Cryptocurrency CFD Trading

Cyptocurrency CFD trading allows you to take advantage of trading the world’s most exciting asset class and
market volatility by trading cryptocurrency CFDs without the need for a digital wallet or cryptocurrency exchange.

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Why Trade Cryptocurrency CFDs?

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

Click here

for a full list of our cryptocurrencies and typical spreads

Are you ready to be a part of the currency revolution? With an FP Markets trading account you can access the cryptocurrency market and trade the most popular cryptocurrencies including Bitcoin, Ethereum, XRP (Ripple), Bitcoin Cash, and Litecoin. There is no requirement for a digital wallet and out cryptocurrency CFD trading platforms allow you trade on both rising and falling prices.

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

FP Markets offers much more than cryptocurrencies trading! We also offer Forex, Commodities,
Shares & Indices on competitive spreads in unparalleled trading conditions.

FP Markets offers much more than cryptocurrencies trading! We also offer Forex, Commodities, Shares & Indices on competitive spreads in unparalleled trading conditions.

What is the Best Platform to Trade cryptocurrencies?

MetaTrader 4 or MetaTrader 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 MetaTrader 5 are the best trading platforms for trading cryptocurrencies and are accessible across desktop and mobile devices.

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

Australian Regulated

Segregated client funds
& regulation in Australia

Tighter Spreads

Market leading spreads from
0.0 pips, 24/5

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 April 2021, when it hit the over US$63,000

We may see new record price levels in the future with Bitcoin CFD trading also 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 decentralised 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 29789,76 / 29799,76, you have a winning trade. You could close your position by selling at the current (Bid) price of USD 29789,76

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, (Equity - Margin) falls below the margin requirements (14799,88), 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 1%	29885,66/29895,76	USD 285,90	2%
Declines by 1%	29293,86/29303,76	USD -305,90	-2%

Cryptocurrency Trading - FAQ

Cryptocurrency
Trading - FAQ

What are Cryptocurrency CFDs?

What are Cryptocurrency
CFDs?

Cryptocurrency CFDs are a new way to trade this revolutionary financial instrument. Just like Forex, you can speculate on the price of major Cryptocurrencies by purchasing a Contract for Difference. FP Markets offers Cryptocurrency CFD trading in Bitcoin, Litecoin, Ripple ,Ethereum and Bitcoin Cash. Read more about Cryptocurrency CFDs.

How do Cryptocurrency CFDs work?

How do Cryptocurrency
CFDs work?

They work using the same concept as other Contracts for Difference (CFDs). You are trading on the difference in price of a Cryptocurrency from the time a trade is opened and closed. Cryptocurrency CFDs allow you to predict the future change in value of a nominated Cryptocurrency. With interest constantly growing in this emerging asset class, increased levels of liquidity are resulting in lower trading costs. Learn How to Buy and Sell Cryptocurrency using CFDs.

What are the benefits of Crypto CFDs?

Trading Crypto CFDs offers several benefits. Unlike trading fiat currencies, you do not own the underlying asset. The benefit of this is that you do not need a Crypto wallet, removing the need to store the asset. In addition, you can trade in rising and falling prices. This creates more trading opportunities in an asset which is considered high risk and volatile.

Cryptocurrency Spreads

Symbol	Product
Symbol	Product	Min	Avg
ADAUSD	Cardano vs US Dollar	-	0.0029
BCHUSD	Bitcoin Cash vs US Dollar	-	2.15
BTCUSD	Bitcoin vs US Dollar	-	9.68
DOGUSD	Dogecoin vs US Dollar	-	0.00111
DOTUSD	Polkadot vs US Dollar	-	0.031
EOSUSD	EOS vs US Dollar	-	0.0036
ETHUSD	Etherium vs US Dollar	-	2.95
LNKUSD	Chainlink vs US Dollar	-	0.058
LTCUSD	Litecoin vs US Dollar	-	0.2
RPLUSD	Ripple vs US Dollar	-	0.0011
SOLUSD	Solana vs US Dollar	-	0.76
XLMUSD	Stellar vs US Dollar	-	0.00241