CFD Crypto Day Trading: Guide & Top Brokers

Crypto CFDs are derivatives where the buyer and seller pay the difference between the opening and closing price of a token when the trade is closed. Day traders can go long and short with these crypto-backed instruments, meaning you can make profits whether digital asset prices rise or fall. They are usually traded using leverage (borrowed capital). This can supercharge profits, but it can also amplify losses when the crypto market moves quickly.

The guide will explain how crypto CFDs work, discuss their advantages and disadvantages, and list the steps to trade these short-term financial products. We’ve also vetted and listed the best brokers for trading crypto CFDs.

Top 6 Crypto CFD Brokers

Filter brokers

We've evaluated the range of crypto CFDs and trading conditions at each of these top-rated brokers:

Tested with a live trading account Accepts traders from Canada Your capital is at risk. Trade only with funds you can afford to lose.

1. Our top pick in Canada
   1

   FXCC

   4.6/ 5

   Visit FXCC Read review
   • FTSE Spread: 1.10
   • GBPUSD Spread: 0.4
   • Stocks Spread: 0.17 (Apple)
2. 2

   Eightcap

   4.6/ 5

   Visit Eightcap Read review
   • FTSE Spread: 1.2
   • GBPUSD Spread: 0.1
   • Stocks Spread: 0.03 (Apple Inc)
   71.28% of retail traders lose money when trading CFDs
3. 3

   Fusion Markets

   4.6/ 5

   Visit Fusion Markets Read review
   • FTSE Spread: 1.0
   • GBPUSD Spread: 0.13
   • Stocks Spread: 0.01
4. 4

   FP Markets

   4.2/ 5

   Visit FP Markets Read review
   • FTSE Spread: 1.64
   • GBPUSD Spread: 1.9 average
   • Stocks Spread: Variable
5. 5

   Bullwaves

   3.9/ 5

   Visit Bullwaves Read review
   • FTSE Spread: Variable
   • GBPUSD Spread: Variable
   • Stocks Spread: Variable
6. 6

   Ingot Brokers

   4.3/ 5

   Visit Ingot Brokers Read review
   • FTSE Spread: From 0 pip
   • GBPUSD Spread: From 0 pip
   • Stocks Spread: From 0 pip

Learn how we test brokers and why you can trust our ratings.

This is why we think these brokers are the best in this category in 2026:

1. FXCC 4.6/5 FXCC has ramped up its range of cryptocurrencies for trading, going from under 10 to more than 30. There are no restrictions on crypto day trading strategies with Expert Advisors (EAs) permitted. Digital currencies can be traded 24/7 with no commission and leverage up to 1:20.
2. Eightcap 4.6/5 Eightcap’s crypto offering is best-in-class with 120+ crypto derivatives, surpassing that of almost every alternative. Testing also reveals Bitcoin spreads of 12 pips, coming in lower than most competitors. Add in convenient deposits and withdrawals in digital currencies, and Eightcap offers the complete package for serious crypto traders.
3. Fusion Markets 4.6/5 Fusion Markets offers the best-known crypto tokens paired with USD, and up to 1:10 leverage depending on your location. Bitcoin spreads are competitive starting from 0.04%, while it shines for its top-notch charting tools in MT4, MT5, cTrader and TradingView.
4. FP Markets 4.2/5 FP Markets supports CFDs on popular cryptos including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Yet while you can speculate on price movements through CFDs, direct ownership of coins is not supported. FP Markets also doesn’t add up-and-coming tokens for crypto enthusiasts on the pulse.
5. Bullwaves 3.9/5 Bullwaves offers range of 130+ crypto markets,including 10 crypto majors like BTC, 47 crypto minors, and 16 crypto-crypto pairs that we counted in the platform during testing. The web and desktop platforms also offer extensive charting features that will appeal to active crypto traders deploying short-term strategies.
6. Ingot Brokers 4.3/5 You can access 25 cryptocurrencies paired with USD, including BTC/USD and ETH/USD as well as smaller tokens like DOTUSD. The broker doesn’t offer a crypto wallet or exchange, although you can deposit via Bitcoin, Ethereum or Tether with zero fees.

