Instrument description

Bitcoin is a form of digital currency, created and held electronically. Unlike traditional physical currencies, like dollars or euros, bitcoins are not printed. Instead they’re produced by people running computers around the world, using software that solves mathematical problems. The way the encryption of Bitcoin takes place is a revolution in the field of information technology - the "Blockchain" technology, which has seen the value of Bitcoin and other similar Cryptocurrencies soar in 2017.

How to trade BITCOIN

It's easy to trade Bitcoin with us. Let's say for example you believe the Cryptocurrency will rise in value after the event of a 'hard fork' so you buy (go long) on Bitcoin.

You'd buy Bitcoin at 12000 in the hope that the market will react the way you've predicted.
  • A WINNING TRADE
  • "Buy" BITCOIN at 12000
  • Trade size: 1 lots (1 lot is equal to $1 per point)
  • Position value: $12,000
  • BITCOIN rallies to $12,500(+500 pips)
  • New position value: $12,500
  • Result: you make a profit of $500 ($12,500 - $12,000)
*1 lot is the equivalent of buying one Bitcoin
  • A LOSING TRADE
  • "Buy" BITCOIN at 12000
  • Trade size: 1 lots (1 lots is equal to $1 per point)
  • Position value: $12,000
  • BITCOIN falls to $11,500 (-500 pips)
  • New position value: $11,500
  • Result: you make a loss of $500 ($11,500 - $12,000)
Learn more

This example does not include any additional fees that may be applicable. For more information, please see our instrument specification page.

Market sentiment

See if traders are currently sellers or buyers of each market

Instrument specification

Nominal Value of one Lot
BITCOIN 1
Size of one PIP
0.01
Minimum Quotation in Step (in points)
0.01
Minimum/Maximum Order Size in Lots
0.01, max 50
Minimum Transaction Step in Lots
0.01
Trading Hours
24 h from Saturday 4:00 am to Friday 10:00 pm

Trading CFDs on a leveraged basis involves significant risk of loss to your capital. They may not be suitable for everyone, so please ensure you fully understand all of the risks.

Trading CFDs on a leveraged basis involves significant risk of loss to your capital. Please ensure you fully understand all of the risks.

Trading CFDs involves significant risk of loss to your capital