CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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.

Bitcoin trading

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

Cryptocurrency trading is only available to professional traders on the international account.

Call 010 344 0053 or email helpdesk.za@ig.com to talk about opening a trading account. We’re here 24 hours a day, from 9am Saturday to 11pm Friday.

Contact us: 010 344 0053

Why trade bitcoin with us?

Choose a FTSE 250-listed, established provider, and benefit from 45 years’ trading expertise

Preserve your capital with negative balance protection and guaranteed stops3

Open a free account quickly and easily – you could be set up and trading bitcoin today

Get friendly, expert support 24 hours a day from 6am Saturday to 10pm Friday

What are the benefits of trading 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 - from multiple exchanges

Pay no tax

Offset losses against gains with CFDs

React to volatility

Seize 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.

Bitcoin full product details

How to trade Bitcoin with us

When you trade bitcoin with us, you'll be speculating on its price eith derivatives such as 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 - all of which you can trade with CFDs.

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Our bitcoin market takes its price from the value of bitcoin against the dollar. So when you trade on bitcoin with us, you’ll be betting an amount of money on every dollar of movement in its price.

Let’s say you're interested in trading bitcoin via a CFD. Our price is currently 10,400 to sell bitcoin or 10,438 to buy it (the difference between prices is due to the spread).

You believe that bitcoin’s price will fall against the dollar, so you sell five contracts at 10,400 – giving you a total exposure of $52,000 (equivalent to selling five bitcoins at $10,400).

Bitcoin’s price falls and our new prices are 10,312 to sell or 10,350 to buy. You decide to take your profit by buying at 10,350.

Bitcoin moved 50 points in your favour (10,400 - 10,350) so your gross profit is $250 ($50 x 5 contracts).

If the market had rallied 50 points instead, your gross loss would be $250.

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 45 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 45 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.

Get the latest bitcoin news

FAQs

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

You won’t need a bitcoin wallet to trade with us because you’ll be speculating on the price of bitcoin, rather than taking direct ownership. Any profits will be paid into your bitcoin trading account, and you can withdraw them in cash from there.

You can trade bitcoin on the MT4 platform, either through a desktop version of MT4 or with an MT4 VPS. When you download MT4 from IG, you’ll get instant access to our range of free indicators and add-ons.

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1 Based on revenue excluding FX (published financial statements, June 2020).
2 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK.
3 Negative balance protection applies to trading-related debt only, and is not available to professional traders.
4 Excludes any daily funding charges.