Compare Crypto CFD Trading Conditions

Compare Crypto CFD Trading Conditions

Broker	Coins	Crypto Spread
FXCC	31	Variable
Eightcap	86	$12 (BTC)
Fusion Markets	14	From 0.04%
FP Markets	12	17.3 (Bitcoin)
Bullwaves	50	1.19 (BTC/USD) - during tests
Ingot Brokers	25	From 0 pip

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment

Broker	Our Users' Rating	Trustpilot Score	Trustpilot Reviews	iOS App Rating	Android App Rating
FXCC	4.4 / 5	4.5 / 5	220	4.8 / 5	4.4 / 5
Eightcap	4.0 / 5	4.1 / 5	3909	4.8 / 5	4.4 / 5
Fusion Markets	3.6 / 5	4.8 / 5	10051	4.8 / 5	4.4 / 5
FP Markets	4.0 / 5	4.8 / 5	10354	4.0 / 5	4.0 / 5
Bullwaves	4.9 / 5	3.5 / 5	674	4.8 / 5	4.6 / 5
Ingot Brokers	3.0 / 5	3.5 / 5	56	4.8 / 5	4.6 / 5

FXCC

4.6/ 5

Visit FXCC FXCC review

FXCC continues to prove itself an excellent option for day traders with a particularly strong selection of 70+ currency pairs, ultra-tight spreads from 0.0 pips during testing, and a free VPS for qualifying traders.

FXCC quick facts

FTSE Spread

1.10

GBPUSD Spread

0.4

Stocks Spread

0.17 (Apple)

Leverage

1:1000 (Exceeds CIRO limits; high risk)

Regulator

CySEC, MISA

Platforms

MT4, MT5

Coins

BTC, BCH, ETH, LTC, XMR, DASH, XRP, ALG, ATO, AVE, AVX, AXS, BNB, BSV, CKE, DOT, ENJ, FTM, LNK, MEL, MNA, MTC, SHB, SND, SNX, SOL, TRP, UNI, WAV, XTZ, YFI

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

Variable

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$0

Account Currencies

USD, EUR, GBP, CAD

Pros

• Customer support still relies on human agents with response times of under three minutes on live chat during our tests and knowledgeable reps - a welcome break from the frustrating AI chatbots increasingly offered by brokers.
• FXCC’s ECN XL account has been built with active traders in mind, featuring spreads from 0.0 with no commission, while also passing our execution speed benchmark for day traders.
• The free VPS for qualifying traders and the ability to build or buy EAs on MetaTrader make FXCC a strong option for algo traders.

Cons

• Although FXCC has bolstered its range of markets with US, European and Asian stocks, the choice of metals and energies is light, and there are no soft commodities.
• Although the economic calendar has benefited from a facelift, FXCC still offers very little in terms of market research beyond basic daily technical analysis and aggregated market news, with no tools like Autochartist or social sentiment data.
• FXCC charges steep withdrawal fees on many of its payment methods, including $45 for bank transfers and 2% crypto transfers, which may cut into the returns of traders making regular withdrawals.

Visit FXCC FXCC review

Eightcap

4.6/ 5

Visit Eightcap Eightcap review

Eightcap delivers in every area for day traders with a growing selection of charting platforms, education via Labs, and AI-powered tools. Now sporting 120+ crypto CFDs, it's also become a stand-out choice for crypto trading, winning our 'Best Crypto Broker' award two years in a row.

