Why GO Markets for cryptocurrency CFDs?

Access popular cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Litecoin

Leverage up to 2:1^

Use leverage to control a larger position size with a smaller initial investment

Ease of transaction: no need to purchase the underlying asset

Trade BTCUSD, ETHUSD, BCHUSD and LTCUSD 24/7

24/7 support with friendly, knowledgeable staff on call for all your needs

Trusted, Reliable and Regulated broker

Trading Cryptocurrency CFDs

Cryptocurrency Contract For Difference (CFDs) are a type of derivative instrument that allow traders to speculate on the price movements of cryptocurrencies. CFDs allow traders to profit from both rising and falling prices, and they are a popular way to trade cryptocurrencies due to their flexibility and accessibility.

When you trade cryptocurrency CFDs, you enter into an agreement with a broker to exchange the difference in the value of a cryptocurrency between the time you open a position and the time you close it. This means that you don’t have to deal with the hassle of securely storing crypto on an exchange or wallet but still get exposure to its price movements.

CFDs are a leveraged product, which means that you can trade with a small amount of capital and magnify your profits. However, leverage also increases your risk, as any losses are also magnified.

One of the advantages of trading cryptocurrency CFDs is that they can be traded 24/5, with select symbols available 24/7. This allows traders to take advantage of price movements that occur outside of normal trading hours.

When trading cryptocurrency CFDs it’s important to choose a reputable broker, like GO Markets, that is regulated by multiple respected financial authorities, as this will help ensure that your funds are safe and that you are trading on a fair and transparent platform.

To trade crypto, select the cryptocurrency you are interested in, enter your size and pick buy or sell depending on where you think the market will go. When you close your trade the profit or loss is booked to your account balance instantly. It’s important to understand the risks involved (refer to our Disclosure Statement) and manage your risk carefully and to consider using stop-loss or take profit orders to lock in profits and limit your potential losses.

^Retail client leverage. Wholesale clients can access higher leverage

Cryptocurrencies available on the GO Markets platforms:

Range of Cryptocurrencies you can trade Trading example

Range of Cryptocurrencies you can trade

Cryptocurrency leverage is available up to 2:1 for Retail accounts, and up to 20:1 for Wholesale accounts.

NameSymbolCurrencyMin. Trade Size
BitcoinBTCUSDUSD0.01
EthereumETHUSDUSD0.01
LitecoinLTCUSDUSD0.01
DogecoinDGEUSDUSD0.01
DashDSHUSDUSD0.01
Bitcoin CashBCHUSDUSD0.01
CardanoADAUSDUSD0.01
ChainlinkLNKUSDUSD0.01
PolygonMTCUSDUSD0.01
SolanaSOLUSDUSD0.01
TronTRXUSDUSD0.01
StellarXLMUSDUSD0.01
EOSEOSUSDUSD0.01

Trading example

Trading example: Cash CFD BTCUSD

Quote60,000 / 60,025
Contract size1 coin
Trading unitUSD

Trade example (Sell):

The quote means you will sell at: 60,000

Strategy: you believe BTCUSD will go lower, so you sell one contract at USD 60,000

Margin Requirements: You need to have the required margin available for the contract that you are trading (see symbol specifications in MT4 platform).

Contract Size: The value of 1 see contract of BTCUSD is Price x Contract Size (60,000 x 1 = $60,000 USD)

Note: The contract size in monetary terms vary in accordance with market price.

Trade example (Close):

BTCUSD is now quoted at 59,937 / 59,962

Strategy: You decide to take profit and close the position at 59,962

Profit/Loss calculation: (opening value – closing value) x contract size = profit/loss.

Calculation: (60,000 – 59,962) x 1 = $38.00 USD (Profit)

Account currency: Your profit/loss will now be converted to your account currency.

Integrated platform power

MetaTrader 5

This powerful multi-asset platform lets you trade Forex, Shares, Crypto and Futures as CFDs.

Learn more

MetaTrader 4

A popular platform with new and expert traders for trading Forex, analysing markets and using EAs.

Learn more

GO WebTrader

A simplified MT4 and MT5 version allowing you to access your trading account from your browser.

Launch WebTrader

More than just Cryptocurrency

Diversify your portfolio with the wide range of CFDs from GO Markets. Trade Forex, Indices, Commodities like gold, silver, oil, and much more. Follow the links below to learn more about our other products.

Ready to start trading? Open an account or try our Free Demo