Bitcoin CFD Guide
Updated January 18, 2022
Bitcoin CFD
Bitcoin was the first cryptocurrency. It is a decentralised digital currency which was launched in 2009 as an open-source software. No single administrator or central bank controls it. The coins can be sent and received between users on a peer-to-peer network without intermediaries. Network nodes verify the transactions through cryptography, and a public ledger called blockchain keeps the records.
Each coin is created through a process called mining. The miners are rewarded with it. The coins can be exchanged for products, services and other currencies, including fiat currencies. However, the real-world value of the coins is not stable. It is highly volatile.
The rise of the cryptocurrency revolution has attracted a large crowd of investors. The massive growth that bitcoin has experienced is beyond imagination and this is the reason why more and more people are buying into it. In this article, we will explain how one can use CFDs to trade bitcoin.
Bitcoin Key Highlights
- No central authority or bank controls Bitcoin.
- Its network is peer-to-peer, and hence no central server is used.
- No central storage is used.
- Its ledger is publicly distributed and can be stored by anyone on personal computers.
- Miners maintain the ledger through a good and dedicated network.
- A certain criteria or qualification is required to become a miner.
- It is impossible to know which miner will be allowed to create the next block in the blockchain.
- Creating a Bitcoin address is easy and does not require any approval.
- Approval is not required to send a transaction.
- The blockchain network confirms the legitimacy of a transaction.
- There are several online cryptocurrency exchanges where Bitcoin can be transacted.
Bitcoin CFD First Steps
To proceed with any crypto-asset, you will need to set up a wallet. A wallet is the equivalent of a bank account for FIAT currency. A wallet will store the information of your crypto tokens. You can create desktop wallets, mobile wallets, paper wallets, and you can even use external wallets. Most crypto exchanges include a free wallet that you can use. This way you can buy, sell, store, and transfer crypto. These third-party wallets are more susceptible to hacking, so beware of this choice. Each wallet has a private key that is used to authorize transactions. To protect from theft and other account risks, there are better options; CFDs.
Bitcoin CFD Definition
Bitcoin CFD is an investment vehicle allowing investors to speculate on its price without actually owning or buying the coins. A contract is made by speculating the future price almost like betting on the price of Bitcoin. Profit is made from the price changes.
The buyer and seller of the contract agree to pay the price differences either in the upward or lower direction. If an investor is confident the price may rise shortly, he strikes a deal with a seller to settle the rise or fall of costs in cash at the termination time of the contract. If the estimation turns out to be correct, he makes a profit. If the estimate goes wrong, he loses.
With CFD trading, an investor does not require owning or purchasing any physical goods. It means he does not own the coin. He speculates on the price movement of the coin over a short period.
A CFD is an over-the-counter trade. This involves 2 parties, usually the trader and a broker. Instead of buying the actual crypto security in this case bitcoin, both parties agree that they will pay each other the difference in cash for the price of the security. If the trader is correct about the trend of the security, the seller, which is the broker, will pay the buyer the difference in cash for the price of the security. If the buyer is wrong and the price moves in the opposite direction to the predicted trend, the buyer will pay the seller the difference in cash for the price fluctuation of the security.
A CFD is speculation built upon the performance of a particular security. The advantage of using CFDs is that you get access to more leverage, and you can gain profit even from small price actions. Bitcoin CFD trading is high risk due to the volatility in the Bitcoin crypto markets.
Applying CFDs to Bitcoin
CFDs are high risk leveraged trades. They are performed instantly and they do not depend on the main securities' liquidity. The other advantage is that CFDs allow you to open long and short positions in an instant. There is no borrowing of securities involved and you are always guaranteed that your position will be opened, regardless of the direction of the market. With CFDs you bypass the need for a bitcoin wallet, thus there are fewer risks involving theft of funds or hacking. By trading CFDs, you get access to larger leverage than regular crypto trading platforms. With CFDs, you also have the chance to trade using multiple currencies, so there are fewer fees and more options.
CFDs are like opening securities positions as they too allow you to open stop-loss and take-profit orders. This way you do not have to constantly watch the market and the performance of the securities.
Wallet Vs CFDs
Both ways are effective ways to capitalize on the price volatility of bitcoin and cryptocurrencies. Depending on your needs each way has its proper advantage. If you would like to speculate on short- term market volatility, CFDs offer greater and better tools. If you would like to speculate on the long term, owning an actual wallet, preferably a hardware wallet is better and it keeps your funds secure and it requires less maintenance than CFDs.
