FXScouts is Nigeria’s most trusted Forex broker review site. Our team has written 100+ broker reviews and we constantly test to maintain accuracy. This is how we review brokers.

We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.

AuthorBy Chris Cammack
Updated: October 20, 2022

Cryptocurrency trading is a popular addition to CFD trading due to bitcoin’s popularity and the potential to profit from the wild changes in cryptocurrency value. With a rise in interest in cryptocurrency trading, unregulated brokers have sprung up to take advantage of unprepared newcomers. Always trade with a well-regulated broker. 

To test these brokers, we registered for a live trading account, verified the broker’s regulation, and confirmed the trading platform could perform technical analysis, execute trades quickly and with a wide variety of cryptocurrency pairs. More dependable brokers will offer a margin account, providing at least 10:1 leverage on crypto pairs, with trading conditions that won’t exhaust your profits. Always use a demo account to familiarize yourself with CFD trading before risking your capital. These are the best cryptocurrency brokers in Nigeria for 2022, according to our testing and our research.

  • Capital.com - 470+ Cryptocurrencies and 100:1 Leverage
  • Eightcap - 250+ Crypto Pairs and Low Fees
  • FBS - 100+ Crypto Pairs on MT5 and Mobile
  • AvaTrade - Best Mobile Experience for Cryptocurrency Trading
  • IC Markets - Best Cryptocurrency Broker for Beginners
  • BDSwiss - Best Market Research Provider for Cryptocurrency Traders
  • Admirals - Best MetaTrader Crypto Broker
  • easyMarkets - High Leverage Crypto Trading
  • ThinkMarkets - 21 Cryptocurrency Pairs and 24/7 Customer Service

Best Cryptocurrency Brokers 2022

Scroll for more detailsPreviousNext
Broker
Overall Rating
Official Site
Min. Deposit
Cryptocurrency CFDs
Copy Trading
Regulators
Platforms
Compare
Capital.com
4.68 /5
Read Review
Visit Broker >
Your capital is at risk
USD 20
477
FCA Regulated Brokers
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
Capital.com
Eightcap
4.13 /5
Read Review
Visit Broker >
Your capital is at risk
AUD 100
250
ASIC Regulated Forex Brokers
Financial Services Authority – St. Vincent & the Grenadines
Securities Commission of the Bahamas
FCA Regulated Brokers
CySEC Regulated Brokers
FBS
4.23 /5
Read Review
Visit Broker >
Your capital is at risk
USD 1
100
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
FSCA Regulated Forex Brokers
International Financial Services Commission
AvaTrade
4.38 /5
Read Review
Visit Broker >
Your capital is at risk
USD 100
20
ASIC Regulated Forex Brokers
FSCA Regulated Forex Brokers
British Virgin Islands Financial Services Commission
Financial Services Agency
Central Bank of Ireland
Avatrade Social
AvaOptions
IC Markets
4.46 /5
Read Review
Visit Broker >
Your capital is at risk
USD 200
18
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
The Seychelles Financial Services Authority
BDSwiss
4.32 /5
Read Review
Visit Broker >
Your capital is at risk
USD 10
27
Financial Services Commission
The Seychelles Financial Services Authority
Admiral Markets
4.18 /5
Read Review
Visit Broker >
Your capital is at risk
USD 25
42
ASIC Regulated Forex Brokers
CySEC Regulated Brokers
FCA Regulated Brokers
FSCA Regulated Forex Brokers
Jordan Securities Commission
MT Supreme
easyMarkets
3.92 /5
Read Review
Visit Broker >
Your capital is at risk
USD 25
20
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
The Seychelles Financial Services Authority
British Virgin Islands Financial Services Commission
ThinkMarkets
4.18 /5
Read Review
Visit Broker >
Your capital is at risk
USD 0
27
FSCA Regulated Forex Brokers
FCA Regulated Brokers
ASIC Regulated Forex Brokers
The Seychelles Financial Services Authority
CySEC Regulated Brokers
Financial Services Agency
ThinkTrader

How do I choose a Cryptocurrency broker?

Cryptocurrency trading is not available at all brokers. There are several reasons for this, including regulatory conditions – for instance, the Financial Conduct Authority (FCA) has barred all UK-based brokers from offering cryptocurrency CFD trading. For other brokers, it is a business decision not to offer crypto trading, and for some, it is due to platform limitations.

When comparing cryptocurrency brokers, you should consider the following points.

Is the broker well regulated?

Regulation, especially with cryptocurrency trading, is very important. Numerous illicit offshore brokers specialise in cryptocurrency trading, so always verify your broker’s regulation before making a deposit.

Does the broker offer demo accounts?

This free account type should always be a starting point for any trader starting to trade crypto. Cryptocurrency is extremely volatile, and price patterns are much harder to predict, as limited fundamental data is available and all trading is done by examining charts.

What level of leverage is offered?

Leverage is typically much lower for cryptos than for other assets, around 2:1. While using too much leverage in highly volatile markets can devastate a trading account, traders will still want to access some leverage. Check that the leverage amounts match your risk appetite.

The number of cryptocurrency pairs offered

Some cryptocurrency traders will be happy with a smaller number of pairs, limited to Bitcoin, Litecoin and other coins against the USD. However, some brokers offer a wider range of crypto CFDs, which will introduce more variety to your trading. Trading the same few crypto pairs will limit your cryptocurrency trading opportunities, and you will need to find other asset classes, like Forex or commodities, to trade in parallel.

The number of FX pairs offered

Most cryptocurrency traders will also want to trade currencies. Just as the number of crypto pairs is important, so too is the number of FX pairs. The more currency pairs available, the more variety you can have in your trading.

Transaction fees

Brokers may introduce a fee for trading cryptocurrency in addition to the spread. Spreads on cryptocurrency can be a lot wider than on fiat currency pairs, which means that large changes in prices will need to happen for a trader to profit. Overall trading costs can vary widely, from US$5 to US$15 per transaction.


Capital.com – 470+ Cryptocurrencies and 100:1 Leverage

Capital.com is a well-regulated market maker broker with an impressive range of 477 cryptocurrency pairs, including Bitcoin, Litecoin, Ripple, Bitcoin Cash, Ethereum, and DASH.  Traders can choose between the MT4 trading platform or Capital.com’s own sophisticated web-based platform. The single trading account has a minimum deposit requirement of 100 USD, putting it in reach of most beginners.  Cryptocurrency trading is commission-free, and some popular pairs feature leverage of up to 100:1, much higher than most other brokers. Capital.com has another 6000 CFDs to trade, including Forex, indices, commodities, and shares. 