Eightcap quick facts

FTSE Spread

1.2

GBPUSD Spread

0.1

Stocks Spread

0.03 (Apple Inc)

Leverage

1:500 (Exceeds CIRO limits; high risk)

Regulator

FCA, ASIC, CySEC, FSC, SCB, FSA

Platforms

MT4, MT5, TradingView, TradeLocker

Coins

BTC, ETH, LTC, BCH, XRP, XMR, DSH, EOS, XLM, ADA, TRX, DOGE, BNB, DOT, MATIC, VET, AXS, NEO, SOL, UNI, AAVE, KSM, THETA, CAKE, SUSHI, ATOM, XTZ, SNX, COMP, FLOW, EGLD, PUNDIX, RAY, ZIL, QTUM, BAND, OMG, FIDA, BADGER, NEAR and many more

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

$12 (BTC)

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$100

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, SGD

Pros

• Eightcap stands out with a selection of powerful trading tools and resources, including MT4 and MT5, and more recently the 100-million strong social trading network TradingView.
• Eightcap Challenges, the broker's prop trading firm, is multi-regulated, removing the third-party risks we commonly see with white-label prop firms, and its tailoring its funded accounts to crypto traders with around 150 crypto pairs, plus it's integrated into the TradingView interface.
• After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.

Cons

• Despite a useful library of educational guides and e-books in Labs, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.
• Eightcap needs to continue bolstering its suite of 800+ instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
• The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.

Visit Eightcap Eightcap review

Fusion Markets

4.6/ 5

Visit Fusion Markets Fusion Markets review

Fusion Markets is a standout option for forex traders looking for excellent pricing with spreads near zero, industry-low commissions and recently TradingView integration. It’s a particularly good broker for Australian traders where the company is headquartered and regulated by the ASIC.

Fusion Markets quick facts

FTSE Spread

1.0

GBPUSD Spread

0.13

Stocks Spread

0.01

Leverage

1:500 (Exceeds CIRO limits; high risk)

Regulator

ASIC, VFSC, FSA

Platforms

MT4, MT5, cTrader, TradingView, DupliTrade

Coins

BTC, BCH, ADA, ETH, LTC, EOS, XLM, DOT, LNK, AVAX, SOL, MATIC, DOGE, BNB

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

From 0.04%

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$0

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

• Average execution speeds of around 37 milliseconds are noticeably faster than many rivals and can help day traders secure optimal prices in fast-moving markets.
• Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.
• Withdrawal processing times have been slashed to under an hour and can be processed 24/7, making it faster and easier for active traders to withdraw any gains.

Cons

• While the selection of currency pairs trumps most rivals, the broker's alternative investment offering is average with no stock CFDs beyond the US.
• There is no proprietary trading platform or app built with beginners in mind, a notable drawback compared to AvaTrade.
• The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.

Visit Fusion Markets Fusion Markets review

FP Markets

4.2/ 5

Visit FP Markets FP Markets review

FP Markets strikes an ideal balance between affordability and quality for active traders. They’ve managed to keep trading costs low while expanding their investment offering, charting tools, and research features, all while providing excellent support you can rely on for urgent trading queries.

FP Markets quick facts

FTSE Spread

1.64

GBPUSD Spread

1.9 average

Stocks Spread

Variable

Leverage

1:30 (UK), 1:500 (Global)

Regulator

ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya

Platforms

Iress, MT4, MT5, cTrader, TradingView, AutoChartist, TradingCentral

Coins

ADA, BCH, BTC, DOG, DOT, EOS, ETH, LNK, LTC, RPL, SOL, XLM

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

17.3 (Bitcoin)

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$0

Account Currencies

USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD

Pros

• AI-powered sentiment analysis, trading signals and real-time NewsIQ research, integrated with MT4 and MT5, has been added via FP Markets Intelligence.
• FP Markets offers a superb selection of tradable assets, especially since expanding its suite of commodities and supporting over 10,000 stocks.
• FP Markets has a seamless onboarding experience, standing out with crypto deposits and over 10 base currencies, catering to global traders.

Cons

• While pricing in the Raw account is excellent, spreads in the Standard account trail the cheapest brokers with a 1.1-pip average spread on the EUR/USD compared to the 0.8-pip average at IC Markets.
• FP Markets trails the best MetaTrader brokers, despite offering a Trader's Toolbox on MT4, just 130 instruments are available, limiting opportunities for serious traders, especially compared to Pepperstone with its 1,300 assets.
• Although Traders Hub provides rich research, notably the Daily Report, Technical Report, Market Insights, and Fundamental Analysis, it needs to widen its daily content variety and keep its forex news updated to match category leaders like IG.

