Bitcoin trading
Trade on bitcoin CFDs – the cryptocurrency that started it all. Take your position on the volatile crypto market with the world’s No.1 CFD provider.1
Start trading today. Call +44 (20) 7633 5430, or email sales.en@ig.com to talk about opening a trading account. We’re here 24/5.
Contact us: +44 (20) 7633 5430
Start trading today. Call +44 (20) 7633 5430, or email sales.en@ig.com to talk about opening a trading account. We’re here 24/5.
Contact us: +44 (20) 7633 5430
Why trade bitcoin with us?
Get competitive prices – which we source – from multiple exchanges
Deal on an award-winning trading platform and mobile app2
Seize opportunities instantly with trading alerts by email or push notification
Get expert support from our customer service team 24 hours a day, except from 6am to 4pm Saturdays (UTC+8)
Protect your capital and cap your losses with guaranteed stops3
Trade with a FTSE 250-listed provider with 45 years of trading experience4
Bitcoin trading spreads and margin on bitcoin CFDs
45Market | Dealing hours5 | One point means | Minimum spread6 | Limited risk premium7 | Retail margin required8 |
Bitcoin | 24 hours | $1 | 45 | 90pt | 50% |
How to trade Bitcoin with us
With us, you’ll trade on changes in bitcoin’s price using CFDs – a type of leveraged derivative. This means that, when trading, you’ll never take ownership of bitcoin. Instead, you’ll take a position on the market either rising or falling in value.
Your profit or loss will depend on whether you correctly predicted the direction of movement, how much the market has moved, and the size of your position.
But, please remember that all trading incurs significant risk. This is only magnified when trading on leverage. Learn more about how to manage your risk.
Although you can trade CFDs on bitcoin using our award-winning web-based and mobile platforms,9 you can also choose to trade CFDs on bitcoin through MetaTrader 4 and ProRealTime.
CFDs | |
Main advantages | Trade rising and falling markets on margin without owning bitcoins Set stop-losses to cap your risk |
Main risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Bitcoin can be a volatile market, which only amplifies the inherent risks of trading on leverage |
Available to | All clients |
Traded in | Over-the-counter contracts |
Commission | There will be no commission charge for Bitcoin CFDs, and we charge spread instead9 |
Trading platforms | Web platform, mobile app, third-party crypto trading platforms like MT4 and ProRealTime |
What is bitcoin trading?
When using us, you’ll trade on bitcoin price movements via CFDs.
Because you’re not taking direct ownership of bitcoins, you won’t have to open an account with an exchange or create a bitcoin wallet.
How can I start trading bitcoin?
- Create a CFD trading account
- Search for ’Bitcoin’ on our platform
- Take steps to manage your risk
- Open your position
- Monitor your trade
What are the benefits of trading bitcoin CFDs with us?
- Get competitive prices – which we source – from multiple exchanges
- Seize opportunity on a market known for its volatility, even when others are flat
- Speculate on bitcoin's price rising or falling
- Trade on bitcoin without opening an exchange account or creating a cryptocurrency wallet
What are the risks of trading bitcoin CFDs with us?
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage
- Because CFDs are opened on margin, your losses could substantially outweigh your initial deposit
- Bitcoin is a very volatile market. Prices can move suddenly and by large increments, exposing you to the of risk of high potential losses
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
We have over 45 years of experience offering a truly market-leading service
*IG Group’s total markets
Open an account now
Open an account now
Fast execution on a huge range of markets
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Deal seamlessly, wherever you are
Trade on the move with our natively designed, award-winning trading app
Feel secure with a trusted provider
We have over 45 years of experience offering a truly market-leading service
*IG Group’s total markets
Bitcoin CFD prices
Prices above are subject to our website terms and conditions. Prices are indicative only.
Trade bitcoin with with the world’s No.1 choice for CFD trading1
Trade bitcoin anywhere and anytime on our award-winning platform2
- Web-based platform
- Mobile trading app
- Third-party crypto trading platforms
Our web-based platform
Take full control of your bitcoin trading with our online platform. We offer unique price alerts, interactive charts, and a suite of risk management and research tools.
Mobile trading apps
Trade on bitcoin on the go, wherever and whenever. Our tablet and mobile trading platform has been optimised for iPhone and Android.
Third-party trading platforms
Automate your bitcoin trading with our built-in access to a range of advanced third-party platforms, like MT4, ProRealTime and APIs.
FAQs
Can I trade bitcoin on the MetaTrader 4 platform?
Yes, you can trade on bitcoin CFDs via MetaTrader 4. If you already have an MT4 account but want to use our services, you’ll have to open a CFD trading account with us and sign into MT4 using the credentials we’ll supply.
If you don’t have MT4, you can download it through us and add it to your account. Now, you can also download MT4 for macOS
What are the bitcoin market hours?
Bitcoin is traded 24 hours a day, seven days a week on exchanges around the world. However, some hours will see increased volatility and liquidity. This happens, for example, when European, UK and US markets are all getting into their stride for the day.
Do I need a bitcoin wallet when trading with CFDs?
No, you won’t need a bitcoin wallet when trading with us. You also won’t have to open an account with an exchange.
When you trade bitcoin via CFDs, you’re using derivatives to speculate on bitcoin’s price movements, and you never take ownership of actual coins. This means you can go long or short on the cryptocurrency, and the accuracy of your prediction and the size of the market movement will determine your profit or loss.
However, please remember that CFDs are complex financial instruments that can accrue losses rapidly. Always make sure you understand how they work before trading, and consider whether you can afford the risk of potential monetary loss.
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1 Based on revenue (published financial statements, October 2023)
2 Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.
3 Stop-loss orders close your position automatically if the market moves against you. Normal stop-loss orders are free, but there’s no guarantee of protection against slippage. Guaranteed stops will close your position exactly the price you specified, but incur a premium if triggered.
4 IG is part of IG Group Holdings Plc, a member of the FTSE 250
5 Cryptocurrencies markets close at 6am on Saturday morning (UTC+8), then reopen on Saturday at 4pm (UTC+8). Please note that your account can go on margin call during the weekends as the cryptocurrencies market is open.
6 Please note that in times of high volatility, our minimum spreads can increase significantly.
7 A guaranteed stop premium is charged if your guaranteed stop is triggered. The potential premium is displayed on the deal ticket, and can form part of your margin when you attach the stop. Please note that premiums are subject to change, especially going into weekends and during volatile market conditions.
8 Please note that tiered margins apply; this means that more margin may be required for larger positions. See our margins page for further details. You can find the tiered margins for each market from the Get Info section in our dealing platform.
9 Other fees and charges may apply