CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

Bitcoin trading

Take control of your bitcoin trading with the world’s No.1 CFD provider.1

Start trading today. Call +65 6390 5133 or email accountopening@ig.com.sg. We’re here 24 hours a day, from Monday to Friday.

Contact us: +65 6390 5133

Important notice:

Cryptocurrencies are not regulated by the Monetary Authority of Singapore (MAS) as they are not legal tender or securities. Investors should be aware that they do not have any legislative protection when they deal with cryptocurrencies and related investment products. If you choose to invest in unregulated products, you will not be protected under MAS regulations. Please ensure that you are fully aware of the risks involving cryptocurrencies and if in doubt, you should consult an independent financial adviser under a separate engagement. To find out more information about cryptocurrencies and risks, you can go to the MoneySense website here.

Why trade CFDs on bitcoin with us?

Deal on our award-winning trading platform and app2

Rest assured that you are trading with a MAS-authorised and regulated provider

Manage opportunities like May’s bitcoin halving instantly with alerts by email, SMS or push

Safeguard your capital with our range of risk management tools

Get full exposure with a small deposit when you trade on leverage3

Talk to our expert team around the clock

What are the benefits of trading CFDs on bitcoin?

Go short as well as long

Trade on bitcoin’s price falling or rising

No need for an exchange account

Get the best prices - which we source for you - from multiple exchanges

React to volatility

Manage opportunity on a market famed for its volatility, even when others are flat

Remember, when trading bitcoin, you aren't taking ownership. Find out more about how leveraged bitcoin trading works.

Live bitcoin prices

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How to trade CFDs on bitcoin with us

When you trade bitcoin with us, you’ll be trading on its price with CFDs. These products make it possible to take a position on bitcoin’s price without owning any physical coins – which means you can go short or long, depending on the market trend. To go short on bitcoin, you’d select ‘sell’ and expect the price to fall. To go long, you’d select ‘buy’ and expect the price to rise. As well as bitcoin, we offer other cryptocurrencies including bitcoin cash and ether.

CFDs on bitcoin full product details

When you trade bitcoin with us, you’ll be trading on its price with CFDs.

These products make it possible to take a position on bitcoin’s price without owning any physical coins – which means you can go short or long, depending on the market trend.

To go short on bitcoin, you’d select ‘sell’ and expect the price to fall. To go long, you’d select ‘buy’ and expect the price to rise.

As well as bitcoin, we offer other cryptocurrencies including bitcoin cash, ripple and ether.

Our award-winning trading platform

Our trading platform has been voted the best in Singapore.2

Web-based platform

Take control of your bitcoin CFD trading with our clean deal ticket, clear price charts and in-platform news and analysis.

Mobile trading app

Take advantage of bitcoin CFD opportunity wherever you are, and receive trading alerts and signals on the go – through email, SMS or push.

MetaTrader 4

Automate your trading with MT4 – one of the most popular third-party bitcoin CFD trading platforms .

FAQs

Back in 2009, an anonymous person or group known as Satoshi Nakamoto created a decentralised digital currency known as bitcoin.

No. With IG you are simply speculating on the price movement of bitcoin ($). You never need to actually own any.

Yes. When you trade bitcoin with IG you are speculating on price movements instead of buying and holding BTC, so you can open short positions as well as long ones.

Yes. You can open your position at the current price, or select your preferred entry point. We also offer a range of stops and limits, including trailing stops that lock in profits and guaranteed stops that can’t suffer slippage.

IG’s bitcoin settlement is based on a combination of real time prices provided directly by some of the world’s most liquid bitcoin exchanges.

Our bitcoin market is available around the clock, from 8am Saturday until 10pm Friday (UK time).

Bitcoin cash is a new cryptocurrency. Launched in August 2017 as a result of a split in the bitcoin transaction ledger (known as the blockchain), it operates under a different set of rules to bitcoin, and with a different blockchain altogether.

Learn more about the differences between bitcoin and bitcoin cash.

Bitcoin’s skyrocketing popularity was causing difficulties for the bitcoin mining community, which struggled to keep up with the capacity of transactions. Traders were having to wait an increasingly long time for their transactions to go through, and expected to pay additional fees if they wanted things to move quicker.

Cue disagreement within the community about how exactly to solve the scalability problem. Many miners felt that existing restrictions imposed by the software needed to be revised, while others felt this would disincentivise miners and devalue the cryptocurrency. This ultimately led to a split, or ‘hard fork’, in the blockchain.

Bitcoin forks aren’t uncommon, but there is usually a consensus on which version of the blockchain to discard. On this occasion, however, neither was discarded. This resulted in two tokens: the original bitcoin, and the new bitcoin cash.

This enabled bitcoin cash miners to apply new rules to their mining software and expand the currency’s transaction capacity, among other changes. As such, despite a shared transaction history, the two currencies are now entirely incompatible with one another.

Yes, you can use the MetraTrader 4 (MT4) platform to trade bitcoin against the US dollar. With MT4, you’ll gain access to low latency execution, as well as a number of free apps, indicators and tools.

Try these next

Discover everything you need to know about bitcoin halvings

Get to grips with the basics of how to trade bitcoin with our step-by-step guide

Compare cryptocurrencies against each other and start trading now

1 Based on revenue excluding FX (published financial statements, June 2020).
2 Based on the Investment Trends 2018 Singapore CFD & FX Report based on a survey of over 4,500 traders and investors. Awarded the Best Online Trading Platform by Influential Brands in 2020.
3 While leverage can increase your potential profits, it can also increase your total losses.