Crypto CFD Trading Platform

Markets.com – Top Platform with Cryptocurrency Trading Tools

Markets.com was selected for its premium crypto trading tools. MarketsX, the proprietary trading platform owned by Markets.com gives crypto traders access to:

• 6 cryptocurrency CFDs
• Bitcoin futures contract
• In-house CryptoBlend index
• Leverage up to 1:2
• Powerful trading tools you’ll want to use (technical, fundamental and sentiment tools)

Markets.com is a Fintech company listed on the London Stock Exchange, and it complies with strict regulatory standards of the Financial Conduct Authority (FCA).

Markets.com is also a trading name of Safecap Investments Limited, which is regulated in Europe by the Cyprus Securities and Exchange Commission (CySEC) and in Australia, it’s licensed by the Australian Securities and Investments Commission (ASIC).

Markets.com Cryptocurrency CFDs

Markets.com clients are granted access to six crypto assets, which can be traded on the broker’s MetaTrader 4 or MarketsX trading platforms without the need to open a crypto wallet. Clients can trade cryptos via derivative instruments, Contracts for Difference (CFDs), which enable them to speculate on price movements of a particular digital currency without actually owning the underlying asset.

Markets.com allows crypto fanatics to trade CFDs on the following Cryptocurrencies with a maximum leverage of 1:2:

• Bitcoin Futures ($86.00 spread)
• Dash ($5.00 spread)
• Ethereum ($5.00 spread)
• Ripple ($0.0100 spread)
• Bitcoin Cash ($10.00 spread)
• Litecoin ($1.50 spread)
• Bitcoin Spot (BTC/USD) ($78.39 spread and maximum leverage of 1:1).

Crypto traders can also trade the entire Cryptocurrency market with Markets.com’s CryptoBlend instrument (leverage of 1:2 and $5.20 spread).

Markets.com Trading Platform Tools

Trade Cryptocurrencies such as Bitcoin by using 14 unique tools provided by a well-regulated broker. Our review has found that Markets.com has some of the best trading tools not only for Crypto trading but also for CFD and Forex trading, accessed through the broker’s MarketsX proprietary trading platform.

MarketsX is a state-of-the-art platform, which enables retail clients to take advantage of unparalleled insight into the market with 14 fundamental, technical and sentiment trading tools.

Fundamental Tools

Fundamental tools encompass macro- and microeconomic factors influencing asset prices and include:

• Financial Commentary provided by ForexLive.com, which focuses on international developments, central bank statements and other macroeconomic or industry factors that could impact the Forex or Cryptocurrency markets
• Advanced Alerts delivered to clients’ phone, email or trading platform
• Dow Jones News on MarketsX – a regularly updated news feed that focuses on the 20 most important news events that may influence global markets
• Thomson Reuters Stock Report – may be of value to clients interested in stock trading

Technical Tools

Technical tools aid clients’ decision making by focusing on the past performance of a particular tradable asset and include:

• Related Instruments – clients can obtain information about how particular asset classes are related to each other. For instance, currency pairs may be related to bond yields, commodity prices, stocks or other currency pairs.
• Advanced Charting tools package – includes 88 technical indicators and oscillators (including Ichimoku, TRIX, Relative Volatility Index, Keltner Channels, Chaikin Oscillator, Ultimate Oscillator) as well as 9 chart types (including Renko, Kagi, Point & Figure, Heikin-Ashi)

Sentiment Tools

Sentiment tools are short-term and indicate how the market feels about a particular trading instrument. They include:

• Bloggers Opinions – clients can access the opinions of 50,000 bloggers
• Hedge Funds Investment Confidence – access to SEC data, which indicates how popular a particular asset has been among fund managers over a certain period
• Insider Trades
• Trading Analyst Recommendations
• Trends In Trading – the tool analyzes every trade made through the platform in real-time to provide a picture of market sentiment
• Acuity News Alerts – the tool presents topline figures of how a particular asset’s price is being influenced by news
• Acuity News Trading Sentiment – with this tool clients can observe if news coverage of an asset is positive, negative or neutral
• Real-Time Signals – access to insight on a given asset, based on data from several robust tools (Daily Analyst Recommendations, Insider Trades, Hedge Fund Investment Confidence and Bloggers Opinions)

Final Words – Best Cryptocurrency CFD Trading Tools

Overall, Markets.com offers a wide range of cryptocurrency trading tools that can help you stay ahead of the curve. We should also note that crypto investors can always get answers to various queries (including information about tools and trading platforms) by contacting Markets.com’s dedicated customer support team via a live chat or over the phone.

