Current BTCUSD specification

Course context: This lesson belongs to a practical beginner curriculum for Pakistan.
| Item | BTCUSD | Beginner meaning |
|---|---|---|
| Contract size | 1 BTC per lot | 0.01 lot gives 0.01 BTC price exposure |
| Minimum volume | 0.01 lot | Smallest standard BTCUSD order |
| Pip size | 0.1 | Used for platform price-change calculation |
| Fixed margin | 0.25% / 1:400 | Account leverage setting does not override it |
| HMR | 0.5% / 1:200 | More margin can be required |
| Swap schedule | Triple on Friday | Check holidays and account status |
Three scenarios before one order

| Scenario | Evidence | Action rule |
|---|---|---|
| Breakout holds | Price closes beyond the defined range and retest holds | Consider only the pre-sized demo order |
| Range continues | Breakouts repeatedly return inside | Do not chase; wait or use a separately tested range rule |
| Downside failure | The bullish invalidation level breaks | Cancel the long plan; do not widen the stop |
Cash-risk example

At 0.02 lot, the nominal exposure is 0.02 BTC. If the stop is USD 1,000 away, the price-risk estimate is USD 20 before spread, commission and slippage. If USD 20 exceeds the learning budget, reduce volume or skip the trade; do not use the low margin requirement as the risk figure.
Account cost comparison

Standard and Pro do not add a separate BTCUSD trading commission. Raw Spread charges USD 2 per lot per side and Zero USD 4.375 per lot per side. For 0.10 lot, the round-turn commission is USD 0.40 on Raw Spread or USD 0.875 on Zero, plus actual spread and any holding cost.
Seven-observation demo log
- Record the BTCUSD quote and spread at a fixed PKT time.
- Write bullish, neutral and bearish invalidation levels.
- Calculate volume from a fixed USD risk.
- Place an order only when one scenario is met.
- Save requested and executed prices.
- Record whether the rule—not the forecast—was followed.
- Review costs after seven observations.
Current availability notes
Most crypto CFDs trade 24/7 subject to maintenance. Some BTC cross pairs are currently close-only, so confirm the exact symbol rather than assuming every Bitcoin pair accepts a new order. Crypto trading is not available under the Kenyan and Jordanian Exness entities.
Official crypto CFD specifications
Questions from a first-time learner
Does a BTCUSD trade buy Bitcoin?
No. It settles the CFD price difference and does not deliver coins.
Does 1:400 mean my loss is limited to the margin?
No. Fixed leverage determines margin, while exposure and price movement determine loss.
Can Bitcoin trade on weekends?
BTCUSD is generally available 24/7 except maintenance, but check current symbol status.
Should I trade from a yearly price target?
No. Convert any view into scenarios, an invalidation price and a fixed cash-loss limit.
