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

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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 Zimbabwe Your capital is at risk. Trade only with funds you can afford to lose.

1. Our top pick in Zimbabwe
   1

   XM

   4.8/ 5

   Visit XM Read review
   • FTSE Spread: 1.4
   • GBPUSD Spread: 0.8
   • Stocks Spread: 1.79 (Apple)
2. 2

   RoboForex

   4.5/ 5

   Visit RoboForex Read review
   • FTSE Spread: 17.5
   • GBPUSD Spread: 0.4
   • Stocks Spread: 0.01
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

   BlackBull

   4.5/ 5

   Visit BlackBull Read review
   • FTSE Spread: 1.5
   • GBPUSD Spread: 0.5
   • Stocks Spread: No mark-up
5. 5

   Markets.com

   4.4/ 5

   Visit Markets.com Read review
   • FTSE Spread: 2.5
   • GBPUSD Spread: 1.5
   • Stocks Spread: 1.53 (Apple)
6. 6

   FXCC

   4.6/ 5

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

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

Here is a short overview of each broker's pros and cons

1. XM 4.8/5 XM offers a handful of cryptocurrencies against the USD via the South African entity only. These are tradable via CFDs with very high leverage up to 1:500, amplifying potential returns but also losses. You can day trade major tokens like Bitcoin, Ethereum and Ripple, though the suite of tokens trails the 100+ crypto derivatives at some category leaders.
2. RoboForex 4.5/5 RoboForex has launched 24/7 CFD crypto trading for popular tokens, including Bitcoin, Ethereum, and Cardano. Transparent fees, margin trading opportunities, and the reliable RoboForex execution make it suited to active crypto traders. Crypto trading is on select accounts like Pro, ProCent, and ECN accounts, alongside leverage up to 1:500 for BTC/ETH.
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. BlackBull 4.5/5 BlackBull excels for active traders interested in trading crypto. It has grown its selection of cryptocurrencies, now providing 27+ digital tokens, including Bitcoin, Ethereum, and Trump, with all cryptos paired with USD. But pricing is where it excels, with testing revealing average spreads of around 12 on BTC/USD - less than half that of competitors like Eightcap, plus there’s no commission, making it considerably cheaper than most crypto CFD brokers. BlackBull also offers separate well-presented crypto guides for beginner, intermediate and advanced traders. Up to 1:100 leverage is available on cryptos.
5. Markets.com 4.4/5 Markets.com’s crypto offering covers 30+ major coins, including Bitcoin, Ethereum, and Litecoin, with leverage options that vary by region but stay more conservative than on forex. Execution was generally smooth in our tests, though spreads were noticeably wider during high volatility, making it better for swing trades than ultra-short-term scalping.
6. 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.

Compare Crypto CFD Trading Conditions

Compare Crypto CFD Trading Conditions

Broker	Coins	Crypto Spread
XM	5	Variable
RoboForex	6	Variable
Fusion Markets	14	From 0.04%
BlackBull	27	12 average (Bitcoin)
Markets.com	35	114.37 (BTC)
FXCC	31	Variable

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
XM	4.6 / 5	2.0 / 5	3133	4.7 / 5	3.9 / 5
RoboForex	4.4 / 5	2.1 / 5	773	4.7 / 5	4.4 / 5
Fusion Markets	3.6 / 5	4.8 / 5	10051	4.8 / 5	4.4 / 5
BlackBull	4.0 / 5	4.7 / 5	3515	3.7 / 5	3.7 / 5
Markets.com	1.0 / 5	3.6 / 5	1257	3.1 / 5	3.5 / 5
FXCC	4.4 / 5	4.5 / 5	220	4.8 / 5	4.4 / 5

XM

4.8/ 5

Visit XM XM review

With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years.

XM quick facts

FTSE Spread

1.4

GBPUSD Spread

0.8

Stocks Spread

1.79 (Apple)

Leverage

1:1000

Regulator

CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE

Platforms

MT4, MT5, TradingCentral

Coins

BTC, ETH, LTC, XRP, BCH

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

Variable

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$5

Account Currencies

USD, EUR, GBP, JPY, ZAR

Pros

• XM secured a category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates in late 2025, strengthening its regulatory credentials and making it a strong option for traders in the Middle East.
• XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
• XM’s customer support has delivered over years of testing, with 24/7 assistance in 30 languages, response times of under 2 minutes and a growing Telegram channel.

Cons

• Although trusted and generally well-regulated in some regions, XM also has global entities registered with the weak regulators like FSC (Belize) and FSA (Seychelles), whilst UK clients are no longer accepted, reducing its market reach.
• XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable solution for a more beginner-friendly user experience with unique features.
• XM is falling behind the curve by not offering cTrader, which is favored over MetaTrader by some serious traders for its smoother user experience and superior charting package.

Visit XM XM review

RoboForex

4.5/ 5

Visit RoboForex RoboForex review

RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists.

RoboForex quick facts

FTSE Spread

17.5

GBPUSD Spread

0.4

Stocks Spread

0.01

Leverage

1:2000

Regulator

FSC

Platforms

R StocksTrader, MT4, MT5, TradingView

Coins

BTC, ETH, XRP, SOL, DOGE, ADA

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

Variable

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$10

Account Currencies

USD, EUR

Pros

• The broker offers two commission-free withdrawals each month in the Free Funds Withdrawal program, helping day traders to minimize transaction costs.
• In 2026, RoboForex introduced swap-free trading across all accounts, removing overnight interest charges, and potentially appealing to swing forex traders, though spreads and commissions may still apply.
• RoboForex is known for its tight spreads starting from 0 pips and low minimum deposits from $10, making it accessible to those on a budget. The ability to trade with micro lots further lowers the barrier to entry for new traders.

