November 15, 2024 08:34 AM
Cryptocurrency Trading
Trade crypto CFDs with FOREX.com without needing to own the cryptocurrency itself. With competitive spreads on Ripple, Ether and Bitcoin CFDs.
Go long or short on CFDs - Get competitive spreads - Trade without the need for a digital wallet
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Go long or short on crypto CFDs
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Trade on margin with low deposits
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A wealth of risk management tools
Why trade crypto CFDs with FOREX.com?
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Leverage your tradingGain full market exposure with just a percentage of the trade value.*
* With increased leverage comes increased risk
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Range of cryptocurrencies
Trade popular cryptos or choose from thousands of other markets.
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A regulated global CFD broker
FOREX.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority (CIMA).
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Strength and security
We’re part of StoneX Group Inc., a NASDAQ-listed Fortune 100 company with over a century in the financial markets. Combined with our two decades of heritage, you’re in good hands.
Major crypto moves and markets news
Cryptocurrency news and analysis
March 12, 2024 11:00 AM
May 23, 2023 04:09 PM
April 19, 2023 03:30 PM
April 13, 2023 03:04 PM
March 8, 2023 06:59 PM
February 20, 2023 05:13 PM
Award-Winning Mobile Applications
Designed to provide you with instant control wherever you are, you can enjoy one-touch trading, intelligent buy/sell signals, and a customizable design that adapts to your trading style.
TradingView Charts
80 indicators, 11 chart types, and 14 timeframes
Capitalise.ai
Automate your trading with our user-friendly auto-trading strategy builder.
Performance Analytics
Analyze your decision-making with the latest behavioral science technology
What are cryptocurrencies?
Unlike traditional currencies, cryptocurrencies are decentralized, meaning there is no central bank controlling the price and supply.
Most cryptocurrencies are based on blockchain technology, which allows for instant transactions without the need for a third party.
Cryptocurrencies, created and maintained electronically, are produced through a process known as mining, and there is a limited supply.
Since the launch of Bitcoin in 2009, the value of the cryptocurrency market has exceeded $1,000 billion.
Buying Bitcoin vs Bitcoin CFDs
Wondering what the pros and cons are of owning a cryptocurrency vs trading it as a CFD?
Trading CFDs
vs
Owning Cryptos
Ability to go long - buy and take advantage of rising prices
Ability to go short* - sell and take advantage of falling prices
Trade on margin
Trade on volatility - no need to own the asset or have an exchange account
No exchange fees or complicated digital wallets
Crypto CFD FAQs
What is a crypto CFD broker?
A crypto CFD broker is a provider that enables you to speculate on the price of cryptocurrencies – such as Bitcoin – with contracts for difference. Instead of buying the digital currency, you’re taking a position on whether its price will rise or fall.
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What is Bitcoin?
Bitcoin was the first decentralized cryptocurrency. Created in 2009, Bitcoin uses blockchain verification technology to secure and protect peer-to-peer transactions. Like other cryptocurrencies, Bitcoin is decentralized and is not regulated by a central bank or any government.
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Can I short cryptocurrencies on FOREX.com?
Yes, short selling is as easy as buying with spot cryptocurrencies, unlike when you directly purchase cryptocurrencies.
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What’s better: CFDs or crypto?
Buying cryptos means you’re taking ownership of the digital asset, so you’ll need an account with an exchange and a digital wallet to store the crypto in securely. When you trade crypto CFDs, you just need an account with a CFD provider, and as you won’t be taking ownership of the asset, you won’t need a digital wallet.
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What are Cryptocurrencies?
Cryptocurrencies, or cryptos, are a form of decentralized digital currency that is not regulated by a government or central bank. Instead, cryptos use encryption techniques to generate, regulate, and transfer their units. Cryptocurrencies are often stored in virtual wallets (e-Wallets) and are used for peer-to-peer transactions or online stores that accept them.
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If you have more questions visit the Cryptocurrencies FAQ section or start a chat with our support team.