Ethereum Trading and Brokers 2024
While still undeniably in its infancy, the market for cryptocurrencies, like Ethereum has exploded. Decentralised, digital alternatives to fiat currencies have been around since around the time the most well-known, bitcoin, was launched in 2009. However, it is over the past few years that adoption levels have seen cryptocurrencies enter mainstream public consciousness.
Venture capital has been pouring into cryptocurrencies and their underlying blockchain technology for several years now. Perhaps even more tellingly, financial and government institutions are now taking the concept of cryptocurrencies playing an important role in the economy seriously. They are investing big money into educating themselves and preparing infrastructure and legislation around what many consider to be the biggest technological leap since the internet to influence how we live and conduct commerce.
Ethereum Brokers List
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Traders can speculate on popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. Additionally, the broker continues to improve its offering by introducing crypto futures as well as trading contests with real prizes.
Crypto Coins
- BTC
- LTC
- ETH
- XRP
- EOS
- ADA
- DOT
- SOL
- UNI
- LINK
- DOGE
- BNB
- ICP
- SAND
- more
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IC Markets offers 20+ cryptocurrencies which are tradable via CFDs, including lesser-known tokens such as Avalanche, Kusama and Uniswap. Commission-free trading is available, and experienced crypto traders can access high leverage up to 1:200 in the MetaTrader platforms.
Crypto Coins
- BTC
- BCH
- DOT
- DSH
- EMC
- EOS
- ETH
- LNK
- LTC
- NMC
- PPC
- XLM
- XRP
- ADA
- BNB
- DOG
- UNI
- XTZ
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OKX continues to offer a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions.
Crypto Coins
- BTC
- XCH
- ETH
- OKB
- OKT
- LTC
- DOT
- ADA
- DOGE
- XRP
- USDT
- ICP
- BCH
- LINK
- XLM
- ETC
- MATIC
- THETA
- UNI
- TRX
- EOS
- FIL
- XMR
- NEO
- USDC
- AAVE
- SHIB
- LUNA
- KSM
- BSC
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OANDA offers trading on leading cryptocurrencies, including Bitcoin. You can place trades in the app hassle-free and practice in the unlimited demo account. The broker offers guaranteed stop-loss orders to help protect you against crypto market volatility.
Crypto Coins
- BTC
- ETH
- LTC
- BCH
- PAXG
- LINK
- UNI
- AAVE
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XTB offers an excellent selection of cryptos with more than 50 digital currencies. Spreads are tight starting from 0.22% on BTC and leverage reaches 1:5. The xStation platform also provides intra-crypto pairs like ETH/BTC and DSH/BTC. With the capability to trade cryptos 24/7, XTB ensures a secure environment with transparent accounts for cryptocurrency trading.
Crypto Coins
- ADA
- BTC
- BCH
- DSH
- EOS
- ETH
- IOTA
- LTC
- NEO
- XRP
- XLM
- TRX
- XEM
- XLM
- XMR
- DOGE
- BNB
- LINK
- UNI
- DOT
- XTZ
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BitMEX continues to offer a highly competitive crypto trading environment, with cheap $1 contracts and leverage up to 1:100. The broker’s proprietary platform offers cutting-edge trading features, including a customizable order book, a depth chart and dozens of technical indicators.
Crypto Coins
- BCH
- BTC
- ETH
- LTC
- XRP
- TRON
- EOS
- XMR
- ADA
- DOGE
- BNB
- DOT
- SOL
- SHIB
- AVAX
- GAL
- NEAR
- SUSHI
- AXS
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You can buy and sell 250+ crypto assets with fiat currencies or in crypto pairs using the straightforward mobile app or through Uphold's browser-based account homepage. This is significantly more than many rivals. You can also earn up to 16% APY by staking one or more out of 32 valid tokens, or send tokens to an external wallet.
Crypto Coins
- BTC
- BTCO
- AAVE
- ALCX
- DYDX
- INH
- XYO
- API3
- GHST
- LSK
- AUDIO
- GLMR
- NMR
- CAKE
- GODS
- REQ
- CHR
- TRB
- DAO
- ROOK
- XRP
- ETH
- BAT
- ADA
- ALGO
- ATOM
- AVAX
- AXS
- BCH
- BAL
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IQCent offers 17 crypto pairs through its proprietary terminal, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is capped at 1:10, whilst binary options payouts vary by token but remain competitive. OTC assets, for example, pay out up to 95%.
Crypto Coins
- BTC
- ETH
- LTC
- ETC
- DOGE
- MATIC
- QNT
- SOL
- XRP
- USDT
- XMR
- BNB
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BlackBull Markets traders can speculate on 11 cryptocurrencies including Bitcoin, Litecoin and Ethereum with up to 1:5 leverage. The crypto tokens are traded in pairs with USD and the broker offers a transparent pricing schedule.