Cons

• Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the FSC in Belize, lowering the level of regulatory protections for traders.
• While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.
• Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.

Visit RoboForex RoboForex 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

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

• Fusion Markets is set up to support algo traders with a sponsored VPS solution and a 25% discount if you opt for the NYC Servers VPS for MT4 or cTrader.
• Fusion Markets continues to impress with its pricing that provides tight spreads with below-average commissions that will appeal to active day traders.
• Fusion Markets offers best-in-class support with very fast, friendly and helpful responses during tests and no frustrating automated chatbot to navigate.

Cons

• The demo account expires after 30 days, limiting its potential as a useful trading tool alongside a real-money account.
• Fusion Market trails alternatives, notably IG, in the education department with limited guides and live video sessions to upskill new traders.
• Traders outside of Australia must sign up with weakly regulated global entities with limited safeguards, though in August 2026 they made negative balance protection available to all eligible accounts.

Visit Fusion Markets Fusion Markets review

BlackBull

4.5/ 5

Visit BlackBull BlackBull review

After improving its trading infrastructure with Equinix servers in London, reducing latency for traders, BlackBull is an obvious choice if you want to day trade stock CFDs with ECN pricing. With competitive spreads and no commission on a growing roster of digital tokens paired with USD, BlackBull also works for active crypto traders.

BlackBull quick facts

FTSE Spread

1.5

GBPUSD Spread

0.5

Stocks Spread

No mark-up

Leverage

1:500

Regulator

FMA, FSA

Platforms

BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist

Coins

BTC, ETH, SOL, XLM, XRP, BCH, ADA, SUI, TRUMP, LNK, DOT, DOGE, AAVE, AXS, HED, LTC, TRX, UNI, PYTH, ARB, BNB, AVAX, NEAR, ILV, ATM, INJ, POLY

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

12 average (Bitcoin)

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$0

Account Currencies

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

Pros

• After partnering with ZuluTrade and Myfxbook, alongside improvements to its own CopyTrader, and finally enabling cTrader Copy, BlackBull offers one of the most comprehensive copy trading experiences we've seen.
• BlackBull offers every ingredient for day traders; fast execution speeds of <100ms and tight spreads from 0.0 pips.
• With two ECN-powered accounts (Standard and Prime), plus Prime+ - an active trader rewards program offering trading rebates - BlackBull accommodates beginners through to high-volume active traders.

Cons

• Although the Education Hub now features improvements like webinars and tutorials, the courses we’ve explored need more focus on explaining the wider economic factors influencing prices.
• Despite a growing selection of 2,180+ assets, including additions to its Asia Pacific indices, they are mainly stocks with an average selection of currency pairs and indices.
• Unlike most top brokers, BlackBull charges an irritating $5 withdrawal fee, which can detract from the overall cost-effectiveness, especially for active traders who frequently move funds.

Visit BlackBull BlackBull review

Markets.com

4.4/ 5

Visit Markets.com Markets.com review

Markets.com is best suited to retail investors who trade frequently but don’t want to calculate commissions, thanks to its spread-only pricing (EUR/USD around 1.3 pips). It especially appeals to short-term traders who value fast execution, flexible asset choice spanning 2,200+ instruments and proprietary tools like hedge fund confidence indices and insider trade alerts.

Markets.com quick facts

FTSE Spread

2.5

GBPUSD Spread

1.5

Stocks Spread

1.53 (Apple)

Leverage

1:500

Regulator

ASIC, CySEC, FSCA, BVI FSC

Platforms

Web Platform, MT4, MT5, TradingCentral

Coins

XLM, PENGU, BTC, XTZ, SNX, YFI, TRX, HLP, HIVE, VAULTA, CRV, RSR, BAT, AAVE, VANA, VIRTUAL, XRP, DOGE, LTC, SKY, XMR, ADA, BCH, DASH, AVAX, BGB, PI, ETH, WLFI, TON, ZRX, SOL, DOT, LINK, UNI

Crypto Mining

✘No

Auto Market Maker

✘No

Crypto Spread

114.37 (BTC)

Crypto Lending

✘No

Crypto Staking

✘No

Minimum Deposit

$200

Account Currencies

USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK, CHF, PLN, CZK

Pros

• Within the 2,200+ CFDs, Markets.com offers thematic baskets like the Warren Buffett Blend and Cannabis Blend, which behaved like ready-made mini-ETFs during testing, saving the work of balancing weights manually.
• Markets.com’s Hedge Fund Confidence and Insider Trading tools pulls SEC filings into the dashboard within 24 hours of disclosure, helping to spot fund moves and C-suite buys before most retail newsfeeds updated.
• Markets.com provides commission-free trading on most assets with spreads starting from around 0.6 pips on major forex pairs, making it cost-effective for casual traders.

Cons

• The proprietary web platform felt a bit basic once we pushed into advanced charting with fewer drawing/indicator options than full TradingView or MetaTrader.
• While CySEC and FSCA oversight is solid, the SVGFSA and BVIFSC entities offers 1:500 leverage under a light-touch framework, meaning protections like compensation schemes and strict conduct rules lag behind the strictest regulatory standards.
• Inactivity charges kick in after just 3 months, while variable spreads are wider than top ECN brokers during testing, which may deter day traders and high-frequency traders.

Visit Markets.com Markets.com review

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

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

• 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.
• 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.
• 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

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.