Buy, hold and sell 21 popular cryptocurrencies on the IG Markets mobile app, with $2 minimum investments and AUSTRAC-registered custody.
IG Markets is one of the world's longest-running online trading platforms, operating since 1974 with 300,000+ clients globally. In Australia, IG offers spot cryptocurrency investing through its IG Markets mobile app, in partnership with Australian exchange Independent Reserve and AUSTRAC registered.
Australians can buy, hold and sell 21 popular coins from $2 per investment, with a $50,000 maximum per individual trade. The product is intentionally simple: buy, hold, sell. There's no staking, no yield, no DeFi, and no withdrawals to a self-custodial wallet.
New customers can also claim up to a $100 welcome bonus on their first crypto investment. For traders who want leveraged crypto exposure, IG separately offers crypto CFDs through its main trading platform.
| Product Name | IG Markets |
| Fiat Currencies | AUD |
| Cryptocurrencies | BTC, ETH, XRP, ADA, SOL, DOGE, LTC, BCH, ETC, BAT and 10+ more |
| Deposit Methods |
Credit card Debit card Apple Pay Bank Transfer (PayID/Osko/BPAY) |
| Trading Fee |
0.00% |
| Deposit Fees |
Bank transfer/PayID: None Debit card: None Credit card: 0.5% (Mastercard); 1% (Visa) |
IG Markets is the Australian arm of IG Group Holdings, a publicly listed UK fintech founded in 1974. The company invented financial spread betting and has since grown into one of the world's largest online trading providers, with more than 300,000 clients across 16 international offices.
In Australia, IG operates through three regulated entities, each handling a different part of the business:
IG Markets supports over 20 cryptocurrencies, but some notable assets are missing. Namely, Tether, BNB and USDC, which are in the top 20 cryptos by market cap. In total, 10 of the top 20 cryptos are available on IG Markets.
Popular assets on IG Markets| Transaction type | Fee |
|---|---|
| Deposit funds | Bank transfer/PayID: None Debit card: None Credit card: 0.5% (Mastercard); 1% (Visa) |
IG Markets uses a maker taker fee structure for spot market trading. Instant purchases incur a separate fee.
| Type | Fee |
|---|---|
| Maker | 0.00% |
| Taker | 0.00% |
Maker fee explained. A maker fee is the fee charged when you propose an order for other traders to take. In other words, this fee is charged when you place a limit order to sell an asset, but that order is not filled immediately.
Taker fee explained. A taker fee is a fee charged when a buy order is matched immediately with a sell order on the books. This is the fee charged when you place a market buy order.
Before you can get started trading on IG Markets, you'll have to go through a Know Your Customer (KYC) verification process (which usually involves proof of identification).
IG Markets has several layers of regulation, custody, and operational safeguards that make it one of the more institutionally robust crypto platforms available to Australians – though, as with any cryptocurrency investment, the underlying assets themselves remain volatile and high risk.
Regulation. IG's spot crypto product is operated in Australia by IG Digital Assets Australia Pty Ltd (ABN 37 686 210 462), which is registered with AUSTRAC as a Digital Currency Exchange provider. AUSTRAC registration requires Australian crypto platforms to meet anti-money-laundering and counter-terrorism-financing (AML/CTF) obligations, including identity verification and ongoing transaction monitoring.
The wider IG Group is regulated globally by some of the world's most stringent financial authorities, including:
IG Markets offers customer support through multiple channels, delivered by Australian-based specialists familiar with the local crypto market and the IG Markets app.
Michelle Finder
Chief of staff
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com.au:
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.