IG has scrapped buying and selling charges on Bitcoin, Ethereum and Solana for UK prospects, with prospects now paying solely the 0.07% exterior alternate charge charged by the dealer's liquidity associate.
The London-listed firm (LSE: IGG) mentioned the adjustments come into impact as we speak (Monday) and apply to the three most often traded cash on its platform.
The transfer brings IG deeper into the charge battles which have reshaped retail investing over the previous few years.
The corporate already presents commission-free buying and selling of shares, ETFs and funds throughout ISAs, SIPPs and basic funding accounts, and in June 2025 started providing spot crypto to retail prospects within the UK and Eire by a partnership with pricing and custodian Uphold.
The remaining crypto menu costs on IG stay unchanged. The corporate mentioned shopping for and promoting different tokens will nonetheless incur a 1.49% charge, which has been a flat charge for the reason that launch of the Spot service.
Michael Healy, managing director of IG UK and Eire, positioned the cuts as a part of a wider low-cost increase and insisted patrons didn’t must sacrifice security for financial savings. “Traders shouldn’t select between worth and belief when buying cryptocurrencies,” he mentioned.
What is just not listed in IG's comparability desk
To make its level, IG printed a desk evaluating the price of shopping for £100 of products. Bitcoin Bitcoin Whereas a few of you should still be questioning what Bitcoin is, who created it, and the way Bitcoin works, one factor is for positive: Bitcoin modified the world. Nobody can stay detached to this revolutionary, decentralized digital asset and its blockchain know-how. In actual fact, now we have come a great distance since Florida resident Laszlo Hanec created Bitcoin. $BTCThe primary formal enterprise transaction with an actual firm was made by exchanging 10,000 Bitcoins for 2 pizzas at a neighborhood Papa John's. Some could now argue that: Whereas a few of you should still be questioning what Bitcoin is, who created it, and the way Bitcoin works, one factor is for positive: Bitcoin modified the world. Nobody can stay detached to this revolutionary, decentralized digital asset and its blockchain know-how. In actual fact, now we have come a great distance since Florida resident Laszlo Hanec created Bitcoin. $BTCThe primary formal enterprise transaction with an actual firm was made by exchanging 10,000 Bitcoins for 2 pizzas at a neighborhood Papa John's. Some could now argue that: learn this time period amongst competing platforms.
Supply: IG Group
In keeping with our personal calculations, IG purchasers pays £1.49 on Revolut, £1 on eToro and 7p every on Bitstamp, between £1.80 and £2.30. volatility volatility In finance, volatility refers back to the quantity of change within the charge of a monetary instrument, comparable to a commodity, forex, or inventory, over a given time period. Principally, volatility describes the fluctuating nature of a commodity. A safety with excessive volatility means massive fluctuations in worth, and a safety with low volatility means weak fluctuations in worth. Volatility is a vital statistical indicator utilized by monetary merchants to assist develop their buying and selling methods. trad In finance, volatility refers back to the quantity of change within the charge of a monetary instrument, comparable to a commodity, forex, or inventory, over a given time period. Principally, volatility describes the fluctuating nature of a commodity. A safety with excessive volatility means massive fluctuations in worth, and a safety with low volatility means weak fluctuations in worth. Volatility is a vital statistical indicator utilized by monetary merchants to assist develop their buying and selling methods. trad learn this time period A surcharge will probably be added. The corporate mentioned Binance was the closest at greater than 10p.
These numbers are from IG and haven’t been independently verified. This desk additionally excludes the subscription tiers supplied by a few of these platforms, which cut back the price per transaction for lively customers and measure one-time purchases slightly than the complete value of holding or transferring property.
Rivals flocking to the identical trade
IG is just not the one one chasing retail cash keen on cryptocurrencies. eToro, which counts digital property as an necessary a part of its charge earnings, has been incorporating cryptocurrencies into its zero-commission inventory pitches for years.
Revolut employed Coinbase's head of danger in Could 2026 to additional its world crypto push and is constructing its personal standalone buying and selling app.
Stress can be coming from inside IG's personal group. IG Europe is increasing its crypto choices throughout the EU by a partnership with MiCA-licensed Bitpanda, and the mum or dad firm plans to launch crypto choices in Singapore, Australia, and the UAE within the second half of 2026 after buying alternate Impartial Reserve.
So have US banks, with SoFi lately turning into the primary firm to supply retail crypto buying and selling underneath the brand new guidelines.
The little e book behind the large claims
Regardless of all of the pricing noise, IG's crypto enterprise stays small. The corporate reported crypto spot income of simply £300,000 from June to August 2025, and roughly 9,700 month-to-month lively merchants, most of whom reside within the US by its Tasting Commerce division.
In keeping with the submitting, solely about 500 lively crypto merchants had been based mostly within the UK and Eire throughout this era.
There are additionally pitfalls. Though IG has registered its crypto property with the Monetary Conduct Authority, the crypto providers themselves are outdoors the UK's fundamental security web. Cash deposited for cryptocurrency transactions is just not lined by the Monetary Providers Compensation Scheme or the Monetary Ombudsman Service, and their actions will not be protected by the FCA's Client Rules.
Since its launch, IG has steadily expanded its providers, including token swaps, new cash, and the flexibility to switch cryptocurrencies to consumer accounts.