Capital.com provides an extensive and well-organised selection of educational and market analysis materials that cater to traders of all experience levels.  Warranting special mention is its proprietary Capital.comTV, which stages numerous high-quality videos covering a range of trading-related content and trading ideas related to current events.  It also offers numerous in-depth guides, and webinars are held weekly and run by professional technical analyst, David Jones who leads the in-house research team. 

Pros
  • Tight spreads
  • Low minimum deposit
  • Excellent education
Cons
  • Limited account options
AlertAccepts Nigerian Clients. Average spread EUR/USD 0.60 pips on trading account with lowest minimum deposit. Max leverage 100:1. Capital.com custom platform supported. Capital.com Group regulated by the FCA, ASIC, NBRB & CySEC. 87.41% of traders lose money with this provider.

Eightcap – 250+ Crypto Pairs and Low Fees

A well-regulated broker, Eightcap offers low-cost trading on a broad range of cryptocurrency pairs on the MT4 and MT5 trading platforms. With over 250 cryptocurrencies, Eightcap has one of the largest sets of crypto pairs in the industry, including crypto-crosses and crypto indices. Eightcap also boasts some of the tightest crypto spreads, with Bitcoin at 12 USD per coin and Ethereum at 0.45 USD per coin. Additionally, leverage is higher than many other cryptocurrency brokers, up to 20:1, where clients can open trading accounts with a 100 USD minimum deposit.

Pros
  • Great platform choice
  • Excellent education
Cons
  • Limited demo account
  • No swap-free account option
AlertAccepts Nigerian Clients. Average spread EUR/USD 0.00 pips with 7 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4 & MT5 platforms supported. Eightcap Markets is regulated by ASIC, the SCB, & the VFSC.

FBS – 100+ Crypto Pairs on MT5 and Mobile

The FBS crypto account is a good option if you want to try trading cryptocurrencies. Bitcoin, Ethereum, and other digital coins are highly volatile, so traders can profit from rapid price movements. Moreover, unlike traditional markets, crypto trading is available 24/7. The FBS crypto account supports more than 100 instruments, including crypto coins, coin-fiat crosses, coin-coin crosses, and coin-metal crosses.

FBS offers excellent trading conditions: low spreads, fixed leverage at 1:5, and easy deposits and withdrawals in both fiat and crypto. You can also start with a Demo Crypto account to try trading without any risk. The FBS Crypto account is available on MetaTrader 5 on desktop but is also available with the FBS Trader mobile app. The FBS Trader app is more user-friendly and  better for beginners interested in trading crypto.

 
Pros
  • Tight spreads
  • Low minimum deposit
  • Excellent education
  • Excellent market analysis
Cons
  • Limited range of assets
  • Extreme leverage
AlertAccepts Nigerian Clients. Average spread EUR/USD 0.80 pips on trading account with lowest minimum deposit. Max leverage 3000:1. Islamic account available. MT4 & MT5 platforms supported. FBS is regulated by ASIC, CySEC, the FSCA, and the IFSC.

Avatrade – Best Mobile Experience for Cryptocurrency Trading

A well-regulated market maker, Avatrade provides a reliable, user-friendly trading environment on a range of platforms, including its innovative mobile app – AvaTradeGO.  AvatradeGO allows traders to view their trades at a glance, create watchlists, and view live prices and charts.  It also allows traders to trade on more than 250 instruments, including 20 cryptocurrencies on its mobile app. 

Avatrade supports cryptocurrency trading 24/7, which means that traders can operate on the weekend.  Furthermore, unlike many other brokers that restrict clients by only allowing crypto to crypto trading, Avatrade clients can trade cryptos against Fiat currencies (USD, EUR, and JPY).  Lastly, Avatrade offers some of the best trading conditions on cryptocurrencies, but leverage is limited to 20:1 because of the volatility of the market.

Pros
  • Good for beginners
  • Well regulated
  • Low minimum deposit
Cons
  • Dealing desk
  • Limited market analysis
AlertAccepts Nigerian Clients. Average spread EUR/USD 0.90 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & MT5 platforms supported. AvaTrade Group regulated by ASIC, FSCA, B.V.I FSC & FSA.

IC Markets – Best Cryptocurrency Broker for Beginners

A beginner-friendly broker famous for its raw Forex spreads, IC Markets also offers trading on 12 cryptocurrency pairs.  Cryptocurrency trading is available 24/7 and IC Markets provides 24/7 customer support, which is also great for weekend traders and beginners who are trying to find their footing.  Leverage on cryptocurrencies is up to 5:1 and all fees are included in the variable spreads. IC Markets offers a broad range of trading platforms, including MT4, MT5, and cTrader. Beginners may also be interested in IC Markets’ copy trading platforms such as Zulutrade, and Myfxbook Autotrade.

IC Markets also offers an impressive array of course material, including video tutorials, articles, frequent webinars, and IC Markets’ WebTV.  It also provides an extensive hub of market analysis materials including fundamental analysis, technical analysis, and an up-to-date market news section. 

Pros
  • Well regulated
  • Tight spreads
  • Wide range of assets
  • Great platform choice
Cons
  • High minimum deposit
  • Limited market analysis
AlertAccepts Nigerian Clients. Average spread EUR/USD 0.10 pips with 7 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5 & cTrader platforms supported. IC Markets is regulated by CySEC, ASIC, and the FSA.

BDSwiss – Best Market Research Provider for Cryptocurrency Traders

A well-regulated market maker, BDSwiss offers trading 20 cryptocurrency pairs available for trading, including Bitcoin, Litecoin, Ripple, and Ethereum, no commissions are charged, and BDSwiss offers leverage of up to 5:1.  With a broad range of other tradable assets on three live accounts, BDSwiss offers full support for MT4, MT5, and its bespoke BDSwiss Webtrader application, featuring an extensive set of analysis tools and advanced charting. 

