IG Group has eliminated trading commissions on Bitcoin, Ethereum and Solana for UK clients effective today, undercutting major rivals in Britain’s intensifying crypto price war. The London-listed broker now charges only a 0.07% external exchange fee from its liquidity partner Uphold, which provides pricing and custody for the spot crypto service launched in June 2025. Other digital assets on IG’s platform still carry a 1.49% flat fee.
IG’s internal comparison shows a £100 Bitcoin purchase now costs clients 7 pence versus £1.49 at Revolut, £1 at eToro, and up to £2.30 at Bitstamp, though these figures exclude subscription tiers that reduce costs for active traders. The move mirrors commission-free strategies IG already deployed across stocks, ETFs and funds, as competition heats up from eToro’s integrated crypto offering and Revolut’s standalone trading app buildout. IG is simultaneously expanding crypto access across Europe via Bitpanda and planning a Singapore launch.
FXnCO Insight
Brokers should expect further fee compression across major crypto pairs as traditional platforms leverage regulatory compliance and custody partnerships to challenge pure-play exchanges on price.
Source: Finance Magnates