Price movements on Cryptocurrencies like Bitcoin or Ethereum are driven primarily by news and prevailing sentiment, i.e. the fear and greed of retail speculators. These sometimes dramatic shifts can lead to massive intraday price swings, making Cryptocurrency CFDs an exciting product for aggressive and experienced day traders.
The IC Markets Cryptocurrency CFD product allows traders to go long or short without actually holding the Cryptocurrency. This means traders can get exposure to the price of the Cryptocurrency without worrying about the security risks associated with storing it and the counterparty risk from the exchange. This is similar to trading Energy Futures such as oil rather than owning physical oil to speculate on its price.
On Saturdays between 17:00 – 00:00 server time, cryptocurrency trading will not be available. Our dedicated servers require maintenance over this time to ensure optimal performance and a superior trading experience. Cryptocurrency trading on cTrader will remain available 24/5.
The first and largest cryptocurrency, Bitcoin paved the ways for hundreds of similar currencies and boasts a market cap of over $100 billion.
The world’s second-largest cryptocurrency, it is labelled by many as ‘the next Bitcoin’. Ethereum has received international recognition and support from giant organisations such as Microsoft, JP Morgan, and Intel..
Dash’s focus is on instant transactions and owner privacy. Dash has an infrastructure that enables much faster transactions than other cryptocurrencies and therefore displays higher liquidity than many of its counterparts.
Designed by a former Google engineer to improve upon Bitcoin’s technology, Litecoin offers quicker processing times and a larger number of tokens. It is also the first cryptocurrency to implement SegWit, a method of speeding up transaction times without compromising the underlying blockchain technology.
Bitcoin Cash resulted from a hard fork of the Bitcoin blockchain. It increased block size from 1 megabyte to 8 megabytes without incorporating SegWit.
Ripple is both a transaction network and crypto token which was created in 2012 as the go-to cryptocurrency for banks and global money transfers, and has recently experienced a period of growth
EOS is a decentralized operating system based on blockchain technology. It is designed to support of decentralized applications on a commercial-scale by giving all the required core functionalities.
Emercoin is an open-source cryptocurrency which originated from Bitcoin, Peercoin and Namecoin. Other than being a cryptocurrency, it is also a platform for secure distributed blockchain business services.
Namecoin is a blockchain protocol that serves as a naming system. Since Namecoin is a fork of Bitcoin, it is also a cryptocurrency that can be used for peer-to-peer transactions
PeerCoin aims to solve the inefficiency problem of the Proof-of-Work that is used by bitcoin and many other coins using its own Proof-of-Stake system.
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable, heterogeneous, multi-chain technology
Stellar, or Stellar Lumens, is an open source, decentralized protocol for digital currency to fiat money low-cost transfers which allows cross-border transactions between any pair of currencies..
Chainlink is a decentralized oracle network and cryptocurrency that provides data to blockchains. It is one of the main sources of data used to feed information to applications in decentralized finance.
Commodities cover energy, agriculture and metals products. These products are traded in futures markets and derive their value from demand and supply characteristics.
Supply characteristics include the weather in the case of agriculture and costs of extraction in the case of mining and energies.
Demand for commodities tends to be characterised by broader conditions such as economic cycles and population growth. Commodities can be traded as stand alone products or in pairs.
Metals and energies are traded against major currencies whereas agriculture futures contracts are traded as stand-alone contracts.
* MIN – minimum, AVG – average
|Instrument Symbol||Underlying Instrument Description||Instrument Type||Minimum Order Size|
|AUD/CAD||Australian Dollar vs Canadian Dollar||Forex||0.01 lot|
|AUD/CHF||Australian Dollar vs Swiss Franc||Forex||0.01 lot|
|AUD/JPY||Australian Dollar vs Japanese Yen||Forex||0.01 lot|
|AUD/NZD||Australian Dollar vs New Zealand Dollar||Forex||0.01 lot|
|AUD/USD||Australian Dollar vs US Dollar||Forex||0.01 lot|
|CAD/CHF||Canadian Dollar vs Swiss Franc||Forex||0.01 lot|
|CAD/JPY||Canadian Dollar vs Japanese Yen||Forex||0.01 lot|
|CHF/JPY||Swiss Franc vs Japanese Yen||Forex||0.01 lot|
|EUR/AUD||Euro vs Australian Dollar||Forex||0.01 lot|
|EUR/CAD||Euro vs Canadian Dollar||Forex||0.01 lot|
|EUR/CHF||Euro vs Swiss Franc||Forex||0.01 lot|
|EUR/GBP||Euro vs Great Britain Pound||Forex||0.01 lot|
|EUR/JPY||Euro vs Japanese Yen||Forex||0.01 lot|
|EUR/NZD||Euro vs New Zealand Dollar||Forex||0.01 lot|
|EUR/USD||Euro vs US Dollar||Forex||0.01 lot|
|GBP/AUD||Great Britain Pound vs Australian Dollar||Forex||0.01 lot|
|GBP/CAD||Great Britain Pound vs Canadian Dollar||Forex||0.01 lot|
|GBP/CHF||Great Britain Pound vs Swiss Franc||Forex||0.01 lot|
|GBP/JPY||Great Britain Pound vs Japanese Yen||Forex||0.01 lot|
|GBP/NZD||Great Britain Pound vs New Zealand Dollar||Forex||0.01 lot|
|GBP/USD||Great Britain Pound vs US Dollar||Forex||0.01 lot|
|NZD/JPY||New Zealand Dollar vs Japanese Yen||Forex||0.01 lot|
|NZD/USD||New Zealand Dollar vs US Dollar||Forex||0.01 lot|
|USD/CAD||US Dollar vs Canadian Dollar||Forex||0.01 lot|
|USD/CHF||US Dollar vs Swiss Franc||Forex||0.01 lot|
|USD/JPY||US Dollar vs Japanese Yen||Forex||0.01 lot|
|USD/SGD||US Dollar vs Singapore Dollar||Forex||0.01 lot|