Bok Chain
Crypto CFDs

Crypto CFDs

A CFD on BTC/USD settles in cash and never touches a wallet — what that changes, and what it costs.

depositYour methodcard, bank or walletThe brokerfunds held by the entityTrading accountmargin and openpositionswithdrawal returns the same waySame name, same methodThis is the rule at everyregulated broker, not aFxPro policy.
A CFD settles in cash: the coin never moves, and neither does a wallet. This is the route the money takes instead.

What a crypto CFD is, and what it is not

A CFD on BTC/USD is a contract with your broker that settles in cash. You never hold a coin, there is no wallet, no private key and no exchange account, and you cannot send what you bought anywhere. What you own is the price difference.

That cuts both ways. Custody risk disappears, and in exchange you take on the broker as counterparty, margin, and an overnight charge for every night the position stays open.

Leverage is the part that decides the outcome

BTC/USD can travel in a day what a metal travels in a month, so the leverage you pick is not a detail — it sets how far the market may go against you before the position is closed for you.

Work the two numbers out before you open anything: the margin locked by the size you want with the margin calculator, and the size that fits your stop with position size.

What this page will not do

It will not forecast a coin, rank exchanges, or print a spread table. Crypto spreads move with the hour and the venue, and a figure copied from somewhere else is the least reliable number on any page of this kind.

Where a figure appears here it comes from a broker document and carries the date we read it. The rest is the arithmetic of position size, which is yours to do and ours to make easy.

Ready when your numbers are

Trade BTC/USD with FxPro

FxPro offers MT4, MT5, cTrader and FxPro Edge for bitcoin trading, with local card, bank transfer and e-wallet funding in rand. Check which FxPro entity your account is opened with before you deposit.

Trade bitcoin with FxPro →
FAQ

Common questions

Do I own any bitcoin when I trade a bitcoin CFD?

No. A bitcoin CFD is a contract on the price of BTC/USD, so no coins move to a wallet and there is nothing to custody. You settle the difference between entry and exit price, less costs. That removes wallet and key risk but replaces it with leverage risk and the possibility of losing more than a small deposit quickly.

How does leverage work on a crypto CFD?

Leverage lets you control a larger position than your deposit covers, with the broker holding margin against it. At up to 1:200 for retail, a 0.10-lot bitcoin position needs about $385.00 margin. It is a cap rather than a target, and using it fully means a modest adverse move can consume most of your deposit.

What does a bitcoin CFD position cost me?

Your cost consists of the spread on entry and exit, any commission the account type carries, and financing if you hold the position overnight. We cannot quote those figures because they depend on the broker's schedule and your account. Read the broker's own cost document and model the total before trading.

Can I short bitcoin with a CFD, and what does that change?

Yes, a CFD lets you take a position that profits if BTC/USD falls, which is not possible with plain coin ownership. What changes is the risk profile: short positions face the same leverage and financing costs, and sharp upward moves can be as damaging as crashes are to longs. Size both directions identically.

How should I convert my rand risk into a BTC/USD lot size?

Set the rand amount you can lose, convert it to dollars at the prevailing rate, then divide by the stop distance in pips, remembering that one pip is 1.0 and one lot is 1 BTC. Our position size and margin calculators handle the arithmetic, so the rand figure you started with stays the real constraint on the trade.