BTCGBP# (Bitcoin / Great Britain Pound) Trading with XM

At XM, we offer BTCGBP# (Bitcoin / Great Britain Pound) as a cash CFD. Our cash CFDs are undated transactions that aim to replicate the cash price of the underlying instrument, and so, are adjusted for interest.

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Risk warning: FX and CFD trading involves a high risk of loss.


Do I need a crypto wallet to trade BTCGBP# at XM?

No, you do not. When trading BTCGBP# at XM, you are in essence speculating on the price movement of BTCGBP# by trading on a BTCGBP# CFD.

You do not need to actually own any cryptos, and therefore you do not need to have a crypto wallet.

Can I short BTCGBP# with XM?

Yes. You can take a buy or sell trade on the BTCGBP# pair or other BTC related pairs which may be offered in the future.

What time is BTCGBP# available for trading?

BTCGBP# is available for trading 24 hours a day, 7 days a week.

Can I trade BTCGBP# on the MT4 and MT5 platforms?

BTCGBP# trading is available on the XM MT4 and MT5 platform. The XM MT4 and MT5 will allow you to trade cryptocurrencies, forex, CFDs on stocks, oil and gold all from 1 trading account.

Trading Conditions

Margin requirement 0.4%
Spread as low as (quote currency) 170.00
Symbols BTCGBP#
Description Bitcoin vs Great Britain Pound
Min. Price Fluctuation 0.01000
Value of Minimum Price Fluctuation 0.01 GBP
Value of 1 lot 1 Bitcoin
Min/Max Trade Size 0.01/30
Swap Value in Margin Currency Long 0
Swap Value in Margin Currency Short 0
Limit and Stop Levels** 0
Volume in Lots Margin (%) Leverage
0-15 0.4 250:1
15-30 2 50:1
30+ 100 1:1
For more information about dynamic margin percentage, please click here.
Weekday 00:00 - 00:00 (GMT +3)
Saturday 00:00-10:05,10:35-00:00 (GMT +3)   │   Sunday 00:00-00:00 (GMT +3)
** Min. level for placing pending orders at a current market price.

How to Start Trading BTCGBP# (Bitcoin / Great Britain Pound)?

Step 1

Open an XM Real Account

Step 2

Download and log in to either the MT4 or MT5 platform

Step 3

Double-click on BTCGBP# (Bitcoin / Great Britain Pound) from the “Market Watch” to open an order for this instrument.

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Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.