Cryptocurrency CFDs
Cryptocurrency CFDs are digital currencies that are prone to huge price movements in value. You can take advantage of this volatility by trading Crypto CFDs with Pepperstone – without the need for a digital wallet or trading on a cryptocurrency exchange.
Competitive pricing
How we compare to the rest with our Bitcoin CFD price comparison. We offer one of the lowest Bitcoin CFD spreads on the market, which is more than 2 times cheaper than the rest^.
| Overnight Funding on $1/pt USD | ||||
|---|---|---|---|---|
| Pepperstone | Long | -10.02 | ||
| Short | 2.5 | |||
| Plus 500 | Long | -9.27 | ||
| Short | -5.11 | |||
| IG | Long | -10.02 | ||
| Short | 2.5 | |||
| CMC | Long | -12.52 | ||
| Short | 2.5 | |||
| Etoro | Long | -5.53 | ||
| Short | -5.53 | |||
^Cheaper than the compared brokers licensed by ASIC in the comparison table. Other fees and charges may apply. Figures are based on a notional value of $18280.0 representative of a tick value of $1 per point when bitcoin is priced at $18280.0. Analysis was based on information obtained via competitor websites and trading platforms. Accurate to the best of our ability as of 9th December 2020. This table is for comparative purposes only. Positive figures reflect clients receiving swaps. Above data includes the forced expiry for Plus 500 where clients are charged spread to close, and spread to re-open the trade. Data contained in this table is indicative and subject to change.
Why trade Crypto CFDs with Pepperstone?
- Market-leading spreads, more than 2 times cheaper than our competitors^
- Weekend trading available on Bitcoin, Bitcoin Cash, Ethereum, Ripple
- Trade Crypto CFDs without the need for a digital wallet
- The ability to hedge on a single account
- Go long or short on Bitcoin CFD price movements with leverage of up to 20:1 on all of our trading platforms
- Trade our range of Crypto CFD markets, including Ethereum and Bitcoin Cash, and global index derivative products – Crypto10, Crypto20 and Crypto30 – that track changes in the value of a basket of the world's most highly traded cryptocurrencies
- We're a global FX and CFD broker regulated by ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB
Risks
Cryptocurrencies such as Bitcoin are much more volatile than traditional currencies and carry significant risks. Please also note that you won't own or have any rights in the underlying currency when you trade with Pepperstone. The cryptocurrency market is volatile so sharp and sudden moves in price could see you lose significant amounts of money very quickly.
The underlying crypto markets are open over the weekend.1 We don’t offer a separate ‘weekend symbol', so when you open a position, you’ll be doing so with the same symbol you trade with during the week.
Stop losses, take profits and pending orders to open on Bitcoin, Bitcoin Cash, Ethereum and Ripple positions can be triggered during our weekend trading times.
Please note that weekend positions with attached stops/limits will not be netted off against existing weekday contracts. In this instance the weekend position will roll into a new weekday position, with the same stops/limits attached. Similarly, weekend positions will not net off against existing weekday contracts if the weekday contracts have stops/limits attached. In this instance, weekend positions will be rolled into new weekday contracts.
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Learn to trade Cryptocurrency CFDs and diversify your portfolio, without the need of a digital wallet
Frequently asked questions
(1) Trade Bitcoin, Bitcoin Cash, Ethereum and Ripple from 00:00 GMT+2 Monday to 17:00 GMT+2 Saturday – followed by a 7 hour break – resuming again at 00:00 GMT+2 Sunday to 00:00 Monday (including our daily break between 00:00 – 14:05). If you have a position open on one of these cryptocurrency markets, it will be affected by weekend trading. This additional trading period during the weekend means not only do you have longer to speculate on the price of different coins, but also any stop losses and take profits you have attached can be filled on the weekend.
Cryptocurrency spreads are quoted in points with reference to the equivalent underlying market contract. Average spreads updated Nov 2020.