Bitcoin trading

Trade on bitcoin price movement with the world’s no.1 CFD provider1 and take advantage of bitcoin volatility without owning any cryptocurrency. 

Only available on an international account*

Why trade bitcoin with IG?

  • Go short as well as long

    Because you never actually own the currency, you can go short if you think the value will fall

  • Improved liquidity

    So there's more chance of executing your full trade at your chosen price

  • Utilise leverage

    Deal bitcoin without investing huge amounts of capital

  • Fully regulated and trusted provider

    We're an FSP and FCA-regulated, FTSE 250 company with 40 years' trading experience

Live bitcoin (BTC) prices

Markets Bid Offer Updated Change
Bitcoin (USD)
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Bitcoin Cash (USD)
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See full details, including spreads, dealing hours and margins for bitcoin, in our help section.

How leveraged bitcoin trading works

Bitcoin is usually quoted against the US dollar — so when you buy bitcoin on an exchange, you are selling USD and buying bitcoin. If bitcoin’s price rises, then you can sell it for a profit, because bitcoin is worth more USD than when you bought it. If bitcoin’s price falls, then you make a loss.

When you buy bitcoin with IG, you’re doing the same thing. But instead of taking ownership of bitcoin, you’re opening a position that will increase in value as bitcoin’s price increases against the dollar. If bitcoin’s price falls, then your position will lose value.

We offer leveraged bitcoin trading via CFDs. You can open short positions as well as long: so if bitcoin’s price drops, your position increases in value. Our spreads start at just 110 points. Bitcoin can be traded on all our trading platforms, including MT4.  

FAQs

Do I need a bitcoin wallet to trade bitcoin markets with IG?

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

Can I take a short view to open on the price of bitcoins ($) with the markets that IG offers?

Yes. With our FX pairs, digital 100s and sprint markets you never hold bitcoins in the real sense, so you can take a short view to open on bitcoins.

How are IG's bitcoin settlements derived?

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.

When are your bitcoin markets available?

Bitcoin markets are available from 4am on Saturday morning through to 10pm on Friday night (London time) (market holidays permitting).

Where are the bitcoin markets on the trading platform?

The bitcoin FX pairs are under "Forex" > "Virtual FX". The bitcoin ($) markets and digital 100s are under "Bitcoin" in the main finder navigation.

Can I trade bitcoin on the MetaTrader 4 platform?

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

Open an account now

It's free to open an account, takes less than five minutes, and there's no obligation to fund or trade.

Please note: Bitcoin is available to trade on an international account only

1  Based on revenue excluding FX (published financial statements, February 2018).

2  South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance and may not use credit or debit cards to fund their international account.

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Contact us

24 hours a day from 10am Saturday to Friday night at midnight.

010 344 0053

You can also email helpdesk.za@ig.com

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.