Crypto Coins
- BTC
- ETH
- BCH
- LTC
- XRP
- DOGE
- ADA
- DOT
- LINK
- EOS
- XLM
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You can trade cryptos against cryptos, fiat currencies, and even metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. Additionally, with high leverage up to 1:20, Kwakol Markets is a top choice for crypto traders.
Crypto Coins
- BTC
- BCH
- ETH
- LTC
- XRP
- BNB
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OspreyFX offers a decent selection of crypto coins paired with USD, including Bitcoin. 1:10 leverage is available with starting deposits from just $10 and support for Expert Advisors (EAs).
Crypto Coins
- BTC
- DASH
- EDO
- EOS
- ETH
- IOTA
- LTC
- NEO
- OMG
- SAN
- XMR
- XRP
- ZEC
- DOGE
- SHIB
- ADA
- SOL
- DOT
- AVA
- XLM
- TRON
- ETC
- BNB
- BCH
- BAT
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CloseOption traders can access high/low binary options on five major cryptos all paired with USD. Payouts of 40% are available due to digital assets' high market volatility, which compares well with rivals.
Crypto Coins
- BTC
- BCH
- ETH
- LTC
- XBT
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Trade popular digital tokens against fiat currencies. Go long or short on Bitcoin and get 24/7 instant cashback when you trade in high volumes. However, traders looking for low-cap tokens should look at alternative brokers.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
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Errante clients can speculate on price movements of 26 crypto tokens, all paired with USD. CFDs allow for leveraged trading, but note that you will not directly own the assets traded.
Crypto Coins
- BTC
- ETH
- LTC
- BCH
- XRP
- DASH
- EOS
- IOTA
- NEO
- OMG
- QTU
- TRX
- XMR
- ZEC
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Trade CFDs on BTC, ETH, LTC and XRP with 1:5 leverage, market execution and 0.01 micro lot trading. However, we weren't impressed with the narrow choice of cryptos with no emerging, smaller-cap tokens available.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
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You can access 25 cryptocurrencies paired with USD, including BTC/USD and ETH/USD as well as smaller tokens like DOTUSD. The broker doesn’t offer a crypto wallet or exchange, although you can deposit via Bitcoin, Ethereum or Tether with zero fees.
Crypto Coins
- BTC
- ETH
- LTC
- BCH
- XRP
- DOT
- EOS
- LNK
- DOGE
- ADA
- XLM
- ATOM
- AAVE
- AVX
- BNB
- DASH
- ENJ
- FTM
- MATIC
- SNX
- WAVE
- XMR
- XTZ
- YFI
- SOL
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Trade tight-spread CFDs on BTC, LTC, ETH, DOGE, ADA and XRP paired with USD. This may be too small a range to satisfy many crypto traders, but it is a comparable offering to similar brokers.
Crypto Coins
- BTC
- ADA
- ETH
- LTC
- DOG
- XRP
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An impressive selection of 35 crypto pairs are on offer, including BTC/USD and DOGE/USD. There is also high leverage up to 1:100 for experienced crypto traders, which is more than you will find at most competitors.
Crypto Coins
- BTC
- DASH
- ETH
- LTC
- BCH
- XRP
- NEO
- IOTA
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Take positions on dozens of leading cryptocurrencies with low fees and 24/7 investing. Traders need just $1 to start speculating on popular tokens like Bitcoin. Clients can also buy cryptos instantly in a few straightforward steps.
Crypto Coins
- ALGO
- AVAX
- BAT
- BTC
- BCH
- ADA
- LINK
- ATOM
- CRO
- CRV
- MANA
- DOGE
- ETH
- ETC
- FTM
- LTC
- LRC
- MATIC
- REN
- SHIB
- SOL
- XLM
- SUSHI
- GRT
- UNI
- YFI
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Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available.
Crypto Coins
- BTC
- DSH
- LTC
- ETH
- ZEC
- XRP
- BCH
- XMR
- EOS
- NEO
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Trade leveraged CFDs on eight of the most popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin and Ripple, in pairs with USD, EUR and JPY. The wider variety of fiat pairs make this an attractive offering, even if there is only a mediocre selection of crypto tokens to trade them with.
Crypto Coins
- ADA
- BTC
- DOT
- EOS
- ETH
- LTC
- XLM
- XRP
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Trade popular crypto-fiat crosses with low spreads. Clients can speculate on short-term price fluctuations with powerful trading tools, low fees and reliable risk management features.
Crypto Coins
- BTC
- BCH
- ETH
- LTC
- XRP
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Trade five crypto pairs via leveraged CFDs. This is too small a range to satisfy dedicated crypto traders, but the digital tokens do have the advantages of ultra-fast execution and pure direct market access.
Crypto Coins
- BTC
- ETH
- LTC
- ADA
- XRP
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Clients can trade a modest handful of cryptos including Bitcoin, Ethereum, and Litecoin. Real-time quotes are available and fees are low. Commissions also drop if you trade digital currencies in high volumes.
