IG has scrapped trading commissions on Bitcoin, Ethereum and Solana for its UK clients, leaving customers to pay only a 0.07% external exchange fee charged by the broker's liquidity partner.
The London-listed firm (LSE: IGG) said the change took effect today (Monday) and applies to the three coins it sees traded most often on its platform.
A Price War Comes to The UK Crypto
The move pushes IG deeper into a fee fight that has reshaped retail investing over the past few years.
The broker already offers commission-free dealing in stocks, ETFs and funds across ISAs, SIPPs and general investment accounts, and it began offering spot crypto to UK and Irish retail clients in June 2025 through a partnership with Uphold, which handles pricing and custody.
Pricing on the rest of IG's crypto menu has not moved. The company said buying or selling any other token still carries a 1.49% fee, the flat rate it has charged since the spot service went live.
IG UK and Ireland Managing Director Michael Healy framed the cut as part of a broader low-cost build-out, arguing that buyers should not have to trade away safety for savings. "Investors shouldn't have to choose between value and trust when buying crypto," he said.
What IG's Comparison Table Leaves Out
To make its case, IG published a table comparing the cost of buying £100 of Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made $BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made $BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term across rival platforms.
|
Provider |
Initial investment |
Total paid in commission / spread |
Other charges |
Total cost |
|
IG |
£100 |
£0 |
£0.07 |
£0.07 |
|
Bitstamp |
£100 |
£1.80 |
Up to £0.50 extra during high volatility |
£1.80-£2.30 |
|
Revolut |
£100 |
£1.49 (trading fee) |
£0 |
£1.49 |
|
eToro |
£100 |
£1.00 (1% spread fee on buy) |
£0 |
£1.00 |
|
Binance |
£100 |
£0.10 |
Variable loan interest and margin interest fees |
£0.10 |
Source: IG Group
By its own reckoning, an IG client would pay 7 pence, against £1.49 at Revolut, £1 at eToro and between £1.80 and £2.30 at Bitstamp once volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term surcharges are added. Binance came closest, at 10 pence or more, the company said.
Those figures come from IG and have not been independently verified. The table also excludes the subscription tiers that several of those platforms offer, which can cut per-trade costs for active users, and it measures a one-off purchase rather than the full cost of holding or moving the asset.
Rivals Crowd Into the Same Trade
IG is far from alone in chasing crypto-curious retail money. eToro, which counts digital assets as a meaningful slice of its commission income, has long folded crypto into its zero-commission equity pitch.
Revolut hired Coinbase's risk chief in May 2026 to drive a global crypto push and has been building out its own standalone dealing app.
The pressure is also coming from inside IG's own group. IG Europe is expanding crypto across the EU through a tie-up with MiCA-licensed Bitpanda, while the parent firm plans to launch a crypto offering in Singapore, Australia and the UAE in the second half of 2026 after buying the exchange Independent Reserve.
US banks are circling too, with SoFi recently becoming the first to offer retail crypto trading under new rules.
A Small Book Behind the Big Claim
For all the pricing noise, IG's crypto business is still tiny. The company reported just £0.3 million in spot crypto revenue between June and August 2025 and about 9,700 monthly active traders, most of them in the US through its tastytrade arm.
Only around 500 active crypto traders were based in the UK and Ireland over that stretch, according to the filing.
There is also a catch. IG holds a cryptoasset registration with the Financial Conduct Authority, but the crypto services themselves fall outside the UK's main safety nets. Money deposited for crypto trading is not covered by the Financial Services Compensation Scheme or the Financial Ombudsman Service, and the activity is not protected by the FCA's consumer rules.
IG has steadily widened the service since launch, adding token swaps, new coins and the ability to transfer crypto into client accounts.
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