The BDSwiss Trading academy and its associated market analysis materials are the best in the industry.  Curated by a team of renowned market analysts and professional traders that provide 24/5 market news coverage, it is well-recognised by the global industry and its research team is often featured in world-leading publications and financial news outlets.

Pros
  • Tight spreads
  • Good for beginners
  • Wide range of assets
Cons
  • Expensive withdrawals
AlertAccepts Nigerian Clients. Average spread EUR/USD 1.50 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & MT5 platforms supported. BDSwiss is regulated by CySEC, FSC, and the FSA-Seychelles.

Admirals – Best MetaTrader Crypto Broker

Admirals, formerly known as Admiral Markets, is an Australian broker offering trading on a wide range of assets, including 40+ Forex pairs, 32 cryptocurrency CFDs, metals, energies, commodities, indices, shares, ETFs, and bonds.  Cryptocurrency trading is offered on both the MT4 and MT5 trading platforms, but traders can only choose between four crypto pairs on MT4. For the full range of 32 cryptocurrencies, traders must use MT5. Cryptocurrency assets include 22 cryptocurrency pairs crossed with Fiat currencies and 10 cryptocurrency cross pairs. The minimum deposit on the trading accounts is 100 EUR/GPB/AUD, leverage on crypto is up to 2:1, and trading is open 24/7 on pairs with EUR and digital crosses.  No commissions are charged. 

Admirals offers its own customised plugin for MetaTrader, known as the MetaTrader Supreme Edition.  This custom plugin was built by MetaQuotes for Admirals and adds powerful features to both the MT4 and MT5 platforms.  Included in the MetaTrader Supreme Edition is the Global Opinion toolset, which scans and contextualises millions of financial news stories and social media posts, providing traders with a dynamic view of market sentiment.

Pros
  • Well regulated
  • Excellent education
  • Wide range of assets
Cons
  • Expensive withdrawals
AlertAccepts Nigerian Clients. Average spread EUR/USD 0.80 pips with 0.0 USD commission round turn on the trading account with lowest minimum deposit. Max leverage 500:1. Islamic account available. MT4, MT5 & MT4 Supreme Edition platforms supported. Admiral Markets is regulated by the FCA, ASIC, CySEC, and the JSC.

easyMarkets – High Leverage Crypto Trading

Founded in 2001, easyMarkets is a well-regulated market maker offering trading on Bitcoin, Ethereum, Ripple, Litecoin, Stellar, and Bitcoin Cash. While easyMarkets only offers six cryptocurrencies, they are the most traded in the world and it also offers higher leverage than most other crypto brokers. Leverage is up to 1:30 on the easyMarkets platform and app and 1:20 on MT4.

easyMarkets has a history as one of the most innovative brokers in the industry and was the first broker to introduce negative balance protection and a guaranteed stop-loss.  It has continued to innovate with tools such as easyTrade, Freeze Rate, and dealCancellation to help traders manage risk. Trading is offered on its own beginner-friendly platform and app as well as MT4, and easyMarkets allows scalping, hedging, and algorithmic trading.    

easyMarkets’ Standard Account requires a minimum deposit of only 25 USD – making it accessible to beginner traders. easyMarkets does not charge any deposit or withdrawal fees and provides negative balance protection for all traders. 

Pros
  • Well regulated
  • Wide range of assets
  • Innovative trading tools
Cons
  • Limited platform choice
  • Limited account options
AlertAccepts Nigerian Clients. Average spread EUR/USD 1.80 pips on trading account with lowest minimum deposit. Max leverage 400:1. Islamic account available. MT4 & the proprietary easyMarkets platform are supported. easyMarkets is regulated by CySEC, ASIC, and the FSA in Seychelles.

ThinkMarkets – 21 Cryptocurrency Pairs and 24/7 Customer Service

ThinkMarkets offers trading on 21 cryptos, a wider range than is typically available at other brokers, including Bitcoin, Bitcoin Cash, Ethereum, Dash, and XRP.  Leverage is reasonable at 10:1 for Bitcoin and Ethereum, but lower for the less common coins. The cryptocurrency market never stops, and cryptocurrency traders will appreciate ThinkMarkets’ 24/7 customer service via phone, email, and live chat. Traders can choose between three different trading platforms: ThinkTrader, the next-generation MetaTrader 5 and the popular MetaTrader 4. Cryptocurrency trading is also available on the ThinkTrader mobile app.

Pros
  • Low minimum deposit
  • Well regulated
  • Great platform choice
Cons
  • Limited market analysis
  • Non-transparent spreads
AlertAccepts Nigerian Clients. Average spread EUR/USD 1.20 pips with 0.0 USD commission round turn on the trading account with lowest minimum deposit. Islamic account available. MT4 & MT5 platforms supported. ThinkMarkets is regulated by the FSCA, FCA, and ASIC.

How Does Cryptocurrency Trading Work?

An introduction to cryptocurrencies and how to trade them

A cryptocurrency (or “crypto”) is a digital currency that uses cryptography to secure online transactions. Cryptocurrencies are typically decentralised in nature, rather than being controlled by a single authority. Blockchain technology is used to record all transactions in an online public ledger, separate copies of which are maintained by different users around the world.

Cryptos such as Bitcoin and Ethereum have become popular with traders due to their volatility, which has delivered huge profits to some traders and investors.

There are two main ways of trading cryptos: via a broker or via a cryptocurrency exchange. This article seeks to explain the advantages to traders of using a broker over an exchange. However, you should be aware that, with the rise in interest in cryptocurrency trading, unregulated brokers have sprung up to take advantage of unprepared newcomers. We recommend that you always trade with a well-regulated broker.

Advantages of using a cryptocurrency broker

The main choice facing traders who wish to enter the crypto sector is whether to use a broker or an exchange. The latter is a place where buyers and sellers meet to exchange cryptos for either fiat currencies* (such as the dollar) or for other cryptos, and where prices are based on market valuations. The exchange of fiat currencies and/or cryptocurrencies takes place directly between buyers and sellers, with the exchange operator providing the platform. This type of trading is most suitable for more advanced traders.

A broker, by contrast, acts as an intermediary but can also act as the other side of the trade, i.e. the counterparty. This type of trading is more suitable for beginners. Rather than selling cryptos directly to traders, brokers focus on allowing traders to speculate on cryptos using financial tools such as CFDs – a route into the crypto world that offers significant advantages.

