CFD trading on Bitcoin

Trade CFDs on Bitcoin price movements with a City Index account, regulated in Australia since 2006.

 
  • Spreads from 90 points

  • Margin from 50%

  • Award-winning tools

Trade Bitcoin with CFDs

Enjoy tight spreads and low margins when you trade CFDs on Bitcoin with City Index.

  • Tick
    Trade the crypto market 24/5
  • Tick
    Use leverage to open large positions with small capital
  • Tick
    No need to take ownership
  • Tick
    Go long or short on Bitcoin
Bitcoin

Competitive spreads

Bitcoin market information

† May change due to market conditions.

‡ trading hours on cryptocurrencies are 08:00 Mon - 08:00 Sat (AEDT)

* Please note margin requirements can vary depending on the risks associated with the underlying market. For details of the exact margin requirements on all of our markets, please view the market information sheet in the platform.

Stay on top of the latest cryptocurrency news

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Background to Bitcoin
Bitcoin
Bitcoin
What is Bitcoin (BTC)?

Bitcoin is a decentralised cryptocurrency or peer-to-peer digital payment system used as a method of investment as well as transaction for other currencies, services or products.

CFDs
CFDs
How to trade CFDs

Learn all about how to trade CFDs and discover the principles and benefits of this popular method of trading.

Forking
Forking
What is forking?

A Bitcoin fork refers to a change in the blockchain, and effectively results in two branches. There are two types, a hard fork and a soft fork.

Why trade Bitcoin CFDs with City Index?
Performance Analytics

Speculate on the Bitcoin price without the need to own the cryptocurrency – or a virtual wallet

Trade

Trade Bitcoin CFDs the same way you would trade commodities, shares or indices

Trust

Experience this asset with a trusted broker, regulated in Australia since 2006

Markets commentary

Get Bitcoin insight and the latest news from our Reuters feed

Trade on our fast, reliable platforms

Customisable charts

16 chart types and 80+ indicators to boost your technical skills


Award-winning platforms

Technology designed to suit you, whatever your level of expertise


Trading strategies

Elevate your insight with our fundamental and technical trading techniques

Get the latest market insight

From cryptocurrencies to indices, shares, forex and beyond, discover the latest news and trade ideas from our team of expert analysts and market writers.

Real markets. Virtual money.

New to trading? Start with a risk-free demo account.

City Index trading

Bitcoin CFD trading FAQs

What are cryptocurrencies?

Cryptocurrencies are digital tokens based on blockchain technology that act as a virtual currency. Many cryptocurrencies are mined into existence through the ‘Proof of Work’ system, involving the solving of complicated mathematical puzzles by high-powered computing software, with a cryptocurrency token made available to the owner as a reward.

However, a newer system known as ‘Proof of Stake’ involves contributors staking their own cryptocurrency in exchange for a chance to validate new transactions, update the blockchain, and earn a reward. Ethereum, for example, is expected to move to the Proof of Stake model in 2022.

The majority of cryptocurrencies are decentralised, which means that they are not connected to or affected by an authority such as a government or central bank.

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How old is Bitcoin?

Bitcoin was introduced in January 2009 as the first cryptocurrency. The author of the initial Bitcoin whitepaper was Satoshi Nakamoto; however, this is believed to be a pseudonym.

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Do I have to trade a whole Bitcoin?

No, one of the main benefits of Bitcoin CFDs is that you can trade fractional amounts and not an entire Bitcoin per transaction.

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Can I trade other cryptocurrencies with City Index?

Yes, you can trade a range of cryptocurrencies with City Index, such as Ethereum, Ripple and Litecoin, available at a margin rate of 50%. Find out more about the cryptocurrencies we offer.

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