Volatility against the daily limit
Crypto instruments can move several percent in an hour. On a $100,000 Instant account the whole day's allowance is $3,000, and floating losses count while the position is open.
The rule in full →Instruments
Crypto on afunded account.
Cryptocurrency instruments can be traded on every GFN programme where they are available on the platform. They are contracts on the price, not coins, and GFN notes their trading hours and leverage may differ from other classes. Volatility makes the daily loss limit - 3% on Instant, 5% elsewhere - the binding rule.
What GFN offers
Cryptoon a GFN account
GFN's answer: where cryptocurrency instruments are available on the platform, yes - and trading hours and leverage may differ from other asset classes. Even crypto-based CFD products can carry platform-specific schedules, so they are not necessarily open around the clock.
- Contracts tracking the largest cryptocurrencies against the dollar, where offered
- Price exposure only - no wallet, no custody and no coin delivered
- Hours set by the instrument's schedule on your account, which may not be 24/7
Source: Can I trade cryptocurrencies? The live instrument list and each instrument’s specification belong to your account.
- Leverage
- Up to 1:50
A ceiling. Crypto instruments can carry lower leverage, and often do.
- Commission
- $7 per lot round turn
$3.50 per side, $7 per lot round turn, charged on the simulated account.
- Minimum hold time
- 2 minutes
Every trade, every programme, evaluation and funded stages.
- Daily loss limit
- 3% / 5% / 5%
Instant / 1 Step / 2 Step. The same figure whatever you trade.
- Account access
- Desktop, web browser and mobile
Login details issued on purchase.
The rules that bite
Where this classmeets the rules
The limits are the same on every instrument. What changes is which of them an instrument reaches first.
Hours are the instrument's, not the coin's
The underlying coin trades continuously, but the instrument on your account keeps its own schedule. A position held into a closed period carries a gap when it reopens.
The rule in full →Lower leverage binds sooner
Up to 1:50 is a ceiling. Crypto instruments often carry less, so margin limits a position before the risk limits do.
The rule in full →Weekend holding
Overnight and weekend holding are permitted where the account type and the underlying market allow. Weekend gaps, spread changes and market closures remain the trader's risk, and a gap can trigger a drawdown breach.
The rule in full →Programme
Daily loss limit
Max drawdown
Instant
3% ($3,000 on $100,000)
5%, trailing
1 Step
5% ($5,000 on $100,000)
8%, trailing, locks at starting balance
2 Step
5% ($5,000 on $100,000)
8%, non-trailing
Sessions and hours
When it trades,and when it costs more
Check the instrument schedule
GFN notes crypto CFD products may have platform-specific trading schedules. The instrument information on your account is the only reliable source.
Weekend moves in the underlying
Coins keep trading when other markets close. If your instrument does not, the weekend's move arrives as a gap on the reopen.
Thin liquidity off-peak
Spreads on crypto instruments widen outside the busiest hours, and fills slip further than on major forex pairs.
Risk considerations
What to sizearound
Range per session
A crypto instrument can cover in an hour what a major pair covers in a week. Size from the instrument's own volatility.
Financing on held positions
A contract carries financing while open, so a long-held crypto position pays for the exposure over time and that cost reduces equity.
Headline risk
Crypto reacts to regulatory and exchange news outside any economic calendar, so the news window does not cover every shock.
Worked example
A crypto swing against the tightest limit
A $100,000 Instant account with $50,000 of notional exposure to a crypto instrument.
- Daily loss limit
- $3,000
3% of $100,000.
- A 6% adverse move
- $3,000
Not unusual in a single session.
- Result
- Limit reached
At half the account's balance in notional.
- On 1 Step
- 60% of the day
Against $5,000.
Notional exposure, not lot count, is the right way to size crypto against a daily limit.
Questions traders ask
Can I trade cryptocurrencies?
Where cryptocurrency instruments are available on the platform, yes.
Are all markets open 24/7?
No. Different markets operate different hours.
Is leverage the same for every instrument?
No. Forex, metals, indices, commodities and cryptocurrencies can have different leverage requirements.
Can I hold trades over the weekend?
Where permitted by your specific account type, yes.
Does slippage excuse a breach?
No. Traders are responsible for managing their position sizing with enough room for changing market conditions.
Terms on this page
Cryptocurrency
Digital assets traded around the clock, offered on most retail platforms as contracts for difference rather than as the asset itself. Volatility is high and it does not pause for a weekend.
Bitcoin CFD
A contract for difference tracking the price of bitcoin. It gives exposure to the price move without holding the asset, with no wallet, no custody and no settlement in the coin itself.
Contract for difference
An agreement to exchange the difference in an instrument's price between opening and closing a position. It gives exposure to the move without ownership of the underlying asset.
Swap
The financing charge or credit applied to a position held past the daily rollover. It reflects the interest rate difference between the two sides of the pair and can be positive or negative.
Market close
The end of a trading session for an instrument. Positions held through a close carry gap risk into the next open, and spreads typically widen into the final minutes as liquidity leaves.
Leverage
The ratio between the notional size of a position and the margin required to hold it. At 1:50, $2,000 of margin supports a $100,000 position - it changes what you can open, not what you may lose.
Slippage
The difference between the price requested and the price filled. It appears when the market moves between order and execution, and it is most pronounced around news and at thin points in the session.
Other instruments
Forex
Forex on a simulated GFN account at up to 1:50, $7 per lot round turn. The news, hold-time and daily-limit rules that matter most for FX.
Gold and metals
Gold and metals on a simulated GFN account: leverage up to 1:50, $7 per lot round turn, and the rules that bite hardest on XAUUSD.
Indices
Indices on a simulated GFN account, where available: session hours, leverage up to 1:50, and the market-open and news rules.
Commodities and oil
Oil and other commodities on a simulated GFN account, where available: leverage up to 1:50, $7 per lot round turn, gap and news rules.
Ready when you are
Your capital stays yours.The risk is ours.
One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.
No subscriptions or hidden fees
Payouts every 14 days
$400,000 max total allocation