77% of retail investor accounts lose money when trading CFDs with this provider.
76% of retail investor accounts lose money when trading CFDs with this provider.
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TRADING BITCOIN
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Want To Make Money Trading Bitcoin? Great, Here’s How

Bitcoin has slammed full force into financial markets around the world in the last few years, as it’s seen some massive price movements. Unsurprisingly, that has attracted attention of many novice and professional traders who wish to take the leading cryptocurrency by the horns, and make a profit on its rising exchange rate. On a larger scale, the demand for all sorts of decentralized currencies continues to outpace supply, with the market increasing from $5 to $10 billion in 2016 alone. Could Bitcoin – which makes up 90% of that market – be on its way towards an unstoppable climb? Just last week its exchange rate surged past $1,137, reaching within $30 of its all-time high of $1,165.89, set in November 2013. What everyone’s talking about is no longer, “When will it end?”, but rather, “How to get in on the action?”

A Thousand Dollar Run

Bitcoin, the world’s first web-based currency was introduced by Satoshi Nakamoto, the believed-to-be originator of the cryptocurrency, on 31 October 2008 to a mailing list devoted to cryptographic technology, and was released as an open-source software for Windows on 9 January 2009. The first real-world transaction using Bitcoins took place in Jacksonville, Florida in the beginning of 2010 when a programmer offered to pay 10,000 Bitcoins for a pizza on the Bitcoin Forum. Bitcoin’s exchange rate at the time put the purchase price for the thin bread at around $25. In the following 4 years, as more businesses started to accept the new payment method, Bitcoin made its first major rise to fame, climbing from a handful of coins to over 5 million.

The buzz for Bitcoin remains on a high pitch ever since; its market cap has gone from $1 million in November 2010 to $15.9 billion in December 2013. Though the digital currency has also seen some record lows – for example, a hack in 2013 on Mt. Gox, the world’s biggest virtual exchange, saw it plunge beneath $400 – its price has stayed rather stable in the last two years. Bitcoin kicked off 2017 by passing $1,000, having outperformed all central-bank-issued currencies with a 125% climb in 2016.

Knowing Where To Trade

Opening a trading position on Bitcoin can be performed in two ways. You can trade the currency on one of Bitcoin’s online exchanges, or you can trade Bitcoin derivatives in the form of a contract for difference (CFD) via an electronic, fast-execution trading platform. There are a few major advantages to CFD trading on Bitcoin:

  • Affordable and simple: Lower commissions and intuitive trading platforms.
  • The power of leverage (typically 1:10): To buy 1 Bitcoin worth more than $1,000, you only need $150 in your trading account.
  • 24/5 availability: Around-the-clock trading opportunities.
  • Short trading: Ability to ‘Sell’ the asset even when you’re not holding it. This, in the hope that its price will go down.

Bitcoin CFDs are offered by online brokers such as Fortrade Ltd.

Bitcoin's Up, But It Can Also Go Down

Trading Bitcoin CFDs with Fortrade’s online trading platform, as is the case with any other instrument, occurs in the form of a Buy (Long), or Sell (Short) position, according to the direction you believe it will go. In either case, your position remains open until an opposing trade (i.e. closing of the trading position) takes place. Do note that there is no such thing as a trading strategy that never results in losses. It is therefore increasingly important to concentrate on the financial information, news and insight around the digital currency, and it is strongly recommended that you develop your own trading plan, strategy and objectives – and stick to them. If you feel ready to start trading in Bitcoin, click the link below, and follow the simple procedure for opening an account.

Trade Bitcoin With Fortrade – Open FREE Account Today
Please note: Trading CFDs carries a high level of risk. Your capital is at risk.
For general information only. Not intended to provide investment or trading advice.
Risk Warning and Disclaimer
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 trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Be aware, as a retail client you can lose all, but not more than the balance of your trading account due to Fortrade’s negative balance protection. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CFDs and margin FX are leveraged products that carry a high level of risk to your capital. You should only trade with money you can afford to lose. Be Aware: You can lose all, but not more than the balance of your Trading Account. You do not own, or have any rights to, the underlying assets. Past performance is no guarantee of future performance. This information is intended to be general in nature and is not financial product advice. Any advice contained on this website or provided to you by Fort Securities Australia Pty Ltd is general advice only and has been prepared without considering your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. We encourage you to obtain independent financial advice and consider our Financial Services Guide (FSG), Product Disclosure Statement (PDS) and Target Market Determination (TMD) to determine if this product is suitable for you before deciding to enter into or obtain any financial products issued by us. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.
CFDs are complex and highly speculative instruments, which come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your invested capital. Be Aware: You can lose all, but not more than the balance of your Trading Account.
76% of retail investor accounts lose money when trading CFDs with this provider. These products may not be suitable for all clients, therefore ensure, that you understand the risks and seek independent advice.

Should you proceed with investment in CFDs on virtual currencies, please note, that the values are highly volatile and may result in a significant loss for a short period of time.

This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Fortrade Authorised and Regulated Centers:

Fortrade Ltd., 43-45 Dorset Street, London, W1U 7NA, London, United Kingdom.
Office: Michelin House, 81 Fulham Road, London. SW3 6RD.
Authorised and regulated in UK by the Financial Conduct Authority (FCA), FRN: 609970.
Fortrade Mauritius Ltd. The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Republic of Mauritius.
Authorised and regulated by Financial Services Commission, Mauritius (FSC), SEC-2.1B investment dealer number: GB21026472.
Fortrade Canada Limited, 1200 Waterfront Centre, 200 Burrard Street, P.O. Box 48600, Vancouver BC V7X 1T2, Canada.
Regulated by the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). CRN: BC1148613.
Fort Securities Australia Pty Ltd. (T/A Fortrade Australia), Level 5, 20 Bond Street, Sydney NSW 2000.
Licensed and regulated by the Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520.
Fortrade Cyprus Ltd, Office 302, Abbey Tower, Block A, 34, Kosta Partasides Street, 3030 Limassol, Cyprus.
Regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20.
Fortrade Cyprus Ltd, Branch in Madrid, Spain. CNMV Registration No. 158.
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