View Markest.com Review >>Visit Markets.com

Note: Finalto Trading Ltd (Markets.com UK subsidiary) does not offer cryptocurrency products.

XTB – Best Range of Bitcoin and Ethereum Crosses and Fiats

XTB’s proprietary trading platform xStation 5 was selected for the best range of Bitcoin and Ethereum crosses. Globally regulated with 15 years of experience in the retail space and over 200,000 clients worldwide, XTB grants traders access to over 1,500 global markets, including 25 crypto pairs, with a maximum leverage of 2:1 and an average Bitcoin spread of $68.

Trade Bitcoin and Ethereum Crosses with XTB

The same as there are cross currency pairs in the forex market; we can distinguish crypto crosses in the cryptocurrency market. At XTB, crypto investors can look to trade crypto cross pairs on:

• 9 Bitcoin crosses (ADA/BTC, BCH/BTC, DSH/BTC, EOS/BTC, IOTA/BTC, LTC/BTC, NEO/BTC, TRX/BTC)
• 3 Ethereum crosses (EOS/ETH, ETH/BTC, TRX/ETH)

While the XTB Standard account promotes no commission trading on the XTB Pro account, you can expect to pay around $3.5 per lot traded. The award-winning CFD platform xStation 5 is designed for both newcomers and professional traders; gives you access to crypto trading 24/7 including over the weekend; supports any type of trading strategy with zero risk of losing your capital due to hacking attacks.

Final Words – Start Trading Crypto Crosses with XTB

We’ve concluded that the retail investor accounts offered by XTB also come with fast and smooth deposit and withdrawal methods and a minimum deposit of $250. The low entry barrier allows everyone to start trading in the cryptocurrency market and access leading cryptocurrency crosses.

XTB Review >>Visit XTB >>

Note: XTB Limited, XTB UK subsidiary does not offer crypto products

eToro – Top Cryptocurrency Social Trading Platform

eToro was hand-picked as the best crypto copy trading platform. eToro is a leading, multi-regulated online CFD, Forex and cryptocurrency broker with a vast customer base globally (over 10 million). eToro is renowned for its unique copy trading features and one of the largest social trading communities worldwide.

eToro follows the guidelines imposed by multiple regulatory bodies including ASIC which allows it to conduct business in Australia. Additionally, the broker is licensed by CySEC and by the UK’s FCA.

Our review has found that eToro offers a complete crypto trading solution for retail traders, regardless of their skill level and experience. eToro is recognized as an all-in-one blockchain technology solution that includes a specialized copy trading platform, cryptocurrency exchange and blockchain wallet.

eToro Crypto Copy Trading Platform

The broker’s user-friendly platform grants instant access to the cryptocurrency market. Long positions (buying cryptocurrency), if not leveraged and not traded as CFDs, will incur no overnight funding fees. Short positions (short-selling cryptocurrency), however, do incur overnight funding fees, as also does trading leveraged products (cryptocurrency CFDs).

If crypto investors prefer to operate with high-risk CFD products on leverage, we should mention that the maximum leverage for cryptocurrency trading offered by eToro is 1:2. The minimum deposit required is $200, while the US Dollar is the only base account currency accepted. Deposits in other currencies will incur a conversion fee.

Before they start trading on a live account, eToro clients have the opportunity to test the broker’s platform features with no risk on a demo account with $100,000 in virtual funds.

With eToro’s web-based platform, crypto traders will be granted free access to the latest research and news concerning the cryptocurrency market, as well as access to standard risk management tools (Stop Loss orders, Trailing Stop) to protect their active positions.

eToro Range of Cryptocurrencies

eToro’s platform allows traders to choose from 16 crypto assets combined in 94 crypto pairs. Tradable cryptocurrencies include Bitcoin (BTC), Ethereum Classic (ETC), Ripple (XRP), Litecoin (LTC), NEO and so much more.

The range of cryptocurrencies offered by eToro is broken down into 4 financial instruments:

• 16 crypto coins
• 1 commodity crosses
• 14 crypto crosses
• 61 currency crosses

Last but not least, if clients are not sure which crypto assets to focus on, they can use eToro’s award-winning copy trading features and follow top-ranking cryptocurrency traders to benefit from their trading activity and expertise.

eToroX – eToro’s Advanced Cryptocurrency Exchange

eToroX is eToro’s professional crypto exchange, which delivers the ultimate trading experience for crypto algo traders, institutional-grade investors and expert cryptocurrency traders.

eToroX utilizes the deep liquidity and competitive spreads of eToro’s trading platform, with no fees charged on cryptocurrency deposits. Additionally, trading fees are low – starting from 0.03%.

