Can You Trade Cryptocurrencies Using a Forex or CFD Platform Guide
Updated April 13, 2021
Can You Trade Cryptocurrencies Using a Forex or CFD Platform?
One question many people (particularly, beginners and novice traders) have is, 'Can you trade cryptocurrencies using a Forex or CFD platform?' In short, the answer is a resounding, 'YES!' There are, however, slight variations— some quite significant— that apply to cryptocurrency trading on either of the aforementioned platforms. Let's have a deeper look at the question and carefully try to understand exactly what the title is asking.
How Can You Trade Cryptocurrencies Using a Forex or CFD Platform?
It should be noted that a trader enters into a contract on Bitcoin, Litecoin, Ethereum, or other cryptocurrencies with a CFD provider based on price movements. There is technically no ownership of the currencies involved. In addition, there is no exchange of currencies. Which results in one of the easiest ways to trade cryptocurrencies.
With no official exchange of cryptocurrencies, the risk of hacking is also minimized. Hacking is a real threat when trading cryptocurrencies. Even the most reliable exchanges have been hacked in the past and there is no guarantee that hacking will not happen in the future. Hacking has a disastrous effect on both investors and exchanges.
CFD traders usually take advantage of price movements. Profits can be made if a trader has a buy position when the sell rate increases beyond the opening buy rate. On the other hand, losses can be suffered if the sell price moves below the buy position.
Cryptocurrency Trading on Forex and CFD - Explained
There are some significant differences between trading on an exchange and on a Forex or CFD platform. Some of these are discussed below:
- Digital cryptocurrencies are not exchanged in the transactions.
- Traders don't have to own a crypto wallet.
- Traders agree to the terms and conditions of the Forex or CFD provider. CFD means leveraging the trade.
- Crypto-fiat pairings are traded in ways like LTC/USD or BTC/USD. While in exchanges, the trade is crypto-to-crypto pairs.
- Using these fiat currencies, a trader just makes deposits and withdrawals.
Cryptocurrency CFD Trading Process
Those traders who have already traded Forex or CFDs on MT4 or other popular trading platforms, are probably already familiar with the process. Cryptocurrency CFD trading is very similar.
Trading cryptocurrency CFD involves technical, as well as fundamental, analysis. In fact, it should be a balance of both. And, setting up a risk management tool is key to accomplishing this. Beginners should understand risk management tools because cryptocurrency is highly volatile and price movement can be either positive or negative— in tens, or even hundreds of units each trading day. This is a significant change compared to Forex assets, which move in fractional percentage points. Even the most volatile commodities, like crude oil, only move in single digits.
Controlling the risk involved is important. Proper use of management tools may minimize risk and increase the probability of profit.
New coverage plays an important role in the fundamental analysis of the price movements of crypto-coins in CFDs. It must be understood that there is no economic calendar; therfore, it can not be known when the latest news will be released. Moreover, 'crypto news' is centered around a couple of adopted points according to declarations made by regulators.
Price Correlations
It is highly recommended to pay attention to price correlations. Litecoin and Bitcoin Cash ABC were both developed using the structure of Bitcoin; and, in effect, are clones of Bitcoin. Hence, Bitcoin can drag the prices of Litecoin up or down.
Can You Trade Cryptocurrencies Using a Forex or CFD Platform? - Verdict
Yes, cryptocurrencies can indeed be traded using a Forex/CFD platform. We tried to show how this is possible, and also highlighted some of the important aspects of crypto Forex/CFD trading. It is also important to mention in closing that the rules or protocol of CFD must be followed.
It cannot be denied that cryptocurrency is highly volatile— several folds more than crude oil, which is also volatile in CFD assets.
Cryptocurrency trading is not for beginners or amateur traders who have limited capital to invest or might lack the capacity for risk. Even the most experienced traders may fail to predict the price movements of crypto-coins. More than this, profits cannot be guaranteed by anyone, no matter their level of expertise.
We've collected thousands of datapoints and written a guide to help you find the best Can You Trade Cryptocurrencies Using a Forex or CFD Platform for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best CFD Crypto below. You can go straight to the broker list here.
Reputable Can You Trade Cryptocurrencies Using a Forex or CFD Platform Checklist
There are a number of important factors to consider when picking an online CFD Crypto trading brokerage.
- Check your CFD Crypto broker has a history of at least 2 years.
- Check your CFD Crypto broker has a reasonable sized customer support of at least 15.
- Does the CFD Crypto 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 CFD Crypto broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your CFD Crypto broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your CFD Crypto 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 CFD Crypto.
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 CFD Crypto.
- 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 CFD Crypto of 2021 compared
Here are the top CFD Crypto.
Compare CFD Crypto min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are CFD Crypto. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more CFD Crypto that accept CFD Crypto clients
| Broker |
eToro
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IC Markets
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XTB
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AvaTrade
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FP Markets
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Plus500
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Pepperstone
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EasyMarkets
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XM
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FXPrimus
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SpreadEx
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| 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) | 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) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | 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 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Financial Conduct Authority (FCA) |
| Min Deposit | 200 | 200 | No minimum deposit | 250 | 100 | 100 | 200 | 100 | 5 | 100 | 1 |
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| Used By | 20,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 15,500+ | 10,000+ | 142,500+ | 3,500,000+ | 10,000+ | 10,000+ |
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| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with etoro |
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Up with icmarkets |
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Up with xtb |
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Up with avatrade |
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Up with fpmarkets |
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Up with plus500 |
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Up with pepperstone |
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Up with easymarkets |
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Up with xm |
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Up with fxprimus |
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Up with spreadex |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% 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. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 72% 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. | 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 | Your capital is at risk | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
| Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
FP Markets Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
SpreadEx Demo |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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 | US, IN, PK, BD, NG , ID, BE | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US, TR |
All CFD Crypto in more detail
You can compare CFD Crypto 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 CFD Crypto for 2021 article further below. You can see it now by clicking here
We have listed top CFD Crypto below.