Benefits of Bitcoin CFD Trading
Trading Bitcoin on margin or Bitcoin leveraged trading is possible with Bitcoin CFD. It facilitates trading with a fraction of capital against the total trade value. With Bitcoin CFD, one can open a greater position and access the global financial markets.
In recent years, the Bitcoin CFD has become the instrument of choice for many cryptocurrency investors. The use of CFD has become popular as no stamp duty is paid unlike unleveraged stock and Bitcoin trading.
Investors can take a short position or a long position based on the speculation that the price is believed to rise or fall.
Is Bitcoin Trading Legal
Bitcoin CFD is not legal in the United States. Similarly, in the United Kingdom, the CFD Bitcoin leverage trades have been barred on cryptocurrency financial assets like Bitcoin by the Financial Conduct Authority (FCA).
There is a simple reason why such trades are not allowed. Cryptocurrencies are currently highly volatile. However, buying and selling of unleveraged Bitcoin cryptocurrency are not barred in both countries.
Cryptocurrency Economic Concerns
A number of market researchers have described cryptocurrencies as an economic bubble. According to New York University professor Nouriel Roubini, Bitcoin is the mother of all bubbles. The central bank of Estonia, journalists, investors and economists argue the currency is a Ponzi scheme.
However, the World Bank countered the concern stating it is not a deliberate Ponzi scheme and the Swiss Federal Council voiced it may not be a pyramid scheme as there are no profit promises.
Bitcoin CFD Verdict
Bitcoin is a revolution in the world of digital currency. The cryptocurrency is decentralised and not controlled by any central authority or bank. The peer-to-peer cryptography technology allows sending and receiving funds worldwide at a much faster speed and a much lower fee. In recent years, the concept of cryptocurrency has become a household word.
In this article, we have covered 2 ways that investors can speculate on cryptocurrencies, especially bitcoin. This token has large price volatility, so both ways apply to the investor's needs. Your choice will depend on the timeframe of your speculation.
We've collected thousands of datapoints and written a guide to help you find the best Bitcoin CFD for you. We hope that this information assists you in locating a reliable and reputable broker who meets your online trading requirements. We have compiled a list of what we consider the best Bitcoin CFD Investment Platforms below.
Reputable Bitcoin CFD Checklist
There are a number of important factors to consider when picking an online Bitcoin CFD Investment Platforms trading brokerage.
- Check your Bitcoin CFD Investment Platforms broker has a history of at least 2 years.
- Check your Bitcoin CFD Investment Platforms broker has a reasonable sized customer support of at least 15.
- Does the Bitcoin CFD Investment Platforms broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Bitcoin CFD Investment Platforms broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Bitcoin CFD Investment Platforms broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Bitcoin CFD Investment Platforms can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Bitcoin CFD Investment Platforms.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Bitcoin CFD Investment Platforms.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Bitcoin CFD Investment Platforms of 2022 compared
Here are the top Bitcoin CFD Investment Platforms.
Compare Bitcoin CFD Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Bitcoin CFD Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Bitcoin CFD Investment Platforms that accept Bitcoin CFD Investment Platforms clients
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Roboforex
|
FP Markets
|
Pepperstone
|
Plus500
|
XM
|
EasyMarkets
|
Trading212
|
| Rating | |||||||||||
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Min Deposit | 10 | 200 | 100 | No minimum deposit | 1 | 100 | 200 | 100 | 5 | 100 | 1 |
| Funding |
|
|
|
|
|
|
|
|
|
|
|
| Used By | 20,000,000+ | 180,000+ | 300,000+ | 250,000+ | 10,000+ | 10,000+ | 89,000+ | 15,500+ | 3,500,000+ | 142,500+ | 15,000,000+ |
| Benefits |
|
|
|
|
|
|
|
|
|
|
|
| Accounts |
|
|
|
|
|
|
|
|
|
|
|
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Support |
|
|
|
|
|
|
|
|
|
|
|
| Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with avatrade |
Sign
Up with xtb |
Sign
Up with roboforex |
Sign
Up with fpmarkets |
Sign
Up with pepperstone |
Sign
Up with plus500 |
Sign
Up with xm |
Sign
Up with easymarkets |
Sign
Up with trading212 |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | Your capital is at risk | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. |
| Demo |
eToro Demo |
IC Markets Demo |
AvaTrade Demo |
XTB Demo |
Roboforex Demo |
FP Markets Demo |
Pepperstone Demo |
Plus500 Demo |
XM Demo |
easyMarkets Demo |
Trading 212 Demo |
| Excluded Countries | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BE, BR, KP, NZ, TR, US, CA, SG | US, IN, PK, BD, NG , ID, BE, AU | US, JP | US, JP, NZ | BR, KR, IR, IQ, SY, JP, US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | US, CA, IL, KR, IR, MM, CU, SD, SY | US | US, CA |
eToro Risk Disclosure
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
All Bitcoin CFD Investment Platforms in more detail
You can compare Bitcoin CFD Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Bitcoin CFD Investment Platforms for 2022 article further below. You can see it now by clicking here
We have listed top Bitcoin CFD Investment Platforms below.
