Trade Bitcoin with ALB and benefit from the advantages:
Go short as well as long
Take a position on Bitcoin when you expect it to rise or fall in value
No need to open an exchange account
Utilise margin, deal Bitcoin without tying massive amounts of capital
WAYS TO TRADE BITCOIN
CFD products are designed to give market exposure without ever owning the underlying.
A Bitcoin CFD enables you to trade a contract based on prices in the underlying market.
It is margin product, meaning you can put down an initial deposit and still gain exposure of a much larger position. This can magnify profits as well as losses.
WHAT FACTORS INFLUENCE BITCOIN’S PRICE?
Bitcoin’s volatility makes the cryptocurrency an attractive opportunity as well as a risky market to speculate on.
Its price can shift significantly and suddenly. Volatility in Bitcoin’s price is driven by several external factors:
- Market Cap
- Bad Press
- Advance in blockchain technology
- Key events
BITCOIN CFD EXAMPLE
You’re interested in trading a bitcoin via a CFD.
Our current price is 10,000 to sell bitcoin, or 10,020 to buy it.
You believe that bitcoin’s price will fall against the dollar, so you sell 1 contract at 10,000 (equivalent to selling 5 bitcoins at €10,000).
The bitcoin price falls and now price is 9,880/9,900.
You decide to take profit and close your position by buying at 9,900.
$10,000 – $9,900 = $100 move or 100 points. Your profit is $500.
If the bitcoin price moved higher by 100 points instead, your loss would be $500.
TRY A RISK-FREE EXPERIENCE
Open a demo account to gain market experience and try out new strategies without taking any financial risk.
BITCOIN TRADING CONDITIONS
We source our Bitcoin CFD price from Bitcoin futures developed by the leading and largest derivatives marketplace CME group.
|MARKET||LEVERAGE||TRADING HOURS||TICK VALUE**||COMMISSION†|
|BITCOIN/BITCOIN#||1:2||1:5||Mon 23:05 – Fri 22:59 CET||USD 25.00||EUR 10|
|ETHEREUM||1:2||1:5||Sun 23:05 – Fri 22:59 CET||USD 5.00||EUR 10|
|RIPPLE||1:2||1:5||Sun 23:05 – Fri 22:59 CET||USD 5.00||EUR 10|
|BITCOINCASH||1:2||1:5||Sun 23:05 – Fri 22:59 CET||USD 5.00||EUR 10|
|LITECOIN||1:2||1:5||Sun 23:05 – Fri 22:59 CET||USD 5.00||EUR 10|
** Tick value indicated is based on a standard contract traded. Tick value may vary according to the size of the trade. † Cost per 1 standard contract traded per round trip.
Start trading now!
Start trading now!
Our CFDs are leveraged products which can carry a high level of risk to your capital and investing in them can result in losses that exceed your initial deposit. Investors do not own, or have any rights to, the underlying assets. These products may not be suitable for all investors. Please make sure that you fully understand the risks involved and seek independent advice if necessary.