Cryptocurrencies have recently emerged as one of the most traded asset classes, largely due to their potential to change the global financial landscape. Cryptocurrency CFDs are financial derivatives that allow you to speculate on the price movements of popular cryptocurrencies, such as Bitcoin, Ethereum, Ripple, and more, without actually taking ownership of the underlying digital currencies. With Cryptocurrency CFDs, you gain 24/7 access to trade both falling and rising prices without having to worry about digital wallets, keys, and keystores.

One of the main benefits of trading Cryptocurrencies is that it’s a highly volatile market with ample opportunities for both short and long traders. Another benefit is that you can trade on the price movements of Cryptocurrencies without having to own or store the underlying coins. You also don’t need to worry about wallets or keys. Instead, you get direct 24/7 access to trade on the price direction of the world’s most popular Cryptocurrencies against other major currencies such as the USD and the EUR. Moreover, trading Cryptocurrency CFDs with WB also enables you to gain exposure to highly-sought investment vehicles by investing with lower margin as you benefit from up to 1:500 Dynamic Leverage. However, it’s worth noting that leverage is also one of the main risks associated with CFD trading as it can magnify your potential profits as well as your potential losses. Therefore, it is important to make sure that you have a suitable risk management strategy in place, which should include the appropriate stops and limits.

To trade Cryptocurrency CFDs, you need to follow these steps:

• Choose a reputable broker that offers Cryptocurrency CFDs trading such as Windsor Brokers and sign up to open your trading account. You will then need to verify your identity and provide some personal documents before you can fund your account and start trading the world’s biggest Cryptocurrencies by market capitalization.
• Choose a Cryptocurrency CFD that you’d like to trade. You can use WB’s technical and fundamental analysis tools to identify trading opportunities in different Cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple and more.
• Decide whether you want to go long or short. You can use various indicators and tools to help you time your entry and exit points on the live Cryptocurrency chart.
• Place your trade and monitor your position. Enter your trade and keep track of your position. Use stop-loss orders, take-profit orders, and trailing stops to control your risk and secure profits or limit losses. You can also decide to close your trade manually when you decide you want to take your profit or loss

With Windsor Brokers, you can trade a range of Cryptocurrency CFDs on Bitcoin, Ethereum, Litecoin, Ripple, and more against different major currencies such the EUR and the USD as well as in individual assets.

With Windsor Brokers, you can enjoy up to 1:500 dynamic leverage for all Cryptocurrency CFDs. Dynamic leverage is a way to manage your risk better when you trade with high volumes. It works by changing the leverage automatically based on the total number of lots of your open positions for each instrument. This means that the more you trade, the less leverage you get, and vice versa. This lowers your exposure and helps you adjust your margin requirements. The margin requirements are different for each symbol and they change according to your net position size. This is done for each trading instrument separately. To learn more and to see the exact leverage ratios for each CFD asset class, please visit our Dynamic Leverage page.

Windsor Brokers allows you to trade Cryptocurrency CFDs with low commissions and with some of the lowest possible spreads. The spread is the difference between the buy and sell prices of a Cryptocurrency CFD. The spread is included in the price that you see on our trading platform before you place your trade.

If you keep your positions open for a long period of time, you may also incur an overnight swap fee. Swap values can be found within our trading platform and by clicking here.