BITCOIN CFDS

Trade Bitcoin CFDs on our award-winning* platform

Take a CFD position on Bitcoin versus the US dollar (BTC/USD), with spreads from only US$100 and a margin rate of 50%.

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Competitive spreads

Our spread for Bitcoin CFDs starts at US$100 for up to the equivalent of 2 Bitcoins, going up to $250 for the equivalent of 2+ Bitcoins. You can trade from as little as 0.01 Bitcoin CFDs.

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Trade Bitcoin on the move

Trade Bitcoin CFDs using the powerful OANDA Trade or MT4 platform. Trade from your laptop, or when you’re on the move from your mobile or tablet device.

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Powerful tools and resources

Create an even more powerful Bitcoin trading strategy with our range of sophisticated tools and APIs.

What is Bitcoin?

Bitcoin is the most well-known cryptocurrency in the crypto space, its origins dating back to 2009. Bitcoins are lines of computer code that are digitally signed each time they pass from one owner to the next. They are stored in a digital wallet, either online through an exchange like Coinbase, or offline ‘in cold storage’ on a hard drive using specialised software. For every transaction, the sender and recipients’ Bitcoin addresses and the amount transferred are inscribed into a public ‘distributed ledger’ called a blockchain, which cannot be amended or deleted.

Bitcoin can be traded in the open market much the same way as fiat currencies such as the US dollar. Traditionally, currencies were backed by physical commodities such as silver and gold, but fiat money has its value based on the creditworthiness of the issuing government. Fiat currencies lack intrinsic value and are established as legal tender by government regulation. Unlike fiat, Bitcoin is not controlled by any central bank or government, and the supply of Bitcoins is limited by an algorithm which introduces artificial scarcity.

Cryptocurrencies such as Bitcoin are high-risk, speculative investments. However, with the recent decline in the US dollar and the growing uptake of Bitcoin for everyday transactions, trading in Bitcoin has become widespread. Although there are numerous other cryptocurrencies now available, including Ethereum, Rune, Doge and XRP, Bitcoin remains the giant on the crypto stage. One of the most appealing aspects of Bitcoin and its cryptocurrency cousins is that its value cannot be set by any central bank’s decisions. And now that major investment banks like Goldman Sachs and payment providers like PayPal and Square are participating in this crypto space, there is a growing consensus in the financial world that Bitcoin is here to stay.

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Trading Bitcoin as a CFD with OANDA

You can trade Bitcoin as a CFD from your OANDA trading account, using the OANDA Trade, MT4 or TradingView platforms. You can also take a position on popular forex, indices, commodities and metals CFDs. Available on trade on live and demo accounts.

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No need for wallet or registering on an exchange

You can trade BTC much the same way you would trade any forex pair. Which means you don’t need to hold physical Bitcoin, you don’t need an e-wallet, private key or have to wait for exchange approval. You can start trading Bitcoin immediately.

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Pricing model

Our pricing engine aggregates live prices, in real time, from our liquidity providers and calculates a mid-point. A custom-built pricing algorithm automatically calculates the mid-point value for each tradable instrument on our trading platform. This mid-point fluctuates throughout the day as market prices change.

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Frequently asked questions

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How can I trade Bitcoin with OANDA?

At OANDA we offer Bitcoin trading against the dollar (BTC/USD).

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What is the minimum size I can trade in Bitcoin?

With our Bitcoin CFDs, you can trade from as little as 0.01 bitcoins. This is ideal if you are new to Bitcoin or have traded it before but incurred heavy losses owing to the coin’s high volatility.

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What is the margin rate for trading Bitcoin on OANDA?

The margin rate is 50%.

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Do I need an e-wallet to trade Bitcoin on OANDA?

No. You can trade Bitcoin the same way you trade forex CFDs, using available funds in your account.

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What kind of trading platform can I use to trade Bitcoin?

You can trade Bitcoin CFDs using the powerful OANDA Trade, MT4 platform or via TradingView. Trade from your laptop, mobile or tablet.

*Voted Most Popular Broker and Best Forex and CFD Broker 2020 (TradingView Broker Awards); Highest Mobile App Satisfaction and Third-Party Integrations (Investment Trends US FX Report 2020) and Overall User Satisfaction (Investment Trends US FX Report 2019).

CFD trading

We offer CFD prices on a range of financial instruments, including indices, forex pairs, commodities, metals and bonds.

4 ways to trade, plus MetaTrader 4

Access OANDA Trade from your web-browser or desktop, tablet or mobile device. We also offer MT4.

Take advantage of MetaTrader 4

Our custom-built bridge combines OANDA’s pricing and execution with MT4’s charting and analysis.