Trading Crypto Online

Cryptocurrencies have been an exciting addition to our offering and a highly popular tradable asset. Please see our cryptocurrency contract specifications listed below.   

InstrumentNameMinimum Price FluctuationSize of 1 lotMin trade sizeMax trade sizeAverage Spread in PointsLeverageSwap Long (in points)Swap short (in points)Trading hours (GMT +2)
Instrument:LINKUSDName:ChainlinkMinimum Price Fluctuation:0.01Size of 1 lot:100Min trade size:0.01Max trade size:50Average Spread in Points:252Leverage:2-1Swap Long (in points):-50Swap short (in points):-50Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:XLMUSDName:StellarMinimum Price Fluctuation:0.0001Size of 1 lot:10000Min trade size:0.01Max trade size:50Average Spread in Points:251Leverage:2-1Swap Long (in points):-18Swap short (in points):-18Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:XMRUSDName:MoneroMinimum Price Fluctuation:0.01Size of 1 lot:100Min trade size:0.01Max trade size:50Average Spread in Points:266Leverage:5-1Swap Long (in points):-18Swap short (in points):-18Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:XDGUSDName:DogecoinMinimum Price Fluctuation:0.0001Size of 1 lot:10000Min trade size:0.01Max trade size:50Average Spread in Points:400Leverage:2-1Swap Long (in points):-28Swap short (in points):-28Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:SOLUSDName:SolanaMinimum Price Fluctuation:0.001Size of 1 lot:10Min trade size:0.01Max trade size:20Average Spread in Points:180Leverage:5-1Swap Long (in points):-5000Swap short (in points):-5000Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:BTCUSDName:BitcoinMinimum Price Fluctuation:0.01Size of 1 lot:10Min trade size:0.01Max trade size:10Average Spread in Points:11847Leverage:5-1Swap Long (in points):-6200Swap short (in points):-6200Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:BTCUSDminName:Bitcoin MiniMinimum Price Fluctuation:0.01Size of 1 lot:1Min trade size:0.01Max trade size:10Average Spread in Points:11847Leverage:5-1Swap Long (in points):-8000Swap short (in points):-8000Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:ETHUSDName:EtheriumMinimum Price Fluctuation:0.01Size of 1 lot:10Min trade size:0.01Max trade size:25Average Spread in Points:1081Leverage:5-1Swap Long (in points):-1000Swap short (in points):-1000Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:ETHUSDMinName:Etherium MiniMinimum Price Fluctuation:0.01Size of 1 lot:1Min trade size:0.01Max trade size:25Average Spread in Points:1081Leverage:5-1Swap Long (in points):-1000Swap short (in points):-1000Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:LTCUSDName:LitecoinMinimum Price Fluctuation:0.01Size of 1 lot:100Min trade size:0.01Max trade size:25Average Spread in Points:369Leverage:5-1Swap Long (in points):-100Swap short (in points):-100Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:XRPUSDName:RippleMinimum Price Fluctuation:0.0001Size of 1 lot:10000Min trade size:0.01Max trade size:50Average Spread in Points:159Leverage:5-1Swap Long (in points):-15Swap short (in points):-15Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:BCHUSDName:Bitcoin CashMinimum Price Fluctuation:0.01Size of 1 lot:10Min trade size:0.01Max trade size:25Average Spread in Points:1208Leverage:5-1Swap Long (in points):-400Swap short (in points):-400Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:ADAUSDName:CardanoMinimum Price Fluctuation:0.0001Size of 1 lot:1000Min trade size:0.01Max trade size:50Average Spread in Points:963Leverage:2-1Swap Long (in points):-100Swap short (in points):-100Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:DOTUSDName:PolkadotMinimum Price Fluctuation:0.01Size of 1 lot:100Min trade size:0.01Max trade size:50Average Spread in Points:255Leverage:2-1Swap Long (in points):-50Swap short (in points):-50Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:UNIUSDName:UniswapMinimum Price Fluctuation:0.01Size of 1 lot:100Min trade size:0.01Max trade size:50Average Spread in Points:253Leverage:2-1Swap Long (in points):-50Swap short (in points):-50Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:SHIBUSDTName:Shiba InuMinimum Price Fluctuation:0.00001Size of 1 lot:1000Min trade size:0.01Max trade size:20Average Spread in Points:6.5Leverage:2-1Swap Long (in points):-500Swap short (in points):-500Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:VETUSDName:VetchainMinimum Price Fluctuation:0.00001Size of 1 lot:10000Min trade size:0.01Max trade size:50Average Spread in Points:1003Leverage:2-1Swap Long (in points):-500Swap short (in points):-500Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:TRXUSDName:TronMinimum Price Fluctuation:0.00001Size of 1 lot:10000Min trade size:0.01Max trade size:50Average Spread in Points:402Leverage:2-1Swap Long (in points):-500Swap short (in points):-500Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:XEMUSDName:NameCoinMinimum Price Fluctuation:0.00001Size of 1 lot:10000Min trade size:0.01Max trade size:50Average Spread in Points:820Leverage:2-1Swap Long (in points):-600Swap short (in points):-600Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:THTUSDName:ThetaMinimum Price Fluctuation:0.001Size of 1 lot:1000Min trade size:0.01Max trade size:50Average Spread in Points:201Leverage:2-1Swap Long (in points):-4.5Swap short (in points):-4.5Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:BNBUSDName:Binance CoinMinimum Price Fluctuation:0.00001Size of 1 lot:10Min trade size:0.01Max trade size:50Average Spread in Points:6.5Leverage:5-1Swap Long (in points):-800000Swap short (in points):-800000Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:MATICUSDName:MaticMinimum Price Fluctuation:0.001Size of 1 lot:1000Min trade size:0.01Max trade size:50Average Spread in Points:41Leverage:1-2Swap Long (in points):-15Swap short (in points):-15Trading hours (GMT +2):Mon 00:00- Fri 23:59
Instrument:MANAUSDName:ManaMinimum Price Fluctuation:0.001Size of 1 lot:1000Min trade size:0.01Max trade size:50Average Spread in Points:41Leverage:1-2Swap Long (in points):-15Swap short (in points):-15Trading hours (GMT +2):Mon 00:00- Fri 23:59

