The best websites for trading CFDs

You can trade thousands of financial instruments using the trading platform crypto CFDs without having to own any underlying assets. You will need to predict the movement of stock, commodity and forex prices to do this.

This article examines the best CFD trading platforms on the market in 2022. We consider key metrics such as market availability, commissions and platforms, as well as payments and regulation.

12 Best CFD Trading Platforms

eToro - the leading social trading platform for cryptocurrencies

Our team chose eToro as the best platform for trading copies of cryptocurrencies. eToro has more than 10 million users worldwide and is a multi-regulated online Forex, CFD and cryptocurrency broker. eToro boasts one of the largest social trading communities in the world and unique copy trading features.

eToro is a member of many regulatory bodies, including ASIC. This enables him to do business in Australia. The broker also holds FCA and CySEC licenses.

eToro is a trusted platform for retail traders at all levels. eToro offers a trading platform, cryptocurrency exchange and blockchain wallet in one.

eToro – For trading crypto copies

You can immediately access the cryptocurrency market by using the broker's platform. Overnight funding fees will not apply to long positions (buying cryptocurrency), unless used with help and trade CFDs. Overnight funding charges will apply to short positions and leveraged products.

If investors are interested in trading cryptocurrency on eTor, they can take advantage of up to 1:1 if they want to trade high-risk CFDs. The minimum deposit required is $200. Currently, US dollars can be used as the base currency. Conversion fees will apply to foreign currency deposits.

Clients can try eToro's features before signing up for a real account.

Access to the eToro web-based platform is free for crypto traders. They will have access to the latest news and research on the cryptocurrency market and will be able to use standard risk management tools to protect their active positions.

Cryptocurrencies are available on eToro

The eToro platform has 16 crypto assets that can be combined into 94 different crypto pairs. There are many cryptocurrencies that can be traded, including Bitcoin (BTC), Ethereum classic(ETC), Ripple XRP, Litecoin Litecoin and NEO.

Cryptocurrencies offered by eToro can be divided into four groups.

• 16 different crypto coins
• Cross-selling of one commodity
• 14 cryptocurrency crossovers
• 61 intermediate currencies

Copy Trading, eToro's award-winning feature for cryptocurrency traders, is a convenient way to track the performance of top cryptocurrency traders.

Crypto traders can also use its copy trading feature to help clients make informed decisions about which crypto assets they should choose.

eToroX — advanced crypto exchange

Professional traders and institutional investors can access the best crypto trading experience through the eToroX platform.

eToroX uses the eToro platform for competitive spreads, high liquidity and no transaction fees for cryptocurrency deposits. Additionally, trading fees start at 0.03%.

eToroX is regulated and insured by the Financial Services Commission of Gibraltar. 106 digital pairs are available. These include cryptocurrencies, various altcoins, forex pairs and tokenized stablecoins.

eToro's API trading program AlgoX provides high-quality, low-latency colocation services to crypto algo traders.

Bitcoin and crypto wallets on eToro

eToro also offers clients easy methods of receiving, transferring and storing cryptocurrency through a digital wallet. This service supports more than 120 cryptocurrencies and allows clients to convert over 500 crypto assets to other crypto pairs.

You can get eToro's Wallet for free and use your eToro credentials to access it. Advanced wallet security measures protect clients from unauthorized access. These security features include standard protocols, DDoS protection and multi-signature options.

Investors can also access the crypto wallet using their eToro wallet private key.

eToro is an all-in-one crypto solution that gives cryptocurrency investors access to 94 crypto assets. This will allow them to trade, manage, store and speculate on the price movements of these assets.

Plus500

Plus500, a top CFD provider offers the best cryptocurrency exchanges and various digital coins. Plus500, a platform listed on the London Stock Exchange, was founded in Israel in 2008. It excels in Forex and CFDs.

Plus500 Cryptocurrency Trading Terms

Our analysis shows that the Plus500 cryptocurrency trading platform is one of the most competitive. Plus500 offers 13 Cryptocurrency CFDs as well as Crypto Index with a leverage of 1:30 and a minimum deposit of $200.