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Revolut has expanded its crypto offering, now featuring 185+ tokens. You can buy, sell and transfer cryptos on the iOS and Android app within a few taps. Revolut also stands out by allowing users to round up leftover cash from card transactions in crypto and use their crypto balance to make card payments, while recurring investments can be made for dollar cost averaging.
Crypto Coins
- ZRX
- 1INCH
- AAVE
- ALGO
- AMP
- ANKR
- BNT
- BAND
- BAT
- BTC
- BCH
- ADA
- CTSI
- CELO
- LINK
- CHL
- COMP
- ATOM
- CRV
- MANA
- DOGE
- ENJ
- EOS
- ETH
- FIL
- RLC
- ICP
- KEEP
- KNC
- LTC
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Traders can go long or short on popular cryptos like Bitcoin, Ethereum and Ripple paired with USD. Trading is available on the MT5 platform, which offers an excellent environment for short-term crypto strategies, with 21 chart timeframes and dozens of indicators.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
- XMR
- ZEC
- BCH
- DASH
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Trade CFDs on 12 major cryptocurrencies including BTC and ETH in pairs with USD and with leverage up to 1:20. The dozen tokens on offer is very respectable for a CFD broker, though crypto traders looking for emerging tokens will prefer an exchange or dedicated crypto broker.
Crypto Coins
- BTC
- BCH
- ETH
- LTC
- XRP
- BNB
- DOT
- EOS
- LINK
- UNI
- XTZ
- XLM
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Invest in 10 popular cryptos such as Bitcoin and Ethereum. A choice of six crypto account base currencies are available plus a welcome bonus for new traders.
Crypto Coins
- BTC
- BCH
- DASH
- ETH
- LTC
- USDC
- USDT
- XMR
- XRP
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There's only 6 crypto CFDs available at Switch Markets, though I was pleased to see leverage of 1:3 available. I like that you can also benefit from BTC, ETH, XRP, USDT and USDTRC20 deposit options.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
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With well over 1000 crypto assets available, Kucoin offers a great degree of flexibility. It is excellent to see an extensive range of tokens, as this allows traders to search for lesser-known tokens with a high upside. The crypto futures and perpetual swaps are also good additions to the roster, tradeable with 1:10 leverage.
Crypto Coins
- ETH
- BTC
- VRA
- LUNA
- KCS
- XRP
- LTC
- ALGO
- TEL
- DOT
- ADA
- XMR
- AVAX
- FTM
- VET
- XLM
- LINK
- MATIC
- ONE
- TRX
- HBAR
- ICP
- CRO
- EOS
- DOGE
- WBTC
- ATOM
- XDC
- DAG
- COTI
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With just five crypto CFDs and trading only available 24/5 rather than the usual 24/7, Rock Global is not the best for dedicated crypto traders. However, there are some attractive spreads on offer from 0.62 for Litecoin and 1.24 for Ethereum.
Crypto Coins
- BTC
- BCH
- LTC
- ETH
- XRP
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Pocket Option offers a modest crypto offering with 10+ digital currencies including Bitcoin and 65+ tokens if you deposit $1000. The integrated analytics feature in the platform is helpful for finding opportunities, while the daily signals service makes it straightforward to act on short-term crypto opportunities.
Crypto Coins
- BTC
- ETH
- BCH
- LINK
- AAVE
- ALGO
- TLM
- ALPP
- ANT
- AVAX
- AXS
- BNB
- ADA
- CHZ
- COMP
- ATOM
- DASH
- MANA
- DGB
- DOGE
- ENJ
- EOS
- FIL
- GLMR
- ILV
- ICP
- KAVA
- LTC
- MKR
- MASK
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xChief’s range of 5 cryptocurrencies paired with USD is smaller than most competitors. In addition, the average BTCUSD spread of 30 pips is not the cheapest. That said, the broker does offer some useful crypto trading guides for beginners.
Crypto Coins
- BTC
- BCH
- ETH
- LTC
- XRP
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Pacific Union offers leveraged cryptocurrency trading against the US Dollar. Spreads are tight and updated in real-time. Traders can analyze crypto markets using powerful trading software.
Crypto Coins
- BTC
- BCH
- ETH
- LTC
- EOS
- XLM
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Nexo offers trading on an impressive suite of around 70 tokens, including Bitcoin. Digital assets can be bought, sold and swapped directly on the exchange or traded in over 500 pairs. Digital assets can also be used as collateral for fiat loans or used to generate passive income with the ‘smart staking’ tool or from interest earned via peer-to-peer loans.
Crypto Coins
- BTC
- ETH
- NEXO
- USDT
- USDC
- AXS
- RUNE
- MATIC
- DOT
- APE
- AVAX
- KSM
- ATOM
- FTM
- NEAR
- BNB
- ADA
- SOL
- XRP
- LTC
- LINK
- BCH
- TRX
- XLM
- EOS
- PAXG
- UNI
- DOGE
- MANA
- SAND
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SuperForex offers cryptocurrency CFDs on 11 popular tokens including Bitcoin, Dash, Solana and Polkadot. 1:10 leverage is available for crypto assets and although this is a fairly limited selection of digital assets, it covers the most important tokens.