What is cryptocurrency trading?

Cryptocurrencies are digital currencies that can be bought through a cryptocurrency exchange and stored in digital wallets on the internet available online.
Bitcoin is the first and most prominent cryptocurrency, however, altcoins such as Litecoin, Ethereum, and Ripple have rapidly grown in popularity recently.

While you can easily buy some Bitcoin through an online crypto exchange, it’s a time-consuming process that requires accounts with different exchanges and online wallet services as well as converting your local currency to Bitcoin and vice versa.

Trading cryptocurrency CFDs, however, is a much more user-friendly method of gaining access to the profit potential offered by the cryptocurrency markets since it only requires a trading account and a low initial deposit to get started.

In fact, traders in cryptocurrency CFDs also have the option of buying when crypto prices are going up as well as selling when the prices are dropping and making a profit in both market directions. Whereas simply owning Bitcoin only benefits owners when prices are rising.

Cryptocurrency trading advantages

  • Highly volatile market with countless opportunities
  • No need for currency exchange or digital wallets
  • Higher profit potential with 5:1 leverage

What affects the value of cryptocurrencies?

Cryptocurrencies are traded on a peer-to-peer decentralized network and as such, they are not affected by the same external forces as fiat currencies. For example, cryptocurrency is exempt from central banks and their monetary policy and interest rate decisions.

 

However, investor sentiment and market confidence in the mainstream adoption of cryptocurrencies plays a key role in the valuation of Bitcoin and other altcoins.

 

Altcoins such as Ethereum, Litecoin and Ripple themselves are correlated with Bitcoin which effectively means that they mirror Bitcoin price movements quite faithfully – when the value of Bitcoin goes up, so does the value of all the altcoins.

 

Therefore, even if you are not interested in trading Bitcoin and want to focus on the smaller cryptocurrencies, you should keep abreast of any market developments that may affect the price of Bitcoin.

MORE INFO:

Explanation of Terms from Table headings

Instrument– The underlying asset of the CFD product to be traded.

Standard Contract size– The lot size traded on each platform (Note: CMTrading in MT4 represents the standard lot size).