The following subsections examine the main advantages of using a broker over an exchange.

More suitable for beginners

If you haven’t traded cryptos before, brokers offer a number of benefits over an exchange. They provide a wide range of educational materials, for example, that help you to learn all about cryptos and the various ways you can trade them, as well as successful strategies and how to implement them.

By contrast, many exchanges do not actively support those interested in crypto trading with the likes of educational lessons, news and blog articles. Many losses have been suffered by inexperienced traders simply because they didn’t have a basic knowledge of cryptos and/or trading, and didn’t understand how a cryptocurrency exchange works.

Critically, a broker will allow you to open a demo account where you can trade with virtual money rather than your hard-earned savings. You can practise on these demo accounts until you feel that you understand the market, know how to trade successfully and feel comfortable enough to risk your own money.

Cryptocurrency Broker Diagram (Bitpanda)

Figure 1: How to trade cryptos with a broker (Source: Bitpanda.com)

A wide range of trading tools

You can also use financial instruments, including Contracts for Difference (CFDs), to trade cryptos – a method that can be very advantageous for a variety of reasons:

Margins

When you trade cryptos using CFDs, you can exploit the concept of leverage to maximise your exposure and potential profits. That is because you only need to put down a relatively small amount of money (known as the margin) to make a trade, with the broker lending you the rest.

For example, if a broker offers a CFD leverage ratio of 2:1, you put down a margin of 50 per cent on each trade. If the price moves by 5 per cent, the CFD trader will actually make a profit of 10 per cent on that margin (or alternatively a loss of 10 per cent if the trade goes the wrong way). This means that CFD traders can earn a large amount of money quickly, but can lose money equally rapidly.

Trade both ways

Trading cryptos using CFDs allows you to speculate on whether the price of a crypto will rise or fall. If you go “long”, you use a CFD to buy the crypto and will profit if its price goes higher. When you go “short”, you are effectively selling the crypto at one price in the belief that it will go lower. You can then buy it back and pocket the difference between the sell price and the buy price.

Imagine, for example, you open a position to short-sell Bitcoin (BTC) via CFDs. If Bitcoin is trading at US$40,000 and you are offered leverage of 2:1, you could open a position to sell 1 BTC with a deposit or margin of US$20,000. If the market falls, as you anticipated, to US$35,000, you could then close your position by buying 1 BTC. To calculate your profit, you would just have to take the difference between the opening and closing prices: in this case, US$40,000 minus US$35,000 = US$5000.

By contrast, while some exchanges offer short-selling facilities, this involves borrowing the actual asset from the exchange or a third party and selling it on the market. If the market price did fall, you would then be able to buy the Bitcoin back at a lower price, return it to the owner, and profit from the change in price. You wouldn’t be offered margin, however.

Ability to hedge

You can also use CFDs to protect positions you have in cryptos. This involves opening trades so that a gain or loss in one position is offset by changes in the value of the other position. Using CFDs to hedge allows you to insure positions without owning the underlying crypto. This allows you to speculate on the price of the crypto without ever having to worry about opening an exchange account or creating a digital wallet.

Imagine, for example, you own 2 BTC and, although you believe the asset’s price will rise in the long run, you are concerned about short-term volatility. Instead of selling the BTC, you could open a CFD trade to short BTC. Once any negative price movement is over, you could close your direct hedge, and any profits you make would help offset any losses to your cryptocurrency holding. Alternatively, if the price of BTC rose, the profits from your holdings would offset any loss incurred by your BTC CFD.

Security

Trading cryptocurrency can be a risky business and not just because of the vagaries of the marketplace. If you trade cryptos directly, rather than through CFDs, you need to know they are stored safely. While broker’s accounts have insurance and other protections in place to keep your money safe, the same is not always true of digital currency exchanges. Moreover, if you trade cryptos via CFDs, you need not be concerned about security since you never own the underlying asset.

Flexibility

An exchange allows you to buy and sell, for example, Bitcoin for dollars or to exchange it for another crypto, such as Ethereum. Different exchanges offer different trading pairs, so the one you choose is a matter of personal preference. But if, for example, you open an account in dollars, you can only trade related pairs, such as the US dollar against Bitcoin (USD/BTC) or the US dollar against Ethereum (USD/ETH). By contrast, if you use a broker, you deposit money into your account and can then use various trading pairs, not limited to the currency of deposit.

Trading cryptos via CFDs allows you to close a position at any time during the trading day. That means you can hold a position for as long as you want, be it seconds, minutes or hours – an important consideration given the severe price volatility cryptos can experience. You can even hold a position overnight, although there will be a charge for doing so. Moreover, many brokers offer a variety of options when it comes to trade size, allowing a wide range of traders to access the market. This includes beginners and casual traders seeking to experiment with investment strategies while limiting their risk by focusing on small trades.

Buying and selling cryptos directly via an exchange requires the creation of an exchange account and a digital wallet to store the asset. This process can be restrictive and time-consuming. None of this is necessary when trading cryptos via CFDs because you don’t own the underlying asset.

*A government-issued currency that is not backed by a commodity such as gold.

The advantages of trading cryptos

We believe the best way of trading cryptos is by using CFDs via a regulated broker. The advantages and disadvantages discussed in this section relate to CFDs.

Huge profit potential

The crypto market is relatively new but has experienced significant volatility due to huge amounts of short-term speculative interest, and that makes it highly attractive to traders. The higher the volatility, the greater the potential profits, while rapid intraday price movements can provide a range of opportunities for traders to go long and short. But remember, it is important to have a risk strategy in place. Fortunately, you can implement a variety of such strategies when using CFDs.

Bitcoin Price Chart all time.

Figure 2: The volatile world of Bitcoin (US$), 2014 to end 2021 (Source: Crypto.com)

Ability to go long/short

When you buy crypto directly via an exchange, you are typically purchasing the asset upfront in the hope that it increases in value. But when you trade the price of a cryptocurrency via a CFD, you can take advantage of markets that are falling in price, as well as those that are rising.

Leverage maximises profit potential

By using CFDs to trade cryptos, you can trade on margin and boost your exposure to the underlying asset. The profit or loss you make from your cryptocurrency trades will reflect the full value of the position at the point it is closed, so trading on margin offers you the opportunity to make large profits from a relatively small investment.