Visit FP Markets FP Markets review

Bullwaves

3.9/ 5

Visit Bullwaves Bullwaves review

Bullwaves may appeal to aspiring day traders looking for the MetaTrader charting platforms with a growing suite of research tools, including AI-powered market analysis. However, the limited track record and weak regulatory credentials raise questions about its reliability.

Bullwaves quick facts

FTSE Spread

Variable

GBPUSD Spread

Variable

Stocks Spread

Variable

Leverage

1:500

Regulator

FSA

Platforms

MT5

Coins

BTC, ADA, ALG, ATM, AVA, AXS, BAT, BCH, CAK, CRV, DOG, DOT, DSH, ETC, ETH, FIL, INC, IOT, LNK, LTC, NEO, NER, ONE, SAN, SHB, SOL, SUS, TON, TRX, UNI, VEC, XLM, XMR, XRP, XTZ, ZEC, BNB, AAV, ALI, ANK and many more

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

1.19 (BTC/USD) - during tests

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$100

Account Currencies

USD, EUR, GBP

Pros

• MT5 is supported (MT4 has been discontinued), giving day traders a leading charting platform with excellent backtesting capabilities.
• Registering on the Bullwaves website and setting up an account is super smooth, only taking a few minutes based on tests.
• Bullwaves now offers copy trading, allowing users to replicate the moves of traders across 900+ strategies with thin spreads from 0.01 pips.

Cons

• Day traders and scalpers will likely prefer the VIP or ECN accounts, but these require significantly higher starting deposits ($3,000 and $5,000) compared to many brokers offering similar trading conditions with lower entry barriers.
• Customer support performed poorly during our initial tests with no 24/7 chat support as advertised, and no response to our email queries, though it performed much better in our latest round of tests with most queries getting answers same-day.
• Bullwaves operates without strong regulation in major jurisdictions, holding a license with one lower tier regulator, the Seychelles FSA, meaning it lacks oversight from reputable authorities to ensure compliance with strict financial standards.

Visit Bullwaves Bullwaves review

Ingot Brokers

4.3/ 5

Visit Ingot Brokers Ingot Brokers review

Ingot Brokers is a good choice for day traders looking for a no-frills broker with a wide range of instruments. Experienced traders will appreciate access to the advanced MT5 platform, although beginners may be disappointed in the lack of educational resources.

Ingot Brokers quick facts

FTSE Spread

From 0 pip

GBPUSD Spread

From 0 pip

Stocks Spread

From 0 pip

Leverage

1:500

Regulator

ASIC, CySEC, JSC, FSA, CMA-Kenya

Platforms

MT4, MT5

Coins

BTC, ETH, LTC, BCH, XRP, DOT, EOS, LNK, DOGE, ADA, XLM, ATOM, AAVE, AVX, BNB, DASH, ENJ, FTM, MATIC, SNX, WAVE, XMR, XTZ, YFI, SOL

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

From 0 pip

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$10

Account Currencies

USD, EUR, GBP, AUD

Pros

• Traders can access the market-leading MT4 and MT5 platforms, collectively offering dozens of advanced technical indicators and charting tools for detailed analysis
• Multiple free payment methods are available, including bank transfers and crypto payments
• Ingot Brokers holds multiple regulatory licenses, including two from the top-tier regulators, ASIC and CySEC

Cons

• The range of 30+ currency pairs is below the industry average and won’t be sufficient for serious forex traders
• The ECN account offers fewer assets than the other account types
• Despite improvements in the Resources Hub, the broker’s education and market research still trail many competitors

Visit Ingot Brokers Ingot Brokers review

What Are Crypto CFDs?

Crypto CFDs are financial instruments that track price movements in cryptocurrencies, such as Bitcoin, Ethereum and Litecoin.

They enable speculators to bet on whether crypto prices will rise or fall without having to own the underlying asset itself, a characteristic of all CFDs.

You can bet on crypto prices rising by taking a ‘long’ position, or speculate that values will drop by going ‘short’.