Regulated by the Gibraltar Financial Services Commission and completely secure, eToroX grants access to 106 digital pairs, including cryptocurrency, several altcoins, Forex pairs and tokenised stablecoins.

Meanwhile, crypto algo traders are able to take advantage of AlgoX, eToro’s API Trading Program, which ensures high-quality, low-latency colocation services.

eToro Crypto and Bitcoin Wallet

Additionally, eToro offers its clients a simple way to receive, transfer or store their cryptocurrency anywhere on the blockchain with a secure digital Wallet. This service supports more than 120 cryptocurrencies and also allows clients to change any of over 500 crypto assets to other crypto pairs.

eToro’s Wallet can be downloaded free of charge and can be accessed with clients’ eToro credentials. The Wallet has a number of high-level security features aimed to protect clients against any unauthorized access. Among those security features are standardization protocols, DDoS protection, and multi-signature facilities.

More, crypto investors can use their eToro Wallet private key in order to recover access to the Crypto Wallet whenever they need to.

Final Words – Best All-in-one Cryptocurrency Online Brokers

Overall, the one-stop crypto solution offered by eToro will give cryptocurrency investors all the functionalities needed to copy trade, manage, store and speculate on the price movements on 94  crypto assets under one single roof.

IG – Good Crypto Education Platforms for Beginners

Among the online brokers for crypto trading CFDs, IG offers a wealth of educational resources that will teach you how CFDs work and risk management tools for beginners. IG is a reputable online Forex and CFD broker regulated in over 10 jurisdictions worldwide, including the UK’s FCA, ASIC, NFA and CFTC in the United States.

Trading Cryptocurrency CFDs with IG

Trading cryptocurrencies by using complex instruments (CFDs) may be suitable for clients who wish to simply speculate on price movements without actually owning the particular digital currency, to leverage their position and pay only a fraction of the total cost upfront and to gain exposure to a number of crypto exchanges from a single trading account.

Trade Cryptocurrencies with IG

With IG, crypto investors can trade either 10 individual cryptocurrencies (Bitcoin, Ethereum, Ripple, Litecoin or EOS) or get broad exposure with the Crypto 10 Index. The margin requirements for retail clients on all cryptocurrency CFDs equal 10%, while the minimum spreads offered is $36 for BTC/USD.

Larger positions may require a higher margin, in accordance with IG’s margin tier system.

Risk Management Tools for CFD Trading

Since online trading through retail CFD accounts is associated with a high risk of losing money rapidly due to leverage, traders with little experience and, especially beginners, need to employ strict money management and use the entire range of risk tools available to protect their positions. This is especially valid for the cryptocurrency market, which tends to be extremely volatile!

In this line of thought, what IG offers are the following risk management tools:

• Stop Loss orders – this free tool closes clients’ position automatically in case the market moves not as anticipated. However, it is not invulnerable against slippage, thus, the position may close at a worse price level in case of a gap.
• Limit orders that allow taking profit automatically as soon as the market reaches the pre-determined price level
• Free price alerts and push notifications – price alerts by text or email can be set on IG’s Web Trader and mobile apps, while push notifications are used on the desktop PC trading platform and mobile devices
• Guaranteed Stop – this tool will always close clients’ position at the specified price level, but they will have to pay an extra spread
• Trailing Stop – this tool allows clients to lock in profits, while also placing a Stop Loss order that updates automatically when the market moves in their direction. The Stop Loss will be triggered when the market moves against them, but again, there is no guaranteed protection against slippage.

IG Academy

Beginners will find all the information they need about global financial markets and trading in IG Academy. In this website section, they can access a plethora of free online trading courses (including videos, interactive exercises, quizzes), trading webinars or in-person seminars (where they can gain knowledge and insight from IG experts).

Additionally, beginners can browse through IG’s extensive glossary to find an in-depth explanation of terms related to financial markets and trading.

Final Words – Best Crypto Platforms for Beginners

All-in-all, IG is among the best brokers for crypto newcomers due to its first-class learning centre and top risk management tools. Additional benefits of crypto CFD trading with IG include no maximum deposit limits and no deposit or withdrawal fees.

View IG Markets Review >>Visit IG Markets

 IG Markets Ltd which is the brokers UK subsidiary does not offer crypto products.

Plus500 – Platforms With the Largest Range of Cryptocurrencies

Plus500 a top CFD provider was awarded for having one of the best cryptocurrency trading platforms with a diverse selection of digital coins. Founded in 2008 in Israel and listed on the London Stock Exchange, Plus500 is among the leading CFD and Forex brokers globally. Plus500 and its corporate divisions are authorized to conduct online trading business in Australia (ASIC), United Kingdom (FCA) and Europe (CySEC).