Standard Spread– The difference between the BID & the ASK price quote for each instrument under normal market conditions per lot.

Margin Per Lot– The required margin to open a single lot of each instrument (Note: It is shown in notional terms).

Overnight Interest Sell/Buy– The overnight interest debited/credited in daily % terms for each instrument.

Trading Hours– The time that trading is available for the specified instrument.

Risk Warning:
Trading CFDs on margin carries a high level of risk and may not be suitable for all investors.

Crypto Currencies:

BTCUSD, ETHEREUM, LITECOIN, XRP(RIPPLE) – Trading is 24/7 for MetaTrader accounts.

All Cryptocurrency has USD underlying asset

Cryptocurrency spreads can be volatile and depend on current market conditions.

Margin Requirements on Crypto pairs may increase during periods of volatility.

Margin requirements:

Example for minimum trade size

Formula     = (number of lots * contract price * contract size)/leverage 

AssetCurrent PriceContract SizeLeverageMin trade SizeMargin requirement
Asset:BTCUSDCurrent Price:56690Contract Size:10Leverage:5-1Min trade Size:0.01Margin requirement: $1,133.80
Asset:BTCUSDminCurrent Price:56690Contract Size:1Leverage:5-1Min trade Size:0.01Margin requirement:$113.38
Asset:ETHUSDCurrent Price:4306Contract Size:10Leverage:5-1Min trade Size:0.01Margin requirement:$86.12
Asset:ETHUSDMinCurrent Price:4306Contract Size:1Leverage:5-1Min trade Size:0.01Margin requirement:$8.61
Asset:LTCUSDCurrent Price:196.23Contract Size:100Leverage:5-1Min trade Size:0.01Margin requirement:$39.25
Asset:XRPUSDCurrent Price:0.9796Contract Size:10000Leverage:5-1Min trade Size:0.01Margin requirement:$19.59
Asset:ADAUSDCurrent Price:2.14Contract Size:1000Leverage:2-1Min trade Size:0.01Margin requirement:$10.70
Asset:DOTUSDCurrent Price:41.75Contract Size:100Leverage:2-1Min trade Size:0.01Margin requirement:$20.88
Asset:UNIUSDCurrent Price:25.04Contract Size:100Leverage:2-1Min trade Size:0.01Margin requirement:$12.52
Asset:BCHUSDCurrent Price:607Contract Size:10Leverage:2-1Min trade Size:0.01Margin requirement:$30.35
Asset:LINKUSDCurrent Price:25.41Contract Size:100Leverage:2-1Min trade Size:0.01Margin requirement:$12.71
Asset:XLMUSDCurrent Price:0.38Contract Size:10000Leverage:2-1Min trade Size:0.01Margin requirement:$19.00
Asset:XMRUSDCurrent Price:259Contract Size:100Leverage:5-1Min trade Size:0.01Margin requirement:$51.80
Asset:XDGUSDCurrent Price:0.23Contract Size:10000Leverage:2-1Min trade Size:0.01Margin requirement:$11.50
Asset:SOLUSDCurrent Price:158Contract Size:10Leverage:5-1Min trade Size:0.01Margin requirement:$3.16
Asset:SHIBUSDT*Current Price:3.859Contract Size:1000Leverage:2-1Min trade Size:0.01Margin requirement:$19.30
Asset:VETUSDCurrent Price:0.11009Contract Size:10000Leverage:2-1Min trade Size:0.01Margin requirement:$5.50
Asset:TRXUSDCurrent Price:0.09252Contract Size:10000Leverage:2-1Min trade Size:0.01Margin requirement:$4.63
Asset:XEMUSDCurrent Price:0.1635Contract Size:10000Leverage:2-1Min trade Size:0.01Margin requirement:$8.18
Asset:THTUSDCurrent Price:6.29Contract Size:1000Leverage:2-1Min trade Size:0.01Margin requirement:$31.45
Asset:BNBUSDCurrent Price:610.3Contract Size:10Leverage:5-1Min trade Size:0.01Margin requirement:$12.21

* SHIBA INU price is multiplied by 1 million

Individual Cryptos Buy/Sell Overnight Interest Calculation:

The Individual Cryptos Trading Conditions display the Over-Night Interest Rates Charged/Paid on a daily basis for holding a position open past the End of Day time. These are displayed in the “Overnight Interest – Buy” and “Overnight Interest – Sell” columns. End of Day is 22:00 GMT except during Daylight Savings when it changes to 21:00 GMT. 