Like many derivatives, crypto-backed CFDs are popular with short-term traders who wish to use leverage. These are funds that you can borrow from a brokerage to control a larger position.

You will put down a deposit (known as margin) that allows you to open and hold a position in a cryptocurrency. Your broker will specify the minimum balance you must maintain in your account relative to the total value of the leveraged position.

Based on our many years in the industry, the level of leverage available on crypto CFDs typically ranges from 1:2 to over 1:20. A $100 outlay with 1:2 leverage would give you $200 (2 x $100) in buying power, while 1:20 leverage would give you $2,000 (20 x $100).

Due to their volatile nature, crypto CFDs are normally available with less leverage than other financial instruments, such as fiat currencies, protecting against significant losses in fast-moving markets.

Importantly, if you fall short of the margin requirements, the brokerage will demand that you deposit more cash. This is known as a margin call. If you fail to do this you may find your cryptocurrency CFD position liquidated by your broker – an extremely frustrating situation.

A Crypto CFD Trade In Action

To help you understand how a crypto CFD trade works in reality, let’s look at an example…

Initial Scenario

• Current Bitcoin Price: $60,000
• My Deposit (Margin): $1,000

Objective

I anticipate that the price of Bitcoin will increase following an announcement from an established public company that it’s bought a large amount of the digital currency, so I decide to enter a long position (buy) using a Bitcoin CFD with 10x leverage.

The 10x leverage means that my $1,000 deposit allows me to control a position worth 10 times my deposit, so $1000 x 10 = $10,000.

Trade Execution

• Price Movement: The price of Bitcoin rises over the next 6 hours
• New Bitcoin Price: $62,500

Importantly, Bitcoin CFDs are only settled when I choose (or the broker closes it because I have failed to meet margin requirements).

Calculating My Profit

• Determine the price movement: The price moved from $60,000 to $62,500, which is a $2,500 increase.
• Calculate the percentage increase: The increase is $2,500 on the original $60,000, which is a 4.17% increase.
• Apply the percentage to my controlled amount: Since I control $10,000 worth of Bitcoin, a 4.17% increase on my position is $10,000 x 4.17% = $417. My profit excludes trading fees.

If I had not used leverage and simply invested my $1,000 directly into Bitcoin, my profit from the price increase from $60,000 to $62,500 would have been approximately $41.67 ($1,000 x 4.17%), excluding any fees, demonstrating the huge impact of leverage.

If The Price Had Fallen

If, instead, the price of Bitcoin had fallen to $58,000, I would calculate my loss in a similar manner. The price movement would be a $2,000 decrease, equating to a 3.33% decrease. On my $10,000 position, a 3.33% decrease would result in a $330 loss.

Should I Trade Crypto CFDs Instead Of Crypto Directly?

You can trade cryptocurrency directly on a specialist crypto exchange like Coinbase. However, trading a crypto-based CFD can have advantages over buying and selling digital currencies themselves. These include:

How To Trade Cryptocurrency CFDs

If allowed in your jurisdiction, day trading crypto CFDs requires 3 steps:

1. Choose a CFD crypto broker
2. Develop a strategy
3. Place a trade

Choose A Crypto Broker

The first step is to choose a broker with cryptocurrency CFDs. I always start by checking that the company is trusted; there are vast numbers of unregulated crypto CFD brokers doing business across the globe with scams prevalent.

Next, consider the levels of leverage that you’re able to take advantage of. After all, the ability to use borrowed funds from a broker is one of the major selling points of day trading crypto CFDs.

Also look for brokers with negative balance protection. This will ensure that you cannot lose more than the funds that are already in your account when trading with leverage.

Once you’re happy with these points, check the pricing – low spreads will help maximize profits, especially for active day traders.

Finally, make sure the trading platform is easy to use with the charting tools you need to analyze and forecast cryptocurrency price movements. This is really important – an intuitive platform can really enhance the trading environment in my experience.

Develop A Strategy

Successful CFD crypto trading requires a well-thought-out strategy, typically entailing technical analysis if you’re short-term trading, though it could also include fundamental analysis.

