Trade Crypto Volatility

Trade Crypto volatility without owning Cryptocurrency

City Index offers the lowest costs on your Spread Betting and CFD Crypto trading

Lowest costs on your Cryptocurrency trading

We're proud to offer the lowest costs on your Cryptocurrency trading, with market-leading pricing on Bitcoin, Ethereum, Litecoin and Ripple.

Assuming Bitcoin is priced at $9,000 CityIndex logo IG CMC Plus500
Spread 35 36 37 36
Financing Long Short Long Short Long Short Long Short
Daily Cost 0.0411% -0.0137% 0.0548% -0.0137% 0.0685% -0.0137% 0.0485% 0.0200%
Overnight funding £3.70 -£1.23 £4.93 -£1.23 £6.17 -£1.23 £4.37 £1.80
Total daily cost for one trade £38.70 £33.77 £40.93 £34.77 £43.17 £35.77 £40.37 £37.80
Total weekly cost for one trade £60.89 £26.37 £70.52 £27.37 £80.16 £28.37 £66.56 £48.60
Total monthly cost for one trade £145.97 £-1.99 £183.96 £-0.99 £221.95 £0.01 £166.95 £90.00
Total cost of trade held for one year £1,385.14 -£415.05
£1,836.18 -£414.05 £2,287.23 -£413.05 £1,809.23 £873.00

Table is for comparative purposes only and features representative spreads from UK competitors on their websites and platforms, and is correct to the best of our knowledge, as of 23/01/2020 11.00am BST. Trading costs are based on a Bitcoin ($) price of 9,000 and a £1/point trade, representing a total notional volume of £9,000. Plus 500 costs include the cost of reopening trades due to forced expiration dates. Positive numbers imply charges to client accounts; negative numbers imply credit received by clients.

Trade Cryptocurrencies with City Index

Why trade Cryptocurrencies as a CFD?

Take a fresh look at trading Cryptocurrencies as a CFD. You can go long or short and take advantage of the most competitive costs for Cryptocurrency trading. You can also lock in profits and cap losses, managing risks with price alerts and stop losses. No more need for exchanges or wallets as you don’t own the underlying Cryptocurrencies.

Find out more about trading Cryptocurrencies

Trading vs. Owning Cryptocurrency

CFDs Owning Cryptocurrency
Ability to go long - buy and take advantage of rising prices
Ability to go short - sell and take advantage of falling prices
Trade on margin
Trade on volatility - no need to own the asset or have an exchange account
No exchange fees or complicated digital wallets
Lock in profits and cap losses with risk management tools

Based on CFD spreads and financing competitor comparison on 23/01/2020.

Shorting only available on BTC and ETH

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