Is cryptocurrency trading available?
Quick answer
Yes. Bitcoin and Ether against the US dollar (BTC/USD and ETH/USD) are available in the default feed, with one lot equal to one coin. Firms can include crypto in a rule set's allowed instruments, cap its leverage separately, or keep it for a dedicated account type.
Detailed answer
Crypto behaves differently from other instruments, which affects rule design.
Key differences
- Trading hours: crypto trades through weekends, while forex and indices pause.
- Volatility: larger percentage moves than most forex pairs.
- Contract size: 1 lot = 1 coin, so a $1,000 move in Bitcoin is $1,000 per lot.
Rule considerations
- Leverage: the leverage by asset class rule defaults crypto to 1:2, adjustable.
- Weekend holding: a no weekend holding rule has a Friday cutoff; crypto positions held over the weekend keep moving.
- Daily loss resets: days roll at 00:00 UTC regardless of crypto's continuous trading.
Chart history
Bitcoin history on the chart goes back to 2015, giving traders long-term context.
Offering crypto
Many firms offer crypto on a separate account type with its own rules, so standard forex challenges are unaffected. On PropExecutor that is one more account type pointing at a rule set with crypto in its allowed instruments.
PropExecutor team · Updated
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