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CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Bitcoin trading

Take control of your bitcoin trading with the world’s No.1 CFD provider.1

Start trading today. Call +971 (0) 4 5592108 or email sales.ae@ig.com. Our sales team is available from 8:00am to 6:00pm (Dubai time), Monday to Friday.

Contact us: +971 (0) 4 5592108

Start trading today. Call +971 (0) 4 5592108 or email sales.ae@ig.com. Our sales team is available from 8:00am to 6:00pm (Dubai time), Monday to Friday.

Contact us: +971 (0) 4 5592108

Why trade bitcoin with us?

Deal on our award-winning trading platform and app2

Rest assured that you’re trading with an DFSA-authorised and regulated provider

Seize opportunities instantly with alerts by email or push

Safeguard your capital with our range of risk management tools

Get full exposure with a small deposit when you trade on leverage3

Talk to our expert support team around the clock

What are the benefits of trading bitcoin?

Go short or long

Trade on bitcoin’s price falling or rising

React to volatility

Seize opportunity on a market famed for its volatility, even when others are flat

No need for an exchange account

Get the best prices - which we source for you - from multiple exchanges

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Remember, when trading bitcoin, you aren't taking ownership. Find out more about how to trade bitcoin with us.

How to trade bitcoin with us

When you trade bitcoin with us, you’ll be speculating on its price with CFD.

This product makes it possible to take a position on bitcoin’s price without owning any physical coins – which means you can go short or long, depending on the market trend.

To go short on bitcoin, you’d select ‘sell’ and expect the price to fall. To go long, you’d select ‘buy’ and expect the price to rise.

As well as bitcoin, we offer other cryptocurrencies including ether – all of which you can trade with CFD.

Prices above are subject to our website terms and conditions. Prices are indicative only.

Bitcoin CFD example

You're interested in trading bitcoin (USD) via a CFD. Our price is currently 10,400 to sell bitcoin, or 10,438 to buy it.

You believe that bitcoin’s price will fall against the dollar, so you sell five contracts at 10,400 (the equivalent to selling five bitcoins at $10,400).

The bitcoin price falls and our new price is 10,312/10,350. You decide to take your profit by buying at 10,350.

$10,400 - $10,350 = $50 move or 50 points

Your gross profit is $50 x 5 = $250

If the market had rallied 50 points instead, your gross loss would be $250.

Bitcoin full product details

Ways to trade bitcoin with us

You can use CFDs to trade bitcoin with IG – discover their unique advantages.

CFD trading
Accessible to All clients
Traded in Contracts
Commission Commission-free
Platforms Web platform, mobile trading app and MT4
Learn more

Our award-winning trading platform

Our trading platform has been voted the best in the UK.2

Web-based platform

Take control of your bitcoin trading with our clean deal ticket, clear price charts and in-platform news and analysis.

Mobile trading app

Take advantage of bitcoin opportunity wherever you are, and receive trading alerts and signals on the go – through email or push.

MetaTrader 4

Automate your trading with MT4 – one of the most popular third-party bitcoin trading platforms .

How leveraged bitcoin trading works

Bitcoin contracts for difference (CFDs) give you exposure to the bitcoin price without having to actually purchase the underlying asset. This gives you additional confidence because you don’t hold any actual bitcoins, meaning you don’t need to use a wallet to store them.

It is important to remember that when trading CFDs, you are trading on leverage. While this allows you to gain exposure to a large position without having to commit the full cost at the outset, it is important to remember that both your profits and losses are greatly magnified, and your losses could exceed your deposits.

Bitcoin is usually quoted against the US dollar — so when you buy bitcoin on an exchange, you are selling USD and buying bitcoin. If bitcoin’s price rises, then you can sell it for a profit, because bitcoin is worth more USD than when you bought it. If bitcoin’s price falls, then you make a loss.

When you trade bitcoin CFDs with IG, you’re speculating on the same price movements. But instead of taking ownership of bitcoin, you’re can take a long position if you believe that the price will increase in value. As bitcoin’s price increases against the dollar, you will gain a profit. If bitcoin’s price falls, then your position will make a loss.

You can also use CFDs to take a short positions as well. So if bitcoin's price drops, you will make a profit on your short position. Conversely, if bitcoin’s price rises, you will make a loss. Our spreads start at just 96 points. Bitcoin can be traded on all our CFD trading platforms, including on MT4.

FAQs

When is your bitcoin market available?

Our bitcoin market is available around the clock, except for Saturday from 2am until 12noon. (Dubai time).

Do I need a bitcoin wallet to trade bitcoin with IG?

You won’t need a bitcoin wallet to trade with us because you’ll be speculating on the price of bitcoin, rather than taking direct ownership. Any profits will be paid into your bitcoin trading account, and you can withdraw them from there.

Can I trade bitcoin on the MT4 platform?

You can trade bitcoin on the MT4 platform, either through a desktop version of MT4 or with an MT4 VPS. When you download MT4 from IG, you’ll get instant access to our range of free indicators and add-ons.

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1 Based on revenue (published financial statements, 2023)
2 Best trading platform as awarded at the ADVFN International Financial Awards and Professional Trader Awards 2019. Best trading app as awarded at the ADVFN International Financial Awards 2020.
3 While leverage can increase your potential profits, it can also increase your total losses.
4 Plus500 have forced expiry dates which would result in you paying spread to get back into the trade. This (forced expiry every 30 days) is factored into calculations.
5Where 1 year is 365 days starting Monday 1st