Can You Trade Cryptocurrencies Using a Forex or CFD Platform Table of Contents
- Can You Trade Cryptocurrencies Using a Forex or CFD Platform Explained
- 6 Factors to Consider when Choosing Can You Trade Cryptocurrencies Using a Forex or CFD Platform
- Are Your Can You Trade Cryptocurrencies Using a Forex or CFD Platform Trusted And Established?
- Are The Can You Trade Cryptocurrencies Using a Forex or CFD Platform World Leading?
- What are the Can You Trade Cryptocurrencies Using a Forex or CFD Platform Commissions and Fees?
- What are the Can You Trade Cryptocurrencies Using a Forex or CFD Platform Funding and Withdrawl Methods?
- Find Can You Trade Cryptocurrencies Using a Forex or CFD Platform with Round-the-clock support?
- Make sure the Can You Trade Cryptocurrencies Using a Forex or CFD Platform Offer Comprehensive Trader resources?
- Why do Can You Trade Cryptocurrencies Using a Forex or CFD Platform need to be regulated?
- Can You Trade Cryptocurrencies Using a Forex or CFD Platform FAQ
- What are the best CFD Crypto brokers?
- What is the best CFD Crypt broker?
- Related Can You Trade Cryptocurrencies Using a Forex or CFD Platform Reviews
- Related Can You Trade Cryptocurrencies Using a Forex or CFD Platform Alternatives
- Related Can You Trade Cryptocurrencies Using a Forex or CFD Platform Comparisons
Can You Trade Cryptocurrencies Using a Forex or CFD Platform Explained
Trading the financial markets with Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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 Can You Trade Cryptocurrencies Using a Forex or CFD Platform is the platform that a Can You Trade Cryptocurrencies Using a Forex or CFD Platform offer.
Choose Can You Trade Cryptocurrencies Using a Forex or CFD Platform that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Can You Trade Cryptocurrencies Using a Forex or CFD Platform that you can rely on.
6 Factors to Consider when Choosing Can You Trade Cryptocurrencies Using a Forex or CFD Platform
Follow these five rules for selecting a broker that's right for you:
Are Your Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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 Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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
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IC Markets
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XTB
|
AvaTrade
|
FP Markets
|
Plus500
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| Year Established | 2007 | 2007 | 2002 | 2006 | 2005 | 2008 |
| Head Office | Cyprus, UK | Australia | Poland | The British Virgin Islands | Australia | Israel |
| 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) | 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) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | 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 |
| Used By | 20,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 15,500+ |
| Negative balance protection | Yes | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit eToro | Visit IC Markets | Visit XTB | Visit AvaTrade | Visit FP Markets | Visit Plus500 |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% 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. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 72% 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. |
Are The Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. 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 Can You Trade Cryptocurrencies Using a Forex or CFD Platform is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
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IC Markets
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XTB
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AvaTrade
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FP Markets
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Plus500
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| Instruments Available | 2000 | 232 | 4000 | 1000 | 100 | 2500 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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 | 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 | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE |
| Forex pairs offered | 50 | 65 | 57 | 80 | 60 | 100 |
| Forex pairs offered | 50 | 65 | 57 | 80 | 60 | 100 |
| 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 | Yes | Yes |
| Commodities Offered | 31 | 19 | 21 | 16 | 18 | 17 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | Yes | Yes |
| Stocks Offered | 2042 | 110 | 1696 | 99 | 10000 | 1816 |
| UK Shares | Yes | No | 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 Can You Trade Cryptocurrencies Using a Forex or CFD Platform Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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 200.
Another top rated Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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
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IC Markets
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XTB
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AvaTrade
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FP Markets
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Plus500
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| Min Deposit | 200 | 200 | 0 | 250 | 100 | 100 |
| Withdrawl Fees | Yes | No | varies | No | No | No |
| Inactivity Fees | Yes | No | No | No | No | Yes |
| Deposit Fees | No | Varies | No | No | Yes | No |
| CFD Commission Fees | No | Yes | Yes | No | Yes | No |
What are the Can You Trade Cryptocurrencies Using a Forex or CFD Platform Funding and Withdrawal Methods?
When dealing with Can You Trade Cryptocurrencies Using a Forex or CFD Platform having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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IC Markets
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XTB
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AvaTrade
|
FP Markets
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Plus500
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | Yes |
| Skrill | Yes | Yes | Yes | No | Yes | Yes |
| Payoneer | No | No | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | No |
Find Can You Trade Cryptocurrencies Using a Forex or CFD Platform with Round-the-clock support?
Customer service is very important when dealing with Can You Trade Cryptocurrencies Using a Forex or CFD Platform.
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.
Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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
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IC Markets
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XTB
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AvaTrade
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FP Markets
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Plus500
|
| Support |
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| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Italian, German, French, Greek, and Hebrew | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese |
| Learn More | Visit eToro | Visit IC Markets | Visit XTB | Visit AvaTrade | Visit FP Markets | Visit Plus500 |
| Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% 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. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 72% 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. |
Make sure the Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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 do Can You Trade Cryptocurrencies Using a Forex or CFD Platform need to be regulated?
A regulated Can You Trade Cryptocurrencies Using a Forex or CFD Platform broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Can You Trade Cryptocurrencies Using a Forex or CFD Platform 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.
Can You Trade Cryptocurrencies Using a Forex or CFD Platform List
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
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
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, 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, MT5, IRESS, Mac, Web Trader, 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, ZuluTrade, 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, 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, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account