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What are the fees and commissions associated with trading cryptocurrencies on IG Markets in the US?

avatarFly High Smoke ShopDec 16, 2021 · 3 years ago3 answers

Can you provide details about the fees and commissions that are charged when trading cryptocurrencies on IG Markets in the US? I would like to know the costs involved before I start trading.

What are the fees and commissions associated with trading cryptocurrencies on IG Markets in the US?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When trading cryptocurrencies on IG Markets in the US, there are fees and commissions that you need to be aware of. The fees vary depending on the type of trade you make and the size of your trade. It is important to note that IG Markets charges a spread on each cryptocurrency trade, which is the difference between the buy and sell prices. Additionally, there may be overnight funding charges for positions held overnight. It is recommended to check the IG Markets website or contact their customer support for the most up-to-date information on fees and commissions.
  • avatarDec 16, 2021 · 3 years ago
    Trading cryptocurrencies on IG Markets in the US comes with certain fees and commissions. These fees are typically charged as a percentage of the trade value and can vary depending on the specific cryptocurrency being traded. Additionally, there may be additional fees for certain types of trades, such as margin trading. It is important to carefully review the fee schedule provided by IG Markets to understand the costs associated with trading cryptocurrencies on their platform.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to trading cryptocurrencies on IG Markets in the US, it is important to consider the fees and commissions involved. IG Markets is known for its competitive fee structure, offering low spreads and commissions compared to other platforms. However, it is always a good idea to review the fee schedule provided by IG Markets to understand the specific costs associated with trading cryptocurrencies. Keep in mind that fees and commissions can vary depending on the size and type of trade, so it's important to consider these factors before making any trading decisions.