A few years ago only a handful of on-line brokerages offered their clients the opportunity to trade Contracts for Difference on Bitcoin. At present, however, the list of Bitcoin CFD offerings continues to expand. Now, let us take a look at one such list.
eToro
eToro USA LCC does not offer CFDs, only real Crypto assets available.
Clients are able to begin trading Bitcoin by depositing as little as $100.
The typical spread for Bitcoin is 1%, while the leverage ratio allowed is 1:2.
When keeping their trades active for more than one trading day, short-positioned investors will have to pay an overnight fee per 1 Bitcoin of $0.471, while investors with long positions will pay no fee.
eToro is a multi-asset platform which offers CFD and non CFD products.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
AvaTrade
AvaTrade offers Bitcoin CFDs on a number of platforms, including MetaTrader 4 and AvaTradeGO.
Clients are able to begin trading Bitcoin by depositing as little as $250.
The typical spread for BTC/USD is 1%, while the spread for BTC/EUR and BTC/JPY is 1.6%. The maximum leverage ratio allowed for all three pairs is 1:20.
When keeping their trades active for more than one trading day, short-positioned investors will have to pay an overnight interest of 0.0833%, while investors with long positions will need to pay an overnight interest of 0.4000%.
CMSTrader
CMSTrader offers Bitcoin CFDs on its Sirix Web Trader Platform, Sirix Mobile Trader Platform as well as its Sirix Station.
Clients are able to begin trading by making a deposit of as little as $500.
The maximum leverage ratio allowed for BTC/USD and BTC/EUR is 1:5.
Markets.com
Markets.com offers Bitcoin CFDs on MetaTrader 4 and its WebTrader platform.
The typical spread for BTC/USD is 1.69%, while the spread for BTC/EUR is 2.07%. The leverage ratio allowed for the two pairs is up to 1:2.
Forex.ee
Forex.ee offers exchange-like cryptocurrency trading through the so called Crypto account.
Clients are able to deposit as little as $10 in order to open a Crypto account. Base account currencies available include US Dollar, Euro and Russian Ruble.
The spread on BTC/USD, BTC/EUR, BTC/JPY and other pairs offered depends on liquidity, while the maximum leverage ratio allowed is 1:3.
A commission is charged for opening and closing a trade. It equals 0.5% of trade volume in the base currency of the account.
On Crypto accounts there is also a charge for keeping an active position overnight.
EasyMarkets
EasyMarkets offers Bitcoin CFDs on MetaTrader 4.
The spread on BTC/USD is fixed to $100 per unit, while the maximum leverage ratio allowed is 1:5.
HYCM
HYCM offers Bitcoin CFDs on its flagship platform, on HYCM Mobile as well as on MetaTrader 4.
The minimum spread on BTC/USD is $130 per unit, while the maximum leverage ratio allowed is 1:4.
FX Choice
FX Choice offers Bitcoin CFDs on MetaTrader 4 and MetaTrader 5 as well as on the mobile versions of these platforms.
The typical spread on BTC/USD is $13.31 per unit for Classic accounts and $12.93 per unit for PRO accounts, while the typical leverage ratio is 1:25.
Plus500
Plus500 offers Bitcoin CFDs on a variety of trading platforms.
Clients are able to begin trading Bitcoin by depositing as little as $100.
The typical spread on BTC/USD is $117.85 per unit, while the maximum leverage ratio allowed is 1:5.
SimpleFX
SimpleFX offers Bitcoin CFDs on both desktop and mobile variations of the MetaTrader 4 platform.
The typical spread on BTC/USD is $4.65, on BTC/EUR – EUR 4.41, on BTC/JPY – JPY 522 and on BTC/CNY – CNY 41.12. The maximum leverage ratio allowed for all four pairs is 1:5.
LiteForex
LiteForex offers Bitcoin CFDs on MetaTrader 4.
BTC/USD and BTC/EUR pairs are available for trade on Cent, Classic as well as ECN accounts.
The broker also accepts deposits and withdrawals in Bitcoin.
FXOpen
FXOpen offers exchange-like cryptocurrency trading through a Crypto account.
Clients are able to deposit as little as $10 (or the equivalent in other base currency available) in order to open a Crypto account. Base account currencies available include US Dollar, Euro, Russian Ruble, British Pound Sterling, Japanese Yen, Bitcoin, Litecoin, Ethereum and Dash.
The spread on BTC/USD, BTC/EUR and BTC/RUB is variable, while the maximum leverage ratio allowed is 1:3.
The broker charges a round-turn commission equal to 1% of the base account currency for every position opened.
Trade.com
Trade.com offers Bitcoin CFDs on its WebTrader platform.
Clients are able to deposit as little as $250 to start trading.
The typical spread on BTC/USD is $240, while the spread for BTC/EUR is EUR 80. The maximum leverage ratio allowed for both pairs is 1:2.
UFX
UFX offers Bitcoin CFDs on its ParagonEx Web Trader, Mobile Trading Platform as well as on MetaTrader 4.
Clients are able to deposit as little as $500 to start trading.
The spread on BTC/USD depends on the account type offered, while the maximum leverage ratio allowed is 1:5.