Like Forex and CFD brokers like Markets.com. Plus500's hostile account protection policy prevents retail accounts from losing more than their initial deposit when trading CFDs.

Plus500 allows you to trade cryptocurrencies with an average range of:

• 36 USD Bitcoin (BTC).
• 0.0038 $ Ripple
• $4.7 Bitcoin Cash ABC, (BCH)
• $0.0006 Tron (TRX).
• $2.1 Ethereum (ETH)

Crypto 10 Index – Plus500

Plus500 offers cryptocurrency investors insight into the cryptocurrency market through a custom Crypto 10 Index. The Crypto 10 Index (Crypto10) measures the performance of the top cryptocurrencies worldwide. The cryptocurrency reference index is BITA. It is a third party expert providing Crypto 10 index and is an independent provider.

Plus500 allows crypto enthusiasts to trade in a crypto exchange-like environment and offers a wide range of digital coins. Plus500 clients have the option to choose from a variety of CFD instruments such as stocks, indices and ETFs.

Admiral Markets

Admiral Markets offers excellent risk management tools for crypto CFD trading. Admiral Markets is a globally licensed company with almost 20 years of experience in providing trading services for retail clients (FCA and ASIC licences). This online trading platform offers access to 32 cryptocurrencies, leverage up to 10:1 and a Bitcoin spread of $10. There are also risk management tools.

Admiral Markets offers risk management tools, including:

Stop loss order

Only Admiral Supreme account holders can access the mini terminal.

Negative balance protection policy (NBP).

Protection against volatility

Admiral Markets allows you to trade bitcoins.

Admiral Markets gives clients the opportunity to trade bitcoin CFDs, with various risk management tools to protect their investment. Volatility protection is the best tool for trading crypto risks. It protects you from slippage and requoting, as well as widening spreads and market gaps. A unique feature of the market is the volatility of cryptocurrency.

• Admiral Markets volatility protection system has many advantages.
• Pending orders may be canceled if they are not in line with the price.
• Automated conversion of limit orders into market orders
• Partial order execution
• This tool ensures that your stop loss is not triggered when the spreads widen.

Admiral Market clients have the option of choosing from a whole range of MetaTrader platforms (MT4 or MT5), as well as complete packages for risk management (MetaTrader Supreme Edition). Admiral Markets risk management features do not recommend crypto trading. This is due to high leverage ratios and higher trading costs.

AvaTrade

AvaTrade offers CFDs for Australian clients on 11 digital currencies. You can trade 24 hours a day, 7 days a week with no bank fees or commissions. Another advantage is the spread of bitcoin CFDs, which can provide leverage of up to 1:25.

• Trade Bitcoin CFDs is possible against USD, EUR and JPY.
• The spread between Bitcoin and the US dollar (BTC/USD) is 0.35 percent with a leverage ratio of 1:25.
• A spread of 0.5 percent on Bitcoin/euro (BTC/EUR), with a leverage of 1:120
• 0.5 percent spread, leverage 1:20 Bitcoin / Japanese Yen (BTC/JPY).

AvaTrade allows you to trade crypto pairs and one index at very low prices during the weekend. Bitcoin traders also have access to speculative opportunities not available for fiat currencies.

EightCap

Eightcap is the best CFD broker for cryptocurrency trading. They offer more than 250 cryptocurrency options and have incredible spreads that are unmatched among online brokers.

More than 120 cryptocurrencies can be purchased with Eightcap USD pairs. We have a wide range of currency options including Flow, Compound and Serum as well as rare coins such as Dodo Shibu, Polkadot Bitcoin, Ripple Dash, Ethereum and Litecoin.

There are also 20 cryptocurrencies that can be traded with Fiat currency. You can trade Fiat currency in the following currencies: Australian Dollar (AUD), British Pound (GBP), Euro, Euro (EUR), Canadian Dollar (CAD), Mexican Peso (MXN) and British Pound (GBP). It is possible to pair Bitcoin with certain cryptocurrencies.

