This information is intended solely for persons residing or doing business in Germany.
Leading multi-asset broker 1 IG Europe is expanding its product range with turbo certificates for Bitcoin and Ethereum cryptocurrencies. These products are tradable 24/7 2 and thus the first instruments of this type on the German market. The new turbo certificates have been listed on the Spectrum stock exchange since April 29.
Now IG customers can also invest in cryptocurrencies via Turbo certificates while enjoying the advantages of an exchange product. This includes execution on a regulated trading venue and full price transparency so that you can fully understand the risks. The product launch expands the current turbo certification range, which already includes asset classes, stocks, indices and commodities. The new certificates are available for trade 24 hours a day and are available to customers in Germany, France, Italy, Sweden, Norway, Spain and the Netherlands.
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“For around fifty years, IG has been offering its clients the tools for the stable and consistent implementation of their trading strategies. We have always seen ourselves as a pioneer when it comes to product innovation. Therefore, the introduction of Turbo Certificates for the most popular cryptocurrencies was the next logical step to supplement our product offer in the area of certificates. ” – Alessandro Capuano, Head of Stock Exchange Derivatives, IG Europe.
Traders using Turbo IG Certificates benefit from:
- Access long and short exposures to multiple asset classes with all the benefits of a listed product
- Price transparency and trading on a regulated trading venue that allows the client a complete overview of each type of risk
- the ability to set risk limits from the very beginning and choose the desired financial leverage
- IG platform that allows traders to place orders directly from the underlying market chart. This innovative feature allows clients to execute their trades based on the market information they need at the touch of a button.
IG clients also have the option to set up a demo account. This allows interested parties to test their trading strategies in a simulated environment and gain experience with the operation of IG products without any significant risk, without having to apply for a live account or deposit money.
“Cryptocurrencies are gaining popularity – even among market participants with a short to medium term perspective. However, the existing product solutions offered by the market in the field of turbo certificates were not able to adequately cover the interests of customers. Thanks to innovative IG products, traders can now enjoy all the benefits of a regulated trading system when trading 24/7. “ – Salah Bouhmidi, IG Markets Director.
Turbo Certificates are complex financial instruments where your wealth is at risk. Losses can occur extremely quickly.
IG Group provides informed, determined and market-oriented customers with access to trading products in over 17,000 financial markets around the world. With a strong emphasis on innovation and technology, the company puts customer needs at the center of everything it does.
The IG Group was founded in 1974 and is headquartered in London. The publicly traded company FTSE 250 is a leading global provider of financial services, offering limited risk trading in leveraged products to more than 313,000 clients worldwide. The range of financial instruments includes indices, stocks, forex, commodities, cryptocurrencies, and more.
The IG Group recently launched a new European subsidiary, IG Europe GmbH. The broker based in Frankfurt am Main, approved and regulated by BaFin and Bundesbank, now offers its products to European clients under a regulated umbrella in Germany.
Spectrum is an MTF (Multilateral Trading Facility), an exchange-like trading platform that combines buy and sell orders for financial instruments according to specific rules and thus generate a contract.
1 Largest provider by revenue excluding FX; published annual report, June 2020
2 All Turbo Stocks can be traded on 5/24/24, with the exception of stocks which are open during the following hours: 3:30 p.m. – 10:00 p.m. (US stocks) and 9:00 a.m. – 5:30 p.m. (British and European stocks).
More about turbo certificates for cryptocurrencies and demo account