Why trade cryptocurrencies with CMC?
There are a number of reasons to trade CFDs on cryptocurrencies with us:
No auto expiry
Unlike some providers we don’t automatically close you out each week, so you can hold positions without having to pay spread costs to reopen the trade.
Trade on margin
Take a position on bitcoin and ethereum without tying up all of your capital.
Go long or short^
Take advantage of cryptocurrency price movements and take a view on whether bitcoin and ethereum will rise – or fall – in price.
Avoid the worry and hassle of dealing with an unfamiliar cryptocurrency exchange and trade with an established provider, where you can easily deposit or withdraw funds.
Speak to a member of our award-winning Customer Services team‡ - we're available whenever the markets are open.
Trade on the go with an award-winning CFD trading mobile app‡.
Cryptocurrencies instrument details
Trade on the price of bitcoin and ethereum against the US dollar, via a CFD trading account. View the spreads, margin rates and trading hours in the table below.
|Instrument||Minimum spread||Margin rate from||Trading hours|
|Bitcoin/USD||50||20%||6am Mon – 4am Sat (SGT)|
|Ethereum/USD||5||20%||6am Mon – 4am Sat (SGT)|
|Bitcoin cash/USD||9||20%||6am Mon – 4am Sat (SGT)|
|Litecoin/USD||110||20%||6am Mon – 4am Sat (SGT)|
|Ripple/USD||80||20%||6am Mon – 4am Sat (SGT)|
Information accurate as of 13/11/2018. Please note that we may restrict trades from time to time, due to high demand.
Interested in trading cryptocurrencies?
Cryptocurrencies, which are generally unregulated in themselves, are high-risk, speculative investments, which will impact any cryptocurrency CFD trades that you enter with us. The value of cryptocurrencies, and therefore the value of CFD Trades linked to them, is extremely volatile. They are vulnerable to sharp and sudden changes in price due to unexpected events or changes in market sentiment. CFD Trades are leveraged products. Therefore the combination of increased volatility and leverage has the potential to significantly increase your losses if the market moves against you, relative to CFD Trades based on other products. Furthermore, there are general risks in trading cryptocurrencies. Cryptocurrencies are unregulated in Singapore and you may not be entitled to certain regulatory safeguards. There are also cybersecurity risks, given cryptocurrencies are virtual currencies. Accordingly, you should only invest in cryptocurrency CFD Trades if you consider that you have the knowledge and experience of, and fully understand the risks associated with, both CFDs and cryptocurrencies.
^Please note, we may, at our sole discretion, restrict your ability to go long or short.
‡Awarded Highest Overall Client Satisfaction, Best Customer Service, Best Platform Features, Best Value for Money, Investment Trends Singapore CFD & FX Report 2017.