Crypto Coins
- BTC
- ETH
- LTC
- ZEC
- DASH
- BCH
- XMR
- NEO
- EOS
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Make spot, future and leveraged trades on 120 cryptocurrencies via Pionex's proprietary platform with built-in trading bots and highly customizable automated trading options. On the negative side, the range of tokens is narrower than many alternatives.
Crypto Coins
- BTC
- LTC
- ETH
- BUSD
- EOS
- BTT
- TRX
- NFT
- DOGE
- XRP
- HT
- ALICE
- FIL
- DOT
- JST
- AXS
- UNI
- AAVE
- WIN
- SUN
- CAKE
- LINK
- BAKE
- BCH
- ETC
- SNX
- TFUEL
- ADA
- PUNDIX
- ICP
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AdroFx offers just four crypto CFDs, while the typical Bitcoin spread of around 59 USD is considerably higher than the industry average, making it a poor option for serious cryptocurrency traders. This broker does not work as an exchange or wallet, meaning that only derivatives trading and not ownership of crypto assets are available.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
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Trade CFDs with leverage up to 1:100 on 23 crypto pairs with USD including popular tokens like Bitcoin and Ether and lesser-known options like OMG. On the downside, crypto-only pairs are not offered.
Crypto Coins
- BTC
- XRP
- LTC
- DASH
- ETH
- EOS
- NEO
- TRX
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Bitfinex provides access to an exceptional variety of crypto assets, encompassing over 180 tokens. In addition to spot trading, the platform supports perpetual swaps trading, enabling traders to engage in margin trading on crypto assets with leverage up to 1:10. With digital tokens frequently listed and delisted, Bitfinex provides diverse opportunities to participate in the dynamic cryptocurrency market.
Crypto Coins
- BTC
- ETH
- USDT
- LTC
- XRP
- DOGE
- ETC
- EOS
- LINK
- BCHN
- DOT
- DASH
- IOTA
- SUSHI
- NEO
- ZEC
- UNI
- ADA
- OMG
- MDOGE
- BSV
- TRX
- XTZ
- SOL
- XLM
- YFI
- USDC
- ZRX
- FIL
- VET
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IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures.
Crypto Coins
- BTC
- LTC
- ETH
- XRP
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Gemini offers a relatively small range of 110+ cryptocurrencies on its exchange, which is anchored by the native Gemini Dollar stablecoin, as well as perpetual swap derivatives. The powerful ActiveTrader platform is optimized for online trading, delivering a wide range of technical indicators and up to 7 time frames.
Crypto Coins
- BTC
- ETH
- XRP
- ADA
- DOGE
- DOT
- BCH
- LTC
- UNI
- LINK
- FIL
- XLM
- WBTC
- EOS
- SOL
- AAV
- XTZ
- ATOM
- MKR
- DAI
- COMP
- ZEC
- ENJ
- GRT
- SNX
- BAT
- MANA
- YFI
- UMA
- ZRX
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Kraken is a specialized crypto exchange and supports more than 220 cryptocurrencies. These include all of the established tokens like Bitcoin as well as some altcoins. Traders can make trades on spot crypto markets with up to 1:5 leverage or on futures with up to 1:50. Fees are low and the platform is super easy to pick up.
Crypto Coins
- AAVE
- ALGO
- ANT
- REP
- REPV2
- BAT
- BAL
- XBT
- BCH
- ADA
- LINK
- COMP
- ATOM
- CRV
- DAI
- DASH
- MANA
- XDG
- EWT
- EOS
- ETH
- ETC
- FIL
- FLOW
- GNO
- ICX
- KAVA
- KEEP
- KSM
- KNC
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M4Markets offers a decent range of 15 crypto CFDs paired with USD. Traders can get started with as little as $5 and enjoy zero commissions on crypto trades. Spreads on BTCUSD average around 14.1 which is competitive and in line with the top low-cost crypto brokers.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
- DOGE
- DASH
- XMR
- OMG
- NEO
- QTUM
- ZEC
- DOT
- SOL
- ETX
- AXS
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Trade a selection of the top cryptos against the US Dollar, including Bitcoin, Polkadot and Stellar with 50% leverage. Traders also benefit from fast execution speeds of <20ms.
Crypto Coins
- BTC
- LTC
- ETH
- XRP
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I found 5 crypto products at Tradeview: BTCUSD, ETHUSD, LTCUSD, XRPUSD and BTCJPY. Whilst this isn’t the widest range, beginners should have enough opportunities to explore the market. Plus, with STP/ECN execution, traders should be able to access relatively competitive prices.
Crypto Coins
- BTC
- ETC
- LTC
- XRP
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Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche.
