* Trading is risky. Your capital is at risk
Trade Crypto CFDs to harness opportunities whether prices are rising or falling.
Cryptocurrencies have disrupted traditional finance, forcing us to reshape our understanding and expectations of 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 Contracts for Difference (CFDs) to speculate on the price movement of Cryptocurrencies, without having to own or store the actual coins.
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, Ethereum, Solana 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 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.
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:
Open an FXTM account. This usually only takes a few minutes.
Deposit funds quickly and easily via one of our payment solutions.
Open the trading platform and find the Crypto you want to trade.
Decide whether you want to go long or short and your position size, then place your trade.
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. 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’s 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 extremely risky. It's essential that you do your research, start small, and manage your risk effectively.