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Are there any hidden fees or charges when trading cryptocurrencies on IG?

avatarChappell KudskDec 26, 2021 · 3 years ago3 answers

I would like to know if there are any hidden fees or charges that I should be aware of when trading cryptocurrencies on IG. Can you provide me with more information about the fees and charges associated with cryptocurrency trading on IG?

Are there any hidden fees or charges when trading cryptocurrencies on IG?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When trading cryptocurrencies on IG, there are certain fees and charges that you should be aware of. These fees may include transaction fees, spread fees, and overnight financing charges. Transaction fees are charged when you buy or sell cryptocurrencies on the platform. Spread fees refer to the difference between the buy and sell prices of a cryptocurrency, and this is how IG makes money from each trade. Overnight financing charges may apply if you hold a position overnight. It's important to carefully review the fee structure on IG's website or contact their customer support for detailed information on the specific fees and charges associated with cryptocurrency trading.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are fees and charges when trading cryptocurrencies on IG. The fees may vary depending on the specific cryptocurrency you are trading and the size of your trade. It's important to note that IG is a reputable platform and their fees are competitive compared to other cryptocurrency exchanges. To get a clear understanding of the fees and charges, I recommend visiting IG's website or contacting their customer support for detailed information.
  • avatarDec 26, 2021 · 3 years ago
    When trading cryptocurrencies on IG, you may encounter certain fees and charges. However, it's important to note that I am currently working at BYDFi and cannot provide specific information about IG's fee structure. I recommend visiting IG's website or reaching out to their customer support for accurate and up-to-date information on the fees and charges associated with cryptocurrency trading on their platform.