Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.


Spread bet or trade CFDs on popular cryptocurrencies, including
bitcoin, ethereum and litecoin, as well as our unique range of
crypto indices. These are high-risk speculative products. High volatility
combined with leverage could lead to significant losses.

  • 300,000 clients globally
  • No minimum deposit
  • Free sign-up

Why trade on cryptocurrencies with us?

There are a number of benefits to becoming a crypto trader with us.

Tax-efficient trading1

There’s no capital gains tax on profits from crypto spread bets and no stamp duty to pay when trading CFDs.

Go long or short2

Take a long or short position on your chosen cryptocurrency, and trade on rising or falling prices.3

Trade with leverage

Deposit 50% of the full value of your position to open a crypto trade.4

A regulated provider

CMC Markets Germany GmbH is a company authorised and regulated by the German Federal Financial Supervisory Authority (BaFin) under registration number 154814.

Established company

Easily deposit or withdraw funds, and avoid the worry and hassle of dealing with an unfamiliar cryptocurrency exchange.

Award-winning support5

Speak to a member of our Client Management team 24 hours a day, from Sunday evening through to Friday evening.

1Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.
2Please note, we may, at our sole discretion, restrict your ability to go long or short.
3Learn more about cryptocurrency risks
4When trading using margin any losses will reflect the full value of the position.
5Awarded Best Telephone Customer Service & Best Email Customer Service, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2019 UK Leverage Trading Report.

Giving crypto traders an edge

Continued investment in our HTML5 platform and mobile apps has been recognised through a number of industry awards, including Best Platform Features and Best Mobile/Tablet App, among spread betters, CFD and FX traders, in the 2019 Investment Trends UK Leverage Trading Report.​

What are cryptocurrencies?

If you’re new to trading on cryptos, take a look at some of our helpful articles to get a better idea of what cryptocurrencies are and how they work.

What are cryptocurrencies?

Cryptocurrency trade examples

Spread bet on cryptocurrencies

Trade CFDs on cryptocurrencies

Your questions answered

Learn more about trading cryptocurrencies with CMC Markets. Can’t find what you’re looking for? Get in touch

Pricing and costs

How much does it cost to open an account?

There’s no cost when opening a live account. You can also view prices and use tools such as charts, Reuters news or Morningstar quantitative equity reports free of charge. You’ll need to deposit funds in your account to place a trade.

View the full list of cryptocurrencies on the platform

What is the minimum trade size on cryptocurrencies?

You can spread bet from £0.10/point on NEO, £0.05/point on bitcoin and £1/point on ethereum. You can see the minimum trade size for all instruments on the platform, in the ‘Product Overview’ under ‘Betting and Position Limits’.

What are the costs of trading on cryptocurrencies?

There are a number of costs to consider when spread betting or trading CFDs on cryptocurrencies, including spread costs, holding costs (for trades held overnight – this is essentially a fee for the funds we ‘lend you’ to cover the leveraged portion of the trade), rollover costs and guaranteed stop-loss order charges (if you use this risk-management tool).

The spread is the key cost involved in spread betting, and is the difference between the buy and sell price of an instrument. The narrower the spread, the better value you receive, because the market only has to move slightly in your favour to offer the possibility of a profit on your trade.

Some trades held open past the end of the trading day (5pm, New York time) are subject to overnight holding costs, which can be positive or negative depending on your trade direction and the applicable holding rate. Daily holding costs for Bitcoin/USD are charged at 0.0959% on long positions, and paid at 0.0274% on short positions. Overnight holding costs for most other cryptocurrencies are charged at 0.0753% on long positions, and paid at 0.0274% on short positions.

Learn more

What are your margin rates on cryptocurrencies?

Margin rates on cryptocurrencies start from 50%. Margin rates show the percentage of the total trade value that you need to put forward to open a position.

Products and accounts

What the risks of trading on cryptocurrencies?

Cryptocurrencies can be particularly susceptible to volatility, so it’s important to understand the risks before you start trading. Learn more about the risks involved in trading on cryptocurrencies.

Why spread betting?

Spread betting allows you to trade tax-free on a wide range of financial markets 24 hours a day, from Sunday nights through to Friday nights. Trade on your phone, tablet, PC or Mac on a wide range of instruments using leverage. Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.

What is leveraged trading?

One of the advantages of spread betting is that you only need to deposit a percentage of the full value of your position to open a trade, known as trading on leverage. Remember, trading on leverage can also amplify losses, so it’s important to manage your risk. Learn more

Is CMC Markets regulated?

CMC Markets Germany GmbH is a broker regulated by the German Federal Financial Supervisory Authority (BaFin). We are therefore bound by strict legal requirements. These determine the way we conduct our business and include an obligation to deal fairly with clients. So you always know exactly where you stand.

How does CMC Markets protect client funds?

CMC Markets Germany GmbH is a company authorised and regulated by the German Federal Financial Supervisory Authority (BaFin). CMC Markets complies with the requirements of §84 of the German Securities Trading Act (WpHG) regarding client funds. It holds funds of private clients separately from its own funds in separate bank accounts. In the unlikely event that CMC Markets Germany GmbH is unable to meet its financial obligations, the EdW would cover any claim for damages by claimants up to EUR 20,000, provided that certain criteria are met.

What can I trade?

You can spread bet or trade CFDs on 12 individual cryptocurrencies including bitcoin, bitcoin cash, ethereum, litecoin and ripple, plus a number of other alternative coins. You can also trade on one of our three custom crypto indices, which offer you the opportunity to take a view on a basket of cryptos in one trade. Our crypto indices are All Crypto Index, Major Crypto Index and Emerging Crypto Index.

In addition to digital currencies, you can also trade on a huge range of other markets:

300+ forex pairs – EUR/GBP, EUR/USD, AUD/USD, GBP/USD, USD/JPY and more
80+ indices – UK 100, Germany 40, US 30, US SPX 500, Australia 200 and more
100+ commodities – including Gold, Brent and West Texas crude oil, Silver, Natural Gas
9,000+ shares – Apple, Netflix, Lloyds, Rio Tinto, BP, Tesco, Amazon, Google and more
50+ treasuries – including UK Gilt, Euro Bund, Euribor, US T-Bond, US T-Note 10 YR

View the full list on the platform

Do you offer a demo account?

If you want to try trading on cryptocurrencies risk-free, you can open a demo account now with just your email address and a password.

How to start trading on cryptocurrencies

  • 1


    Complete and submit our straightforward online application form. Apply now

  • 2


    Deposit funds with a debit card, PayPal or bank transfer.

  • 3


    Once you’ve funded your new account, you’re ready to start trading.

Ready to trade on cryptocurrencies?

No minimum deposit • Or try a FREE demo

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Markets to trade

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Developing your trading skills

Access free trading webinars, platform guides, advanced trading strategies and more.

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Breaking news & analysis

Get the latest economic news and analysis from our global market experts.

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*A minimum spread is the lowest spread that will be shown on the given instrument. If the underlying market spread widens throughout the trading day, or you are trading out of hours, the platform spread may also widen. The spreads shown are for the first price available for the average market trade/bet sizes in the relevant instrument. The spread will widen for larger trade/bet sizes; see our platform for more information.

**Spreads, commissions and margins (as applicable) are provided for information only. Please refer to the product overview area of our trading platform for the most up-to-date information including trading hours and spreads.