Plus500 Cryptocurrency Trading Conditions

Our review has concluded that Plus500’s offered range of cryptocurrencies is one of the most competitive among the crypto trading platforms reviewed. With Plus500, crypto enthusiasts can trade 13 cryptocurrency CFDs + a crypto index with a maximum leverage of 1:30 and a minimum deposit of USD 200.

Similar to CFD and Forex brokers such as Markets.com, under Plus500’s negative balance protection policy, retail investor accounts cannot lose larger amounts than the initial deposit when trading CFDs.

The average spreads Plus500 offers across its range of cryptocurrencies starts from:

• $36 on Bitcoin (BTC)
• $0.0038 on Ripple (XRP)
• $4.7 on Bitcoin Cash ABC (BCH)
• $0.0006 on Tron (TRX)
• $2.1 on Ethereum (ETH)

Plus500 Crypto 10 Index

Plus500 offers passionate crypto enthusiasts the possibility to gain exposure to the cryptocurrency market in a single trade through a proprietary Crypto 10 Index.  The Crypto 10 Index (Crypto10) follows and tracks the performance of the world’s biggest cryptocurrencies. Developed by an independent and specialized third-party provider BITA, the Crypto 10 index is considered to be the benchmark cryptocurrency index the same as the S&P500 is the benchmark stock index.

Final Words – Biggest Crypto CFD Platforms

Overall, Plus500 empowers crypto fanatics with a crypto exchange feel-like trading conditions and a good selection of cryptocurrencies. Besides crypto trading, Plus500’s clients can access a variety of CFD instruments including indices, shares, ETFs and so much more. Click the button below and test drive them with a demo account.

View Plus500 Review >>Visit Plus500

*Your capital is at risk ‘72% of retail CFD accounts lose money’

Note: Plus500UK Ltd does not offer crypto products

IC Markets – Best for Crypto Trading With MT5

IC Markets is the best choice for trading cryptocurrencies CFDs via the MetaTrader 5 platform. Founded in 2007, IC Markets is a leading Australian online broker that specializes in Forex trading, but it also offers CFDs on Cryptocurrencies and other asset classes. IC Markets clients can access the financial markets through a range of trading platforms, including MetaTrader 4, MetaTrader 5 and cTrader, and take advantage of true ECN execution.

IC Markets complies with strict regulatory standards upheld by two of the most reputable regulatory bodies worldwide – the ASIC and the Cyprus-based CySEC, which allows it to offer online trading services in key markets such as Australia and Europe.

Trading Cryptocurrencies with a True ECN CFD Broker

Due to IC Markets’ pool of 25 top-tier liquidity providers, it is able to provide true ECN pricing and no dealing desk order execution with no re-quotes on its MetaTrader 5 trading platform. There are no restrictions on limit orders and no limits on trade sizes, while clients can also hedge their positions on IC Markets’ MT5 software.

Crypto investors can trade 10 digital currencies 24/5 with a maximum leverage of 1:5 and no commissions on the broker’s MetaTrader 5 platform. The minimum spread offered on Bitcoin is $5.00, while the average spread is $10.00 on all IC Markets account types.

A Bitcoin CFD trading example is presented below.

Final Words – Best MetaTrader 5 Crypto CFD Broker

All-in-all, IC Markets offers the best conditions for cryptocurrency trading with the MetaTrader 5 platform. IC Markets crypto offerings are more than enough to satisfy the trading needs of anyone interested to invest in the crypto market. To claim your free demo account, click the button below today!

View ThinkMarkets Review >>Visit ThinkMarkets

FP Markets – Top MT4 Cryptocurrency Broker

FP Markets is the best MetaTrader 4 cryptocurrency broker for offering one of the lowest Bitcoin spreads ($7.66) and ECN trading conditions. Founded in 2005, FP Markets is one of the most reputable online brokers globally that operates an ECN pricing model. Again, we’re dealing with a regulated broker in Australia by the ASIC and in Europe by the CySEC.

Trade Cryptocurrency in MT4

Similar to brokerages such as IC Markets, FP Markets’ ECN pricing model keeps spreads very tight, including on its Cryptocurrency CFDs. Crypto fanatics can trade 5 digital currencies 24/5 with a maximum leverage of 1:2 and no commissions on the broker’s MT4 platform. The minimum spread offered on Bitcoin is $2.02, while the average spread is $7.66 on all FP Markets account types.

