Bitcoin CFD Pip Value — Important Notes
Bitcoin (BTC/USD) pip values are highly broker-dependent. The pip value shown in the calculator above uses indicative values based on standard CFD conventions. Always verify the exact contract size and tick value in your broker's MT4/MT5 platform (right-click BTC/USD → Specification) before trading.
Most CFD brokers define 1 pip on BTC/USD as $1.00 price movement (not $0.01 as for gold). With a contract size of 1 BTC per lot, 1 pip = $1.00 for a standard lot. At BTC prices above $100,000, daily moves of $2,000–$5,000 are common — meaning 2,000–5,000 pips per day.
| Lot Size | Contract | Pip value (USD, indicative) | Pip value (ZAR @ 18.00) |
|---|---|---|---|
| 0.01 | 0.01 BTC | $0.01 | R0.18 |
| 0.10 | 0.10 BTC | $0.10 | R1.80 |
| 1.00 | 1 BTC | $1.00 | R18.00 |
| Instrument class | Crypto CFD |
|---|---|
| One point | 1 |
| Standard lot | 1 BTC |
| Value of one point per lot | $1.00 |
| Notional value of one lot | — |
| Margin on one lot at 1:30 / 1:100 / 1:500 | — |
The last two rows move with the market and are filled in from the live rate; everything above them is fixed by the contract. Leverage available to you depends on your regulator and account type — check it in the platform before you size a position.
| Currency | Central bank | Policy rate | What moves it |
|---|---|---|---|
| BTC | No issuer | No policy rate | fund flows · liquidity conditions · halving schedule |
| USD | Federal Reserve (Fed) | Federal funds target range | FOMC · CPI · jobs data |
Crypto CFDs quote around the clock, but the book is not the same depth at every hour — the widest spreads sit in the gap between the US close and the Asian open.
BTC/USD and ZAR
Bitcoin's ZAR pip value is the same formula as EUR/USD — but BTC price volatility is several times higher, meaning your ZAR exposure changes dramatically intraday. At $100,000 BTC with USD/ZAR at 18.00: a 1,000-point BTC move (10% price swing) on 0.01 lots = R180. South Africa is one of Africa's largest Bitcoin markets by volume — many SA traders are familiar with BTC from direct crypto ownership and cross over to CFD trading for leverage.
Pip values sourced from ECB reference data (Frankfurter API). Live BTC/ETH prices from CoinGecko. All values are indicative and for educational purposes — not live trading quotes. See full pip value table →