You can also spread your risk and invest in cryptocurrency indices.

Leverage in cryptocurrency trading varies depending on your location. Clients outside of Australia can trade with leverage up to 1:120. Eightcaps offers retailers 1:2 leverage. Pro traders have 1:5.

MetaTrader 5 is the best cryptocurrency trading platform because it can trade all currencies. Although MT4 trading is still possible, you can only trade USD or BTC in pairs.

Capitalise.ai automates MT4 and MT5 trading with no coding required.

Pepperstone

Pepperstone is our top choice for crypto trading platforms. Using a broker, you can trade five of the most popular cryptocurrencies around the world. There are three cryptocurrency indices. You can leverage up to 5-1, trade with a minimum increment of 0.10 and start with $10 Bitcoin.

ASIC, CySEC and BaFin are the regulators. MT4 and MT5 trading platforms are available. cTrader is best suited for cryptocurrency trading.

Pepperstone allows you to trade cryptocurrency

Pepperstone clients have the ability to trade CFD products using three powerful platforms (MT4, MT5 and cTrader) on Bitcoin Cash, Dash and Ethereum.

Specialized trading software allows you to trade cryptocurrencies from anywhere. Standard and Razor accounts allow crypto traders to trade forex and CFDs on commodities and stocks.

Pepperstone's speculative crypto assets do not require you to exchange cryptocurrency to use the market or store digital money in a wallet.

Pepperstone Cryptocurrency CFDs

Clients can trade five cryptocurrency CFDs during Pepperstone's business hours and three cryptocurrency indices. You can trade crypto with fiat currencies on Bitcoin (BTC), Bitcoin cash (BCH), Ethereum (ETH), Dash (LTC), Litecoin, Litecoin and three other crypto indices.

1. The Crypto10 index is the most popular cryptocurrency index. It follows the ten best Blockchain projects.
2. The Crypto20 index measures the performance of the 20 most popular crypto assets
3. Crypto30 Index – Analyzes the performance of the most popular crypto assets

Pepperstone: Cryptocurrency Trading: Fees and Costs

Pepperstone's ECN execution model has earned it a place on our top crypto CFD trading platforms. Pepperstone is a broker that does not require you to deal with a trader and offers fast order processing as well as interbank spreads. To trade bitcoins (BTC), a spread of $10.0 is required. To trade Ethereum (ETH), a spread of $2.00 is required.

Pepperstone charges $2.0 minimum spreads, $3.5 trading commission (Razor accounts only). These are the lowest crypto fees in the industry, according to our CFD broker review. Pepperstone also offers competitive prices all day.

Pepperstone's ECN execution system offers fast order speeds of up to 30ms. This makes it ideal for cryptocurrency trading.

Features of the Pepperstone CFD platform

• Pepperstone provides first class CFD trading using cryptocurrencies
• Pepperstone will give you access to the best software.
• Ultra low fees.
• There are many top crypto products available.
• 30ms speed.
• To practice your trading skills, you can access a demo account for free.
• Pepperstone's dominance can be attributed to a trading volume of over $9.2 billion per day.

Markets.com

Markets.com was chosen for its quality crypto trading tools. Markets.com's proprietary MarketsX trading platform gives crypto traders access to:

• Six CFDs on cryptocurrencies
• BTC futures contract
• Our CryptoBlend proprietary index
• Leverage up to 2:1
• It includes powerful trading tools such as sentimental, technical and fundamental.

Markets.com is listed on the London Stock Exchange as a company that has met all FCA regulations.

Markets.com is regulated by CySEC in Europe (Safecap Investments Limited) and ASIC in Australia.

Markets.com offers CFDs for cryptocurrencies

Clients can trade six crypto assets on the broker's MetaTrader 4 and MarketsX trading platforms, without the need to open a crypto wallet. Clients can trade cryptocurrencies using contracts for difference (CFDs) without opening a crypto wallet.