True MT4 ECN Broker with Cryptocurrencies

As the broker streams price data directly from its deep pool of liquidity providers, it is able to ensure the highest level of price transparency, ultra-low spreads across its CFD product list as well as exceptional order execution with minimal slippage.

FP Markets clients are able to access institutional-grade liquidity and take advantage of no dealing desk execution and no re-quotes on the broker’s MetaTrader 4 platform.

Because its MT4 server is located in the Equinix NY4 data centre, FP Markets is able to provide ultra-low latency and order execution of 37 ms for its clients. Along with other industry awards it has received over the course of its business history, FP Markets was awarded as the Best for Quality of Trade Execution 2019 by Investment Trends.

Final Words – Best MT4 Bitcoin Broker

While FP Markets only offers 5 cryptocurrencies (Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple) it’s the best fit for crypto traders seeking to trade via the most popular trading platform – MetaTrader 4. For more details about the MT4 features click the button below and read our full FP Markets review.

View FP Markets Review >>Visit FP Markets

AvaTrade – Good For Fixed Spreads With Cryptos

With a total of 11 cryptocurrencies on the offer, AvaTrade offers competitive fixed spreads for crypto CFDs. AvaTrade is a global Forex and CFD broker, authorized and regulated on five continents by some of the most reputable regulatory bodies globally.

AvaTrade Cryptocurrency Trading Offerings

Among AvaTrade’s vast range of financial instruments offered to Australian clients are CFDs on 11 digital currencies, which can be traded 24/7 (including over the weekend trading) with no commissions and no bank fees on transactions. Another advantage is that cryptocurrency CFD spreads are fixed, while the maximum leverage allowed is 1:25.

AvaTrade’s cryptocurrency CFD product list includes Bitcoin which can be traded against three different fiat currencies (US dollar, Euro and Japanese Yen):

• Bitcoin/US Dollar (BTC/USD) – spread of 0.35% Over-market, leverage of 1:25
• Bitcoin/Euro (BTC/EUR) – spread of 0.5% Over-market, leverage of 1:20
• Bitcoin/Japanese Yen (BTC/JPY) – spread of 0.5% Over-market, leverage of 1:20

The list of cryptocurrencies offered by AvaTrade is completed by Bitcoin Gold, Bitcoin Cash, Ethereum, Litecoin, Ripple, Stellar, Dash, NEO, EOS, MIOTA and a cryptocurrency index, Crypto 10 Index.

Final Words – Best Crypto CFD  Broker with Low Spreads

Overall, AvaTrade was rewarded for its competitive trading costs, and weekend trading available on 13 crypto pairs and one crypto index. In addition, Bitcoin traders have the chance to speculate on the price of Bitcoin against multiple fiat currencies. To test drive this broker, click the button below and claim your free demo account.

View AvaTrade Review >>Visit AvaTrade

Admiral Markets – Good Risk Management Platforms for Cryptos

Admiral Markets offers the best crypto CFD trading platform with good risk management tools. With almost 20 years of experience proving online trading services to retail clients worldwide, Admiral Markets is regulated across two continents (FCA, ASIC and CySEC licenses). This online trading provider offers 32 crypto assets, leverage up to 10:1, an average Bitcoin spread of $10 and a package of advanced risk management trading tools.

In terms of risk management tools, Admiral Markets offers:

• The standard stop-loss orders
• Mini terminal available only for Admiral Supreme Account
• Negative balance protection policy (NBP)
• Volatility Protection

Trade Bitcoin with Risk Management Tools

Admiral Markets’ clients can trade cryptocurrency CFD with various risk tools that enable you to protect your capital. The most powerful crypto risk trading tool is the Volatility Protection that protects your trade from re-quotes slippages, spread widening and market gaps. The high cryptocurrency volatility noticed in the crypto market is one of the most distinctive characteristics.

The key feature offered by Admiral Markets’ Volatility Protection tool includes:

• All types of orders come with build-in maximum accepted slippage
• Cancellation of pending orders on price gaps
• Option to automatically convert limit orders into market orders
• Partial order execution
• Features to avoid your stop loss be triggered due to widening spreads

Final Words – Best Crypto Platform with Risk Tools

Overall, clients of Admiral Markets can access the full suite of MetaTrader platforms (MT4 & MT5) including add-on packages (MetaTrader Supreme Edition) with powerful risk management tools. Other than the risk management tools, Admiral Markets is not recommended for crypto trading due to lower leverage ratios and overall higher trading costs.

View Admiral Markets Review >>Visit Admiral Markets >>

Note: Admiral Markets UK Ltd does not offer crypto products.  Admiral Markets Cyprus Ltd and Admiral Markets Pty Ltd does.