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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

Bitcoin trading

Trade on bitcoin CFDs – the cryptocurrency that started it all. Take your position on the volatile crypto market with Australia’s No.1 choice for CFD trading.1

Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.

Contact us: 1800 601 799

Start trading today. For account opening enquiries call 1800 601 799 between 9am and 6pm (AEDT) weekdays, or email newaccounts.au@ig.com.

Contact us: 1800 601 799

Why trade bitcoin with us?

Get competitive prices – which we source – from multiple exchanges

Deal on an award-winning trading platform and mobile app9

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 7am to 5pm Saturdays (AEST)

Protect your capital and cap your losses with guaranteed stops2

Trade with a FTSE 250-listed provider with 45 years of trading experience3

Bitcoin trading spreads and margin on bitcoin CFDs

Market Dealing hours4 One point means Minimum spread5 Limited risk premium6 Retail margin required7
Bitcoin 24 hours $1 45 90pt 50%
Bitcoin Cash 24 hours $1 1.8 2.7pt 50%
Bitcoin Cash/Bitcoin 24 hours 0.0001 BTC 6 9pt 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 instead.8
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.

Learn more about bitcoin trading

How can I start trading Bitcoin in Australia?

  1. Create a CFD trading account
  2. Search for ’Bitcoin’ on our platform
  3. Take steps to manage your risk
  4. Open your position
  5. Monitor your trade


Learn more about trading cryptocurrencies

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

Learn more about the benefits of trading cryptocurrencies

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

Learn more about risk management

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

With 48 years of experience, we’re proud to offer a truly market-leading service

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

With 48 years of experience, we’re proud to offer a truly market-leading service

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Bitcoin CFD prices

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

Trade bitcoin with with Australia’s No.1 choice for CFD trading1

Trade bitcoin anywhere and anytime on our award-winning platform9

  • 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 Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2023 Leveraged Trading Report.
2 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.
3 IG is part of IG Group Holdings Plc, a member of the FTSE 250
4 Cryptocurrencies markets close at 7am on Saturday morning (AEST), then reopen on Saturday at 5pm (AEST). Please note that your account can go on margin call during the weekends as the cryptocurrencies market is open.
5 Please note that in times of high volatility, our minimum spreads can increase significantly.
6 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.
7 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.
8 Other fees and charges may apply
9 Best Finance App, Best Multi-Platform Provider and Best Platform for the Active Trader as awarded at the ADVFN International Financial Awards 2024.