Convenience and security

If you use CFDs, you don’t have to worry about how to safely store your cryptocurrency. Cryptos don’t have the same type of protection as money in a bank account or investments made through a broker. So, if you lose access to your crypto, it’s most likely gone for good. Studies suggest that around 20 per cent of all Bitcoins, for example, have been lost.

Flexibility

You can close a crypto position at any time during the trading day when you use CFDs. That means you can hold a position for as long as you want, be it seconds, minutes or hours. That is an important consideration given the sometimes extreme volatility exhibited by cryptos.

The disadvantages of trading cryptos

Volatility

Just as the wild ride offered by cryptos offers traders huge potential for making profits, the flip side is equally true. Fortunately, trading cryptos via CFDs means you can take out some form of insurance by hedging your positions, such as selling short as well as long, and instituting stop-loss orders.

Leverage

While leverage magnifies the profit potential of trading cryptos, the reverse is also true: it significantly increases the risk that you could lose a lot of money. Indeed, the losses could exceed your initial deposit for an individual trade, which is why it is vital you consider the total value of the leveraged position before trading CFDs.

It is easy to take on too much risk

Because the cost of trading CFDs is low, due to leverage, it is easy for investors to be lulled into a false sense of security and take on more trades than is prudent. This can leave them overexposed to the markets at any given time, such that their remaining capital would be insufficient to cover losses across the portfolio. If multiple positions go wrong, it can spell financial ruin for those who adopt a less than cautious approach to CFD trading.

Lack of ownership

This is another characteristic of CFDs that brings benefits but also disadvantages. Because you don’t own the underlying asset, you can’t gain from the benefits of ownership, such as the income provided at set periods by shares or bonds. Even if you factor in forthcoming dividend declarations when buying CFDs in shares, for example, you will only benefit at a fractional rate compared with the payout involved in actual share ownership.

Limited advantages over time

Because of the above point and others, you should only view CFDs as a short-term trading strategy, rather than a long-term investment option. Overnight financing charges alone can render the cost of long-term ownership of long positions prohibitive.

Counterparty risk

This relates to the risk that the counterparty to the trade, the broker in the case of CFDs, could default on the deal. Such risk is minimised by choosing a reputable broker in a well-regulated legal environment, but it still cannot be overlooked.

All Brokers with Cryptocurrency Trading

These are all the brokers we have reviewed that provide cryptocurrency trading, ordered by the number of cryptocurrency pairs offered. 

