Cryptocurrency CFDs
Cryptocurrency CFD is a Contract for Difference on the cryptocurrencies and allows traders to speculate on the price movements of the underlying cryptocurrency without acquiring any ownership of the underlying.
At CGSI, we offer CFDs on 3 major cryptocurrencies (Bitcoin, Ethereum & Lite coin). Refer to table below for more details.
Cryptocurrency Trading Hours (06:00 - 04:00) + 8 GMT (Monday to Saturday).
Cryptocurrency CFD Product List
Symbol | Quote Currency* | Min Spread ($) * | Margin * | Min. Trade Size | Order Types |
BTCUSD.IXC | USD | 75 | 51% | 1 |
Price Instruction:
Lifetime Instruction:
CO Orders:
|
ETHUSD.IXC | USD | 5.25 | 55% | 1 | |
LTCUSD.IXC | USD | 0.5 | 51% | 1 |
* Hover over table heading to get more details
Risk Warning
Cryptocurrencies and their derivatives are not suitable for most retail investors as they tend to have little or no intrinsic value, are difficult to value and exhibit high volatility. You should carefully consider whether trading in CX is appropriate for you in the light of your experience, objectives, financial resources, and other relevant circumstances. You should not trade in CX if you do not understand the product or are not comfortable with the accompanying risks. Refer tohttps://cfd.cgsi.com.sg/CryptoFXCFDRiskWarning.htmlfor more details.
To access to Cryptocurrency CFD watchlist. Just type in /CFDCRYPTO in your quote screen. However, if CFD Crypto is not available in your trading platform margin table, please contact your trading representative or email us at sg.cfdquery@cgsi.com for assistance. To be able to trade cryptocurrency CFD, clients will need to acknowledge the risk disclosure prior to accessing the website as it is MAS requirement. If you fail to acknowledge the risk disclosure, please contact us at +65 6210 8882 or email in to sg.cfdquery@cgsi.com