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Cryptocurrency

IC Markets is pleased to offer Cryptocurrency, the fastest growing and most volatile asset class of the decade.

Unlike other asset classes (FX, Equities, Commodities, etc.), the Cryptocurrency market is dominated by retail speculators. Trade in a market where there is no central bank intervention, interbank dealers controlling order flow or giant pension funds moving prices. 

Price movements on Cryptocurrencies like Bitcoin are driven primarily by news and prevailing sentiment, i.e. the fear and greed of retail speculators. These sometimes dramatic shifts can lead to massive intraday price swings, making Cryptocurrency an exciting product for aggressive and experienced day traders.

 

Advantages of trading Cryptocurrency with IC Markets

 

  • Regulated by ASIC
  • Instant cash settlement of trades in your account currency
  • Go long and short for increased opportunities
  • 1:20 Leverage

 

BitcoinSpecifications
Spreads10.0
Stop Level0 (No minimum Order Distance)
Contract Size1
Minimum Lot Size1 Micro lot (MT4 Volume 0.01)
Maximum Lot Size1 lot (MT4 Volume 1)
Minimum Step1 Micro lot (MT4 Volume 0.01)
Margin Hedge0
Hedging AllowedYes
Scalping AllowedYes
Min Leverage1:1
Max Leverage1:20
Margin Call100%
Stop Out Limit50%
Margin5%
Pending orders are good till CancelledYes

 

Cryptocurrency Trading Hours

IC Markets Trading Hours Page provides further information regarding the Trade timings of our Crypto currencies.