Crypto Coins
- BTC
- BCH
- LTC
- ETH
- XRP
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Cryptocurrencies are available through the broker's Bahamas entity. Traders can access thousands of indicators to tailor their crypto trading strategies and there are no hidden charges.
Crypto Coins
- BTC
- ETH
- LTC
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Over 10 of the most popular cryptos are available with leverage of 1:2. With just a $100 minimum deposit, traders can benefit from advanced crypto analysis tools.
Crypto Coins
- BTC
- BCH
- DSH
- ETH
- LTC
- XRP
- DOT
- EOS
- LINK
- XLM
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Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available.
Crypto Coins
- BTC
- ETH
- QUANT
- UNI
- SOL
- BNB
- DOGE
- XRP
- XMR
- MATIC
- USDT
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Trade five crypto CFDs with BTC, BCH, ETH, LTC and XRP paired with USD and leverage available up to 1:20. Digital currencies can be traded around the clock, including on weekends.
Crypto Coins
- BTC
- LTC
- XRP
- ETH
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Trade 15+ of the most know cryptos, including Bitcoin and Ethereum. Digital currencies can be traded around the clock with no hidden fees. 1:10 leverage is also available on major tokens like BTC.
Crypto Coins
- BTC
- ETH
- LTC
- BCH
- DOT
- EOS
- LINK
- XLM
- NEO
- ADA
- SOL
- XRP
- BNB
- XMR
- AVAX
- DOGE
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SimpleFX’s strongest offering is its crypto trading environment, with a growing range of tokens, bolstered in 2024, including Bitcoin, Ethereum and Filecoin paired with the USD. Its crypto-based accounts also ensure a smooth trading experience for crypto enthusiasts, while the bespoke staking service allows capital to be utilized for margin trading.
Crypto Coins
- ADA
- APE
- ARB
- AVA
- BCH
- BNB
- DASH
- DOT
- EOS
- ETC
- ETH
- FET
- FIL
- INJ
- LNK
- LTC
- MATIC
- NEO
- SOL
- TIA
- WAVE
- XTZ
- YFI
- ZEC
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A strong range of cryptocurrencies are available with 35+ tokens including popular assets like Bitcoin and Ethereum. You can also make convenient Bitcoin deposits within minutes, with no transfer fees.
Crypto Coins
- BCH
- BTC
- DASH
- EOS
- BIT
- ETP
- LTC
- BTC
- OMG
- ZEC
- USDT
- BCH
- ETP
- QTUM
- XMR
- DOT
- ETC
- IOS
- NEO
- SAN
- ZRX
- EDO
- ETH
- IOT
- NEO
- SAN
- XRP
- BTG
- EDO
- ETH
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Trade a small selection of CFDs on crypto tokens in USD pairs. While the selection of cryptocurrencies is very limited, the 1:5 maximum leverage is higher than many similar brokers, making this a decent option for forex traders to dip into if not for dedicated crypto traders.
Crypto Coins
- BTC
- DSH
- ETH
- LTC
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FXTrading offers CFDs on 11 cryptocurrencies in 17 pairs, with six large cryptos including Bitcoin, Ethereum and Litecoin available to trade against USD or AUD. All other cryptos trade in USD pairs. Decent leverage of 1:10 or 1:20 is available depending on the crypto.
Crypto Coins
- BTC
- ETH
- XRP
- ADA
- BCH
- BNB
- DOG
- DOT
- EOS
- LTC
- XLM
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EZ Invest offers a narrow selection of popular cryptos paired with the US Dollar and Euro. However crypto-Euro pairs are less common so the broker is a good fit if you want these products.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
- XMR
- DASH
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Trade 60+ cryptocurrencies in CFD pairs with USD, AUD, CHF, EUR, GBP and more, and access leverage up to 1:10. Crypto traders will pay a 0.5% commission.
Crypto Coins
- BTC
- BCH
- DSH
- ETC
- ETH
- LTC
- XMR
- ZEC
- BAT
- EOS
- IOT
- NEO
- OMG
- BNB
- XLM
- TRX
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FP Markets supports CFDs on popular cryptos including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Yet while you can speculate on price movements through CFDs, direct ownership of coins is not supported. FP Markets also doesn’t add up-and-coming tokens for crypto enthusiasts on the pulse.
Crypto Coins
- ADA
- BCH
- BTC
- DOG
- DOT
- EOS
- ETH
- LNK
- LTC
- RPL
- SOL
- XLM
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Trade 42 crypto CFDs including 10 crypto cross pairs and 32 fiat pairs with USD and EUR. This is a very competitive offering for a CFD broker that gives diverse and flexible trading options.
Crypto Coins
- BTC
- BCH
- DSH
- EOS
- ETC
- ETH
- LTC
- XLM
- XMR
- XRP
- ZEC
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FXOpen offers CFDs on 40 cryptocurrency pairs, including cross-pairs with BTC as well as pairs with various fiat currencies such as GBP, USD and JPY. Crypto CFDs are tradeable with leverage of 1:2. Only pro traders can access crypto derivatives in the UK.