Markets.com allows traders to leverage these cryptocurrencies up to 1:1

• BTC Futures.
• Dash.
• Ethereum.
• Ripple.
• Bitcoin Cash
• Litecoin.
• Bitcoin Spot.

Markets.com offers the CryptoBlend instrument for trading crypto assets with 1:1 leverage and a spread of $5.20

Markets.com - Trading platform tools

Markets.com is a trusted broker that gives you access to 14 powerful tools for trading cryptocurrencies such as Bitcoin. Markets.com's proprietary trading platform MarketsX has proven to be the best tool for crypto trading, CFDs and forex trading.

MarketsX offers 14 trading tools for retail clients, including technical and sentimental, that provide a deeper understanding of the market.

Basic tools

Its core tool looks at macroeconomic and microeconomic factors that affect asset value, such as:

• ForexLive.com offers financial analysis of global trends and industry factors that could affect the Forex industry.
• Notifications can be sent by SMS, email or phone.
• MarketsX offers Dow Jones News, a daily news feed covering the top 20 global news stories.
• The Thomson Reuters Stock Report can be used by clients who wish to trade stocks.

Technical tools

Clients have the option of using technical tools to assess the past performance of traded assets.

• Through linked instruments, clients can discover which assets are linked to each other.
• Advanced charting tools include 88 technical indicators as well as nine chart types.

Tools for feelings

These tools are short-term and represent the attitude of the market towards a particular trading instrument. You can take, for example:

• With Blogger Opinions, clients can access the opinions of over 50,000 bloggers.
• The hedge fund investment trust is based on SEC data. This allows us to measure how popular each material has been over time.
• It offers insider trading.
• Get trading analyst suggestions
• Trading Trends – This tool analyzes market trends in real-time by analyzing trading on the platform.
• Acuity News Alerts lets you see how news is affecting asset values.
• With the Acuity News Trading Signal tool, clients can follow asset news.
• Real-time signals: gain insight into assets using a combination of several sources.

Markets.com offers many tools for cryptocurrency traders to keep you up to date. Markets.com offers a dedicated customer support team that can be reached via phone or live chat for all cryptocurrency trading questions, including information on tools and platforms.

XTB – Bitcoin and Ethereum. Fiat crosses

Our top choice for trading Bitcoin or Ethereum is XTB xStation 5. XTB is a global, regulated company with 15 years of experience, over 200,000 clients worldwide and offers traders access to over 1,500 markets as well as 25 cryptocurrency pairs. The maximum leverage is 2:1. On average, there is a difference of $68 per Bitcoin.

Trade Bitcoin and Ethereum crosses using XTB

The cryptocurrency market also offers cross-currency pairs like the Forex market. To trade crypto cross pairs, investors can use XTB

• There are a total of nine Bitcoin crosses
• Three Ethereum crosses

XTB Standard accounts do not charge commissions for executed trades. XTB Pro accounts cost $3.50 per pack. You can trade crypto 24 hours a day, even on weekends. There is no risk of capital loss due to hacking and you will not be exposed to capital loss. xStation 5 is an award-winning CFD platform for professionals and beginners alike.

XTB's small investor account requires a minimum deposit of $250. There are also quick and easy deposit and withdrawal options. Since there is no barrier to entry, anyone can trade and access cryptocurrency.

IG – Suitable platform for beginner crypto education

IG has one of the best educational resources on crypto CFD trading. It offers beginner-friendly tools to manage risk and learn the basics of CFDs. IG is an accredited and licensed online Forex and CFD broker based in the United States. It is licensed in over ten jurisdictions, including ASIC, FCA, NFA and CFTC in the UK.

IG CFD Cryptocurrency Trading

Traders can use the IG CFDs trading platform to speculate only on price movements, without owning the digital currency.

He can also leverage his position and pay a fraction in advance. Additionally, one can gain exposure to multiple crypto exchanges using a single trading account.

IG offers cryptocurrency trading

Crypto investors can access IG's Crypto 10 Index which gives them more exposure to the market. For all cryptocurrency CFDs, retail clients must meet a margin requirement of 10%. Minimum spreads for Bitcoin/USD are $36.

