Bitcoin might seem complicated, but trading it with us is straightforward. All you have to do is fund your MT4 FOREX account and trade Bitcoin alongside currency pairs, commodities or indices. You can trade long or short and be as flexible as you want. You won't own the Bitcoin you're trading, but rather a Contract for Difference (CFD) based on the price. Bitcoin isn’t regulated by a central bank and it’s also quite scarce, meaning it can be prone to huge price swings. It can jump and fall thousands of pips in a single trading session, but with the right risk management, you can take advantage Add Bitcoin to your MT4 watchlist today and join one of the world’s most popular and exciting markets.
This table gives an indication of the lot sizes and trading hours of our bitcoin.
|Instrument||Platform Symbol||Size||Currency||Profit currency|
Example of how to calculate Margin Requirement of a BTCUSD
If a client decides to open a trade, 1 lot of Bitcoin US dollar at 11,735.00, the margin required for this trade will be:
Lot = 1
Contract size = 1
Market price = 11,735.00
Leverage 1:5 → Percentage = 20
Margin Requested = (Lots* Contract Size * Market Price * Percentage / 100)
= ( 1 * 1 * 11,735.00 * 20 / 100)
Example of how to calculate PnL of a BTCUSD trade
If a client BUYS 1 lot of Bitcoin US dollar at 11,735.00 and closes the position at 11,758.00, the Profit or Loss will be:Lot = 1
If a client SELLS 1 lot of Bitcoin US dollar at 11,735.00 and closes the position at 11,758.00, the Profit/Loss will be:Profit/Loss = [ (Close Price – Open Price) * Contract Size * lots) ]