Crypto Coins
- BTC
- BCH
- ETH
- LTC
- ETC
- EOS
- DSH
- XRP
- IOT
- XMR
- NEO
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CFD trading is available across a diverse selection of cryptocurrencies. This range includes not only leading cryptos like Bitcoin and Ethereum but also extends to smaller tokens such as Polkadot. These digital assets can be traded against a variety of global currencies, including the USD, JPY, and MXN, as well as precious metals like gold and silver, marking Hantec out from the majority of brokers who only offer cryptos paired with the USD.
Crypto Coins
- BTC
- BCH
- XRP
- LTC
- ETH
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Take positions on popular cryptos against the US Dollar. Traders can go long or short with decent leverage up to 1:5. Clients of Dukascopy are also protected to the tune of CHF 100'000 in the event of broker insolvency.
Crypto Coins
- BTC
- ETH
- LTC
- BCH
- XLM
- DSH
- EOS
- TRX
- ADA
- UNI
- LNK
- MAT
- AVE
- MKR
- CMP
- ENJ
- YFI
- BAT
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You can get exposure to micro Bitcoin futures through the CME Group’s centralized exchange, which is highly regulated by the US CFTC. Micro contracts allow you to trade a fractional size of one Bitcoin, giving you more risk control and order flexibility.
Crypto Coins
- BTC
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Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
- BCH
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There’s a modest range of 20 cryptocurrencies paired with USD available, with high leverage up to 1:400. You can also access a Bitcoin base currency account which offers a convenient way to hold and trade your crypto assets without the need for an exchange.
Crypto Coins
- BTC
- XRP
- ETH
- LTC
- BCH
- XLM
- ADA
- ALG
- SOL
- UNI
- DOT
- LNK
- ZEC
- OMG
- MTC
- DSH
- DOG
- CHZ
- AVA
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You can trade some of world's most popular digital coins with zero commission and leverage. FXCM also stands out for its crypto major basket which offers exposure to Bitcoin, Ethereum, Litecoin and Bitcoin Cash in one trade.
Crypto Coins
- BTC
- ETH
- LTC
- BTC
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BinaryCent offers trading on a decent list of cryptocurrencies, including major tokens like Bitcoin. The broker also accepts crypto deposits and withdrawals, making it straightforward to fund, trade and manage your activities in digital currencies.
Crypto Coins
- ZEC
- XRP
- XMR
- SAN
- OMG
- LTC
- BTC
- IOT
- ETH
- ETC
- EOS
- DSH
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Trade popular crypto CFDs with leverage up to 1:30 and utilize convenient crypto funding in Bitcoin, Ethereum or other altcoins. You can also enjoy fully flexible, 24/7 crypto trading at home or on the go. Cryptos are paired with USD and CNY.
Crypto Coins
- BTC
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Pepperstone continues to prove itself as one of the most trusted crypto brokers. Although its selection of digital tokens is average, you can trade popular cryptos like Bitcoin and altcoins like Ripple with up to 1:10 leverage, while its crypto indices provide a holistic view of the digital currency markets not found on most trading platforms.
Crypto Coins
- BCH
- BTC
- ETH
- LTC
- DASH
- ADA
- LINK
- DOGE
- EOS
- DOT
- XRP
- XLM
- XTZ
- UNI
- BNB
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Spreadex offers spread betting on Bitcoin, Bitcoin Cash, Ether, Litecoin and Ripple in pairs with USD, allowing traders to make leveraged bets on crypto price movements through a derivative contract without owning the digital assets.
Crypto Coins
- BCH
- BTC
- ETH
- LTC
- XRP
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Fusion Markets offers the best-known crypto tokens paired with USD, and up to 1:10 leverage depending on your location. Bitcoin spreads are competitive starting from 0.04%, while it shines for its top-notch charting tools in MT4, MT5, cTrader and TradingView.
Crypto Coins
- BTC
- BCH
- ADA
- ETH
- LTC
- EOS
- XLM
- DOT
- LNK
- AVAX
- SOL
- MATIC
- DOGE
- BNB
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Focus Option clients can trade binary options on an extensive list of 80+ cryptocurrencies, including Bitcoin and Ethereum plus smaller altcoins like Tron and 0x. Crypto CFDs are also available through the broker's mobile app with high leverage.
Crypto Coins
- BTC
- ETH
- XRP
- USDT
- BTC
- LTC
- ADA
- AAVE
- ATOM
- DOGE
- KSM
- CRO
- THETA
- LINK
- YFI
- YCC
- MATIC
- RUNE
- SOL
- MANA
- MIOTA
- XMONEY
- XMR
- SUSHI
- BAT
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The broker offers a strong selection of 30 popular cryptos paired with fiat currencies, other tokens and metals. The high leverage up to 1:200 will serve experienced crypto traders, whilst the zero-commission pricing structure will appeal to beginners.
