Trade CFDs on Bitcoin, Ethereum, Litecoin and other major cryptocurrencies from a single account, without needing a crypto wallet.
Risks related to trading CFDs on cryptocurrencies (also known as “virtual currencies”)
Prior to trading CFDs on cryptocurrencies you should be aware of the following:
- Price volatility: The value of cryptocurrencies, and therefore the value of CFDs linked to them, is extremely volatile. They are vulnerable to sharp changes in price due to unexpected events or changes in market sentiment.
- Charges and funding costs: Charges tend to be significantly higher than for other CFD products. Fees can include the spread (the difference between the prices at which a firm offers to buy or sell a CFD position), funding charges, and commissions. You should consider the impact of these fees on your likelihood of making a profit.
- Price transparency: When compared with currencies, there can be more significant variations in the pricing of cryptocurrencies used to determine the value of your CFD position. There is a greater risk you will not receive a fair and accurate price for the underlying cryptocurrency when trading.
Please make sure that you have carefully read the clauses related to cryptocurrencies in our Business Terms and Conditions and in our Risk Disclosure and ensure that you fully understand the risks related to trading CFDs on cryptocurrencies.
|Symbol||Key Information Document||Minimum Price Fluctuation||Spreads As low as||Max Trade Size||Dynamic Margin Percentage*||Long Swap Value (Margin Currency)**||Short Swap Value (Margin Currency)**||Limit and Stop Levels***|
|BTCUSD||Info||0.00100||60||5||20 %||-25||-10||0.1||Read More|
|ETHUSD||Info||0.00100||3.6||70||20 %||-25||-10||0.1||Read More|
|LTCUSD||Info||0.00100||0.6||260||20 %||-25||-10||0.1||Read More|
|XRPUSD||Info||0.00001||0.0038||30||20 %||-25||-10||0.001||Read More|
|BCHUSD||Info||0.00100||5||60||20 %||-25||-10||0.1||Read More|
|Symbol||Description||Server Time||Weekday||Monday Open||Friday Close|
|BTCUSD||Bitcoin vs US Dollar||GMT +3||00:00-00:00||00:05||23:50||Read More|
|ETHUSD||Ethereum vs US Dollar||GMT +3||00:00-00:00||00:05||23:50||Read More|
|LTCUSD||Litecoin vs US Dollar||GMT +3||00:00-00:00||00:05||23:50||Read More|
|XRPUSD||Ripple vs US Dollar||GMT +3||00:00-00:00||00:05||23:50||Read More|
|BCHUSD||Bitcoin Cash vs US Dollar||GMT +3||00:00-00:00||00:05||23:50||Read More|
* For more information about dynamic margin percentage, please click here.
** Swap rates are calculated based on the relevant interbank rate. Long positions are charged with the relevant interbank rate plus a mark-up and short positions receive the rate minus a mark-up. The operation is conducted at 00:00 (GMT+2 time zone, please note DST may apply) and can take several minutes. From Wednesday to Thursday swap is charged for three days.
*** Minimum level for placing pending orders from a current market price.
The margin requirement for CFDs is calculated like this : Lots x Contract Size x Opening Price x Margin Percentage and not based on the leverage of your trading account.
The margin for hedged positions when trading CFDs is always 50%.