Product boundary
Course context: This lesson belongs to a practical beginner curriculum for Pakistan.
| Need | Exness crypto CFD | Spot crypto exchange |
|---|---|---|
| Speculate long or short | Yes, through a CFD order | Spot usually buys the asset; shorting depends on product |
| Own or withdraw coins | No | Usually supported subject to custody/network rules |
| Use broker margin | Yes, under symbol margin specification | Varies by exchange and product |
| On-chain transfer from the position | No | Possible for owned assets |
| Price result | Difference between opening and closing CFD prices | Change in owned asset value |
BTCUSD current specification snapshot
| Field | Published value | Planning implication |
|---|---|---|
| Contract size | 1 BTC per lot; BTCUSDc is 0.01 BTC per lot | Suffix radically changes nominal exposure |
| Minimum volume | 0.01 lot | BTCUSD minimum nominal size is 0.01 BTC before price conversion |
| Fixed margin | 0.25% (1:400) | Margin is not maximum loss |
| HMR | 0.5% (1:200) | Required margin can double in HMR periods |
| Raw Spread commission | USD 2 per lot per side | Add both sides to round-trip cost |
| Zero commission | USD 4.375 per lot per side | Zero spread does not mean zero cost |
| Swap schedule | Triple swap Friday; holiday changes possible | Include holding date in the plan |
Cash-risk example method
For BTCUSD, nominal BTC exposure equals lots × 1 BTC; for BTCUSDc it equals lots × 0.01 BTC. Cash movement equals BTC exposure × USD price movement. Add spread, account-specific commission, swap and a slippage allowance. Calculate this before using the margin figure, because the required deposit does not cap market loss.
Broker-fit checklist
- Confirm the Pakistan account's serving entity and crypto availability.
- Open the exact symbol specification and note suffix.
- Verify platform, account type, contract size and minimum volume.
- Measure spread at intended trading hours.
- Add per-side commission and Friday swap exposure.
- Check maintenance windows and close-only status.
- Run twenty demo signals and compare requested with executed price.
Current availability cautions
Exness says most crypto CFDs trade 24/7 subject to maintenance. Several BTC cross-pairs—including BTCXAU, BTCXAG, BTCTHB, BTCAUD, BTCCNH and BTCZAR—are currently close-only. Availability also differs by entity; for example, the current specification excludes Kenyan and Jordanian entities. Always use the live instrument list for the actual account.
Official contract source
Exness cryptocurrency CFD specifications · Account-type symbol suffixes
Questions from a first-time learner
Do I own Bitcoin when I buy BTCUSD at Exness?
No. It is a CFD position; no underlying Bitcoin is delivered.
Is BTCUSD available all the time?
Most crypto CFDs trade 24/7, but maintenance, account/entity availability and close-only modes can apply.
What is the BTCUSD contract size?
The current specification states 1 BTC per lot; BTCUSDc uses 0.01 BTC per lot.
Does 1:400 margin limit my loss?
No. It defines initial margin. Loss depends on exposure, price movement, execution and costs.