Crypto Omni Banner

 

Trade cryptocurrency CFDs

Trade crypto CFDs with City Index without needing to own the cryptocurrency itself. With competitive spreads on Ripple, Ether and Bitcoin CFDs.

 

Cryptocurrencies: the key facts

Exposure
There are thousands of cryptocurrencies in existence. The market is worth over $1.19 trillion as of March 2023 – with Bitcoin’s market cap alone sitting at $28 billion.
Cryptocurrency Decentralized
Cryptocurrencies are decentralised, which means price and supply are unaffected by central bank control. 
Hedge

Bitcoin was worth a fraction of a penny in 2010 but saw its value balloon to more than $68,000 a coin in November 2021 – via numerous downturns along the way.

Thanks to this…cryptocurrencies are known for being exceptionally volatile.

Blockchain

Cryptocurrencies are ‘mined’ from the blockchain, a type of technology that can create a permanent, public, transparent ledger system for compiling data.

Cryptocurrency mining releases new cryptocurrency into circulation and rewards the miner with tokens.

Competitive crypto CFD pricing

What is a crypto CFD?

A Crypto CFD, or contract for difference, is a derivative that can be used to speculate on the underlying price of cryptocurrencies – including Bitcoin, Cardano and Ethereum. 

How to trade crypto CFDs

1. Select which cryptocurrency you want to trade
2. Do your research on what moves cryptocurrency prices
3. Decide to go long or short 
4. Plan your CFD strategy and risk management
5. Place your trade

Crypto market hours

See the trading hours for all our crypto markets and learn about the best time to trade them.
Trade crypto CFDs with competitive pricing
  1. Register
    an account
  2. Deposit
    and fund securely
  3. Start trading
    crypto CFDs
Trade crypto CFDs with competitive pricing

Crypto CFD trading platforms at City Index

Platform walkthroughs
Platform walkthroughs

Web Trader

Trade over 6,300 markets on our easy-to-use, browser-based platform, complete with customisable workspaces, fast and reliable execution, and advanced charts.

Mobile app
Mobile app

Powerful Mobile Apps

Seize trading opportunities with our easy-to-use mobile apps, with simple one-swipe dealing, advanced charting, and seamless execution. Available on Android and iOS.

Analyse numbers
Analyse numbers

MetaTrader 4 (MT4)

Analyse price movement and trends with technical indicators customised to your trading strategies.

Buying Bitcoin vs Bitcoin CFDs

Wondering what the pros and cons are of owning a cryptocurrency vs trading it as a CFD?

CFDs
Owning Cryptocurrency
Ability to go long - buy and take advantage of rising prices

Green tick icon

Green tick icon

Ability to go short* - sell and take advantage of falling prices

Green tick icon

Red cross icon

Trade on margin

Green tick icon

Red cross icon

Trade on volatility - no need to own the asset or have an exchange account

Green tick icon

Red cross icon

No exchange fees or complicated digital wallets

Green tick icon

Red cross icon

Crypto CFD FAQs

What is a crypto CFD broker?

A crypto CFD broker is a provider that enables you to speculate on the price of cryptocurrencies – such as Bitcoin – with contracts for difference. Instead of buying the digital currency, you’re taking a position on whether its price will rise or fall.

Learn more about CFD trading

Was this answer helpful?

What’s better: CFDs or crypto?

Buying cryptos means you’re taking ownership of the digital asset, so you’ll need an account with an exchange and a digital wallet to store the crypto in securely. When you trade crypto CFDs, you just need an account with a CFD provider, and as you won’t be taking ownership of the asset, you won’t need a digital wallet.

Learn how to trade CFDs

Was this answer helpful?