NEWS: * FP Markets has been named as "Best Global Forex Broker" at the Global Forex Awards 2020 (to add to its award in 2019). SPREADS LATEST: ** Data acquired from our server shows our EURUSD spread to be 0.0 pips on average 55.84% of the time from 01-08-2020 to 31-08-2020 (available for our RAW Spread trading accounts only).

Cryptocurrency CFD Trading

Cryptocurrency CFD Trading
CRYPTOCURRENCIES

Why Trade Cryptocurrency CFDs?

Click here for a full list of our Cryptocurrencies and typical spreads

for a full list of our Cryptocurrencies and typical spreads

Are you ready to be a part of the currency revolution? Cryptocurrency CFDs trading is an exciting space right now especially if you open a trading account with FP Markets which is one of the most popular Cryptocurrency CFD trading platforms where you can trade the top 5 most traded cryptocurrencies on the cryptocurrency market - Bitcoin, Ethereum, XRP (Ripple), Bitcoin Cash, and Litecoin.

What are the benefits of Cryptocurrency trading?

  • Trade without the need for a crypto wallet

  • Great way to diversify your portfolio

  • Cryptocurrency prices are not correlated to any central bank or financial instrument

  • Trade both rising and falling prices in a 24/5 market

  • Trade on leverage with low spreads

What is the Best Platform to Trade Cryptocurrencies?

MetaTrader 4 or 5. The world’s most popular trading platform.

Discover the benefits of trading Cryptocurrencies on one of the most
powerful trading platforms suites available, MetaTrader 4 and 5.
Available across desktop and mobile platforms the MetaTrader 4 and 5
platforms are ready when you are.

Customisable interface, including colours of technical indicators


One-click trading


MarketWatch


Live price streaming on Live accounts and Demo accounts 128-bit
encryption for secure trading


Expert Advisors (EAs)


Customisable alerts


Compatible with iOS, Android and Mac devices

6 Reasons to Choose FP Markets

An Australian regulated Forex broker

Globally Regulated

Segregated client funds
& regulation in Australia

Tighter Spreads

Market leading spreads from
0.0 pips, 24/7

Faster Execution

Low latency
execution under 40ms*

Advanced Platforms

MT4, MT5 & Webtrader
with superior client portal

24/5 Multilingual
Customer Support

Award winning support &
personal account managers

Established in 2005

15 years
trading experience

Why Trade Cryptocurrency CFDs?

Trading cryptocurrencies via CFDs (Contracts for Difference) is a new way to trade this volatile market. FP Markets offers cryptocurrency CFDs in major assets like Bitcoin, XRP (Ripple), Bitcoin Cash, Litecoin and Ethereum, for positions against the US Dollar and Australian Dollar.

Bitcoin (BTC)

Bitcoin is the digital currency with the largest market capitalisation and price levels since its inception in 2008


It dominates 50% of the total crypto market cap


The highest that Bitcoin price has ever reached was in December 2017, when it hit the $19,783 mark


The currency might each much higher price levels in the future and bitcoin cfd trading is on the rise

Litecoin (LTC)

Similar to Bitcoin, LTC differs in terms of scalability.


It takes roughly 2.5 minutes to mine a block, as compared to 10 minutes for Bitcoin.


Litecoin is definitely one of the most popular altcoins out there.


The cryptocurrency Litecoin (LTC/USD) is a fork of Bitcoin (BTC/USD), as its developers copied Bitcoin’s code, made a number of alterations to it and launched a new project.

Ripple (RPL)

A favourite among big banks like Santander and Bank of America, the Ripple network is the next generation real-time gross settlement system


It allows cross-border fund transactions within seconds, at very low costs

Ethereum (ETH)

The second largest cryptocurrency after Bitcoin


It allows developers to create smart contracts on the platform


Ethereum has gained massive popularity over the years, due to its involvement in multiple blockchain projects


Bitcoin Cash (BCH)

Bitcoin Cash was created by the Bitcoin hard fork on August 1, 2017, made a new version of the blockchain with different rules


Bitcoin Cash was created as a result of counteracting a prolonged Bitcoin scalability problem


It works by switching from the main Bitcoin blockchain to a new version, the software now has capacity for a larger number of transactions (by eight megabytes to be exact)

Fulfills the original promise of Bitcoin as “Peer-to-Peer Electronic Cash”. The future shines brightly with unrestricted growth, global adoption, permission less innovation, and decentralized development

An Example of Leveraged
Cryptocurrency CFD Trading

Suppose you want to trade CFDs, where the underlying asset is the BTC/USD a Cryptocurrency, also known as BITCOIN. Let us suppose that the BTC/USD is trading at:

You decide to buy 1 digital coin of BTC/USD because you think that the BTC/USD price will rise in the future. Your margin rate is 50%. This means that you need to deposit 50% of the total position value into your margin account.

Now, in the next hour, if the price moves to 8300.50 /8307.60, you have a winning trade. You could close your position by selling at the current (Bid) price of USD 8300.50

In this case, the price moved in your favor. But, had the price declined instead, moving against your prediction, you could have made a loss. This continuous evaluation of price movements and resultant profit/loss happens daily. Accordingly, it leads to a net return (positive/negative) on your initial margin. In the loss scenario where your Free equity, (account balance+ Profit/Loss) falls below the margin requirements (4067.70), the broker will issue a margin call. If you fail to deposit the money, and the market moves further against you, when your free equity reach the 50% of your initial margin the contract will be closed at the current market price, known as “stop out.”

If the price
of BTC/USD
To You could Gain or Lose
for a Long Position
Resulting in a Return
of the Initial Margin
Rises by 10% 8941.13/8948.23 USD 805.73 299.33%
Rises by 5% 8534.72/ 8541.82 USD 399.32 199.22%
Declines by 10% 7315.47/7322.57 -USD 819.93 -100.50%
Declines by 5% 7721.89/7728.99 -USD413.81 -0.10%

Cryptocurrency Spreads

Symbol Product Standard A/c Raw A/c
Min Avg Min Avg
BTCUSD Bitcoin CFD 2.02 7.66 2.02 7.66
BCHUSD Bitcoin Cash CFD 5 5.04 5 5.04
ETHUSD Ethereum CFD 4.61 4.61 4.61 4.61
LTCUSD Litcoin CFD 3.3 3.31 3.3 3.31
RPLUSD Ripple CFD 0.0005 0.0009 0.0005 0.0009
Are you ready to trade cryptocurrency CFDs? Get started now!


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