Determine in advance your entry and exit points, stop-loss orders, and take-profit levels. Backtest your strategy where possible, making use of a demo account if needed, and remain adaptable to changing market conditions – crypto prices are notoriously volatile.

Two popular strategies for short-term crypto CFD trading include:

Breakout Trading – This strategy involves identifying a channel of resistance and support levels that the asset is consistently oscillating between. A breakout trader would wait until the price breaks through either level and then open a position for the breakout to be consolidated and become a new trend.

Contrarian Trading – This strategy is similar to swing trading, entailing betting against a consolidated trend as you are anticipating its reversal. This can be indicated in several ways, for example, a declining trading volume.

Place A Trade

You should be able to execute a cryptocurrency CFD trade directly in the broker’s platform or mobile trading app in a few clicks, inputting long/short, position size and any risk management parameters.

Importantly, begin day trading crypto CFDs with an amount of capital you can afford to lose. Start small to test your strategy under real market conditions.

Always stay informed about market news and events that could affect crypto prices, and be prepared to adjust your strategy as needed.

A Restricted Asset Class

Their high-risk nature means that trading crypto CFDs is closely regulated in many countries and even outlawed in others.

For example, in January 2021, the Financial Conduct Authority (FCA) in the UK banned retail traders from speculating on cryptocurrencies through derivatives like CFDs. Retail clients in the UK can only trade crypto CFDs with offshore, weakly regulated brokers with limited legal protections.

That said, the FCA has left the door open for professional traders to continue dealing in crypto derivatives.

The high-risk nature of CFDs means many territories have prohibited them regardless of which underlying asset they are linked to. The Securities and Exchange Commission (SEC), for instance, has prohibited any US citizens from dealing in these contracts.

Certain regions like the European Union and Australia have strict rules on the trading of CFDs, including crypto CFDs, while some like Hong Kong prevent their citizens from trading them unless they use an overseas broker.

Bottom Line

Since the creation of Bitcoin in 2009, hundreds of other cryptocurrencies have been created and now form a massive part of the day trading landscape. CFDs are extremely popular ways to capitalize on these new-age assets, although the wide-scale availability of leverage adds extra danger to these trades.

Investors who decide to deal in these financial instruments should be fully aware of these risks, and must have a detailed understanding of cryptocurrency markets before taking the plunge.

To get started, see our ranking of the best brokers with crypto CFDs. Alternatively, trading cryptocurrency-backed CFDs via a demo account is a lowe-risk first step for newer traders.

FAQ

How Does CFD Crypto Trading Work?

Two parties will enter a contract that states that the difference between the opening and closing values of the digital asset will be paid by either the broker or trader (depending on the type taken out and the direction of price movement).

Importantly, CFDs are derivatives, so you do not take ownership of the underlying digital asset, you simply make or lose money based on the change in its value.

Do I Need A Digital Wallet For CFD Crypto Trading?

No, you do not need a digital wallet. Digital wallets are used when you own digital currencies, which is not the case for CFD crypto trading, and is part of their appeal to short-term speculators.

What Cryptocurrencies Can I Trade CFDs With?

It is primarily the cryptos with the biggest market capitalization that brokers will offer CFDs for. These include Bitcoin, Ripple, Ethereum and Litecoin.

Having said that, we’re seeing brokers expand their suite of cryptocurrency CFDs, with Eightcap standing out for its around 100 crypto derivatives.

How Much Money Do I Need To Trade Crypto CFDs?

CFD crypto trading is much akin to betting in that you can put as much or as little money as you wish (to a point) on the trade.

The use of leverage can also increase market exposure by allowing you to front only a portion of a trade’s stake, for example, less than $100.

Importantly, given the derivative nature of CFDs, you do not need to be able to purchase one whole Bitcoin, for example, to begin trading.

What Time Does Crypto CFD Trading Cease?

As cryptocurrencies are not traded on one specific regulated exchange, they are open for CFD trading 24/7, all year round.

That said, there are times of higher and lower market activity that will often follow the peak trading hours of popular physical exchanges, which can affect profits through slippage and volatility.