IG adds 50+ tokens and swaps after FCA registration wallet transfers pending. UK rival platforms face pressure to widen offerings or lose share.
Alpha Score of 28 reflects poor overall profile with poor momentum, poor value, weak quality, moderate sentiment.
IG has pushed its UK crypto offering past the 100-token mark after adding more than 50 digital assets in a single expansion. The move, which follows the platform's Financial Conduct Authority (FCA) registration -- a credential that has become increasingly scarce for crypto firms in the UK -- also brought swaps and advanced charting tools to the platform. **Wallet transfer support is Wallet transfer support is planned for the remaining piece, though IG has not set a launch date for that feature yet. The company described the timeline as the “near future.”
The simple read: IG got regulatory clearance and then quickly scaled its crypto product. The FCA is the UK's primary financial regulator. Registration allows IG to offer crypto services within a supervised framework. Without it, the expansion would have been far riskier or legally impossible.
The better market read is about regulatory scarcity. The FCA has rejected or withdrawn dozens of crypto applications over the past few years, raising the compliance bar each time. Platforms that do clear the hurdle gain a structural advantage: they can signal trust to institutional and retail clients wary of unregulated venues. IG's registration is not a formality. It is a competitive moat in a market where many rivals operate in grey zones or have pulled back entirely.
Getting the nod was step one. Adding 50-plus tokens shortly afterward shows IG intends to use the registration aggressively, not passively. The platform now offers over 100 digital assets, far wider than most FCA-registered competitors, which typically list only Bitcoin (BTC) and Ethereum (ETH) , plus a handful of others. IG is betting that breadth plus regulatory bones will attract traders that narrower platforms cannot capture.
IG has not published a full list of the newly added tokens. That creates a gap for traders trying to verify whether their preferred assets are covered. Without that disclosure, the 100-plus count is a headline number with limited decision usefulness. If the list skews toward low liquidity tokens or obscure projects, the practical trading experience could differ from the impression the number gives.
The feature set is where IG is trying to differentiate itself from a basic crypto onramp. Swaps are derivative instruments that allow traders to take positions on price direction without holding the underlying asset. For anyone managing multi token exposure, swaps are a more capital efficient tool than spot trading alone. This capability turns a platform from a buy-and-sell utility into a more professional venue.
IG added advanced charting tools, though the source does not specify which indicators or tools. The direction is clear: IG wants the platform to feel closer to a professional trading terminal than a retail app. For technical analysis focused traders, clean, customizable charts are a prerequisite. The charting upgrade, combined with swaps, positions IG as a destination for traders who want more than basic market exposure. market exposure.
The wallet transfer feature is the odd piece out. It remains a planned addition with no launch date -- not even a quarter. Crypto native users who prioritize self custody or multi platform workflows expect portability as a baseline. Without wallet transfers, IG's platform is effectively a walled garden: funds go in, moving them out requires selling or converting back to fiat. That limitation will likely keep some DeFi adjacent traders away, even if the token range and swaps are attractive.
IG's expansion directly pressures other FCA registered crypto services that maintain a narrow token list. Those platforms now face a choice: widen their own offerings to match IG's breadth, or accept losing share of the active trader pool. The competitive risk is especially acute for smaller platforms that lack IG's balance sheet or brand recognition to absorb the cost of integrating dozens of extra tokens.
The broader context helps explain why IG is leaning in while some firms scale back. The UK crypto market has been through a complicated period. High profile exchange collapses and enforcement actions abroad have damaged trust. Simultaneously, the FCA's compliance demands have pushed some firms to exit or reduce their UK presence. IG is moving into that gap with a fully registered, well capitalised product. If the strategy works, it could accelerate consolidation around regulated platforms. Read more [best crypto brokers for current UK options.]
Adding 50 tokens at once is not trivial. Each token requires technical integration, liquidity sourcing, compliance checks, and ongoing monitoring. The operational risk includes bugs, listing delays, liquidity gaps, or regulatory scrutiny on a specific token that forces a removal. IG has not disclosed which tokens made the cut, which means traders cannot gauge the execution quality of the new additions.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.