Crypto Coins
- BCH
- BNB
- BTC
- LTC
- OMG
- FTT
- BTC
- BCH
- DOG
- LTC
- XLM
- AAVE
- COMP
- LRC
- MKR
- SUSHI
- UNI
- BAT
- CRV
- ENJ
- LNK
- MANA
- MATIC
- SAND
- XRP
- LNK
- XRP
- KSM
- AVAX
- ETH
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Binance is one of the world's largest crypto exchanges. There is a vast range of products available including Binance Pool, Staking and an NFT Marketplace.
Crypto Coins
- DOGE
- VET
- USDT
- BTC
- BNB
- ETH
- VTHO
- ADA
- ONE
- SOL
- NEO
- LINK
- XLM
- NANO
- LTC
- BUSD
- HBAR
- ALGO
- MANA
- ZIL
- ENJ
- BCH
- MATIC
- EGLD
- HNT
- EOS
- QTUM
- RVN
- DAI
- IOTA
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Cryptocurrency CFDs are available on 11 popular digital coins for those using the international entity. Bitcoin is available, alongside popular altcoins like Avalanch and Dogecoin. Spreads are floating and minimum lot sizes from 0.01 are available.
Crypto Coins
- BTC
- ETH
- LTC
- XRP
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Go long or short on popular cryptos against the USD and EUR
Crypto Coins
- BTC
- LTC
- ETH
- XRP
- SOL
- BNB
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FXCC offers 8 of the most popular cryptocurrencies, including Bitcoin, Ethereum and Litecoin. High leverage up to 1:10 is available on BTC and 1:5 on other cryptos. There are no restrictions on crypto trading strategies with Expert Advisors (EAs) also permitted.
Crypto Coins
- BTC
- BCH
- ETH
- LTC
- XMR
- ZEC
- DAS
- XRP
-
Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Algo traders can also make use of trading bots and custom indicators within the third-party platforms.
Crypto Coins
- BAT
- BCH
- BTC
- DOG
- DOT
- DSH
- EOS
- ETC
- ETH
- IOT
- LNK
- LTC
- NEO
- XLM
- XMR
- XRP
- ZEC
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Exactly what the future holds in store for cryptocurrencies and their role in our world is hard to tell at this point. That they will have a major role is becoming hard to argue against. As a payments system, blockchain cryptocurrencies are faster, cheaper and potentially more secure than current online payment technologies. This means that they will almost certainly have a key role in future payment processing systems. However, their position as a viable alternative to fiat currencies will face stronger opposition from established governmental and financial institutions. As such, the future of cryptocurrencies as an eventual replacement for fiat currencies is less clear cut.
A significant way in which some of the more established cryptocurrencies have already achieved acceptance as financial assets or investment instruments is that they can now be traded alongside the major fiat currencies. CFDs pairing Ethereum and bitcoin with the U.S. dollar, British pound, euro and yen are now a commonplace offering on the trading platforms of brokers. In this article, we’ll focus on Ethereum and what anyone interested in trading the cryptocurrency should be aware of.
How to Trade Ethereum
Trading cryptocurrencies online via CFDs, spread betting or binary options brokers, whether Ethereum, bitcoin or another, works in the same way as with any other derivative. An Ethereum/fiat pair CFD is created by the broker which reflects the exchange price between the two. The actual cryptocurrency is not held and the trader simply uses a derivative to take a position on whether its price will rise or fall against the fiat currency it is paired against over the course of the trade.
The broker bases the exchange price of Ethereum to the fiat side of the pair, which could be USD, BGP, EUR or JPY, on the prices currently trading on the dominant cryptocurrency exchanges and market makers they work with.
A handful of particularly progressive brokers have also started to offer the option of traders using Ethereum and other cryptocurrencies as the base currency of their trading accounts.
Advantages to Trading Ethereum
The fact that cryptocurrencies are both a developing market and asset class and that different factors influence their pricing in comparison to other financial instruments creates an interesting scenario for traders. Ethereum’s unique status in this regard has several advantages for traders as well as some disadvantages.
One strong plus as to why trading cryptocurrencies such as Ethereum is gaining popularity is that, unlike with fiat currencies, there are no market hours. Their decentralised nature means they can be traded 24 hours a day, 7 days a week. This is of particular appeal to retail traders who have day jobs and find time limited during the working week.
Traditionally traded financial instruments such as fiat currencies, commodities, stocks and indices are closely connected to geo-politics and the economics of particular countries and geographical regions. Cryptocurrencies, on the other hand, are not influenced by localised factors in the same way and this leads to minimum correlation with most other instruments. Many traders consider this as a benefit to taking cryptocurrency positions, which can be considered as a hedge to positions held in other more highly correlated markets.
