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Trade cryptos the smart way

Go long or short on bitcoin, ether, ripple and more, with up to 1:1000 leverage.

Trading is risky

Find opportunity in the world’s most volatile market.

Cryptocurrencies have disrupted traditional finance, forcing us to reshape our understanding and expectations about money. They’ve also become known for their big price swings, making them an increasingly attractive asset among traders. With FXTM, you can trade crypto CFDs. These allow you to speculate on the price movement of cryptocurrencies, without having to own or store the actual coins.

Key benefits of crypto CFDs

  • Easy access to popular cryptos
  • Potential to profit from rising and falling markets
  • Make your money go further with leverage
  • No need to own or store actual coins

What is cryptocurrency?

Cryptocurrency, or crypto for short, is digital or virtual money that uses secure cryptography (advanced coding and encryption) for transactions and operates on decentralised networks called blockchains. It enables peer-to-peer transactions and payments without the need for an intermediary, like a bank.

FREQUENTLY ASKED QUESTIONS

Traditionally, if you wanted to access cryptocurrencies, you would need to buy the actual coins through a crypto exchange. With FXTM, you’re trading a crypto CFD. This enables you to speculate on the price movement of cryptos like bitcoin, ether, ripple and more, without owning the underlying coins.

Trading crypto CFDs offer many benefits over traditional coin ownership. For instance, you can potentially make a profit whether the crypto price rises or falls and increase your buying power using leverage. It’s also more secure and less hassle. You don’t need to worry about crypto wallets, recovery seeds, cold storage, or crypto exchange hacks.

No, you don’t. Because you don’t own the underlying coins, you don’t need a wallet to store your private keys. There’s also no need for cold storage solutions or recovery seeds.

No, you just need to open an FXTM account. You can trade then trade crypto CFDs, as well as FX, stocks, commodities and indices, under a single login.

Traditionally, crypto trading was the process of buying and selling cryptocurrencies, like bitcoin, through a crypto exchange. When you bought a cryptocurrency, you would take ownership of the underlying coin or token. Crypto CFDs allow traders to speculate on the price movements of cryptocurrencies without owning the underlying coins. This removes the hassle of securely buying and storing crypto, while offering potential opportunities to profit from price moves in both directions.

It’s easy. All you need to do is:
  1. Open an FXTM account. This usually only takes a few minutes.
  2. Deposit funds quickly and easily via one of our payment solutions.
  3. Open the trading platform and find the crypto you want to trade.
  4. Decide whether you want to go long or short and your position size, then place your trade.
Just make sure that you do your research and understand the risks involved with crypto CFD trading. Crypto markets are extremely volatile, and because you’re trading on margin, you could quickly lose money if the market moves against you. To help you manage this risk, you can set a stop-loss via our trade ticket. If triggered, the stop-loss will automatically close your position to help limit your losses.

Crypto trading can be very profitable. Because of the big price swings in crypto markets, there is a high potential for gains. Especially when trading crypto CFDs allows you to potentially profit from price moves in both directions. However, it’s important to note that this volatility also makes crypto trading highly risky. It’s essential that you do your research, start small, and manage your risk effectively.