Trade Bitcoin as a CFD

Unique opportunities through emerging digital currencies

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Trade Bitcoin CFD with Axi

Incorporate the digital currency revolution into your trading with a range of popular cryptocurrencies now available as CFDs. Trade Bitcoin today through the BTC/USD symbol on MT4. 

How does Cryptocurrency CFD trading work?

When you trade cryptocurrencies with Axi, you’re not investing directly into the product. Instead, you’re simply trading on the realtime price movements in the market, meaning you’re able to profit whether the price goes up or down. This type is known as CFD (Contract For Difference) trading.

Example 1: Profiting from a price increase

Let’s say you enter into a Bitcoin CFD contract at a current market price of US$8,035, believing the market price will rise by a certain time. If the price of Bitcoin has risen at the expiry of the contract, you’ll make a profit based on the difference between the buy and sell price.

However, if it falls below the buy price at the point when the contract expires, you’ll lose the trade.

Example 2: Profiting from a price decrease

Let’s again say you want to buy a Bitcoin CFD contract at US$8,035, but this time believe the market price will fall. If it did fall by the time of the contract expiry, you’d make a profit. If it rose, you’d incur a loss.

Profiting from downward price movements is one of the unique aspects of CFD trading; if you were purchasing a physical asset, such as gold, you could only profit by selling for a higher price than that which you paid.

No Digital Wallet

No need for a digital wallet

Get the advantages of Bitcoin’s high volatility without the need for a digital wallet, no requirement to purchase physical Bitcoins and without the risk of digital currency theft.

Client Support

Comprehensive client support

Our award-winning support team is here to help 24 hours a day, 5 days a week

Leverage Returns

Apply leverage for higher returns

Trade up to 10 times more Bitcoin than your initial investment.

No Gst1

GST free

Unlike physical Bitcoin purchases which carry a 10% GST fee, Bitcoin trading comes with a tax exemption (Australian residents only).

What is Bitcoin?

Known as a “cryptocurrency”, Bitcoin is a form of digital currency. Since it was created in 2009 it has become an increasingly widely accepted form of international currency, used by everyone from governments to small retail outlets.

Unlike traditional forms of currency which rely on banks to facilitate transactions, Bitcoin is part of a decentralised online payment network relying on cryptography to pass securely from user to user using Blockchain technology. As a traded currency, Bitcoin works in exactly the same way as any other FX pair.

Why trade a cryptocurrency as a CFD?

Because Bitcoin it is not a centralised currency controlled by a single bank or dominated by interbank dealers, the Bitcoin market moves quickly with retail demand and can be subject to significant price swings. And you don’t need to own any Bitcoins to profit from it - all you need to do is trade on the price movements, meaning you have the potential to profit from either direction.

Is CFD trading regulated?

When trading a volatile cryptocurrency like Bitcoin as a CFD, it’s crucial to choose a reputable and accountable broker for your trades.

Help protect your account and reduce your risk by choosing a trusted, respected and fully regulated broker.

Bitcoin CFD Trading FAQs

Risk Warning
Cryptocurrencies like Bitcoin are extremely volatile and can move or jump in price with no apparent reason due to lack of liquidity and adhoc news. There is little or no fundamental reasoning behind its pricing and as such trading CFDs in Bitcoin pose a significant risk to Retail Clients. While Axi only quotes Bitcoin during the week, it can trade over the weekend, meaning there could be a significant price change between Friday and Monday. It should only therefore be traded by those clients with sufficient experience to understand that they risk losing all their investment, or more, in a short period of time, and only a very small part of their portfolio should be used.

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