Scroll for more detailsPreviousNext
Broker
Overall Rating
Min. Deposit
Crypto Pairs
No. of FX Pairs
Unlimited Demo Account
Copy Trading
Regulators
Compare
Capital.com
4.68 /5
Read Review
USD 20
477
137
FCA Regulated Brokers
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
Eightcap
4.13 /5
Read Review
AUD 100
250
45
ASIC Regulated Forex Brokers
Financial Services Authority – St. Vincent & the Grenadines
Securities Commission of the Bahamas
FCA Regulated Brokers
CySEC Regulated Brokers
FBS
4.23 /5
Read Review
USD 1
100
37
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
FSCA Regulated Forex Brokers
International Financial Services Commission
eToro
3.63 /5
Read Review
USD 200
76
49
CySEC Regulated Brokers
FCA Regulated Brokers
ASIC Regulated Forex Brokers
The Seychelles Financial Services Authority
LiteForex
3.87 /5
Read Review
USD 50
66
56
CySEC Regulated Brokers
Financial Services Authority – St. Vincent & the Grenadines
Skilling
4.07 /5
Read Review
USD 100
57
73
CySEC Regulated Brokers
Finansinspektionen
Bundesanstalt für Finanzdienstleistungsaufsicht
The Seychelles Financial Services Authority
XTB
4.29 /5
Read Review
USD 0
49
57
CySEC Regulated Brokers
FCA Regulated Brokers
Dubai Financial Services Authority
International Financial Services Commission
Komisja Nadzoru Finansowego
Hantec Markets
3.63 /5
Read Review
USD 100
48
130
ASIC Regulated Forex Brokers
Financial Services Agency
FCA Regulated Brokers
Financial Services Commission
Jordan Securities Commission
Infinox
4.03 /5
Read Review
GBP 1
43
49
Securities Commission of the Bahamas
FCA Regulated Brokers
Financial Services Commission
FSCA Regulated Forex Brokers
Admiral Markets
4.18 /5
Read Review
USD 25
42
50
ASIC Regulated Forex Brokers
CySEC Regulated Brokers
FCA Regulated Brokers
FSCA Regulated Forex Brokers
Jordan Securities Commission
Exness
4.12 /5
Read Review
USD 3
34
100
FSCA Regulated Forex Brokers
The Seychelles Financial Services Authority
Capital Markets Authority
XM
4.25 /5
Read Review
USD 5
31
57
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
FCA Regulated Brokers
International Financial Services Commission
FxPro
4.29 /5
Read Review
USD 100
30
70
FCA Regulated Brokers
CySEC Regulated Brokers
FSCA Regulated Forex Brokers
Dubai Financial Services Authority
Securities Commission of the Bahamas
HYCM
4.02 /5
Read Review
USD 100
30
70
CySEC Regulated Brokers
FCA Regulated Brokers
Dubai Financial Services Authority
Finansinspektionen
Bundesanstalt für Finanzdienstleistungsaufsicht
Cayman Islands Monetary Authority
Financial Services Authority – St. Vincent & the Grenadines
OctaFX
4.27 /5
Read Review
USD 25
30
35
CySEC Regulated Brokers
Finansinspektionen
Financial Services Authority – St. Vincent & the Grenadines
BDSwiss
4.32 /5
Read Review
USD 10
27
50
Financial Services Commission
The Seychelles Financial Services Authority
ThinkMarkets
4.18 /5
Read Review
USD 0
27
46
FSCA Regulated Forex Brokers
FCA Regulated Brokers
ASIC Regulated Forex Brokers
The Seychelles Financial Services Authority
CySEC Regulated Brokers
Financial Services Agency
RoboForex
3.71 /5
Read Review
USD 10
26
40
International Financial Services Commission
Markets.com
4.58 /5
Read Review
USD 100
25
67
FCA Regulated Brokers
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
FSCA Regulated Forex Brokers
British Virgin Islands Financial Services Commission
AvaTrade
4.38 /5
Read Review
USD 100
20
55
ASIC Regulated Forex Brokers
FSCA Regulated Forex Brokers
British Virgin Islands Financial Services Commission
Financial Services Agency
Central Bank of Ireland
easyMarkets
3.92 /5
Read Review
USD 25
20
63
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
The Seychelles Financial Services Authority
British Virgin Islands Financial Services Commission
HFM (HotForex)
4.43 /5
Read Review
USD 5
19
53
CySEC Regulated Brokers
FCA Regulated Brokers
FSCA Regulated Forex Brokers
Dubai Financial Services Authority
Financial Services Commission
The Seychelles Financial Services Authority
Pepperstone
4.61 /5
Read Review
USD 0
19
70
FCA Regulated Brokers
ASIC Regulated Forex Brokers
CySEC Regulated Brokers
Dubai Financial Services Authority
Bundesanstalt für Finanzdienstleistungsaufsicht
Securities Commission of the Bahamas
Capital Markets Authority
IC Markets
4.46 /5
Read Review
USD 200
18
64
CySEC Regulated Brokers
ASIC Regulated Forex Brokers
The Seychelles Financial Services Authority
IFC Markets
3.60 /5
Read Review
USD 5
15
49
CySEC Regulated Brokers
British Virgin Islands Financial Services Commission
Labuan Financial Services Authority
NordFX
3.53 /5
Read Review
USD 10
15
33
CySEC Regulated Brokers
Vanuatu
Weltrade
2.67 /5
Read Review
USD 25
15
37
Financial Services Authority – St. Vincent & the Grenadines
Errante
3.77 /5
Read Review
USD 50
14
50
CySEC Regulated Brokers
The Seychelles Financial Services Authority
FXCC
3.78 /5
Read Review
USD 0
14
71
CySEC Regulated Brokers
JustMarkets
3.18 /5
Read Review
USD 1
14
65
The Seychelles Financial Services Authority
CySEC Regulated Brokers
Vanuatu
IQ Option
2.68 /5
Read Review
USD 10
12
33
Swissquote
4.00 /5
Read Review
USD 1000
12
130
FCA Regulated Brokers
Swiss Financial Market Supervisory Authority
Monetary Authority of Singapore
Bundesanstalt für Finanzdienstleistungsaufsicht
Finansinspektionen
Dubai Financial Services Authority
Trade.com
3.42 /5
Read Review
USD 100
12
55
CySEC Regulated Brokers
FCA Regulated Brokers
FSCA Regulated Forex Brokers
Axi
4.34 /5
Read Review
USD 0
11
70
FCA Regulated Brokers
ASIC Regulated Forex Brokers
Financial Markets Authority of New Zealand
Dubai Financial Services Authority
Financial Services Authority – St. Vincent & the Grenadines
Fondex
4.14 /5
Read Review
USD 1
11
80
CySEC Regulated Brokers
Finansinspektionen
Bundesanstalt für Finanzdienstleistungsaufsicht
The Seychelles Financial Services Authority
FP Markets
4.22 /5
Read Review
AUD 100
11
70
ASIC Regulated Forex Brokers
CySEC Regulated Brokers
MultiBank
3.87 /5
Read Review
USD 50
11
50
Financial Services Commission
ASIC Regulated Forex Brokers
Monetary Authority of Singapore
Bundesanstalt für Finanzdienstleistungsaufsicht
British Virgin Islands Financial Services Commission
Vanuatu
Cayman Islands Monetary Authority
Go Markets
4.44 /5
Read Review
USD 200
10
49
ASIC Regulated Forex Brokers
CySEC Regulated Brokers
Financial Services Agency
Financial Services Commission
IG Markets
4.69 /5
Read Review
USD 0
10
80
FCA Regulated Brokers
ASIC Regulated Forex Brokers
FSCA Regulated Forex Brokers
Bundesanstalt für Finanzdienstleistungsaufsicht
Swiss Financial Market Supervisory Authority
Monetary Authority of Singapore
Financial Markets Authority of New Zealand
Dubai Financial Services Authority
Financial Services Agency
Commodity Futures Trading Association
Finansinspektionen
LegacyFX
3.43 /5
Read Review
USD 500
10
49
CySEC Regulated Brokers
Vanuatu
ACY Securities
4.08 /5
Read Review
USD 50
9
63
ASIC Regulated Forex Brokers
Vanuatu
FIBO Group
3.50 /5
Read Review
USD 0
9
43
CySEC Regulated Brokers
Bundesanstalt für Finanzdienstleistungsaufsicht
Finansinspektionen
British Virgin Islands Financial Services Commission
Financial Services Commission
Tickmill
4.48 /5
Read Review
USD 100
8
62
CySEC Regulated Brokers
FCA Regulated Brokers
Labuan Financial Services Authority
FSCA Regulated Forex Brokers
The Seychelles Financial Services Authority
Tradersway
2.85 /5
Read Review
USD 5
8
38
FXCM
4.18 /5
Read Review
USD 50
7
45
FCA Regulated Brokers
ASIC Regulated Forex Brokers
FSCA Regulated Forex Brokers
CySEC Regulated Brokers
Bermuda Monetary Authority
ICM Capital
3.61 /5
Read Review
USD 0
7
48
FCA Regulated Brokers
Financial Services Commission
Swiss Financial Market Supervisory Authority
Finansinspektionen
Financial Services Authority – St. Vincent & the Grenadines
Fortrade
4.18 /5
Read Review
USD 100
6
50
FCA Regulated Brokers
ASIC Regulated Forex Brokers
Investment Industry Regulatory Organization of Canada
Darwinex
3.52 /5
Read Review
USD 500
5
42
FCA Regulated Brokers
CySEC Regulated Brokers
Global Prime
4.19 /5
Read Review
USD 200
5
49
ASIC Regulated Forex Brokers
The Seychelles Financial Services Authority
Vanuatu
IronFX
3.54 /5
Read Review
USD 50
5
83
CySEC Regulated Brokers
FCA Regulated Brokers
ASIC Regulated Forex Brokers
FSCA Regulated Forex Brokers
Spreadex
3.86 /5
Read Review
USD 0
5
60
FCA Regulated Brokers
FXPRIMUS
4.11 /5
Read Review
USD 15
4
43
CySEC Regulated Brokers
Vanuatu
Oanda
4.25 /5
Read Review
USD 0
4
45
FCA Regulated Brokers
ASIC Regulated Forex Brokers
Monetary Authority of Singapore
Investment Industry Regulatory Organization of Canada
British Virgin Islands Financial Services Commission
The Seychelles Financial Services Authority
TrioMarkets
3.58 /5
Read Review
USD 500
4
63
CySEC Regulated Brokers
Financial Services Commission
Dubai Financial Services Authority
Dukascopy
2.98 /5
Read Review
USD 100
3
61
Swiss Financial Market Supervisory Authority
Financial Services Agency
ETX Capital
4.07 /5
Read Review
GBP 100
3
62
FCA Regulated Brokers
FSCA Regulated Forex Brokers
CySEC Regulated Brokers

