryptocurrencies, two crypto crosses and one crypto index1 which tracks the prices of the top ten cryptocurrencies, weighted by market capitalisation.4
How to trade on cryptocurrencies with us
You can trade on cryptocurrencies using Turbo24 or CFDs.
Turbo24
Trade rising and falling markets on venue with Turbo24. You select your turbo’s built-in knock-out level when taking a position, thereby capping your risk.
And because turbos are priced based on the distance between the current market level and the knock-out, you can get access to flexible leverage.
CFDs
Trade over-the-counter (OTC) using leveraged CFDs to speculate on whether a cryptocurrency’s price will move up or down, without having to open a crypto exchange account or create a virtual wallet.
Set guaranteed stop-losses to cap your risk and use a limit order to lock in profits.2
Open your position on margin.
| Turbo24 | CFDs | |
|---|---|---|
| Main advantage | Flexible leverage and maximum risk amount set when taking your position | Trade rising and falling markets on margin |
| Main risk | Losses can accrue rapidly when trading with leverage | Losses can exceed your margin deposit, so it’s important to manage your risk |
| Available to | All clients | All clients |
| Traded in | Exchange-traded turbo certificates | OTC contracts |
| Commission | Zero commission on trades with a notional value of above €300 | Commission-free (only the spread is applied) |
| Trading platforms | Web platform, mobile app | Web platform, mobile app, third-party crypto trading platform (MT4) |
What is cryptocurrency trading?
When you trade on cryptocurrencies with Turbo24 or CFDs, you’re speculating on whether the price will go up or down – without needing to own any underlying coins.
What are the benefits and risks of cryptocurrency trading?
Magnify your exposure with leverage and go long or short on the price – all without the expense of an exchange account. When trading with leverage, losses can accrue rapidly.
How do I trade on cryptocurrencies in Ireland?
- Open a Turbo24 or CFD account
- Find an opportunity
- Take a position
- Monitor your trade
Open a Turbo24 or CFD account
Open a Turbo24 or CFD account
How much does it cost to trade on cryptocurrencies?
- Spreads
- Margin
Spreads
You’ll pay no commission on CFD or Turbo24 trades.5 So, the most important fee to consider when trading on cryptocurrencies is the spread – the difference between the buying and selling prices.
The spread is the fee charged to guarantee market liquidity. We strive to keep our spreads among the lowest on the market. For Turbo24, a risk-protection premium is included in the price; however, you’ll receive the full premium amount back if you exit your trade on the same day without being knocked out.
| Turbo24 [6] | CFDs [6] | MT4 [6] | |
| Bitcoin | 100 | 112 | 112 |
| Ether | 6 | 7.7 | 7.7 |
| Bitcoin Cash | N/A | 2.9 | 2.9 |
| Litecoin | N/A | 1.1 | 1.1 |
| EOS | N/A | 2.3 | 2.3 |
| Stellar | N/A | 0.2 | 0.2 |
| Cardano | N/A | 1.4 | N/A |
| Chainlink | N/A | 17.1 | N/A |
| Polkadot | N/A | 17.8 | N/A |
| Dogecoin | N/A | 0.2 | N/A |
| Uniswap | N/A | 10.8 | N/A |
| Bitcoin Cash/Bitcoin | N/A | 0.8 | N/A |
| Ether/Bitcoin | N/A | 3 | N/A |
| Crypto 10 index | N/A | 120 | N/A |
| Solana | N/A | 1.6 | N/A |
| Avalanche | N/A | 0.4 | N/A |
Margin
When trading CFDs, you’ll open your position on margin – a deposit that’s only a fraction of your total exposure. Please remember, though, that your losses can significantly exceed your original deposit when trading on margin.
When trading Turbo24, no margin deposit is required; therefore, there are no margin calls. You’ll take a position by paying only a fraction of your total exposure. Unlike with margin deposits, your losses are capped to the amount paid to take your position and cannot exceed your deposit.
| CFD margin deposit for retail clients | Leverage ratio | |
|---|---|---|
| Bitcoin | 50% | 2.1 |
| Ether | 50% | 2.1 |
| Bitcoin Cash | 50% | 2.1 |
| Litecoin | 50% | 2.1 |
| EOS | 50% | 2.1 |
| Stellar | 50% | 2.1 |
| Cardano | 50% | 2.1 |
| Chainlink | 50% | 2.1 |
| Polkadot | 50% | 2.1 |
| Dogecoin | 50% | 2.1 |
| Uniswap | 50% | 2.1 |
| Bitcoin Cash/Bitcoin | 50% | 2.1 |
| Ether/Bitcoin | 50% | 2.1 |
| Crypto 10 index | 50% | 2.1 |
| Solana | 50% | 2.1 |
| Avalanche | 50% | 2.1 |
Trade on crypto with Ireland's best trading platform1
Enjoy a seamless crypto trading experience with our award-winning technology.1
- Web-based platform
- Mobile trading app
- Third-party trading platforms
Web-based platform
Our web-based platform is optimised for online trading using derivatives like Turbo24 and CFDs. We offer price alerts, interactive charts and a suite of risk management and research tools.
Mobile trading app
Our tablet and mobile trading platform has been optimised for iPhone and Android. You’ll have access to the same tools as on the web-based platform and be able to view mobile charts on the go.Trade on cryptos on the go, wherever and whenever. Our tablet and mobile trading platform has been optimised for iPhone and Android.
Third-party trading platforms
Take even greater control over your cryptocurrency trading with our built-in access to a range of advanced third-party platforms like MT4, ProRealTime and APIs.
Get the latest cryptocurrency news
-
Market reacts to potential Republican sweep: shifts in Treasury yields and bitcoin surge
2024-11-06T05:33:45+0000
FAQs
Try these next
No switch account? No problem. Position yourself long or short with bitcoin turbos or CFDs.
Trade on ether – regardless of whether it rises or falls – without having to own any coins.
Find out everything you should know about the next bitcoin halving.
1 Bitcoin and ether are the only cryptocurrencies that you can trade on using Turbo24. The Crypto 10 index together with any other cryptos or crypto crosses mentioned on this page are available exclusively via CFDs.
2 Stop-loss orders close your position automatically if the market moves against you. Normal stop-loss orders are free, but there’s no guarantee of protection against slippage. Guaranteed stops will close your position at exactly the price you specified but incur a premium if triggered.
3 Best trading platform as awarded at the ADVFN International Financial Awards 2021 and Professional Trader Awards 2019. Best trading app as awarded at the ADVFN International Financial Awards 2021.
4 BITA, 2022.
5 All Turbo24 trades with a notional value of above €300 are commission-free.
6 The spreads shown are accurate as at July 2022 and are subject to change.
