| Online Broker | Cryptocurrency | Minimum Deposit | Total Markets |
|---|---|---|---|
| City Index | Bitcoin Cryptocurrency | $150 Minimum Deposit | 6,300+ Markets |
City Index Now Offers Bitcoin For CFD Trading
City Index offers CFD trading in Bitcoin.
What Bitcoin markets are available ?
City Index offers Bitcoin CFDs. In addition it offers Bitcoin Mini CFD and Bitcoin Fractionals CFDs.
What is Bitcoin Mini CFD ?
Bitcoin Mini allows the trader to trade Bitcoin CFDs with a smaller margin requirement. A Bitcoin Mini is 1/10th of a Bitcoin CFD and hence the margin required is 1/10th of the margin for 1 Bitcoin CFD.
What is a Bitcoin Fractional ?
A Bitcoin Fractional allow a minimum trade size of 0.1 CFDs. The difference between a Bitcoin Mini and Bitcoin Fractional is that Bitcoin Mini is only for Bitcoin/USD, while Bitcoin Fractionals are allowed for all Bitcoin Pairs.
What is the minimum trade size ?
1 Bitcoin CFD, 0.1 Bitcoin CFD for Bitcoin Mini and 0.1 Bitcoin CFD for Bitcoin Fractionals.
Does the trader need a Wallet ?
The trader does not need a Wallet as they do not own the underlying asset. These are CFDs, which allow the trader to speculate on the movement of prices.
What is City Index's minimum deposit ?
City Index has a minimum deposit of $150, however to trade Bitcoin a larger deposit would be necessary. City Index.
What is the spread ?
The spread is from $35. The spread can change due to market conditions.
What is the margin ?
Margin is from 50% at City Index (ASIC regulated).
What platforms are available at City Index ?
City Index offers its user friendly Web Trader, a mobile app and MT4. Bitcoin CFDs are available on the Web Trader and mobiel app (Bitcoin is not available on MT4). City Index supports tablet and mobile trading, as well as desktop. City Index was awarded Best Tablet App at the Online Personal Wealth Awards 2017.
Is hedging available ?
Hedging of Bitcoin is available.
What are Bitcoin's trading hours ?
Bitcoin's trading hours are from 22:00 GMT Sunday to 22:00 GMT Friday.
What other markets at available at City Index ?
City Index has a wide range and a relatively large number of market available, covering Forex, Indices, Equities, Energy, Soft Commodities, Bonds, Interest Rates and Options in addition to Cryptocurrencies, for a total of over 6,300 CFDs.
What other cryptocurrencies are available ?
In addition to Bitcoin, City Index offers Bitcoin Cash, Ethereum, Litecoin and Ripple CFDs.