Cryptocurrency vocabulary

There is a wide range of new terms you should be aware of before you try trading cryptos. The main ones are listed below.

Altcoin

This refers to any type of crypto that is not Bitcoin. Altcoins share similarities with Bitcoin but can also vary in key respects, such as using a different mechanism to validate transactions.

Bitcoin

Bitcoin was the first crypto. It came into existence in January 2009, when an unknown author using the pseudonym Satoshi Nakamoto mined the genesis block.

The total value of the crypto market is now estimated at around US$2 trillion. Interest among small traders and investors took off in 2017, after the price of Bitcoin reached US$20,000 per coin.

Bitcoin Cash

Bitcoin Cash is a peer-to-peer crypto created in August 2017 as a “fork” (see below) of Bitcoin. While Bitcoin is believed to be too volatile to be useful as a currency, Bitcoin Cash is designed for transactions.

Block

Blocks are where the data related to the Bitcoin network are permanently recorded. Blocks contain the records of valid transactions that have taken place on the network, so a block is effectively like a page of a ledger or record book.

Blockchain

The blockchain is a digital form of record-keeping and the underlying technology behind cryptocurrencies. It is a system of recording information in a way that makes it difficult or impossible to change, hack or cheat the system. The blockchain is composed of sequential blocks that build upon one another, creating a permanent and unchangeable ledger of transactions.

Coin

A coin is a crypto or digital currency that is independent of any other blockchain or platform. As a single unit of currency, a coin can be traded for an agreed-upon value, depending on current market conditions. Some blockchains, like Bitcoin, have the same name for both the network and the coin.

Coinbase

Coinbase is an exchange that offers a secure online platform for buying, selling, transferring and storing digital currency. In April 2021, it became the first crypto exchange to go public on the NASDAQ.

Cold wallet/hardware wallet/cold storage

A cold wallet, also known as a hardware wallet or cold storage, is a physical device that offers a secure method of storing your crypto offline. Many look like USB drives.

Cryptocurrency

Cryptocurrency is decentralised digital money based on blockchain technology. The most well-known cryptos are Bitcoin and Ethereum, but there are more than 5000 different cryptocurrencies in circulation. Cryptos can be used to buy and sell things, as a long-term store of value, or for speculative purposes.

Decentralisation

In blockchain technology, decentralisation refers to the transfer of control and decision-making from a central authority to a distributed network, so reducing the level of trust that participants must place in one another. It also undermines the ability of one entity to exert authority or control over others. Blockchains require majority approval from all users to operate and make changes.

Decentralised finance (DeFi)

DeFi aims to provide financial services without intermediaries, such as banks or governments, using automated protocols on blockchains and stablecoins (see below) to facilitate fund transfers.

Decentralised applications (Dapps)

A decentralised application is an application built on a decentralised network that combines a smart contract, a programme that runs on blockchain, and a front-end user interface. The vast majority of dapp development is on the Ethereum blockchain. Dapps allow users to carry out transactions with each other without intermediaries.

Digital gold

This term can have two meanings. One is a form of digital money based on units of gold. However, cryptos are often referred to as digital gold because they share some of the characteristics of physical gold, having a limited supply and acting as a haven in times of trouble and a store of value and protection against inflation.

Ethereum

The second-largest cryptocurrency by trade volume, Ethereum is a decentralised, blockchain-based platform that facilitates the use of smart contracts and the creation of decentralised apps or “dapps”. It also has a native cryptocurrency called Ether (or “ETH”).

Exchange

An exchange is a digital marketplace where you can buy and sell cryptos.

Fork

A fork occurs when a blockchain’s users make changes to the rules (known as protocols) of the blockchain. This often results in the creation of two paths: one follows the old rules, while the other is a new blockchain that splits off from the previous one.

Gas

The term “gas” refers to the fee that must be paid to successfully conduct a transaction or execute a contract on the Ethereum blockchain platform.

Genesis block

The genesis block is the first block of a cryptocurrency ever produced.

HODL

This term is often interpreted as meaning “Hold On for Dear Life”. It originated from a user typo in an online Bitcoin forum in 2013 and refers to a buy-and-hold investment strategy executed in the belief that the cryptocurrency will increase in value over the long term.

Halving

Halving is a method of controlling the supply of Bitcoin (in contrast with traditional currencies like the US dollar, which are essentially unlimited in supply and lose value when governments print too much of them). Halving involves cutting in half the number of new units entering circulation. Bitcoin last halved on 11 May 2020, and the next halving is expected in 2024.

Hash

A hash is a function that generates a fixed-length character string from data records of any length. A data record can be a word, a sentence, a longer text or an entire file. A hash is used for security purposes and constitutes the backbone of crypto security.

Hot wallet

A hot wallet is a form of cryptocurrency storage that is connected to the internet and can be accessed through your computer or phone. Because they are online, hot wallets are more susceptible to hacking and cybersecurity attacks than offline wallets (also known as cold wallets – see above).

Initial coin offering (ICO)

An initial coin offering is a method of raising funds for a new cryptocurrency project. ICOs are similar to initial public offerings (IPOs) of stocks.

Market capitalisation

The market capitalisation of a cryptocurrency is the total value of all the coins that have been mined. It is calculated by multiplying the current number of coins by the current value of each coin.

Mining

Mining is the process whereby new cryptocurrency coins are created and the log of transactions between users is maintained.

