Trade Bitcoin with FXCM

We have launched our first Cryptocurrency CFD, Bitcoin (BTC/USD).

Whether the price of Bitcoin goes up or down, you can take part of the action by trading at FXCM.

You can enable the instrument on your account today by typing 'BTC/USD' into the search box on the Trading Station Symbols list window.

What is Bitcoin?

Bitcoin is a global form of digital currency. Unlike traditional currencies, which were frequently backed by gold and silver, bitcoin is based on distributed computing. While traditional currencies are printed by central banks, bitcoins are created or "mined" by distributed computer networks.

Bitcoin differs from traditional currencies is that it is decentralized, meaning that it is not controlled by any single institution. As a result, miners around the world create new units of the currency and confirm its transactions.

Why Trade BTC/USD with FXCM?

Directional Trading

With FXCM you can open long and short BTC/USD positions and trade potential market moves in either direction.

No Crypto Wallet or Cold Storage

Trading FXCM’s BTC/USD CFD means that no physical delivery of Bitcoin is required and profits and losses are credited or debited to your account instantly.

Low cost of entry

Micronized contracts allow you to place trades as small as the equivalent of 1/100th of a Bitcoin, which also lowers the margin requirements to hold a position open.

TRADE BITCOIN WITH LEVERAGE1

2:1 Leverage Available. Control the position size of your choosing requiring only half the necessary funds

Did you know? Bitcoin (BTC/USD) has a periodic expiration. Please review our CFD Product Guide to learn more.

 

1 Leverage: Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange with any level of leverage may not be suitable for all investors. 

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