Trade Bitcoin as a CFD with AxiTrader

BTC/USD symbol available now on MT4

AxiTrader is pleased to welcome Bitcoin CFD trading to our comprehensive suite of products on MT4.

Why trade Bitcoin with AxiTrader?

What is Bitcoin?

Known as a “cryptocurrency”, Bitcoin is a form of digital currency. Since it was created in 2009 it has become an increasingly widely accepted form of international currency, used by everyone from governments to small retail outlets.

Unlike traditional forms of currency which rely on banks to facilitate transactions, Bitcoin is part of a decentralised online payment network relying on cryptography to pass securely from user to user using Blockchain technology. As a traded currency, Bitcoin trading works in exactly the same way as any other FX pair.

Why trade Bitcoin as a CFD?

Because Bitcoin it is not a centralised currency controlled by a single bank or dominated by interbank dealers, the Bitcoin market moves quickly with retail demand and can be subject to significant price swings. Using this high volatility ambitious traders are able to take advantage of large price swings to pursue unique profit opportunities.

And you don’t need to own any Bitcoins to profit from it - all you need to do is trade on the price movements, meaning you have the potential to profit from either direction.

Is Bitcoin CFD trading regulated?

When trading a volatile cryptocurrency like Bitcoin as a CFD, it’s crucial to choose a reputable and accountable broker for your trades. When you trade Bitcoin CFDs with AxiTrader you’ll enjoy the same comprehensive ASIC and FCA regulation you get with all our standard FX/CFD products.

Help protect your account and reduce your risk by choosing a trusted, respected and fully regulated broker.

Bitcoin CFD trading FAQs

   
What is the Bitcoin CFD MT4 Symbol? BTCUSD
What is the Bitcoin CFD contract size? 1 Lot is equal to 1 Bitcoin
What’s the minimum/maximum Bitcoin CFD trade size? Bitcoin trades have a 1 Lot minimum and a 10 Lot maximum
Can you use margin on Bitcoin CFD trades? Yes. Trade up to 10 times more Bitcoin than your initial investment.
What is the margin requirement for Bitcoin CFD trading? Margins start at 10%, with a standard initial margin of 40%
When can I trade Bitcoin CFD? The Bitcoin CFD trading session begins at Monday 00:01
and ends on Friday 23:58, with a break from 23:59 to
00:01 (MT4 server time)
Is Bitcoin CFD trading regulated? All Bitcoin CFD trades with AxiTrader are fully regulated by ASIC and FCA.

Trading Hours

MT4 Code Market Name Open Close Break Time Zone
BTCUSD Bitcoin
Monday 00:01 Friday 23:58 23:59 - 00:01 MT4 Server Time

 

All times are correct at date of issue. Please refer to the Product Schedule for contract specifications and trading hours.

Risk Warning

Cryptocurrencies like Bitcoin are extremely volatile and can move or jump in price with no apparent reason due to lack of liquidity and adhoc news. There is little or no fundamental reasoning behind its pricing and as such trading CFDs in Bitcoin pose a significant risk to Retail Clients. While AxiTrader only quotes Bitcoin during the week, it can trade over the weekend, meaning there could be a significant price change between Friday and Monday. It should only therefore be traded by those clients with sufficient experience to understand that they risk losing all their investment, or more, in a short period of time, and only a very small part of their portfolio should be used.

Try a Free 30-day Demo

100% free, 30-day trial with a virtual cash balance of $50,000

Open a Live Account

Quick and easy setup, and account types for every trader