Finally, the biggest incentive for trading Ethereum and other cryptos is their high levels of volatility. It’s highly unusual to see daily movements of more than a decimal place of a percentage point between major fiat currency pairs. Ethereum, bitcoin and other cryptocurrencies are, however, still immature markets and as a result much more volatile. Movements of up to 3% against the major fiat currencies over the course of a single day are relatively commonplace and double-digit swings also take place from time to time. Such big price swings mean the potential to realise huge profits for traders who are on the right side of them.
Disadvantages to Trading Ethereum
Ethereum’s relative volatility in comparison to major fiat currencies can also be considered a disadvantage when it comes to trading the cryptocurrency. Just as big profits can be made by traders on the right side of any major price swing, those on the wrong side will sustain significant losses. This makes trading cryptocurrencies a high risk-high reward trading position and only appealing to more aggressive, adventurous traders.
A further disadvantage to trading Ethereum or bitcoin is another flipside to one of the advantages – non-correlation with other financial markets. Because cryptocurrencies are not influenced by the same geo-political and localised economic trends as other financial instruments, predicting their price trajectories means learning about and monitoring a different set of influencers. Ethereum price changes are mainly influenced by events around adoption numbers and sentiment and security.
While blockchain technology theoretically means cryptocurrencies should be much safer than electronically held fiat currencies when it comes to fraud or theft, their newness means that there are still bugs in the system that hackers occasionally exploit. Security breach scandals tend to send cryptocurrency values temporarily tumbling while big events that pep up sentiment that Ethereum or another cryptocurrency demonstrating strong adoption progress can really boost values. Cryptocurrency traders therefore have to monitor a whole different set of information which is both a time commitment and learning process.
Where Can I Trade Ethereum?
As little as a year ago there were very few online brokers offering Ethereum or other cryptocurrency CFDs. That is rapidly changing and now traders wishing to take positions on crypto/fiat pairs have a good degree of choice. Some of the biggest international names in financial markets trading now offer Ethereum and bitcoin pairs as part of their suite of tradable instruments. In another year, a brokerage not offering cryptocurrencies as tradable instruments will most probably be the exception.
When choosing a broker to trade Ethereum and other cryptocurrencies with the most important factors to look at are the size of the spread or commission, as some can be quite a lot wider than standard, and where pricing is taken. Most of the bigger cryptocurrencies have competing exchanges and prices for crypto unit to fiat currencies are not always 100% uniform do to the relative immaturity of the markets. When trading with leverage even fractional price discrepancies can make a difference. Most brokers will state the source and methodology of their cryptocurrency price feeds and it is important to see this is done in a clear and transparent manner.
Ethereum vs Bitcoin
We’ve seen how cryptocurrencies differ from fiat currencies but how do different cryptocurrencies differ between each other? What’s the difference between ethereum and bitcoin, for example? The first, and probably the most important, difference between cryptocurrencies is nothing more than rate of adoption.
Bitcoin was the first widely used cryptocurrency. As such, the supporting infrastructure of online and offline storage facilities, exchanges, merchants who accept payment in bitcoin and businesses built around bitcoin is the most developed. It has the highest rate of adoption. Ethereum is bitcoin’s closest challenger in terms of rate of adoption.
Ethereum’s growing popularity and usage is the result of an accompanying software ‘platform’ that adds additional features and makes it more than just a cryptocurrency. Ethereum is actually the name of the wider platform, with the cryptocurrency units referred to as ethers. Smart contracts can be created from digital tokens to represent things such as virtual shares, assets, proof of membership voting, fundraising and more.
Other differences between Ethereum and bitcoin are that Ethereum ‘blocks’, which store cryptographed transaction and ownership data, are formed more quickly, at around 12 seconds compared to 10 minutes for bitcoin. This makes transaction confirmations faster with Ethereum. There are a number of other differences between the two, such as how transfer costs are calculated. The main difference, however, can be summed up as that bitcoin’s ambition is purely to be a digital currency while Ethereum aims to accomplish more with the currency aspect one element of a bigger overall aim.
How Cryptocurrencies Work
Cryptocurrency systems such as Ethereum and Bitcoin are based on a technology called blockchain. Blockchain is a decentralised ledger-type database that stores a registry of assets and transactions across a peer-to-peer network. It’s essentially a public registry of who owns what and who transacts what, its history locked in blocks of data then cryptographically linked and secured to make an unforgeable record of all transactions which replicated on every computer using the network.
The two fundamental differences between crypto and fiat currencies are:
- Cryptocurrencies do not require a third party to verify and control electronic transactions
- Cryptocurrencies have a finite, non-expandable total number of units
These two divergences in how cryptocurrencies work compared to fiat are put forward by advocates as why they are a superior alternative. The decentralised nature of blockchain makes tampering harder and security higher as there is no single point of weakness in a registry stored in potentially hundreds of millions of multiple copies on multiple devices. They are also not influenced by political and economic interests and events affecting specific geographies. And, most crucially, units cannot be devalued by a central bank printing more of the currency as and when they see fit.