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Bitcoin CFD trading

Trade bitcoin CFDs in Singapore with competitive spreads, leverage and no crypto wallet needed.

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 bitcoin CFDs with IG?

MAS regulated trading platform

IG Asia Pte Ltd is regulated by the Monetary Authority of Singapore.

No bitcoin wallet required

Trade bitcoin CFDs without crypto wallets or exchange security risks.

Advanced bitcoin trading tools

Professional charting and technical analysis tools for bitcoin CFDs.

24/7 bitcoin markets access

Trade bitcoin CFDs around the clock with competitive spreads.

Live bitcoin prices

What is bitcoin CFD trading?

Trade bitcoin CFDs without owning the cryptocurrency.

Bitcoin CFD trading lets you speculate on bitcoin price movements without the complexities of cryptocurrency ownership. Instead of buying bitcoin through crypto exchanges and storing it in digital wallets, you trade contracts that track bitcoin's price performance.

Key benefits of bitcoin CFD trading:

  • No bitcoin wallet setup or security management required
  • Trade both rising and falling bitcoin prices
  • Access leverage to amplify your market exposure
  • Professional trading tools and analysis
  • MAS regulated trading environment

How to trade bitcoin CFDs

Decide if bitcoin will rise or fall based on analysis.

Go long if bullish or short if bearish on prices.

Determine position size and add stop-loss orders.

Track market moves and close when targets are met.

Costs of trading bitcoin CFDs with IG

Spread costs and fees

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    The difference between the buy and sell price.

Overnight funding

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    Depends on whether you hold a long or short position.

Guaranteed stop

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    If you use a guaranteed stop order, a premium may be charged.

Tiered margin costs

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    Larger positions may require a higher margin.

Trade bitcoin CFDs on these platforms

  • IG Online platform
  • IG Mobile app
  • MetaTrader 4

Choose our online platform for a seamless and lightning-fast trading experience.  

All the features you need, whenever and wherever you need them.

Trade with customisable charts and automated strategies.

FAQs about bitcoin CFD trading in Singapore

Do I need a bitcoin wallet to trade with IG?

No. Bitcoin CFD trading doesn't require a bitcoin wallet, crypto exchange account or cryptocurrency ownership. You're trading contracts based on bitcoin's price movements through our MAS regulated platform.

Is bitcoin CFD trading regulated in Singapore?

IG Asia Pte Ltd is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services licence. However, cryptocurrencies themselves are not regulated by MAS.

How do bitcoin CFDs differ from buying actual bitcoin?

Bitcoin CFDs let you trade price movements without owning cryptocurrency. You avoid wallet security risks, exchange fees and technical complexities while accessing leverage and professional trading tools.

Can I trade bitcoin 24/7 in Singapore?

Yes. Bitcoin CFD markets are available 24 hours a day, 7 days a week, though weekend trading may have wider spreads due to lower market liquidity.

What are the costs of bitcoin CFD trading?

Bitcoin CFD trading costs include spreads (difference between buy/sell prices), overnight funding charges and optional guaranteed stop premiums. No commission charges apply to bitcoin CFDs.

Can I short bitcoin with CFDs?

Yes. Bitcoin CFDs allow you to profit from falling prices by taking short positions, unlike buying actual bitcoin where you can only profit from price increases.

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