as a CFD
Trade Bitcoin CFDs with the worlds most popular cryptocurrency
No need for a digital wallet
Get the advantages of Bitcoin’s high volatility without the need for a digital wallet, no requirement to purchase physical Bitcoins and without the risk of digital currency theft.
Apply leverage for higher returns
Trade up to 10 times more Bitcoin than your initial investment.
Comprehensive client support
Our award-winning support team is here to help 24 hours a day, 5 days a week
Unlike physical Bitcoin purchases which carry a 10% GST fee, Bitcoin trading comes with a tax exemption (Australian residents only).
What is Bitcoin?
Known as a “cryptocurrency”, Bitcoin is a form of digital currency. Since it was created in 2009 it has become an increasingly widely accepted form of international currency, used by everyone from governments to small retail outlets. Unlike traditional forms of currency which rely on banks to facilitate transactions, Bitcoin is part of a decentralised online payment network relying on cryptography to pass securely from user to user using Blockchain technology. As a traded currency, Bitcoin works in exactly the same way as any other FX pair.
Why trade a cryptocurrency as a CFD?
Because Bitcoin it is not a centralised currency controlled by a single bank or dominated by interbank dealers, the Bitcoin market moves quickly with retail demand and can be subject to significant price swings. And you don’t need to own any Bitcoins to profit from it - all you need to do is trade on the price movements, meaning you have the potential to profit from either direction.
Is CFD trading regulated?
When trading a volatile cryptocurrency like Bitcoin as a CFD, it’s crucial to choose a reputable and accountable broker for your trades. Help protect your account and reduce your risk by choosing a trusted, respected and fully regulated broker.
Cryptocurrencies like Bitcoin are extremely volatile and can move or jump in price with no apparent reason due to lack of liquidity and adhoc news. There is little or no fundamental reasoning behind its pricing and as such trading CFDs in Bitcoin pose a significant risk to Retail Clients. While Axi only quotes Bitcoin during the week, it can trade over the weekend, meaning there could be a significant price change between Friday and Monday. It should only therefore be traded by those clients with sufficient experience to understand that they risk losing all their investment, or more, in a short period of time, and only a very small part of their portfolio should be used.
Open your account. Trade your edge.
Start your trading journey with a trusted, regulated, multi-award winning broker
Axi is a trading name of AxiTrader Limited (Axi), which is incorporated in St Vincent and the Grenadines, number 25417 BC 2019 by the Registrar of International Business Companies, and registered by the Financial Services Authority, and whose address is Suite 305, Griffith Corporate Centre, PO Box 1510, Beachmont Kingstown, St Vincent and the Grenadines.
Axi is 100% owned by AxiCorp Financial Services Pty Ltd, a company incorporated in Australia (ACN 127 606 348). Over-the-counter derivatives are complex instruments and come with a high risk of losing substantially more than your initial investment rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.
When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. Axi is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website. You should read and understand these documents before applying for any Axi products or services and obtain independent professional advice as necessary.