Start trading Cryptocurrency CFDs
|Name||Margin||Contract||Typical Spread (as a decimal)||Min/Max Trade size||Trading Hours (GMT)
|BTCUSD||50%||1||21.29||0.01/100||24hrs (5 min EOD break) Fri 21:55 close|
|ETHUSD||50%||1||1.25||0.01 / 100||24hrs (5 min EOD break) Fri 21:55 close|
|LTCUSD||50%||1||0.13||0.01 / 100||24hrs (5 min EOD break) Fri 21:55 close|
|BCHUSD||50%||1||0.24||0.01 / 100||24hrs (5 min EOD break) Fri 21:55 close|
Benefits of trading crypto CFDs
Trade-in any direction
With a CFD you don’t own the underlying Cryptocurrency, you are just trading on the real-time price movements in the markets as they go up and down. The advantage is that you can ‘sell’ as well as ‘buy’ the market, potentially profiting from price falls as well as price rises.
We offer 2:1 leverage on cryptocurrencies, meaning that for every $100 you hold in your account you can place a trade worth up to $200.
No exchange account or special wallet
As you don’t buy or own the cryptocurrency you do not need a digital wallet or exchange account to hold it. This means you can benefit from the high volatility in the market without any risk of digital theft.
Trade size from 0.01 of a coin
When you buy a cryptocurrency, you don’t have to buy a whole coin. Similarly, when you use our CFDs you can trade on a fraction of a coin, allowing you to invest in the markets with an initial investment as low as 0.01 of the coins value.
What are cryptocurrencies?
“A crytpo currency is a form of digital currency that can be transferred between people or used to buy goods or services.
Cryptocurrencies are based on blockchain technology; a de-centralised ledger, or records of ownership, that exists across a network of computers. As no one person owns or controls the blockchain it is almost impossible to hack or steal a currency that is held on it unless the owner gives up his or her unique individual ‘key’.
Currently, due to the big price movements, cryptocurrencies are experiencing, they have become a hot instrument for traders to invest in.”