Node

A node is a computer that connects to a blockchain network.

Non-fungible tokens (NFTs)

“Non-fungible” refers to something that is unique and cannot be replaced by something else. NFTs have unique identification codes and metadata that distinguish them from each other, and, unlike cryptos, they cannot be traded or exchanged at equivalency.

NFTs are most often held on the Ethereum blockchain. They can be used to represent real-world items such as artwork and real estate. NFTs are created through a process known as minting and, once minted, they cannot be deleted or edited. The value of NFTs is subjective and this is why they are usually issued through auctions on digital marketplaces.

Peer-to-peer

The term “peer-to-peer” refers to two users interacting directly without a third party or intermediary. A peer-to-peer platform is a decentralised platform that allows individuals to interact directly with each other.

Public key

A public key is a unique cryptographic code used to facilitate transactions between parties, allowing users to receive cryptocurrencies in their accounts. It is effectively a wallet address, and similar to a bank account number. It can be disclosed to other users so that they can send you money.

Private key

A private key is an extremely large encrypted code that allows direct access to your cryptocurrency. Like a bank account password, it should never be shared.

Smart contract

A smart contract is a program stored on a blockchain that runs when predetermined conditions are met. Smart contracts are typically used to automate the execution of an agreement, so that all participants can be immediately certain of the outcome without the involvement of any intermediary or loss of time. They can also automate a workflow, triggering the next action when the defined conditions have been met.

Stablecoin/digital fiat

A stablecoin is a digital currency that is pegged to a “stable” reserve asset like the US dollar or gold. Stablecoins are designed to reduce volatility relative to unpegged cryptocurrencies such as Bitcoin. They are also known as digital fiat.

Token

The word “token” has several meanings. It can be used as another word for a crypto, or to describe all cryptos other than Bitcoin and Ethereum, or as a name for certain digital assets that run on top of a crypto blockchain. Tokens have a huge range of potential functions, from helping make decentralised exchanges possible to selling rare items in video games. But they can all be traded or held like any other cryptocurrency.

Vitalik Buterin

Vitalik Buterin is the programmer who created Ethereum in 2015.

Wallet

A wallet is a place to store your cryptocurrency holdings. Many exchanges offer digital wallets. Wallets can either be hot (online, software-based) or cold (offline, usually on a device).

Cryptocurrency assets: how to trade cryptos

Just as when you trade any other currency, you trade cryptos in pairs, either against fiat currencies such as the US dollar or against another crypto. For example, you could trade Bitcoin against the euro (BTC/EUR) or against Ethereum (BTC/ETH).

The US dollar is by far the most traded fiat currency globally, and BTC/USD (where BTC is the base currency) is the most popular crypto-to-fiat pair. When, for example, the price of the BTC/USD pair is 40,000, it takes US$40,000 to buy one Bitcoin. According to the broker AvaTrade, this pair serves as the de facto gold standard for the cryptocurrency market, providing the price direction cue for virtually the entire crypto market.

The advantage of trading cryptos against major currencies like the dollar or the euro is that these are relatively liquid markets, so it is fairly easy to find a buyer and a seller for your trade. This in turn means that such markets are less volatile than other pairings (such as crypto-to-crypto pairs) and the spreads tend to be narrower.

FAQs

Is Trading Crypto Profitable?

Like all trading, if you’re on the right side of the market, you can make a profit. However, if you’re on the wrong side of the market with cryptocurrencies, you can lose a lot of money in a short period.

The cryptocurrency market is very volatile, and it’s not uncommon to see 20%, 30% and even 50% swings every single day. If you are day trading, this can translate to good profits if you can capitalise on the short-term fluctuations.

Is Crypto Trading Safe?

Trading cryptocurrency is a very high-risk market. In part, this is because the market doesn’t have a long history, so we can’t refer to previous market behaviour, but also because it does not have the same oversight and controls as fiat currencies. This lack of control makes the market an unpredictable asset to trade.

Cryptocurrency CFD trading is also only as safe as your broker. The same rules apply when looking for a broker to trade crypto CFDs, as they do for fiat currencies. Finding a well-regulated broker, with an acceptable account choice, trading conditions and reputation is key to your trading safety.

When Can I Trade Cryptocurrency?

Because there is no actual cryptocurrency exchange, and all trades use a broker as a counterparty, cryptocurrencies can be traded 24/7. Crypto CFDs are the only assets that trade around the clock, seven days a week, 365 days a year, which is very rare in the financial world.

In contrast, the stock markets operate 8 hours a day; 5 days per week while the Forex market pauses trading over the weekend.

The main advantage of a 24/7 market is that you can buy and sell cryptocurrencies any time of the day, making them accessible to all traders.

Are Profits From Crypto Trading Taxable?

Like any other regular income, cryptocurrency trading is taxable. However, the cryptocurrency market remains a relatively new market, and because of that, there is also a lot of ambiguity in the laws. 

If you’re transacting any cryptocurrency, you need to be aware of the tax consequences — no matter where you live if you have significant money invested in cryptocurrencies you should always seek guidance from a financial adviser when it comes to legal issues and taxes.

Forex Risk Disclaimer

Trading Forex and CFDs is not suitable for all investors as it carries a high degree of risk to your capital: 75-90% of retail investors lose money trading these products. 

Forex and CFD transactions involve high risk due to the following factors: Over-leveraging, unpredictable market volatility, slippage arising from a lack of liquidity, inadequate trading knowledge or experience, and a lack of regulatory protection for clients.

Traders should not deposit any money that is not disposable. Regardless of how much research you have done, or how confident you are in your trade, there is always a substantial risk of loss. (Learn more from the FCA or from ASIC)

Our Methodology

Our State of the Market Report and Broker Directory are the results of extensive research on over 100 Forex brokers. The explicit goal of these resources is to help traders find the best Forex brokers – and steer them away from the worst ones – with the benefit of accurate and up-to-date information.

With over 150 data points on each broker and over 3000 hours of research and review writing, we believe we have succeeded in our goal. 

In a world where trading conditions and customer support can vary based on where you live, our broker reviews focus on the local trader and give you information about these brokers from your perspective.

All research has been conducted by our in-house team of researchers and writers, gathering information from various company representatives, websites and sifting through the fine print. Learn more about how we rank brokers

Featured Brokers

Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Close
>