You can use the following formula to calculate your Daily Overnight Interest amount: 

Swap calculation = No Of nights * Swap (buy or sell) *No of Lots*Point value 

Example of Swap for minimum trade size

Formula

No Of nights * Swap (buy or sell) *No of Lots*Point value

Point value = Contract size *No of Decimals in the Pair.

AssetSwap LongMin trade SizeContract sizePoint valueSwap for 1 night
Asset:BTCUSDSwap Long:6200Min trade Size:0.01Contract size:10Point value:0.1Swap for 1 night:$6.20
Asset:BTCUSDminSwap Long:8000Min trade Size:0.01Contract size:1Point value:0.01Swap for 1 night:$0.80
Asset:ETHUSDSwap Long:1000Min trade Size:0.01Contract size:10Point value:0.1Swap for 1 night:$1.00
Asset:ETHUSDMinSwap Long:1000Min trade Size:0.01Contract size:1Point value:0.01Swap for 1 night:$0.10
Asset:LTCUSDSwap Long:100Min trade Size:0.01Contract size:100Point value:1Swap for 1 night:$1.00
Asset:XRPUSDSwap Long:15Min trade Size:0.01Contract size:10000Point value:1Swap for 1 night:$0.15
Asset:ADAUSDSwap Long:100Min trade Size:0.01Contract size:1000Point value:0.1Swap for 1 night:$0.10
Asset:DOTUSDSwap Long:50Min trade Size:0.01Contract size:100Point value:1Swap for 1 night:$0.50
Asset:UNIUSDSwap Long:50Min trade Size:0.01Contract size:100Point value:1Swap for 1 night:$0.50
Asset:BCHUSDSwap Long:400Min trade Size:0.01Contract size:10Point value:0.1Swap for 1 night:$0.40
Asset:LINKUSDSwap Long:50Min trade Size:0.01Contract size:100Point value:1Swap for 1 night:$0.50
Asset:XLMUSDSwap Long:18Min trade Size:0.01Contract size:10000Point value:1Swap for 1 night:$0.18
Asset:XMRUSDSwap Long:18Min trade Size:0.01Contract size:100Point value:1Swap for 1 night:$0.18
Asset:XDGUSDSwap Long:28Min trade Size:0.01Contract size:10000Point value:1Swap for 1 night:$0.28
Asset:SOLUSDSwap Long:5000Min trade Size:0.01Contract size:10Point value:0.01Swap for 1 night:$0.50
Asset:SHIBUSDTSwap Long:500Min trade Size:0.01Contract size:1000Point value:0.01Swap for 1 night:$0.05
Asset:VETUSDSwap Long:500Min trade Size:0.01Contract size:10000Point value:0.1Swap for 1 night:$0.50
Asset:TRXUSDSwap Long:500Min trade Size:0.01Contract size:10000Point value:0.1Swap for 1 night:$0.50
Asset:XEMUSDSwap Long:600Min trade Size:0.01Contract size:10000Point value:0.1Swap for 1 night:$0.60
Asset:THTUSDSwap Long:45Min trade Size:0.01Contract size:1000Point value:1Swap for 1 night:$0.45
Asset:BNBUSDSwap Long:800000Min trade Size:0.01Contract size:10Point value:0.0001Swap for 1 night:$0.80

Did you know?

While financial regulators have denounced Bitcoin and cryptocurrencies as a viable currencies, several tech giants and financial institutions are trying to utilize the technology behind Bitcoin to improve their own offerings and optimize their internal processes.

Companies such as Microsoft, JPMorgan Chase, and Mastercard are just a few brands that have launched their in-house cryptocurrency projects, and this has sparked renewed interest in the cryptocurrency sphere.

CMTrading offers you the most powerful trading tools to help you become the best trader you can be.