Margin requirements for larger positions may be higher based on the IG level structure.

IG tools for risk management in CFD trading

Beginner traders or traders with limited experience should be careful in managing their money and taking all possible risks to protect themselves in online trading with retail CFD accounts. This is because leverage can lead to quick losses. This is especially evident in the volatile cryptocurrency market.

IG offers several risk management tools:

• Stop-loss Orders – This free tool automatically closes the client's positions if the market moves in a different direction than expected. It is subject to slippage so the position could end up lower if there is a gap.
• Limit orders are orders that automatically bring profit at a certain price.
• Free Price Alerts and Push Notification Service – IG's Web Trader, mobile apps and mobile websites offer price alerts via text or email. Push notifications are used by mobile applications and the trading platform on the desktop of the platform.
• Guaranteed Stops – This tool guarantees that clients' positions will be closed at the specified price. There is an additional charge for the spread.
• A trader can lock in profits and place a Stop Loss Order that is automatically updated when market conditions improve. A Stop Loss order does not guarantee slippage protection if the market moves against traders.

IG Academy

IG Academy offers all the information beginners need to learn about trading and global financial markets. IG clients have access to free online trading courses, webinars and in-person seminars.

A comprehensive IG glossary is also available for beginners to learn more about trading terms and financial markets.

IG is the top-rated broker for new crypto traders, thanks to its world-class learning center as well as top-notch risk management tools. IG's crypto CFD trading has no maximum deposit limits and no withdrawal or deposit fees.

IC Markets – a great place to trade cryptocurrencies with MT5.

IC Markets is the best place to trade CFDs using MetaTrader 5. IC Markets was founded by an Australian online broker in 2007 to offer CFDs on cryptocurrencies and other assets. IC Markets offers a range of financial trading platforms for its clients, including MetaTrader 4, MetaTrader 5 and cTrader. It also executes trades via ECN.

The Australian Securities and Investments Commission is one of the most well-known regulatory bodies in the world.

They provide trading services in key markets such as Australia and Europe.

Trade cryptocurrencies with an ECN CFD broker

IC Markets has a pool of 25 liquidity providers. This allows them to offer fair ECN pricing and trading desk order execution. IC Markets' MT5 software allows clients to protect their holdings using limit orders and trade sizes that are completely flexible.

The broker's MetaTrader 5 platform allows crypto traders to trade 10 digital currencies 24 hours a day with a leverage ratio of 1:5. Bitcoin spreads can be as low as $5.00 to as high as $10.00 on all ICMarkets accounts.

IC Markets offers the best cryptocurrency trading conditions with the MetaTrader 5 platform. IC Markets has many options for investors who want to invest in cryptocurrencies.

FP Markets – Best MT4 Cryptocurrency Broker

FP Markets has been providing CFD and Forex trading to Australian investors since 2005. ASIC, Financial Services Authority St. Vincent and the Grenadines and the Cyprus Securities and Exchange Commission are the organization's regulators. FP Markets is considered safe due to its track record and affiliation with ASIC.

FP Markets: Pros and Cons

• Forex commissions at FP Markets can be minimal.
• It's easy to open an account, deposit money and fund it.
• Demo accounts and eBooks are available.
• The company charges high fees for stock CFDs and only offers FX, CFDs (stocks and indices, gold) and cryptocurrency products.
• MetaTrader 4 is no longer available to traders on desktop computers or the Internet.
• AvaTrade is a good choice for those looking for fixed spreads.
• AvaTrade offers 11 crypto CFDs with fixed spreads.

Conclusion – Cryptocurrency CFD Trading Platforms

CFD trading is available on many platforms, including those that offer crypto, stock, commodity and forex CFD trading. We have reviewed only the highest rated and most licensed platforms that offer demo accounts. This allows you to test and choose the platform that is best for you. Etoro is ideal for beginners, while other platforms are more suitable for experienced traders.