Bitcoin CFD Table of Contents
- Bitcoin CFD Explained
- 6 Factors to Consider when Choosing Bitcoin CFD
- Are Your Bitcoin CFD Trusted And Established?
- Are The Bitcoin CFD World Leading?
- What are the Bitcoin CFD Commissions and Fees?
- What are the Bitcoin CFD Funding and Withdrawl Methods?
- Find Bitcoin CFD with Round-the-clock support?
- Make sure the Bitcoin CFD Offer Comprehensive Trader resources?
- Why Bitcoin CFD needs to be regulated?
- Bitcoin CFD FAQ
- What are the best Bitcoin CFD Investment Platforms brokers?
- What is the best Bitcoin CFD Investment Platform broker?
- Related Bitcoin CFD Reviews
- Related Bitcoin CFD Alternatives
- Related Bitcoin CFD Comparisons
Bitcoin CFD Explained
Trading the financial markets with Bitcoin CFD when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Bitcoin CFD is the platform that a Bitcoin CFD offer.
Choose Bitcoin CFD that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Bitcoin CFD that you can rely on.
6 Factors to Consider when Choosing Bitcoin CFD
Follow these five rules for selecting a broker that's right for you:
Are Your Bitcoin CFD Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Bitcoin CFD broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Roboforex
|
FP Markets
|
| Year Established | 2007 | 2007 | 2006 | 2002 | 2009 | 2005 |
| Head Office | Cyprus, UK | Australia | Ireland | Poland | Cyprus | Australia |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) |
| Used By | 20,000,000+ | 180,000+ | 300,000+ | 250,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | No | Yes | No | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit XTB | Visit Roboforex | Visit FP Markets |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits |
Are The Bitcoin CFD World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Bitcoin CFD is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Roboforex
|
FP Markets
|
| Instruments Available | 2000 | 232 | 1250 | 4000 | 100 | 100 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | ZA, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | US | BE, BR, KP, NZ, TR, US, CA, SG | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, JP | US, JP, NZ |
| Forex pairs offered | 50 | 65 | 55 | 57 | 35 | 60 |
| Forex pairs offered | 50 | 65 | 55 | 57 | 35 | 60 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | No | Yes |
| Commodities Offered | 31 | 19 | 17 | 21 | 21 | 18 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | No | Yes |
| Agricultural | Yes | Yes | Yes | Yes | No | Yes |
| Stocks Offered | 2042 | 110 | 1000 | 1696 | 0 | 10000 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Bitcoin CFD Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Bitcoin CFD broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 10.
Another top rated Bitcoin CFD broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Roboforex
|
FP Markets
|
| Min Deposit | 10 | 200 | 100 | 0 | 1 | 100 |
| Withdrawl Fees | Yes | No | No | varies | Yes | No |
| Inactivity Fees | Yes | No | No | Yes | No | No |
| Deposit Fees | No | Varies | No | No | No | Yes |
| CFD Commission Fees | Yes | Yes | No | Yes | No | Yes |
What are the Bitcoin CFD Funding and Withdrawal Methods?
When dealing with Bitcoin CFD having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Roboforex
|
FP Markets
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | Yes |
| Skrill | Yes | Yes | No | Yes | No | Yes |
| Payoneer | No | No | Yes | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Bitcoin CFD with Round-the-clock support?
Customer service is very important when dealing with Bitcoin CFD.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Bitcoin CFD customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
|
IC Markets
|
AvaTrade
|
XTB
|
Roboforex
|
FP Markets
|
| Support |
|
|
|
|
|
|
| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese |
| Learn More | Visit eToro | Visit IC Markets | Visit AvaTrade | Visit XTB | Visit Roboforex | Visit FP Markets |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits |
Make sure the Bitcoin CFD Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Bitcoin CFD needs to be regulated?
A regulated Bitcoin CFD broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Bitcoin CFD brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Bitcoin CFD List
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
