Cryptocurrency CFD Trading

Cryptocurrency CFD Trading
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CRYPTOCURRENCIES

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.



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 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

Globally 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 December 2017, when it hit the $19,783 USD mark


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 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
Trading - FAQ

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.

Cryptocurrency Spreads

Symbol Product Standard A/c Raw ECN 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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* The average order execution time between the trade being received, processed and confirmed as executed by us is 43 milliseconds. As observed from our bridge provider between 01-11-2020 to 30-11-2020. FP Markets was rated by Investment Trends as the Best for Quality of Trade Execution 2019

** Terms and conditions apply.

DISCLAIMER: This material on this website is intended for illustrative purposes and general information only. It does not constitute financial advice nor does it take into account your investment objectives, financial situation or particular needs. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs. You should consider the information in light of your objectives, financial situation and needs before making any decision about whether to acquire or dispose of any financial product. Contracts for Difference (CFDs) are derivatives and can be risky; losses can exceed your initial payment and you must be able to meet all margin calls as soon as they are made. When trading CFDs you do not own or have any rights to the CFDs underlying assets.

FP Markets recommends that you seek independent advice from an appropriately qualified person before deciding to invest in or dispose of a derivative. A Product Disclosure Statement for each of the financial products available from FP Markets can be obtained either from this website or on request from our offices and should be considered before entering into transactions with us. First Prudential Markets Pty Ltd (ABN 16 112 600 281, AFS Licence No. 286354). FP Markets is a group of companies which include, First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18, Registered Address: Griva Digeni, 109, Aigeo Court, 2nd floor, 3101, Limassol, Cyprus. FP Markets does not accept applications from U.S, Japan or New Zealand residents or residents from any other country or jurisdiction where such distribution or use would be contrary to those local laws or regulations.