Key Takeaways
- • IG launches zero-commission trading on Bitcoin, Ethereum, and Solana effective June 1, 2026, charging only a 0.07% external exchange fee, positioning itself as one of the UK's lowest-cost crypto platforms.
- • The move extends IG's existing commission-free investment model—already applied to stocks, ETFs, and funds across ISAs, SIPPs, and GIAs—into the cryptocurrency segment, reducing structural barriers to crypto portfolio diversification.
- • IG UK and Ireland Managing Director Michael Healy framed the initiative as part of a broader strategy to build "the UK's most comprehensive low-cost investing experience," emphasizing accessibility through a FTSE 100-listed platform rather than unregulated alternatives.
- • The pricing structure eliminates traditional trading commissions entirely, with costs borne solely by the external exchange fee from IG's liquidity partner, delivering material savings relative to established competitors including Revolut, eToro, and Bitstamp on equivalent transaction sizes.
Summary
IG, the investment and trading platform, announced on June 1, 2026, the elimination of trading commissions on three major cryptocurrencies—Bitcoin, Ethereum, and Solana—effective immediately. Under the new pricing model, UK clients pay only a 0.07% external exchange fee charged by IG's liquidity partner, with no additional commission layer, making IG competitive among the lowest-cost UK providers in the cryptocurrency space.
The announcement represents a strategic extension of IG's existing commission-free investment infrastructure. The platform already offers zero-commission trading across equities, exchange-traded funds, and funds within tax-advantaged wrappers including Individual Savings Accounts (ISAs), Self-Invested Personal Pensions (SIPPs), and General Investment Accounts (GIAs). By removing commission barriers on its three most heavily traded digital assets, IG aims to reduce friction in cryptocurrency investing and broaden accessibility for both retail and existing clients seeking to build diversified portfolios at lower total cost of ownership.
Michael Healy, Managing Director of IG UK and Ireland, positioned the initiative as integral to the firm's market positioning: "We're building the UK's most comprehensive low-cost investing experience, giving clients access to a wide range of markets without unnecessary barriers or cost. Removing commission on our three most widely traded cryptocurrencies is a natural step in this journey, helping to make crypto investing more accessible." Healy emphasized that clients gain access to competitive pricing through a regulated, FTSE 100-listed entity rather than alternative platforms, combining cost efficiency with institutional-grade governance and oversight.
The cost structure underscores material savings for institutional and sophisticated retail participants. A pricing comparison presented by IG demonstrates that a £100 Bitcoin purchase incurs lower total fees through IG's platform relative to competing offerings from Bitstamp, Revolut, and eToro, assuming comparable trading volumes and account tiers. This positioning directly targets the growing institutional adoption of cryptocurrency holdings while maintaining accessibility for retail investors.
The announcement represents a strategic extension of IG's existing commission-free investment infrastructure. The platform already offers zero-commission trading across equities, exchange-traded funds, and funds within tax-advantaged wrappers including Individual Savings Accounts (ISAs), Self-Invested Personal Pensions (SIPPs), and General Investment Accounts (GIAs). By removing commission barriers on its three most heavily traded digital assets, IG aims to reduce friction in cryptocurrency investing and broaden accessibility for both retail and existing clients seeking to build diversified portfolios at lower total cost of ownership.
Michael Healy, Managing Director of IG UK and Ireland, positioned the initiative as integral to the firm's market positioning: "We're building the UK's most comprehensive low-cost investing experience, giving clients access to a wide range of markets without unnecessary barriers or cost. Removing commission on our three most widely traded cryptocurrencies is a natural step in this journey, helping to make crypto investing more accessible." Healy emphasized that clients gain access to competitive pricing through a regulated, FTSE 100-listed entity rather than alternative platforms, combining cost efficiency with institutional-grade governance and oversight.
The cost structure underscores material savings for institutional and sophisticated retail participants. A pricing comparison presented by IG demonstrates that a £100 Bitcoin purchase incurs lower total fees through IG's platform relative to competing offerings from Bitstamp, Revolut, and eToro, assuming comparable trading volumes and account tiers. This positioning directly targets the growing institutional adoption of cryptocurrency holdings while maintaining accessibility for retail investors.
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